Arizona Becomes Second State to Establish Strategic Bitcoin Reserve
Bitcoin Magazine Arizona Becomes Second State to Establish Strategic Bitcoin Reserve Arizona has made history by becoming the second state in the U.S. to create a Strategic Bitcoin Reserve. On Thursday, Governor Katie Hobbs signed House Bill 2749…
Are layer 2s good for Ethereum, or are they ‘extractive?’
Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security.But maybe they’ve become too successful, drawing chain activity and fee income from…
Missouri bill ending capital gains tax heads to governor for signature
Missouri House Bill 594, a bill that would eliminate capital gains tax in the US state, has passed a vote in the state House of Representatives and now heads to Missouri Governor Mike Kehoe's desk for signature.According to attorney Aaron Brogan…
Bitcoin Blasts Past $100K as Trump Hints at Global Trade Deals
Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The…
Maldives Makes a Risky Bet on a $9 Billion Crypto City to Diversify Its Economy and Challenge Asia’s Titans
Key Takeaways: Maldives is developing a $9B blockchain finance center to reduce its dependence on tourism. The project will triple GDP and generate 16,000 jobs in five years. It aims to compete with Dubai, Singapore and Hong Kong. The government of…
VWAPs Don’t Lie—XRP Faces Judgment Day At Monthly Support
XRP is drifting back to the lower boundary of a five-month trading range, yet the higher-time-frame structure remains intact, according to a daily chart published on May 7 by analyst Dom (@traderview2). The chart covers late-December 2024 through…
Sculpting Scarcity: Artist Maxfield Mellenbruch Brings Rare Steak Worth Millions To Bitcoin 2025
Bitcoin Magazine Sculpting Scarcity: Artist Maxfield Mellenbruch Brings Rare Steak Worth Millions To Bitcoin 2025 Maxfield Mellenbruch — an American sculptor, designer, and the creator of the iconic Kialara series — returns to the bitcoin stage…
Crypto.com Teams Up with Green Dot to Expand Banking and Crypto Access for U.S. Customers
Key Takeaways: Crypto.com users can fund accounts with cash at over 95,000 locations in the U.S. A savings vault will allow users to earn interest on USD funds. The Arc platform has been integrated for easy money movement and cash management…
Movement Labs Faces MOVE Token Delisting and Market‑Making Fallout
Key Takeaways: Coinbase will disable trading of the MOVE token on May 15, citing a routine listing standards review. A market‑making agreement with Rentech allegedly enabled a $38 million sell‑off and sparked conflict‑of‑interest concerns. Movem
Key Takeaways: Bipartisan leaders have agreed to expedite a vote on the Stablecoin Trust and Transparency Act (STTA) within days. The STTA would mandate full dollar‑equivalent reserves, Treasury registration, and independent audits for stablecoin…
Bitcoin price reclaims $100K for first time since January
Bitcoin has reclaimed the $100,000 price level for the first time since January, reflecting renewed bullish sentiment among investors.Bitcoin (BTC) reclaimed the $100,000 mark on May 8 at 3:22 pm UTC, surging 4.2% from the intraday low of $95,967…
Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B
Bitcoin Magazine Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the…
Standard Chartered Analyst Apologizes For $120K Bitcoin Price Prediction, Says It Is Too Low
Bitcoin Magazine Standard Chartered Analyst Apologizes For $120K Bitcoin Price Prediction, Says It Is Too Low Standard Chartered’s Head of Digital Assets, Geoffrey Kendrick, is rethinking his bullish bitcoin forecast, and not because he was too…
Ex-Celsius CEO asks to travel for a wedding after sentencing
Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing.In a May 8 filing in the US District Court for the Southern District of New York, Judge…
Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent
A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s…
HTX and Justin Sun Launch $6M Mars Program Special Edition, Offering One User a Historic Space Journey
This content is provided by a sponsor. PRESS RELEASE. Singapore, May 8, 2025 – HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage…
User experience could be crypto’s superpower—or its kryptonite
Opinion by Jonathan Farnell, CEO of FreedxIt’s 2025, and over 560 million people worldwide are already using cryptocurrency — roughly 17 times the population of Tokyo. That’s a vibrant community, yet for every user who’s…
Staking’s Roadmap: POSA Playbook Meets the Push for SEC Clarity
Key Takeaways: POSA Playbook establishes unified best practices for staking providers across security, transparency, governance and resilience. Over thirty leading crypto organizations have petitioned the SEC to clarify that staking is a network…
Visa and Bridge Partner to Make Stablecoins Accessible for Everyday Purchases
Key Takeaways: Visa and Bridge enable seamless stablecoin-backed Visa cards through a single API integration Initial rollout in six Latin American countries, with Europe, Africa and Asia slated for late 2025 Users transact USDC, USDP and other…
Ethereum ‘Extremely Undervalued Against BTC’ – Supply Pressure May Delay Recovery
Ethereum has finally broken through a key resistance level, trading above $1,900 after pushing past the long-standing $1,850 barrier. This move marks the beginning of a breakout many hoped for—but few expected to arrive so soon. After weeks of…
Roswell, New Mexico Launches Strategic Bitcoin Reserve
Key Takeaways: Roswell establishes the first municipal Bitcoin reserve in the U.S. Initial donation of 0.0305 BTC ($2,900) kick-starts the fund. BTC holdings are locked for a minimum of 10 years, with strict drawdown rules. Reserve proceeds…
Stripe Integrates Stablecoins and AI Technology – Will AI Agent Coins Like $MIND Benefit?
Stripe, the global payment solution provider, has launched Stablecoin Financial Accounts. It’s a new feature that will allow users to hold cryptocurrencies in the form of stablecoins. Currently, Stripe only supports two dollar-denominated…
Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance
Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New…
U.S. OCC Verifies Banks Can Trade and Provide Crypto Custody Using Third Parties
Key Takeaways: Banks can now trade crypto for customers under the customer’s direction, according to the OCC. Outsourcing to third-party crypto service providers is permitted with proper risk management. Custody services may include trade…
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The…
Key Takeaways: Reaching a high of $99,222.22, Bitcoin has crossed the $99,000 barrier for the first time since March. Gaining 2.70% in the last 24 hours, the rise follows almost three months of consolidation. Increased trading activity is driving…
Crypto Consolidation: Coinbase to Acquire Deribit for $2.9B
Coinbase Global has agreed to acquire Deribit, the world’s largest bitcoin and ether options platform, for approximately $2.9 billion in cash and stock. $2.9 Billion Deal: Coinbase Buys Top Bitcoin Options Platform The deal, if finalized, will mark…
Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held
Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s…
An Excerpt From I Am Not Your Bruh: Parenting Is Progress, Not Perfection
Bitcoin Magazine An Excerpt From I Am Not Your Bruh: Parenting Is Progress, Not Perfection Parenting isn’t rocket science. It’s much harder. With all due respect to rocket scientists, the implications of a failed launch are far less consequential…
Coinbase to acquire options trading platform Deribit for $2.9B
Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.Coinbase Global will acquire Deribit for about $2.9 billion, the…
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