Bhutan has slipped to the seventh-largest nation-state Bitcoin holder, with its stash falling from 13,295 BTC in October 2024 to 5,700 BTC. Bhutan has offloaded another $22 million in Bitcoin mined through its state-owned mining venture, with the sale coming amid crypto price declines and challenging mining conditions. Data from blockchain analytics platform Arkham shows that Bhutan moved 184 Bitcoin (BTC) worth $14 million from its national reserve on Wednesday, adding to another 100.8 Bitcoin transfer worth $8.3 million last Friday. The $22.3 million worth of transfers were sent to crypto market maker QCP Capital, Arkham said. Transferring assets to market makers often signals a sale, as they help convert those assets into liquid markets. Read more
Payy says its new layer-2 network routes ERC-20 transfers through privacy pools by default without requiring new wallets or tokens. Crypto project Payy, which operates a privacy-focused wallet alongside a crypto banking card, has launched an Ethereum layer-2 network designed to support private ERC-20 transfers. In an announcement via X on Wednesday, Payy said users can add the network as a custom chain in MetaMask and that ERC-20 transfers made on it are routed through privacy pools by default with “no smart contract changes required.” Payy said the two core user types on its network would be institutions and fintech firms seeking to bring financial flows onchain while limiting public transaction traceability and crypto natives seeking to use privacy tools without “juggling multiple wallets.” Read more
Social media sentiment has turned “extremely bearish” toward Bitcoin and Ethereum this week, according to analytics platform Santiment. XRP sentiment on social media has remained relatively robust despite a crypto market slump that has seen Bitcoin fall close to $70,000. Santiment said in an X post on Wednesday that “XRP is seeing a more optimistic outlook among traders” on social media as Bitcoin (BTC) and Ethereum (ETH) have “turned extremely bearish” after a major downswing. Santiment’s Positive/Negative sentiment indicator, which measures the ratio of positive to negative social media mentions for a cryptoasset, shows XRP (XRP) has a score of 2.19, 103% higher than Ethereum’s 1.08 and 173% higher than Bitcoin’s 0.80. Read more
French-held retailer Auchan, which has been operating in Romania for two decades, overshot the 500-store mark in Romania in 2025 after having opened two ATAC Hiper Discount stores in Chitila and Oradea, a large Auchan hypermarket in Popesti-Leordeni, Ilfov and 60 Simply by Auchan franchised convenience stores.