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Day: May 13, 2025

USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal

USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal

May 13, 2025

Tether USD (USDT) has surpassed $150 billion in circulating supply amid stablecoins averaging over $521 billion in weekly transfer volumes in…

Dubai Government Will Accept Crypto in Bid to Become Cashless

Dubai Government Will Accept Crypto in Bid to Become Cashless

May 13, 2025

In brief Dubai’s government will accept cryptocurrencies for payments, the finance department said on Monday.  After signing a memorandum of…

Crypto Inflows Hit $882 Million as Macro Factors Offer Investors a Trading Compass

Crypto Inflows Hit $882 Million as Macro Factors Offer Investors a Trading Compass

May 13, 2025

Digital asset investment products witnessed a surge in institutional interest last week, raising $882 million in crypto inflows globally. This…

Hyperliquid hits $6B in open interest as Bitcoin tests $105k near price discovery

Hyperliquid hits $6B in open interest as Bitcoin tests $105k near price discovery

May 13, 2025

Decentralized trading platform Hyperliquid has hit a new high, crossing $6 billion in open interest, according to figures from CoinGlass. The surge…

Bitcoin Surges as US and China Slash Tariffs in 90-Day Deal

Bitcoin Surges as US and China Slash Tariffs in 90-Day Deal

May 13, 2025

The United States and China have agreed to temporarily reduce tariffs on each other’s goods for 90 days. This marks…

Malaysia’s Largest Energy Firm Reports 300% Rise in Crypto-Linked Power Theft

Malaysia’s Largest Energy Firm Reports 300% Rise in Crypto-Linked Power Theft

May 13, 2025

In brief Malaysia’s largest national electric utility company, Tenaga Nasional Berhad (TNB), is helping authorities crack down on electricity theft…

Metaplanet Overtakes El Salvador with $126.7 Million Bitcoin Acquisition

Metaplanet Overtakes El Salvador with $126.7 Million Bitcoin Acquisition

May 13, 2025May 13, 2025

Metaplanet, a Japan-based investment firm, has acquired 1,241 Bitcoin (BTC) for approximately $126.7 million.  With this latest purchase, Metaplanet has…

Tokyo’s Beat Holdings Expands Bitcoin ETF Bet, Joins Metaplanet in Crypto Treasury Push

Tokyo’s Beat Holdings Expands Bitcoin ETF Bet, Joins Metaplanet in Crypto Treasury Push

May 13, 2025

In brief Publicly-listed Beat Holdings Ltd. said Thursday it will boost its investment in Bitcoin-related exchange-traded funds, becoming the latest…

Why Bitcoin’s $105,000 Rally Might Fall Short of a New All-Time High

Why Bitcoin’s $105,000 Rally Might Fall Short of a New All-Time High

May 13, 2025

Bitcoin’s recent rally has captured investor attention as its price inches closer to $105,000. The leading cryptocurrency has gained momentum…

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