Crypto News
David Bailey, digital assets advisor to President Donald Trump and CEO of BTC Inc., has reportedly closed a $300 million raise for a new bitcoin-focused investment firm called Nakamoto. The firm, named after Bitcoin’s creator Satoshi Nakamoto, will be a publicly traded company with a bold strategy: to buy and hold bitcoin and invest in…
Pharmaceutical supply chain and technology firm Wellgistics Health has announced it will integrate XRP as a treasury asset and payments infrastructure across its pharmacy network. The $50 million capital facility, structured as an equity line, was arranged through LDA Capital, a private alternative investment group with prior involvement in crypto-backed funding strategies. The agreement allows Wellgistics to draw…
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Eurogroup President Paschal Donohoe, also Ireland’s Finance Minister, made remarks on how the EU is planning to track crypto transfers. Speaking at the European Anti-Financial Crime Summit 2025 in Dublin, the minister said that the plan, if executed, would see increased transparency in transactions among both senders and receivers. The plan at an EU legislative…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance…
Alex Mashinsky, the founder of failed crypto lender Celsius Network, has been sentenced to 12 years in prison for defrauding hundreds of thousands of customers who were drawn in by the company’s promises of high returns on digital-asset deposits. US District Judge John Koeltl handed down the ruling on Thursday in Manhattan, marking one of…
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Bitcoin exchange inflows over the past month have been driven almost entirely by freshly moved supply, with minimal involvement from long-dormant holders. Nearly three-quarters of all daily deposits across major exchanges consisted of coins that had last moved less than 24 hours earlier, pointing to high-frequency repositioning activity rather than strategic distribution. This type of…
Meta is exploring stablecoin-based payment infrastructure in a renewed effort to integrate blockchain technology into its platforms, Fortune reported on May 8, citing people familiar with the matter. According to the report, the tech giant is in preliminary discussions with multiple crypto firms to evaluate stablecoins as a mechanism for managing cross-border payouts. The discussions…
A senior Russian lawmaker says that intensifying India-Pakistan tensions will lead to a Bitcoin (BTC) price rise. Speaking to the Russian Parliamentary Gazette on May 7, Anatoly Aksakov, the Chairman of the State Duma’s Committee on the Financial Markets, also suggested that some states are now using BTC as a payment tool in cross-border arms…