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Conduit raises $36M for stablecoin, fiat cross-border payment network
28.5.2025
Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across fiat and stablecoins.Conduit markets its payment system as...
BlackRock eyes 10% stake in Circle's IPO — Report
28.5.2025
BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming...
Here’s what happened in crypto today
28.5.2025
Today in crypto, Trump Media confirmed a capital raise to buy Bitcoin after denying reports, Circle announced its initial public offering on the New York Stock Exchange and Bitcoin bull Michael Saylor advised against proof-of-reserves.Trump Media Group reverses stance, confirms $2.5B Bitcoin...
Growing BTC reserve requires Congressional legislation — VanEck exec
27.5.2025
Building a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve inserting Bitcoin...
Growing BTC reserve requires Congressional legislation — VanEck exec
27.5.2025
Building a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve inserting Bitcoin...
Trump supports bill to buy 1 million BTC — Senator Lummis
27.5.2025
US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said...
Trump supports bill to buy 1 million BTC — Senator Lummis
27.5.2025
US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said...
Selling Bitcoin is like playing in a 'bad house-rate casino' — Adam Back
27.5.2025
Selling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders trying...
Selling Bitcoin is like playing in a ‘bad house-rate casino’ — Adam Back
27.5.2025
Selling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders trying...
Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report
27.5.2025
Wall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services.According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said...
Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report
27.5.2025
Wall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services.According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said...
Bitcoin price held up by corporate adoption and ‘inflation hedge’ narratives
27.5.2025
Key takeaways:Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears.Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside.Stock markets around the world responded positively to the temporary suspension...
Bitcoin price held up by corporate adoption and ‘inflation hedge’ narratives
27.5.2025
Key takeaways:Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears.Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside.Stock markets around the world responded positively to the temporary suspension...
Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise
27.5.2025
Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin (BTC) after denying earlier reports of the deal.According to a May...
Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise
27.5.2025
Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin (BTC) after denying earlier reports of the deal.According to a May...
Ramaswami's Strive raises $750M for 'alpha-generating' Bitcoin buy strategy
27.5.2025
Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued...
Ramaswami’s Strive raises $750M for ‘alpha-generating’ Bitcoin buy strategy
27.5.2025
Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued...
BlackRock in-house portfolio boosts IBIT Bitcoin ETF exposure by 25%
27.5.2025
BlackRock’s in-house portfolio has been quietly accumulating shares of its Bitcoin exchange-traded fund (ETF), underscoring the asset manager’s growing commitment to the cryptocurrency as part of a broader diversification strategy.As of March 31, 2025, the BlackRock Strategic Income...
BlackRock in-house portfolio boosts IBIT Bitcoin ETF exposure by 25%
27.5.2025
BlackRock’s in-house portfolio has been quietly accumulating shares of its Bitcoin exchange-traded fund (ETF), underscoring the asset manager’s growing commitment to the cryptocurrency as part of a broader diversification strategy.As of March 31, 2025, the BlackRock Strategic Income...
Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts
27.5.2025
Key takeaways:Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions.Onchain indicators enter overheated territory, suggesting prolonged profit taking from BTC investors.Bitcoin (BTC) showed strength on May 27, briefly tagging $110,700 after...