Day: May 28, 2025

Australian Regulator Sues Blockchain Global Ex-Director

Key Notes ASIC sues former Blockchain Global director for breaching director duties. Allegations include misuse of ACX Exchange customer funds. Guo left Australia after the travel ban expired and hasnโ€™t returned. The Australian Securities and Investments Commission (ASIC) has filed civil proceedings against Blockchain Globalโ€™s former director, Mr Liang โ€œAllanโ€ Guo. The filing states that Guo allegedly committed โ€œmultiple breaches of his directorsโ€™ duties.โ€ ASIC disclosed in a press release dated May 28 that Mr. Guo had breached his duties as a director by conducting transactions involving ACX Exchange customer…

Trump Mediaโ€™s Stock Drops Despite $2.5 Billion Bitcoin Treasury Announcement

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Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional investors, marking one of the largest allocations of Bitcoin treasury assets by a public company. However, the announcement was met with a mixed market response, as shares of Trump Media closed 10% lower on the same day. Trump Media Secures $2.5 Billion For Bitcoin Treasury The substantial funding includes $1.5 billion in common stock and $1 billion in convertible notes, with the proceeds designated for the purchase of bitcoin, which will now be a core asset in…

Metaplanet to Buy More Bitcoin via 0% Bond Issuance

Japanese financial firm Metaplanet is preparing to acquire another batch of Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B with a new debt offering. The company plans to raise $50 million through zero-interest bonds to boost its Bitcoin holdings. Notably, the firm said it has secured Evo Fund as the sole subscriber to the proposed bond issuance. Terms of Metaplanetโ€™s Latest Bond Issuance The company announced the private placement of bonds on May 28, stating that the bonds are issued in $1.25 million…

El Salvador Secures $120M IMF Payment Amid BTC Buys

Key Notes The IMF emphasized that government-owned Bitcoin holdings must remain unchanged. Despite IMF conditions, El Salvador’s Bitcoin Office revealed the purchase of 30 BTC in the past month, bringing its reserves to 6,190.18 BTC. While adhering to the IMF performance criteria, El Salvador may explore non-governmental entities for Bitcoin acquisition. El Salvador, the first country to make Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B a legal tender, has successfully secured a $120 million payment from the International Monetary Fund (IMF), following…

Inverse James Wynn Nets $9M โ€” BTCโ€™s Top Signal?

Key Notes An anonymous trader has been making profits by inverting James Wynnโ€™s trades. The trader has made $9 million in the past week. Wynn is already down $4.5 million on his latest trade. Betting against billionaire trader James Wynn might not seem logical to most, but an anonymous trader has been making huge profits from it. According to data from HyperDash, the โ€œ0x2258โ€ address has made a $9 million profit while betting against Wynnโ€™s moves over the past seven days. When Wynn went long, trader 0x2258 placed a short…

AMINA Bank Posts Record $40.4M Revenue in 2024

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Swiss crypto bank AMINA Bank AG, formerly SEBA Bank AG, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million. The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release. The Zurich-based bank credited the growth to its multi-jurisdictional footprint, 24/7 trading capabilities and a lending book that has maintained zero defaults over five years. โ€œIโ€™m incredibly proud of our teamโ€™s tenacity and focus, which led to…

Whales Accumulate ETH as CEX Outflows Rise โ€” $4K Ahead?

Key Notes ETH sees increased investor interest with a 40% jump in 24-hour trading volume. Large ETH withdrawals from exchanges by new wallets suggest strategic accumulation. Whales have collectively added over 1 million ETH in the past month, indicating strong institutional confidence. Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B has been gaining momentum, now trading at $2,639 after rising 1.5% in the past 24 hours. The 24-hour trading volume has jumped 40% to $23.72 billion, suggesting rising investor interest. Notably, earlier on…

Stolen Crypto Traced: Ugandan Police Arrest Suspect in Blockchain Educatorโ€™s Abduction

Ugandan law enforcement has arrested Phineous Biira, a suspect in the abduction of crypto educator Festo Ivaibi on May 17. Suspect Has Criminal Record Ugandan law enforcement has arrested one of the suspects involved in the abduction crypto trader and educator Festo Ivaibi on May 17. The arrest occurred after forensic experts traced the stolen [โ€ฆ] Source CryptoX Portal

XRPโ€™s Future in 2025 ๐Ÿš€

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿ’ฐ @davincij15 is a must follow for crypto tips!๐Ÿ’น โ€”โ€” Despite my skepticism, XRP could still see gains ๐Ÿค” With a strong market, XRP might rise past $1, possibly reaching up to $2.11 by 2025 if buyers keep the momentum โ€”โ€” ๐Ÿค‘Follow @davincij15 for crypto tips!๐Ÿ’ต โ€”โ€” #Bitcoin #Crypto #Davincij15 #Cryptoworld #Cryptoeducation #XRP #Ripple #CryptoPrediction โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Price Could Rally To $12 If History Repeats Itself

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artรญculo tambiรฉn estรก disponible en espaรฑol. Dogecoin has yet to hit its previous $0.74 all-time high from 2021, but nevertheless, $1 has remained the target for the altcoin this cycle. This is due to the…