Published on: 2025-06-07 08:00:00
President Donald Trump's Truth Social platform moved a step closer to having a bitcoin exchange-traded fund available to everyday investors. NYSE Arca, the all-electronic arm of the New York Stock Exchange that handles most ETF trading, filed on Tuesday to list a bitcoin fund linked to the president's media company, the latest sign of Trump's expanding push into the crypto world. Known as a 19b-4 form, the filing is required before regulators can decide whether to allow the fund to launch and t
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Find related items on AmazonPublished on: 2025-06-11 04:30:40
Elon Musk on Sunday announced that a new version of X’s Direct Messaging (DM) feature, XChat, was rolling out with support for features like vanishing messages, encryption, and the ability to share files, alongside its audio and video calling support. The new features aren’t yet broadly available, as XChat only recently started beta testing among a select group of users. However, Musk said that the X team expects to bring XChat to all users sometime this week, unless they encounter scaling issu
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Find related items on AmazonPublished on: 2025-06-11 19:45:38
The 12-year campaign to free Ross Ulbricht — the criminal mastermind behind the Silk Road, the original crypto-enabled dark web mail-order-drug emporium — finally ended in January, when newly-minted second term president Donald Trump officially pardoned the bitcoin criminal. Now, Ulbricht is picking up where he left off, getting his first taste of a world he left behind in 2013 when a federal judge sentenced him to two counts of life in prison, plus 40 years without parole. In sum, Ulbricht's
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Find related items on AmazonPublished on: 2025-06-11 13:37:56
watch now LAS VEGAS — The bitcoin treasury play that lifted Strategy's market cap past $80 billion is now being mimicked by meme stock companies, media firms, and multinational conglomerates. But Wall Street isn't buying all the hype. This week, Trump Media announced plans to raise $2.5 billion to buy bitcoin, and GameStop revealed a $500 million allocation. Meanwhile, Tether, SoftBank, and Strike's Jack Mallers unveiled Twenty One, a bitcoin-native public company expected to launch with more t
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Find related items on AmazonPublished on: 2025-06-11 15:18:05
Bitcoin 2025 brought together thousands of investors, builders, and believers for a showcase of crypto’s next chapter. MacKenzie Sigalos LAS VEGAS — At the world's largest bitcoin conference this week on the Vegas Strip, the most consequential story wasn't about bitcoin. Stablecoins, the dollar-pegged digital tokens now driving a full-scale financial and political shift in Washington, stole the show. The momentum behind stablecoin legislation and crypto market reform is accelerating — and it's
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Find related items on AmazonPublished on: 2025-06-15 09:35:32
Vice President JD Vance and the sons of President Donald Trump, Eric and Donald Trump Jr., spoke at the Bitcoin 2025 Conference in Las Vegas on Wednesday, hyping the cryptocurrency and promising to do everything in their power to ensure a friendly regulatory environment. And it’s just the latest reminder that the Trump regime is all-in on crypto. Vance was eager to thank the Winklevoss brothers, Tyler and Cameron, who are longtime crypto investors and donated millions to the crypto super PAC Fa
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Find related items on AmazonPublished on: 2025-06-16 13:56:03
GameStop announced on Wednesday that it bought 4,710 bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly became the center of a short squeeze in 2021. GameStop stock remains a bit inflated from where it was before the meddling of Reddit community r/WallStreetBets, but years out from
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Find related items on AmazonPublished on: 2025-06-17 04:56:03
GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly became the center of a short squeeze in 2021. GameStop stock remains a bit inflated from where it was before the meddling of Reddit community r/WallStreetBets, but years out from
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Find related items on AmazonPublished on: 2025-06-19 16:12:43
Trump Media and Technology Group, a publicly traded company in which US president Donald Trump and his family own a majority stake, has raised $2.5 billion to accumulate a “bitcoin treasury.” On Monday, in response to a report by the Financial Times, TMTG initially denied contemplating any such maneuver. “The Financial Times has dumb writers listening to even dumber sources,” the company reportedly said. But Trump Media and Technology Group appears to have since changed its tune. In a press re
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Find related items on AmazonPublished on: 2025-06-20 00:05:12
In this article XYZ BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT A Square-powered bitcoin checkout is now live on the Vegas Strip, where Bitcoin 2025 attendees can scan and pay for merch in seconds using the Lightning Network. Miles Suter LAS VEGAS — Jack Dorsey's latest bitcoin vision is hitting the checkout counter — starting with a merch truck parked just off the casino floor inside The Venetian. This week at Bitcoin 2025, Square is piloting real-time bitcoin payments, letting a
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Find related items on AmazonPublished on: 2025-06-20 04:17:51
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. LAS VEGAS — Trump Media announced Tuesday a $2.5 billion raise from institutional investors to bankroll one of the largest bitcoin treasury allocations by a public company. Shares of the company fell about 10% following the news. It's the latest and most ambitious move in its evolution from a free-speech social platform to a financial services
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Find related items on AmazonPublished on: 2025-06-20 08:31:48
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. President Donald Trump’s media company could soon own $2.5 billion in Bitcoin. On Tuesday, Trump Media announced that it’s working with “approximately 50 institutional investors” to sell and issue $1.5 billion in stock and $1 billion in convertible notes. The company, which operates Truth Social among other services, will be used to establish a larg
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Find related items on AmazonPublished on: 2025-06-26 04:19:08
Bitcoin continued its rally on Thursday, hitting a new record high near $112,000. The price of the flagship cryptocurrency was last higher by more than 3% at $111,777.01, according to Coin Metrics. Earlier, it rose as high as $111,999.00. Unlike the rocket rallies to new records long-time bitcoin observers are used to, it's been a slower-than-usual climb for the cryptocurrency, driven by increasing institutional ownership of the digital asset and corporate adoption of it. Easing trade tensions
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Find related items on AmazonPublished on: 2025-06-27 18:43:27
Bitcoin continued its rally on Thursday, hitting a brand new record high above $111,000. Bitcoin hit $111,886.41 in early trading hours in London, according to Coin Metrics, before paring some of those gains to trade at around $111,012.00 at 07:03 a.m. London. Bitcoin's move has been "driven by a mix of positive momentum, growing optimism around U.S. crypto regulation, and continued interest from institutional buyers," James Butterfill, head of research for crypto-focused asset manager CoinSha
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Find related items on AmazonPublished on: 2025-06-28 08:16:45
"Bitcoin's new high has been concocted by an array of favorable ingredients in the macro cauldron, namely softer U.S. inflation numbers, a de-escalation in the U.S.-China trade war and the Moody's downgrade of U.S. sovereign debt, which has put the spotlight on alternative stores of value like bitcoin," said Antoni Trenchev, cofounder of crypto exchange Nexo. The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $10
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Find related items on AmazonPublished on: 2025-06-28 20:59:03
"Bitcoin's new high has been concocted by an array of favorable ingredients in the macro cauldron, namely softer U.S. inflation numbers, a de-escalation in the U.S.-China trade war and the Moody's downgrade of U.S. sovereign debt, which has put the spotlight on alternative stores of value like bitcoin," said Antoni Trenchev, cofounder of crypto exchange Nexo. The price of the flagship cryptocurrency was last hovering above the flat line at $106,678.74, according to Coin Metrics, having pulled b
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Find related items on AmazonPublished on: 2025-06-29 04:56:12
"Bitcoin's new high has been concocted by an array of favorable ingredients in the macro cauldron, namely softer U.S. inflation numbers, a de-escalation in the U.S.-China trade war and the Moody's downgrade of U.S. sovereign debt, which has put the spotlight on alternative stores of value like bitcoin," said Antoni Trenchev, cofounder of crypto exchange Nexo. The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $10
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Find related items on AmazonPublished on: 2025-07-03 12:37:40
JPMorgan Chase CEO Jamie Dimon delivers a speech during the Global Markets Conference, ahead of the Choose France summit, in Paris, on May 15, 2025. JPMorgan Chase is finally allowing clients to buy bitcoin . But CEO Jamie Dimon is still a skeptic. "We are going to allow you to buy it," Dimon said at the bank's annual investor day on Monday. "We're not going to custody it. We're going to put it in statements for clients." The decision marks a notable step for the largest U.S. bank, particular
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Find related items on AmazonPublished on: 2025-07-11 00:48:08
Shares of KindlyMD skyrocketed 250% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed company has secured $200 million in convertible debt and $510 million in fresh capital through a private investment in public equity (PIPE) deal, offering shares at $1.12 each. According to Bailey, the convertible note carries a premium to the PIPE price,
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Find related items on AmazonPublished on: 2025-07-14 00:02:47
Brian Armstrong, CEO of Coinbase, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended trading. The change will take effect before trading on May 19. Discover is in the process of being acquired by Capital One Financial . Since going public through a direct listin
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Find related items on AmazonPublished on: 2025-07-14 13:00:53
The bitcoin mining company backed by President Donald Trump's sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining . Shares of Gryphon were up more than 300% Monday. The combined company, American Bitcoin, will trade under the ticker symbol "ABTC," with the transaction expected to close as early as the third quarter of 2025. Existing stockholders of American Bitcoin, including the president's two eldest sons, will own
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Find related items on AmazonPublished on: 2025-07-17 00:36:17
Cryptocurrencies extended their rally to end the week, with bitcoin holding steady above the $100,000 level while ether rallied to its best week since 2021. The price of bitcoin was higher by 2% at $103,249.99 on Friday, according to Coin Metrics. Earlier, it rose as high as $104,324.65, its highest level since Jan. 31. For the week, bitcoin is up more than 6% and on pace for its fourth positive week in a row – and first four-week win streak since November. "This move above $100,000 should be
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Find related items on AmazonPublished on: 2025-07-19 20:10:21
In this article BTC.CM= STAN-GB Follow your favorite stocks CREATE FREE ACCOUNT Vcg | Visual China Group | Getty Images A Standard Chartered analyst who predicted bitcoin hitting $120,000 by the second quarter now says his price call is "too low." "I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment shared with clients via email Thursday. Last month, Kendrick wrote a note saying that he expec
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Find related items on AmazonPublished on: 2025-07-20 12:34:56
Vcg | Visual China Group | Getty Images David Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed. The deal, which has been in the works since January, consists of $200 million in equity funding and $100 million in convertible debt, according to a person familiar with the matter who asked not to be named because the fundraise hasn't been announced. The Informat
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Find related items on AmazonPublished on: 2025-07-31 17:00:01
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty Images As President Donald Trump hit the 100-day mark this week for his second term in office, his approval numbers were lower than for any administration at this point in over seven decades. Don't tell that to the crypto community. Trump ran for office on a promise to make America "the crypto capital of the world." Those who got behind that message say he's already delivered, or at
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Find related items on AmazonPublished on: 2025-08-01 15:29:03
The moment crypto enthusiasts have been long dreading is finally here: it's now unprofitable to mine Bitcoin. Bitcoin mining is the process where a computer — typically using a power-hungry graphics processing unit (GPU) — updates transactions on the blockchain, validating each with a "proof of work." In turn, these "miners" get the chance to earn a portion of Bitcoin roughly equivalent to the computational power they've contributed to the process. As they mine, each GPU essentially becomes a
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Find related items on AmazonPublished on: 2025-08-02 16:44:00
Editor's take: The cryptocurrency market as a whole is far from obsolete; however, it has become more expensive. The era of easy profits from Bitcoin mining appears to have ended, replaced by a fiercely competitive industry where only the most efficient and resourceful players are likely to survive. Bitcoin mining, once viewed as a digital gold rush, is facing a harsh new reality in 2025: for many, the cost of producing a single Bitcoin now outweighs its market value by a considerable margin. T
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Find related items on AmazonPublished on: 2025-08-03 11:10:27
After a dip that coincided with when the stock market crashed (remember when Bitcoin was supposed to be a hedge against market volatility?), the cryptocurrency is pushing back up toward its all-time high. Despite that, it seems that mining for the cryptocurrency is no longer worth it, even for some larger mining operations. According to data recently published by CoinShares, the cost of electricity and computational power needed to mine for Bitcoin now often exceeds the actual value of the coin.
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Find related items on AmazonPublished on: 2025-08-21 00:00:00
“I thought, ‘That’s interesting—we need heat,’” Goodman says of Bathhouse. Mining facilities typically use fans or water to cool their computers. And pools of water, of course, are a prominent feature of the spa. It takes six miners, each roughly the size of an Xbox One console, to maintain a hot tub at 104 °F. At Bathhouse’s Williamsburg location, miners hum away quietly inside two large tanks, tucked in a storage closet among liquor bottles and teas. To keep them cool and quiet, the units are
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Find related items on AmazonPublished on: 2025-08-30 01:50:00
watch now AUSTIN — On a Friday morning last spring, Mark Suman called out sick from his job as a senior engineering project manager at Apple and made his way downtown to a place called the Bitcoin Commons, a sort of clubhouse for enthusiasts of the world's largest cryptocurrency, situated a few blocks south of the Texas State Capitol. At the time, Suman was, in his words, "an active hobbyist," tinkering with the technology in his spare time. "I actually played around with it a bit within Apple
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