Category: crypto
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Fold starts rolling out Bitcoin credit card with 4% rewards offer
Fold Holdings has launched its Fold Bitcoin Credit Card for selected waitlist members, offering 1.5% back in Bitcoin and up to 4% through rewards and partner offers. The card runs on Visa and Stripe Issuing, with physical and virtual options available through the Fold App for Apple Pay and Google Pay. This launch follows Fold’s…
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Crypto miners in Moscow face new threat as Russia tightens rules
Russian officials are moving towards a long-term shutdown of cryptocurrency mining in Moscow and nearby regions, with a proposal to ban mining until at least 2032. Lawmakers have advanced a bill to jail unregistered miners, imposing fines and prison terms for illegal mining activities. This crackdown follows energy shortages caused by mining operations.
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HYPE ETFs top $100M inflows as TradFi quietly piles into Hyperliquid
HYPE ETFs have received over $100 million in net inflows in their first 10 trading sessions. This was led by 21Shares’ THYP and Bitwise’s BHYP, both U.S. spot products tied to Hyperliquid’s HYPE token. HYPE has also seen a nearly 50% increase in value this month.
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SpaceX IPO could reveal a $1.4B Bitcoin bet hiding in plain sight: Grayscale
SpaceX may become the largest public company holding Bitcoin if its planned June listing goes through. Grayscale Research reported that SpaceX currently holds 18,712 BTC worth $1.4 billion, making it the eighth-largest corporate Bitcoin holder globally. Despite this, Bitcoin would only represent 0.1% of SpaceX’s expected $1.75 trillion valuation. Retail interest in SpaceX’s listing is…
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If iPhone is Apple stock’s ‘agentic AI moat’ at $312, does tokenization factor into the upside?
Apple is being seen as an AI winner due to its iPhone and Mac ecosystems, rather than frontier models. The focus is on whether on-device agents will connect to tokenized payments and assets. Bank of America raised its Apple price target to $380, citing Apple’s control over identity, payments, and trust.
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Jamie Dimon hints at major JPMorgan deal as banking rules ease
JPMorgan Chase CEO Jamie Dimon stated that the bank could potentially spend $20 billion on a major acquisition in the next two years. Dimon emphasized that any acquisition must align with the bank’s operations and culture. JPMorgan has a history of successful acquisitions, including First Republic Bank and Bear Stearns.
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Prediction markets battle escalates after president Donald Trump sides with CFTC
The CFTC’s proposed rule on prediction-market event contracts is under White House review. Trump supports federal control over prediction markets, while Illinois Governor JB Pritzker defends state action. The rule could create a federal framework for event contracts and impact platforms like Kalshi and Polymarket. The issue is whether event contracts should be regulated federally…
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Strive’s Bitcoin buying spree crosses a rare daily supply line
Strive, Inc. bought an estimated 490 BTC in a single day through its SATA preferred stock program, exceeding the Bitcoin network’s daily issuance. The program generated $35.3 million in ATM proceeds and has acquired a total of 16,500 BTC. Strive uses preferred equity for funding instead of traditional debt.
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Bitdeer names Corsair’s Potter as new CFO
Michael Potter has been named as the new CFO of Bitdeer, replacing Jianchun Liu effective Tuesday. Potter previously led Corsair Gaming’s IPO and held CFO roles at other companies. The appointment comes as Bitdeer focuses on AI cloud revenue and high-performance computing. Liu will remain with the company until June 30.
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Aztec Labs acquires ZKPassport, code stays open
Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. ZKPassport allows users to prove identity attributes without revealing personal data by scanning NFC chips in passports. The acquisition consolidates technology under Aztec Labs while maintaining a public-good framing for privacy in crypto.