KindlyMD, Inc. (NASDAQ: KDLY), a Utah-based healthcare services provider, has entered into a merger agreement with Nakamoto Holdings Inc., a Bitcoin-native holding company. The transaction, announced on May 12, 2025, includes $710 million in financing through a combination of private placement and convertible notes. The merger will create a publicly traded company focused on establishing a Bitcoin treasury strategy, with $510 million raised through private placement in public equity (PIPE) at $1.12 per share and $200 million in senior secured convertible notes maturing in 2028. David Bailey, founder of BTC…
Day: May 12, 2025
Analyst Reveals Factors That Will Make It Happen In 2025
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Following the XRP price’s stellar performance in the current bull cycle, a crypto analyst has now predicted that the value of the third-largest cryptocurrency could soon soar to $10…
US crypto ETFs smash new record amid 4-week inflow streak
Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approached all-time high asset levels. Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total inflows year-to-date (YTD), according to data from European crypto investment firm CoinShares. Total YTD inflows now stand at $6.7 billion, closing in on the record $7.3 billion posted in early February, according to CoinShares’ head of research James Butterfill. Weekly crypto ETP inflows since late 2024. Source: CoinShares Amid…
BTC bulls get ‘biggest signal’ — 5 Things to know in Bitcoin this week
Bitcoin (BTC) launches into US CPI week with new multimonth highs as traders dig in for volatility. BTC price action is giving increasingly bullish signals, joined by a key cross on the weekly MACD indicator. The weekly close fell just short of expectations, raising doubts over whether price discovery will return in the immediate future. CPI and PPI headline the week’s US macro data drops, but markets are all about the US-China trade deal and its implications. Bitcoin supply in loss drops below 2% in a rare test of hodlers’…
Ethereum flips Coca-Cola and Alibaba as ETH gains 42% in 5 days
Ether’s market capitalization surged 42% in five days following the successful launch of Ethereum’s Pectra upgrade on its mainnet. On May 12, the company data tracker 8marketcap showed Ether (ETH) surpassing Coca-Cola and Alibaba, ranking as the world’s 39th-largest asset by market capitalization. ETH was trading at about $2,550 at publication time, with a market cap exceeding $308 billion. By comparison, Coca-Cola stock trades at around $70, giving it a market cap of $303.5 billion. Alibaba stock trades at about $125, with a market capitalization of $303.7 billion. ETH’s recent…
Crypto custodian BitGo secures MiCA license in Germany
Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union. Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted BitGo Europe a Markets in Crypto-Assets Regulation (MiCA) license to provide digital asset services in the EU, the firm announced on May 12. The license allows BitGo to offer services to crypto-native firms and traditional finance institutions, including banks and asset managers within the EU. Source: BitGo “This license underscores our commitment to the highest standards of security, transparency,…
Bitcoin paints $150K BTC price rally setup as US, China agree to slash tariffs
Key takeaways: Bitcoin broke above $105,700 after the US and China agreed to slash tariffs. A confirmed bull flag breakout on the weekly chart projects a $150,000. Bitwise’s sentiment index warns of potential short-term overheating. Bitcoin (BTC) bulls cheered a major development in the ongoing US-China tariff talks, with the cryptocurrency climbing over the $105,700 mark on May 12 for the first time in four months, further confirming a bullish continuation setup with a $150,000 price target. BTC/USD weekly price chart. Source: TradingView US-China trade truce fuels Bitcoin boom The…
US and China agree to temporarily lower tariffs, set clock for negotiations
Key Takeaways Bitcoin reached $105,000 as the US and China announced a temporary tariff reduction. The US and China have a 90-day window to negotiate trade differences following the tariff reduction. Share this article The US and China have agreed to temporarily reduce bilateral tariffs, opening a 90-day window for renewed trade negotiations aimed at de-escalating tensions. In a joint statement issued in Geneva, both governments have committed to lowering tariffs on each other’s goods for a 90-day period. The move creates a crucial window to restart stalled negotiations and…
How to Stake Bitcoin (BTC) in 2025 – Is It Even Possible?
Key takeaways Though Bitcoin doesn’t support native staking, holders can earn yield through centralized lending platforms, Wrapped Bitcoin (WBTC) on Ethereum, and Bitcoin-related networks like Babylon and Stacks. WBTC allows BTC holders to participate in lending, liquidity pools and yield farming on Ethereum-based DeFi platforms like Aave and Curve but introduces bridge and smart contract risks. Protocols like Babylon and Stacks use mechanisms like native time-locked scripts or stacking to offer rewards without removing BTC from the Bitcoin blockchain. Custodial, smart contract and regulatory risks persist. Bitcoin’s community also remains…
Feds deny late disclosure of evidence in Samourai Wallet case
US federal prosecutors have rebutted claims they suppressed evidence in their case against the co-founders of the crypto mixing service Samourai Wallet, arguing their disclosure of a conversation with Treasury Department staff was made within the required timeframes. In a May 9 letter to a Manhattan federal court, prosecutors opposed a request for a hearing, claiming they handed over “all known substantive communications” between them and the Treasury’s Financial Crimes Enforcement Network (FinCEN) regarding Samourai “months in advance of pretrial motions and trial.” “The defendants will have seven months to…