The crypto market is rallying after a turbulent week that erased billions from the total market cap and left traders on edge. Summary The crypto market kicked off October on a strong note, lifting total value to $4.17 trillion. Bitcoin is up $118,000 on the day with a 4% gain, while Ethereum rose 6% to…
Sweden is stepping into the global crypto conversation. A bold new motion in parliament could see the country soon establish a Bitcoin reserve as gloabl interest rises. Summary Lawmakers in Sweden have proposed creation of a national Bitcoin reserve. The reserve would be funded with Bitcoin seized by law enforcement. The lawmakers opposed the creation…
With a treasury of 3,650 Bitcoin, OranjeBTC is leveraging heavyweight backing from the Winklevoss twins and others to launch onto Brazil’s B3. The move creates a regulated gateway for local investors seeking exposure to the original crypto’s volatile market. Summary OranjeBTC, backed by the Winklevoss twins, will list on Brazil’s B3 via a reverse merger…
SBI Crypto is the latest major exchange in the crosshairs of a suspected state-sponsored attack, with sleuth ZachXBT, citing help from Cyvers, tracing a $21 million multi-coin theft to wallets linked to previous DPRK campaigns. Summary SBI Crypto has reportedly lost $21 million in a multi-coin hack traced by ZachXBT and Cyvers. Investigators say laundering…
Bitcoin price is holding above $114,000 as institutional demand strengthens, with spot exchange-traded funds registering their largest inflows in weeks. Summary BTC trades is up 6.1% in 30 days and nearing $115K resistance. U.S. spot Bitcoin ETFs saw $429M inflows on Sept. 30, led by BlackRock. Technicals show neutral momentum but strong support, keeping the…
Swiss digital asset bank Sygnum is launching a fund to help investors maximize their Bitcoin yield while retaining price exposure. Summary Digital asset bank Sygnum partnered with Starboard Digital to launch BTC Alpha Fund The fund gives investors exposure to the BTC price while also generating yield Starboard Digital will be in charge of arbitrage…
IREN stock price jumped by more than 2% and approached its all-time high after a major $14 billion deal between Meta Platforms and CoreWeave and after a bullish report on AI spending from Citi. Summary IREN stock price soared after a big deal between Meta Platforms and CoreWeave. Meta will buy AI computing power from…
The self-claimed genius with IQ 276 ties his future to Bitcoin, touting 100x gains. Could this be another facade in the making? Summary YoungHoon Kim, a South Korean entrepreneur, claims an IQ of 276 and has declared he is all-in on Bitcoin. His forecast predicts Bitcoin will grow 100x within the next decade, implying a…
Tether reinforced its belief in Bitcoin as a primary reserve asset with its latest acquisition—a $1 billion purchase that brings its total stake to $9.7 billion amid a soaring USDT supply. Summary Tether bought 8,889 BTC worth $1 billion in Q3, raising reserves to $9.7 billion. The move follows a pattern of end-quarter Bitcoin acquisitions….
Chinese national Zhimin Qian has been convicted of illegally acquiring and possessing 61,000 BTC after five years of allegedly ‘evading justice.’ The woman has been known as the goddess of wealth in China due to her crypto-related schemes. Summary Chinese national Zhimin Qian, also known as Yadi Zhang, pleaded guilty to illegally acquiring and possessing…
