Bitcoin investors face 20% average losses as key on-chain metric signals pressure
Bitcoin investors have entered an average unrealized loss of about 20%, while a key on-chain cost basis indicator has climbed to roughly $76,700, creating a resistance level that analysts say is weighing on the market. Summary CryptoQuant’s Darkfost says active…
French police bust $1.8M crypto villa scam targeting wealthy couple
French police have arrested two suspected fraudsters accused of stealing about $1.8 million in cryptoassets from a wealthy couple during a fake villa sale after a year-long investigation. Summary French police arrested a mother and son accused of stealing €1.5…
DZ Bank brings crypto trading to millions through German banks
Germany’s cooperative banking network has begun offering cryptocurrency trading through DZ Bank, opening digital asset access to millions of retail customers across the country. Summary DZ Bank has started rolling out crypto trading through Germany’s cooperative banking network. DekaBank plans…
Bitcoin Holds Above $62K as HYPE, ADA Lead Altcoin Recovery: Weekend Watch
Bitcoin remained in the green over the past 24 hours, while several large-cap cryptocurrencies managed to post gains as the braoder market climbed. The cryptocurrency market managed to sustain its recovery over the past 24 hours. Most of the…
Revolut drops Tether USDT as MiCA rules force major crypto shift
Revolut has confirmed it will remove Tether’s USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework. Summary Revolut will delist USDT for eligible European users under the EU’s MiCA…
Bitcoin (BTC) Flashes 3 Bullish Signals: $65K Incoming?
Here’s what needs to unfold for BTC to break above $65,000. After several weeks of lackluster performance and a slide to its lowest level since 2024, Bitcoin (BTC) has finally staged a decisive comeback. The popular analyst Ali Martinez…
Major County Sheriffs abandon DeFi objection in CLARITY Act shift
The Major County Sheriffs of America has withdrawn its opposition to the decentralized finance provision in the CLARITY Act, easing one of the main law enforcement concerns surrounding the proposed U.S. crypto market structure bill. Summary Major County Sheriffs of…
Major Binance Announcement Concerning Many Users: Details
“Real liquidity for Philippines,” CZ said. The world’s largest crypto exchange has run into serious trouble with EU financial regulators, and the uncertainty has triggered concern among its user base. Despite its issues in Europe, however, Binance has strengthened…
Gnosis Pay reveals hidden flaw behind $1.5 million crypto hack
Gnosis Pay has revealed that a software flaw dating back to October 2023 enabled the $1.5 million exploit of its card safe infrastructure, while confirming that all affected users have been fully reimbursed. Summary Gnosis Pay traced its $1.5 million…
Upbit rejects Open USD role after stablecoin partner claims
South Korean crypto exchange Upbit has rejected claims that it is participating in the issuance of Open USD after being listed among more than 140 organizations associated with the proposed stablecoin. Summary Upbit says it is not participating in Open…
