Bithumb to Mark Bitcoin Pizza Day With Pizza, Bitcoin Giveaway for First-Time Depositors

Bithumb, a South Korean cryptocurrency exchange, is launching a Bitcoin Pizza Day promotion. The exchange said May 18 that it will run the event through May 31 to mark Bitcoin Pizza Day on May 22, offering pizza and Bitcoin to first-time depositors.

Strive to Pay Daily Dividends on SATA Preferred Stock in US-Listed First

Strive, a Bitcoin digital asset treasury company, plans to pay dividends every business day. CoinDesk reported on May 14 that Strive Chief Executive Officer Matthew Cole announced the company will begin paying cash dividends on its perpetual preferre

Coinbase to Manage Hyperliquid's USDC Liquidity in On-Chain Expansion

Coinbase Global Inc., the US cryptocurrency exchange, will manage Circle's USDC liquidity for global decentralized exchange Hyperliquid. CoinDesk reported on May 14 that Coinbase had been selected as Hyperliquid's official Circle treasury manager. Un

BlackRock Transfers $285 Million of Bitcoin to Coinbase in Potential Sell Signal

BlackRock, the world’s largest asset manager, transferred Bitcoin worth about $285 million to US cryptocurrency exchange Coinbase. Onchain Lens said on May 14 that BlackRock moved 3,581 Bitcoin to Coinbase that day. The holdings are valued at about $

JPMorgan Boosts Q1 Bitcoin ETF Holdings, Raises IBIT Stake 174%

JPMorgan expanded its investment in U.S. spot Bitcoin exchange-traded funds in the first quarter. Cointelegraph reported on May 14 that a 13F filing submitted by JPMorgan on May 13 showed the bank held about 8.3 million shares of BlackRock's iShares

US Approves Nvidia H200 Sales to Some Chinese Firms, Including Tencent, Alibaba

The U.S. government has approved Nvidia Corp. to sell its high-performance H200 artificial intelligence chips to about 10 Chinese companies, Reuters reported. Reuters, citing multiple sources, reported on May 14 that the U.S. approved sales of Nvidia

Ledger Pauses US IPO Plans as Market Conditions Worsen

French cryptocurrency wallet maker Ledger has paused its plans for a US stock market listing. CoinDesk reported on May 13, citing multiple sources, that Ledger recently decided to put its planned US initial public offering on hold. The company has no

Bitcoin Falls Below $80,000; Kimchi Premium Turns Negative at -0.47%

Bitcoin fell below $80,000. As of 10:55 p.m. in South Korea on May 13, Bitcoin was trading at $79,676.91, down 1.18% from a day earlier, according to CoinMarketCap. The cryptocurrency was down 2.47% from a week earlier. The kimchi premium also turned

Bitwise Says GENIUS Act Unlocked Crypto Funding, Sees CLARITY Act as Next Catalyst

Bitwise said fundraising in the cryptocurrency industry has accelerated since passage of the GENIUS Act, the U.S. stablecoin bill, and that the next catalyst could be the CLARITY Act, a digital-asset market structure bill. Matt Hougan, Bitwise’s chie

US Bitcoin ETFs See $233.2 Million Outflow, Reversing After One Day

US spot Bitcoin exchange-traded funds swung back to net outflows after one day of inflows. Farside Investors data showed US Bitcoin ETFs recorded net outflows of $233.2 million on May 12. That reversed the net inflows posted on May 11. Fidelity's FBT