Bitcoin mining firm BitFuFu posted a record-setting month in May, boosting its hashrate under management to 34.1 exahashes per second (EH/s) and producing 400 BTC, up 91% from April.Most of…
The Ethereum Foundation is adopting a more structured and transparent treasury policy that ties operational costs and cash needs to its Ether reserves and sales to strengthen its financial position…
The Russian Central Bank has unveiled plans to allow domestic corporations to buy foreign stablecoins, but looks set to bar them from buying USDT and USD Coin (USDC).Per an official…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureThe Dogecoin price is facing significant bearish pressure, declining by over 12% this past week, as it struggles…
Reason to trust
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Crypto-friendly Lee Jae-myung was elected as South Korea's new president on Wednesday, defeating the incumbent Conservative Party's leader Kim Moon-soo.During the election Lee made a number of promises to South…
Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range.The USDC (USDC) stablecoin manager said on…
Bitcoin is trading just below $105,000, but beneath the surface, momentum is building. From a Trump-backed ETF filing to Russia’s push against the U.S. dollar and Binance’s explosive growth, global…
In brief
Circle and its shareholders sold 34 million shares, raising $1.1 billion in an upsized offering.
The deal values the firm at $6.9 billion on an outstanding share basis, and $8.1…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureGiven the ongoing weakness in the broader market, Bitcoin is seeing waning price action, as the flagship asset…