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Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced […]
Chinese-linked firm raises $300M from private investor to buy TRUMP memecoin
A little-known tech company with ties to China is pledging up to $300 million to purchase Bitcoin and the Trump-themed memecoin TRUMP, according to a May 11 filing with the […]
Twenty One Capital becomes top Bitcoin holder with $458.7M purchase ahead of public listing
Twenty One Capital has purchased 4,812 Bitcoins (BTC) on May 9 for approximately $458.7 million, according to an 8-K Form filed with the US Securities and Exchange Commission (SEC). The […]
SEC punts decision on crypto ETFs again, final rulings anticipated later in 2025
The US Securities and Exchange Commission postponed decisions on multiple crypto-related exchange-traded fund (ETF) applications on May 13, including those filed by Grayscale and BlackRock. The delays extend the agency’s […]
Arizona says NO to CBDC ban and crypto payments in sweeping veto
On May 12, Arizona Governor Katie Hobbs rejected three crypto-friendly bills, Senate Bills 1373, 1024, and 1095. The bills aimed to expand the government’s role in digital asset adoption while […]
Hyperliquid hits $6B in open interest as Bitcoin tests $105k near price discovery
Decentralized trading platform Hyperliquid has hit a new high, crossing $6 billion in open interest, according to figures from CoinGlass. The surge came just a day after Hyperliquid reported that […]
Trump family-backed Bitcoin reserve company American BTC to go public this year
American Bitcoin, a majority-owned subsidiary of Hut 8 and associated with the Trump family, is set to become a publicly traded entity through a merger with Gryphon Digital Mining. The […]
Strategy and Metaplanet purchase combined 15,000 BTC for nearly $1.5 billion as Bitcoin rallies
Bitcoin’s steady rise amid easing macroeconomic pressures is drawing renewed interest from institutional giants. On May 12, Japan’s Metaplanet and US-based Strategy (formerly MicroStrategy) each confirmed large Bitcoin purchases, signaling […]
Institutional investors contributed $882 million globally to surge in crypto investments last week
Institutional appetite for digital assets is gaining momentum, with crypto investment products recording $882 million in inflows last week. According to new data from CoinShares, this marks the fourth straight […]
China confirms US tariff suspension, Bitcoin nears ATH with huge green candle to $105k
Bitcoin opened the week with a strong hourly move, climbing 1.7% to reach $105,705 in early Monday trading. The surge brought the asset to its highest level since January’s all-time […]