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Search Results for: bitcoin

Czech Justice Minister Quits Over $45M Bitcoin Scandal

In a shocking twist out of Prague, Czech Justice Minister Pavel Blažek just handed in his resignation after reports dropped that his ministry took a huge Bitcoin donation roughly around $45 million from a convicted drug dealer. The scandal’s exploding at the worst possible time, with national elections right around

May 31, 2025 3 mins read

Bitcoin Drops to $103K and Altcoins Tumble; CRO Defies Trend

The price of Bitcoin fell drastically to a multi-week low of $103,000 and is trading 1.59% low in the past 24 hours. Not only this, but altcoins such as SUI, LINK, DOGE, SOL, ADA, and more have also dropped.  Contrasting this, the price of Cronos (CRO) surged by double digits

May 31, 2025 2 mins read

Brad Lander Slams Mayor Adams’ Risky Bitcoin Bond Plan

Brad Lander, the New York City Comptroller, attacked the recent proposal of Eric Adams to issue municipal bonds supported by Bitcoin, alerting that doing so will come with a financial risk and take away investor confidence.  On May 29, Lander issued a statement in which he mentioned that he would

May 31, 2025 2 mins read

Nigel Farage Makes Trump-Style Promises on Crypto at Bitcoin 2025

The crypto industry’s growth in the last few years is not only commendable but also galvanizing. What was seen as a mere tech experiment now has the ability to form governments and impact the global economy.  After playing an important role in making Donald Trump the US President, after he

May 31, 2025 2 mins read

Cardano Analyst Predicts $10 Rally as Bitcoin DeFi Goes Live on Network

Cardano could be positioned for a rally to double-digit prices according to analyst predictions, despite ADA’s recent 7.2% weekly decline and continued sideways trading. The optimism comes as Bitcoin DeFi has officially launched on Cardano, with Lace Wallet introducing a protocol that enables Bitcoin users to access decentralized finance functions

May 30, 2025 2 mins read

Bitcoin Spot ETFs Break 10-Day Inflow Streak with $358M Outflows

The spot Bitcoin ETF market’s fund inflow and outflow reports became the talk of the town today. This is because the spot BTC ETFs recorded $358.6 million net outflows yesterday. Even though this is not the first time spot Bitcoin ETFs recorded net outflows, this time hit different.  The major

May 30, 2025 2 mins read

Panama Mayor Proposes Bitcoin Payments for Faster Canal Transit

Panama City Mayor Mayer Mizrachi suggested an idea at the Bitcoin 2025 conference in Las Vegas on May 29. He proposed that ships passing through the Panama Canal could pay in Bitcoin for faster transit. Speaking alongside El Salvador Bitcoin advocates Max Keiser and Stacy Herbert, Mizrachi explained that offering

May 30, 2025 2 mins read

Paris Saint-Germain Becomes First Major Sports Club to Hold Bitcoin

Paris Saint-Germain (PSG) has become the first sports club to officially include BTC as a treasury asset in its balance sheet. The announcement came at the Bitcoin 2025 conference in Las Vegas, confirming the club’s move to allocate part of its fiat reserves into Bitcoin. Bitcoin Adoption as a Treasury

May 30, 2025 2 mins read

Hyperliquid Whale James Wynn Losses $99M After Bitcoin Plunges to $105K

Hyperliquid whale James Wynn has lost nearly $100M on what seems to be an irresponsible, high-leverage Bitcoin trading position. Even though Bitcoin is witnessing a 2% trading range, James Wynn lost his best through three unsuccessful high-leverage positions.  The popular on-chain transaction tracking platform, Lookonchain, reported the staggering loss today.

May 30, 2025 3 mins read

Will Bitcoin (BTC) Bounce Back to All-Time Highs or Slip into a Pullback?

The crypto assets are in an uncertain state with their unclear price movement, with the market cap slipping over 2.91%, settled at $3.32 trillion. Bitcoin, the largest asset, after multiple recovery attempts, has reached the $105K mark. Notably, BTC has stepped into the greed zone as the Fear and Greed

May 30, 2025 2 mins read
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