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Category: Bitcoin

Readers Dessert November 10, 2025
  • Bitcoin

Tom Lee’s Bitmine Snaps up More ETH, Expands Crypto War Chest to $13.2B

Readers Dessert November 10, 2025
Bitmine Immersion Technologies says its total crypto and cash reserves have reached $13.2 billion after ramping up its ethereum stash to 3.5 million tokens. Bitmine Boosts ETH Treasury by 110K Tokens, Adds…
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Readers Dessert November 10, 2025
  • Bitcoin

Bitcoin Surges Past $106K on Shutdown Optimism

Readers Dessert November 10, 2025
The broader crypto market experienced a strong rebound on November 10th, with the total market capitalization surging from $3.513 trillion to $3.68 trillion in 24 hours. Bitcoin and altcoins rose by an…
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Readers Dessert November 10, 2025
  • Bitcoin

Ark Invest Cuts Bitcoin Target as Stablecoins Rewrite the Crypto Playbook

Readers Dessert November 10, 2025
Ark Invest is refining its bitcoin outlook as surging stablecoin adoption transforms global digital finance, with Cathie Wood signaling robust confidence in bitcoin’s long-term value despite trimming projections amid accelerating institutional engagement…
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Readers Dessert November 9, 2025
  • Bitcoin

Yield-Bearing Stablecoins Witness a Stampede for the Exits After 3 Tokens Collapse 

Readers Dessert November 9, 2025
The $20.43 billion yield-bearing stablecoin sector slipped massively this week, according to stablewatch.io, as several synthetic and algorithmic stablecoins suffered heavy outflows and severe depegs. The turmoil centered around the yield-bearing stablecoins…
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Readers Dessert November 9, 2025
  • Bitcoin

Italy Banks Back Digital Euro CBDC, Seek Staggered Implementation Costs

Readers Dessert November 9, 2025
The Italian Banking Association supports a digital-euro central bank digital currency (CBDC) while urging that investment costs be spread over time. Italian banks, led by the Italian Banking Association (ABI), say they…
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Readers Dessert November 9, 2025
  • Bitcoin

XRP ETF Countdown in Full Swing After 21shares and Franklin Submit SEC Amendments

Readers Dessert November 9, 2025
The race for the first U.S. spot XRP ETF is heating up as major asset managers updated filings with the SEC, signaling a landmark moment that could unleash institutional inflows into the…
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Readers Dessert November 8, 2025
  • Bitcoin

Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg

Readers Dessert November 8, 2025
The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To…
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Readers Dessert November 8, 2025
  • Bitcoin

Canada Quietly Funds New Stablecoin Legislation in New Federal Budget

Readers Dessert November 8, 2025
The budget introduces a massive deficit and still requires a vote of confidence from Parliament; otherwise, another federal election will be triggered. Canada’s New Budget Channels Resources into Developing Stablecoin Governance It’s…
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Readers Dessert November 7, 2025
  • Bitcoin

Brazil to Tighten Crypto Rules, Attacking the ‘Financial Arm’ of Organized Crime

Readers Dessert November 7, 2025
Fernando Haddad, Brazil’s Minister of Finance, said it is preparing a regulatory overhaul to attack the use of cryptocurrency to finance organized crime. This overhaul includes tougher rules on crypto usage and…
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Readers Dessert November 7, 2025
  • Bitcoin

Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform

Readers Dessert November 7, 2025
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex…
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