Bitcoin breaks $60,000, predicted to hit $90,000 by year-end. TEPCO explores solar-powered mining. MicroStrategy acquires 18,300 BTC. SEC fines on crypto firms surge 3000% since 2023. Coinbase’s cbBTC boosts Bitcoin liquidity and usability.
US DOJ sentences 12 for violent crypto heists, totaling 204 years in prison. Leader Remy Ra St. Felix gets 47 years; accomplice Jarod Gabriel Simungal gets 20 years. Gang stole over $3.5M in digital assets, using SIM swapping and encrypted messengers.
Brazil’s Attorney General Paulo Gonet Branco supports the Supreme Court’s decision to ban social network X, urging the dismissal of lawsuits challenging the ban. Elon Musk calls the ban an attack on Brazilians’ freedoms. Intense debates in Congress continue.
The CFTC seeks to extend the ban on political betting on the Kalshi platform to prevent market manipulation and safeguard U.S. electoral integrity. Kalshi argues the suspension harms their platform, while the CFTC cites broader risks.
Bitcoin miners sold 30,000 BTC in 72 hours, yet $BTC price remained stable, thanks to $BLK Bitcoin ETFs, says Bloomberg analyst Eric Balchunas. Speculations on Coinbase IOUs to BlackRock were denied by CEO Brian Armstrong, ensuring transparency.
Bitcoin ETFs see $400M inflows this week, reversing last week’s outflows. $FBTC led with $102M, followed by positive numbers from @ArkInvest. $BTC price holds at $59,819, with potential for a breakout above $60K soon.
$SHIB unveils a new plan to reduce supply via community-driven burns, shows a 38.79% increase in burn rate. 14.17M tokens burned in the last 24 hours. Upgraded Shibarium aims to boost user engagement and SHIB value. @ShibaInuCoin
Justin Bons, founder of Cyber Capital, alleges Tether is a $118B scam, surpassing FTX and Madoff. He criticizes $USDT for lack of transparency and warns its collapse could be disastrous, urging the crypto community to avoid it.
Nvidia CEO Jensen Huang sells over $104M in $NVDA stock, raising questions about market sentiment. Despite this, the company remains strong in the AI chip sector, holding 80% of the global market cap and anticipating new Blackwell chip releases.
Recent analysis shows a significant reduction in Bitcoin’s market depth, indicating a potential price floor and upcoming bullish trend. Despite a 4.3% rebound in $BTC price, negative funding rates still favor short positions. Traders should watch closely.
$USDC issuer Circle accused of profiting from North Korean Lazarus Group transactions. Circle allegedly delayed blacklisting wallets by 4.5 months, unlike other stablecoin issuers. The group was involved in a $20M hack on Indodax.
Validator Vegas Morph’s new plan to re-peg $USTC to $1 boosts $LUNC price by 15%, driven by token burns, the Tax2Gas upgrade, and enhanced security. Key upgrades aim to stabilize $USTC, with community engagement crucial for future growth.
Bitstamp and @Ripple team up to launch a crypto derivatives exchange, enhancing cross-border payments with $XRP Ledger. Robinhood plans to acquire Bitstamp by 2025, aiming to offer crypto futures globally.
Tether, Circle, and others have blacklisted addresses linked to North Korean hackers, freezing $4.96M in stablecoins. Exchanges froze an additional $1.65M. Lazarus Group is suspected of a $20M theft from Indodax.
