Riot Platforms has arranged a $100 million bitcoin-backed credit facility with Coinbase Credit. The 364-day loan, pegged to the federal funds rate plus 4.5%, lets the miner draw funds as needed while preserving shareholder equity, supporting strategic projects and general corporate purposes.
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Category: Cryptocurrencies
Top $TRUMP Holders Invited to Private Dinner with Donald Trump as Token Surges 64%
President Donald Trump will host a private dinner for the top 220 $TRUMP token holders on May 22, fueling a 64% price surge and renewed market interest as holders compete for exclusive access and VIP perks.
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Michael Saylor Says Newly-Confirmed SEC Chair Paul Atkins Will Be Good For Bitcoin
SEC Chairman Paul Atkins has made digital asset rules a top priority, pledging a rational, principled framework to keep the United States the safest market for crypto firms. Michael Saylor welcomed the stance as Strategy added 6,556 BTC and Bitcoin traded close to $93,000.
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El Salvador Pitches $10K Cross-Border Crypto Sandbox to SEC for Token Tests
EL Salvador has presented U.S. regulators with a cross-border crypto sandbox using its digital-asset framework. Two $10K pilots—one in real-estate tokenisation, the other in token-based capital raising—would give the SEC evidence on custody, broker-dealer roles and token classification.
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Cantor Fitzgerald to Launch $3B Bitcoin Investment Vehicle With Tether and SoftBank: Report
Cantor Fitzgerald is set to launch a multibillion-dollar Bitcoin fund with SoftBank, Tether and Bitfinex as institutional interest grows under Trump’s pro-crypto stance.
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Tesla Posts $951M in Bitcoin Holdings Despite 20% Drop in Q1 Auto Revenue
Tesla ended Q1 with $951M in Bitcoin, down from $1.076B last year due to price declines, while holding its full crypto position, on-chain data shows.
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Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner
The Australian court found that the discontinued ‘Earner’ product was a loan, not a managed investment scheme, dismissing ASIC’s allegations.
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SEC Drops Plan to Refile Securities Fraud Case Against Hex Founder Richard Heart
The SEC has announced it will not pursue further legal action against Richard Schueler, better known as Richard Heart, the founder of Hex, PulseChain, and PulseX.
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Bitcoin Price Rockets to $94K—Is This Just the Start?
Bitcoin nears $95,000 as institutional momentum grows. Cantor, SoftBank, and Tether unveil $3B crypto venture, while Tesla and Malaysia boost blockchain confidence.
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CNBC Poll: 50% Disapprove of Elon Musk as Tesla Profit Drops 71%
Results from the CNBC All‑America Economic Survey have shown deepening skepticism toward Elon Musk and Tesla: 50 % of Americans now view the billionaire unfavorably and 47 % hold a negative opinion of the automaker, a backdrop to Tesla’s first‑quarter profit plunge and continued stock‑market pressure
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