Author: John Smith
Trump Media and Technology Group has closed a $2.44 billion private placement with roughly 50 institutional investors, aiming to establish one of the largest Bitcoin treasuries among publicly-traded U.S. companies. The offering included the sale of 55.8 million common shares at $25.72 each, generating $1.44 billion, and $1 billion in 0% convertible senior secured notes due 2028, convertible at $34.72 per share. Net proceeds of approximately $2.32 billion will be used to acquire Bitcoin (BTC) and fund general corporate operations. Crypto.com and Anchorage Digital will handle custody for the Bitcoin treasury. Bitcoin and ‘financial freedom’ Trump Media, operator of Truth…
How did the decision by SEC Binance to close the Binance lawsuit coincide with Binance losing over 30% of its global trading volume between 2023 and April 2025? The SEC vs Binance battle fades as the SEC lawsuit against Binance gets quietly buried After nearly two years of courtroom tension, regulatory scrutiny, and public debate, the U.S. Securities and Exchange Commission has formally withdrawn its civil lawsuit against Binance and its founder, Changpeng “CZ” Zhao. The decision, filed jointly by lawyers from both sides on May 29, in a Washington, D.C. federal court, marks a striking conclusion to one of…
Paris Saint-Germain, one of Europe’s top football clubs, has officially revealed that it holds Bitcoin on its balance sheet — marking a first for the global sports industry. The announcement was made during the Bitcoin 2025 conference in Las Vegas, where Par Helgosson, head of the club’s innovation hub PSG Labs, confirmed that a portion of the club’s fiat reserves was converted into Bitcoin (BTC) in 2024 and continues to be held. The move positions PSG as the first professional sports franchise to publicly adopt Bitcoin as a treasury asset rather than merely a marketing tool. Most clubs with crypto…
Numeraire, a token linked to the artificial intelligence-powered hedge fund Numerai, has soared nearly 30% in the past 24 hours amid a staggering 2,900% spike in daily trading volume. The Numeraire (NMR) price rose sharply as top cryptocurrencies wavered amid continued tariff uncertainty. As risk assets slipped on news that China had “violated” its trade agreement with the U.S., NMR, the native token of the AI hedge fund designed to democratize data science via blockchain, rallied to highs of $12.04 across major exchanges. Upside momentum continued Numeraire’s recent uptick, with Friday’s performance marking its best in the past two weeks.…
Tariffs still haven’t triggered significant inflation in April, which could benefit Bitcoin. Source link
Key Takeaways The SEC said the block is intended to protect local users and prevent the use of unregulated platforms for money laundering and fraud The regulator filed formal complaints with the Ministry of Digital Economy and Society (MDES), citing violations of the Royal Decree on Digital Asset Businesses Ramping up its regulatory crackdown, Thailand’s Securities and Exchange Commission (SEC) will block five crypto exchanges — Bybit, OKX, CoinEx, 1000X, and XT.COM — for allegedly offering services in the country without authorization. The restriction will take effect on June 28. The regulator filed formal complaints with the Ministry of Digital…
Moonwell token jumped and crossed a key resistance level on Friday as its decentralized finance platform growth continued. Moonwell (WELL) soared to $0.03900, the highest point since February 1, and up by 157% from its lowest point in March. It jumped on Friday even as the crypto market crash continued. Moonwell token surged as its ecosystem growth continued. DeFi Llama data shows that the total value locked jumped to a record high of $251.5 million, a significant increase from April’s low of $101 million. Most of these assets are on Base, the layer-2 blockchain that Coinbase launched in 2023. Moonwell…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Coldware, Hedera, and Render show how institutions can hedge against inflation with real-world use cases and strong tech. Inflation doesn’t just hit people. It hits institutions, too. While most headlines focus on Bitcoin and Ethereum, some Tier 1 players move differently. They’re backing projects with real-world value, smart use cases, and strong tech foundations. Hedera, Coldware, and Render each solve a different part of the problem. Each one brings something different — speed, structure, or utility. More importantly, they…
The crypto market crash continued on Friday as profit-taking accelerated and concerns about trade and the Federal Reserve deepened. Bitcoin (BTC) price dropped to $105,500, down from the all-time high of $111,900 last week. The other top laggards were altcoins like PancakeSwap (CAKE), Raydium (RAY), Ethena (ENA), and Arbitrum (ARB), which dropped by over 10%. The crypto market crash triggered a wave of liquidations. CoinGlass data shows that 24-hour liquidations jumped by 125% to $709 million. Almost 224,000 traders were liquidated, with the largest loss amounting to nearly $13 million. Cryptocurrencies retreated as Bitcoin lost momentum following its strong rally…
Stripe has begun early discussions with banks about integrating stablecoins into traditional finance products, according to Bloomberg reporting. The talks follow Stripe’s recent moves to build out its stablecoin offerings, including a platform that allows fintechs to launch stablecoin-linked cards quickly. Co-founder John Collison told Bloomberg that banks are taking stablecoins seriously and are exploring ways to incorporate them into their services. About $243 billion in stablecoins are currently in circulation, with growing interest in using them for real-world payments. Collison emphasized that stablecoins could eliminate costly and slow cross-border fees. “A lot of our future payment volume is going…