Breaking Bitcoin News: Kazakhstan’s 1st Crypto Card Launch to Simplify Bitcoin Payments

Kazakhstan is moving forward with Bitcoin-powered innovation as the country rolls out cryptocurrency-linked payment cards, making digital assets like Bitcoin usable for daily purchases. These cards will connect to wallets held at regulated crypto platforms under the Astana International Financial Centre (AIFC).

Kazakhstan to introduce Bitcoin-based crypto cards.

The initiative was introduced during a high-level meeting between the National Bank of Kazakhstan, local banks, cryptocurrency exchanges, and fintech firms. The aim is to integrate Bitcoin into everyday life while maintaining compliance and security.

The new payment process is designed to be seamless. When a user makes a purchase using the crypto card, the selected cryptocurrency—such as Bitcoin—is instantly converted into Kazakhstan’s national currency. The funds are then transferred to the card in real time, enabling payment in fiat while preserving the user experience of spending crypto.

This real-time crypto-to-fiat conversion is possible thanks to deep cooperation between Kazakhstan’s banks and licensed crypto providers operating under the AIFC.

In addition to the crypto card program, Kazakhstan’s central bank is pushing several other digital finance initiatives. These include the development of a national currency-backed stablecoin, the tokenization of real-world assets like property, and the implementation of secure systems for storing digital financial instruments.

The country is also building infrastructure for easier cryptocurrency storage and exchange, aiming to encourage innovation and digital transformation within its financial sector.

With the launch of these Bitcoin-based crypto cards and a broader embrace of blockchain technology, Kazakhstan positions itself as a growing hub for regulated crypto-financial services.

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BREAKING: Hong Kong Firm Bets Big on Bitcoin With Bold $1.5B Move

$1.5B Bitcoin Bet: Reitar Logtech Goes Digital

In a massive crypto power move, Reitar Logtech Holdings Ltd, a logistics-tech and real estate firm from Hong Kong, has just announced plans to purchase up to $1.5 billion worth of Bitcoin. The details were made public in a filing with the U.S. SEC (001-42210), and it’s already shaking up the corporate treasury scene.

Bitcoin price as of june 2 2025

Reitar is making this play to diversify its financial reserves and future-proof itself in a fast-changing global economy. Bitcoin is at the center of the company’s treasury revamp plan, and it’s not just about holding crypto—it’s a move toward scaling operations and innovation in supply chain tech.

Company chairman and CEO Kin Chung Chan (also listed as John Chan) said this initiative will provide the company with more flexibility for growth, acquisitions, and entry into new markets.

“This Bitcoin treasury plan strengthens our foundation while aligning us with global digital trends,” said Chan in the official filing.

And it’s not just Reitar making moves. Strategy (formerly MicroStrategy) also announced a new purchase of 705 BTC worth $75.1 million, bringing its total to 580,955 BTC—over $60 billion in value.

Looks like corporate crypto plays aren’t slowing down. From tech giants to logistics leaders, Bitcoin is becoming the go-to hedge for global expansion.

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Bitcoin Hits $112K: Bulls Charge Ahead

Bitcoin Breaks $112K: Bulls Are Back in Town

Bitcoin (BTC) just smashed through the $112,000 barrier, setting a fresh all-time high and sending the crypto community into a frenzy. The leading cryptocurrency is currently trading at $109,526, marking a significant milestone in its 2025 rally.

Bitcoin's price as of may 2025

This surge isn’t just a fluke. Trading volumes have skyrocketed, reflecting heightened investor interest and bullish sentiment. Analysts point to a combination of institutional adoption, favorable macroeconomic factors, and increasing public interest as key drivers behind this momentum.

The recent price action has also led to a spike in open interest in Bitcoin futures, indicating that traders are betting on continued upward movement. However, some caution that such rapid gains could lead to short-term corrections.

Despite potential volatility, the overall outlook remains positive. With mainstream adoption on the rise and more financial instruments incorporating BTC, the path to $120K and beyond seems increasingly plausible.

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Ethereum Eyes $3K as Bullish Momentum Builds

Ethereum Nears $3K: Bulls Take the Wheel

Ethereum (ETH) is flexing its muscles, climbing 4.5% in the past 24 hours to trade at $2,660.19. With a daily high of $2,680.18 and a low of $2,473.76, ETH is inching closer to the coveted $3,000 mark.

Ethereum

Analysts are buzzing about a bullish flag pattern forming on the daily chart, suggesting a potential breakout. If ETH can reclaim the $3,600 level, we might witness a significant surge, reminiscent of previous 90% gains when similar patterns emerged.

Investor sentiment is on the rise, fueled by Ethereum’s consistent performance and the broader crypto market’s upward trajectory. The recent uptick in ETH’s price is also attracting institutional interest, adding more fuel to the fire.

As Ethereum continues its upward journey, all eyes are on the $3,000 resistance level. Breaking through could set the stage for new all-time highs, making ETH a hot topic in crypto circles.

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Amalgam Scandal: $1M Crypto Fraud Unveiled, Founder Faces 82 Years

Amalgam Founder Exposed in $1M Crypto Scam

The founder of Amalgam just got smoked by the feds. Jeremy Jordan-Jones is now facing major legal heat after allegedly scamming investors out of over $1 million through fake crypto dreams and made-up partnerships.

Amalgam scandal

He told people Amalgam was building next-gen blockchain point-of-sale systems. Sounded legit — until prosecutors dropped the receipts. Turns out Jordan-Jones faked collabs with the Golden State Warriors, a Premier League soccer team, and even a massive restaurant chain with 500+ locations. None of it was real.

Instead of building tech, he was balling in Miami — spending investor cash on high-end hotels, fancy cars, and designer fits. One major VC, Brown Venture Group, was told the funds would get Amalgam’s token listed on an exchange. Spoiler: it didn’t.

The U.S. Attorney didn’t hold back, calling the whole thing “brazen” and warning future scammers that their time is coming. It gets worse: Jordan-Jones also allegedly used fake docs to get a business credit card, then racked up $350K before the bank pulled the plug.

Now he’s facing charges for wire fraud, securities fraud, lying to banks, and aggravated identity theft. If convicted, dude could be locked up for 82 years.

It’s another cautionary tale in crypto — when the founder’s flexing more than coding, that’s your red flag.

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Solana Soars 5.7% as Staking Market Cap Overtakes Ethereum

Solana Surpasses Ethereum in Staking Market Cap Amid Price Surge

Solana (SOL) is making waves in the crypto world, recently surpassing Ethereum in staking market capitalization. According to Nansen CEO Alex Svanevik, SOL’s staking market cap reached $53.96 billion, edging out Ethereum’s $53.77 billion .

Solana

This milestone coincides with a notable price increase. As of May 22, 2025, SOL is trading at $178.18, up 5.7% in the past 24 hours .

The surge is attributed to SOL’s efficient network and growing adoption in decentralized applications. Analysts suggest that this momentum could position SOL as a formidable competitor to Ethereum in the long run.

Investors are keeping a close eye on Solana’s performance, especially with its recent achievements in staking and price appreciation. The crypto community is abuzz with discussions about SOL’s potential to reshape the decentralized finance landscape.

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Ripple Setback: 3 Major Blows Shaking XRP’s Future

Why the Ripple Setback Is Giving Investors Chill Vibes

Ripple’s been through a rough patch lately, and the Ripple setback is causing some serious FOMO — but in the wrong way. XRP’s price has taken a hit, dropping almost 20% in the last month alone, and people are asking, “Is this the end for Ripple?”

Ripple Setback

The biggest problem? Legal drama. The SEC lawsuit is dragging on, and every new court update seems to shake investor confidence. This ain’t just some rumor — Ripple’s future is actually hanging in the balance. Plus, some big exchanges started delisting XRP trading pairs, which definitely doesn’t help the hype.

Add to that the slow adoption in the banking sector, which was supposed to be Ripple’s main flex. Without those partnerships firing on all cylinders, XRP’s use case feels a bit shaky. Meanwhile, newer chains are stealing the spotlight with faster tech and less drama.

Still, some OG fans hold hope that Ripple might bounce back, but right now? The Ripple setback looks real. If you’re thinking of jumping in, maybe hold tight and watch how the legal saga unfolds before going all in.

Crypto’s a rollercoaster, no doubt — but Ripple’s ride looks bumpier than usual.

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Solana Surge: 5 Reasons This Hot Crypto Is Breaking the Internet

Why the Solana Surge Is Real Right Now

If you’ve been anywhere near crypto Twitter or Reddit lately, you’ve seen it: Solana’s popping off again. No cap, it’s giving serious bull vibes in 2025. After lagging behind ETH for a minute, SOL is now sprinting. Why? First off, Solana just handled over 100 million transactions in a single day — and fees stayed stupid low. That’s wild when gas on ETH still costs more than your coffee.

Solana surge

But here’s the real sauce: devs are flocking to build on Solana again. We’re talking games, DeFi, NFTs — it’s all getting a second wind. With big players like Helium and Render moving their ecosystems to Solana, it’s clear people aren’t sleeping on it anymore.

Also, SOL’s recent partnership with a major AI startup just hit headlines — and markets responded fast. The coin’s price jumped 15% in two days, and analysts say there’s more upside. If you’re the type that’s into flipping alts, SOL might be that move.

Look, nothing’s guaranteed in crypto. But the Solana Surge is more than just hype. It’s momentum with receipts.

If you’re trying to catch a wave before it goes full viral, you might wanna look into the way solana surge is taking place — but do your own research, always.

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Crypto Whale Bets Big: $276M Bitcoin Long at 40X Leverage on Hyperliquid

A major crypto whale has made headlines by opening an eye-popping $276.47 million long position on Bitcoin using 40x leverage through the decentralized perpetuals exchange, Hyperliquid. The highly leveraged trade, opened at a BTC price of $103,129.80, places the whale’s liquidation point at just $95,000 — making this one of the riskiest yet most talked-about bets in the current crypto landscape.

Ultra-Leveraged Bet on Bitcoin

The position involves 2,670 BTC and is one of the largest open on-chain trades visible today. With 40x leverage, even a minor 2.5% price drop would liquidate the entire position. That tight margin makes this a bold and high-stakes move — either a huge payday or a rapid wipeout.

The trader’s wallet, labeled 0x507..6ebd6, also shows a diversified high-risk strategy with more than $43 million in other crypto derivatives. The whale holds a $43.13M long on PEPE with 10x leverage and $34.56M long on XRP at 20x leverage, signaling a strong belief in short-term bullish momentum across major tokens.

Bitcoin whale movement

Previous Whale Bets Still Fresh

This isn’t the first time a whale has rolled the dice in grand fashion. Earlier in 2025, another investor opened a $524 million short position on BTC at 40x leverage. That trade, placed around $83,898, risked liquidation above $85,565 and was similarly flagged as a high-risk play by analysts.

Market at a Glance

At the time of writing, Bitcoin is trading at $103,094, reflecting a minor 0.9% dip over the past 24 hours. Daily trading volume has declined by 21%, landing at $37.42 billion, with the broader crypto market cap hovering around $2 trillion, according to CoinMarketCap.

This mega-leveraged bitcoin long trade is fueling speculation on what the whale knows — or if it’s simply a high-roller gamble on continued bullish momentum in the market.

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Ethereum’s hopeful Hits $2.6K: Why This 1 Indicator Has Bulls Hyped

Ethereum is Heating Up as Big Players Load Up

Ethereum just broke above the $2,600 mark, and crypto Twitter is buzzing. The world’s second-largest crypto by market cap is making moves — and not just price-wise. Whale wallets are stacking ETH again, on-chain activity is spiking, and ETH staking deposits are on the rise. Basically, Ethereum is acting like it’s gearing up for a big run.

Ethereum price as of May 16, 2025

According to on-chain trackers like Lookonchain and Santiment, multiple wallets holding 10,000 ETH or more added significant amounts this past week. That’s a pretty solid bullish signal. At the same time, layer-2 networks like Arbitrum and Base are hitting new highs in transaction volume, pushing gas fees slightly up — a classic sign of network engagement.

Analysts are calling this a breakout moment, especially since ETH has been lagging behind Bitcoin for most of 2025. But that lag might be turning into a setup. Glassnode data shows a sharp uptick in ETH moved off exchanges — which usually means people are holding long-term, not planning to sell.

There’s also chatter about an upcoming major protocol upgrade in Q3, expected to streamline how Ethereum handles rollups. And that’s got devs and investors alike feeling optimistic.

While ETH isn’t immune to macro headwinds, the current sentiment is leaning green. If momentum holds and whales keep accumulating, Ethereum could retest $3,500 sooner than most expected.

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