Short News
522 articles
Short NewsCardone Capital Eyes Bitcoin with Over 1,000 BTC Purchase Plan
Cardone Capital, a real estate investment firm managing $5 billion in assets, is set to expand into the crypto space with a plan to acquire more than 1,000 Bitcoin. The move signals a strategic shift as the firm looks to diversify its holdings and tap into the growing value of digital assets. With this step, …
Qadir AK·29 Apr 20251 min
Short News21Shares Files to Launch First Spot Dogecoin ETF on Nasdaq
21Shares has submitted a proposal to list a spot Dogecoin (DOGE) ETF on Nasdaq, aiming to provide traditional investors with direct exposure to the popular cryptocurrency. If approved, this would be the first spot DOGE ETF in the U.S., signaling a broader acceptance of altcoins in mainstream finance. The move reflects increasing demand for diversified …
Elena R·29 Apr 20251 min
Short NewsCelsius Founder Faces 20 Years for $4.7B Crypto Fraud, Says DOJ
The U.S. Department of Justice is pushing for a 20-year prison sentence for Celsius founder Alex Mashinsky. Prosecutors allege that Mashinsky orchestrated a deliberate fraud that led to $4.7 billion in user losses. The DOJ claims he misled investors about the safety and profitability of Celsius’s operations, contributing to one of the crypto industry’s biggest …
Qadir AK·29 Apr 20251 min
Circle Secures UAE Approval to Boost USDC Operations in the Middle East
Circle, the company behind the $62 billion USDC stablecoin, has received in-principle approval from Abu Dhabi Global Market’s Financial Services Regulatory Authority. This approval allows Circle to operate as a money services provider in the UAE, marking a major step in its Middle East expansion. The announcement comes shortly after Circle launched a new payments …
Qadir AK·29 Apr 20251 min
North Carolina Moves Closer to Bitcoin Adoption
North Carolina’s Bitcoin Reserve bill, HB 92, has cleared the Committee on Rules, Calendar, and Operations of the House. The bill allows the State Treasurer to invest up to 5% of select state funds in digital assets like Bitcoin. It also calls for a study to explore the possibility of creating a North Carolina Digital …
Qadir AK·29 Apr 20251 min
FTX Takes Legal Action Against Token Issuers Over Unprovided Assets
FTX has launched legal action against NFT Stars Ltd. and KUROSEMI INC. (d/b/a Delysium) for failing to deliver tokens it is entitled to under contract. This step follows numerous attempts to resolve the issue without litigation. FTX plans to reach out to other token and coin issuers with outstanding assets and will file additional lawsuits …
Qadir AK·29 Apr 20251 min
Strategy Acquires 15,355 BTC, Achieves 13.7% Yield in 2025
As of April 27, 2025, Strategy has acquired 15,355 BTC for approximately $1.42 billion, at an average price of $92,737 per Bitcoin. This move has resulted in a 13.7% BTC yield year-to-date in 2025. Additionally, strategy holds 553,555 BTC, valued at around $37.90 billion, with an average purchase price of $68,459 per Bitcoin, reflecting a …
Qadir AK·28 Apr 20251 min
Short NewsCoinbase Launches Bitcoin Yield Fund for Institutions
Coinbase Asset Management is set to launch the Coinbase Bitcoin Yield Fund on May 1. The fund targets an annual net yield of 4%-8%, with returns paid in Bitcoin. Available exclusively to institutional investors outside the U.S., it uses a basis trading strategy between spot and perpetual futures markets. Aspen Digital, among other institutions, has …
Qadir AK·28 Apr 20251 min
Suspicious Bitcoin Transfer Triggers 50% Surge in Monero Price
Around nine hours ago, 3,520 $BTC, worth approximately $330.7 million, was suspiciously transferred from a victim’s account. The Bitcoin was swiftly swapped for Monero ($XMR) through several exchanges, causing a significant 50% increase in XMR’s price. This sudden surge in value has raised questions, with many speculating that the large transaction may have manipulated the …
Elena R·28 Apr 20251 min