Day: May 28, 2025

Bitcoin cements its haven asset reputation. Is the “means of exchange” narrative still alive?

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Bitcoin has always been compared to gold. As time went by, the safe haven reputation of Bitcoin only strengthened. However, Bitcoin was conceived as an alternative cash system, and Bitcoin enthusiasts still greet businesses that have started accepting bitcoins. What are the chances that Bitcoin will eventually become a regular means of exchange? Safe haven assets: Bitcoin and gold Gold has been recognized as a safe haven for a long time, meaning that it successfully preserves value in times of financial turbulence, serving as a strong hedge against inflation. Bitcoin,…

Two crypto investors charged with kidnapping and torturing a man for his Bitcoin password

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Police have apprehended two crypto investors who were allegedly involved in the kidnapping and torturing of an Italian man in a Manhattan townhouse. The victim claimed his captors forced him to reveal his Bitcoin account password. According to a recent report by AP News, 32-year-old William Duplessie has surrendered to the police over the alleged kidnapping of a man who claimed he was tortured for weeks in a posh New York townhouse by crypto investors seeking to extort his Bitcoin (BTC) funds. Duplessie is the second alleged culprit to be…

Bitlayer Teams up With Major Bitcoin Mining Pools to Achieve ‘First’ BitVM Implementation

Bitlayer has formed partnerships with three bitcoin mining pools—Antpool, F2pool, and Spiderpool—to enhance the implementation of the Bitcoin Virtual Machine (BitVM) and the BitVM Bridge. Aligning Mining Operations With Bitcoin’s Evolution Bitlayer, a Bitcoin layer two (L2) solution, has announced key partnerships with three major bitcoin mining pools to advance the real-world implementation of the […] Source CryptoX Portal

FOMC MEETING CRYPTO MARKET REACTION

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Support the stream: #crypto #xrpnews #xrp 🚨ARTICLE LINKS🚨 This is not investment advice and is meant purely for entertainment purposes. Let’s talk stats and numbers regarding Stellar Lumens XLM and Ripple Labs XRP. Nothing related to the FED or SEC stuff, more market stats. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Starknet launches Asset Runes to bring tokens to Bitcoin

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Starknet has launched a new feature called Asset Runes, allowing Bitcoin users to gain direct access to tokens like USDC without leaving the Bitcoin network.  Announced by Starknet on a May 27 post on X, Asset Runes seeks to expose Bitcoin (BTC) users to stablecoins, Ethereum-based assets, and real-world assets while maintaining all of the features that are unique to Bitcoin. Because each Asset Rune is backed by full reserves, users can redeem them 1:1. USD Coin (USDC) is currently the first supported asset, and Starknet (STRK), Ethereum (ETH), and…

US Set To Reign As ‘Bitcoin Superpower,’ Declares Trump’s Digital Assets Chief

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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 artículo también está disponible en español. At the Bitcoin 2025 Conference, a session titled “Making America the Global Bitcoin Superpower” conveyed a clear message: the United States is committed to embracing Bitcoin (BTC) and leading…

QCP Insights: Market Eyes Bitcoin 2025 Conference as Volatility Remains Elevated

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Bitcoin’s price remains range-bound between $107,000 and $110,000 as traders anticipate potential market-moving announcements from the Bitcoin 2025 Conference in Las Vegas. Elevated short-term volatility suggests caution, with historical precedents prompting defensive positioning. Traders Brace for Impact Ahead of Bitcoin’s Largest Annual Gathering Bitcoin‘s price action has been notably restrained, trading within a tight range […] Original

Dorsey’s Block to enable Bitcoin payments for nearly 4m Square merchants by 2026

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Block, Inc. has announced the launch of the long-awaited Bitcoin payments feature for merchants on Square. The Jack Dorsey-founded company revealed the move at the Bitcoin 2025 conference in Las Vegas on May 27, where the new feature was showcased at the BTC Inc. merchandise store. The rollout is expected to begin in the second half of 2025, with full availability anticipated in 2026 for all eligible Square sellers, pending regulatory approvals. The feature will allow merchants using Square hardware to accept Bitcoin payments via the Lightning Network, Bitcoin’s layer-2…

Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

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White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without a tax or adding to the growing national debt. Sacks told Gemini co-founders Cameron and Tyler Winklevoss during a May 27 fireside chat at the Bitcoin 2025 conference that while he “can’t promise anything,” a pathway does exist for the government to buy more Bitcoin (BTC). However, it would require convincing Commerce Secretary Howard Lutnick or Treasury Secretary Scott Besson to OK the…

Australian regulator takes former Blockchain Global director to court

Australia’s markets regulator has filed civil proceedings against Liang “Allan” Guo, the former director of Blockchain Global.  Guo will face the court on “allegations relating to multiple breaches of his directors’ duties,” the Australian Securities and Investments Commission said in a May 28 press release. ASIC alleged Guo made multiple breaches of directors’ duties relating to his dealings with ACX Exchange customer funds, and claimed he made false and misleading statements about those dealings and failed to maintain proper books and records.  The now-liquidated Blockchain Global operated the ACX Exchange…