Best Buy is staying agile in an uncertain world of tariffs. (Photo by Justin Sullivan/Getty Images) Getty Images U.S. consumer electricals giant Best Buy missed quarterly revenue expectations and cut its full-year sales and profit guidance amid the impact of higher tariffs. Despite a judicial decision that could yet derail President Trump’s intended tariff deals, … Read more
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Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether. Paolo Ardoino began his speech by saying, “last year we made $13 billion in profit. We keep a $120 billion blast in US treasuries as of now. We have committed … Read more
Banco Santander SA, a global banking institution, is considering expanding crypto services to retail clients and potentially launching a stablecoin product. The stablecoin plans are still in the early phases. According to a May 29 Bloomberg report, the bank is considering offering both dollar and euro-pegged fiat tokens. Large banking institutions, including JPMorgan, Bank of … Read more
BitcoinOS has revealed deploying a zero-knowledge (ZK) rollup for Litecoin, by leveraging its BitSNARK verifier on the new LitVM infrastructure to enable trustless cross-chain functionality between Litecoin and Bitcoin. ZK Tech Connects Bitcoin and Litecoin via BitcoinOS The smart contract operating system BitcoinOS (BOS) unveiled the ZK rollup solution at the Litecoin Summit on May … Read more
When even critics like Peter Schiff show up at Bitcoin 2025, has Bitcoin finally become too big to ignore — or too tempting to ridicule from within? JD Vance’s Bitcoin dreams collide with Peter Schiff’s Bitcoin cynicism The Bitcoin 2025 conference unfolded in late May at the Venetian Convention Center in Las Vegas, drawing a … Read more
Ethereum Ethereum’s recent Pectra upgrade has enhanced its institutional appeal, but has yet to drive a significant rise in onchain activity, according to a report by JPMorgan. In a note shared with The Block, JPMorgan analysts led by Nikolaos Panigirtzoglou acknowledged that while the latest upgrade supports Ethereum’s long-term growth narrative, it hasn’t translated into … Read more
Crypto markets showcase a unique resilience amid global economic disruptions, indicating a robust structural optimism that distinguishes them from traditional assets. Recent events highlight that during periods of turbulence, cryptocurrency sentiment tends to stabilize faster than equities, reflecting a deeper, inherent confidence among digital asset investors. “This optimism isn’t a glitch — it’s a pattern … Read more
Cantor Fitzgerald, a major global financial services firm, has executed its first trades this month within its newly launched $2 billion bitcoin financing business, Chairman Brandon Lutnick explained at the Bitcoin 2025 conference in Las Vegas. Cantor Fitzgerald Chairman Details Firm’s Growing Bitcoin Initiatives During his fireside chat session with Paolo Ardoino the CEO of … Read more
On Wednesday night, Elon Musk said farewell to the Department of Government Efficiency. The two-year-old office will now carry on without its best-known supporter as President Donald Trump moves into the second half of his term. “As my time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump … Read more