Tether reported a $1.04 billion Q1 net profit and a record $8.23 billion in excess reserves, driven by strong performance in U.S. Treasuries and growing stablecoin adoption for global payments.
As traditional finance integrates bitcoin, its role shifts from digital gold to a high-volatility collateral asset, making it highly sensitive to global liquidity cycles rather than a reliable hedge.
AIMCo's recent acquisition of 1.38 million Strategy shares has generated a $69 million unrealized profit, marking the pension fund's return to the stock after exiting in 2020.
The Ethereum Foundation has sold another 10,000 ETH to Tom Lee's BitMine for approximately $22.9 million, continuing its strategy of periodic treasury sales to fund operations and ecosystem growth.
Bitcoin climbs past $77,000 amid strong technicals and volume, yet rising put option interest and exchange inflows hint at institutional hedging and potential near-term selling pressure.
SBI Holdings is expanding its digital asset strategy through a potential stake in Bitbank, aligning with Japan’s upcoming crypto regulations and broader regional growth plans.
Strategy holds STRC’s dividend at 11.5% for May as its shares rebound 33% in April, marking the first positive monthly gain in nine months following a prolonged slump.
A South Korean court has lifted a six-month partial business suspension on cryptocurrency exchange Bithumb, though the status of a $24.6 million fine remains unclear. This legal win follows heightened regulatory scrutiny and a recent operational error involving mistaken bitcoin distributions.
The U.S. Senate has unanimously voted to ban its members and staff from wagering on prediction market platforms, a move swiftly approved despite the chamber's recent legislative gridlock on crypto regulation.
Senators Elizabeth Warren and Ron Wyden have written to Commerce Secretary Howard Lutnick and Tether CEO Paulo Ardoino, raising concerns over reports that Tether provided a loan to a family trust to help finance Lutnick's divestiture of his company stake.
Despite a recent earnings miss driven by crypto weakness, major investors and analysts are betting on Robinhood's recovery, citing strong equity and options trading volumes and new ventures like Rothera.
Gemini has secured CFTC approval for a derivatives clearinghouse license, enabling it to compete in the rapidly growing prediction market sector. The company's shares rose approximately 7% following the announcement.
A recent weather data anomaly linked to Polymarket bets highlights the critical vulnerability in relying on fragile data infrastructure for financial settlements. As prediction markets expand, the integrity of the underlying data becomes the true bottleneck for trust and reliability.