Ross Ulbricht, founder of the defunct Silk Road marketplace, has received a 300 BTC donation, valued at approximately $31.4 million, according to Lookonchain. The transaction, verified by Arkham Intelligence, occurred around 2:00 AM UTC on June 1, 2025. This sudden influx of Bitcoin has triggered intense speculation across the crypto
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
Mega Matrix Inc., an NYSE-listed company, has taken bold steps to embrace digital assets, passing what is said to be a historic treasury shift. According to PANews, the board of directors has equated Bitcoin (BTC) and Ethereum (ETH) as reserve assets of the company. The initiative is designed to boost
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
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
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
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
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.
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
Ross Ulbricht walked onto the Bitcoin 2025 stage to a roaring ovation—his first public appearance since stepping out of a federal prison cell. Once the most vilified name in crypto, Ulbricht now returns as a redeemed voice for freedom, decentralization, and reform. His comeback isn’t just personal—it’s symbolic, and it’s
