Share prices of listed companies in related businesses have appreciated very significantly in both the US and Hong Kong. The trend appears unstoppable. US Treasury Secretary Scott Bessent expects the stablecoin market alone to grow tenfold over the next few years from US$200 billion to US$2 trillion. While cryptocurrencies present new opportunities for investors, it…
(Bloomberg) — Bitmain Technologies Ltd., the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America” boom in digital assets. Most Read from Bloomberg The company intends to officially open a new headquarters and assembly line in either Texas…
PayPal said Monday it will allow businesses to accept payments in more than 100 types of cryptocurrencies, including bitcoin and ethereum. Called “Pay with Crypto,” the new service will allow consumers to use many types of cryptocurrencies to complete their purchases, as well as to use wallets such as Coinbase and MetaMask, the company said…
Elon Musk‘s space exploration company SpaceX reportedly recently made a rare move as Bitcoin touched all-time high. According to a report in Cryptobriefing, a wallet tied to Elon Musk’s SpaceX moved more than 1,300 Bitcoin (BTC) worth approximately $153 million to a new address. According to Arkham Intelligence data, the company moved Bitcoin in June…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A Bitcoin (CRYPTO: BTC) transfer of nearly $1 billion has caused a stir in the cryptocurrency market. What Happened: The transfer, which originated from Coinbase, was sent to an unidentified wallet, leading to speculation about potential institutional accumulation or…
A cutout of US President Donald Trump holding a Bitcoin is displayed on a group of servers during The Bitcoin Conference at The Venetian Las Vegas in Las Vegas, Nevada, on May 27, 2025. Ian Maule | Afp | Getty Images Trump Media and Technology Group said Monday it has accumulated roughly $2 billion in…
Trump Media and Technology Group, the social media company owned by President Trump, said it has bought about $2 billion in bitcoin and related securities as it remodels itself as an investment firm. Trump Media, which owns the Truth Social app, announced in May that it planned to raise $2.5 billion to buy bitcoin, with…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Nearly all of Bitcoin addresses now being in profit has taken on new meaning as the cryptocurrency smashed through to a new all-time high of $117,500 last week. The milestone represents one of the most profitable periods in…
Crypto briefly soared while the broader markets stagnated Friday after Congress passed a landmark bill for digital assets. The total market capitalization for all cryptocurrencies pushed past $4 trillion for the first time in history before dipping later in the day. But traditional stock indices barely budged. The S&P 500 closed the day essentially flat…
The total market value of crypto assets surged past the $4 trillion mark for the first time ever on the back of landmark legislation to regulate the industry – marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape. The surge came as President…