Today in crypto, the US Justice Department is moving to forfeit 127,271 Bitcoin, worth about $14.4 billion, tied to a fraud case. Meanwhile, US spot Bitcoin and Ether ETFs started the week with more than $750 million in outflows after Friday’s crash, and Bhutan migrated its national ID system from Polygon to Ethereum. US gov’t could…
Key Takeaways The US government now holds more than $36 billion in Bitcoin, much of it seized from criminal activities. Federal authorities, under Trump, have taken a strategic approach to managing seized Bitcoin, treating it as a digital reserve rather than liquidating it. Share this article The US government’s Bitcoin holdings have climb to roughly…
Shibarium has announced the reactivation of the Plasma Bridge for the BONE token, with the move coming a few weeks after a network exploit that saw attackers siphon more than $4.1 million via a flash loan attack. Summary Shiba Inu reactivated the BONE Plasma Bridge following a recent freeze. The exploit that saw $4.1 million…
XRP drops 18% in a week as analyst EGRAG CRYPTO rejects major exchange data, sets $1.40 as new chart baseline amid market uncertainty. XRP is trading at $2.43 at press time, down 7% in the past 24 hours and 18% over the last week, according to CoinGecko. A crypto analyst has raised concerns about…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Institutional investors bought more Bitcoin, Ethereum, and XRP last week, with crypto funds recording another week of net inflows. This provides a bullish outlook for these crypto assets, especially as they look to bounce from last week’s crash. Institutional Investors Accumulate Bitcoin,…
Key takeaways: Bitcoin risks a correction toward $96,500–$100,000 if the $110,000 support fails. Onchain and technical patterns suggest a healthy mid-cycle reset, not a full trend reversal. Bitcoin’s (BTC) rebound after a major weekend plunge showed signs of fading on Tuesday. The top crypto dipped 4.65% to around $110,000, mirroring a global equity slump after…
Key Takeaways Tether has settled all claims relating to the Celsius bankruptcy case. The settlement resolves long-standing disputes regarding Tether’s role in liquidating Celsius loans during the lender’s 2022 collapse. Share this article Tether has settled all claims related to the Celsius bankruptcy case, CEO Paolo Ardoino announced today. The agreement resolves disputes between Tether…
S&P Global will provide risk assessments for major stablecoins, available to DeFi protocols in real time, in partnership with Chainlink. Summary Chainlink partners with S&P for stablecoin risk assessments S&P Global will publish Stablecoin Stability Assessments DeFi protocols will be able to access these ratings in real time Traditional firms are increasingly exploring stablecoins. On…
Dip buyers scored between 7% and 14% gains as crypto markets rebounded following last week’s $19 billion liquidation event. Crypto markets kicked off the week with a rebound after a bruising weekend of liquidations, with opportunistic traders who bought the dip amid trade war tensions reaping gains of between 7% and 14%. According to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Quick Facts: 1️⃣ Gemini’s AI model predicts Solana ($SOL) could hit $300 by the end of the year, driven by strong on-chain fundamentals and rising DEX volumes. 2️⃣ Solana leads all blockchains in real economic value ($223M in Q3) and posts over…
