Bitcoin
Cointelegraph reports that Coinbase and two executives were hit with another proposed class-action lawsuit over the crypto exchange's stock price drop following disclosure of a user data breach earlier this month. Investor Brady Nessler filed the May 22 lawsuit in Pennsylvania federal court, claiming the data breach and
Bitcoin
Hong Kong-based meal company DDC Enterprise completed its first Bitcoin purchase on May 23, acquiring 21 BTC for $2.28 million through a share issuance deal. Cointelegraph reports the NYSE-listed company exchanged 254,333 shares for the cryptocurrency as part of an ambitious three-year accumulation plan targeting 5,000 Bitcoin.
100 Reasons For Bitcoin
Nations establishing Bitcoin reserves position themselves as early adopters in the transition toward digital monetary systems, gaining significant advantages in technological leadership and global influence. Countries that integrate Bitcoin into their national reserves before widespread adoption demonstrate forward-thinking governance and attract international attention as progressive financial jurisdictions. This pioneer status
Bitcoin
Australian Senator Gerard Rennick sparked widespread controversy within the Bitcoin community on May 23, 2025, after publishing social media comments calling Bitcoin a "Ponzi scheme" and questioning its value because "you can't eat Bitcoin." The Cointelegraph reports these remarks came just one day after
Bitcoin
Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers, according to Cointelegraph. The decision forms part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance. Finance Minister Muhammad Aurangzeb stated the move
100 Reasons For Bitcoin
Bitcoin reserves create the technical infrastructure and regulatory precedent that nations need to build decentralized public services on open blockchain networks. When governments hold Bitcoin, they develop internal expertise in cryptographic verification, distributed ledger management, and peer-to-peer network operations. These capabilities transfer directly to deploying blockchain-based identity systems, medical record
Bitcoin
President Donald Trump faced scrutiny after speaking at a private investment dinner for his $TRUMP memecoin while standing behind a lectern displaying the official presidential seal. Cointelegraph reports that the event took place Thursday at Trump National Golf Club in Virginia, where 220 investors who collectively spent $148 million attended
100 Reasons For Bitcoin
State-owned enterprises (SOEs) represent a substantial portion of many national economies, offering essential services in banking, energy, telecommunications, and transportation. These public institutions can function as practical testbeds for Bitcoin and blockchain integration within governmental frameworks. By incorporating Bitcoin into payment systems or treasury operations, SOEs can develop operational expertise
Bitcoin
Michigan lawmakers introduced four cryptocurrency bills on May 21, 2025, according to Cointelegraph. The legislative package addresses pension fund investments, central bank digital currency restrictions, Bitcoin mining at abandoned wells, and related tax policies. State Pension Fund Bitcoin Investment House Bill 4510, introduced by Representative Bill Schuette, would permit Michigan&
Bitcoin
Swedish health technology company H100 Group AB saw its shares rise 37% on May 22 after purchasing 4.39 Bitcoin for 5 million Norwegian krone ($490,830). The Stockholm-based firm bought Bitcoin at an average price of $111,785 per coin. Bitcoin Magazine reports H100 is Sweden's first
100 Reasons For Bitcoin
Government-backed cryptocurrency infrastructure fundamentally changes how businesses operate across borders. When nations establish formal partnerships with exchanges and payment processors, they create predictable conversion pathways between Bitcoin and local currencies. This infrastructure allows exporters to receive payments instantly from anywhere, while e-commerce platforms can accept global customers without traditional banking
Bitcoin
Crypto awareness in Singapore reached an all-time high of 94% in 2025, but actual ownership declined from 40% to 29%, according to Cointelegraph. Independent Reserve's fifth annual Singapore Crypto Market Survey, conducted in February with 1,500 participants, revealed this paradox between knowledge and participation. The survey showed
Bitcoin
The United Kingdom's Court of Appeal partially dismissed a lawsuit brought by Bitcoin SV investors against major cryptocurrency exchanges on May 21, 2025. Cointelegraph reports that the court rejected claims worth over £8.9 billion ($11.9 billion) from investors who held BSV during the 2019 delisting period.
100 Reasons For Bitcoin
Nations adopting Bitcoin as a strategic reserve asset generate substantial international media attention that translates into measurable economic benefits. El Salvador's 2021 Bitcoin adoption generated over $200 million in earned media value within the first quarter, while drawing record tourism numbers and positioning the country as a technology
Bitcoin
Swiss cryptocurrency financial service provider Bitcoin Suisse has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking its first expansion outside the European Union. According to Cointelegraph, the company secured this approval through its subsidiary BTCS (Middle East) Ltd, positioning the
Bitcoin
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed a crucial procedural vote in the United States Senate with a 66-32 margin on May 20, advancing legislation that creates the first comprehensive federal framework for stablecoin regulation. According to Cointelegraph, the bill now heads to a Senate