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BitMine Immersion Technologies (NYSE:BMNR) invested $200 million into MrBeast’s Beast Industries as Chairman Tom Lee bets the YouTuber with 330 million subscribers will become “the most impactful entertainment brand in the world” while integrating crypto into a new financial services platform.
Why An Ethereum Company Is Betting On A YouTuber
BitMine is the world’s largest Ethereum (CRYPTO: ETH) treasury company, holding 4.17 million ETH worth roughly $13 billion.
The company’s entire strategy has been buying and holding Ethereum—so putting $200 million into a YouTube creator’s business marks a major shift.
Lee said Beast Industries has unmatched reach with Gen Z, Gen Alpha,…
Read more on Benzinga
The bitcoin price surged above $97,000 this week, marking its strongest level in more than two months, on a mix of economic news and renewed inflows into U.S. spot Bitcoin exchange-traded funds (ETFs.
Crypto investors appear to be kicking off 2026 with a familiar playbook: allocating heavily to Bitcoin ETFs.
On Tuesday, the dozen U.S.-listed spot Bitcoin funds recorded roughly $760 million in net inflows, the largest single-day total since October. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led the pack, absorbing about $351 million, while Bitwise’s BITB and BlackRock’s iShares Bitcoin Trust (IBIT) also posted strong gains.
The momentum accelerated on Wednesday. Data…
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The online casino industry is evolving rapidly, and operators are exploring new ways to engage and retain players beyond traditional promotions. Historically, casinos have relied on bonuses, loyalty points, and advertising to attract users. While effective in the short term, these methods often encourage passive engagement, with limited long-term impact on retention or revenue. As the digital entertainment landscape becomes more competitive, operators are turning to innovative approaches that integrate technology, behavioral science, and gamified experiences. Among these, Web3-enabled incentive frameworks are emerging as a promising strategy to reshape player engagement and unlock new…
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Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev on Wednesday urged the U.S. to take the lead on cryptocurrency policy, citing the unavailability of staking and tokenized stocks in certain regions due to legislative hurdles.
Tenev Concerned Over Legislative Bottleneck
In an X post, Tenev pointed out that staking is one of the “most requested features” on Robinhood, but is unavailable in some jurisdictions due to legislative “gridlock.”
Staking on Robinhood is currently not available in California, Maryland, New Jersey and Wisconsin due to state regulations.
Tenev further rued that tokenized stocks are accessible to Robinhood’s European customers, but not to those in the home…
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Senate Banking Committee Chair Sen. Tim Scott (R-S.C.) said late Wednesday that the committee is delaying the markup of cryptocurrency market structure legislation amid opposition from industry figures.
‘Brief Pause’ To Establish Consensus
Scott said in a statement that the committee is taking a “brief pause” before moving to markup and that all stakeholders involved are “working in good faith.”
David Sacks, the White House Crypto Czar, said that the passage of the market structure legislation is “as close as it’s ever been” and urged the industry to use this pause to sort out the differences.
Lummis Is ‘Deeply Dissappointed’
Sen. Cynthia Lummis (R-Wyo.) thanked…
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Pakistan’s government said Wednesday it’s partnering with World Liberty Financial (CRYPTO: WLFI), a decentralized platform affiliated with President Donald Trump’s family, to “explore” stablecoins for cross-border transactions.
Pakistan To Use Dollar Stablecoins For Payments?
The Pakistan Virtual Assets Regulatory Authority announced in an X post that World Liberty Financial has signed a Memorandum of Understanding with the Ministry of Finance.
The agreement aims to explore “innovation in digital finance”, specifically the use of stablecoins for cross-border transactions.
Zach Witkoff, co-founder and CEO of World Liberty Financial, visited Pakistan and met with the…
Read more on Benzinga
