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
Stablecoin giant Tether has once again made headlines with a bold move to support Bitcoin adoption. On May 9, Tether purchased 4,812.2 Bitcoin worth approximately $458.7 million for Bitcoin investment firm Twenty One Capital, a strategic move ahead of the company’s planned SPAC merger with Cantor Equity Partners. The Bitcoins
GD Culture Group, a Nasdaq-listed company best known for its work in AI and livestream e-commerce, has stunned markets by announcing plans to pour up to $300 million into Bitcoin and the TRUMP memecoin. The money will come through a stock sale deal with an unnamed investor based in the
Strategy, formerly MicroStrategy, has acquired another 13,390 BTC for approximately $1.34 billion between May 5 and May 11. The company paid an average of $99,856 per bitcoin, according to a U.S. SEC filing on Monday. With this purchase, Strategy’s total Bitcoin holdings now stand at 568,840 BTC. These holdings are
The crypto market has noted a significant recovery this month, having Bitcoin hitting the $100,000 mark once again and Ethereum rising over 40% week-over-week. This week, around 30 projects are all set to unlock a total of $774 million worth of tokens. The move will result in the test of
Bitcoin had reportedly surpassed stocks and showed an uptrend at the time of the sell-off on stock markets last month, after the US President, Donald Trump, announced tariffs on Liberation Day. From a fall of $75,000 reported on April 7, the largest cryptocurrency rebounded to $95,000, a 27% surge by
A major Bitcoin whale has accumulated 1,721 BTC in just 48 hours, totaling approximately $179 million. This activity includes a recent acquisition of 821 BTC worth $85.42 million. The aggressive buying comes at a time when Bitcoin continues to trade above critical support levels. Fresh Accumulation Activity Surfaces According to
