Posts published on May 8, 2025 go to media archive 1/4

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud.  Celsius Mashinsky Faces Justice The proceedings took place before US District Judge…

CleanSpark Reports $181.7M in Q2 Revenue, Stays on Course to Hit 50 EH/s Bitcoin Mining Target

Bitcoin Magazine CleanSpark Reports $181.7M in Q2 Revenue, Stays on Course to Hit 50 EH/s Bitcoin Mining Target CleanSpark, American Bitcoin mining company, announced its financial results for the second quarter of fiscal year 2025, reporting…

Bitcoin options could pave the path for new BTC price highs — Here is how

Key takeaways:97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price.Short covering above $105,000 could trigger a Bitcoin price rally to new highs.Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest…

Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates

Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space.Traders are confident that $100,000 will hold as support.Bitcoin (BTC) price rallied above $100,000 on the heels of…

XRP Price Repeating History? 2017-Like Rally To Send Price To $10

Crypto analyst ArShevelev has raised the possibility of history repeating itself for the XRP price. If so, the analyst indicated that the altcoin could witness a 2017-like rally, which would send its price to double digits.  XRP Price To Reach $10…