Maxfield Mellenbruch — an American sculptor, designer, and the creator of the iconic Kialara series — returns to the bitcoin stage with Rare, a platinum and gemstone-encrusted sculpture appraised at over $2 million. Mellenbruch first gained recognition in 2014 for crafting cold-storage Bitcoin wallets that blurred the line between high design and cryptographic function, earning a cult following among early adopters and collectors alike. His work explores themes of security, value, and permanence in the digital age.

Now, with Rare, he unveils his most ambitious piece to date. On view exclusively in the Deep Vault VIP exhibition during Bitcoin Conference 2025 in Las Vegas, Rare…

Read more on BitcoinMagazine

Bitcoin is racing toward a new all-time high as bullish sentiment intensifies. Standard Chartered’s head of digital assets Geoffrey Kendrick now believes his previous target of $120,000 by Q2 might be too conservative. He previously forecasted this high based on strong accumulation by major holders and a shift away from US-based assets.

Kendrick noted that Bitcoin’s dominant narrative has shifted from risk asset correlation to powerful inflows from institutional investors. With the cryptocurrency trading just below $100,000 he highlighted that the $120,000 mark now looks very achievable and could be surpassed soon. Inflows into US spot Bitcoin ETFs have topped $5.3 billion in just three weeks indicating massive institutional interest.

Large-scale investments are supporting the rally including MicroStrategy’s continued Bitcoin purchases and holdings by major entities like the Abu Dhabi sovereign fund and the Swiss National Bank. Kendrick remains confident with a year-end target of $200,000 suggesting Bitcoin’s momentum is far from over.

Standard Chartered’s Head of Digital Assets, Geoffrey Kendrick, is rethinking his bullish bitcoin forecast, and not because he was too optimistic.

“I apologise that my USD120k Q2 target may be too low,” Kendrick said Thursday in an email to clients, walking back his earlier prediction that bitcoin would peak around $120,000 in Q2 2025.

Just last month, Kendrick projected a new all-time high for bitcoin by mid-year, driven by “a strategic asset reallocation away from US assets” and accumulation by “whales” referring to major holders with large positions. 

But with bitcoin now hovering near $100,000 and surging more than 3% on the day to $99,293.54, Kendrick admits the…

Read more on BitcoinMagazine

Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the industry’s history.

Coinbase will acquire Panama-based Deribit, which currently handles a massive volume of global Bitcoin and crypto options trading volume. Subject to regulatory approvals, the acquisition is expected to close in the second half of 2025.

Under the terms of the agreement, Coinbase will pay $700 million in cash and 11 million shares of Coinbase’s Class A common stock, the company said in a blog post.

Deribit CEO Luuk Strijers said, “We’re excited to join forces with Coinbase to power a new era in…

Read more on BitcoinMagazine

Parenting isn’t rocket science. It’s much harder. With all due respect to rocket scientists, the implications of a failed launch are far less consequential than a failed parenting strategy.

Progress is a more attainable goal to strive for, and taking steps that lead to meaningful change is all you can really hope for. Parenting is the most challenging and most rewarding responsibility afforded to us in this life. Imagine bringing a whole entire human being into this world who is a literal piece of you and not being awed by such a profound blessing. Your family is your biggest flex.

Still, perfection is a trap. If you expect perfect days, perfect moods, perfect meals, or perfect…

Read more on BitcoinMagazine

Comprehensive ecosystem offers institutional-grade trading, custody, and wealth management solutions—all under one roof.

As bitcoin matures from niche asset into essential financial cornerstone, individuals and institutions require an integrated, trustworthy, and sophisticated partner across their entire bitcoin journey.

At Onramp, we’ve meticulously developed a full-suite bitcoin financial services ecosystem designed to seamlessly support you from initial accumulation through long-term stewardship, inheritance planning, and beyond.

Introducing Onramp Trade

We’re proud to announce the launch of Onramp…

Read more on bitcoinnews

A new kind of Bitcoin Treasury Company has emerged—one designed not only to accumulate Bitcoin, but to outperform it.

This week during Bitcoin For Corporations at Strategy World 2025, Strive Asset Management announced it is combining with NASDAQ-listed Asset Entities (ASST) to become the first publicly traded asset manager-led Bitcoin Treasury Company.

But this isn’t just another balance sheet allocation.

Strive is industrializing the Bitcoin treasury playbook—introducing a multi-engine model that leverages tax advantages, capital markets, and balance sheet engineering to drive one clear outcome: “Maximize Bitcoin per share. Outperform Bitcoin over… Read more on BitcoinMagazine

Arizona has become the first US state to create a Bitcoin and Digital Asset Reserve Fund after Governor Katie Hobbs signed House Bill 2749 into law on May 7. The law allows the state to claim unclaimed cryptocurrency after three years of no contact with the owner and use it to build a reserve without using taxpayer money or state funds.

The state’s custodians can stake the recovered crypto or collect airdrops with all earnings deposited into the newly established reserve. Bill sponsor Jeff Weninger said this move lets Arizona lead the nation in managing digital assets while protecting property rights and recognizing the growing role of crypto in the economy.

Governor Hobbs’ approval comes just days after she vetoed a similar proposal involving public funds. Her support of HB 2749 now raises hopes she may also approve Senate Bill 1373 which would let the state invest up to 10 percent of its rainy day fund into Bitcoin. Crypto supporters see this as a major step forward.