Rumble CEO Unveils Upcoming Tether-Backed Wallet Launch for Q3
Rumble’s CEO and founder, Chris Pavlovski, has revealed that the company is set to roll out its own crypto wallet in the third quarter of 2025, designed to rival Coinbase Wallet directly. The new Rumble Wallet, created in collaboration with Tether, will support Bitcoin and stablecoins. In a May 9 post on X, Pavlovski stated, […]
Metaplanet Eyes $21M Bond Raise to Expand Bitcoin Holdings
Following its recent acquisition of Bitcoin, Japan-based investment firm Metaplanet is planning to issue another round of bonds to boost its growing cryptocurrency reserves. The company announced on May 9 that it intends to raise approximately $21.25 million via the sale of “0% Ordinary Bonds,” with all proceeds dedicated entirely to purchasing more Bitcoin. These […]
Taiwanese Lawmaker Proposes Bitcoin as Part of National Reserves
At Taiwan’s National Conference on May 9, lawmaker Ko Ju-Chun urged the government to explore the idea of incorporating Bitcoin into the country’s official reserves, suggesting it could serve as a strategic safeguard amid global financial instability. Ko, who serves as an at-large member of Taiwan’s Legislative Yuan, shared the proposal on X, emphasizing Bitcoin’s […]
Bitcoin Rebounds to $100K as Fed Maintains Rates Despite Trump’s Pressure
Bitcoin has surged back to the $98,000 mark for the first time in nearly three months after the U.S. Federal Reserve confirmed it would leave interest rates unchanged for now. The Fed’s decision, announced on May 7, comes amid increasing political tension, particularly from former President Donald Trump, who recently criticized Fed Chair Jerome Powell […]
Bitcoin reaches $100K as Trump Teases Major UK Trade Agreement
Bitcoin reaches $100,000 threshold, fueled by growing anticipation surrounding an upcoming trade deal between the United States and the United Kingdom, which is expected to be announced by former President Donald Trump. On May 7, Trump posted on Truth Social about an imminent “major trade deal” involving a “big, and highly respected, country.” According to […]
US Banks Allowed to Handle Crypto Custody and Partner with Third Parties, Regulator Says
The Office of the Comptroller of the Currency (OCC) has officially clarified that banks within its oversight can engage in crypto-related activities on behalf of their clients, including trading digital assets held in custody and working with third-party service providers. In a statement made on May 7, Acting Comptroller Rodney Hood confirmed that national banks […]
Metaplanet Hits 5,555 BTC Mark After Latest 555 Bitcoin Purchase
Japanese investment firm Metaplanet has taken another major step in its Bitcoin accumulation strategy, acquiring an additional 555 BTC. This latest purchase brings the company’s total holdings to 5,555 Bitcoin—worth over $536 million at current market prices. According to a disclosure on May 7, the Tokyo-listed company spent approximately $53.4 million to buy the 555 […]
Bitcoin-Backed Lending Gaining Traction as Confidence in Market Grows, Says Xapo Bank CEO
As Bitcoin solidifies its place in the financial world, more investors are becoming comfortable using their crypto as collateral for loans, according to Seamus Rocca, CEO of Gibraltar-based Xapo Bank. Speaking at Token2049 in Dubai, Rocca explained that with Bitcoin trading around $95,000 and institutional interest continuing to rise, the mindset of many holders has […]
Trump-Backed Stablecoin USD1 Becomes 7th Largest Globally
USD1, a US dollar-pegged stablecoin introduced by World Liberty Financial (WLFI) — a company publicly supported by former President Donald Trump — has rapidly climbed the ranks to become the world’s seventh-largest stablecoin just two months after launch. WLFI is currently conducting a community vote on an airdrop proposal for USD1, as the token’s market […]
VanEck Submits Proposal for First U.S. BNB ETF
Investment firm VanEck has submitted a request to U.S. regulators to launch an exchange-traded fund (ETF) that would track BNB, the native cryptocurrency of Binance’s BNB Chain, according to official filings. The proposed fund would hold physical BNB tokens and may also allocate part of its holdings to staking through reliable providers, as stated in […]