MicroStrategy, the giant corporate bitcoin holder that is now called “Strategy”, is expanding its already huge bitcoin purchasing plan. It announced plans to raise $84 billion over the next 2 years — all to buy even more bitcoin. The new plan is called the “42/42 Capital Plan” and will raise $42 billion from stock sales…
Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported. The Dubai-based company joins firms like OKX and Nexo in targeting the US after…
Ethereum co-founder Vitalik Buterin announced on May 3, 2025, a five-year plan to simplify Ethereum’s protocol, calling the Bitcoin network “beautifully simple” in his blog post “Simplifying the L1,” as he aims to make Ethereum easier to understand and more secure for users holding bitcoin and other cryptocurrencies. Buterin proposed a simpler consensus system with…
Concordium CEO Boris Bohrer-Bilowitzki warns that excessive dollar dependence could lead to systemic instability, stressing the need for multi-currency diversification. He envisions stablecoins playing a key role in payment finance (PayFi), offering instant settlements, lower fees, and programmability. Stablecoin Concentration Around a Single Currency Presents Risks The stablecoin market has been overwhelmingly dominated by USD-pegged…
BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment Platforms Foreign ministers from the BRICS countries highlighted their commitment to shifting away from reliance on dominant global currencies…
Crypto is set to devour traditional finance as Coinbase sharpens its focus on decentralized systems, driving a seismic shift in how global financial services are built. Armstrong Says Crypto Will Eat Finance—Coinbase’s Strategy Just Got Clearer Brian Armstrong, chief executive officer of crypto exchange Coinbase (Nasdaq: COIN), reinforced the company’s long-term vision for the industry…
Arizona’s chance to pioneer crypto-driven public finance was abruptly halted as the governor axed a game-changing bill that would’ve let state retirement funds buy bitcoin. Arizona Governor Kills Bitcoin Bill for Public Crypto Investment Arizona Governor Katie Hobbs vetoed Senate Bill 1025 on May 2, blocking a legislative proposal that would have allowed public funds—including…
Apple has updated its U.S. App Store guidelines to allow apps to link to external payment systems, a shift welcomed by the crypto community for enabling NFTs, wallets, and decentralized finance (DeFi) platforms to bypass Apple’s fees. Apple’s App Store Rule Change Opens Door for Crypto Transactions via External Links The changes, effective May 2,…
Roughly 40 days ago, Bitcoin.com News disclosed that the Royal Government of Bhutan, via Druk Holding and Investments (DHI), had moved 600 BTC, and at the time, held a balance of 10,070 BTC. Since that report, Bhutanese officials have evidently parted ways with 2,584 BTC—shedding approximately $248 million in digital assets. Bhutan’s Bitcoin Hoard Shrinks…
Main Takeaways:- Ethereum ETFs resolved last week of April in favour of rising inflows. ETH generates greater weekly returns than Bitcoin in a shocking shift of programmes. Exchange outflows outpace inflows as demand increases. Ethereum ETF flows were currently in the fall short of expectations, which highlighted weak institutional interest. But a few days later,…
