TheSpuzz

Source: Coin Tegraph Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits. Core Scientific’s Q1 2025 results, shared on May 7, saw it more than double its $210 million net income from the…

Source: Bitcoinist The Bitcoin open interest has been a subject of debate over the past week, with various on-chain platforms revealing its recent record-breaking surge. However, investment analytics firm Alphractal disputed that the open interest in BTC had reached a new all-time high. Interestingly, a prominent crypto analytics platform has put forward new data on…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arizona Governor Katie Hobbs has vetoed two cryptocurrency-related bills passed by the state legislature, citing concerns over the financial risks involved in integrating digital assets with state operations. The decision reflects the governor’s cautious approach to digital assets despite growing…

Source: Coin Tegraph In response to the planned change, independent journalist James Li asked Musk, “How does the algorithm determine ‘negativity’?” Read Full Article

Source: Coin Tegraph Increasingly more countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations. Read Full Article

Source: Coin Tegraph BRICS Pay seeks to lessen reliance on the US dollar, reducing sanctions risks and fostering a sovereign financial system for transactions. Read Full Article

Source: Coin Tegraph Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve’s hawkish 2025 outlook on inflation. Read Full Article