Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high
Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with a trip back to record highs....
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Bitcoin edges above $77,000, but institutional activity suggests downside hedging
BTC rises on steady volume and strong technical structure, but surging put interest and muted prediction market odds point to defensive positioning....
Bithumb scores a legal win in South Korea as six-month suspension is lifted by local judge
A South Korean court lifted Bithumb's six-month partial business suspension, providing relief to the major exchange facing regulatory scrutiny. The $24.6 million fine status remains unclear. Bithumb had faced allegations of 6.65 million anti-money laundering violations. The ruling comes amid broader crypto sector oversight in South Korea, including probes into multiple platforms and follows Bithumb's recent accidental bitcoin distribution incident.
Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine
MicroStrategy maintained its STRC preferred stock dividend at 11.5% for May, the third consecutive month at that rate, as the April volume-weighted average price held near $100 par value. MSTR common stock rebounded 33% in April, its first positive month in nine, while Bitcoin rose 12%. The company considers shifting STRC to semi-monthly distributions to reduce volatility further.