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Bitcoin markets could be in for another prolonged period of consolidation if there isn’t more buying pressure this week, says analyst Willy Woo. The strength of Bitcoin’s (BTC) run from $75,000 on April 7 to its all-time high just below $112,000 on May 22 “is starting to break down,” Woo wrote to X on May…
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Trump Media & Technology Group, the parent company of Truth Social, said on Tuesday that it would raise $2.5 billion from institutional investors to invest in Bitcoin, continuing its transformation from a social media company into a financial services and crypto play. Trump Media, whose largest shareholder is President Trump, said it would raise $1.5…
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Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its Bitcoin accumulation strategy. The 17th series of bonds, issued on May 29, comes with a face value of $525,000 each and will mature on…
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President Trump’s media company plans to raise about $2.5 billion from institutional investors to buy bitcoin, the latest entanglement of his private business ventures and the cryptocurrency markets. Trump Media & Technology Group DJT -6.77%decrease; red down pointing triangle said Tuesday it planned to issue and sell $1.5 billion of the company’s stock and $1…
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A third person accused of kidnapping a man and torturing him for nearly three weeks to steal his Bitcoin fortune surrendered to the police in New York City on Tuesday morning, Police Commissioner Jessica S. Tisch said. The police identified the man, who has connections to Switzerland and Miami, as William Duplessie, 33. He spent…
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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. New research by Google suggested that RSA encryption, a critical security feature used in securing Bitcoin (CRYPTO: BTC), may be more susceptible to quantum computing attacks than previously anticipated. What Happened: Google Quantum AI researcher Craig Gidney published a new paper indicating…
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New York City Mayor Eric Adams says he will ensure a Bitcoin bond is launched in the city and renewed his call to axe New York’s BitLicense program. Speaking at the Bitcoin 2025 conference, Adams pledged to advocate for and support the creation of municipal bonds backed by Bitcoin (BTC). “We have financial instruments for…
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Bitcoin is currently trading at $109,000, marking a marginal decline of 0.6% over the past 24 hours. Despite this short-term dip, the broader market trend remains intact, with Bitcoin recording an approximate 15% gain over the past month. This performance comes after BTC set a new all-time high just above the $111,000 mark a few…
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New York City Mayor Eric Adams says he will ensure a Bitcoin bond is launched in the city and renewed his call to axe New York’s BitLicense program. Speaking at the Bitcoin 2025 conference, Adams pledged to advocate for and support the creation of municipal bonds backed by Bitcoin BTCUSD. “We have financial instruments for…
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Bitcoin options worth billions of dollars are set to expire this Friday at 08:00 UTC on Deribit, making the $95,000 to $105,000 range a critical zone for potential volatility and directional cues. At press time, a total of 93,131 bitcoin monthly options contracts, worth over $10 billion, were due for settlement, with 53% being calls…