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Pro-crypto Karol Nawrocki is Polish President

3 Jun 2025 1 minute read 0 comments Yugocean

Polish conservative and pro-crypto leader Karol Nawrocki has won Poland’s presidential election with 50.89% of the vote. While it remains uncertain whether Nawrocki personally holds any cryptocurrency, he has expressed support for the cryptoverse and...

Will TMTG raise $3B?

27 May 2025 1 minute read 4 comments Yugocean

     The Financial Times has reported that the Trump Media & Technology Group (TMTG) is allegedly planning to raise 3 billion —2 billion through a stock offering and $1 billion via convertible bonds — with the intention of investing in cryptocurrenci...

BTC's historic surge on Bitcoin Pizza Day

23 May 2025 1 minute read 0 comments Yugocean

     On May 22, 2025, as the crypto community celebrated the 15th Bitcoin Pizza Day, the value of Bitcoin reached a new ATH of $111093.58. The value of BTC is still above 110k while altcoins are struggling.   On this day in 2010      Laszlo Hanyecz...

Bitcoin nation El Salvador will tax 30% on foreign funds

22 May 2025 1 minute read 2 comments Yugocean

     El Salvador has imposed a 30% tax on foreign donations to NGOs. NGOs around the world are spreading chaos by smuggling funds. Bukele has taken steps to control this problem.      I even think that El Salvador's NGOs also get funds from the IMF,...

Vivek Ramaswamy's Strive Asset Management Eyes Bitcoin Reserve via Mt. Gox Purchase

21 May 2025 1 minute read 2 comments Yugocean

     Strive Asset Management, under the leadership of Vivek Ramaswamy, has unveiled plans to build a strategic Bitcoin reserve. As part of this initiative, the firm is aiming to acquire 75k Bitcoins from the collapsed Mt. Gox exchange at a discounted...

E-Commerce Firm DDC Enterprise Adopts Bitcoin

16 May 2025 1 minute read 2 comments Yugocean

  DDC Enterprise, a consumer brand and e-commerce company operating in China and the United States, has announced to adopt Bitcoin as a strategic reserve asset. The company has initiated this strategy by purchasing 100 BTC and aims to accumulate a to...

Hut 8 Navigates Strategic Shift Amidst Q1 Losses

9 May 2025 1 minute read 1 comment Yugocean

     In the first quarter of 2025, Canadian Bitcoin mining firm Hut 8 reported a net loss of 134.3 million despite significant operational progress, marking a 60% drop. However, Hut 8's stock experienced bull, buoyed by Bitcoin's surge past the $100k...

Arizona Governor Vetoes Bitcoin Bill

4 May 2025 1 minute read 0 comments Yugocean

     Arizona Governor Katie Hobbs has vetoed the state's proposed Bitcoin bill, citing Bitcoin as an untested investment. Arizona thus becomes the first US state where such a bill has been formally rejected by a sitting governor. This move raises fre...

Cantor Fitzgerald, SoftBank, Tether, and Bitfinex Form Institutional Investment Partnership in Bitcoin

23 Apr 2025 1 minute read 1 comment Yugocean

     A new collaboration has been established between Cantor Fitzgerald, SoftBank, Tether, and Bitfinex, aiming to invest approximately $3 Billion in Bitcoin. Let's check it. Strategy 2.0:      The partnership, involving major financial entities des...

Trump Government May Use Tariff Revenue to Buy Bitcoin

16 Apr 2025 1 minute read 4 comments Yugocean

       According to Bo Hines, Executive Director of the President's Advisory Council on Digital Assets, the Trump administration is considering the use of tariff revenue to purchase Bitcoin. Lets understand it: Strengthening Reserves Without Tax...