Key points: US President Donald Trump has extended the deadline of a proposed 50% tariff on EU goods to July 9. A temporary easing in trade tensions could help fuel Bitcoin’s rally to new all-time highs. Bitcoin’s (BTC) price climbed back above $109,000 during the late trading hours on May 25, as traders responded to […]
Some prominent financial commentators and investment analysts are predicting a long-term Bitcoin rally that may send the asset’s price above $1 million before the end of the decade, driven by rising inflation and mounting global debt. ARK Invest CEO Cathie Wood said Bitcoin (BTC) could reach $1.5 million by 2030 in her firm’s “Bull Case” […]
Some prominent financial commentators and investment analysts are predicting a long-term Bitcoin rally that may send the asset’s price above $1 million before the end of the decade, driven by rising inflation and mounting global debt. ARK Invest CEO Cathie Wood said Bitcoin (BTC) could reach $1.5 million by 2030 in her firm’s “Bull Case” […]
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Bitcoin (BTC) bounces back to eye fresh all-time highs as a testing macro week unfolds for risk-asset traders. BTC price action dipped below $107,000 before rebounding into the weekly close, and some are eagerly anticipating new record highs. US inflation data meets bond market woes this week as the Federal Reserve shows no signs of […]
Digital assets worth $3.3 billion are set to enter circulation in June as vesting periods for several major projects expire. According to crypto vesting tracker Tokenomist, $3.3 billion in tokens will be released in June, a 32% decline in unlocked tokens month-on-month. In May, such tokens totaled $4.9 billion. Crypto projects allocate tokens for various […]
Solana, a top-10 cryptocurrency project, has announced a change to its consensus protocol to turbocharge the network’s performance. Alpenglow, the new implementation, reduces latency to near Web2 levels, making Solana capable of competing with Web2 providers. Solana Aims to Compete With Web2 Providers With New Alpenglow Consensus Protocol Solana, one of the largest, most used […]
A single victim has been scammed two times within three hours, losing a total of $2.5 million in stablecoins. According to data shared on May 26 by crypto compliance firm Cyvers, the victim sent 843,000 worth of USDt (USDT) followed by another 2.6 million USDt around three hours later. Cyvers said the scam used a […]
Cryptocurrency investment products saw a sharp increase in inflows last week, driving the year-to-date total above $10 billion, according to data from European crypto investment manager CoinShares. Global crypto exchange-traded products (ETPs) recorded $3.3 billion of inflows during the week ending May 24, bringing total inflows year-to-date to a new record of $10.8 billion, CoinShares […]
Adam Back, known for his interactions with Satoshi, has led a funding round in H100 Group, the first public company in Sweden to announce a bitcoin purchase strategy. Back invested nearly $1.5 million in a $2.2 million funding round to help the company advance its Bitcoin roadmap. Adam Back Leads H100 Group’s $2.2 Million Funding […]
Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent challenge in its energy sector. The country’s energy landscape has been […]
The Hong Kong-headquartered heat-and-eat meal seller DDC Enterprise has made its first-ever Bitcoin purchase as part of a plan to buy 5,000 Bitcoin over the next three years. The New York-listed DDC Enterprise, also known as DayDayCook, said on May 23 that it bought 21 Bitcoin (BTC) in exchange for 254,333 shares in a deal […]
