Subscribe to Updates
Author: John Smith
Metaplanet is doubling down on Bitcoin with a planned expansion into the U.S., aiming to raise $250 million and position itself as a global force in corporate Bitcoin adoption. In a May 1 post on X, Metaplanet CEO Simon Gerovich revealed that the company will establish a wholly owned subsidiary, Metaplanet Treasury Corp., in Florida, as part of its global expansion strategy. Gerovich noted that this move will accelerate the firm’s Bitcoin (BTC) treasury plans and expand access to U.S. capital markets. “Florida is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization,” Gerovich said,…
World Liberty Financial’s official stablecoin, USD1, will be integrated into the Tron network as it prepares to mint millions of dollars worth of tokens at the start of the partnership. On the Token2049 stage on May 1, Tron (TRX) founder Justin Sun announced the network will be collaborating with Trump-backed crypto venture World Liberty Financial by integrating its stablecoin USD1 into the blockchain. “I’m really honored, we can collaborate with USD1 on launching this stablecoin to further make this available to 7 billion people on Earth,” said Sun during his fireside session with Eric Trump and World Liberty Financial co-founder…
Bitcoin has reclaimed $96,000, a level not seen since late November 2024, driven by robust institutional demand and easing macroeconomic fears. Bitcoin (BTC) rallied nearly 20% from its April low of $79,000, fueled by $381 million in ETF inflows and renewed optimism after U.S. President Donald Trump’s softened stance on China trade tensions. Source: crypto.news However, analysts warn of resistance at $94,000-$95,000, citing heavy selling pressure in spot markets. With BTC still 16% below its January peak of $109,000, volatility remains a concern, especially as stock market correlations persist. Investors are eyeing whether BTC can sustain momentum amid global economic…
Bitget Wallet becomes the first digital wallet to integrate itself with Paydify, allowing users to make stablecoin payments at select physical and online merchants. According to the press release sent to crypto.news, the non-custodial crypto wallet has partnered with crypto payment service Paydify to facilitate stablecoin payments. The integration enables merchants to accept stablecoin payments from users via the Paydify platform. Through the integration, users will be able to pay using Tether (USDT) and USD Coin (USDC) at select physical and online merchants via Paydify. Merchants receive instant settlement in stablecoins without needing to create an account on a separate…
World Liberty Financial’s stablecoin, USD1, has been used to facilitate Abu Dhabi’s AI investment firm MGX’s landmark $2 billion investment into Binance. At Token2049 on May 1, World Liberty Financial co-founder Zach Witkoff confirmed that the project’s USD-pegged stablecoin, USD1, has been selected as the official stablecoin for MGX’s investment into Binance. “We are excited to announce today that USD1 has been selected as the official stablecoin to close MGX’s $2 billion investment in Binance. We thank MGX and Binance for their trust in us and I think it’s only the beginning,” said Witkoff during the conference. The investment marks…
VIRTUAL rallied as much as 38% today following renewed investor interest after the Virtuals’ team rolled out a big Genesis update aimed at boosting transparency across the ecosystem. According to data from crypto.news, Virtuals Protocol (VIRTUAL) surged to an intraday high of $1.67 on the morning of May 1, extending its gains to nearly 300% from last month’s low. As of press time, its market cap has crossed the $1 billion mark, with daily trading volume reaching nearly $600 million, a 60% increase from the previous day. Today’s surge adds fuel to a rally that kicked off back on April…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Dubai isn’t just adopting web3—it’s engineering the environment where it will thrive. Through a unique convergence of regulatory clarity, public-private collaboration, and a relentless drive for innovation, the Emirate is rapidly positioning itself as one of the most forward-thinking jurisdictions for digital assets and tokenized finance. Through innovation-friendly regulatory standards and the government’s bold policy strategies, such a pro-enterprise ecosystem ensures economic sustainability, financial security, investor protection, cross-border trades, robust risk mitigation mechanisms, and industry-leading collaborations. As…
Galaxy Digital has confirmed its plans to debut on Nasdaq in May, pending shareholder and final listing approval. According to an April 30 announcement, the crypto investment firm aims to begin trading on the Nasdaq Global Select Market under the ticker symbol GLXY on May 16, 2025. The move marks a major step in Galaxy’s long-anticipated transition to U.S. markets, which CEO Mike Novogratz described as a “transformative milestone” that supports the firm’s mission of building a gateway to digital assets and AI. Novogratz added that the Nasdaq listing would enhance shareholder value and attract a broader base of U.S.…
Finding a decent tool or service that helps you stay on top of your tax requirements is one of the most crucial things you can do if you’re investing in cryptocurrencies. Without one, you run the risk of paying more than you should or failing to file at all. Both the widely used cryptocurrency tax calculators Koinly and Cointracking offer comparable functionality and cost. Thus, to make things simpler, this article will get you through CoinTracking vs Koinly, comparing all of the features and fees of both crypto tax software. Summary FeatureCoinTrackingKoinlyPlatforms SupportedSaaS / Web, iPhone, AndroidSaaS / WebAPIAvailableAvailablePricingFree version…
In today’s era, lawyers thrive in the professional and technologically advanced arena of legal ai tools. These tools are AI for lawyers that help them by streamlining legal research, contract analysis, and governance and compliance monitoring, among other responsibilities. These instruments are essential to contemporary legal practice since they increase accuracy and efficiency simultaneously. In this article, we are going to explore the best legal AI tools out there. What are legal AI tools? Legal AI tools are software programs that help legal practitioners with a variety of activities by leveraging artificial intelligence techniques, including machine learning and natural language…