Category: Bitcoin News

Kraken rolls out Bitcoin Vault yield product for long-term BTC holders

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Kraken has launched Bitcoin Vault, an on-chain yield product on Kraken Earn that lets users keep spot exposure to bitcoin while earning BTC‑denominated returns sourced from DeFi strategies. Summary Bitcoin Vault allows users to earn on-chain yield in BTC without managing DeFi strategies themselves. The product targets long-term bitcoin holders via the existing Kraken Earn and Auto Earn infrastructure. It expands Kraken’s broader push into yield products, alongside DeFi Earn vaults and BTC staking integrations. According toreports, Kraken has unveiled a new Bitcoin Vault product that sits inside Kraken Earn…

SoFi Launches SoFiUSD Stablecoin for 15 Million Members as First US Bank on a Banking App – Bitcoin News

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Key Takeaways SoFi Bank launched SoFiUSD on May 27, 2026, making it the first U.S. national bank-issued stablecoin available on a banking app. Nearly 15 million SoFi members can now buy, hold, and convert SoFiUSD on Ethereum and Solana, with Bullish exchange access coming soon. SoFi plans to add FDIC-insured tokenized deposits and 24/7 cross-border transfers within weeks, expanding stablecoin utility across its full ecosystem. SoFi Opens SoFiUSD to 15 Million Users, Targets Cross-Border Transfers and Bullish Listing The San Francisco-based company announced the launch on May 27, giving members…

Bullish sentiment around Bitcoin intensifies as BTC holders turn attention to SHRMiner’s free cloud mining service

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SHRMiner gains traction as crypto investors seek cloud mining platforms offering passive income without hardware costs. Summary Cameron Winklevoss, Michael Saylor, and Anthony Pompliano continue linking rising government debt with Bitcoin’s scarcity narrative. SHRMiner launched a free cloud mining service for BTC, XRP, DOGE, LTC, and ETH holders seeking passive crypto income. SHRMiner’s new mobile app lets users manage cloud mining activities remotely without hardware or technical expertise. The…

Bitcoin Japan Corporation invests in SpaceX ahead of planned IPO

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Tokyo-listed Bitcoin Japan Corporation has invested in SpaceX through a U.S.-based private secondary market transaction tied to digital infrastructure and AI expansion. Summary Bitcoin Japan Corporation has invested in SpaceX through a private secondary market transaction handled by its U.S. subsidiary. The company said the investment fits its long-term focus on AI infrastructure, satellite communications, and digital connectivity sectors. SpaceX has remained in focus across crypto markets after disclosing holdings of 18,712 Bitcoin ahead of its planned Nasdaq listing. According to a press release shared with crypto.news, Bitcoin Japan made…

RAIN Climbs 44% After Rain Foundation Builds $100M Liquidity Base for Traders – Bitcoin News

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Key Takeaways RAIN surged 44% to a record $0.01195 after a $100 million injection from the Rain Foundation on May 26. Rain became the No. 3 prediction market by TVL, trailing only Polymarket and Kalshi. Observers debate whether RAIN’s built-in burn mechanism can offset its massive 1.15 trillion max supply. Rain Token Hits All-Time High The native token of the prediction markets protocol Rain jumped 44% to reach an all-time high of $0.01195 just hours after the Rain Foundation injected $100 million into the platform. The surge allowed RAIN to…

Dormant Bitcoin whale burns over $8M in BTC as price touches $75K

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A dormant Bitcoin whale has burned more than $8 million worth of BTC after moving funds that had reportedly remained inactive for over a decade. Summary Dormant Bitcoin wallets transferred 107 BTC worth roughly $8.3 million to a burn address after nearly 11 years of inactivity, according to Lookonchain. AMLBot said the transactions may be linked to Mt. Gox-era wallets, with the Bitcoin permanently removed from circulation after being sent to an unrecoverable address. Bitcoin traded near $76,000 while remaining below key resistance levels, as traders watched a possible golden…

Trump Defends Prediction Markets and Bitcoin in Truth Social Post Praising CFTC’s Selig – Bitcoin News

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Key Takeaways Trump backs CFTC Chairman Michael Selig’s federal authority over prediction markets, rejecting state-level bans in 2026. NY AG Letitia James, Gov. Tim Walz, and Gov. JB Pritzker each moved to restrict prediction market platforms this year. Trump links U.S. prediction market dominance to crypto leadership, warning foreign rivals are targeting both sectors. Trump Backs CFTC Chairman Selig on Prediction Markets, Warns States to Stand Down On Truth Social, Trump directed his criticism at four officials by name, calling former New Jersey Gov. Chris Christie, New York Attorney General…

SpaceX Expected to Become Largest Public Company Holding Bitcoin

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Key Takeaways Grayscale said Elon Musk’s SpaceX could become the most valuable public company holding bitcoin. Diversified businesses may increase BTC allocations as treasury-focused firms dominate current rankings. SpaceX’s IPO could expand investor visibility into corporate bitcoin balance-sheet strategies. SpaceX IPO Could Reshape Corporate Bitcoin Rankings Crypto asset manager Grayscale Investments said in a blog post on May 26 that Elon Musk’s SpaceX is poised to become the most valuable public company holding BTC, after its expected initial public offering (IPO) in June. Michael Saylor’s Strategy would likely remain the…

Blackrock IBIT Dark Pool Trade Tops $1.29 Billion as Bitcoin Stays Flat Above $75,000

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Key Takeaways Blackrock’s IBIT saw a $1.29B dark pool block trade on May 26, 2026, the largest single institutional bitcoin ETF print on record. Galaxy Research’s Alex Thorn estimated the trade equaled roughly 16,400 BTC, yet IBIT closed up slightly at $42.99. Wednesday ETF flow data will confirm whether the trade triggers record single-day bitcoin ETF outflows or reflects simple rebalancing. As of publication, the stats have not been released. Blackrock Bitcoin ETF Sees Largest Institutional Block Trade According to several reports, the order was executed around 10:30 a.m. ET…

Smarter Web Adds Bitcoin Below Cost Basis as Leverage Questions Grow

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The Smarter Web Company has increased its Bitcoin holdings after buying another 10 BTC, adding to its growing treasury strategy. Summary The Smarter Web Company purchased 10 more Bitcoins and raised its total holdings to 2,869 BTC. The company used its Coinbase credit facility to support its Bitcoin treasury strategy while keeping leverage at about 12.19%. The latest purchase places the firm among publicly listed Bitcoin treasury companies expanding their BTC reserves. The Smarter Web Company said in a May 26 disclosure that it purchased 10 Bitcoin at an average…