Block, Inc., Jack Dorsey’s financial services company, is integrating Bitcoin payments into its Square payment processing system. The rollout, announced at the Bitcoin 2025 conference, will begin later in 2025 and conclude by 2026, pending regulatory approvals. Merchants will utilize…
The NFT lending market, once booming with $1 billion in volume in January 2024, has experienced a dramatic 97% decline, reaching a mere $50 million by May 2025. This downturn, according to DappRadar analyst Sara Gherghelas, is due to a…
Nasdaq has filed to list a spot Sui exchange-traded fund (ETF) proposed by 21Shares, initiating the Securities and Exchange Commission’s (SEC) review process. This follows 21Shares’ previous submission of an S-1 registration statement. Both filings are crucial for the Sui…
The New York City Police Department (NYPD) arrested William Duplessie, 33, on May 27th, in connection with the kidnapping and torture of Italian crypto investor Michael Valentino Teofrasto Carturan. Duplessie’s surrender followed several days of negotiations with the NYPD. He…
SharpLink Gaming’s $425 Million ETH Treasury: A Bullish Signal for Ethereum? SharpLink Gaming (SBET), a Nasdaq-listed company, has established the first Nasdaq-listed Ethereum (ETH) treasury, investing $425 million to acquire approximately 120,000 ETH. This strategic move, spearheaded by Ethereum co-founder…
Adam Back, Blockstream CEO and Bitcoin pioneer, likens selling Bitcoin to gambling in a rigged casino, emphasizing the unfavorable odds for market-timing traders. His perspective stems from Bitcoin’s early days, characterized by exponential growth alongside extreme volatility. He argues that…
Senator Cynthia Lummis announced at the Bitcoin 2025 conference that President Trump supports the BITCOIN Act, a landmark bill aiming to add 1 million Bitcoin to US government reserves over five years. Funding would come from existing resources within the…
VanEck’s head of digital assets, Matthew Sigel, advocates for legislative action over executive orders to establish a permanent US strategic Bitcoin reserve. Speaking at Bitcoin 2025, he proposed incorporating Bitcoin mining incentives into the congressional budget reconciliation process. This approach,…
Cantor Fitzgerald, a prominent Wall Street firm, has finalized its first Bitcoin lending deal, marking a significant step in its crypto lending services launched in July 2024. The firm, which initially committed $2 billion to the venture, provided Bitcoin-backed loans…
Bitcoin’s price hovers around $110,000, defying recessionary concerns fueled by rising US import tariffs and a potential global economic downturn. Institutional investor demand and corporate adoption are driving Bitcoin higher, despite a persistent correlation with the S&P 500 (currently above…
