U.S.-listed Bitcoin exchange-traded funds (ETFs) have hit a new record, surpassing $41 billion in total net inflows since their January 2024 debut, according to fresh data from Farside Investors. The milestone marks a sharp reversal for the asset class, which suffered heavy outflows earlier this year amid global trade tensions and market volatility. Monday’s trading
Jesse B.
Jesse is an engineering graduate and former business owner with hands-on experience in the crypto space. After running her own business, she transitioned into researching and writing about blockchain technology, decentralization, and the future of digital economies. Having worked with various crypto projects, she offers valuable insights into the expanding Web3 ecosystem.
Newly launched Bitcoin investment firm Twenty One Capital has made an aggressive market debut by acquiring 4,812 BTC—worth approximately $458.7 million. The buy-in, filed with regulators on Tuesday, was structured through a private investment in public equity (PIPE) linked to a convertible notes offering. Tether facilitated the acquisition shortly after the company’s incorporation, initially holding
Tether-Backed Twenty One Capital Buys $458M in Bitcoin
Arizona Governor Katie Hobbs has vetoed two legislative proposals aimed at expanding the state’s crypto exposure, citing ongoing market volatility. Announced Monday, the decision coincided with her approval of a separate bill regulating cryptocurrency ATMs. One vetoed proposal, Senate Bill 1373, sought to establish a Digital Assets Strategic Reserve Fund, which would have allowed the
Arizona Governor Vetoes Two Crypto Bills, Signs ATM Fraud Bill
Australia has appointed Andrew Charlton as Assistant Minister for Science, Technology, and the Digital Economy, signaling the government’s intent to accelerate digital asset regulation and modernize its tech sector. Charlton will also serve as Cabinet Secretary, underscoring the strategic significance of his expanded portfolio. Prime Minister Anthony Albanese confirmed the appointment on Monday, describing Charlton
Australia Appoints Pro-Crypto Minister Amid Regulatory Overhaul
Coinbase Global (NASDAQ: COIN) is set to make history on May 19 as the first cryptocurrency-native company to be included in the S&P 500—one of the world’s most widely followed equity indexes. The crypto exchange will replace Discover Financial Services, which is being acquired by Capital One. The S&P 500 tracks the 500 largest publicly
Coinbase to Join S&P 500 in Milestone for Crypto Industry
Malaysia’s national electricity provider, Tenaga Nasional Berhad (TNB), is ramping up efforts to combat a staggering rise in electricity theft tied to illegal cryptocurrency mining operations. According to a company statement released Monday, reported cases of unauthorized electricity usage have soared nearly 300% over the past six years. In 2018, TNB recorded just 610 such
Malaysia Faces 300% Surge in Power Theft Linked to Illegal Crypto Mining
U.S.-based crypto custody firm BitGo has received regulatory approval from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to operate across all 27 EU member states under the newly enacted Markets in Crypto-Assets (MiCA) framework. This makes BitGo one of the first American digital asset companies authorized to provide custody services under the EU’s unified
BitGo Secures EU-Wide License to Serve Institutions Under MiCA Framework
A coalition of 20 Senate Democrats has introduced sweeping legislation aimed at curbing potential conflicts of interest in the cryptocurrency sector, particularly among high-ranking U.S. government officials. The proposal—titled the End Crypto Corruption Act of 2025—would impose strict limitations on digital asset involvement for federal leaders and their families. Under the bill, individuals holding senior
Democrats Introduce Legislation to Restrict Crypto Activities by Government Officials
The White House says “substantial progress” has been made in trade negotiations with China, but investors are holding back celebration as details remain scarce. In a joint statement issued on May 11, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer described the two-day discussions in Geneva as “productive,” with a promise to release
White House Touts ‘Substantial Progress’ in China Trade Talks
Goldman Sachs has significantly expanded its stake in BlackRock’s iShares Bitcoin Trust (IBIT), increasing its holdings by 28% amid a historic surge of inflows into the fund. The move cements Goldman’s position as IBIT’s largest known institutional holder, signaling growing Wall Street confidence in Bitcoin’s role as a portfolio mainstay. According to newly filed SEC
Goldman Sachs Bets Bigger on Bitcoin as IBIT Inflows Break Records
Crypto payments are gaining real-world traction in South Korea as RedotPay officially launches its cryptocurrency-enabled debit cards, challenging legacy financial systems with real-time stablecoin transactions. The Hong Kong-based fintech firm is entering one of Asia’s most tech-savvy markets by enabling Korean consumers to spend crypto at any Visa-supported merchant nationwide. Announced on May 9 via
RedotPay Debuts Crypto Payment Cards Across South Korea
UK authorities have arrested three men in connection with a large-scale crypto fraud that allegedly laundered more than $20 million through shell companies. The arrests are part of Operation Galafarm, an ongoing investigation led by the Metropolitan Police’s Economic Crime Command into rising digital asset-related scams. Officials say the suspects ran fraudulent investment schemes, promising