Day: May 21, 2025

Blackstone buys $1M worth of Bitcoin ETF in first crypto bet

admin

Blackstone, which bills itself as the “the world’s largest alternative asset manager,” disclosed its first-ever crypto-related purchase, buying shares in BlackRock’s spot Bitcoin exchange-traded fund. However, Blackstone’s investment, reported in a May 20 filing with the US Securities and Exchange Commission, only totaled around $1.08 million — a fraction of the asset manager’s $1.2 trillion portfolio. Blackstone reported holding 23,094 shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) as of March 31. The IBIT shares were added to Blackstone’s Alternative Multi-Strategy Fund (BTMIX), which holds $2.63 billion worth of assets,…

Investor lost $123,000 in Bitcoin, XRP after allegedly being drugged and robbed in London

admin

Key Takeaways Jacob Irwin-Cline lost $123,000 in crypto assets after allegedly being drugged and robbed during a London taxi ride. The Metropolitan Police and FBI are investigating the theft, but the likelihood of fund recovery is low. Share this article An American tourist visiting London on a brief layover claims he was drugged and robbed by a fake Uber driver who stole $123,000 worth of Bitcoin and XRP, according to a new report from MyLondon. Jacob Irwin-Cline, a 30-year-old former software developer and crypto investor from Portland, Oregon, said the…

XRP Price Coils for a Breakout — Is The Next Leg Up Imminent?

admin

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

admin

Haliey Welch, better known as the “Hawk tuah girl,” says the Federal Bureau of Investigation briefly probed her after her “memecoin disaster” — the failed launch of a token in her image that she promoted.  Welch said in a May 21 episode of her “Talk Tuah” podcast that the FBI showed up at her grandmother’s house looking to speak to her over the Hawk Tuah (HAWK) crypto token, which many crypto commentators have called an exit scam. “After the coin launch, the feds came to granny’s house and knocked on…

Ethereum Price Maintains Key Support — Is a Breakout Rally Brewing?

admin

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. Ethereum price found support at $2,350 and started a fresh increase. ETH is now rising and might aim for a move above the $2,580 resistance zone. Ethereum started a…

NYC Mayor Eric Adams launches crypto advisory council

admin

New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.” “This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto Summit on May 20. “We want to use the technology of tomorrow to better serve New Yorkers today.” “We have experts right here, and they are going to help us navigate solutions that serve our city,” he added. “The age of…

SEC charges Unicoin and executives for alleged $100 million fraud

admin

The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex Dominguez with misleading investors about certificates that conveyed rights to receive Unicoin tokens and stock. Mark Cave, associate director in the SEC’s Division of Enforcement, claimed the trio “exploited thousands of investors with fictitious promises…

Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

admin

Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. Strive said in a May 20 regulatory filing that it partnered with 117 Castell Advisory Group LLC to target claims to Bitcoin (BTC) that have received definitive legal rulings but are still awaiting distribution. The company said buying the claims would allow it to purchase Bitcoin at a discount and grow its Bitcoin per share ratio ahead of…

Attendees At First New York City Crypto Summit Implore Mayor Adams To End The BitLicense

admin

Today, New York City hosted its first ever crypto summit. The event took place at Gracie Mansion, the mayor’s residence, and was attended by prominent figures from the crypto industry, many of whom are based in New York. At the event, Mayor Adams made the case that he felt the attendees’ pain, stating that they’ve wrongfully been persecuted, and he claimed that it’s now safe for those in the Bitcoin and crypto industry to both speak up and set up shop in New York. “Look how they’ve treated you,” said…