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Missouri Targets CoinFlip With $1.83M Penalty Bid and Statewide Ban Amid Bitcoin ATM Scam Fears
Missouri AG Catherine Hanaway sues CoinFlip, seeking $1.83M and a state ban over alleged fraud facilitation. CoinFlip calls the case “meritless” as elder-focused crypto scams rise.

Hyperliquid ETFs land $22.3M early as adjusted inflows briefly outpace bitcoin and ether peers
Hyperliquid ETFs pulled in $22.3M out of the gate, with adjusted inflows topping BTC and ETH funds at points—analysts frame it as organic demand. Here’s why that matters.

David Bailey’s Nakamoto to execute 1-for-40 reverse split after 99.5% slide, shrinking float to ~17.4M
Nakamoto, associated with David Bailey, will enact a 1-for-40 reverse split, reducing shares to ~17.4M from ~696M after a 99.5% drop as the stock prints fresh lows.

Bitcoin stalls at 200-day MA near $82.4K as CryptoQuant flags 2022-style setup and ‘extremely bearish’ mood
Bitcoin hit resistance at the 200-day moving average around $82,400. CryptoQuant says the pattern echoes March 2022 with sentiment now “extremely bearish.”

SpaceX’s $1.45B Bitcoin Stack Signals Pre‑IPO Treasury Strategy—and Vaults Past Coinbase
SpaceX holds over 18,000 BTC (~$1.45B), placing it 7th among corporate holders and ahead of Coinbase, as the company eyes a public listing. Here’s what that really signals.

Nakamoto Targets Nasdaq Compliance With 1-for-40 Reverse Split After 99% Drawdown
Bitcoin treasury firm Nakamoto (NAKA) will enact a 1-for-40 reverse split to lift its share price back above $1 after a 99% drawdown, amid $239M Q1 losses and BTC sales.

SpaceX IPO Filing Confirms $1.45B in Bitcoin as Musk Opts for Steady Treasury Strategy
SpaceX’s IPO paperwork shows 18,712 BTC worth $1.45B, unchanged since 2024, with third‑party custody. Inside the rationale, risks, and investor signals behind Musk’s Bitcoin stance.

Tether Buys Out SoftBank in Twenty One Capital, Tightening Control of Bitcoin Treasury Vehicle
Tether has acquired SoftBank’s entire stake in Twenty One Capital (XXI), cementing control as the Bitcoin holder navigates NYSE compliance and a sharp share price reset.

Hyperliquid’s HYPE Breaks From Bitcoin as Cash Flows Surge: The Real Driver Behind a 101% YTD Rally
HYPE is up 101% YTD while BTC is down 12%, fueled by $255M revenue, 97% buybacks to holders, 43% chain-fee share, and ETF filings from Bitwise and 21Shares—plus rising RWA activity.

South Carolina Enacts SB163: CBDCs Barred as State Codifies Self-Custody and Bitcoin Mining Rights
South Carolina’s SB163 bans CBDC use and pilots, protects self-custody, and shields Bitcoin miners and node operators—shaping a clear, crypto-forward framework with business implications.