Federal Reserve Holds Rates Steady Amid Inflation Concerns as Bitcoin Shows Resilience

The Federal Reserve’s decision to hold interest rates steady reflects a cautious approach amid persistent inflation and geopolitical tensions. Bitcoin demonstrated resilience by recovering losses ahead of the Fed announcement, signaling investor confidence despite macroeconomic uncertainties. According to COINOTAG, the Fed’s data-dependent stance underscores the complexity of balancing inflation control with economic growth in a … Read more

Bitdeer Announces $330M Debt Offering to Expand Operations

Bitdeer Technologies Group, a Bitcoin mining company based in Singapore, announced the offer of $330 million in senior convertible notes to support multiple initiatives, including data center expansion and further development of ASIC-based mining rigs. According to the announcement, the convertible notes will be due in 2031. Of the total, $130 million will be allocated … Read more

Trump’s Tariffs Just Reshaped Bitcoin’s Backbone

Three major Chinese bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are relocating their production to the United States. This move allows them to circumvent the punitive tariffs imposed on Chinese imports. Chinese Trio Dominate Global Mining Rig Market In what will be seen as a vindication of U.S. President Donald Trump’s tariff policies, three Chinese bitcoin … Read more

Crypto Scam Targeting Russian-Speaking New Yorkers Disrupted by State Officials

Crime New York regulators have shut down a cryptocurrency investment scam that targeted Russian-speaking residents in Brooklyn using deceptive Facebook ads. The operation led to the seizure of $140,000 and the freezing of an additional $300,000 in cryptocurrency, according to a statement from the New York State Department of Financial Services (NYDFS) released Wednesday. The … Read more

BlackRock buys $1.4B Bitcoin over six-day streak amid ETF boom

ETF issuer and asset management firm BlackRock is expanding its Bitcoin portfolio with billions of dollars in fresh investments. According to Arkham Intelligence data, on June 17, BlackRock purchased $250 million worth of Bitcoin (BTC). The acquisition is part of a broader accumulation streak that has now spanned six consecutive days, bringing the firm’s total … Read more

US Secret Service Cracks Down: $225M Crypto Seized From Fraud Network

U.S. authorities filed a civil forfeiture complaint targeting over $225.3 million in cryptocurrency allegedly linked to laundering proceeds from widespread cryptocurrency investment scams. Secret Service, FBI Trace and Seize $225M in Crypto Scam Proceeds The U.S. Attorney’s Office for the District of Columbia filed the complaint in federal court on June 18, 2025. It alleges … Read more

NY Authorities Freeze $300K Linked To Crypto Scammers

New York officials reported an investigation resulting in the recovery of ​​$140,000 and freezing $300,000 in stolen funds as part of a cryptocurrency investment scam using fake ads on social media. In a Wednesday notice, authorities with the Brooklyn District Attorney’s office, the New York State Attorney’s office and the New York State Department of … Read more