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The central bank committee members unanimously voted to keep rates unchanged and expressed concerns about the elevated levels of inflation. BTC Trends Upward After Fed’s Rate Decision The price of bitcoin (BTC) jumped 2% after the U.S. Federal Reserve decided to keep its policy rate in the 4.25% – 4.5% range on Wednesday afternoon sighting … Read more
Bitcoin exchange-traded funds (ETFs) saw their three-day inflow streak broken with $86 million in net outflows, primarily due to a sharp drawdown from Grayscale’s GBTC. Ether ETFs also took a hit, recording an $18 million exit, entirely from Fidelity’s FETH. GBTC and FETH Lead the Exit for Bitcoin and Ether ETFs The tide briefly turned … Read more
The firm is now already more than halfway toward meeting its 10,000 BTC goal by the end of December. Metaplanet Expands Bitcoin Holdings with 555 BTC Purchase Japanese bitcoin treasury firm Metaplanet has purchased 555 bitcoin ( BTC) increasing its total holdings to 5,555 BTC, according to an announcement the company made on Wednesday. The … Read more
Strive has sealed a definitive Nasdaq-listed merger with Asset Entities to launch the first public bitcoin treasury manager, advancing a bold new chapter in crypto finance. Strive Seals Merger With Asset Entities to Form First Public Bitcoin Treasury Asset Manager Strive Asset Management, a subsidiary of Strive Enterprises Inc., announced on May 7 a definitive … Read more
The global cryptocurrency market surged 2.79% over the past 24 hours, climbing to a total valuation of $3.01 trillion, driven by standout performances from altcoins and steady gains from bitcoin and ethereum. Crypto Market Hits $3.01 Trillion, Up 2.79% in 24 Hours Bitcoin (BTC), which maintains a dominant 64.4% share of the crypto market today, … Read more
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of … Read more
Strike CEO Jack Mallers announced the launch of bitcoin-backed loans, allowing eligible customers to borrow against their bitcoin holdings without the need to sell. This new feature enables users to access cash using their bitcoin as collateral, with loan amounts ranging from $75,000 to $2 million at a starting annual percentage rate (APR) of 12% … Read more
Bitcoin is trading at $97,030 with a market capitalization of $1.927 trillion, supported by a 24-hour trade volume of $28.862 billion. During this session, bitcoin saw a price range between $93,592 and $97,511, reflecting ongoing volatility within a consolidative structure near recent highs. Bitcoin Bitcoin’s multi-timeframe chart action continues to reflect bullish strength, particularly on … Read more
KULR Technology Group, Inc. (NYSE: KULR), a Houston-based energy management firm, has announced the acquisition of 42 bitcoin ( BTC) for approximately $4 million, at an average price of about $94,403 per bitcoin. The company reported a year-to-date bitcoin yield of 197.5%. As of May 6, 2025, KULR holds a total of 716.2 BTC, which … Read more
BTC and BNB could soon anchor Kyrgyzstan’s national crypto reserve as Binance’s founder joins forces with the country’s president to propel blockchain adoption and digital asset policy. CZ Pushes BTC and BNB Into Kyrgyzstan’s National Reserve Spotlight Binance founder and former CEO Changpeng Zhao (CZ) disclosed on May 5 via social media platform X that … Read more
