2025-05-06 QUICK TAKEAdTech firm Thumzup, which began accumulating bitcoin at the start of the year as a treasury asset, is offering up to $200 million to investors to buy more bitcoin. The Strategy-inspired play has recently been copied by a variety of other companies, seeking to hold several different ass...

2025-05-06 QUICK TAKESpot bitcoin ETFs saw $1.81 billion in net inflows last week, compared to $3.06 billion the previous week.Bitcoin traded down 1.35% in the past 24 hours.U.S. spot bitcoin exchange-traded funds reported $1.81 billion in net inflows last week, extending their streak of positive weekly inf...

2025-05-06 QUICK TAKEStrategy bought 1,895 additional bitcoin last week using proceeds from stock sales.The company now holds 555,450 bitcoin in total, acquired for around $38 billion.At the current bitcoin price of around $94,000, Strategy is sitting on a paper gain of about $14.2 billion.Michael Saylor's ...

2025-05-06 QUICK TAKEMentions of “cryptocurrency” in SEC filings hit a record 786 in April, while references to “stablecoins” more than doubled in recent months.The following is an excerpt from The Block’s Data and Insights newsletter. Mentions of the word "cryptocurrency" in SEC filings hit an all-time hig...

2025-05-06 QUICK TAKEA Democratic source connected to the House Financial Services Committee confirmed the news reports and said a counter-roundtable from Democrats was being planned. A spokesperson for Rep. French Hill said they encourage Waters to “reconsider.” House Democrats are reportedly planning to w...

2025-05-06 QUICK TAKERiot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 millionSam Altman’s World project hit with suspension in Indonesia over alleged regulatory violationsStrategy buys another 1,895 bitcoin for $180 million — now owns 555,450 BTCThe following is adapted from ...

2025-05-06 QUICK TAKEFlorida’s House Bill 487 and Senate Bill 550 were “indefinitely postponed and withdrawn from consideration,” according to the state legislature’s website.The two bills would have authorized investments in bitcoin from certain public funds in the state.Florida has postponed two bills tha...

2025-05-06 QUICK TAKETrish Turner, a longtime IRS official, has been appointed to lead the agency’s crypto unit.Her appointment follows the exit of Sulolit Mukherjee and Seth Wilks, who co-led the unit for a little over a year.The Internal Revenue Service's digital assets unit, responsible for overseeing cr...

2025-05-06 About Consensus 2025CoinDesk, a trusted media, events, indices, and data platform for the global crypto economy, is bringing their flagship event, Consensus, to Canada for the first time. As the world's longest-running and most prestigious crypto and blockchain gathering, Consensus will be bringi...

2025-05-06 New energy storage is like a "super power bank". It can regulate peak, frequency, and voltage during power operation, and plays an important role in promoting the development and consumption of new energy and ensuring the safe and stable operation of the power system. In recent years, my country'...