Category: Bitcoin News

Capital B deploys newly raised funds into $15.1M bitcoin purchase

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Capital B has expanded its bitcoin treasury after deploying newly raised capital into the purchase of 192 BTC worth €13 million ($15.1 million). Summary Capital B purchased 192 BTC for €13 million after completing three capital raises worth about €17.15 million. The France based company now holds 3,135 BTC acquired at an average purchase price of $105,270 per bitcoin. In a Monday announcement, Capital B said the latest acquisition followed the completion of three separate capital increases that brought in roughly €17.15 million ($20 million). The France-based company stated that…

Five leading free Bitcoin mining platforms worldwide in 2026: Daily rewards, beginner-friendly

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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. BM Blockchain gains attention as beginners explore simpler Bitcoin cloud mining options in 2026. Summary New crypto users are exploring cloud mining platforms to access Bitcoin mining without hardware or electricity costs. BM Blockchain offers the best beginner-friendly cloud mining with AI-powered computing allocation and a $108 welcome reward. BM Blockchain, NiceHash, ECOS, and Bitdeer are gaining attention as simplified mining platforms for beginners in 2026. With Bitcoin drawing…

Crypto ATM operator Bitcoin Depot files for bankruptcy months after leadership overhaul

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Nasdaq-listed crypto ATM operator Bitcoin Depot has filed for Chapter 11 bankruptcy protection in Texas as mounting regulatory pressure and financial losses pushed the company toward an orderly shutdown. Summary Bitcoin Depot has filed for Chapter 11 bankruptcy and taken its global crypto ATM network offline as regulatory pressure intensified across multiple U.S. states. The company said stricter compliance rules, enforcement actions, and litigation against crypto ATM operators made its business model unsustainable. Revenue at Bitcoin Depot fell 49.2% year over year in the first quarter of 2026, while the…

Bitcoin price falls under $77K as ETFs record $1B outflows

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U.S. spot Bitcoin ETFs recorded more than $1 billion in cumulative net outflows over the past week as institutional investors reduced exposure to the asset. Summary U.S. spot Bitcoin ETFs recorded over $1 billion in cumulative net outflows last week as institutional demand for crypto exposure weakened sharply. Bitcoin fell below the $77,000 support level after over $661 million in crypto liquidations wiped out heavily leveraged bullish positions. Rising inflation concerns and WTI crude prices above $107 added pressure on risk assets as traders reduced expectations for Fed rate cuts.…

Iran eyes Bitcoin linked insurance model for Strait of Hormuz shipping: report

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Iran has reportedly explored an insurance-based system for ships crossing the Strait of Hormuz, while unverified claims about Bitcoin-linked payments have added fresh uncertainty around how the wartime transit regime could operate. Summary Iran has reportedly explored an insurance system for ships crossing the Strait of Hormuz, with speculation emerging around possible Bitcoin-based payments. Fars News denied reports that Tehran is already collecting crypto tolls, even as shipping firms face scam messages demanding Bitcoin or USDT for safe passage. U.S. authorities recently froze $344 million in USDT tied to Iran,…

‘Clock Is Ticking’ – Bitcoin News

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Key Takeaways Trump warned Iran on Truth Social on May 17, 2026, after a call with Netanyahu, adding pressure to stalled ceasefire talks. Hyperliquid oil perps xyz:WTIOIL and xyz:BRENTOIL topped $102 and $106, with combined open interest above $481 million. Trump convenes the Situation Room on Tuesday to weigh military options if Iran fails to reopen the Strait of Hormuz. Bitcoin hit an intraday low of $76,690 amid the U.S.-Iran war talk escalation. Oil Prices Stay Above $100 as Trump Warns Iran Time Is Running Out on Ceasefire Deal Trump…

Robert Kiyosaki Reinforces Bullish Bitcoin Outlook Amid Inflation Warning – Bitcoin News

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Key Takeaways Kiyosaki linked bitcoin ownership to inflation protection, debt concerns, and weakening fiat currencies. His outlook includes BTC at $250,000, alongside higher gold and silver targets. Entrepreneurs may need advisers, discipline, and hard assets as currency pressure builds. Kiyosaki’s Bitcoin Bull Case Extends Beyond Market Forecasts Robert Kiyosaki combined entrepreneurship and bitcoin investing in two messages on X last week, tying advisory networks, inflation concerns, and hard assets into a broader wealth-preservation strategy. In a May 16 post, the Rich Dad Poor Dad author described lifelong learning and trusted…

Iran Launches Hormuz Safe, Claims $10B Revenue – Bitcoin News

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Key Takeaways Iran’s Ministry of Economy reportedly launched Hormuz Safe on May 16, 2026, targeting $10B in annual revenue. Hormuz Safe will ostensibly settle maritime insurance policies in bitcoin, raising U.S. sanctions compliance concerns for cargo operators. The platform covers Persian Gulf and Strait of Hormuz transits, with policy terms and war-damage exclusions still evolving. Fars News Reports Iran Has Launched Hormuz Safe, a Bitcoin-Based Maritime Insurance Platform for Strait of Hormuz Shipping The story started gathering virality on social media Sunday evening after 4 p.m. ET, with users sharing…

Peter Schiff Tells VRIC Media the US Economy Is Heading Into Its Worst Inflation Yet – Bitcoin News

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Key Takeaways Peter Schiff warns that the Fed’s balance sheet expanded by over $200 billion in 2025, signaling a return to quantitative easing. Schiff calls STRC a “classic centralized Ponzi,” warning retirees could lose principal on Strategy’s 11.5% preferred stock. With 30-year Treasury yields potentially hitting 8%, Schiff sees gold, silver, and mining stocks as the primary hedge through 2026. Gold Advocate Peter Schiff Predicts $20,000 Gold Price Over the Next Decade During the interview, Schiff pointed to the year-over-year CPI reading of 3.8%, up from 3.3% the prior month,…

Prediction Markets Bet $5.5M on the Most Expensive US House Primary Ever – Bitcoin News

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Key Takeaways Polymarket and Kalshi traders have moved $5.5M in combined volume on KY-04, with Gallrein at 52%. Super PACs backing Gallrein have spent $14M+, making KY-04 the costliest U.S. House primary ever. Massie trails Gallrein 43% to 48% in polling, with the May 19 outcome hinging on turnout. Gallrein Pulls Ahead of Massie on Polymarket and Kalshi in Kentucky House Race On Polymarket, the KY-04 Republican Primary Winner market has drawn $1,417,372 in total trading volume. Gallrein currently holds a 52% implied probability of winning, with shares priced at…