Bitcoin 2025 Conference Unveils Expanded Open Source Hub to Bolster Security and Decentralization
The Bitcoin 2025 conference, set to take place from May 27-29 in Las Vegas, is poised to make waves in the cryptocurrency community with its significantly expanded Open Source Hub. This dedicated platform is designed to cater to developers, privacy researchers, and Lightning Network engineers, with a strong emphasis on advancing security, fostering innovation, and promoting decentralization. Among the exciting new additions are a hackathon, a technical forum, an interactive game, and a Nostr space, all aimed at driving collaboration and creativity within the Bitcoin ecosystem. Organizers are expecting a turnout of over 30,000 attendees, underscoring the growing interest and importance of Bitcoin in the global financial landscape. This event highlights the ongoing commitment to strengthening Bitcoin's infrastructure and ensuring its resilience as a decentralized digital asset.
Bitcoin 2025 Conference to Launch Expanded Open Source Hub with Focus on Security and Decentralization
The Bitcoin 2025 conference, scheduled for May 27-29 in Las Vegas, will feature a significantly expanded Open Source Hub. This platform targets developers, privacy researchers, and Lightning Network engineers, emphasizing security, innovation, and decentralization.
New additions include a hackathon, technical forum, interactive game, and Nostr space. Organizers anticipate over 30,000 global participants. "Bitcoin has no CEO. Satoshi's been gone for over a decade. These are the people writing the code that will underpin the global financial revolution," said David Bailey, CEO of BTC Inc.
Ukraine Advances Crypto Regulation with Updated Draft Law
Ukraine's parliamentary committee has endorsed a revised draft law on VIRTUAL assets, marking a significant shift in regulatory approach. The National Securities and Stock Market Commission (NSSMC), now designated as the primary crypto regulator, played a pivotal role in shaping the legislation.
Ruslan Magomedov, Chairman of the NSSMC, revealed insights into Bitcoin's legalization progress during a recent interview. His personal cryptocurrency experience underscores the growing institutional engagement with digital assets.
Bitcoin ETFs See $96 Million Outflow Amid Market Shifts
U.S. spot bitcoin ETFs recorded a net outflow of $96 million on Tuesday, marking a sharp reversal from recent record inflows. Fidelity's FBTC led the retreat with $91 million withdrawn, while Hashdex's DEFI saw a $5 million reduction. Other funds reported zero flows.
Market analysts attribute the shift to macroeconomic tensions, citing U.S.-China trade negotiations and inflation data as key sentiment drivers. The outflow follows Monday's historic $41.18 billion cumulative inflow across 12 Bitcoin ETFs.
Twenty One Capital's $458.7M Bitcoin Acquisition Signals Institutional Confidence
Twenty One Capital, backed by Tether, has made a bold MOVE into cryptocurrency with its purchase of 4,812 BTC worth $458.7 million. The acquisition, disclosed in a May 13 SEC filing, coincides with the firm's SPAC merger with Cantor Equity Partners. Bitcoin traded around $103,540 during the transaction, demonstrating continued institutional interest despite market volatility.
The strategic acquisition was facilitated through Tether's infrastructure, with Bitcoin moved to an escrow wallet on May 9 before final transfer. This substantial position highlights growing corporate treasury strategies incorporating digital assets as hedge instruments and long-term holdings.
Donald Trump Plans to Eliminate Crypto Capital Gains Taxes in the U.S.
Former President Donald TRUMP has dramatically shifted his stance on cryptocurrency during the 2024 presidential campaign, now advocating for the elimination of capital gains taxes on U.S.-mined digital assets. This reversal comes after his 2019 criticism of Bitcoin as "based on thin air." The proposal has sparked interest among investors, particularly as Bitcoin approaches all-time highs.
The policy shift aims to position the U.S. as a global hub for blockchain innovation. Market participants are scrutinizing the feasibility of this plan, which could significantly impact domestic crypto mining operations and investment strategies. American-minted tokens are gaining attention as potential beneficiaries of this proposed tax framework.
Bitcoin Shows Warning Signs Similar to 2021 Cycle High
Bitcoin's recent surge back into six-figure territory has sparked comparisons to its 2021 double-top pattern. The cryptocurrency has evolved significantly since then, shedding associations with failed entities like FTX while gaining institutional legitimacy. Yet the current price action mirrors concerning aspects of the April 2021 cycle top.
Four years ago, Bitcoin peaked at $65,000 amid a frenzy of institutional activity—MicroStrategy's aggressive accumulation and Coinbase's high-profile IPO. The subsequent 57% collapse to $28,000 over two months caught many investors off guard. This historical parallel emerges as Bitcoin tests key resistance levels, with traders watching for potential repeat behavior.
