#Bitcoin

Nike’s NFT Shutdown Sparks $5M Securities Lawsuit

Nike’s moon-shot into digital couture is now a legal meteor shower. On Friday, a group of collectors led by Australian investor Jagdeep Cheema filed a class-action complaint in Brooklyn federal court, alleging the sportswear titan vaporized the value of their RTFKT non-fungible tokens when it shuttered the studio in December 2024. They’re demanding upward of […]

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Lummis Blasts Fed’s “Crypto Pivot” as Empty Gesture

The champagne corks were barely out of the bottle before Senator Cynthia Lummis poured cold water on the party. On Apr. 24 the U.S. Federal Reserve quietly scrapped its 2022 supervisory letter—the memo that had warned banks off stablecoins and most crypto dealings. Within hours, Bitcoin evangelists cheered the “green light” for traditional finance. Strategy’s

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Nasdaq Firm Bets Big on Solana Treasury

DeFi Development Corp, the company Wall Street once knew as Janover, has officially pivoted from commercial-property matchmaking to crypto-native capital deployment. A freshly filed S-3 with the U.S. Securities and Exchange Commission outlines an ambition to raise more than $1 billion—and funnel a meaningful chunk of those proceeds straight into Solana (SOL). The plan is

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Hashdex Debuts First XRP Spot ETF in Brazil

Brazil’s B3 exchange added a new ticker to its boards this week, and it could redefine how institutions gain exposure to Ripple’s native asset. XRPH11, the world’s first XRP spot exchange-traded fund, opened for trading on April 25 under the stewardship of Hashdex, with Genial Investimentos acting as administrator and Genial Bank SA as custodian.

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Citi Sees Stablecoins Hitting $3.7 Tn

Citigroup’s blue-chip research arm, the Citi Institute, has published one of the boldest outlooks yet for the fast-maturing stablecoin sector. In a 62-page report titled “Digital Dollars,” analysts model three scenarios for tokenized cash by 2030: a bearish $0.5 trillion market, a baseline $1.5 trillion landscape—and a turbo-charged $3.7 trillion if regulation and adoption align

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Sovereign Wealth Funds Quietly Stack Bitcoin

When Bitcoin’s price action stalled below $80,000 this spring, on-chain data showed retail wallets tapping out—yet Coinbase’s head of strategy John D’Agostino spotted a very different cohort stepping in. Speaking on CNBC, the former NYMEX director said sovereign wealth funds are now among the most active buyers of BTC, accumulating while mom-and-pop investors rotate into

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El Salvador Taps Nvidia for Sovereign AI

Only three years after putting Bitcoin on par with the U.S. dollar, El Salvador is ready to leapfrog again—this time into the realm of sovereign artificial intelligence. Over the weekend, President Nayib Bukele’s National Bitcoin Office (ONBTC) revealed a letter of intent with U.S. chip titan Nvidia, pledging to equip the volcanic nation with cutting‑edge AI hardware,

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