US May Expand Bitcoin Reserves if Budget Allows, Says Crypto Policy Chief
David Sacks, the White House’s lead advisor on artificial intelligence and cryptocurrency, recently suggested that the United States could increase its Bitcoin holdings—provided it can be done without new taxes or worsening the national debt. Speaking at the Bitcoin 2025 conference on May 27 in a fireside chat with Gemini founders Cameron and Tyler Winklevoss, […]
GameStop Reveals Initial Bitcoin Investment of 4,710 BTC
GameStop, the well-known U.S. retailer focused on video games and electronics, has officially entered the Bitcoin market. In a May 28 announcement on its X (formerly Twitter) account, the company revealed it has acquired 4,710 BTC—marking its first confirmed move into cryptocurrency investments. Although the statement didn’t include the purchase date or total expenditure, estimates […]
Trump Backs Major Bitcoin Initiative, Says Senator Lummis
Former U.S. President Donald Trump is reportedly on board with a major proposal to have the government invest heavily in Bitcoin, according to Wyoming Senator Cynthia Lummis. During her speech at the Bitcoin 2025 conference in Las Vegas, Lummis highlighted that she is actively promoting the BITCOIN Act to both the American public and the […]
Nasdaq Submits Filing for 21Shares Spot Sui ETF, Launching SEC Review
Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) seeking approval to list a spot Sui ETF from crypto asset manager 21Shares. This move kicks off the SEC’s formal review process. The 19b-4 filing was made on May 23, following 21Shares’ earlier S-1 registration form submitted on April 30. Both documents […]
Michael Saylor Criticizes Onchain Proof-of-Reserves, Citing Security Concerns
Michael Saylor, executive chairman of Bitcoin-focused firm Strategy (formerly MicroStrategy), has voiced strong opposition to institutions publicly sharing onchain proof-of-reserves, calling it a security risk. Speaking at a May 26 event held alongside the Bitcoin 2025 conference in Las Vegas, Saylor said the typical approach to disclosing reserves onchain is flawed. “The conventional method for […]
Trump Media Denies $3B Crypto Investment Rumors
Trump Media & Technology Group — the firm behind Truth Social, linked to former U.S. President Donald Trump — has dismissed claims that it’s planning to raise $3 billion to invest in Bitcoin and other cryptocurrencies. On May 26, the Financial Times published a story citing six unnamed sources who claimed the company was preparing […]
Marathon Breaks Revenue Records with $752M Bitcoin Mining Haul as BTC Hits New Heights
Marathon Holdings, previously known as Marathon Digital, has hit a historic milestone, posting its highest-ever revenue from Bitcoin mining thanks to a recent price rally. On May 27, Marathon’s annualized revenue from mining operations surged past $752 million, as per data from CryptoQuant. This marks the company’s most profitable day to date. With its market […]
5 Things to Know in Bitcoin This Week – Bitcoin Eyes New Highs as Traders Brace for a Volatile Week
Bitcoin Closes Just Below All-Time High Bitcoin rebounded over the weekend, closing the weekly candle at $109,100 — just under its January all-time high. Despite the gains, analysts say the breakout needs stronger momentum to confirm a new leg upward. Traders are watching for follow-through, with some setting targets as high as $155,000. ETF inflows […]
Strategy Adds 4,020 Bitcoin as BTC Price Briefly Tops $110K
Michael Saylor’s firm, Strategy — recognized as the largest corporate holder of Bitcoin — expanded its holdings once again last week as BTC momentarily surpassed the $110,000 mark. Between May 19 and May 23, Strategy purchased an additional 4,020 BTC for a total of $427.1 million, according to a company announcement on May 26. The […]
Bitcoin to $1M by 2030? Major Voices See Bullish Path Amid Global Debt Surge
A number of influential investors and market analysts are forecasting a powerful long-term surge in Bitcoin’s price, with some suggesting it could surpass $1 million by the end of this decade—driven largely by rising global debt and inflationary pressures. Cathie Wood, CEO of ARK Invest, remains one of the most bullish voices in the space. […]