An Alabama man has pleaded guilty to his role in the high-profile hack of the US Securities and Exchange Commission (SEC)’s X account (formerly known as Twitter), spreading false information about the launch of the first-ever spot Bitcoin exchange-traded funds (ETFs) approval. Eric Council Jr. admitted in a Washington court to conspiring to commit aggravated … Read more
Bitcoin traders are not slamming the buy button, but most of their concerns are connected to macroeconomic conditions.
As bitcoin hovers just above $97,000 per unit, conversations are intensifying over the possibility of a future supply squeeze. On Monday, digital asset manager Bitwise highlighted a crucial reality: if corporations and governments seek to acquire substantial quantities of BTC, they will need to persuade current holders to part with their assets—a task that may … Read more
A massive trove of Bitcoin that has been dormant for up to a decade has suddenly woken up and moved out of its wallet. Blockchain analytics firm CryptoQuant reports that 14,000 coins – worth about $1.35 billion at time of writing – were transferred early on Monday to new wallets. According to CryptoQuant, the BTC … Read more
Acting CFTC Chair Caroline Pham announced on Feb. 4 that the commission would essentially end its practice of regulation by enforcement.
In a significant move, Strategy (formerly MicroStrategy) has reaffirmed its commitment to Bitcoin by purchasing 7,633 BTC for $742.4 million, signaling ambitious future plans. The strategic investment by BlackRock, increasing its stake in Strategy to 5%, reflects bolstered confidence in the company’s sustained accumulation of Bitcoin. Michael Saylor, CEO of Strategy, highlighted that despite speculative … Read more
Metaplanet shares have risen 4,800% as the company, known as “Asia’s MicroStrategy,” has stacked Bitcoin.
Japan’s Financial Services Agency (FSA) is considering labeling crypto assets as securities, requiring crypto businesses to reveal more information. The agency believes that if crypto businesses were more open to providing detailed information, it could bolster investor protection. The FSA is still holding a study session with experts to discuss the current crypto regulations and … Read more
The United States’ largest union group sued the Treasury Department, accusing it of unlawfully providing sensitive information to Elon Musk’s DOGE.
The United States’ largest union group sued the Treasury Department, accusing it of unlawfully providing sensitive information to Elon Musk’s DOGE.