Crypto venture funding reached $4.9 billion in the first quarter of 2025, marking a strong comeback for the industry, according to a May 1 report by Galaxy. The total capital raised was 40% higher than the previous quarter and came from 446 deals, which also reflected a 7% growth during the period. This makes the […]
Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its performance from a year ago, according to the firm’s latest earnings report. The Bitcoin (BTC) miner said it continued to scale operations and capitalize on stronger market conditions during the quarter. The Texas-based firm, one of the […]
Bitcoin exchange-traded funds recorded $422 million in inflows on May 1, led by BlackRock’s IBIT, which added $351 million. The move followed Thursday’s outflow, which broke an eight-day win streak and pushed cumulative net flows for US-listed spot Bitcoin ETFs back to $39.5 billion since their launch (including Grayscale outflows), according to Farside Investors’ data. Total […]
A modest 1% allocation to Dogecoin (DOGE) could significantly improve portfolio returns without meaningfully increasing risk, according to a new analysis by crypto investment firm 21Shares. In its April report, the firm evaluated how Dogecoin performs when added to a Bitcoin-enhanced growth strategy. Stress-tested portfolios The firm’s portfolio stress-testing showed that the baseline portfolio, a […]
Strategy’s Bitcoin-focused investment operation achieved a year-to-date BTC Yield of 13.7% and a BTC $ gain of $5.8 billion as of April 28, according to its first quarter earnings report. The firm also raised its full-year BTC Yield target from 15% to 25% and increased its BTC gain projection from $10 billion to $15 billion. […]
Publicly listed companies have bought roughly 157,957 Bitcoin (BTC) as of May 1, accounting for 96% of the 164,250 BTC projected to be mined throughout the year. Bitcoin Treasuries data shows that private companies added another 16,799 BTC to their holdings during the same period, while Bitcoin exchange-traded fund (ETF) issuers acquired 34,968 BTC. Combined, […]
The native token of the Ethereum-based Movement Network, MOVE, plunged to a historic low following Coinbase’s delisting amid the ongoing controversy tied to questionable market-making activities. The US crypto exchange announced on May 1 that it would suspend MOVE trading across its platforms by May 15, citing the token’s failure to meet its listing standards. […]
The Doomsday Clock, a symbolic gauge maintained by the Bulletin of the Atomic Scientists since 1947, now stands at 89 seconds to midnight. This marks its closest position yet, reflecting an era shaped by multiple existential threats, including nuclear tensions, climate volatility, and disruptive technologies. 2025 Doomsday Clock bulletin (Source: thebulletin.org) The latest release brings […]
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia’s Huione Group from accessing the American financial system, according to a May 1 statement. If approved, the proposed rule would prohibit US financial institutions from opening or maintaining accounts for Huione Group or any of its subsidiaries. US authorities identified Huione Group as […]
Senate Republicans have accelerated efforts to bring the first comprehensive federal stablecoin legislation, the GENIUS stablecoin bill, to a floor vote before the Memorial Day recess. Senate Majority Leader John Thune formally moved to expedite consideration of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act this week, setting up a potential chamber-wide […]
