Author: dfmines

Shares of healthcare company KindlyMD (KDLY) skyrocketed by 250% on Monday after the firm announced a merger with Nakamoto Holdings, a Bitcoin (BTC) investment company founded by David Bailey, crypto advisor to President Donald Trump.  KindlyMD Secures $710 Million In Funding According to CNBC, the newly merged entity has secured a substantial financial boost, raising $200 million in convertible debt and an additional $510 million through a private investment in public equity (PIPE) deal.  Investors in the PIPE are purchasing shares at $1.12 each, while the convertible notes will convert at a premium price of $2.80. Notably, these notes are zero-coupon for the first two years, allowing investors a unique opportunity to benefit from future growth. Related Reading: Ethereum Price Completes Bullish Structure Break – $3,000 Comes Next Bailey revealed the overwhelming interest in the offering, stating, “I’ve been raising about $100 million a day. Yesterday, I raised almost $200 million.” The funding round has attracted over 200 investors, including prominent names such as Actai Ventures, Arrington Capital, and Van Eck.  Individual backers include notable figures in the cryptocurrency world, such as cryptographer Adam Back,  CEO of Blockstream, and former Coinbase executive Balaji Srinivasan. A ‘Transformational Transaction’ For Bitcoin Integration Constantine Karides, chair of Reed Smith’s Crypto & Digital Assets Group and lead counsel on the deal, characterized the merger as a “transformational transaction.”  Karides noted that Bitcoin’s rise as a treasury asset is a natural progression, reflecting a broader trend in capital markets toward innovative transaction structures that embrace blockchain technology. The merger’s implications are particularly intriguing given KindlyMD’s existing mission to address opioid addiction. Bailey emphasized that his team sought a “right vehicle” to take Nakamoto public, and KindlyMD’s leadership was already enthusiastic about bitcoin. “What KindlyMD will look like in the future will be different than what it looks like today,” he stated. Related Reading: Ethereum Recovery Gains Strength: Massive Comeback Above Key Support Plans are in place for a rebranding of the combined company, which will also change its ticker symbol from “KDLY.” The vision is to build a global network of bitcoin-focused businesses, with KindlyMD’s healthcare operations gradually taking a smaller role.  However, Tim Pickett, CEO of KindlyMD, assured stakeholders that the clinics would continue to prioritize treating opioid addiction and providing patient-focused care. “This merger represents a strategic leap for KindlyMD, allowing us to expand our mission,” Pickett said.  Pickett also expressed confidence that the partnership with Nakamoto, which brings deep expertise in Bitcoin strategy and treasury management, will drive long-term value for shareholders. Trading at approximately $102,260, BTC’s price has recorded a notable 8% surge in the weekly time frame, hovering just 6% below its all-time high of $109,000 reached in the first quarter of the year.  Featured image from DALL,-E, chart from TradingView.com 

Bitcoin defied expectations in April, delivering double-digit gains while posting lower volatility than major traditional assets.According to analysts at Galaxy Digital, Bitcoin’s (BTC) realized volatility over the past 10 trading sessions dropped to 43.86, lower than the S&P 500’s 47.29 and the Nasdaq 100’s 51.26 — an unusual “positioning for a digital asset traditionally known for its outsized volatility.”The data point comes against a backdrop of renewed financial turbulence. Since US President Donald Trump’s Liberation Day tariff announcement on April 2, traditional markets have wobbled.The Nasdaq Composite is flat, the Bloomberg Dollar Index fell nearly 4%, and even gold (typically a safe haven) briefly hit $3,500 per ounce before pulling back to a 5.75% gain, Galaxy Digital analysts wrote in a May 12 note.However, they noted that Bitcoin surged 11% over the same period, reinforcing its evolving role as a macro hedge amid geopolitical and fiscal uncertainty.The Nasdaq Composite Index has been in the red over the past six months. Source: NasdaqRelated: Bitcoin illiquid supply hits 14M BTC as hodlers set bull market recordBitcoin’s correlation with major indexes declinesThe analysts noted that Bitcoin still maintains elevated 30-day correlations with major indexes, around 0.62 with the S&P and 0.64 with the Nasdaq. However, its beta has declined, signaling that investors may be treating it less as a high-risk asset and more as a long-term allocation.“Bitcoin as a non-sovereign asset means an investor doesn’t need the full faith or tax basis of a nation to support the integrity of the asset,” said Chris Rhine, head of liquid active strategies at Galaxy.Galaxy said that the recent investor behavior mirrors what was observed during the 2018–2019 US-China trade tensions when Bitcoin rallied amid rising global uncertainty.Hank Huang, CEO of Kronos Research, told Cointelegraph that surging ETF inflows and Strategy’s ongoing Bitcoin purchases are helping reshape Bitcoin into a digital version of gold, less tied to equities.“As institutions deepen liquidity, volatility drops, making Bitcoin a cornerstone for portfolios,” Huang added.Institutions view Bitcoin as hedgeMeanwhile, Galaxy’s OTC trading desk said the market posture is “tactically cautious but structurally constructive,” marked by disciplined leverage and low hedging stress.With 95% of Bitcoin’s total supply already mined and growing interest from institutions, ETFs and even governments, Bitcoin is increasingly being viewed as a digital store of value.“Bitcoin’s supply and demand dynamics are solidifying its place as a mature digital store of value,” said Ian Kolman, co-portfolio manager at Galaxy.On April 25, Jay Jacobs, BlackRock’s head of thematics and active ETFs, said there has been a long-term trend in which countries have been reducing their reliance on dollar-based reserves in favor of assets like gold and, increasingly, Bitcoin.He noted that geopolitical fragmentation is fueling demand for uncorrelated assets, with Bitcoin increasingly viewed alongside gold as a safe-haven asset.Magazine: Bitcoin eyes’ crazy numbers,’ JD Vance set for Bitcoin talk: Hodler’s Digest, May 4 – 10

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Given the inelastic supply of gold, JPMorgan analysts believe the precious metal could reach prices of $6,000 per troy ounce by 2029. The bank stated that a shift of just 0.5% of U.S. assets held abroad into gold could send prices soaring. JPMorgan: Gold Might Soar to $6,000 by Trump’s Term End Gold, which has […]

Solaxy ($SOLX) is a new cryptocurrency project aimed at enhancing blockchain scalability and performance with the use of Layer-2 technology on the Solana network. It is mainly aimed at offering faster transactions and reduced fees for developers and users. The token started from a presale of $0.001 and has just hit about $0.001722. This early…
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Hello Ethereum community, I’ve just introduced some improvements to Mina Graph Explorer! The legend panel now allows you to filter the graph by blockchain, making cross-chain exploration easier. I've also made the legend sections foldable to improve readability on smaller screens. Enjoy! https://webapp.minagraph.com And as always, any feedback welcome ! Naamah https://preview.redd.it/diztlemy9j0f1.png?width=1934&format=png&auto=webp&s=a8b25e69911a28d2438b40b597cb1cc81c61d642 https://preview.redd.it/bsyotyaz9j0f1.png?width=1934&format=png&auto=webp&s=32c1fc1c53bd94a9f925b6976e0973f085913e0d https://preview.redd.it/cwqyulzz9j0f1.png?width=1934&format=png&auto=webp&s=cfebdf84d8d497538d0dcd327a5f7f33919e5ac3 https://preview.redd.it/z771crj0aj0f1.png?width=1934&format=png&auto=webp&s=4de3c86618f4360c9dff75a0807b6dd623a636be…
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Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks.In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across multiple layer-1 chains, including Ethereum, Celestia and Solana.“This would actually allow the meta chain to use the cheapest currently available DA offer,” Yakovenko said. Data availability layers are third-party solutions ensuring that blockchains have the necessary data to validate transactions.Source: Anatoly YakovenkoBlockchain interoperability is one of the most pressing issues for Web3 developers, since today’s siloed layer-1 (L1) blockchain networks have no means of communicating or exchanging data, creating a need for crosschain interoperability solutions like DA layers.Other leading blockchains are also focused on improving DA solutions. Ethereum’s upcoming Fusaka upgrade, expected in late 2025, will focus on scaling the Ethereum mainnet’s capacity as a DA layer by introducing EIP-7594.Ethereum data capacity upgrades. Source: Binance ResearchThis upgrade may boost Ethereum’s value accrual, depending on whether existing layer-2 blockchains continue choosing Ethereum for data availability in the future, a Binance Research spokesperson told Cointelegraph.Related: Nasdaq-listed GDC plans to buy Bitcoin and TRUMP memecoin for $300MMaking data availability cheap makes “everything else cheap”Creating cheaper DA solutions is essential to reduce the costs associated with blockchain-based transactions, Yakovenko said in a response to his initial post, adding:“Making data availability cheap allows for making everything else cheap. Bandwidth is the irreducible bottleneck.”He also suggested that a more advanced solution could eliminate external sequencers by using a rule-based system to merge transactions across chains, allowing users to send transactions “anywhere.”Related: Bunq, Europe’s second-largest neobank, expands into cryptoOther prominent blockchain industry leaders have also called for more interoperability and collaborative tokenomics among the leading blockchains.Speaking at Paris Blockchain Week 2025, Cardano founder Charles Hoskinson emphasized the need for collaborative economics in the crypto industry to counter growing competition from traditional tech firms entering the blockchain space.Charles Hoskinson. Source: Cointelegraph“The problem right now, with the way we’ve done things in the cryptocurrency space, is the tokenomics and the market structure are intrinsically adversarial. It’s sum 0,” said Hoskinson. “Instead of picking a fight, what you have to do is you have to find tokenomics and market structure that allows you to be in a cooperative equilibrium.”Aiming to align blockchain network incentives, Cardano has been working on “Minotaur,” a multi-resource consensus protocol that combines multiple consensus mechanisms and networks to pay a unified block reward to multiple networks at the same time.Magazine: Bitcoin eyes ‘crazy numbers,’ JD Vance set for Bitcoin talk: Hodler’s Digest

The Bitcoin price and the entire crypto and stock market have been operating at the mercy of the tariff wars ignited by US President Donald Trump after being sworn into office. The initial wave of tariff increases on countries such as China triggered massive crashes across financial markets, plunging the Bitcoin price below $80,000. However, the tariff wars are nearing their end with the latest announcement from the White House regarding trade between the United States and China. White House Announces Reduction Of China Tariffs In April 2025, US President Donald Trump had announced a drastic increase of tariffs on Chinese goods to a high 145%, with over 180 countries also seeing tariff increases. This triggered a wave of panic and retaliation, triggering what is now known as the ‘tariff wars.’ As discussions progressed, another announcement in April revealed a 90-day pause on tariffs for other countries, with the exception of China. Related Reading: XRP Price Surge To $10: Analyst Reveals Factors That Will Make It Happen In 2025 While China was yet to exempt, the 90-day pause did have a positive effect on the market as the Bitcoin price recovered, taking the crypto market up with it. Since then, the Bitcoin price has since recovered above $100,000, as well as the stock market seeing multiple green days. Trade talks have since been ongoing between China and the United States and there has been a stopgap put in place for now. In a statement on the White House website, it was announced that both the Chinese and United States government at the US-China Economic and Trade Meeting in Geneva had agreed to modify their respective applications and implement a suspension of 24 percentage points of tariffs. This agreement is expected to be in place for an initial period of 90 days, giving both parties time for more discussions toward a resolution. The statement read that this was done in “the spirit of mutual opening, continued communication, cooperation, and mutual respect.” Why The Bitcoin Price Could Explode Currently, the rally of the Bitcoin price is being driven by the positive news surrounding the tariffs. So, it is expected that more positive news will continue to drive up the price. The agreement between the US and China states that both countries should have implemented the tariff reduction by May 14, 2025. With only a day left, this deadline could trigger another rally. Related Reading: Dogecoin Price Gearing Up For Major Explosive Rally – Why $1 Is Still In The Cards As the news of the suspension begins to make the rounds, it signals no negative news coming out regarding tariffs for the next three months at least. This gives time and most importantly, confidence in risk assets such as Bitcoin for investors looking for gains. With the return of investors into the risk market, the Bitcoin price could quickly cross $110,000 as early as Wednesday. Featured image from Dall.E, chart from TradingView.com

Dubai, UAE – May 2025 — TheBlock., the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in the blockchain and virtual asset space, with the shared goal of amplifying the global adoption of tokenisation, advancing regulatory dialogue, and supporting builders entering the MENA region.The agreement, signed during Token2049 Dubai, highlights Cointelegraph’s growing collaboration with key players in the UAE. This new partnership will foster deeper collaboration and mutual support across TheBlock’s ecosystem.As part of the collaboration, Cointelegraph will set up a presence at TheBlock’s headquarters in Dubai World Trade Center, offering opportunities for engagement with founders, partners, and clients within the ecosystem. The partnership also includes joint participation in educational panels, roundtables, and summits focused on real-world assets (RWAs), compliance, and capital allocation.“This partnership is not just about media,” said Farbod Sadeghian, Founder of TheBlock. “It is about building an access layer for the global virtual asset economy. By working with Cointelegraph, we are strengthening how the industry connects, informs, and grows — from regulatory frameworks to investment pipelines.”Cointelegraph will engage with TheBlock’s ecosystem through media coverage, speaker participation, and collaborative events. The partnership reflects ongoing efforts to support the growth of Dubai’s virtual asset sector, where regulatory developments and real-world applications continue to evolve.“The partnership reflects Cointelegraph’s ongoing efforts to broaden its network of like-minded collaborators, all working toward the shared goal of strengthening and advancing the ecosystem,” said Yana Prikhodchenko, CEO of Cointelegraph. “We aim to grow the community by leveraging this partnership while also expanding our regional presence in the UAE. This collaboration will help strengthen both efforts.”With over 100 events planned annually, a growing portfolio of international members, and over $8 billion in projects deal flow, TheBlock. continues to serve as a launchpad for startups, enterprises, and institutions looking to expand their presence in the region.The partnership represents a new step in aligning media and access to foster trust, facilitate knowledge sharing, and support progress in the virtual asset space.About TheBlock:As an international chamber of virtual assets based in Dubai, TheBlock. connects regulators, founders, investors, and institutions shaping the future of virtual assets. It provides a structured platform for dialogue, collaboration, and access across key pillars of the virtual asset economy. Through membership programs, strategic partnerships, and curated events, TheBlock. offers its members direct engagement with the people and policies driving the industry forward. With a growing global network and strong regional footprint, it supports meaningful growth and influence in the virtual asset landscape.Website | Twitter | Instagram | Linkedin

Animoca Brands is planning to list on the New York Stock Exchange, with an announcement expected soon. Executive Chairman Yat Siu said the listing is motivated by U.S. President Donald Trump’s favorable regulatory stance on digital assets. Trump’s Light-Touch Regulation Hong Kong-based Animoca Brands, a leading blockchain gaming and crypto investment firm, is eyeing a […]