Insightful Data Blob of Cryptocurrencies

Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies.According to a May 23 disclosure, Semler bought a total of 455 BTC for an average purchase price of $109,801. To buy the Bitcoin, Semler Scientific used proceeds from an at-the-market stock offering program. So far, the company has sold roughly 3 million shares of common stock for net proceeds of $115 million.Semler Scientific’s shares have fallen 1.36% on the same day as the disclosure, though the decrease in its share price is largely in line with the Nasdaq’s performance. That index, which follows top tech stocks, is down 1% on the day.Semler Scientific share price. Source: Google FinanceIn its Q1 2025 earnings report released on May 13, the company revealed a 44% drop in revenue year-over-year. Despite the claimed success of its Bitcoin treasury plan, Semler Scientific’s shares have dropped 18% in 2025, according to Google Finance.Bitcoin treasury companies, or companies that traditionally sell equity or issue debt to buy BTC, had been drawing the interest of investors looking for exposure to Bitcoin price fluctuations.Michael Saylor's Strategy debuted its BTC reserve in August 2020, when it started purchasing Bitcoin. Bitcoin is up 181.6% year to date, while Semler Scientific shares rose 53% since announcing the BTC approach in May 2024. Magazine: ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet

The integration "marks the beginning of a multichain journey," said the multi-chain protocol—with more in the pipeline.

Bitcoin price stayed resilient above $111,500 on Friday, May 23, supported by surging ETF inflows and escalating trade tensions after Trump threatened to impose fresh tariffs on the European Union (EU). Bitcoin Buyers Hold Firm at $111,500 as Trump’s Bitcoin surged to an intraday high of $111,800 on Thursday before consolidating near $111,500, according to The post Bitcoin Price Analysis: BlackRock Leads Historic $934M BTC ETF Inflows as Trump Tackles $250,000,000 EU Trade Deficit appeared first on CoinGape.

Compass Mining has partnered with Synota’s “Impact Mining” initiative to redirect a portion of bitcoin mining revenue toward subsidizing energy costs for healthcare and education projects in underserved Nigerian communities. Compass Mining’s Partnership Powers Solar Grids, Healthcare via Bitcoin Hashrate Donation Compass Mining, a bitcoin (BTC) mining infrastructure provider, announced Friday it is the inaugural […]

Texas Governor Greg Abbott has signaled support for a bill recently passed by the state House of Representatives that would establish a strategic cryptocurrency reserve.In a May 22 X post, Abbott posted a Techstory article about Texas state lawmakers’ efforts to create a Bitcoin (BTC) reserve. The story pointed out that the decision for the passage of SB 21, the bill in question, now rests on Abbott’s shoulders, roughly three months after it was introduced. Since taking office, Abbott referred to himself as a “crypto law proposal supporter” in 2021 and suggested that he would support policies to establish Texas as a “crypto capital” in 2024. Texas was one of a handful of state-level governments that proposed setting up a strategic crypto reserve after the 2024 federal elections.   Related: Ukraine strategic Bitcoin reserve bill reportedly in final stagesOn May 6, New Hampshire Governor Kelly Ayotte was the first to sign a Bitcoin reserve bill into law. Arizona Governor Katie Hobbs later approved a law allowing the state to claim ownership of unclaimed crypto. Some jurisdictions have rebuffed efforts to pass similar legislation, with roughly half of the 50 state governments considering a Bitcoin reserve.New administration working to have the US government hodlAt the federal level, President Donald Trump signed an executive order (EO) in March for a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” but Congress had not codified the order as of May 23. Wyoming Senator Cynthia Lummis has led efforts in the chamber to pass the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide, or BITCOIN, Act, reintroduced a few days after Trump’s EO.As of March 11, the bill has been referred to the Senate Banking Committee, and it was unclear if or when the chamber would consider a vote. The Senate will likely first move forward with debate on a bill to regulate payment stablecoins, the GENIUS Act, with some lawmakers anticipating a vote by Memorial Day, May 26.Magazine: Adam Back says Bitcoin price cycle ’10x bigger’ but will still decisively break above $100K

Blockchain analytics platform Arkham Intelligence has revealed that Tesla Inc.’s Bitcoin (BTC) holdings are now worth around $1.25 billion. With this size of its BTC bag, the Elon Musk-owned automaker and its founder are now confirmed HODLers of the top coin. General sentiment hints at how bullish the firm is on the flagship cryptocurrency.  Tesla The post Elon Musk’s Tesla Still Bullish On Bitcoin, Holds $1.25B BTC appeared first on CoinGape.

Coinbase released worrying details its data breach, Strategy caught a class action lawsuit, and three banks are considering a stablecoin.

Both Bitcoin and Ethereum exchange-traded funds this week brought in huge amounts of cash as investors rapidly buy up crypto assets.

On Friday, Kalshi—the federally regulated prediction exchange headquartered in New York City—disclosed that it now permits solana ( SOL) deposits for account funding. Solana Lands on Kalshi Established in July 2021 under the oversight of the Commodity Futures Trading Commission (CFTC), Kalshi has periodically announced its support for digital assets through a collaboration with Zero […]

This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, May 23, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the expansion of a strategic integration from Bridge, a leading stablecoin orchestration platform and a Stripe company. This […]