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Bitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves on cryptocurrency exchanges have plummeted to 2.6 million BTC, the lowest level since November 2018, … Read more
CME Group is set to introduce XRP futures on May 19, pending regulatory approval. The move expands its crypto derivatives offerings, giving traders access to both micro and standard-sized contracts tied to the XRP-Dollar reference rate. XRP Futures to Expand CME Group’s Crypto Derivatives Lineup CME Group has announced the upcoming launch of XRP futures … Read more
Bitcoin’s rally and a reported $200 million credit facility propelled Bitdeer Technologies (BTDR) to the No. 2 spot for top-performing stocks after an April 22 surge. Despite this, Callisto Research questions Bitdeer’s financial transparency and its opaque relationships with Chinese entities on a U.S. Commerce Department list. Callisto Research Argues Case for Shorting BTDR Following … Read more
John D’Agostino, Head of Strategy at Coinbase Institutional, revealed that sovereign wealth funds and institutional investors have become key drivers of bitcoin accumulation in April, contrasting with retail investors’ retreat from exchange-traded funds (ETFs). Institutional Demand and Sovereign Funds, Not Retail, Behind Bitcoin’s April Rally, D’Agostino Tells CNBC Sovereign wealth funds — state-owned investment pools … Read more
The hacker who made off with $5 million in unclaimed ZK tokens complied with the safe harbor deadline and returned the funds, according to the Zksync Association. Hacker Cooperates to Collect Bounty The Zksync Association said the hacker who compromised an admin account and stole $5 million in unclaimed ZK tokens has “cooperated and returned … Read more
The University of the Hespérides in Spain has launched a ten-month, fully online Master’s in Bitcoin program starting April 28, 2025, aimed at professionals seeking specialized education in the cryptocurrency’s technical, economic, and legal aspects. University in Spain Rolls Out 10-Month Bitcoin Program With Workshops The program, taught entirely in Spanish and awarding 60 ECTS … Read more
Paypal is launching a new rewards program for its stablecoin PYUSD, offering U.S. users a 3.7% annual return to boost adoption in the competitive stablecoin market. Incentivizing Use of PYUSD Paypal Holdings is launching a new rewards program for its stablecoin PYUSD to boost adoption of the digital token within a fiercely competitive market. The … Read more
The firm will launch with more than 42,000 BTC on its balance sheet, worth nearly $4 billion at current prices, and will seek to “maximize bitcoin ownership per share.” Tether and Softbank Invest in New Bitcoin Treasury Firm Led by Strike’s Jack Mallers Strike founder and CEO Jack Mallers will be at the helm of … Read more
President Donald Trump will gather the top 220 holders of his TRUMP meme coin for an exclusive gala at his private Washington, D.C., golf club on May 22. May 22 Gala Brings President Together With TRUMP Top Holders The invitation, posted on gettrumpmemes.com, extends black-tie optional attire for attendees at Trump National Golf Club in … Read more
As bitcoin climbed to levels unseen since March, Nigerian-British polymath Zuby—renowned as a rapper, podcaster, author, and public speaker—told his 1.2 million followers on X to “save in bitcoin,” eschewing reliance on saving in fiat currency. Zuby Discloses a Literal ‘Cheat Code for the Emotionally Stable’ Although equity markets found renewed footing amid U.S. President … Read more
