Shares in Nakamoto closed Wednesday at 16 cents. They are down more than 99% from May last year, when the stock traded above $25.
SpaceX reveals larger-than-expected Bitcoin holdings in IPO filing
SpaceX is expected to go public next month, which would make its 18,712 Bitcoin holdings rank seventh among public companies.
Key Bitcoin price metric used by bulls falls to six-week low, but there’s a silver lining
Profit-taking by Bitcoin traders pushed the Coinbase BTC premium to a six-week low, but demand from longer-term traders put a clear support under the range lows.
Missouri AG sues crypto ATM operator CoinFlip, alleging fraud
The lawsuit followed an investigation by Missouri authorities into several crypto ATM companies that involve allegations of “deceptive fee structures” and scams.
Coinbase expands branded stablecoin infrastructure business with Flipcash USDF launch
The launch marks Coinbase’s latest push into white-label stablecoin infrastructure for businesses building branded digital payment and settlement systems.
Bitcoin rallies through $77K despite spot BTC ETF outflows topping $2B
Bitcoin finds footing above $77,000 despite investors’ worry over BigTech earnings results and $2 billion outflows from the BTC ETFs.
SEC’s ‘Crypto Mom’ to join law school, signaling end of time at regulator
Hester Peirce will become an associate professor at a Virginia law school some 18 months after her term at the SEC expired, leaving another empty seat in the agency’s leadership.
Price predictions 5/20: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
Bitcoin looks on track for a rally toward $80,000 while HYPE, ZEC and a handful of altcoins are pushing toward their range highs.
Fairshake PAC’s $20M backing pays off in 3 US state primaries
Five Republicans and one Democrat won or went to runoffs following primaries in Georgia, Alabama and Kentucky after a crypto-backed PAC and its affiliates spent a combined $20 million on media and ads.
Tether buys SoftBank’s stake in Bitcoin company Twenty One Capital
The stablecoin issuer bought SoftBank’s 26% stake, expanding its control over the public Bitcoin holder as it moves into lending, mining and capital markets.