Business

Key Takeaways American Bitcoin is merging with Gryphon Digital Mining in a bid to unlock market access. Hut 8 will maintain a majority stake and remain the exclusive infrastructure partner for American Bitcoin. Share this article American Bitcoin, a newly established Bitcoin mining entity backed by Bitcoin miner Hut 8 and Trump-led American Data Centers, […]

In brief BitGo has become one of the first U.S. firms to receive approval under the EU’s unified crypto rules. The license enables institutional crypto custody services throughout Europe without country-specific approvals. The move comes as Europe irons out the implementation of its comprehensive digital asset framework. BitGo has secured regulatory approval from Germany’s Federal

In brief Beat Holdings raised its Bitcoin investment cap from $6.8 million to $34 million, citing macroeconomic tailwinds. The company holds over 131,000 units of BlackRock’s iShares Bitcoin Trust, with gains exceeding $681,000. The move mirrors Metaplanet’s aggressive Bitcoin strategy, as Japanese firms deepen exposure to digital assets. Publicly-listed Beat Holdings Ltd. said Thursday it

Key Takeaways Coinbase launched 24/7 Bitcoin and Ethereum futures trading, becoming the first CFTC-regulated exchange to provide this service. The expansion includes partnerships with Nodal Clear and Virtu Financial to support continuous leveraged futures trading. Share this article Coinbase Derivatives has officially activated 24/7 trading for Bitcoin and Ethereum futures, becoming the first CFTC-regulated derivatives

In brief Steak ‘n Shake will accept Bitcoin nationwide starting May 16. The rollout gives over 100 million customers a crypto payment option. Few chains have gone beyond pilots, marking the development as a rare full-scale adoption. Bitcoin is coming to the drive-thru.  American fast food chain Steak ‘n Shake said Thursday it will begin

In brief MARA reported a substantial $533 million net loss largely due to Bitcoin valuation adjustments. Revenue grew 30% year-over-year to $214 million but still missed expectations. Its mining output fell 19% despite doubling its hashrate after the 2024 Bitcoin halving, which slashed block rewards. On Thursday, Bitcoin miner MARA Holdings reported a staggering $533

Key Takeaways Coinbase agreed to acquire Deribit for $2.9 billion, marking a major move into the crypto derivatives market. The acquisition includes Deribit’s license in Dubai and follows increased industry consolidation. Share this article Coinbase has struck a $2.9 billion deal to take over Deribit, the leading trading platform for Bitcoin and Ether options, the

In brief Stripe says it will introduce stablecoin financial accounts in 101 countries. It has also launched an AI model trained on billions of transactions to improve performance. The company processed $1.4 trillion in payments last year, up 38% over 2023. Stripe is making a renewed push into crypto and artificial intelligence, unveiling a slate

In brief Strive Asset Management is adopting Bitcoin as a treasury reserve asset. The announcement caused Asset Entities’ stock price to soar 450%. Strive Asset Management has encouraged firms like GameStop to buy Bitcoin. Strive Asset Management, a financial services firm co-founded by Republican Ohio gubernatorial candidate Vivek Ramaswamy, unveiled plans on Wednesday to become

Key Takeaways Asset Entities and Strive Asset Management are merging to establish a public Bitcoin treasury company. The new entity will allow Bitcoin holders to exchange assets for public stock tax-free. Share this article Asset Entities, a technology firm specializing in social media marketing and content delivery across platforms, announced today it has entered into