A simple observation of the state of the Bitcoin mempool and its low utilization sparked a debate on the current state of bitcoin adoption and how the retail and self-custody use case have languished in the face of the digital gold narrative. Is Bitcoin as a Retail Instrument Gone? Enthusiasts Ponder The current utilization, or […]
Bitgo has announced that it has received a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin), allowing the company to offer regulated digital asset services across the European Union. This regulatory approval marks a significant expansion for Bitgo Europe GmbH, which was established in Frankfurt in 2023 as the company’s […]
Twenty One Capital announced Tuesday that Tether Investments purchased 4,812 bitcoin for $458.7 million at an average price of $95,319.83 per BTC, part of a business combination agreement involving multiple entities. Tether Acquires 4,812 Bitcoin at $95.3K Each for Cantor-Led Business Deal The Cayman Islands-based firm disclosed in a U.S. Securities and Exchange Commission (SEC) […]
Key Takeaways: Bitcoin price holds above $100,000, driven by “risk-on” sentiment after the CBOE Volatility Index (VIX) dropped to 20. The Bitcoin Bull Score Index surged to 80, and the Fear & Greed Index suggests growing optimism, with historical patterns indicating potential for further price gains. Bitcoin (BTC) price continues to consolidate higher above $100,000 […]
Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets. In a May 12 letter, Senators Cynthia Lummis and Bernie Moreno suggested Bessent had the authority to change the definition of “adjusted financial statement income” under existing US […]
On Tuesday afternoon, bitcoin appreciated by 2.6% against the U.S. dollar, brushing up against the $105,000 threshold. At the same time, a broad array of altcoins outpaced the leading cryptocurrency: ETH gained 8.5%, SOL advanced 5.9%, and DOGE registered a 4.8% increase. Bitcoin’s Macro Role Grows as Bitfinex Cites ‘Increasingly Favourable’ Sentiment The broader crypto […]
The Infinite Node Foundation (NODE), a nonprofit focused on conserving digital art, has acquired full intellectual property rights to the iconic Cryptopunks collection from Yuga Labs, securing long-term stewardship for the pioneering non-fungible tokens (NFTs). New Era for Cryptopunks as Infinite Node Foundation Secures Full IP Rights Founded in 2017 by Larva Labs, Cryptopunks revolutionized […]
Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about President Donald Trump’s financial ties to the cryptocurrency industry. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, failed to get enough […]
DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 solana ( SOL) tokens at an average price of $136.81, totaling approximately $23.6 million, marking the company’s largest purchase of solana to date and its tenth acquisition under its digital asset treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 595,988 […]
Key takeaways: Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating. Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs. Analysts warn of a potential short-term correction, especially if gold weakens or seasonal trends play out. Optimism has returned to the crypto markets, and […]
According to data retrieved from Tether’s reserves portal, the stablecoin behemoth has officially surpassed the $150 billion threshold for the first time on record. Tether’s Net Circulation Swells Past 150B as It Widens Lead USDT, Tether’s U.S. dollar-linked token, holds the title of the largest fiat-referenced digital asset by market capitalization. This week, the firm’s […]
On Tuesday, May 13, the cryptocurrency market is valued at $3.33 trillion, marking a 0.44% increase in the past 24 hours. While bitcoin posted a 10% weekly rise, ethereum’s striking 44% climb—paired with a wave of double-digit gains across several altcoins—has prompted growing speculation that the often-discussed ‘Altcoin Season’ may be near. Crypto Market Swells […]
