The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
cointelegraph.com
Bitcoin profit-taking underway as ‘big whales’ continue sell-off [cointelegraph]
The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues.
Trump memecoin wallet in ‘absolute chaos’ as family org unaware of launch [cointelegraph]
The announcement of a Donald Trump-branded crypto wallet from the team behind his memecoin has been muddled after the president’s sons disavowed it.
Meta signs 20-year nuclear energy deal to power AI [cointelegraph]
Meta will use nuclear energy to power its data centers and AI models with a 20-year deal to secure 1.1 gigawatts of energy from an Illinois facility.
Trump-linked asset manager files Truth Social Bitcoin ETF with SEC [cointelegraph]
A Bitcoin ETF branded with Donald Trump’s social media platform, Truth Social, is seeking a green light from the Securities and Exchange Commission.
US military leadership to back Bitcoin strategic reserve — Senator Lummis [cointelegraph]
The Senator’s comments addressed the tensions between the US and China, citing US generals based in Southeast Asia.
CleanSpark ramps up Bitcoin mining by 9% in May, boosts hash rate, power capacity [cointelegraph]
The miner’s May output shows resilience but still lags behind competitors MARA and Riot Platforms.
CleanSpark ramps up Bitcoin mining by 9% in May, boosts hashrate, power capacity [cointelegraph]
The miner’s May output shows resilience but still lags behind competitors MARA and Riot Platforms.
Tokenized funds are scaling fast, hitting $5.7B — Moody’s [cointelegraph]
Moody’s finds growing institutional demand for tokenized money market funds, citing benefits in liquidity, compliance and operational efficiency.
Classover signs $500M convertible note deal for Solana reserve [cointelegraph]
The K-12 education company has up to $900 million to purchase Solana tokens.