Bitcoin Breaks $106K as Institutional Interest Widens
Research by Standard Chartered Bank shows a wider range of institutions are purchasing bitcoin proxies for their investment portfolios. Bitcoin Eyes $106K Support Level As Big Money Flows In London-based Standard Chartered Bank published research on Tuesday showing that bitcoin…
DCG, Barry Silbert Face $3.3 Billion in New Lawsuits From Genesis Creditors
The Genesis Litigation Oversight Committee has filed two lawsuits against Digital Currency Group in an effort to recover billions of dollars owed to Genesis Global Capital. Claims of Mismanagement and Fraud The Genesis Litigation Oversight Committee (LOC) has filed two…
Blackrock, Fidelity, Ark 21shares Fuel $667 Million Surge in Bitcoin ETFs
Bitcoin ETFs opened the week with a bullish $667 million net inflow, led by Blackrock, Fidelity, and Ark 21shares. Ether ETFs joined the party with $13.66 million in the green, all from Blackrock’s ETHA. Bitcoin ETFs Rally With Fourth Straight…
Ed Suman | Loss of 17.5 BTC to Coinbase Impersonators
Ed Suman, a 67-year-old retired artist who helped create large sculptures like Jeff Koons’ Balloon Dog, reportedly lost his entire life savings — over $2M in digital assets — in a sophisticated scam. The incident is believed to be tied…
Crypto Abduction Threat Spreads to Africa; Ugandan Founder Targeted
The founder of the Ugandan blockchain and crypto education institution Mitroplus Labs was abducted by armed criminals posing as law enforcement. The criminals demanded $500,000 and access to the founder’s cryptocurrency wallets. Crypto Abduction Threat Spreads to Africa On May…
Jack Dorsey Fights Against Sats, Supports Controversial Changes for Bitcoin
Block co-founder Jack Dorsey has argued for making bitcoin transactions easier to follow and finalize, shedding the name of the smallest bitcoin unit, sats, and referring to them simply as bitcoin. This change, focused on retail, was proposed in BIP…
Latam Insights Encore: Meliuz Case Developing—Is There Demand for a Latam-Based Strategy?
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the recent bitcoin purchases by Meliuz, a Brazil-based cashback company, might serve as a thermometer…
Fibonacci Retracement: A Trader’s Compass in the Bitcoin Market
In the world of bitcoin trading, identifying key price levels can be the difference between a profitable decision and a costly error. Among the arsenal of tools available to technical analysts, Fibonacci retracement stands out for its mathematical elegance and…
PNP Serves Warrants on Unlicensed Crypto Center in Pangasinan City
Following the May 13 arrest of five individuals in Pangasinan for allegedly running an unregistered cryptocurrency investment scheme, the Philippine National Police Anti-Cybercrime Group (PNP-ACG) served search warrants on a suspected unlicensed crypto investment and remittance center in San Carlos…
SEC Chair Unleases Plan to Merge Crypto and Securities Under One Roof
A sweeping regulatory revolution is underway as the SEC unveils bold plans to unify crypto and securities oversight, slashing red tape and embracing market innovation. SEC Chair Declares New Crypto Era With Push for Unified Market Rules U.S. Securities and…
