IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan

The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s... Read more »

Hyperliquid’s Wynn has $99M Bitcoin liquidation

Key points: Bitcoin profit-taking is in full swing, but this can end up sustaining the bull market, Santiment research argued. Coins are spending increasingly less time in wallets, but the market is... Read more »

Metaplanet Issues $21M in Bonds a Day After $50M Bitcoin Raise

Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its Bitcoin... Read more »

Metaplanet issues $50M in zero-interest bonds to boost Bitcoin holdings

Japanese investment company Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its strategy to increase its Bitcoin exposure.  In a May 28 announcement, the company... Read more »

Bitcoin long-term holders accumulate as price dips to $109K

Bitcoin markets recently experienced two major liquidation events, causing a cascade of forced selling from over-leveraged traders, but analysts say a distinct pattern has emerged. “Overleveraged short-term traders were flushed out, long-term... Read more »

Crypto ETPs see $3.3B weekly inflows, top $10.8B year-to-date

Cryptocurrency investment products saw a sharp increase in inflows last week, driving the year-to-date total above $10 billion, according to data from European crypto investment manager CoinShares. Global crypto exchange-traded products (ETPs)... Read more »

Crypto investor charged with kidnapping, torturing an Italian for passwords

A Manhattan crypto investor is facing serious charges after allegedly kidnapping and torturing an Italian man in a disturbing bid to extract access to digital assets. John Woeltz, 37, was arraigned on... Read more »

Bitcoin treasury companies will hold ‘way more’ than Bitcoiners expect: Exec

Moon Inc. head of Bitcoin strategy Jesse Myers says that Bitcoin holders are underestimating the significant amount of Bitcoin that corporations will accumulate by 2045. “Bitcoin Treasury Companies will hold 50% of... Read more »

Bitcoin open interest hits record high as BTC slips below $111K

Bitcoin futures open interest (OI) has hit record levels on crypto derivatives exchanges as traders anticipate the cryptocurrency will continue and reach new all-time highs.  Bitcoin (BTC) futures open interest reached a... Read more »

Hyperliquid sees $1.1B Bitcoin long bet opened at 40x leverage

A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be the... Read more »