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Meta shareholders have overwhelmingly rejected a proposal to assess whether the tech giant should add Bitcoin to its balance sheet.A “Bitcoin treasury assessment” proposal put before shareholders received 3.92 million votes in favor — a mere 0.08% of the total — while nearly 5 billion voters decided…
Former FTX users are reporting receiving payouts from the bankrupt exchange. On Friday, the exchange announced it has commenced the second round of distributions, valued at some $5 billion, to creditors as part of a previously announced bankruptcy plan."Customers should expect to receive funds withi…
Yuga Labs, creator of the high-profile Bored Ape Yacht Club collection, has sold the Moonbirds intellectual property to the gaming company known as Orange Cap Games.Moonbirds' official X account posted the announcement on Friday.This is the second time this month Yuga Labs has sold what was once con…
Record prices, record inflows — what’s not to like? Bitcoin has never been hotter and institutions are finally in on it. 🔥 Record Inflows into BTC ETFsBitcoin is quickly turning into a highly-coveted asset for institutional investors. Over the past five weeks (and that’s when we got the record hig…
Although experts and institutions continue to give optimistic forecasts for Bitcoin’s price in the short and long term, some point to divergence signals that may indicate an upcoming reversal.A divergence signal occurs when the price creates a higher high, but the indicators or correlated data weake…
Coinbase’s layer-2 blockchain Base briefly saw the number of transactions it processed per second near 1,000, bringing it closer to the performance of layer-1 blockchain Solana.On May 29, Base creator Jesse Pollak said on X that Base had sustained near 1,000 transactions per second (TPS) during a la…
Amboss, an AI-driven solutions provider for the Bitcoin Lightning Network, has unveiled a self-custodial yield generation service called Rails, tapping into the earnings potential of the Layer 2 ecosystem.Rails is designed for users to earn yield on their bitcoin by acting as Liquidity Providers (LP…
Crypto analyst Egrag Crypto has predicted that the XRP price can reach $46 based on a historical pattern recorded in the first market cycle. Meanwhile, his analysis of the 3-cycle ride also showed that the altcoin can still reach double digits if it mirrors patterns recorded in other cycles. XRP Pri…
Pakistan will allocate 2,000 megawatts (MW) to power Bitcoin mining and AI data centres. Pakistan’s Finance Ministry announced the news as part of its broader plan to stimulate the economy and use excess electricity to power Bitcoin mining initiatives. Pakistan has been grappling with high electrici…
Today in crypto, Strategy co-founder Michael Saylor hints at Bitcoin buy, Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and AI centers, and ARK Invest CEO Cathie Wood says crypto ETFs are here to stay, and crypto industry executive.Strategy co-founder M…
Bitcoin could climb higher before June wraps up, if today’s momentum holds. According to Shunyet Jan, Head of Derivatives at Bybit, the world’s second-largest crypto exchange, a move to $125,000 by the end of Q2 is on the table.That’s a jump of about 16% from current levels near $108,000. It’s a bol…
U.S.-based spot bitcoin ETFs saw their largest weekly trading volume yet in 2025 last week, as the rising price of BTC brought new inflows to the exchange-traded products. The funds saw $25 billion in value change hands last week, according to SoSoValue data, making it the highest-volume week since …