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Search Results for: bitcoin

Trump’s Crypto Advisor Launches $300M Bitcoin Firm

David Bailey, CEO of BTC Inc. and a key crypto advisor to Donald Trump, is making waves in the digital asset industry with the launch of a new bitcoin investment company named Nakamoto. The venture, which has secured  $300 million in funding, is set to go public and aims to

May 8, 2025 2 mins read

LockBit Breach Exposes 60,000 Bitcoin Addresses in Major Leak

Hackers recently violated the dark web affiliate panel of  Lockbit’s ransomware infrastructure, leading to a massive leak of around 60,000 Bitcoin addresses associated with the group. After the hack, a MySQL database dump was shared publicly online.  The database dump consisted of crypto-associated information, helping blockchain analysts to trace the

May 8, 2025 2 mins read

Bitcoin Nears $100K as Trump Teases Major Trade Deal

The market analysts are expecting Bitcoin to break the $100,000 mark soon and hit a new all-time high as the US President is going to announce a new trade deal with a respected country.  On Wednesday, Trump made a Truth Social post mentioning that a vital trade deal with a

May 8, 2025 2 mins read

Metaplanet Grows Bitcoin Treasury to 5555 BTC With $53 Million Buy

Tokyo-listed investment firm Metaplanet has acquired another 555 Bitcoins for $53.4 million. The company disclosed the purchase on May 7, confirming an average price of $96,134 per coin. This latest move pushes Metaplanet’s total BTC holdings to 5,555, worth approximately $481.5 million at acquisition cost. *Metaplanet Issues 25 Million USD

May 7, 2025 2 mins read

Bitcoin Rises as US-China Trade Talks Boost Sentiment

Bitcoin surged early Wednesday in Asia as renewed optimism over US-China trade negotiations lifted investor sentiment. The cryptocurrency climbed as much as 3.2% to reach $97,500 in Singapore trading before pulling back slightly. Ether, the second-largest digital asset, also saw a gain of 4.2% amid the broader market rally. The

May 7, 2025 2 mins read

Kevin O’Leary Slams U.S. Strategic Bitcoin Reserve Proposal as Politically Impossible

Shark Tank star Kevin O’Leary has dismissed the idea of a U.S. Strategic Bitcoin Reserve. Speaking during a debate with SkyBridge founder Anthony Scaramucci, O’Leary said the proposal “will never happen.” He cited a lack of bipartisan support and questioned the motives of Bitcoin advocates like Michael Saylor. The exchange

May 6, 2025 2 mins read

Supreme Court Calls Bitcoin Trading a Modern Hawala System

The Supreme Court of India has contrasted Bitcoin trading in India to a more lustrous form of Hawala on May 5. Talking about Hawala, it is an illegal money transfer system.The Court further condemned the Centre for not having clear rules for digital currency till now.  As per the reports

May 6, 2025 2 mins read

Tether AI Teased To Boost Bitcoin and USDT Transactions

Tether CEO Paolo Ardoino has sparked major interest in the crypto world with a teaser for Tether AI, a decentralized artificial intelligence infrastructure. Designed to supercharge Bitcoin and USDT transaction volumes, this innovation could redefine how decentralized applications operate in the blockchain space. In a recent X (formerly Twitter) post,

May 5, 2025 1 min read
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