Altcoins Surge as Bitcoin and Ether Retreat
Bitcoin ($BTC) fell 0.7% to $80,953.28 after hitting $82,800, while Ethereum ($ETH) dropped 1% to $2,325. Altcoins like $ALGO and $TON rose 8-9%. #Update #Crypto $BTC
Bitcoin
Bitcoin Thief Sentenced 78 Months $250M Heist
Marlon Ferro, aka “GothFerrari,” sentenced to 78 months for stealing over $250M in cryptocurrency through racketeering and burglary. #Breaking #Legal @USAO_DC
Bitcoin Reserve Plan Awaits White House Decision
White House crypto advisor Patrick Witt announced upcoming details on the US Strategic Bitcoin Reserve following a security incident involving US Marshals’ digital assets. #Update #Crypto $BTC
Bitcoin Rallies Ahead if Price Holds Key Level
Pseudonymous analyst KillaXBT predicts Bitcoin will rally if it holds above April’s high of $79,505, currently trading at $81,348, while another analyst sees strong fundamentals supporting the uptrend. #Update #Crypto $BTC (+5) ↗
Bitcoin Custody Launches in UAE by BNY Mellon
@BNY announced it will offer crypto custody services for $BTC and $ETH in Abu Dhabi, collaborating with Finstreet Limited and ADI Foundation to enhance digital finance in the UAE. #Update #Crypto $BTC $ETH
Bitcoin Lenders Demand TradFi Style Crypto Credit
Bitcoin lenders are urged to adopt traditional finance practices to attract institutional capital, focusing on standardization and transparency post-2022 lending crises. #Update #Crypto $BTC
Solana Surges Post-Triangle Breakout to $96
Solana ($SOL) breaks out of an eight-week symmetrical triangle, rising 4.2% to retest $90, with potential resistance at $92 and $96. #Update #Crypto $SOL
Bitcoin Fraud Probe: $440K Detention in Kenya
Kenyan court detains Dickson Nyakango for $440K crypto scam investigation; DCI to trace GSIWEA app amid fraud crackdown. Kenya plans 2025 VASP Act for exchange oversight. #Breaking #Legal
Bitcoin Boosts $100M Real Estate Deal
Grant Cardone’s @CardoneCapital announces a $235M real estate deal with a $100M Bitcoin allocation, aiming for 22-32% returns. #Update #Crypto $BTC
Bitcoin Launches Regulated Volatility Futures
CME Group plans to launch Bitcoin Volatility futures on June 1, pending regulatory review, allowing investors to trade expected Bitcoin volatility. #Update #Crypto $BTC
Bitcoin Trading Launches After ETF Success
@MorganStanley is piloting crypto trading on E*Trade for 8.6M customers, charging 50 bps per transaction, undercutting rivals like Charles Schwab. #Update #Crypto $BTC
Bitcoin Strategy Outperforms REITs as Cardone Adds BTC
Grant Cardone announced adding $100 million in bitcoin to his portfolio, combining it with real estate to outperform traditional REITs, increasing total bitcoin exposure to $200 million. #Update #Crypto $BTC
Bitcoin Ethereum Face 2030 Quantum Threat
Quantum computers could break blockchain cryptography by 2030, warns Project Eleven, urging immediate migration to quantum-resistant systems for $BTC and $ETH. #Update #Crypto $BTC
Bitcoin Surges to $80K Targets $93K
Bitcoin approaches $82,000, testing resistance; XWIN Research Japan identifies a CME gap target at $93,000, highlighting market mechanics over magic. #Update #Crypto $BTC