President Donald Trump’s $TRUMP memecoin has surged in value after promotion offering exclusive presidential access to top tokenholders. A Bloomberg investigation found that more than half the top investors used exchanges that prohibit US users, raising concerns about foreign influence on the US government. Lawmakers are calling for investigations, questioning the ethics and legality of […]

At $97.9K, Bitcoin has just reached its highest level in over two months

Coinbase Global has agreed to buy Deribit, a major cryptocurrency derivatives exchange. The deal is valued at approximately $2.9 billion. Coinbase announced the acquisition on May 8, as Cointelegraph reported. Coinbase Announces Deribit Acquisition, Pending Approval Greg Tusar, Vice President of Institutional Product at Coinbase, said the move is part of the exchange’s international growth […]

ABC News' Jay O'Brien reports on the GENIUS Act, a bill that would create a regulatory framework for a type of cryptocurrency known as …

After a period of muted price action and consolidation, Ripple has found support at the 100-day moving average, triggering a modest bullish rebound. However, the price remains confined between the 100 and 200-day MAs, making a decisive breakout essential for initiating a strong rally. XRP Analysis By Shayan The Daily Chart XRP has recently found […]

Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year. According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that this was a result of large-scale investments. […]

April was a crucial month for the major asset classes, and turbulent early-month trading saw Bitcoin emerge as the clear outperformer. Data from the past 30 days show that not only did Bitcoin bounce back strongly after a sharp drop in the first week of April, but by month’s end it had also dramatically outpaced […]

Coinbase Global has agreed to acquire Deribit, the world’s largest bitcoin and ether options platform, for approximately $2.9 billion in cash and stock. $2.9 Billion Deal: Coinbase Buys Top Bitcoin Options Platform The deal, if finalized, will mark one of the largest acquisitions in cryptocurrency history, significantly expanding Coinbase’s derivatives offerings. Deribit dominates bitcoin options […]

Key Takeaways: Reaching a high of $99,222.22, Bitcoin has crossed the $99,000 barrier for the first time since March. Gaining 2.70% in the last 24 hours, the rise follows almost three months of consolidation. Increased trading activity is driving optimism; hence market attention now shifts to the psychological $100,000 milestone. Rising beyond the $99,000 threshold, […]

Data from Bank of America (BofA) reportedly shows that investors appear to be fleeing US markets in the wake of tariff-induced volatility. The financial giant notes in a new analysis that US equities witnessed an $8.9 billion outflow in the week leading up to April 30th, CNBC reports. European equities, by contrast, witnessed a $3.4 […]

Bitcoin Magazine Strive Reveals New Bitcoin Treasury Blueprint at Strategy World 2025 A new kind of Bitcoin Treasury Company has emerged—one designed not only to accumulate Bitcoin, but to outperform it. This week during Bitcoin For Corporations at Strategy World 2025, Strive Asset Management announced it is combining with NASDAQ-listed Asset Entities (ASST) to become […]

The XRP price is once again showing bullishness, even after the altcoin has been plagued by dips. This time around, the cryptocurrency is forming a rather interesting pattern that suggests a continuation of the bullish rally that began back in April. While this pattern is yet to be complete, a total formation would be extremely […]

80% of Asian cryptocurrency users enabled 2FA for trading, while separate trading password is set by one user out of three, new Binance report says

The US Office of the Comptroller of the Currency (OCC), which regulates national banks, has clarified that institutions under its oversight can now buy and sell crypto assets on behalf of their customers. This update was confirmed in an interpretive letter published yesterday (Wednesday). In addition, the OCC stated that national banks may outsource crypto-asset […]

How Digital Coins Are REVOLUTIONIZING Online Casinos! Crypto in Asia is the Future. Not too long ago, cryptocurrency …

Doodles’ non-fungible token (NFTs) sales surged by 97% in the last 24 hours as digital collectible traders anticipate the project’s token generation event and airdrop.  On May 8, data from CryptoSlam showed Doodles NFT sales topping $1.1 million, nearly doubling the previous day’s total. The spike placed Doodles in the third spot for daily NFT […]

TL;DR Investor Optimism: Trump’s hint at a major trade deal, intended to ease tariffs and curb inflation, has sparked strong optimism among investors, pushing Bitcoin nearer to the $100K threshold. Favorable Economic Conditions: A weaker U.S. dollar, declining bond yields, and increased institutional inflows into Bitcoin ETFs are creating a supportive environment for risk assets. […]

Bitcoin has risen to US$98,680, approaching the US$100k mark amid the Federal Reserve’s decision to hold interest rates steady. Fed Chair Jerome Powell warned that Trump’s tariffs would increase prices for US consumers, weaken economic growth, and potentially lead to higher unemployment. The Federal Reserve last cut rates in December 2024, with Powell indicating tariffs […]

The US dollar could suffer a major sell-off by Asian investors and exporters triggered by trade tensions, according to a pair of macroeconomic and currency strategists. Eurizon SLJ Capital’s analysts Stephen Jen and Joana Freireat say in a new investment note that Asian investors have accumulated a massive pile of USD that could be ditched […]

Billionaire Bill Ackman’s hedge fund, Pershing Square, has spent nearly $1 billion to accumulate shares of one real estate development firm. Perishing Square has poured $900 million into buying 9 million shares of Howard Hughes Holdings (HHH). Ackman’s fund paid a premium of 48% compared to HHH’s closing stock price last Friday and now controls […]

Bitcoin’s positive price performance, perhaps due to the aforementioned trade talks, continues in full force as the asset tapped a multi-month high of just under $100,000. The altcoins have posted notable gains as well, with ETH surging past $1,900 for the first time in over a month. BTC Aims at $100K It almost felt like […]

Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid, joining […]

Key Takeaways: Binance wallet activity linked to Pi Network has reignited listing rumors. Pi Network teases a major ecosystem announcement on May 14, adding fuel to speculation. Despite the buzz, Pi Coin remains stuck near $0.60 with weak market indicators. After spotting transaction activity from Binance’s Stellar deposit wallet — commonly associated with Pi — […]

Bitwise, a premier firm in the world of digital asset management, has formally submitted an S-1 registration to the U.S. Securities and Exchange Commission (SEC) in pursuit of an opportunity to launch a spot exchange-traded fund (ETF) that would offer direct exposure to $NEAR, the native token of the NEAR Protocol. This event represents a […]

Bitcoin Magazine Strategy CEO Phong Le Reveals How MSTR Is Rewriting Corporate Finance In New Bitcoin Presentation Phong Le, CEO of Strategy, has unveiled a new financial model that reframes traditional corporate finance through the lens of Bitcoin. Titled “A New Financial Standard: KPIs for Bitcoin,” the framework introduces a Bitcoin Standard that redefines how […]

As price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance. However, some analysts suggest that bulls need to take action or a 15% drop could be in the horizon. Ethereum Eyes Breakout To $2,100 After successfully holding the $1,750 level as support, Ethereum […]

Bitcoin is steadily approaching six-digit territory

Phoenix Group, the first UAE-listed Bitcoin (BTC) mining company (ADX: PHX), reported a loss of $153.6 million for the first quarter of 2025, a stark reversal from the $66.2 million profit recorded in the same period last year, as the company faced significant unrealized losses on its digital asset holdings. Phoenix Group Plunges into $153M […]

– May 8, 2025) – Colle AI (COLLE), the AI-powered multichain NFT platform, has expanded its XRP cryptocurrency infrastructure to improve cross-chain …

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel.  The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could help blockchain analysts trace the group’s illicit financial flows. Ransomware is a type of malware used by malicious actors. […]

Is the rise in crypto mining activity reshaping the market or quietly destabilizing it? As of May 2025, the crypto world is buzzing—not just over rising token prices but also a growing controversy in the United States. With Donald Trump back in office, mining facilities have rapidly expanded across states like Texas, supported by lenient […]

Panama City, Panama, May 8th, 2025, Chainwire Flipster, one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON, one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries. As part of the collaboration, TALON’s […]