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 27 announcement from the company, the capital raise comprises a…

Crypto investor accused of kidnapping Italian tourist More details on the suspect accused of kidnapping an Italian tourist. Fox – 5 NY Police in New York City arrested a second suspect in the alleged kidnapping of a 28-year-old man who said he was held captive in luxury Manhattan townhouse and tortured for his Bitcoin password. The New…

At the 2025 Bitcoin Conference in Las Vegas, the Co-Manager of President Trump’s 2024 Campaign Chris LaCivita, Congressman Brian T. Jack, the Chief Policy Officer of Coinbase Faryar Shirzad and Former US Treasurer Rosie Rios at the Nakamoto stage discussed the 250th birthday of the United States, Bitcoin, freedom, and crypto. Rosie Rios emphasized that…

In This Story Trump Media & Technology Group has tapped investors for $2.5 billion to fund a cryptocurrency reserve. How Trump’s tariffs could make your iPhone cost $3,500 Institutional investors have bought shares in the firm under a private placement, the Trump family’s media company announced Tuesday, with the proceeds set to be invested in…

A man suspected of helping kidnap and torture an Italian cryptocurrency investor in a Manhattan townhouse has surrendered to New York City police. William Duplessie turned himself in Tuesday after what officials described as days of negotiations with authorities, the New York Times reports. He is the third suspect in an alleged plot to extract…

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 it secured a facility worth over $100 million as part of…

What’s going on here? Cryptocurrency markets are in a buoyant phase, with bitcoin approaching $110,000 and other digital assets like ethereum experiencing notable surges. What does this mean? Bitcoin’s ascent to $109,899, with a modest 0.8% daily rise, highlights growing investor interest, shown by a 15.8% hike in trading volume to $55.35 billion. The CoinDesk…

Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endorse building a Bitcoin (BTC) reserve to bolster the nation’s economic deterrence. Lummis said she discussed digital reserves with unnamed senior officers who “understand that economic power is as important as military power in addressing aggressors…

Police have arrested a third suspect linked to one of the most extreme bitcoin-related kidnapping and torture cases in the United States, The New York Times reported. The arrest came after an Italian man, Michael Valentino Teofrasto Carturan, escaped a luxury Manhattan townhouse after three weeks of alleged imprisonment. Running to a traffic agent for…

Jack Dorsey’s Square has taken bitcoin payments a step further at the Bitcoin 2025 conference in Las Vegas this week. For three days, the company is piloting a program where attendees can make purchases with their bitcoin by scanning a barcode. Payments are then settled in near real-time via the Lighting Network while Square handles…