CRYPTO
Abu Dhabi’s Sovereign Wealth Fund Reveals $408 Million Investment In BlackRock’s Bitcoin ETF
Abu Dhabi’s Mubadala boosts its Bitcoin ETF holdings amid record U.S. inflows. Mubadala, Abu Dhabi’s sovereign wealth fund, disclosed a $408.5 million stake in the iShares Bitcoin Trust (IBIT), according to a 13F filing released today. The fund reported holding 8,726,972 shares as of March 31, 2025, an increase from 8,235,533 shares […]
FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution
Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback. What to know: FTX creditors are set to receive over $5 billion in distributions starting May 30, as part of the second phase of the […]
Heritage Distilling Now Accepts Bitcoin and Will Hold It as a Company Asset
The craft spirits company becomes the first in its industry to take Bitcoin as payment and add Bitcoin to its treasury under a new policy. Yesterday, Heritage Distilling Holding Company, Inc. (NASDAQ: CASK), a leading U.S. craft spirits producer, announced that it will begin accepting Bitcoin as payment through its direct-to-consumer (DTC) […]
The DOJ Just Torpedoed Its Own Case Against Roger Ver — It’s Time to Drop It
It is the nail in the coffin. On April 7, 2025, the Department of Justice quietly issued a sweeping policy shift that could—and should—obliterate its case against Roger Ver. Tucked into a 4-page memo titled “Ending Regulation By Prosecution,” the DOJ made a stunning admission: prosecuting individuals for violating unclarified crypto regulations […]
DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor
Most of the individuals were arrested this week in California. What to know: U.S. Department of Justice (DOJ) has charged 12 individuals for stealing over $263 million in crypto. The individuals are linked to an earlier investigation where scammers were able to siphon off over $243 million from a Genesis […]
Bitcoin Boom Likely as Bond Yields Surge – Yes, You Read That Correctly
Elevated Treasury yields are driven by factors that are bullish for bitcoin. What to know: Hardening government bond yields, especially on U.S. treasury notes, have traditionally been viewed as a headwind for bitcoin (BTC) and other risk assets. However, recent persistent resilience in treasury yields suggests a different story — […]
Peter Thiel Shreds $100s and Mocks the Unwashed Masses at Crypto Conference
The billionaire used his Miami Bitcoin 2022 keynote to rip several hundred-dollar bills as an opening bit and lambast the anti-crypto “gerontocracy” of finance. Peter Thiel is a lot of things—a Republican megadonor, an avowed fan of monopolies, and the guy responsible for this website’s former parent company, Gawker Media, going bankrupt some years ago. […]
Strategy Makes $1.34B Bitcoin Buy, Adding Another 13,390 BTC
The Michael Saylor-led company now holds 568,840 bitcoin. What to know: Fresh off the heels of last week’s Strategy Conference, Strategy (MSTR) has resumed its bitcoin (BTC) accumulation, purchasing an additional 13,390 BTC. The company spent approximately $1.34 billion at an average price of $99,856 per bitcoin, according to a filing […]
Trump Family-Linked Firms Profited $320M on Memecoin Despite 87% Decline Since Day One
Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money. What to know: CORRECTION (May 9, 11:58 UTC): Corrected headline, first bullet to say Trump-family linked firms profited millions from TRUMP token. Added details in the 11th paragraph about the creators […]
Bitcoin Price Hits $104,000 As Demand Increases
With spot Bitcoin ETFs hitting new records, major institutional support growing, and bullish momentum holding strong, here’s why Bitcoin crossed $104,000, and why it’s likely not done yet. The price of Bitcoin has surged past $104,000 this morning, and it’s no accident. A mix of surging institutional inflows, record-breaking ETF momentum, […]
