Emirates Petroleum Company (Emarat) has announced a partnership with Crypto.com to introduce cryptocurrency services at its service stations, pending regulatory approval. The collaboration will initially integrate Crypto.com services at 10 Emarat stations, with plans for further expansion across the company’s network of over 155 locations in the UAE. As part of this initiative, the two …
Monthly archives: May 2025
Bhutan Goes Fully Crypto for Tourism in Historic Partnership With Binance Pay
Bhutan has partnered with Binance Pay and DK Bank to launch the world’s first national crypto-based tourism payment system, allowing visitors to use digital assets for everything from hotels to market purchases, boosting financial inclusion and innovation. Bhutan Becomes First Nation to Power Entire Tourism Sector with Crypto In a landmark move blending technology with …
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Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900
The cryptocurrency market is booming during Thursday’s early morning hours, with bitcoin poised to recover price levels not seen since February. The leading cryptocurrency experienced an upswing of nearly 3%, reaching prices of over $99,000 on several exchanges. Similarly, ether also rose to levels not seen since April, surpassing the key $1,900 mark. This market …
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Senate Probe Targets TRUMP Token as Pay-to-Play Allegations Explode
Trump’s explosive foray into crypto faces a blistering Senate probe targeting token profiteering, foreign deals, and alleged presidential pay-to-play schemes that could shatter ethical boundaries. Trump Crypto Empire Dragged Into Probe Over Elite Access and Foreign Cash U.S. Senator Richard Blumenthal (D-CT), Ranking Member of the U.S. Senate Permanent Subcommittee on Investigations, announced on May …
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Analysts Say $2,500,000,000,000 ‘Avalanche’ of Selling Could Hit US Dollar, Warn Trade Wars Threatening Greenback’s Appeal: Report
The US dollar could suffer a major sell-off by Asian investors and exporters triggered by trade tensions, according to a pair of macroeconomic and currency strategists. Eurizon SLJ Capital’s analysts Stephen Jen and Joana Freireat say in a new investment note that Asian investors have accumulated a massive pile of USD that could be ditched …
Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand
Bitcoin’s price wobbled after the Federal Reserve kept interest rates unchanged but bounced back and reclaimed $98,000 shortly after. Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month. The Fed’s decision to keep interest rates unchanged …
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60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked
“Don’t do crime CRIME IS BAD xoxo from Prague,” the hackers wrote as they gave the LockBit ransomware gang a taste of their own medicine. Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. …
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Bitcoin ‘Realized Cap’ hits $890B as BTC traders focus on recapturing $100K
Funds continue to flow into Bitcoin, boosting its realized capitalization to $890 billion as traders position for a possible rally to $100,000. Key Takeaways: Bitcoin’s realized capitalization hit a record $890 billion, reflecting strong investor conviction as long-term and short-term holders increased allocations. Large Bitcoin holders with over 1,000 BTC have accumulated significantly since March …
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Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm
Bailey’s Bitcoin investment firm, Nakamoto, is reportedly set to go public after raising $300 million, joining a wave of new players entering the crypto space. David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new …
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Flipster Makes Esports Debut as Official Crypto Exchange Partner of TALON’s Dota 2 Team, Powering a New Era of Fan Engagement
May 8th, 2025 – Panama City, Panama Flipster, one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON, one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries. As part of the collaboration, TALON’s …
Texas House committee passes Bitcoin reserve bill for full floor vote
A Bitcoin reserve bill passed by the Texas Senate has made progress in the House, advancing out of committee to head to the floor. A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk. The Texas …
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Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
Core Scientific’s first quarter results saw it more than double its net income from a year ago, but its revenues missed analyst estimates. Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits. Core …
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Stripe unveils AI foundation model for payments and deeper stablecoin integration
Stripe unveiled a new AI foundation model for payments and expanded support for stablecoins and embedded finance. The firm made the announcement at its annual Sessions conference, where it introduced more than 60 product updates. The enhanced stablecoin integration comes more than six months after the firm acquired Bridge for $1.1 billion. AI foundation model …
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Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for government debt
The US Treasury could experience a surge in demand for government debt from the digital asset sector, potentially reaching $2 trillion over the next several years, according to Treasury Secretary Scott Bessent. Bessent made the statement during a House Financial Services Committee hearing on the global financial system, where he emphasized the growing financial relevance …
Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe
Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7. According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers. People with …