A crypto whale, James Wynn, has taken a bold stance on Bitcoin by opening a $830 million long position on Hyperliquid, the decentralized derivatives exchange. On May 21, on-chain analyst EmberCN revealed that Wynn initiated a 40x leveraged long position totaling 7,764 BTC (valued at approximately $830 million) at an entry price of $105,033. His…

Today, the State of Wyoming has officially chartered Gannett Trust Company, the first bitcoin-native trust company in the United States, according to a press release sent to Bitcoin Magazine. Backed by Unchained, a leader in bitcoin financial services, Gannett Trust is purpose-built to serve individuals, family offices, and businesses integrating bitcoin into estate and inheritance…

Sangha Renewables has officially broken ground on a 19.9-megawatt (MW) bitcoin mining facility in West Texas, marking a notable step in its mission to merge sustainable power with digital asset infrastructure, according to a recent press release sent to Bitcoin Magazine. Sangha also announced it has raised $14 million toward its $17 million target, helping…

Bitcoin hit a record high on Wednesday, jumping as much as 2.4% to $109,499.76. It’s the first record for the world’s largest cryptocurrency since January, when the token climbed above $109,200. The latest surge is being driven by a burst of enthusiasm on recent regulatory developments. On Monday, a landmark crypto bill moved ahead in…

Bitcoin reportedly hit an all-time high of $109,730 Wednesday (May 21), driven in part by the Monday (May 19) news that a stablecoin bill advanced in the U.S. Senate. The cryptocurrency reached its previous record high around the Jan. 20 inauguration of President Donald Trump, which heightened the market’s hopes for regulatory clarity around crypto,…

The Bitcoin Policy Institute (BPI) released a 21-page policy framework on May 21 to position the US as a global leader in the Bitcoin (BTC) ecosystem.  BPI head of policy Zack Shapiro, the author of the framework, called it his “Bitcoin Policy Manifesto.” The document outlines a comprehensive legislative and regulatory approach that touches on…

The news: Bitcoin rose to a fresh record high in intra-day trading overnight as risk sentiment continues to improve after last month’s selloff. The numbers: The world’s largest cryptocurrency touched an all-time high of US$109,760.08 ($170,614) before easing and is currently trading 1.7% higher at US$108,538.60.  The context: The gains since last month’s tariff-induced decline…

Bitcoin soared to a new all-time high today, crossing $109,000 and peaking at $109,800 before settling at $109,378 on Coinbase. The historic price milestone comes as institutional inflows and favorable policy developments fuel growing confidence in the world’s leading digital asset.  Bitcoin’s ascent reflects a surge in momentum across traditional finance and political circles. Nearly…

In brief Bitcoin on Wednesday set a new high of $109,565, according to CoinGecko. Only in April was the digital coin trading at one point trading below $75,000. Big names in the crypto space have predicted it goes a lot higher in 2025. Bitcoin hit a new all-time high of $109,565 on Wednesday, completing a…

00:00 Speaker A It’s time for Yahoo! Finance’s Market Minute. Bitcoin hitting a fresh record high today. Crypto has been on a tear this week boosted by regulatory developments. UnitedHealth shares lower on a report from The Guardian saying the health care giant secretly paid nursing homes to reduce hospital transfers in order to lower…