BlockPress

BlockPress

Bitcoin, US crypto stocks rise as more firms plan BTC buys

The recent surge in Bitcoin’s price has positively impacted the performance of US companies with significant cryptocurrency holdings. This upward trend reflects a continued interest from publicly traded firms in accumulating Bitcoin as a strategic asset. Monday’s market activity underscores…

Amazon doubles down on AI with $20B Pennsylvania investment

Amazon’s significant investment in North Carolina underscores the company’s commitment to expanding its data center infrastructure within the United States. The allocation of $10 billion specifically for this expansion in North Carolina represents a substantial financial commitment, highlighting the strategic…

Staked Ethereum hits all-time high as ETH tops $2.7K

Ethereum’s staking activity has reached a new milestone, with nearly 30% of its circulating supply now locked up in the network’s staking mechanism. This represents a significant increase in participation and signifies growing confidence in the Ethereum ecosystem. The surge…

UK appoints specialist to recover crypto from bankruptcy cases

The United Kingdom’s Insolvency Service has significantly bolstered its capabilities in recovering crypto assets by appointing Andrew Small, a seasoned former police investigator specializing in financial crime, as its first-ever crypto intelligence specialist. This strategic move underscores the growing importance…

SEC eyes exemption framework to boost crypto innovation

SEC Chairman Paul Atkins’ Criticism of Gensler’s Crypto Approach SEC Chairman Paul Atkins has publicly criticized his predecessor, Gary Gensler, and the previous administration’s approach to regulating cryptocurrencies. This critique highlights a significant shift in the SEC’s regulatory stance on…

Turnkey raises $30M for crypto open infrastructure layer

The digital asset infrastructure sector is experiencing a surge in investment, attracting significant funding rounds. This heightened interest reflects the growing importance of robust infrastructure to support the burgeoning digital asset market. Several companies have secured substantial funding, with some…