Adoption
Litecoin’s native token, LTC, has posted notable gains amid speculation that the US Securities and Exchange Commission (SEC) may approve a spot Litecoin exchange-traded fund (ETF) proposed by Canary Capital. According to CryptoSlate’s data, the digital asset rose over 4% to reach $89, the highest level seen since March, while most other cryptocurrencies remained flat […]
Litecoin climbs on hopes of ETF green light from SEC Read More »
A Dubai-based family office of a Qatari royal is spearheading the initiative of building a $8.8 billion crypto and blockchain hub in Malé, Maldives. The planned investment would exceed the Maldives’ annual GDP of around $7 billion, the Financial Times reported. The deal, which was signed on May 4, comes from MBS Global Investments, that
Dubai-Based Firm to Invest $8.8B to Develop Blockchain Financial Hub in Maldives Read More »
Roswell, New Mexico, made history once again this week by becoming the first city in the world to document the acceptance of a bitcoin donation. A physical receipt signifying the city’s acceptance of the gift was ceremonially signed Tuesday by Roswell Mayor Pro Tem Juliana Halvorson. Halvorson signed the receipt for the bitcoin donation at
Roswell NM Launches World’s First Municipal Bitcoin Strategic Reserve Read More »
Arizona Governor Katie Hobbs has sparked criticism from Bitcoin advocates and some government officials after vetoing legislation that would have allowed the state to hold Bitcoin in its official reserves. The bill, known as the Arizona Strategic Bitcoin Reserve Act, aimed to authorize the state to invest seized funds into Bitcoin and establish a reserve
Arizona Governor Vetoes Bitcoin Bill, Faces Backlash From Community Read More »
MicroStrategy, the giant corporate bitcoin holder that is now called “Strategy”, is expanding its already huge bitcoin purchasing plan. It announced plans to raise $84 billion over the next 2 years — all to buy even more bitcoin. The new plan is called the “42/42 Capital Plan” and will raise $42 billion from stock sales
42/42 Plan: Strategy Doubles its Bitcoin Acquisition Program Read More »
The following is a guest post and opinion from Hart Lambur, Co-Founder of RIsk Labs (UMA and Across). Solana’s recent growth didn’t come at Ethereum’s expense. It expanded the total crypto user base. Instead of pulling users away from Ethereum, Solana served as a gateway for new entrants into web3. With fast transactions and low fees,
Solana’s moment is good for Ethereum and Web3 Read More »
Venture capital investment in the crypto industry soared to $4.9 billion in the first quarter of 2025, marking the sector’s most active fundraising period since late 2022, according to a May 1 report from Galaxy. The surge represents a 40% increase from the previous quarter, with 446 deals closed — a 7% uptick in deal
Crypto Venture Funding Surges to $4.9B in Q1 2025, Highest Since 2022 Read More »
El Salvador seems to be buying bitcoin (BTC) even after signing a deal with the International Monetary Fund (IMF) that seemed to require it to scale back. Despite a $1.4 billion loan agreement signed in late 2024 with the IMF which included terms to limit El Salvador’s involvement with Bitcoin, the government has not stopped
El Salvador Continues Buying Bitcoin Despite IMF Deal Read More »
Crypto venture funding reached $4.9 billion in the first quarter of 2025, marking a strong comeback for the industry, according to a May 1 report by Galaxy. The total capital raised was 40% higher than the previous quarter and came from 446 deals, which also reflected a 7% growth during the period. This makes the
Crypto funding hits $4.9B in Q1 2025 with US firms leading the charge Read More »
Brown University has made its first reported foray into Bitcoin (BTC), investing $4.9 million in BlackRock’s iShares Bitcoin Trust (IBIT), according to a recent 13F filing submitted to the US Securities and Exchange Commission. The Ivy League institution acquired 105,000 shares of the ETF during the first quarter, making the position approximately 2.3% of its
