Bitcoin Margin Longs Drop Amid Strong ETF and Options Flows Indicating Bullish Sentiment from Professional Investors

by

Bitcoin’s recent price surge has not deterred professional investors from adjusting their strategies, signifying a complex market sentiment at play. Despite Bitcoin soaring nearly 24% in the last month, Bitfinex margin longs have contracted significantly, indicating traders might be realizing profits cautiously. “The current dynamics suggest that whales are not bearish, yet they are strategically … Read more

Basel Medical Group launches $1b Bitcoin acquisition strategy

by

Basel Medical Group Ltd has entered exclusive negotiations to acquire US$1 billion worth of Bitcoin in a strategic move to strengthen its balance sheet and diversify its treasury reserves. The announcement, made on May 16, marks a significant shift for the Singapore-based healthcare company, as it looks to blend digital asset investment with aggressive growth … Read more

Institutional Rush: 5% Is the New 1% for Crypto Portfolios, Says Bitwise

by

Crypto is erupting into mainstream finance as major advisory firms embrace digital assets, with billions set to flow and 5% allocations becoming the new norm, Bitwise says. The ‘Big Unlock’ Is Happening—Billions Poised to Shift Across Wealth Portfolios Bitwise Asset Management’s chief investment officer, Matt Hougan, offered a bullish outlook on crypto adoption within traditional … Read more

Senator Slams Trump’s World Liberty Financial Over ‘Seriously Inadequate’ Response to Inquiry

by

Sen. Richard Blumenthal (D-CT) skewered the Trump family’s crypto firm, World Liberty Financial, on Friday—for what he called its “seriously inadequate” response to a Senate inquiry into the company’s business practices.  “This seriously inadequate response conveniently avoids the fact that foreign governments and others can enrich and compromise the President through World Liberty Financial,” Blumenthal … Read more

The Economist Magazine Criticized the Crypto Industry Harshly! Here’s Why

by

The Economist has taken scathing criticism of the cryptocurrency sector, describing it as the “ultimate swamp asset” and accusing it of straying from the ideals of decentralization, particularly in the context of US politics. The Economist Denounces Cryptocurrency as the “Ultimate Swamp Asset,” Criticizes US Industry’s Turn to Political Rent-Seeking The paper argues that the … Read more

French crypto entrepreneurs to receive extra security amid recent kidnappings: Report

by

Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported. According to the May 16 report, the measures include priority access to police emergency lines, home security assessments, and safety briefings from French law enforcement to ensure best practices are being … Read more

When Do New Episodes Come Out?

by

Alexander Skarsgård in “Murderbot.” Apple TV+ Murderbot — a sci-fi action-comedy series starring Alexander Skarsgård — is new on streaming on Apple TV+. When will new episodes be released? Murderbot arrived on Apple TV+ on Friday with a two-episode premiere. The streaming service’s summary for the series reads, “Based on Martha Wells’ bestselling Hugo and … Read more

Bitcoin’s 1-MB OP_RETURN Block Breaks Records as Blockchain Becomes a Message Board

by

In recent weeks, a proposal aiming to eliminate Bitcoin’s 80-byte limitation on script opcodes has stirred spirited debate, culminating in what some are calling the OP_RETURN War of 2025. On Thursday, block 896,696 featured an unusually large non-standard OP_RETURN—so expansive it occupied the entire block with a solitary transfer. OP_RETURN ‘Rickrolling’ Discussion around the Bitcoin … Read more