Category Archives: crypto

Japan’s Metaplanet issues $24.8 million in bonds to boost Bitcoin holdings past 5,000 BTC

The funds raised will be specifically allocated for further Bitcoin purchases. The bonds were sold in full to EVO FUND. The bonds offer investors the potential for early repayment if certain conditions are met. Tokyo-based Metaplanet is taking steps to expand its cryptocurrency portfolio by issuing ¥3.6 billion (approximately $24.8 million) in bonds to fund […]

Kraken Q1 revenue jumps to $472 million amid Trump-era crypto volatility

EBITDA for the quarter reached $187.4 million, a 17% increase. Trading volume rose 29% amid a 35% rally in Bitcoin prices. Launch of institutional FIX API boosted futures volumes by 250%. Kraken, one of the longest-operating cryptocurrency exchanges in the United States, reported a 19% year-on-year increase in revenue for the first quarter of 2025, […]

The miner’s paradox: why Trump’s era isn’t golden for US Bitcoin firms

Most major US public Bitcoin miners expected to report Q1 losses despite high BTC prices. US tariffs on imported mining rigs raised costs and created strategic uncertainty for miners. The April Bitcoin halving event further pressured revenue by cutting block rewards by 50%. Despite entering office with promises to champion the US Bitcoin mining industry, […]

SUI and SEI rally as Bitcoin tops $96K, breakouts signal 2025 highs

The surge in the altcoins comes amid a broader rally triggered by Bitcoin’s new milestone. The daily chart for SUI reveals a bull flag pattern, often considered a continuation signal for uptrends. After dipping below $0.14 earlier this year, the token has reversed its downtrend. As Bitcoin pushed past $96,000 this week, it reignited interest […]

Crypto news today: Bitcoin holds $94K despite volatility; analyst warns market ignores risks

Bitcoin recovered from an intraday dip to trade near $94,700, down slightly over 24 hours. US stocks also recovered late after falling over 2% early on weak economic data. Altcoins generally underperformed Bitcoin, with the CoinDesk 20 index down 2%. Cryptocurrency markets navigated a choppy session on Wednesday, ultimately demonstrating resilience alongside traditional US equities […]

First 100 days under President Trump: crypto industry faces new challenges and opportunities

SEC and CFTC leadership reshuffled to favour digital asset regulation. Strategic Bitcoin Reserve created, but without new BTC purchases. WLFI stablecoin launch triggered calls for an ethics investigation. The first 100 days of US President Donald Trump’s second term have reshaped the cryptocurrency and blockchain landscape through sweeping policy moves, regulatory changes, and controversial personal […]

Crypto news today: Bitcoin tops $95K, stocks rally despite analyst’s ‘blind market’ warning

Bitcoin traded above $95,400 Tuesday, showing resilience despite economic concerns. US stocks (S&P 500, Nasdaq +0.55%) also continued their recovery from early April tariff fears. Consumer confidence hit lowest since May 2020; JOLTS job openings missed estimates. Cryptocurrency markets displayed notable stability on Tuesday, seemingly unfazed by mounting pessimism regarding the economic impact of the […]

Donald Trump speech looms: can Bitcoin leverage exchange outflows, safe haven status for $100K?

Bitcoin climbed above $95,490 Monday ahead of Trump’s 100-day speech, eyeing policy clarity. Potential confirmation of a US Bitcoin strategic reserve could be a major catalyst towards $100K. Bitcoin shows resilience (YTD +5.6%) vs. US stocks (YTD -5%) amid tariff uncertainty, boosting safe-haven appeal. Bitcoin demonstrated renewed strength on Monday, climbing back above the significant […]

Crypto news today: Bitcoin bulls eye $100K breakout; SUI, AVAX charts show potential

Bitcoin gained over 10% this week, testing key resistance near $95,000 amid strong buying. US Spot Bitcoin ETFs saw massive $3.06 billion weekly inflows, signaling renewed institutional interest. Avalanche (AVAX) consolidates near $23.50 resistance; a breakout could target $31.73 (double-bottom). Bitcoin demonstrated renewed strength this week, posting gains of over 10% as determined buyers pushed […]

Crypto news today: Bitcoin holds firm above $93K, fueled by record ETF inflows and bullish forecast

Bitcoin holds steady above $93,000, showing resilience after earlier correction. US Spot Bitcoin ETFs saw massive $1.2B+ weekly inflow (“Pac-Man mode”), signaling strong institutional demand. US Federal Reserve joined OCC/FDIC in withdrawing previous restrictive crypto guidance for banks. Bitcoin continues to demonstrate significant resilience, maintaining levels above the crucial $93,000 mark after weathering a notable […]

Bitcoin nears $94K, eyes breakout as gold stalls; ETF flows surge

Bitcoin rallied to $93,600 (+12.2% weekly) despite mixed US-China trade signals. US Spot Bitcoin ETFs saw nearly $1.3 billion net inflows this week, signaling strong institutional demand. Analysts suggest Bitcoin is decoupling from risk assets, acting more like “digital gold.” The cryptocurrency market showed renewed vigor recently, with Bitcoin pushing towards $94,000, although the rally […]

Tesla’s Bitcoin holdings top $1B again, but stock drops 41% in 2025

EV sales fell 13%, production down 16%, causing 20% segment decline. Bitcoin holdings valued over $1 billion as BTC hits $93,000. Tesla holds 11,509 BTC with no transactions this quarter. Tesla has reaffirmed its strategic bet on Bitcoin despite disappointing quarterly earnings, a plunging stock price, and slowing electric vehicle sales. As of March 31, […]

Bitcoin gains 12%, mirrors gold as trade war, recession fears mount

Bitcoin gained 12% in two weeks to April 22, showing resilience amid US-China tariffs. Observers note Bitcoin decoupling from stocks, behaving more like gold (safe haven). US plans for a Strategic Bitcoin Reserve potentially bolster its asset status (Nansen CEO). Bitcoin has demonstrated notable strength in recent weeks, seemingly shrugging off the escalating trade tensions […]

Panama City joins global move to allow crypto payments in public sector

Local law allows payment for taxes, tickets, and permits. City partners with banks to convert crypto to fiat. Panama bypasses national legislation through local ordinance. Panama City is set to become one of the first Latin American capitals to formally integrate crypto payments into its municipal system, allowing residents to pay for public services in […]

Colorado receives fewer than 80 crypto tax payments in three years

PayPal converts crypto into US dollars before funds reach the state. Bitcoin’s rising value discourages users from spending it on taxes. Stablecoins may become the preferred method for future payments. Since 2022, the State of Colorado has collected over $11 billion in income tax. Yet of that, only $57,211 has come from cryptocurrency payments. That […]