After months and months of hesitation and price depression, bitcoin finally reversed the trend and skyrocketed past $100,000 for the first time since February and kept climbing to a new local peak. At the same time, data from Santiment reveals that the asset’s impressive rally has captured the attention of retail investors, with nearly 350,000…
Japanese hotel firm Metaplanet (3350) said it plans to sell another $21.25 million worth of bonds to fund further bitcoin (BTC) purchases. The Tokyo-based firm agreed to issue the debt to EVO FUND on May 9, making it the third such sale in the space of a week, following two issues of $25 million each.…
Almost two months after Ripple CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission (SEC) had abandoned its appeal against the company, the two parties have agreed to a $50 million settlement, signaling the end to their multi-year legal standoff. The agreement, submitted to the court on May 8, represents a decisive resolution…
A Florida-based pharmaceutical distributor is backing XRP as a treasury and payments asset, putting the token at the center of a $50 million financing deal. Wellgistics Health (WGRX) said Thursday it had secured an equity line of credit to support XRP-based reserves and infrastructure for real-time payments. The company plans to use the blockchain to…
Eurogroup President Paschal Donohoe, also Ireland’s Finance Minister, made remarks on how the EU is planning to track crypto transfers. Speaking at the European Anti-Financial Crime Summit 2025 in Dublin, the minister said that the plan, if executed, would see increased transparency in transactions among both senders and receivers. The plan at an EU legislative…
Ethereum prices have skyrocketed almost 20% over the past 24 hours to reclaim $2,200 in a two-month high. ETH tapped $2,234 during Friday morning trading in Asia as it climbed from below $1,900 on Thursday. The asset has now gained 26% over the past fortnight and more than 50% over the past month, recovering from…
Coinbase Global on Thursday reported a mixed set of results for the first quarter, with revenue climbing but profit sharply down, as the largest US crypto exchange faced higher costs and market volatility driven by erratic macroeconomic signals and ongoing digital asset turbulence. The San Francisco-based company said revenue rose 24% year-on-year to $2b. However,…
The global cryptocurrency market has reached a staggering $3.22 trillion, driven by Bitcoin (BTC) rally to $102,758 and Ethereum’s sharp 16.84% climb to $2,213.99. Bitcoin, the largest digital asset by market cap, has surged 3.81% in the last 24 hours, pushing its valuation past $2.04 trillion. Market cap hit $3.22 trillion – Source: coinmarketcap With…
TL;DR After a prolonged time spent in a relatively tight trading range, XRP soared above a key resistance, which can take it higher to $2.6, according to a popular crypto analyst. The latest price surge came amid the market-wide surge, but also after the US SEC filed to settle the lawsuit against Ripple Labs. XRP…
Around 26,000 Bitcoin options contracts will expire on Friday, May 9, and they have a notional value of roughly $2.57 billion. This week’s event is virtually identical to last week’s expiry event, as derivatives crypto trading has remained muted. This may change now, though, as spot markets are ripping higher. Bitcoin Options Expiry This week’s…