61 Public Companies Now Hold Over 3% of All Bitcoin
A growing trend among public companies to hold Bitcoin in their treasuries has led to 61 firms collectively owning 673,897 BTC — about 3.2% of the total supply — according to a June 3 report from Standard Chartered. Geoff Kendrick, the bank’s global head of digital asset research, highlighted that out of 124 public firms […]
Why Bitcoin Mining Is a Smarter Investment Than Just Buying It
Many investors ask: “Why should I mine Bitcoin instead of simply buying it?” On the surface, buying may seem easier — but mining offers superior long-term value, better strategic positioning, and multiple revenue and ownership layers that buying simply can’t match. Here’s a comprehensive look at why Bitcoin mining is the smarter play: 1. Long-Term BTC […]
Dubai Approves Ripple’s RLUSD Stablecoin for DIFC Use
Ripple has received regulatory approval from the Dubai Financial Services Authority (DFSA) for its RLUSD stablecoin, marking another step in the company’s expansion into the Middle East. The DFSA, which oversees operations in the Dubai International Financial Centre (DIFC), has now officially added RLUSD to its list of authorized crypto tokens. This approval allows businesses […]
Tether Transfers $3.9B in Bitcoin to Twenty One Capital
Tether has moved a total of 37,229.69 BTC—valued at roughly $3.9 billion—to wallets associated with Twenty One Capital, a new Bitcoin-native financial platform founded by Strike CEO Jack Mallers. According to a June 3 post by Tether CEO Paolo Ardoino on X, the company executed two significant transfers, one of which included 10,500 BTC (around […]
Metaplanet Becomes 8th Largest Corporate Bitcoin Holder with $118M Investment
Japanese investment firm Metaplanet has officially entered the top tier of corporate Bitcoin holders, securing the eighth spot globally after purchasing an additional 1,088 BTC—a move that highlights its growing commitment to Bitcoin adoption across Asia. Announced via an X post on June 2, Metaplanet revealed that it spent $117.9 million at an average price […]
Crypto Investment Products Attract $286M as Ether Leads the Charge
Digital asset investment products continued to draw investor interest last week, raking in $286 million despite pressure from a sharp Bitcoin price dip. According to a June 2 report by CoinShares, global crypto exchange-traded products (ETPs) extended their positive streak to seven consecutive weeks, with total inflows now reaching $10.9 billion over that period. Even […]
Strategy Wraps Up May With $75M Bitcoin Investment Amid Price Dip to $103K
Bitcoin giant Strategy, led by Michael Saylor, capped off May with another substantial Bitcoin acquisition, taking advantage of a sharp market dip that saw BTC momentarily fall to $103,000. Between May 26 and May 30, the company purchased 705 BTC at a total cost of $75.1 million, according to a disclosure made on June 2. […]
Bank of Italy Chief: Digital Euro Crucial for Crypto Risk Management, Not Just MiCA
Fabio Panetta, the Governor of the Bank of Italy and former European Central Bank (ECB) executive, has emphasized that the digital euro is essential to mitigate the risks tied to the rising use of cryptocurrencies. In his closing remarks included in the Bank of Italy’s annual economic report released on May 30, Panetta stressed the […]
Stripe Sees Strong Bank Interest in Stablecoins, Exec Says
Global payments firm Stripe has begun early talks with banks about the use of stablecoins, highlighting a shift in how traditional financial institutions view crypto integration. Following the launch of stablecoin-enabled accounts in 100 countries earlier this month, Stripe has seen a surge of attention from banks around the world regarding this technology — digital […]
Bitcoin ETFs End Inflow Streak as Most See Withdrawals — Except BlackRock
After a steady run of inflows, U.S. spot Bitcoin ETFs experienced their first collective outflow in over two weeks on May 29 — with BlackRock’s fund standing alone as the only one to attract net new investments. According to data from CoinGlass, the 11 spot Bitcoin ETFs posted a combined net outflow of $347 million, […]