Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high. Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close ever at […]
An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of crime. The AFP-led Criminal Assets Confiscation Taskforce (CACT) said in a May 18 statement that it seized nearly 25 Bitcoin (BTC), alongside the […]
Corporate treasuries could spark an economic revolution as bitcoin accumulation strategies reshape capital allocation and production profitability worldwide. From Holding BTC to Selling Operations, a Corporate Strategy Path Outlined by Bitcoin Advocate Bitcoin advocate Pierre Rochard, CEO of the Bitcoin Bond Company, outlined a vision for corporate treasury strategy on Saturday via social media platform […]
Bitcoin is entering a pivotal 15–20 year phase of dominance, poised to outperform traditional assets as it matures into the most investable macro store of value globally, a top analyst explained. Bitcoin’s Long Arc Is Set—And Almost No Public Asset Will Keep Up Analyst Willy Woo shared an analysis of bitcoin’s growth prospects on Sunday, […]
Bitcoin reached a peak of $107,115 per coin on Sunday evening at approximately 8 p.m. Eastern time, notching a 3.5% gain against the U.S. dollar. At this valuation, the premier digital asset exceeds the worth of a full kilogram of .999 fine gold, equivalent to 33 troy ounces. Trading at $106,508 per coin at present, […]
Ethereum may have reached a pivotal turning point against bitcoin, signaling the potential start of an “Alt season,” according to a recent Cryptoquant report. The ETH/ BTC price ratio surged 38% last week after hitting its lowest level since January 2020, with onchain data suggesting reduced selling pressure and growing institutional demand for ether. Breaking […]
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project. The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep Smerkis in custody while he is being investigated, Russian state-owned news […]
Key points: Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. Bitcoin (BTC) has been stuck in a narrow range for the past few days, but the rally above $105,500 on May 18 increases the […]
A landmark U.S. Senate vote looms on the GENIUS Act, a game-changing bill set to redefine stablecoin regulation, supercharge dollar dominance, and electrify crypto innovation. Bullish Crypto Countdown: Historic Senate Vote on GENIUS Act Imminent U.S. Senators Bill Hagerty (R-TN) and Kirsten Gillibrand (D-NY) released statements on May 16 in Nashville expressing renewed support for […]
Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a deal combining equity, bitcoin, and cash. POW.RE and Block Green Merge to Combine Mining and Financial Services The acquisition, pending a definitive agreement within 90 days, aims to merge POW.RE’s sustainable mining operations with Block […]
Attorneys for Tornado Cash developer Roman Storm filed a motion asking the court to reconsider the motion to dismiss the case due to the prosecution withholding exculpatory evidence in the form of communications with the Financial Crimes Enforcement Network (FinCEN) dating back to 2023. According to a May 16 letter from Storm’s attorneys to Judge […]
Attorneys for Tornado Cash developer Roman Storm filed a motion asking the court to reconsider the motion to dismiss the case due to the prosecution withholding exculpatory evidence in the form of communications with the Financial Crimes Enforcement Network (FinCEN) dating back to 2023. According to a May 16 letter from Storm’s attorneys to Judge […]