Bitcoin's hodler entities are more active than ever as a record 14 million BTC gain "illiquid supply" status, with whales still accumulating above $100,000. Key points: Bitcoin has seen its largest 30-day illiquid supply increase of the current bull market. Illiquid supply now stands at 14 million BTC, more than ever before. Read more
Safetech Innovations, a Romanian cybersecurity company with offices in Bucharest, London, Abu Dhabi and Ryad, at individual level registered a RON3 million net profit in the first quarter of 2025, up 11% from the year-earlier period, RON13.2 million revenues, down 13% from Q1/2024, and RON9.3 million turnover, 21% lower.
Arizona Governor Katie Hobbs rejected bills to establish a state Bitcoin reserve and accept crypto payments, but signed a bill regulating crypto ATMs. Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs. On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets Strategic Reserve Fund. The fund would have allowed Arizona to hold crypto assets obtained through seizures or legislative allocations. “Current volatility in cryptocurrency markets does not make a prudent fit for general fund dollars,” she stated in her veto letter. “I have already signed legislation this session which allows the state to utilize cryptocurrency without placing general fund dollars at risk,” she added. Read more