Day: May 29, 2025

Jack Mallers Announced A New System Of Bitcoin Backed Loans At Strike

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The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate. Jack Mallers began his keynote by pointing at the biggest problem. Fiat currency.  “The best time to go to Whole Foods and buy eggs with your dollars was 1913,” said Mallers. “Every other time after, you are getting screwed.” What’s the solution? “The solution is Bitcoin,” stated Mallers. “Bitcoin is the money that we coincide that nobody can print.…

Lyn Alden Makes The Case For BTC At Bitcoin 2025

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“Nothing stops this train,” Lyn Alden initially stated at Bitcoin 2025, walking the audience through a data-rich presentation that made one thing clear: the U.S. fiscal system is out of control—and Bitcoin is more necessary than ever.  Her first chart, sourced from the Federal Reserve’s FRED database, displayed a stark decoupling: the unemployment rate is down, yet the fiscal deficit has surged past 7% of GDP. “This started around 2017, went into overdrive during the pandemic, and hasn’t corrected,” Alden said. “That’s not normal. We’re in a new era.”  She…

Reform UK party to accept crypto donations

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The leader of the Reform UK political party, Nigel Farage, announced that the group is accepting Bitcoin and other cryptocurrency contributions from eligible donors. Speaking at the Bitcoin 2025 conference in Las Vegas on May 29, Farage said the party had begun accepting crypto donations. A blog post from crypto payments provider Radom said Reform would use the platform to facilitate donations, making it the first major group to do so amid the Conservative and Labour parties, who hold most of the seats in the UK’s House of Commons.  “[A]s…

MidasRWA launches mTBILL on Algorand offering 4.06% yield

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German tokenization protocol Midas has launched a tokenized US Treasury bill on the Algorand blockchain, offering European investors exposure to yield-bearing government bonds with no investment minimum required.  The mTBILL is a tokenized certificate that references short-term US Treasury exchange-traded funds (ETFs), Midas announced on May 29.  The first atomic swap was executed by a third party on the Algorand blockchain on May 27. As part of the transaction, $2 million in USDC (USDC) was exchanged for mTBILLS. Midas says the mTBILL offers a lower barrier to entry for retail…

Solana rally capped by SOL token unlock and memecoin decline

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Key takeaways: Solana’s native token, SOL (SOL), dropped 10% following a sharp rejection at the $185 level on May 23. The current $167 mark is the lowest in over a week, leading traders to question the reasons behind the recent decline and whether SOL might revisit the $142 support level. Despite the price drop, SOL holders can take some comfort in Solana’s position as the second-largest network in terms of total value locked (TVL). Still, Ethereum’s dominance remains unchallenged, supported by a broad layer-2 ecosystem that offers low fees and…

context matters for securities laws

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What qualifies as a securities transaction depends more on the nature of the deal than the asset itself, according to US Securities and Exchange (SEC) Commissioner Hester Peirce. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Peirce said the SEC needs to develop a framework outlining situations in which crypto transactions fall under the purview of securities laws. Examples of this might include offering cryptocurrency to investors as part of an initial public offering (IPO) or tokenizing a company’s stock. Peirce told the audience: “Most crypto assets as…

$94 Billion Settled in Roughly Two Years

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Stablecoins are gaining ground as a reliable tool for digital payments. New data from Artemis shows that $94.2 billion in stablecoin transactions were settled between January 2023 and February 2025. The report shed light on a few specific rising areas for stablecoin payments. Business-to-business transactions made up the largest block, accounting for an annual run rate of $36 billion. Card-linked stablecoin payments have also grown, jumping above $13.2 billion in annual volume. “Overall, stablecoins have established themselves as growing and significant components of the global payment infrastructure,” the report notes.…

“Bitcoin Is Not Just Safe, It’s Prosperous”

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At the 2025 Bitcoin Conference in Las Vegas, the Director of Bitcoin Beach Mike Peterson, the Presidential Advisors of Building Bitcoin Country El Salvador Max & Stacy and the Mayor City of Panama Mayer Mizrachi discussed Bitcoins future in Panama. At the beginning of the panel, Is Panama Next? El Salvador Leading The Region For Bitcoin Adoption, Mayor Mizrachi started by mentioning, “We accept Bitcoin. The city gets paid in Bitcoin, but it receives in dollars through an intermediary processing, payments processor. Bitcoin is not just safe. It’s prosperous.” Max…

SEC moves to dismiss Binance lawsuit

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The US Securities and Exchange Commission and Binance have filed a joint stipulation seeking to dismiss the securities regulator’s action against the crypto exchange, filings show. The dismissal specifically relates to the civil enforcement action brought against Binance Holdings, BAM Trading Services, BAM Management US Holdings and Binance’s former CEO, Changpeng Zhao, back in June 2023. The joint stipulation was agreed and signed by the SEC’s acting director of the Enforcement Division, Samuel J. Waldron, and Binance’s attorney Daniel W. Nelson, among others, the May 29 court filing showed. This…

CEO Paolo Ardoino Said, “Tether Will Be The Biggest Bitcoin Miner In The World”

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Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether. Paolo Ardoino began his speech by saying, “last year we made $13 billion in profit. We keep a $120 billion blast in US treasuries as of now. We have committed to bring re-invest a lot into Bitcoin. We now have more than 100,000 Bitcoin that we own as a company.” “Bitcoin is perfect, gold is imperfect,” said Paolo Ardoino explained a little of their history…