Bitcoin Surges with 1550 BTC Purchase After Controversy
@MicroStrategy purchased 1,550 $BTC for $101.3M, raising total holdings to 845,256 BTC. Shares rose 6.55% post-disclosure; average purchase price was $65,332. #Update #Crypto $BTC
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Bithumb Raided by Police Over Favoritism Probe
South Korean police raided @Bithumb amid a nepotism probe involving lawmaker Kim Byung-gi, who allegedly influenced hiring for his son. Investigations into potential misconduct are ongoing. #Update #Legal $BTH
Bitcoin Price Bottom Delayed Until Q4
Bitcoin ($BTC) is expected to see a bear-market low by Q4, with current market sentiment at extreme fear levels. May’s inflation data may further impact prices. #Update #Crypto $BTC
Bitcoin Recognized as Property in Theft Case
A man in eastern China received a 10-year and nine-month prison sentence for stealing 107 Bitcoin using a memorized seed phrase, marking a significant legal precedent as the court recognizes Bitcoin as property. #Update #Legal $BTC
NFTs Saved After $500K Flooring Exploit
@YugaLabs recovered 68 NFTs worth over $500K from Flooring Protocol after an exploit, with plans to return them once resolved. CryptoPunks and Bored Apes maintain high floor prices despite market downturn. #Update #Crypto $ETH
Zcash Proposes Ironwood Pool to Fix Flaw
Zcash developers propose a new shielded pool, Ironwood, following a vulnerability in the Orchard protocol that could have allowed counterfeit $ZEC. Activation is targeted for July 2026. #Update #Crypto $ZEC
SEC Approves Securitize for NYSE Listing
@Securitize advances toward a public listing via SPAC merger after SEC approval of its Form S-4 registration. The firm manages $4B in assets and reported Q1 revenue of $19.5M, up 39%. #Update #Crypto
HTX Delists Trump Family’s USD1 Amid Freeze
@HTX_Global delisted the Trump family’s USD1 stablecoin after World Liberty Financial froze its addresses, citing sanctions compliance. Users’ holdings will convert to $USDT at a 1:1 ratio. #Update #Crypto $USDT
Bitcoin Buy Signal Ignites Saylor’s Strategy
Michael Saylor hints at potential Bitcoin purchases as @Strategy votes on changing STRC dividends to semi-monthly, aiming for enhanced liquidity and reduced volatility. $BTC trading down 16.6% in the last week. #Update #Crypto $BTC
Bitcoin Faces $35B Bear Market Purge
Bitcoin ($BTC) faces potential further losses as realized losses of $174B remain below the 2022 record of $211B, indicating a possible need for additional capitulation before a market bottom is reached. #Update #Crypto $BTC
Bitcoin Faces $35B Bear Market Purge
Bitcoin ($BTC) risks further losses as realized losses of $174B in 2023 remain $35B below the 2022 record, suggesting potential capitulation may be needed for a market bottom. #Update #Crypto $BTC
Bitcoin Oversold Since 2020 Can BTC Hit $70K
Bitcoin’s RSI indicates it’s the most oversold since the 2020 crash, raising speculation about a potential rebound to $70K. #Update #Crypto $BTC
Bitcoin Needs One More Catalyst for Rally
Bitcoin ($BTC) shows signs of a potential price rally as whale activity increases on Hyperliquid and Bitfinex, but requires positive demand signals from the Coinbase and Kimchi Premiums to sustain upward momentum. #Update #Crypto $BTC
Stablecoin Settlement Test Launches with Visa
@Visa is testing private stablecoin settlements using SBC with @Brale and the Canton Network, aiming for institutional payment efficiency without disclosing transaction data. #Update #Crypto $USDC