The father of an unnamed crypto entrepreneur was held captive at a property for several days until a May 3 police raid liberated him. French police have reportedly made more arrests in the abduction of a crypto entrepreneur’s father whose finger was severed as part of the ransom demands.  The state-owned media outlet France 24...Continue Reading

H100 Group’s shares surged after the Swedish health firm announced it had raised $10.6 million to stack more Bitcoin. Swedish health tech firm H100 Group AB rose 45% on Wednesday after announcing it raised 101 million Swedish krona ($10.6 million) to accelerate the firm’s Bitcoin treasury strategy. H100 closed at 4.64 krona ($0.49) on the...Continue Reading

Centralized treasuries, including governments, ETFs and public companies, now control approximately $668 billion of Bitcoin’s circulating supply. Almost a third of the Bitcoin supply is held and controlled by centralized treasuries, and early adopters hold a disproportionate share, according to recent research by Gemini and Glassnode.  Centralized treasuries, including governments, exchange-traded funds, and public companies,...Continue Reading

USDC issuer Circle has put its stablecoin live on World Chain and has partnered with Matera to allow Brazilian banks to offer multicurrency payments. Shares in Circle Internet Group closed with a 10.7% gain on Wednesday after the stablecoin issuer partnered with Brazilian fintech Matera to support multicurrency bank payments, while its flagship stablecoin USDC...Continue Reading

Bitcoin selling will “peter off” once Bitcoin’s price moves above $130,000, says a crypto executive. Bitcoin sell pressure will have evaporated once it crosses the $130,000 mark, according to Bitwise CEO Hunter Horsley.  “I think once Bitcoin breaks through, e.g., $130-150k, no one is going to sell their Bitcoin,” Bitwise CEO Hunter Horsley said in...Continue Reading

Bitcoin enters a unique market phase as rising long-term holder dominance and compressed volatility could potentially trigger a fresh round of price discovery. Key takeaways: A unique divergence emerged as long-term Bitcoin holders took profits, while the overall supply held by this cohort continues to rise. Bitcoin’s volatility has dropped to the 10th percentile, its...Continue Reading

Bitcoin sentiment on social media has reached its highest point in seven months as Bitcoin has been flirting again with its all-time high. Bitcoin’s several breakouts past $110,000 this week have pushed bullish market sentiment to a seven-month high, which was last seen during US President Donald Trump’s election win. As of June 11, there...Continue Reading

Disney said it filed the complaint after its request to Midjourney to adopt anti-copyright infringement measures was ignored. Disney and Universal have sued artificial intelligence firm Midjourney for copyright infringement over its AI-powered image generator. In a legal complaint filed in Los Angeles on Wednesday, the entertainment giants accused Midjourney of using works related to...Continue Reading

The Trump administration, supported by major US crypto firms, has largely dismantled the Consumer Financial Protection Bureau, leaving consumers vulnerable. The recent departure of a high-ranking US consumer protection regulator comes amid concerns that market participants, including crypto holders, are being left to fend for themselves. On June 10, Cara Petersen, acting enforcement director of...Continue Reading

GameStop’s latest convertible senior note proposal pushed the stock price down further just days after Q1 revenue missed expectations. GameStop (GME) shares fell 11.7% in after-hours trading after announcing a $1.75 billion private convertible senior note offering — extending its debt financing strategy that could fund additional Bitcoin purchases. GME had already slid 5.34% to...Continue Reading