Bitcoin
Cointelegraph reports that Ross Ulbricht's auction of personal belongings generated more than $1.8 million in Bitcoin through the cryptocurrency marketplace Scarce City. The Silk Road founder, who received a presidential pardon from Donald Trump in January 2025, sold items spanning his pre-arrest life and 11-year prison sentence.
Bitcoin
US spot Bitcoin exchange-traded funds experienced their first joint outflow day in over two weeks on May 29, with 11 Bitcoin ETFs recording a combined net outflow of $347 million, according to Cointelegraph. The outflows ended a 10-trading-day inflow streak that last occurred on May 13 and represented the largest
Bitcoin
Cointelegraph reported on May 30 that Bank of Italy Governor Fabio Panetta released the central bank's annual report advocating for the digital euro as the primary tool to manage cryptocurrency risks. Panetta stated that cryptocurrency regulation alone cannot address systemic risks posed by digital assets. The governor argued
Bitcoin
Japanese investment company Metaplanet issued $21 million in zero-interest bonds on May 29, just one day after announcing a separate $50 million raise, according to Cointelegraph. The Tokyo-based firm sold bonds to Cayman Islands-based Evo Fund with each bond carrying a face value of $525,000 and maturing on November
Bitcoin
Cointelegraph reports that Ripple's newly acquired prime broker Hidden Road launched cryptocurrency swaps for institutional investors in the United States on May 28. The service allows US institutional clients to trade cash-settled over-the-counter swaps across multiple major crypto assets. Hidden Road Partners, the company's entity regulated
Bitcoin
BlackRock, the world's largest asset manager, is participating in Telegram's $1.5 billion bond sale scheduled for May 28, according to The Wall Street Journal. The crypto-friendly messaging platform is offering investors five-year bonds at a 9% yield. Existing backers including BlackRock and Abu Dhabi'
Bitcoin
Cointelegraph reports that GameStop Corp purchased 4,710 Bitcoin on May 28, 2025. The US video game and consumer electronics retailer confirmed its first Bitcoin investment through a statement posted on the company's X account. The purchase represents approximately $513 million at current Bitcoin prices. GameStop did not
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.
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
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
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
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.