News

Crypto ETFs Close the Week Strong: $260 Million Into Bitcoin ETFs, $22 Million Into Ether ETFs

Coins Legend May 19, 2025 0

Bitcoin ETFs closed last week on a high note, notching a net inflow of $260 million with Blackrock and Fidelity leading the charge. Ether ETFs also finished strong, locking in $22 million in inflows without any outflows reported. Crypto Funds End Week in the Green Bitcoin exchange-traded funds

News

Vitalik Buterin Pushes Node-Centric Reforms in Ethereum Scaling Overhaul

Coins Legend May 19, 2025 0

Ethereum co-founder Vitalik Buterin has suggested protocol adjustments to prioritize personal node operation, aiming to balance scalability with user privacy and censorship resistance as the network grows. Ethereum Co-Founder Proposes “Local-Node-Favoring” Scaling Adjustments In a recent Ethereum Research blog post, Ethereum co-founder Vitalik Buterin has outlined a series

News

Strategy Hit With Class Action Over Bitcoin—Saylor Named in Lawsuit

Coins Legend May 19, 2025 0

Strategy is facing a purported class action lawsuit accusing it of misleading investors on the risks and profitability of its aggressive bitcoin strategy during a critical growth phase. Class Action Lawsuit Alleges Strategy Misled Investors on Saylor’s Bitcoin Push Software intelligence firm Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, revealed on

News

Bitcoin Price Watch: Market Recoils After $107K Peak, Eyes Key Support

Coins Legend May 19, 2025 0

Bitcoin is currently priced at $102,554 with a market capitalization of $2.03 trillion. The 24-hour trading volume reached $47.58 billion, and the intraday price range fluctuated between $102,126 and $107,115. Bitcoin A recent rejection from the local high of $107,115 signals a significant turning point, especially with heightened selling pressure seen across all major

News

Hyperliquid Daredevil: $508M Bitcoin Long Bet, No Fiat Left, and ‘Paper Hands Will Burn’

Coins Legend May 19, 2025 0

After bitcoin vaulted beyond the $107,000 mark, the leading digital asset retraced and dipped below the $103,000 threshold. Amid this sharp recalibration, the notorious Hyperliquid whale intensified its 40x leveraged bitcoin long position, which now carries a valuation of $508 million. Hyperliquid Whale Claims Bitcoin ‘Volcano’ Is Primed to Explode Based on the most recent

News

Strategy Adds 7,390 Bitcoin, Now Holds Over 576,000 BTC

Coins Legend May 19, 2025 0

Strategy has expanded its bitcoin holdings once again, acquiring an additional 7,390 BTC for approximately $764.9 million at an average price of $103,498 per coin, according to Executive Chairman Michael Saylor. Strategy Adds Another Stack of Bitcoin As of May 18, 2025, the firm now holds 576,230 bitcoin, with a cumulative acquisition cost of about […]

News

Success: El Salvador Boasts Hundreds of Millions of Dollars in Bitcoin Revenue

Coins Legend May 19, 2025 0

El Salvador, the first country to introduce bitcoin as legal tender, has experienced significant success with its cryptocurrency experiment. President Nayib Bukele, a bitcoin enthusiast, has disclosed the revenue that the country has achieved with its “one bitcoin a day” reserve strategy. On social media, Bukele posted an image showing that El Salvador has $357 […]

News

Pioneer Explains Why Crypto Has Not Achieved Its Potential in the Payments Sector

Coins Legend May 19, 2025 0

Wei Dai, a cryptocurrency pioneer known for designing the b-money system, a precursor to bitcoin, criticized the current level of crypto adoption for payments. Dai highlighted that even with the shortcomings of fiat payments, crypto has not managed to make a significant impact in this field. B-Money Pioneer Wei Dai Laments State of Crypto Adoption […]

News

Fireblocks Reveals 90% of Industry Participants Are Actively Engaging With Stablecoins

Coins Legend May 19, 2025 0

Blockchain infrastructure provider Fireblocks has released its ‘State of Stablecoins 2025’ report, highlighting the growing importance of stablecoins in modern payment systems. The report indicates that stablecoins accounted for nearly half of the transaction volume on the Fireblocks platform in 2024, demonstrating their essential role in the modernization of global

News

Major Crypto Firms Spending Millions on Personal Security

Coins Legend May 19, 2025 0

Coinbase, Circle, and Robinhood are spending millions to ensure the security of their top executives as crypto becomes mainstream and criminals begin targeting crypto millionaires. The recent wave of kidnappings in France has heightened the interest of crypto holders in personal security options. Crypto Firms Increase Personal Security Spending Amid Kidnapping Wave The