SEC Charges Texas Man in $12.3M Crypto Fraud
Nathan Fuller charged by the SEC for a $12.3M crypto fraud, promising 40-50% returns but misappropriating $6.2M. The SEC seeks permanent injunctions and restitution. #Breaking #Legal $BTC
Crypto Trading Tools Launch for Retail Investors
@MoomooUS aims to provide retail investors with institutional-grade trading tools, emphasizing advanced analytics and AI-assisted trading, as it expands its offerings in crypto and traditional markets. #Update #Crypto $BTC $ETH
Gravity Bridge Hacked $5.4M Loss
Gravity Bridge suffered a $5.4M hack due to a compromised signing key, with funds laundered via ChangeNOW and Binance; investigations ongoing. #Breaking #Crypto $ETH
Bitcoin Lawsuit Targets Satoshi’s $286B Wallets
Ripple CTO Emeritus David Schwartz criticizes a New York lawsuit claiming $286B in Bitcoin ownership linked to Satoshi Nakamoto and the Mt. Gox hack for its flawed reasoning. #Update #Legal $BTC
Coinone Stake Acquired for $106M by OKX
@OKXVentures and Korea Investment & Securities to invest $106M for a 19.6% stake in Coinone, enhancing traditional finance-crypto ties in South Korea’s regulated market. #Update #Crypto $BTC
Bitcoin Futures Launches 24/7 Trading Revolution
@CMEGroup will launch 24/7 trading for Bitcoin futures and options on its Globex platform starting Friday, with only a 1-hour maintenance window each Sunday. #Breaking #Crypto $BTC
Trump Demands Fort Knox $40M Audit
FBI seized 303 gold bars worth $40M from ex-CIA official David Rush, sparking Trump’s call for a Fort Knox audit. No date set; H.R. 3795 pending. #Breaking #Legal
Bitcoin Targets $78K as Support Holds Strong
Bitcoin ($BTC) rebounds to $74,000, defending a key support level near $71,400, with bulls eyeing $78,200; historical trends suggest potential gains of 36.6% in six months. #Update #Crypto $BTC
Bitcoin Custody Shift: Texas Moves Directly
Texas allocates $10M to establish a Strategic Bitcoin Reserve, shifting from ETF exposure to direct custody of Bitcoin, with an advisory committee overseeing management and reporting. #Update #Crypto $BTC
Bitcoin Moves to Coinbase Amid Strategic Shift
@MicroStrategy has deposited 411.48 $BTC worth $30.3M into Coinbase, shifting from a “never sell” stance to potentially selling some holdings for dividends as Bitcoin dips below $73K. #Update #Crypto $BTC
Bitcoin Holders Risk 50% Losses in 4 Months
@Arca’s CIO Jeff Dorman warns MSTR, STRC, and $BTC holders may face significant losses in 4 months due to funding model concerns and a $15B preferred stock issue. #Update #Crypto $MSTR
Bitcoin Stabilizes After Wild Volatility
Bitcoin’s volatility has decreased significantly, now at 35 from 120 in 2021, reflecting growing institutional adoption, according to Trace Mayer. Bitcoin is currently priced at $73,807.66. #Update #Crypto $BTC
Bitcoin Targets $78K as Support Holds Strong
Bitcoin ($BTC) rebounds to $74,000, targeting $78,200 as key support at $71,400 holds. Analysts predict potential gains of up to $101,100 in six months if momentum continues. #Update #Crypto $BTC
Arca Exec Warns $15B Preferred Stock Crisis
@Arca’s Jeff Dorman highlights concerns over a $15 billion preferred stock obligation, suggesting potential pressure on capital structure and CEO comments hinting at possible Bitcoin sales. #Update #Crypto $BTC