Month: May 2025

eToro CEO: We bought Bitcoin at $5 and made a $50m profit

eToro CEO Yoni Assia revealed that the company bought Bitcoin at $5 and eventually sold it for a $50 million profit, marking one of the earliest known institutional crypto bets. Speaking to CNBC following eToro’s Nasdaq debut, Assia shared that…...
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Gold’s $3,500 Rally: Was This The Top or Just the Beginning?

Can anything stop the gold rally? The yellow metal just posted its best Q1 return since 1975. We’ve seen Wall Street’s price targets obliterated, raised, and then obliterated all over again. Today, we ask for the umpteenth time: is the top in? How is this thing still going, what’s...
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Dow, S&P 500, Nasdaq wobble as stocks rally cools

The stock market faced downside pressure on Thursday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all opening lower amid a wave of news developments. Dow opened 190 points lower to extend its negative trend after closing -0.4%…...
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Tether blacklist delay allowed $78M in USDT transfers, report says

A lag in Tether’s wallet blacklisting process allowed over $78 million in illicit funds to be moved before enforcement actions took effect, according to a new report from blockchain compliance firm AMLBot. In a May 15 report, AMLBot’s onchain investigation team explained that Tether’s address blacklisting becomes effective after...
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Bitcoin mining 2025: Post-halving profitability, hashrate and energy trends

After the 2024 halving, Bitcoin mining entered its fifth epoch and block rewards were reduced from 6.25 BTC to 3.125 BTC. This forced miners to rethink their operations, optimize efficiency, cut energy costs and upgrade hardware to remain profitable. Cointelegraph Research, with insights from industry experts at Uminers, examines...
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