“This week is absolutely critical,” said analyst Willy Woo, who cautioned that more consolidation could be ahead for Bitcoin. Bitcoin markets could be in for another prolonged period of consolidation if there isn’t more buying pressure this week, says analyst Willy Woo. The strength of Bitcoin’s (BTC) run from $75,000 on April 7 to its...Continue Reading
The Japanese firm has raised $135.2 million in 2025 to fund Bitcoin purchases, aiming to hit 10,000 BTC by the end of the year. Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its...Continue Reading
Elon Musk says he’s quitting his cost-cutting side hustle DOGE, admitting he spent “too much time on politics” and it was harder than he anticipated. Elon Musk confirmed that he’s quitting as the White House’s government cost-cutting czar after admitting it was an “uphill battle” trying to slash federal jobs and programs. Musk’s status as...Continue Reading
Eric Adams wants to repeal New York’s BitLicense, which the state launched in 2015 and has been criticised by the crypto industry for being too costly. New York City Mayor Eric Adams says he will ensure a Bitcoin bond is launched in the city and renewed his call to axe New York’s BitLicense program. Speaking...Continue Reading
The DeFi Education Fund and Uniswap argue that the SEC should treat decentralized autonomous organizations as individuals, not as companies. Crypto lobby group the DeFi Education Fund and the Uniswap Foundation have said the Securities and Exchange Commission should be hands-off on regulating decentralized autonomous organizations (DAOs). The May 27 letter to SEC Crypto Task...Continue Reading
Crypto mining stocks fell on May 28 amid uncertainty stemming from the Federal Reserve’s minutes, while the broader crypto market remained relatively resilient. US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook. The crypto market remained...Continue Reading
Former CFTC chair Rostin Behnam said the crypto market will remain unregulated unless the agency he led under President Joe Biden is given greater authority. Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority. In a May 28 Bloomberg...Continue Reading
K33 CEO Bull Jenssen said his firm hopes to use its Bitcoin holdings as a foundation to offer new services, such as BTC-backed lending. Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency....Continue Reading
A unique Bitcoin price model forecasts a $220,000 to $330,000 peak before the end of 2025. Key takeaways: Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000. Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time....Continue Reading
Nvidia shares have jumped nearly 5% after-hours after the chipmaker’s Q1 results beat estimates on revenue but fell short on earnings. Chip-making giant Nvidia has posted mixed results in its first quarter earnings, beating Wall Street expectations on revenue but missing predictions on its income amid US restrictions on its exports to China. In earnings...Continue Reading
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