The recent price surge of Bitcoin has led to an increase in the value of the BTC holdings of El Salvador. The President of the nation posted a screenshot on X that showed the current worth of Bitcoin holdings being more than $644 million. The post also reveals that the
The crypto market never disappoints the community with its wild price swings and intriguing comebacks. After watering down the expectations of a crypto bull run in 2025, Bitcoin started to regain strength this month. It is now trading above the $102,000 price level, which led industry leaders to make bold
The United States has lost its final top-tier credit rating following Moody’s downgrade from Aaa to Aa1 on May 16. This is the first instance since the establishment of modern credit ratings that all major agencies no longer rate the country at the top level. High debt loads and growing
The Saudi Central Bank has recently unveiled an investment in a Strategy, an American development company. After the investment, the bank got its first indirect exposure to Bitcoin. The bank made a filing on May 16 with the US Securities and Exchange Commission in which it mentions that it now
Bitcoin (BTC) has been holding its ground above the $100,000 level for more than a week, showing signs of resilience as it continues to consolidate just below its recent highs. As of May 16, 2025, BTC is trading around $103,713, up 1.37% in the last 24 hours, with daily trading
A Chinese publicly traded company, DDC Enterprise, unveiled a new Bitcoin collection strategy after the positive financial performance of the company in the last year. According to the strategy, the company plans to purchase 100 Bitcoins as a quick purchase. Adding more to this, it aims to purchase 500 BTC
Eric Trump has entered the Bitcoin race with a mining-first approach, aiming to acquire BTC at a fraction of market price. During Consensus 2025, he disclosed that his firm, American Bitcoin, plans to mine Bitcoin at production costs between $37,000 and $38,000 per coin. This is significantly lower than the
DOJ has filed additional charges against 12 individuals involved in a wide-ranging crypto crime operation. The group is accused of stealing $263 million, including 4,100 Bitcoin, from a Genesis creditor in August 2024. These charges, announced on May 15, extend the original indictment filed against Malone Lam in September 2024.
JP Morgan analysts say Bitcoin has stronger upside potential than gold heading into the second half of 2025. In a recent note, they cited fresh corporate interest and growing state-level support as key drivers of the asset’s sustained rally. The analysts believe crypto-related catalysts may fuel further gains and extend
The executive chairman of Meliuz has announced that his fintech company has become the first publicly-traded Bitcoin Treasury company of Brazil. The company got shareholder approval, and it also purchased $28.4 million worth of Bitcoin. The chief executive officer of Meliuz, Israel Salemen, announced through X on May 15 that
