Crypto Town Hall
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BRICS SURGES AHEAD AS 90% OF RUSSIA’S TRADE WITH BLOCK NOW IN NON-DOLLAR CURRENCIES
Russian FM Sergey Lavrov confirmed that 90% of Russia’s trade with BRICS countries is now settled in national currencies, accelerating the bloc’s shift away from U.S. dollar dominance.
As BRICS builds new cross-border systems resistant to Western sanctions, the foundation for a future shared currency is being quietly laid.
Source: @BTCTN
Russian FM Sergey Lavrov confirmed that 90% of Russia’s trade with BRICS countries is now settled in national currencies, accelerating the bloc’s shift away from U.S. dollar dominance.
As BRICS builds new cross-border systems resistant to Western sanctions, the foundation for a future shared currency is being quietly laid.
Source: @BTCTN
NIKE HIT WITH $5M LAWSUIT OVER SHUTDOWN OF RTFKT NFT PLATFORM
Nike is facing a $5 million class action lawsuit after abruptly shutting down its RTFKT NFT project, leaving investors in the lurch. The case claims Nike-themed NFTs were unregistered securities, sparking legal scrutiny.
Once hailed as the future of fashion and digital culture, RTFKT’s closure in Dec 2024 now places Nike at the center of a major crypto legal battle.
Source: @BTCTN
Nike is facing a $5 million class action lawsuit after abruptly shutting down its RTFKT NFT project, leaving investors in the lurch. The case claims Nike-themed NFTs were unregistered securities, sparking legal scrutiny.
Once hailed as the future of fashion and digital culture, RTFKT’s closure in Dec 2024 now places Nike at the center of a major crypto legal battle.
Source: @BTCTN
TRUMP'S TRUTH SOCIAL EYES UTILITY TOKEN AND TRUTH+ WALLET LAUNCH
Trump Media & Technology Group, the parent company of Truth Social, is exploring the launch of a utility token and a digital wallet called Truth+ Wallet, according to a letter to shareholders.
The move signals an expansion into crypto and fintech, building on earlier plans for Truth. Fi, a platform offering ETFs and crypto exposure.
Source: @DegenerateNews
Trump Media & Technology Group, the parent company of Truth Social, is exploring the launch of a utility token and a digital wallet called Truth+ Wallet, according to a letter to shareholders.
The move signals an expansion into crypto and fintech, building on earlier plans for Truth. Fi, a platform offering ETFs and crypto exposure.
Source: @DegenerateNews
COMPASS MINING GOES LIVE WITH PHASE I OF NEW 30 MW FACILITY IN IOWA
Compass Mining has launched the first 8 MW of its new 30 MW Bitcoin mining site in Iowa. The full buildout is set to begin in Q4, signaling continued infrastructure growth.
This comes after Compass added 50 MW of capacity across six U.S. states earlier in 2024, boosting its self-owned mining footprint.
Source: @BTCTN
Compass Mining has launched the first 8 MW of its new 30 MW Bitcoin mining site in Iowa. The full buildout is set to begin in Q4, signaling continued infrastructure growth.
This comes after Compass added 50 MW of capacity across six U.S. states earlier in 2024, boosting its self-owned mining footprint.
Source: @BTCTN
JUST IN: SEC DELAYS DECISION ON BITWISE SPOT DOGE ETF APPLICATION UNTIL JUNE 15
The U.S. SEC has postponed its decision on Bitwise's spot Dogecoin (DOGE) ETF application, now set for June 15. This delay adds more uncertainty to the regulatory landscape for cryptocurrency-based ETFs.
The outcome could have significant implications for how cryptocurrencies are integrated into traditional financial markets.
Source: @blocknewsdotcom
The U.S. SEC has postponed its decision on Bitwise's spot Dogecoin (DOGE) ETF application, now set for June 15. This delay adds more uncertainty to the regulatory landscape for cryptocurrency-based ETFs.
The outcome could have significant implications for how cryptocurrencies are integrated into traditional financial markets.
Source: @blocknewsdotcom
SEC DELAYS FRANKLIN TEMPLETON SPOT XRP ETF DECISION TO JUNE 17
The U.S. SEC has pushed back its decision on Franklin Templeton’s proposed spot XRP ETF, setting a new deadline for June 17. The delay adds to growing anticipation around XRP’s path to institutional adoption.
Source: @WhaleInsider
The U.S. SEC has pushed back its decision on Franklin Templeton’s proposed spot XRP ETF, setting a new deadline for June 17. The delay adds to growing anticipation around XRP’s path to institutional adoption.
Source: @WhaleInsider
BITCOIN HOLDS $95K AS CAPITAL FLOWS FROM GOLD ETFS
Standard Chartered reports investor capital shifting from gold ETFs to bitcoin ETFs, with BTC holding just above $95K on Tuesday morning. Analyst Geoffrey Kendrick forecasts a $120K high this summer and $200K by year-end.
Source: @BTCTN
Standard Chartered reports investor capital shifting from gold ETFs to bitcoin ETFs, with BTC holding just above $95K on Tuesday morning. Analyst Geoffrey Kendrick forecasts a $120K high this summer and $200K by year-end.
Source: @BTCTN
UK SETS SIGHTS ON BECOMING GLOBAL LEADER IN DIGITAL ASSETS
The UK’s finance minister announced plans to position the country as a world leader in the digital asset sector, highlighting a strong commitment to blockchain innovation and regulatory clarity.
The move aims to strengthen the UK’s standing in the evolving global crypto market.
Source: @WatcherGuru
The UK’s finance minister announced plans to position the country as a world leader in the digital asset sector, highlighting a strong commitment to blockchain innovation and regulatory clarity.
The move aims to strengthen the UK’s standing in the evolving global crypto market.
Source: @WatcherGuru
NEARLY 90% OF BITCOIN SUPPLY NOW IN PROFIT, SUGGESTING STRONG MARKET MOMENTUM
Close to 90% of circulating Bitcoin is currently held at a profit, indicating a bullish trend gaining strength among investors.
This milestone reflects rising confidence and increasing price support.
Source: @cointelegraph
Close to 90% of circulating Bitcoin is currently held at a profit, indicating a bullish trend gaining strength among investors.
This milestone reflects rising confidence and increasing price support.
Source: @cointelegraph
CBOE LAUNCHES FTSE BITCOIN INDEX FUTURES
Cboe has officially launched FTSE Bitcoin Index Futures, providing institutional investors with a new way to gain exposure to Bitcoin via a regulated derivatives market.
The product aims to offer more transparent and accessible price discovery tied to the FTSE Bitcoin Index.
Source: @WhaleInsider
Cboe has officially launched FTSE Bitcoin Index Futures, providing institutional investors with a new way to gain exposure to Bitcoin via a regulated derivatives market.
The product aims to offer more transparent and accessible price discovery tied to the FTSE Bitcoin Index.
Source: @WhaleInsider
DUBAI'S TRUMP TOWER TO ACCEPT CRYPTO PAYMENTS
The upcoming Trump Tower in Dubai will accept payments in various cryptocurrencies, embracing digital assets for luxury real estate transactions.
This move signals a growing trend of crypto adoption in high-end property markets.
Source: @cointelegraph
The upcoming Trump Tower in Dubai will accept payments in various cryptocurrencies, embracing digital assets for luxury real estate transactions.
This move signals a growing trend of crypto adoption in high-end property markets.
Source: @cointelegraph
CARDONE CAPITAL PLANS TO BUY OVER 1,000 BITCOIN AS PART OF $5B STRATEGY
Grant Cardone’s $5 billion real estate firm, Cardone Capital, has announced plans to acquire more than 1,000 Bitcoin as part of its investment strategy.
The move signals continued institutional interest in Bitcoin as a long-term asset.
Source: @BitcoinMagazine
Grant Cardone’s $5 billion real estate firm, Cardone Capital, has announced plans to acquire more than 1,000 Bitcoin as part of its investment strategy.
The move signals continued institutional interest in Bitcoin as a long-term asset.
Source: @BitcoinMagazine
POLYGON’S Miden RAISES $25M FOR PRIVACY-FOCUSED BLOCKCHAIN
Polygon’s ZK-based spin-off, Miden, has raised $25M in seed funding led by a16z Crypto.
The project aims to build a privacy-first smart contract platform using zero-knowledge proofs to enhance scalability and user confidentiality.
Source: TheBlock
Polygon’s ZK-based spin-off, Miden, has raised $25M in seed funding led by a16z Crypto.
The project aims to build a privacy-first smart contract platform using zero-knowledge proofs to enhance scalability and user confidentiality.
Source: TheBlock
US DOJ SEEKS 20-YEAR SENTENCE FOR CELSIUS FOUNDER MASHINSKY
The U.S. Department of Justice is pushing for a 20-year prison sentence for former Celsius CEO Alex Mashinsky.
Prosecutors accuse him of orchestrating a $4.7B fraud scheme that misled users and led to massive losses.
Source: Cointelegraph
The U.S. Department of Justice is pushing for a 20-year prison sentence for former Celsius CEO Alex Mashinsky.
Prosecutors accuse him of orchestrating a $4.7B fraud scheme that misled users and led to massive losses.
Source: Cointelegraph
BITCOIN ETF INFLOWS NEAR $600M IN 7TH STRAIGHT DAY OF GAINS
Spot Bitcoin ETFs saw $591.3M in inflows on April 28, marking the seventh consecutive day of gains and the longest streak since March.
BlackRock’s IBIT led with $970.9M in inflows, while other funds like ARKB and GBTC experienced outflows. Total ETF assets now exceed $109B.
Source: CoinCentral
Spot Bitcoin ETFs saw $591.3M in inflows on April 28, marking the seventh consecutive day of gains and the longest streak since March.
BlackRock’s IBIT led with $970.9M in inflows, while other funds like ARKB and GBTC experienced outflows. Total ETF assets now exceed $109B.
Source: CoinCentral
CHINA IS BUYING GOLD AT RECORD PACE
China’s gold reserves have surged to a record 2,292T, worth $256.7B, as the country continues aggressively diversifying away from the U.S. dollar.
Source: Binance News
China’s gold reserves have surged to a record 2,292T, worth $256.7B, as the country continues aggressively diversifying away from the U.S. dollar.
Source: Binance News
VITALIK OUTLINES TWIN GOALS FOR ETHEREUM FOUNDATION
Vitalik Buterin says the Ethereum Foundation will focus on two key goals:
Driving real-world usage that leverages Ethereum’s core strengths.
Improving decentralization by fixing weaknesses across the tech stack.
Source: Vitalik․eth
Vitalik Buterin says the Ethereum Foundation will focus on two key goals:
Driving real-world usage that leverages Ethereum’s core strengths.
Improving decentralization by fixing weaknesses across the tech stack.
Source: Vitalik․eth
BERNSTEIN ANALYSTS SAY BITCOIN COULD HIT NEW HIGHS AS ETF INFLOWS TIGHTEN SUPPLY
Analysts at Bernstein predict that Bitcoin is on track to reach new all-time highs, driven by a combination of corporate accumulation and strong spot ETF inflows.
As institutional interest deepens and circulating supply shrinks, the setup could fuel a major upside move in the months ahead.
Source: @Cointelegraph
Analysts at Bernstein predict that Bitcoin is on track to reach new all-time highs, driven by a combination of corporate accumulation and strong spot ETF inflows.
As institutional interest deepens and circulating supply shrinks, the setup could fuel a major upside move in the months ahead.
Source: @Cointelegraph
STACKS ASIA DLT FOUNDATION LAUNCHES IN ABU DHABI
Stacks Asia DLT Foundation has officially registered in Abu Dhabi’s ADGM, aiming to drive Bitcoin layer two innovation across the Middle East and Asia.
The foundation will focus on education, policy development, and expanding Bitcoin’s programmability through regional partnerships.
Source: @BTCTN
Stacks Asia DLT Foundation has officially registered in Abu Dhabi’s ADGM, aiming to drive Bitcoin layer two innovation across the Middle East and Asia.
The foundation will focus on education, policy development, and expanding Bitcoin’s programmability through regional partnerships.
Source: @BTCTN
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