Wesley Munene

3 days ago | cryptonewsland.com | Wesley Munene

A solo miner independently validated a Bitcoin block, earning 3.151 BTC. Bitcoin’s hashrate peaked near 1.1 billion TH/s, indicating strong network activity and a rise in overall mining difficulty. Bitcoin traded at $104,637.16 with a 0.90% daily drop, showing high intraday volatility and downward pressure on price. A solo Bitcoin miner has successfully validated a block on the Bitcoin network. The miner earned a total reward of 3.151 BTC, valued at over $330,000 at the time of confirmation.

3 days ago | cryptonewsland.com | Wesley Munene

Circle increased its offering from 24 million to 32 million shares, raising the price range to $27–$28, with total proceeds potentially reaching $896 million. Major investors like ARK Invest and BlackRock are backing the IPO, with ARK committing up to $150 million and BlackRock acquiring around 10% of shares. At the top range, Circle’s valuation could hit $6.2 billion ($7.2 billion fully diluted), marking one of the largest IPOs in the digital asset space this year. Circle Internet Group Inc.

4 days ago | cryptonewsland.com | Wesley Munene

SEC Chair Paul Atkins aims for clear, transparent crypto regulations instead of enforcement-driven actions. The CLARITY Act seeks to remove the SEC’s jurisdiction over most crypto assets, sparking debate in Congress. Atkins prioritizes market innovation and risk relief to promote growth and protect investors. In his recent testimony before the Senate Appropriations Subcommittee, SEC Chair Paul Atkins outlined a more measured approach to regulating the crypto market.

4 days ago | cryptonewsland.com | Wesley Munene

Truth Social’s parent company has filed for a Bitcoin ETF with NYSE Arca. The ETF aims to track BTC’s performance, reflecting the asset’s value minus expenses. This filing is part of Trump Media’s cryptocurrency strategy, including a $2.5 billion Bitcoin treasury. On Tuesday, Truth Social, the social media platform linked with President Donald Trump, took a step into the cryptocurrency space.

5 days ago | cryptonewsland.com | Wesley Munene

Strategy aims to raise $250 million via STRD preferred stock IPO to support Bitcoin acquisitions and corporate needs. STRD shares offer a 10% non-cumulative annual dividend, with redemption rights tied to share count and tax changes. Strategy holds over 580,000 BTC valued at $61 billion, using IPO proceeds to expand its Bitcoin holdings further. Strategy launched an initial public offering (IPO) of its STRD preferred stock on June 2, 2025.