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Bitmine owns more than 4.29% of the total ETH coin supply of 120.7 million Bitmine is 86% of the way to the ‘Alchemy of 5%’ in just 10 months Crypto Spring has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026 Bitmine has 4,362,757 staked ETH,…

Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in the bill.The text bars crypto firms from paying interest or yield on stablecoin balances in a manner economically or functionally equivalent to a bank deposit.It carves out rewards programs tied to “bona fide activities or bona fide transactions,” and directs Treasury and the CFTC to write rules within a year of enactment.Blockchain Association CEO Summer…

Bitcoin has posted its best-performing month in a year, prompting analysts to forecast what could lie ahead for May, which has historically delivered returns of about 8%.“Long way to go back to ATHs, but good to see some green,” Coin Bureau founder Nic Puckrin said in an X post on Friday, referring to Bitcoin’s (BTC) performance during the month of April, which saw a monthly return of 11.87%. It marked Bitcoin’s best-performing month since April 2025, when it returned 14.08%. However, it still came in slightly below its historical April average of 12.98%, according to CoinGlass.Bitcoin has historically delivered an…

Brazil’s central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561, published April 30, updates rules for eFX, Brazil’s regulated system for digital international payments, purchases, withdrawals and transfers. The rule takes effect October 1, with adaptation deadlines running into 2027.Payments between an eFX provider and its foreign counterparty must move through a foreign exchange transaction or a non-resident real-denominated account in Brazil, with cryptocurrencies barred as an option.A remittance firm cannot take reais from a customer, convert the funds into USDT, USDC or bitcoin and settle…

The US crypto industry’s momentum won’t be derailed in the long term even if the much-anticipated CLARITY Act, aimed at bringing more regulatory clarity to the crypto industry, doesn’t make it through Congress, according to 250 Digital Asset Management CEO Chris Perkins.“If not, we’re going to be just fine,” Perkins said on Cointelegraph’s Chain Reaction podcast on Friday, emphasizing that the two major financial regulators are already building workable frameworks.Perkins pointed to ongoing efforts by US Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodities and Futures Trading Commission (CFTC) Chair Michael Selig, following the agencies’ joint interpretation released…

Greg Abel told Berkshire Hathaway shareholders Saturday that the conglomerate will adopt artificial intelligence (AI) only where it adds clear value, rejecting industry-wide hype in his first annual meeting as the designated successor to Warren Buffett. His remarks, delivered in Omaha on May 2, set out a cautious deployment strategy across Berkshire’s insurance, rail, energy, and manufacturing units. Buffett, who recently retired from the chief executive role, did not weigh in on AI during the session. Narrow AI, Not Hype Abel told shareholders that AI must improve efficiency, safety, or decision-making before Berkshire deploys it. The vice chairman pointed to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin entered May trading above $78,000, a price level that, while modest compared to last year’s peak, carries a weight relative to its price action in the previous two months.  Not only is Bitcoin entering May with some sort of bullish momentum, but there are notable developments that happened this week that point to something larger than a price recovery.  Institutional Capital Returns With Force The first major bullish development for Bitcoin this week came from the ETF market. Spot Bitcoin ETFs have turned into one of…

However, Trump said he couldn’t imagine it was a good proposal Bitcoin’s price sluggishness that began on Friday was interrupted by a quick but unsustainable surge to just over $79,000 on Sunday morning after the latest developments on the Iran-US front. This time, reports claimed that Iran had sent its latest peace proposal to the US, which was the reason behind the quick uptick. However, US President Donald Trump was not too hopeful. “I will soon be reviewing the plan that Iran has just sent to us, but can’t imagine that it would be acceptable in that they have not…

The AI mining platform SHRMiner recently made a prominent appearance on the digital giant screen at Piccadilly Circus in London, bringing AI cloud mining, Bitcoin cloud mining, automated crypto mining, and Web3 yield tools into the public spotlight. As more users seek simpler ways to participate in crypto mining, cloud mining is emerging as a vital gateway within the digital asset industry. Unlike traditional mining, users can now explore and engage in Bitcoin cloud mining services via online platforms without the need to purchase mining rigs, configure hardware, or incur complex maintenance costs. According to SHRMiner, the platform is headquartered…

When Rayls opened its public mainnet on April 30, 2026, it did so with a roster that most blockchain projects spend years assembling. The Layer 1 chain, built by Parfin (core developer of Ralys), went live recently, and was preceded by Tether made a strategic investment in Parfin, the core developer of Rayls. That backing sits alongside Rayls’ inclusion in Mastercard’s Crypto Partner Program, a J.P. Morgan Kinexys deployment and a $1 billion partnership agreement with AmFi – all secured within the 18 months preceding launch. The institutional momentum behind the chain reflects a broader shift in how large financial…