GoPro Founder Lends Company $20M After 99% Stock Collapse.
GoPro founder Nick Woodman has extended a $20 million personal loan to the embattled action camera company following a catastrophic 99% decline in its stock price from its peak valuation.…
PepsiCo Says Tight Consumer Budgets Are Slowing US and Beverage Demand.
PepsiCo has reported softening demand for its beverages and snacks in the United States, attributing the slowdown to tight consumer budgets and heightened price sensitivity amid persistent inflation pressures. The…
Bitcoin Climbs to $63,000 as Markets Shrug Off Iran Airstrikes.
Bitcoin has reclaimed the $63,000 level as global markets appeared to shrug off reports of Iranian airstrikes, demonstrating resilience amid renewed geopolitical tensions. The cryptocurrency’s recovery reflects sustained buying interest…
Bitmine Buys Another $70M in ETH as Treasury Nears 5% of Supply
Bitmine has added another $70 million in Ethereum to its corporate treasury, bringing its total holdings closer to 5% of the entire ETH supply. The latest purchase reinforces the company’s…
Kenya Moves to Deploy Blockchain Analytics Before Crypto Licensing Begins.
Kenya is advancing plans to implement blockchain analytics tools ahead of its formal cryptocurrency licensing regime, aiming to strengthen monitoring capabilities and combat illicit finance as the country prepares to…
Trump Defends Earning More Than $1bn On Crypto
President Donald Trump has strongly defended his reported earnings exceeding $1 billion from cryptocurrency ventures, calling the gains a legitimate outcome of successful business initiatives and strong market demand for…
CFTC Sues Crypto Pool Operator Over Alleged $14M Fraud.
The U.S. Commodity Futures Trading Commission has filed a lawsuit against a cryptocurrency pool operator accused of defrauding investors of approximately $14 million through misleading representations and misappropriation of funds.…
Russia Advances Crypto Bill After Dropping Wallet Address Disclosure Rule.
Russia has moved forward with its comprehensive cryptocurrency legislation after removing a controversial provision that would have required mandatory disclosure of wallet addresses. The amendment eases concerns from the crypto…
Kalshi Loses New York Court Bid Over Sports Prediction Markets.
Kalshi, the prominent prediction market platform, has lost its court challenge in New York seeking approval to offer sports event contracts. The ruling represents a significant regulatory hurdle for the…
Bitcoin Price Faces $60K Test as U.S.-Iran Conflict Escalates.
Bitcoin is under pressure at the key $60,000 support level as escalating tensions between the United States and Iran heighten geopolitical risk and market uncertainty. The cryptocurrency’s current test reflects…