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Bitcoin becoming global reserve asset ‘sooner’ than most think: David Bailey

Bitcoin becoming global reserve asset ‘sooner’ than most think: David Bailey

Episode 520 of The Scoop was recorded with The Block's Frank Chaparro and Bitcoin Inc CEO David Bailey.Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Galaxy Digital taps Zodia Custody to expand staking services in Europe

Galaxy Digital taps Zodia Custody to expand staking services in Europe

Galaxy Digital announced Wednesday that it has integrated Zodia Custody, an institutional-grade blockchain services provider, to bolster its staking offerings in Europe. This enables Zodia’s customers to earn staking rewards while maintaining custody of their assets. Zodia is a leading custodian in …

Nasdaq-listed Bitcoin miner Core Scientific nets $580 million in Q1 profit, largely driven by mark-to-market warrant adjustments

Nasdaq-listed Bitcoin miner Core Scientific nets $580 million in Q1 profit, largely driven by mark-to-market warrant adjustments

Bitcoin mining company Core Scientific saw net income spike to $580.7 million in Q1 2025, more than doubling its profit from $210.7 million during the same period in 2024, according to the firm’s latest quarterly report. The surge in profit comes despite a steep decline in revenue. The company poste…

DeFi Development Corp. approves 7-for-1 stock split amid broader SOL treasury push

DeFi Development Corp. approves 7-for-1 stock split amid broader SOL treasury push

The board of directors for DeFi Development Corp. (Nasdaq: DFDV), a real estate software firm turned Solana-focused treasury play, has approved a 7-for-1 stock split for its issued and outstanding common shares, according to a Wednesday company release.The move increases the firm's outstanding share…

Bybit’s bitcoin liquidity recovered to pre-hack levels: Kaiko

Bybit’s bitcoin liquidity recovered to pre-hack levels: Kaiko

Bitcoin liquidity on Bybit climbed back to heights seen in February before hackers stole $1.5 billion worth of ETH from the platform in a multi-sig heist, Kaiko noted in a Wednesday report.Bybit was the target of a sophisticated attack orchestrated by bad actors believed to be the Lazarus Group, a n…

South Korea’s leading presidential candidate commits to spot crypto ETF approval

South Korea’s leading presidential candidate commits to spot crypto ETF approval

Lee Jae-myung, the leading candidate for South Korea's upcoming presidential race, pledged to allow spot bitcoin exchange-traded funds in the country."I will introduce spot virtual asset ETFs and establish an integrated monitoring system to create a safe virtual asset investment environment," Lee wr…

Democrats, Republicans hold dueling crypto roundtables as clashes over Trump’s role mount

Democrats, Republicans hold dueling crypto roundtables as clashes over Trump’s role mount

House Democrats and Republicans physically splintered Tuesday, holding separate meetings on cryptocurrency regulation as President Donald Trump's digital asset involvement creates palpable tension. In one Capitol Hill room, Rep. Maxine Waters, D-Calif., the top Democrat on the House Financial Servic…

Kalshi says CFTC moved to dismiss appeal against prediction platform

Kalshi says CFTC moved to dismiss appeal against prediction platform

Kalshi posted to X on Tuesday that the Commodities and Futures Trading Commission (CFTC) has moved to dismiss an appeal against the crypto prediction platform."Election markets are here to stay," Kalshi said.The prediction market platform, which lets users wager on the outcome of specific events by …

Bitwise submits S-1 for a spot NEAR ETF

Bitwise submits S-1 for a spot NEAR ETF

The digital asset management firm Bitwise submitted a registration statement for a NEAR exchange-traded fund with the U.S. Securities and Exchange Commission, according to an S-1 filing.Bitwise's NEAR ETF would give investors exposure to NEAR through a traditional brokerage account without them havi…

IntoTheBlock and Trident merge to create institutional DeFi platform Sentora with $25 million in Series A funding

IntoTheBlock and Trident merge to create institutional DeFi platform Sentora with $25 million in Series A funding

Institutional DeFi solutions provider IntoTheBlock and digital assets financial services firm Trident Digital announced a merger on Tuesday to form Sentora.Sentora has secured $25 million in Series A funding at launch, led by New Form Capital, to build an institutional DeFi platform combining analyt…

Former Celsius CEO Alex Mashinsky seeks lenient one-year sentence, disputes DOJ’s 20-year recommendation

Former Celsius CEO Alex Mashinsky seeks lenient one-year sentence, disputes DOJ’s 20-year recommendation

Lawyers for Alex Mashinsky have asked a U.S. court to impose a sentence of no more than 366 days on the former Celsius CEO, who in December pleaded guilty to one count of commodities fraud and one count of manipulating the price of the CEL token. The motion was a final call for leniency and a respon…

Binance founder CZ says bitcoin could hit $500,000 to $1 million this cycle

Binance founder CZ says bitcoin could hit $500,000 to $1 million this cycle

Bitcoin and the broader crypto market are headed for a sharp uptrend, according to Binance founder and former CEO Changpeng "CZ" Zhao.Bitcoin could climb to anywhere between $500,000 and $1 million this cycle, and the total crypto market capitalization could touch $5 trillion by the end of this year…