Tribalism Is Not The Core Problem

The United States government stands mere months, if not weeks, from the passing of stablecoin legislation that will set the playing field for the global economy for decades, if not centuries, to come. 

During this crucial moment, in which we should all be keeping our eyes locked with precision on the prize, the best and brightest defenders of the one neutral digital asset have once again bifurcated into the trenches of “Us. Vs Them.” As sure as the next block, seemingly every ten minutes there’s another attempt from a faction within the group to imbue an intense ethical intention over the invention of Bitcoin. These groups converge to share interpretations of the Sacred Text…

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Standard Chartered Backs $500K Bitcoin Target, Citing Growing Government Exposure Through MSTR

Sovereign investment in Bitcoin is accelerating—just not always in the most direct way. In a new report, Standard Chartered Bank says indirect exposure via Strategy (formerly MicroStrategy) is quietly increasing among government entities, reinforcing the bank’s long-standing price prediction that Bitcoin will reach $500,000 before President Donald Trump leaves office in 2029.

“The latest 13F data from the U.S. Securities and Exchange Commission (SEC) supports our core thesis that Bitcoin (BTC) will reach the $500,000 level before Trump leaves office as it attracts a wider range of institutional buyers,” wrote Geoffrey Kendrick, Standard Chartered’s global head of digital…

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LATEST: Susquehanna Buys More Bitcoin, Holdings Hit $1.3 Billion in Q1

Susquehanna has significantly increased its investment in Bitcoin ETFs now holding approximately $1.3 billion across more than 17.5 million shares according to its latest SEC filing. This move highlights strong institutional confidence in regulated cryptocurrency investment vehicles during a time of growing interest in digital assets.

The firm is already a major player in crypto markets trading a range of instruments including spot futures options and swaps on global exchanges. Bitcoin ETFs allow institutions like Susquehanna to gain exposure without the need for direct custody offering regulatory clarity and seamless integration with existing systems. These funds also provide the liquidity required for managing large investments efficiently.

Susquehanna’s strategy aligns with a broader trend among financial institutions embracing crypto as a long-term asset. The firm has maintained a solid Bitcoin position for years showing resilience during market swings. Its continued investment reflects a strong belief in the future of cryptocurrency regardless of short-term volatility or price fluctuations.

SEC filing

Auradine Expands Bitcoin Mining Solutions With Advanced ASIC Chips, Cooling Systems, And Modular Megawatt Containers

Auradine Inc., a U.S.-based Bitcoin miner manufacturer, today announced it is unveiling a broadened portfolio of mining products at the Bitcoin 2025 Conference in Las Vegas, featuring high-performance ASIC chips, specialized cooling systems, and fully integrated modular containers engineered for scalable, megawatt-class mining operations, according to a press release sent to Bitcoin Magazine.

“Our goal is to democratize access to Bitcoin mining and enable innovative integrations,” said the CEO and Co-Founder of Auradine Rajiv Khemani. “Whether you’re running a megawatt container or building a small form-factor heater-miner for your home, we provide the chips, systems, and…

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How 3 projects show the rise of consumer crypto

This is a segment from the Empire newsletter. To read full editions, subscribe.

As crypto continues to shift to a more fundamental focus, it makes sense that new metrics will be introduced — such as net new assets (NNAs). 

Blockworks Research defines them as “assets that didn’t previously exist and/or couldn’t exist without crypto rails.” And, to be fair, it’s not a new metric to track, according to my colleague Ryan Connor.

Connor penned a report on NNAs and how they play into the rise of consumer crypto, something I’m keenly interested in.

Basically, Connor makes the case that crypto is becoming more mainstream and rolling out the red carpet for the…

Read more on Blockworks

How 3 projects show the rise of consumer crypto

This is a segment from the Empire newsletter. To read full editions, subscribe.

As crypto continues to shift to a more fundamental focus, it makes sense that new metrics will be introduced — such as net new assets (NNAs). 

Blockworks Research defines them as “assets that didn’t previously exist and/or couldn’t exist without crypto rails.” And, to be fair, it’s not a new metric to track, according to my colleague Ryan Connor.

Connor penned a report on NNAs and how they play into the rise of consumer crypto, something I’m keenly interested in.

Basically, Connor makes the case that crypto is becoming more mainstream and rolling out the red carpet for the…

Read more on Blockworks

Ben Allen Receives Maelstrom Bitcoin Developer Grant To Advance Payjoin Tech

Ben Allen has been named the third recipient of the Maelstrom Bitcoin Developer Grant, the family office of Arthur Hayes announced in a recent press release sent to Bitcoin Magazine. Over the next year, Allen will focus on enhancing the Payjoin Dev Kit project, a privacy-focused Bitcoin transaction tool designed to improve user anonymity and network scalability.

Payjoin, first introduced in 2019 by Nicolas Dorier in BIP 78, allows both the sender and receiver to contribute inputs to a single Bitcoin transaction. This disrupts common assumptions used by financial surveillance firms, namely the idea that multiple transaction inputs must come from a single entity. By breaking this…

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Proof Of Reserves Should Be The Standard For Bitcoin Treasury Companies

“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.”— Satoshi Nakamoto (2009)

Bitcoin was created to eliminate the need for trusted intermediaries. It replaced opaque, permissioned systems with transparency, auditability, and decentralized verification. The ethos was clear from day one: don’t trust—verify.

And yet, many of the institutions…

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LATEST: Asset Manager Bitwise Crypto ETF $BITQ Surpasses $200 Million Milestone

Bitwise’s Crypto Industry Innovators ETF $BITQ has officially crossed $200 million in assets under management signaling strong investor confidence in the growing crypto economy. The announcement was made on X as Bitwise highlighted the increasing demand for exposure to companies driving crypto innovation.

$BITQ offers investors indirect access to the crypto sector through leading firms actively shaping the digital asset space. Top holdings include MicroStrategy (11.78%), Coinbase (10.37%) and Marathon Digital (8.56%). Other notable names include Galaxy Digital (6.54%), Core Scientific (5.28%) and Riot Platforms (4.16%). These companies reflect the infrastructure backbone of the expanding crypto market.

While $BITQ does not invest directly in crypto assets the fund targets firms that use or hold crypto in their operations. Bitwise emphasized the need for investors to understand the risks including high volatility and regulatory uncertainties. The ETF’s continued growth shows rising interest in crypto-focused equities as traditional investors seek opportunities in the digital financial revolution.

LATEST: Nasdaq-Listed DigiAsia Plans to Raise $100M to Buy More Bitcoin

DigiAsia Corp has announced plans to raise up to $100 million to create a bitcoin treasury reserve joining a growing number of public companies turning to crypto for balance sheet diversification. The company said it could allocate up to 50% of future net profits toward bitcoin purchases signaling a major strategic shift.

Shares of DigiAsia soared 91 percent during regular trading on Monday after the announcement before dipping 22% in after-hours trading. Despite the rally the stock remains over 50% down for the year. DigiAsia reported $101 million in revenue for 2024 and expects $12 million in earnings before interest and taxes.

The fintech firm is also exploring yield-generating opportunities such as institutional lending and staking through regulated platforms. Co-CEO Prashant Gokarn called bitcoin a compelling long-term investment and a strong foundation for modern treasury management. DigiAsia is reviewing funding options including convertible notes and crypto-linked instruments to back its bitcoin strategy.

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