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Bitcoin’s 0K Price Forecast ‘Conservative,’ Says Bernstein

Bitcoin’s $200K Price Forecast ‘Conservative,’ Says Bernstein

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Bernstein reaffirmed its $200,000 Bitcoin price forecast, labeling it “high-conviction but conservative,” based on accelerating institutional investment and structural market evolution. The firm cites the success of spot bitcoin ETFs, which now manage approximately $120 billion in assets, as validation of BTC’s role as a mainstream macro asset. This institutionalization is viewed as a foundational […]

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US Seizes Crypto and 145 Domains From Identity Theft Marketplace

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The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information. Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating

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Moscow Exchange Opens Bitcoin Futures to Select Investors

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Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin

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UK Financial Giant IG Group Launches Crypto Trading for Retail Investors

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UK financial giant IG Group, a leading FTSE 250 trading platform, is launching cryptocurrency trading for retail investors—becoming the first UK-listed company to offer such services. Customers can buy, sell, and hold major digital currencies, including bitcoin, ethereum, and select stablecoins, all with a flat 1.49% transaction fee. In partnership with Uphold, IG’s platform allows

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IMF Alarmed as Pakistan Declares Bold Bitcoin Reserve

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Amid ongoing economic negotiations, Pakistan’s unprecedented plan to integrate bitcoin into its national strategy has sparked concern from the International Monetary Fund, which was not consulted on the initiative. The country declared the establishment of a national bitcoin reserve and a digital asset authority during the Bitcoin Vegas 2025 conference, unveiling plans to allocate 2,000

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US-Mexico Transfers Accelerated by XDC-Bitso Blockchain Rail

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In a strategic move to overhaul U.S.-Mexico remittance flows, XDC Network has joined forces with Bitso Business to deploy a blockchain-based payment framework designed for rapid, low-cost, and secure cross-border transactions. Tapping into the $63 billion inbound remittance market in Mexico and the $70 billion outbound volume from the U.S., the alliance utilizes XDC’s ISO

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SEC’s Crypto Task Force Gets Crucial Input From EY

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Ernst & Young LLP (EY US) submitted a letter to the U.S. Securities and Exchange Commission (SEC) last week in response to the SEC’s request for input on crypto-related matters. The firm emphasized the importance of regulatory clarity regarding how federal securities laws apply to crypto markets. EY US outlined its experience in assurance, tax,

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Bitcoin ETFs Soar as Investors Flee Gold Holdings

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A strategic pivot among investors is becoming clear as capital shifts from traditional safe havens to digital alternatives. Over the past five weeks, U.S.-based bitcoin ETFs attracted more than $9 billion in inflows, predominantly led by Blackrock’s Ishares Bitcoin Trust (IBIT), while gold ETFs experienced over $2.8 billion in outflows. Analysts cite bitcoin’s rising appeal

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India May Release Crypto Regulation Discussion Paper in June: Report

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India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President Donald Trump endorsed digital currencies, signaling a major policy shift. In India,

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Ripple Hails Dubai’s Crypto Vision at Fintech Summit

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Ripple reaffirmed its commitment to the global crypto ecosystem during the Dubai Fintech Summit, where Ripple President Monica Long engaged with Sheikh Ahmed bin Saeed Al Maktoum. Praising Dubai’s role in the digital economy, Long stated: “We continue to be impressed with the leadership demonstrated by Dubai as it establishes itself as one of the

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