Two Prime Ditches Ethereum for Bitcoin, Citing ‘Meme Coin’ Behavior
In brief Algorithmic trading firm Two Prime has exited Ethereum entirely, calling it “statistically broken.” ETH is down 51% YTD and trading below $1,850, while Bitcoin is near its all-time high and dominates ETF inflows with over $115B in assets. The firm cited Solana’s appeal and Ethereum’s leadership stagnation, saying ETH has lost focus. Ethereum […]
Purpose-Built by Developers to Simplify Cash and Crypto Connection
MIAMI, May 2, 2025 /PRNewswire/ — MoneyGram, a leading global payments network for consumers, businesses and communities, today announced the launch of MoneyGram Ramps, a developer-centric API that enables fast, compliant cash-to-crypto and crypto-to-cash integration through a single implementation. Introducing MoneyGram Ramps The latest evolution of […]
8 Lessons In Bitcoin Treasury Strategy From The Strategy (MSTR) Q1 Call – Bitcoin Magazine
8 Lessons In Bitcoin Treasury Strategy From The Strategy (MSTR) Q1 Call Bitcoin Magazine MicroStrategy Loss Widens as Revenue Falls; Crypto Holdings Struggle WSJ MicroStrategy Has a Plan to Buy Even More Bitcoin. It’s Ambitious but Not ‘Out of the Question.’ Barron’s Saylor’s Strategy Posts a Record Loss After Accounting Change Bloomberg.com Strategy Announces First Quarter 2025 Financial Results Business […]
Cboe Clear Europe Expands its Clearing Services to Include Cryptocurrency-backed Exchange-traded Products (ETPs)
Cboe Clear Europe is pleased to announce the expansion of its clearing services to include cryptocurrency-backed exchange-traded products (ETPs), following recent regulatory approval. ETPs eligible for clearing will be required to meet specific criteria based on market capitalisation, and underlying asset availability and product types, including Bitcoin, Ethereum, Tether, XRP, and BNB. We will now […]
Britain to ban consumers borrowing to buy cryptocurrencies – Financial Times
Britain to ban consumers borrowing to buy cryptocurrencies Financial Times UK sets out new rules for crypto as it aligns with US on approach Reuters Britain at risk of losing ground to rival fintech and crypto hubs, execs warn CNBC UK’s FCA Seeks Public and Industry Views on Crypto Regulation CoinDesk Which Is the Top Cryptocurrency to Buy If […]
5 Must-Know Risks Before You Buy Bitcoin in May – Nasdaq
5 Must-Know Risks Before You Buy Bitcoin in May NasdaqView Full Coverage on Google News Source link
Crypto ‘decoupling’ story ends as stocks follow Bitcoin’s rally
Key takeaways: Despite weak US manufacturing data, Federal Reserve liquidity plans and strong corporate earnings keep equities and crypto afloat. The total crypto market capitalization rose 8.5% since March. Cryptocurrency traders have frequently zoomed in on the need for crypto to show a clear “decoupling” from the stock market, and over the past 10 days, […]
CleanSpark faces backlash over Bitcoin mining site in Mountain City, Tennessee
Bitcoin mining firm CleanSpark has received backlash from local residents regarding its proposal to expand its mining operations in Tennessee. The proposed expansion would see CleanSpark construct a 30MW facility on a 50-acre parcel of land situated at 178 Rainbow Road in Mountain City. Mountain Electric General Manager, Rodney Metcalf, spoke up in favor of […]
UK to ban buying bitcoin on credit card; stocks rise on hopes of US-China trade talks – business live | Business
UK considers banning borrowing to buy cryptocurrencies The UK is considering banning borrowing to invest in cryptocurrencies like bitcoin, amid concerns that it could lead people into a debt spiral. The Financial Conduct Authority (FCA) shared details of a potential clampdown on cryptoassets, including forcing companies to be based in the UK if they deal […]
‘We’re building in the US’ – DL News
Block posted nearly $2.3 billion in gross profit in the first quarter. Its Proto Bitcoin chip is being built in the US to hedge against tariff risks. Full-year profit guidance was cut amid soft spending and macro pressure. Donald Trump’s roller coaster trade war has rattled Bitcoin miners and chip producers, but Block is betting […]