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Strategy Releases Q1 Financial Results: Michael Saylor Remains a Bitcoin Maximalist and Raises 2025 Targets
Strategy, formerly MicroStrategy, the leading corporate holder of Bitcoin (BTC), released its first quarter 2025 financial results on Thursday, May 1. For the three-month period that ended on March 31, Strategy added 61,497 Bitcoins, thus currency holding about 553,555 Bitcoins. As a result, Strategy achieved a BTC Yield of 13.7 percent in the first quarter …
Steve Muchoki·2 May 20252 min
Kraken Announces Growth in Q1 Revenue YoY: Crypto Boom at Hand
Kraken, a veteran cryptocurrency exchange, announced the financial update for the first quarter of 2025. The cryptocurrency exchange reported a gross revenue of $471.7 million, up 19 percent YoY but down 7 percent QoQ. According to the announcement, Kraken recorded an adjusted EBITDA of $187.4 million, up 17 percent and 1 percent YoY and QoQ …
Steve Muchoki·2 May 20252 min
NewsUSDT Issuer Tether Reports $1 Billion Q1 Profit, Marking Sharp Drop from Previous Quarter
Tether, the company behind the USDT stablecoin, said it had nearly $120 billion invested in U.S. Treasurys by the end of March, according to a report released Thursday. The company made more than $1 billion in profit from its traditional investments during the first quarter. However, that’s a big drop compared to the $6 billion …
Shayan Chowdhury·1 May 20252 min
XRP Lawsuit News: SEC Delays XRP ETF Until After Ripple Update
The SEC recently delayed its decision on Franklin Templeton’s proposed XRP Spot ETF, pushing the deadline to June 17th, 2025. The agency generally waits for futures trading to begin before approving the spot ETFs, as the same pattern was followed with Bitcoin and Ethereum ETF. Other ETFs tied to Ethereum and Dogecoin were also delayed, …
Nidhi Kolhapur·1 May 20252 min
Altseason 2025: 3 Altcoins to Stack Before the Big Pumps
The crypto market is rising, and several altcoins are positioning themselves for big moves. With major partnerships, integrations, and bullish regulatory developments, certain projects are standing out from the crowd. If you’re looking for altcoins to stack right now, here are three tokens that deserve a spot on your radar, according to Altcoin Buzz. Altcoin …
Anjali Belgaumkar·1 May 20252 min
NewsRipple Allegedly Launches XRP Rewards For Loyal Supporters as Token Eyes Key Price Breakout
Ripple has allegedly announced a special XRP Rewards Event to show appreciation for its community. This event is a way for Ripple to thank supporters who stood by the company during its long legal battle with the U.S. Securities and Exchange Commission (SEC). Free XRP Tokens for the Ripple Community According to the post, the …
Anjali Belgaumkar·1 May 20251 min
NewsXRP vs SEC News: Ripple’s Exec Chairman To Meet SEC’s Paul Atkins?
A high-stakes meeting is set to take place soon, which could be a turning point in the crypto industry. Ripple’s Executive Chairman and co-founder, Chris Larsen, is all set to meet with the new SEC Chair, Paul Atkins, on May 2, 2025. With crypto rising as a priority under the Trump administration, the meeting could …
Nidhi Kolhapur·1 May 20252 min
NewsBuy Now Before Bitcoin Hits $1 Million! Michael Saylor and Pompliano’s Predictions Explained
Michael Saylor, the executive chairman of the Bitcoin-backed company Strategy, is making waves with his bold prediction: Bitcoin could soon reach $1 million. In a recent tweet, Saylor warned that by the time financial advisers approve Bitcoin as a good investment, it might already be too late to buy. Why the bold claim? Let’s dig …
Andrea·1 May 20252 min
Shiba Inu (Shib) Burn Rate Explodes 38,299% in Just One Day
Dog-themed meme token Shiba Inu (SHIB) saw a massive 38,299% spike in its burn rate within just 24 hours. Millions of SHIB tokens have been removed from circulation, which could help its price go up in the long run. As of now, SHIB is trading around $0.0000136, and its market cap has reached $8 billion. …
Mustafa Mulla·1 May 20252 min