BitGo's integration of Lightning Network support could accelerate institutional adoption of Bitcoin as a practical payment solution, enhancing its utility. BitGo adds Lightning Network support to Crypto-as-a-Service offering.
Irish authorities recovered a second Bitcoin wallet linked to convicted drug trafficker Clifton Collins, unlocking around 500 BTC valued at nearly $38.7 million. Ireland's Criminal Assets Bureau completed the recovery with technical support from Europol after the wallet remained inactive for almost 10 years.
Calamos' ETFs could reshape Bitcoin investing by offering traditional advisors a way to manage crypto volatility within risk frameworks. Calamos uses Cboe Bitcoin options to create defined outcome ETFs with built-in downside protection.
The ultimate price floor for Bitcoin (BTC) in the current market cycle is $60,000, according to K33 Research, the research arm of K33 digital asset brokerage company. In a May 19th publication, the crypto market intelligence firm supported its argument by citing crypto market support from heightened institutional adoption.
Bitcoin experienced volatile, range-bound trading, repeatedly struggling to sustain a breakout above $77,000. After a midnight surge from $76,700 to $77,200, it hit an intraday high of $77,604 before stabilizing around $77,500.
Crypto investment firm Capriole Investments is sounding the alarm on elevated inflation, warning that every historical instance of inflation reaching current levels has been followed by an average market crash of 30% over the next one to 24 months.
Bitcoin's struggle to break $78K amid US sell-offs highlights its vulnerability to macroeconomic factors and market sentiment shifts. Bitcoin halts recovery near $78,000 as US sell-off intensifies ahead of Nvidia earnings.
Bitcoin long-term holders hit a supply-in-loss level that marked the bottom in 2015, 2019, and 2022.
The withdrawal highlights the challenges politically affiliated firms face in competing with established financial giants in the crypto ETF market. Trump Media withdraws SEC registration for Truth Social bitcoin ETFs.
Tether International has acquired Softbank's equity stake in Twenty One Capital, the NYSE-listed bitcoin treasury company holding approximately 43,514 BTC, giving the stablecoin issuer greater control over one of the largest publicly traded bitcoin accumulation vehicles in the world.
Trump Media withdrew its bitcoin ETF filing as analysts pointed to fee pressure, weak demand and fierce competition in the crowded spot bitcoin ETF market.
After dropping nearly $1 billion on the Bitcoin treasury firm co-founded by Tether, Japanese investment firm SoftBank has been bought out.