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American Charged in Bitcoin Laundering Scheme Involving $1.7 Million in Fraudulent Checks

Federal prosecutors have charged an American individual with laundering $1.7 million in proceeds derived from fraudulent checks using Bitcoin. The indictment details a complex laundering operation spanning several years. The charges allege the individual operated a sophisticated scheme designed to… Read More »American Charged in Bitcoin Laundering Scheme Involving $1.7 Million in Fraudulent Checks

Bitcoin’s Declining Volatility Enhances Institutional Appeal as Asset Matures

Bitcoin’s diminishing volatility patterns are increasingly positioning the cryptocurrency as an attractive investment option for institutional portfolios. New analysis indicates this trend may accelerate adoption among traditional investors seeking stable returns. Matrixport’s latest report challenges established perceptions by highlighting Bitcoin’s… Read More »Bitcoin’s Declining Volatility Enhances Institutional Appeal as Asset Matures

Bitcoin Needs $140,000 Target to Match Previous Long-Term Holder Profits, CryptoQuant Analysis Shows

According to the latest research from blockchain analytics firm CryptoQuant, Bitcoin’s sustained bull run may require a climb to approximately $140,000 to match the realized profits recorded by long-term holders (LTHs) during earlier market peaks. The analysis highlights that current… Read More »Bitcoin Needs $140,000 Target to Match Previous Long-Term Holder Profits, CryptoQuant Analysis Shows

Whale Deploys $15.66M USDC for 10x Leveraged Ethereum Short Worth $70M After Prior $3.56M Loss

A prominent cryptocurrency whale, identified by the wallet address ‘0xFa5’, has placed a highly leveraged bearish bet against Ethereum price action, depositing 15.66 million USDC into decentralized derivatives exchange Hyperliquid. The whale utilized the funds to open a 10x leveraged… Read More »Whale Deploys $15.66M USDC for 10x Leveraged Ethereum Short Worth $70M After Prior $3.56M Loss

Binance Maintains Significant Remote Workforce in Singapore Amid Regulatory Landscape

Binance, the global cryptocurrency exchange, has affirmed its commitment to employing hundreds of remote workers based in Singapore. This decision comes despite facing regulatory hurdles within the jurisdiction. Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), had previously established… Read More »Binance Maintains Significant Remote Workforce in Singapore Amid Regulatory Landscape

Bitcoin Breaks $107,000 on Institutional Demand and US Dollar Weakness Amid Favorable July Trends

Bitcoin surpassed $107,000 amid robust institutional demand and US dollar weakness, coinciding with July’s historical tendency for strong cryptocurrency market performance. This rally reflects deepening institutional engagement despite broader macroeconomic fluctuations. Daily Bitcoin trading volume surged 23% to $26.8 billion,… Read More »Bitcoin Breaks $107,000 on Institutional Demand and US Dollar Weakness Amid Favorable July Trends

Metaplanet Reports 42.4% Surge in Q2 Bitcoin Revenue to $7.6 Million

Metaplanet has announced Bitcoin revenues totaling $7.6 million for the second quarter, marking a 42.4% month-on-month increase. The significant growth reflects the company’s expanding role in the cryptocurrency market. The revenue surge signals Metaplanet’s accelerating engagement with digital assets, demonstrating… Read More »Metaplanet Reports 42.4% Surge in Q2 Bitcoin Revenue to $7.6 Million

BNB Chain Achieves Record Fee Revenue and $157B DEX Volume Amid Network Speed Upgrade

BNB Chain has registered its highest fee revenue since 2021, securing fifth place among all Layer-1 and Layer-2 networks in total fees collected for June. This financial milestone coincides with unprecedented decentralized exchange activity, where monthly trading volume soared to… Read More »BNB Chain Achieves Record Fee Revenue and $157B DEX Volume Amid Network Speed Upgrade

Corporate Bitcoin Acquisitions Overtake ETF Purchases in First Half with $16.4B Accumulation

Publicly-listed corporations have acquired 245,510 Bitcoin in the first half of the year, significantly surpassing purchases made by Bitcoin exchange-traded funds (ETFs) during the same period. The corporate accumulation, totaling double the volume of ETF purchases, signals a fundamental shift… Read More »Corporate Bitcoin Acquisitions Overtake ETF Purchases in First Half with $16.4B Accumulation

Federal Judge Clears Celsius’ $4 Billion Bitcoin Lawsuit Against Tether, Spotlighting Crypto Counterparty Risk

A U.S. federal judge has authorized bankrupt crypto lender Celsius Network to pursue a $4 billion lawsuit against Tether over alleged mishandling of Bitcoin collateral liquidation. The dispute centers on claims that Tether improperly executed a liquidation event, causing substantial… Read More »Federal Judge Clears Celsius’ $4 Billion Bitcoin Lawsuit Against Tether, Spotlighting Crypto Counterparty Risk

Ethereum Rally Shows Signs of Fatigue Amid Exchange Inflows and Fed Liquidity Constraints

Recent market activity indicates Ethereum’s upward momentum may be weakening, fueled by significant exchange inflows and subdued derivatives trading. Nearly 100,000 ETH (valued around $250 million) entered Binance in two concentrated waves, signaling potential profit-taking or heightened investor caution. The… Read More »Ethereum Rally Shows Signs of Fatigue Amid Exchange Inflows and Fed Liquidity Constraints

Ripple RLUSD Faces Criticism Over Paid Partnership Adoption Tactics

Blockchain investigator ZachXBT has publicly criticized the growth trajectory of Ripple’s RLUSD stablecoin, alleging its adoption stems primarily from paid partnerships rather than organic market demand. This scrutiny highlights concerns about the stablecoin’s authenticity and long-term market viability. The controversy… Read More »Ripple RLUSD Faces Criticism Over Paid Partnership Adoption Tactics

PI Token Faces Bearish Signals and Liquidity Concerns Ahead of Major Token Unlock

Following a bearish MACD crossover on PI’s price chart, technical indicators point to potential deepening losses for the token in the near term. This technical warning arrives alongside a significant liquidity event, amplifying concerns. Approximately 312.29 million PI tokens, valued… Read More »PI Token Faces Bearish Signals and Liquidity Concerns Ahead of Major Token Unlock

Norwegian Block Exchange Secures $532K via Put Options to Boost Bitcoin Reserves

Norwegian Block Exchange (NBX) has raised 5.4 million Norwegian Kroner, equivalent to approximately $532,000, through its third put option financing round. The proceeds are earmarked to bolster NBX’s holdings of Bitcoin, enhancing the platform’s cryptocurrency reserves. This strategic financial move… Read More »Norwegian Block Exchange Secures $532K via Put Options to Boost Bitcoin Reserves