Halfway To Clean: Bitcoin Hits 50% Renewable Mark, Ripple Chairman Reacts
Ripple’s chairman Chris Larsen praised the crypto network’s move toward greener energy this week. He spoke after Ripple handed over the “Skull of Satoshi” artwork at the 2025 Bitcoin conference. Larsen said the gift was a way to recognize progress and to build a better rapport between the two camps. Ripple Bridges A Divide According…
Traders Pile In: Bitcoin Open Interest Hits All-Time High As Price Nears $112K
Bitcoin futures open interest has climbed to fresh record highs this week. Traders have piled into contracts betting on rising prices. Open interest topped $80 billion on May 23, up roughly 30% since the start of the month. That shows more money is riding on Bitcoin’s next moves than ever before. Rising Futures Interest According…
Coinbase Confirms DOJ Investigation Following Major Security Incident
The US Department of Justice (DOJ) has initiated an investigation into a significant security breach at Coinbase, the largest US-based cryptocurrency exchange. According to sources familiar with the matter cited by Bloomberg, the DOJ’s criminal division in Washington is examining the circumstances surrounding the breach, which has raised serious concerns about cybersecurity within the crypto…
Bitcoin Panic Buying? Eric Trump Says The World Is Stockpiling BTC
Eric Trump, speaking at the Consensus 2025 conference in Toronto on May 15, painted a picture of a world scrambling for Bitcoin. He said he hears the same thing everywhere he goes—on planes, in boardrooms, even from big state funds. His comments came as he joined Hut 8 CEO Asher Genoot on a panel about where Bitcoin…
Crypto Bulls Just Got Their Macro Wake-Up Call: Here’s Why
An unprecedented surge in the Philadelphia Federal Reserve’s May Manufacturing Business Outlook Survey has jolted global risk markets and given crypto asset traders their clearest macro catalyst of the year. The Future New Orders diffusion index leapt by forty-plus points, a move that Julien Bittel, head of macro research at Global Macro Investor (GMI), called…
Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud. Celsius Mashinsky Faces Justice The proceedings took place before US District Judge John G. Koeltl in Manhattan’s Southern District, where Mashinsky faced the repercussions of what prosecutors characterized…
Coinbase Stock Rises 5% After $2.9 Billion Deal To Acquire Deribit
One of the world’s largest cryptocurrency exchanges, Coinbase, announced on Thursday that it has agreed to acquire Dubai-based crypto derivatives exchange Deribit, for $2.9 billion, marking the largest deal in the crypto sector to date. Coinbase Expands Global Reach With Deribit The acquisition, announced on Thursday, involves a substantial financial commitment, with $700 million in…
Strategy’s $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again)
Strategy, previously known as MicroStrategy, earned a $5.8 billion profit on its Bitcoin investments in the first quarter of 2025. The company now wants to pour even more money into the cryptocurrency, according to details provided by Executive Chairman Michael Saylor. Bitcoin Yield Expands As Company Increases Holdings The business intelligence firm experienced its Bitcoin…
What’s Next For Bitcoin After Crossing $87,000? Expert Discusses Possible Outcomes
This Sunday, the market’s leading cryptocurrency, Bitcoin (BTC), has once again crossed the $87,000 mark, following what analysts describe as a healthy correction that brought prices down to $74,000 earlier this month. In a recent post on social media platform X (formerly Twitter), crypto analyst Doctor Profit provided a comprehensive analysis of the current price…
Understanding Bitcoin Struggles: Why Realized Cap Indicates A Bear Market
As Bitcoin (BTC), the market’s leading cryptocurrency, continues to trend lower, recent insights from industry experts highlight critical factors influencing BTC’s trajectory. According to Ki Young Ju, CEO of market intelligence firm CryptoQuant, the current Bitcoin bull cycle may be coming to an end. This assertion is grounded in the concept of Realized Cap, a…