Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition
The firm added 114 BTC to its corporate treasury, for a total of 8,997 BTC, and said it plans to issue regular third-party reports....
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A digital shekel is here: Israel approves its first regulated stablecoin
Israel's Capital Market Authority approved BILS, the nation's first regulated shekel-pegged stablecoin, issued by Bits of Gold. Built on Solana with Fireblocks custody and EY auditing, BILS aims to position the shekel alongside euro and yen in blockchain finance. The move addresses concerns about dollar dominance in onchain payments while leveraging Israel's strong currency performance.
Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace
Bitmine bought $234 million of ether last week, its largest weekly purchase this year, bringing corporate ether accumulation closer to Strategy's bitcoin buying pace. Holding over 5 million ETH tokens worth roughly 4.21% of circulating supply, Bitmine has staked 73% for $264 million annualized yield. The firm continued aggressive purchases despite $8 billion unrealized losses earlier this year.
Three Bank of Japan members call for a rate hike; yen rises while bitcoin falls
Markets are pricing in a June rate hike after a split BoJ vote that saw three policymakers dissent in favor of a hike....