Bitcoin is trading at $101,645, down 2.79% over the past 24 hours, while ethereum follows at $2,432, marking a 2.9% daily decline. The downward movement coincides with a cascade of liquidations across the crypto derivatives market. Over the last 24 hours, a total of $699.71 million in leveraged positions were wiped out, with long traders

Bitcoin Magazine

The “Digital Gold” Narrative Sells Bitcoin Short
Labeling Bitcoin as “digital gold” is a misrepresentation that reduces the world’s most revolutionary form of money to a mere store of value.
This post The “Digital Gold” Narrative Sells Bitcoin Short first appeared on Bitcoin Magazine and is written by Isaiah Austin.

Bitcoin Magazine

Strategy Grows Bitcoin Holdings to $58.5 Billion with Latest $1.34 Billion Purchase
After purchasing 13,390 BTC for $1.34 billion, Strategy now holds 568,840 bitcoins worth $58.5 billion—solidifying its position as a leading institutional Bitcoin holder and signaling growing confidence in BTC as a strategic treasury asset.
This post Strategy Grows Bitcoin Holdings to $58.5 Billion with Latest $1.34 Billion Purchase first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

The cryptocurrency market welcomed Pepe Coin (PEPE) only two years ago. Despite its rather late entry into the…

Artificial intelligence search startup Perplexity is reportedly in advanced talks to raise $500 million in a new funding round that would value the company at $14 billion, the Wall Street Journal reported, citing people familiar with the matter. The round is expected to be led by venture capital giant Accel, with continued backing from Nvidia,
The post AI search startup Perplexity on track for massive $14 billion valuation – WSJ appeared first on CryptoSlate.

Doodles head of strategy says the price drop was “expected”

After the Royal Government of Bhutan quietly rearranged portions of its bitcoin holdings—holding 7,486 BTC on May 2—some 4,576 BTC has since returned to its reserves, bringing the kingdom’s total stash to 12,062 BTC ten days later. Meanwhile, North Korea’s Lazarus Group has been actively trimming its holdings, falling below Bhutan in the hierarchy of

XRP has climbed more than 10% over the past 24 hours to outperform the broader crypto market. According to CryptoSlate data, the token jumped to $2.59, its highest price since March. The surge triggered more than $20 million in liquidations across derivatives platforms, based on Coinglass data. XRP’s open interest rises XRP’s momentum comes amid
The post XRP outperforms crypto market with 10% jump as open interest surges past $5B appeared first on CryptoSlate.

The cryptocurrency domain is President Trump’s newest point of focus. Trump has made his stance on digital assets…

New York, New York, 12th May 2025, GamingWire