Month: May 2025

BlackRock’s iShares Bitcoin Trust (IBIT) is closing out May with a bang. The BlackRock Bitcoin ETF brought in over $6.2 billion this month alone, setting a new personal best. That’s not just a strong month, it’s the strongest since IBIT launched, and it didn’t launch that long ago.  Day...

The U.S. Securities and Exchange Commission has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. A joint motion to dismiss the case was filed in federal court in Washington, D.C., on May 29. In its initial complaint, filed…...

Matt Cole, CEO of Strive Asset Management, publicly called on tech behemoth Meta Platforms Inc. (NASDAQ:META) on Wednesday to buy Bitcoin (CRYPTO: BTC) for its balance sheet. What happened: Cole dialed the company from the Bitcoin 2025 conference in Las Vegas, listing the benefits of adding Bitcoin to corporate...

The incident highlights potential vulnerabilities in law enforcement integrity, raising concerns about trust and accountability within the NYPD. The post NYC officers temporarily removed from active duty over suspected role in SoHo crypto torture case appeared first on Crypto Briefing....

Around 92,500 Bitcoin options contracts will expire on Friday, May 30, and they have a notional value of roughly $10 billion. This week’s event is larger than usual as it’s the end of the month, which could induce more volatility into markets that have been in retreat for the...

Russia’s central bank has taken a cautious step toward crypto market engagement by authorizing a restricted group of qualified investors to access cryptocurrency-linked financial products. According to a statement released by the Bank of Russia on Wednesday, regulated financial institutions will now be permitted to offer derivative instruments and...

Pi Network is trading at $0.6894 at the time of writing, marking a 6% daily loss and a 15% slide over the past 7 days. After reaching a peak of almost $3 in February, Pi Coin (PI) has now dropped…...

China’s Webus International revealed plans to raise up to $300 million through non-equity financing to create a strategic XRP reserve supporting its cross-border payments infrastructure. In a May 29 press release, The Nasdaq-listed AI-powered mobility company said the initiative is…...

Crypto staking, under certain circumstances, does not appear to implicate U.S. securities law, a branch of the U.S. Securities and Exchange Commission said late Thursday. The SEC’s Division of Corporation Finance published a staff statement — the latest in a series from the regulator — spelling out how the...

Fastex, a Dubai-based crypto exchange, is expanding its presence in the U.S., building out an office in Los Angeles, California. According to a Thursday announcement, Fastex will offer spot crypto trading services of tokens including bitcoin BTC, ether ETH, Cardano ADA, Solana SOL and its native utility token, Fasttoken...