Donald Trump’s second term has seen him embrace bitcoin (BTC) — often referred to as “digital gold” — and cryptocurrency, including issuing executive orders and promising legislation that will regulate stablecoins and market structure. BTC has seen its price appreciate approximately 4.3% since Trump’s inauguration. Interestingly, the GLD Exchange Traded Fund (ETF), which tracks the … Read more
The leading digital asset has tumbled from its recent all-time high, even as retail and institutional investment reach record levels. Record Crowds at Bitcoin Event, But Price Remains Stuck Below $105K More than 35,000 of the Bitcoin faithful flocked to Sin City and packed the Venetian Resort in record numbers last week. But on the … Read more
Private equity firm Roark Capital has bought a majority stake in Dave’s Hot Chicken, the company announced on Monday. Financial terms were not disclosed, but Dave’s CEO Bill Phelps said on CNBC’s “Squawk Box” that the reported $1 billion valuation for the deal is “pretty close.” Since its founding in a Los Angeles parking lot … Read more
Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt (XAUT) on The Open Network (TON), in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows tokens to be transferred through blockchains without wrapping … Read more
Reitar Logtech Holdings Ltd., a Hong Kong-based firm operating in real estate and logistics technology, has officially announced plans to purchase up to $1.5 billion worth of Bitcoin. The move was disclosed in a June 2 filing with the U.S. Securities and Exchange Commission (SEC). According to the filing, the strategic Bitcoin acquisition is intended … Read more
Pakistan has allocated 2,000 megawatts (MW) of electricity to fuel Bitcoin mining and artificial intelligence (AI) infrastructure, marking a major leap toward becoming a digital-first economy. On May 25, 2025, Finance Minister Muhammad Aurangzeb announced the bold strategy, stating, “This strategic allocation marks a pivotal moment in Pakistan’s digital transformation journey, unlocking economic potential by … Read more
Norwegian Block Exchange (NBX), a leading Nordic cryptocurrency exchange and digital asset platform, announced that it has added Bitcoin to its balance sheet, marking a national milestone as the first publicly listed company in Norway to hold Bitcoin as part of its treasury strategy. The company has secured 6.0 Bitcoin and plans to increase its … Read more
Bitcoin exchange-traded funds (ETFs) broke their six-week inflow streak with a $157 million net outflow, led by sharp exits on Thursday and Friday. Meanwhile, ether ETFs continued their bullish run, racking up a $285.84 million inflow, their second-largest weekly gain in 2025. Bitcoin ETFs See First Weekly Outflow in Six Weeks As Ether ETFs Surge … Read more
Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised … Read more
XRP peaked at $3.31 in January 2025, up 255% post-election. RippleNet transactions now near one million per day. SEC case nearly resolved; ETF filings remain pending. XRP has fallen 34% to $2.18 on May 30 from its highs in January 2025, reflecting a significant retreat in investor confidence. XRP had surged to a multi-year high … Read more