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522 articles

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El Salvador Buys More Bitcoin Despite IMF Pressure to Pause

El Salvador has added eight more bitcoins to its holdings, defying the IMF’s push to halt government crypto purchases tied to a $1.4 billion loan deal. The Bitcoin Office announced the move shortly after IMF staff praised the country’s economic reforms during a loan review. While the IMF acknowledged progress in fiscal policy and inflation …

Sohrab Khawas·28 May 20251 min

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Cetus Seeks Community Vote to Recover $162 Million After Sui Hack

Following a $223 million hack that affected the Sui ecosystem, decentralized exchange Cetus has proposed a recovery plan to recover $162 million frozen in the hacker’s wallets. This plan depends on a community vote, needing over 50% participation and majority support to approve a protocol upgrade that would override the attacker’s control. If successful, the …

Elena R·28 May 20251 min

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Metaplanet raises $50M via zero-interest bonds for Bitcoin.

Metaplanet has raised $50 million by issuing 0% coupon bonds in a bold move to buy more Bitcoin. The Japan-based investment firm continues to double down on its crypto strategy, showing strong confidence in Bitcoin’s long-term value. By opting for zero-interest bonds, Metaplanet avoids extra debt costs while boosting its BTC holdings. This move signals …

Qadir AK·28 May 20251 min

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Trump Media Launches $2.5 Billion Plan to Build Bitcoin Treasury

Trump Media has announced a $2.5 billion plan to build a Bitcoin treasury reserve. This move aims to strengthen the company’s financial position by investing in the popular cryptocurrency. By creating a Bitcoin reserve, Trump Media hopes to take advantage of Bitcoin’s growth potential and show confidence in digital assets. This plan highlights the increasing …

Qadir AK·27 May 20251 min

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SharpLink Bets Big on Ethereum with $425M Investment Deal

SharpLink, a U.S.-listed company, has announced a $425 million PIPE (Private Investment in Public Equity) deal, with Consensys leading the investment. The agreement includes issuing around 69.1 million shares at $6.15 each, and the deal is expected to close by May 29. The company plans to use the funds to purchase Ethereum (ETH), making it …

Qadir AK·27 May 20251 min

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21Shares Files for $SUI ETF Listing on Nasdaq

21Shares has applied to the Nasdaq to list a new ETF focused on the $SUI token. This ETF would give investors an easy and regulated way to invest in $SUI through traditional markets. Approval could expand crypto investment options on well-known exchanges. This move reflects the rising interest in making digital assets more accessible to …

Qadir AK·27 May 20251 min

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Circle Heads to NYSE with IPO Plans

Circle Internet Group has filed for an IPO on the New York Stock Exchange. The company plans to offer 24 million Class A shares, with 9.6 million coming directly from Circle and 14.4 million from existing stakeholders. The shares are expected to be priced between $24 and $26 and will trade under the ticker symbol …

Qadir AK·27 May 20251 min

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Thailand Lets Tourists Use Crypto with Credit Cards

Thailand is taking a big step toward modernizing its financial system. Soon, tourists will be able to use cryptocurrency through their credit cards, making spending easier and more flexible. Alongside this, the government is working on major financial reforms to bring traditional banking and digital assets closer together. These changes aim to create a smoother, …

Qadir AK·27 May 20251 min

Short News

BitMEX Introduces Multi Asset Margining with $XRP and $RLUSD Support

BitMEX has launched a new feature called Multi Asset Margining, allowing users to trade derivatives using multiple currencies. Now, $XRP can be used as margin for derivatives trading, alongside $RLUSD, which is also live on the platform. Traders can use USDT, USDC, ETH, BTC (XBT), and more to open positions, making trading more flexible and …

Qadir AK·27 May 20251 min

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