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‘Elderly’ American Allegedly Loses 3,520 BTC in Sophisticated Crypto Heist, Says ZachXBT

‘Elderly’ American Allegedly Loses 3,520 BTC in Sophisticated Crypto Heist, Says ZachXBT

Two days prior, onchain analyst ZachXBT noted that the value of XMR climbed following the theft of 3,520 BTC from a single victim. By Wednesday, he suggested the wallet’s owner might be “an elderly individual in the U.S.” 3,520 BTC Stolen From Elderly U.S. Citizen and Funneled Into XMR On Sunday, ZachXBT detailed that a […]

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Bitcoin Whales Hedge Their Bets As Short Interest In BTC Spikes – What Does This Mean For Price?

Bitcoin Whales Hedge Their Bets As Short Interest In BTC Spikes – What Does This Mean For Price?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After breaking past the pivotal $90,000 mark, Bitcoin’s price has remained strongly above this threshold, recording notable gains in the past few days. However, the renewed upward trend is now being faced with growing bearish sentiment from large BTC investors as they

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Ethereum Pectra upgrade goes live next week — Will ETH price rally?

Ethereum Pectra upgrade goes live next week — Will ETH price rally?

Key takeaways: ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network. Ethereum’s upcoming Pectra upgrade promises to improve staking efficiency, potentially increasing demand for ETH. Data suggests ETH price bottomed. Will the Pectra narrative reignite bullish momentum? Since 2024, ETH (ETH)

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Ripple Offered to Buy Circle for  Billion. Here’s What Happened

Ripple Offered to Buy Circle for $5 Billion. Here’s What Happened

San Francisco-based enterprise blockchain company Ripple has reportedly approached Circle with a mammoth acquisition offer. It has proposed buying the USDC issuer for a sum in the $4-5 billion range, according to the Wednesday Bloomberg report.  However, Circle, Ripple’s key competitor in the stablecoin sector, has rejected the offer since it believes that it undervalues

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Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy

Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy

Coinbase has filed an amicus brief with the US Supreme Court supporting a constitutional challenge to the Internal Revenue Service’s (IRS) broad collection of cryptocurrency user data, arguing it violates Fourth Amendment protections. The filing, submitted on April 30, outlines the company’s opposition to an IRS John Doe summons that compelled the disclosure of detailed

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Grayscale launches Bitcoin Adopters ETF targeting firms holding BTC as treasury reserve

Grayscale launches Bitcoin Adopters ETF targeting firms holding BTC as treasury reserve

The fund, launched April 30, tracks a diversified group of firms with Bitcoin treasury strategies. Notable constituents include Michael Saylor’s Strategy, mining firm Marathon Digital Holdings (MARA), Tesla and Japanese BTC-focused firm Metaplanet. The launch comes amid a sharp uptick in institutional Bitcoin buying. Asset manager Grayscale has introduced a new

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Story of Man Who Lost 0 Million Worth of Bitcoin in Landfill Headed to Hollywood

Story of Man Who Lost $750 Million Worth of Bitcoin in Landfill Headed to Hollywood

In brief A production company has secured rights to turn the life of James Howells into numerous media ventures, including a docuseries. Howells says he lost a hard drive containing $750 million worth of BTC over a decade ago. For years, he has unsuccessfully lobbied to search the landfill where he maintains the drive is

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After 85% Crash, Axelar ($AXL) Eyes Recovery With Institutional Backing

After 85% Crash, Axelar ($AXL) Eyes Recovery With Institutional Backing

Axelar’s native token, $AXL, has begun a steady recovery after plunging to an all-time low of $0.2745 on April 7. At press time, $AXL has gained 3.72% in the past 24 hours, driven by a 246% surge in trading volume, which helped lift its market capitalization to nearly $370 million. Axelar price chart / Source:

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US Recession ‘Turning Into a Tailwind’ for Bitcoin: Bitwise Analyst

US Recession ‘Turning Into a Tailwind’ for Bitcoin: Bitwise Analyst

In brief The U.S. economy contracted at an annualized rate of 0.3% in the first quarter. Traders grew more confident that the Federal Reserve would cut interest rates this summer. The U.S. Dollar Index (DXY) rose on Wednesday but has declined 8.3% year-to-date. Bitcoin fell on Wednesday after the U.S. economy shrank for the first

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Semler Scientific Adds 165 BTC, Now Holds Over 0 Million in Bitcoin

Semler Scientific Adds 165 BTC, Now Holds Over $330 Million in Bitcoin

Semler Scientific has increased its bitcoin holdings to 3,467 BTC following a $15.7 million purchase of 165 BTC, achieving a 23.8% year-to-date yield on its bitcoin treasury strategy. Bitcoin Bet Pays Off As Semler Scientific Reports 23.8% BTC Yield Semler Scientific (Nasdaq: SMLR) continues to double down on its bitcoin strategy, announcing the purchase of

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