Bitcoin has spent the last week grinding higher from around $78,000 to top $82,000 twice, with buyers “continuing to absorb pullbacks even as momentum started to cool near local highs,” reported Glassnode on Monday. The asset dipped below $81,000 briefly in early trading in Asia on Tuesday, but there has been “strong bullish sentiment” and […]
Digital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure since April 24. CoinShares stated that the increase is likely tied to improving sentiment around the CLARITY Act, as Senators Thom Tillis and Angela Alsobrooks released the final compromise text related to stablecoin […]
The US Department of Justice announced that 20-year-old Marlon Ferro of Santa Ana has been sentenced to 78 months in prison for his role in a large-scale cryptocurrency theft and social engineering conspiracy that stole more than $250 million from victims across the country. Ferro, who also used the alias “GothFerrari,” pleaded guilty in October […]
American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a nearly $82 million net loss for the period. This was despite the firm mining a record 817 BTC. Mining Output Goes Up, But BTC Price Drop Hits Earnings Per documents it filed with […]
Bitcoin advocate Samson Mow has pushed back against criticism that Strategy has betrayed its principles by saying it would sell BTC at some point in the future to pay dividends. In a post published on X on May 7, Mow argued that public companies holding BTC need flexibility to protect shareholders, even if that means […]
US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to crypto,” alongside oil exports, shipping networks, and shadow banking channels. It is the first time the Treasury has named digital assets so explicitly in the context of the Iran pressure campaign, and it […]
Crypto analyst and trader Flood made a candid post this week arguing that the sector has reached a level of apathy comparable to 2019 to 2022, and that smart money is rotating into AI. His argument, however, is less a warning than a counterintuitive call to action for those willing to stay. Years of Scams […]
Investment products tied to digital assets saw $1.2 billion in inflows after extending their run to four consecutive positive weeks. CoinShares revealed that the inflows likely reflect improving institutional interest, supported by Bitcoin reaching its highest price since early February. However, some caution remains in the market as participants await the April 28-29 FOMC decision. […]
A report by on-chain analyst James Check is challenging claims that quantum attacks on Bitcoin (BTC) could trigger a catastrophic market collapse. According to the analysis, even in a worst-case scenario where Satoshi-era coins are hacked and sold, the impact would resemble typical market cycles rather than an existential crisis. Breaking Down the 6.9 Million […]
Greek maritime risk management firm MARISKS has warned shipping companies about fraudulent messages targeting vessels stranded west of the Strait of Hormuz. In fact, scammers are demanding cryptocurrency payments for “safe passage.” Strait of Hormuz Crisis Unknown actors posing as Iranian authorities have contacted shipowners, requesting transit fees in Bitcoin (BTC) or Tether (USDT) in […]