Author: CryptoHoppers
Key Takeaways American Bitcoin is merging with Gryphon Digital Mining in a bid to unlock market access. Hut 8 will maintain a majority stake and remain the exclusive infrastructure partner for American Bitcoin. Share this article American Bitcoin, a newly established Bitcoin mining entity backed by Bitcoin miner Hut 8 and Trump-led American Data Centers, will go public through a stock-for-stock merger with Nasdaq-listed Gryphon Digital Mining, according to a Monday announcement from Hut 8.The merger is expected to close as early as Q3 2025, subject to customary approvals. Post-merger, the combined entity will operate under the American Bitcoin brand…
[…] Additionally, Large Transaction Volume data by IntoTheBlock also shows that these transactions have risen by 41% over the last three days. This simply means that transactions of $100,000 have risen in the same stretch. Thus, the spike in large transactions signify growing confidence in the current Dogecoin rally. […] Source link
Key Takeaways Bitcoin is trading just 4% below its all-time high, boosted by positive US-China trade talks. US-listed Bitcoin ETFs saw over $1 billion in inflows, with BlackRock’s fund continuing a 19-day winning streak. Share this article Bitcoin surged to a high of $104,900 on Saturday evening, just around 4% shy of its all-time high, after President Donald Trump said US-China talks had made great progress during a meeting in Switzerland, TradingView data shows.In a statement on Truth Social, Trump said that the discussions were constructive and friendly, describing the outcome as a total reset. He noted the agreement on…
AAVE price continued rising on Saturday, reaching its highest level since March 6 this year as exchange balances fell and total value locked in its network fell. AAVE (AAVE) rose to $221.91, up by 95% from its lowest level on April 7, bringing its market cap to over $3.3 billion. CoinGlass data shows that investors continue accumulating more AAVE tokens, especially after Ethereum (ETH) made a strong breakout and tested the key resistance point at $2,400 for the first time since February. AAVE balances on exchanges dropped to 4.76 million, down from 4.87 million a week ago. This decline brought…
Key Takeaways BlackRock expanded its risk disclosures regarding quantum computing threats in its amended Bitcoin ETF filing. The amended filing includes precautions about quantum computing’s potential impact on Bitcoin’s cryptographic security. Share this article BlackRock has updated its iShares Bitcoin Trust (IBIT) prospectus with expanded language on the potential risks posed by quantum computing, adding a detailed discussion to what was previously a brief mention of the technology.The amended prospectus, filed on May 9, includes extensive details about how quantum computing advances could compromise Bitcoin’s cryptographic security.The updated prospectusSource: James SeyffartThe filing notes that advances in quantum computing technology could…
Taiwanese legislator Ko Ju-Chun has urged the government to consider including Bitcoin in its national reserves, alongside gold and foreign currencies. Speaking at a national finance conference on May 9, Ko suggested allocating a small portion of the country’s reserve assets to Bitcoin (BTC) as a hedge against rising global economic uncertainty and regional geopolitical risks. Ko pointed to Bitcoin’s decentralized nature, fixed supply, and growing role as a hedge in various countries as reasons to integrate it into Taiwan’s sovereign asset strategy. He highlighted Taiwan’s reliance on exports and the associated volatility in the New Taiwan dollar as further…
Key Takeaways Crypto developer Jeffy Yu is alive despite early reports of livestreamed death. Bubblemaps revealed that Yu moved $1.4 million in crypto assets after his supposed death. Share this article Jeffy Yu, co-founder of Zerebro, who was believed to have committed suicide during a livestream on May 4, was recently seen at his parents’ home in the Crocker-Amazon neighborhood, The San Francisco Standard revealed.The developer, who was discovered by The Standard on Wednesday, looked shaken and uneasy as he stepped outside his family’s two-story home. Wearing a T-shirt, shorts, and flip-flops, Yu seemed nervous and confused, the report stated.After…
A new chapter of analog imperfection and visceral storytelling, captured through collage, mouth-first. In a sea of generative drops and pixel-perfect collections, one artist dares to break the mold—literally. Our longtime friend and one of the NFT space’s most uniquely expressive visual voices, miirror, returns with 1mouth analog, a visceral, tactile, and radically human follow-up to their 2021 digital series, 1mouth. Where the original 1mouth was a polished and digital affair—50 haunting and surreal digital collages minted in the early days of NFT culture—this new evolution leans all the way into the grit. Think paper, glue, fire, plastic, stickers, barcodes,…
Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will operate as an over-collateralized stablecoin pegged to the U.S. dollar, using bitcoin ( BTC) as its sole backing […] Source link
Superstate has launched Opening Bell, a platform that allows SEC-registered public shares to be issued and traded directly on blockchains, starting with Solana. SOL Strategies, a Canadian public company focused on Solana (SOL) infrastructure, will be the first to list shares through the new system. The move marks a significant step in integrating public capital markets with digital assets. Using Superstate’s infrastructure, companies can issue real, company-authorized equity, rather than synthetic or wrapped tokens, on-chain. These shares are fully transferrable, programmable, and can settle in real-time, according to a note shared with crypto.news. “This is a fundamental shift in capital…