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MicroStrategy Inc., led by Michael Saylor, and its executives are facing a class action lawsuit, as disclosed in a recent SEC filing. The lawsuit alleges that the company made misleading statements regarding its Bitcoin strategy, specifically concerning the risks and profitability associated with its investments in the cryptocurrency. The legal action claims that MicroStrategy’s executives … Read more

Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin (BTC) “treasury reserve” and it was “committing up to 50% … Read more

Australian Judge rules Bitcoin should be treated as money, not a taxable asset. Decision contradicts decade-long ATO position on cryptocurrency taxation. According to a tax attorney, if the decision is upheld, possible refunds might total $640 million. A judge in Australia decided that Bitcoin should be treated as money rather than a taxable asset, which … Read more

In the world of bitcoin trading, identifying key price levels can be the difference between a profitable decision and a costly error. Among the arsenal of tools available to technical analysts, Fibonacci retracement stands out for its mathematical elegance and practical reliability. Fibonacci Retracement and Why It Matters Fibonacci retracement is a technical analysis tool … Read more

Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset.  According to a May 19 update by Santiment, less than 4.9% of Ethereum’s (ETH) total supply is now held on exchanges, a record low in the network’s 10+ year history. … Read more

The crypto market is heating up with opportunities for investors aiming to outperform benchmarks in 2025. Among thousands of tokens, four stand out for their unique value propositions and institutional backing: Dogecoin (DOGE), Pepe (PEPE), XRP, and Rexas Finance (RXS). While DOGE, PEPE, and XRP show potential, Rexas Finance is emerging as the dark horse, … Read more

ARK Invest projects Bitcoin to reach $1.5 million by 2030 based on institutional inflows and fixed supply dynamics. As of May 2025, Bitcoin trades above $103,000, supported by post-ETF approval demand and on-chain accumulation. Additional forecasts from SkyBridge, Unchained Capital, and InvestingHaven suggest $200K–$1M Bitcoin targets within the decade. Cathie Wood, CEO of ARK Invest, … Read more

The global financial landscape sees its standards predominantly shaped by the European Union and the United States. However, in the realm of cryptocurrencies, the United States is paving the way by setting benchmarks that could determine the future trajectory of this digital asset class. How Legitimate Are Cryptocurrencies Globally?Is Regulation the Missing Piece in Crypto’s … Read more

Telegram fiercely rejects alleged French intel pressure to censor conservatives, exposing explosive claims of European election meddling and reaffirming its uncompromising stance on free speech. Telegram Refuses to Be Europe’s Political Weapon Telegram founder Pavel Durov revealed on May 19 that French intelligence sought to interfere in Romania’s presidential election by pressuring him to censor … Read more

Vinanz, a publicly traded company based in the United Kingdom, has purchased 16.9 Bitcoin for $1.75 million to add to its treasury. This acquisition reflects a growing trend among publicly listed companies to hold Bitcoin as part of their corporate treasury strategies. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For … Read more