According to the data, spot Bitcoin ETFs are buying faster than miners can produce.
ā«Since January 2024, U.S. spot Bitcoin ETFs have acquired 529,325 BTC, while only 249,725 BTC have been minedāhighlighting a clear supply shortage.
ā«Aprilās halving reduced mining rewards to 3.125 BTC per block. Historically, each halving cycle has led to an average 350% price increase within a year.
PIERRE ROCHARD : š "Iām launching The Bitcoin Bond Company to deliver transparent financial solutions, enabling institutional investors to tap into bitcoinās long-term appreciation."
Wintermute, Binanceās biggest market maker, is accused of using a strategy resembling a pump-and-dumpābuying tokens early at a discount, selling at the peak, crashing the price, then buying back cheap. The 53% drop in ACT token is cited as an example.
Only 3 of 27 tokens launched on Binance in 2025 are in profit, with an average loss of 44%. Wintermute also reportedly made $3m by buying 31m FDUSD after it briefly depegged to $0.87 on fake insolvency news.
Wintermute and Binance trading volume is $34.54bn monthly.
The SEC has issued a statement clarifying that mining and mining pool activities under the Proof-of-Work (PoW) mechanism do not constitute securities offerings. The agency stated that Protocol Mining on PoW networks involves only the contribution of computational resources, rather than reliance on the entrepreneurial or managerial efforts of others. As a result, PoW mining does not meet the Howey Test definition of an investment contract and falls outside the scope of securities regulation.
Investors have significantly reduced their exposure to U.S. equities, with allocations to U.S. stocks dropping to 23% underweight, the lowest level since June 2023, amid worsening global growth expectations.
Meanwhile, European stocks have outperformed the U.S., with 39% of global investors now overweight on European equities, the highest level since mid-2021.
Prime Intellect has raised $15 million in a funding round led by Founders Fund, with participation from Menlo Ventures and several angel investors. This funding brings Prime Intellect's total raised capital to $20.5 million.
The startup is developing a peer-to-peer protocol for computing and artificial intelligence, aiming to enable collective creation, shared ownership, and access to sovereign, open-source #AI systems.
BREAKING: Solana continues to dominate the decentralized exchange (DEX) landscape, leading all blockchains in monthly trading volume for the fifth month in a row.
1. A whale made a profit of $11.82 million on its first #TRUMP trade, then suffered a loss of $24.35 million on the second, followed by another loss of $201k on the third. Now, the whale is back, spending $11.28 million to purchase 777,684 TRUMP at $14.50 each.
2. The whale sold all of its #PEPE and #BEAM holdings for $6.25 million in #DAI, incurring a total loss of $14.14 million. It then used the DAI to buy 5.34 million #ONDO at an average price of $1.17.
3. Amber Group purchased 11,000 #ETH for $27.49 million.
Following the announcement of its inclusion in the U.S. crypto reserve, Cardano's ADA experienced a significant surge of approximately 70%, reaching $1.11. This impressive performance allowed it to surpass DOGE and TRON, securing the 8th position in terms of market capitalization.
šØ UPDATE: Bitcoin's dominance drops from 55.4% to below 50% in the hours following Trump's initial announcement of a Crypto Strategic Reserve that includes $XRP, $SOL, and $ADA.
Arthur Hayes points out that statements about a strategic cryptocurrency reserve are merely words unless approved by Congress. Without such approval, the necessary funds to purchase cryptocurrencies and establish such a reserve are not available.
On the other hand, Eric Trump reacts to the announcement of this strategic reserve, made on a Sunday when traditional markets were closed. He sees it as an opportunity for retail investors to gain an edge, emphasizing that traditional finance must quickly adapt to this new landscape, where markets no longer operate solely from Monday to Friday, 9 to 5. According to him, the world is evolving, and those who fail to keep up risk being left behind.