Polkadot’s community is split over a proposal to convert 500,000 DOT tokens into tBTC using a year-long DCA strategy amid market volatility. A Polkadot governance proposal to convert 500,000 DOT tokens to Threshold Bitcoin (tBTC) for diversification and long-term stability has received mixed reactions from community members. While some see Bitcoin (BTC) as a hedge...Continue Reading

Under Pompliano’s leadership, ProCapBTC would reportedly seek to raise $750 million in equity and convertible debt as part of a merger with Columbus Circle Capital 1. Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million. Pompliano is expected to become CEO of ProCapBTC,...Continue Reading

GameStop boosted its convertible note offering to $2.25 billion, fueling its Bitcoin treasury strategy and raising speculation about future crypto investments. Video game and consumer electronics retailer GameStop increased its planned private convertible note offering to $2.25 billion, signaling a deeper commitment to building out its corporate Bitcoin treasury. GameStop upsized its private convertible note...Continue Reading

Bitcoin Bollinger Bands analysis leads to potentially grim conclusions about the fate of the BTC price rebound, which began at sub-$75,000 lows in April. Key points: BTC price action has rejected from the upper Bollinger Band several times since April. The metric’s creator now sees the potential for the local uptrend to end altogether. Read...Continue Reading

Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments. Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase. Shopify plans to fully roll out USDC (USDC) payments on Coinbase’s Ethereum...Continue Reading

KuCoin enters the Thai market with a fully licensed exchange after acquiring ERX, Thailand’s first SEC-supervised digital token platform. Cryptocurrency exchange KuCoin has launched a fully regulated local subsidiary in Thailand after acquiring an operational license from the country’s Securities and Exchange Commission (SEC). KuCoin Thailand is the company’s first fully regulated local digital asset...Continue Reading

BTC price strength returns as US inflation cools beyond expectations, hitting dollar strength again — and new BTC price all-time highs are on the table. Key points: Bitcoin hits its anticipated $107,000 low before heading higher as US inflation data boosts bulls. US dollar strength suffers as inflation continues to slow beyond expectations. Read moreContinue Reading

Jan3 founder Samson Mow tells GameStop CEO, “This is where you buy” as Bitcoin’s price tumbled after Israel launched a series of airstrikes on Iran. Bitcoin has tumbled closer to the psychologically important $100,000 price level, dashing traders’ hopes of a new all-time high after Israel launched a series of airstrikes on Iran. Explosions reportedly...Continue Reading

The CFTC said that My Big Coin investors might not get their money back as the alleged operators “may not have sufficient funds or assets.” The alleged operators of My Big Coin have been ordered to pay around $25.8 million in fines to the Commodity Futures Trading Commission for their roles in the crypto scheme....Continue Reading

Despite repeated attempts to stamp out the crypto-crime-linked Huione, Chainalysis says there’s been no meaningful decline in transactions. Major darknet marketplace Huione is reportedly still operating and growing, despite the shutdown of its website and Telegram channels.  Haowang Guarantee, formerly Huione Guarantee, said on May 13 that it was shutting down after the Telegram messaging...Continue Reading