Illinois Governor JB Pritzker took a swipe at US President Donald Trump for allowing “crypto bros” to guide policy as he signed two new bills to regulate crypto in the state on Monday. “While the Trump Administration is letting crypto bros write federal policy, Illinois is implementing common-sense protections for investors and consumers,” said Governor…
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Bitcoin has reached a new all-time high, and its next move will either be a surge into new price discovery or a halt to make way for the oncoming altcoin season, says Bitcoin pioneer Samson Mow. Bitcoin (BTC) prices reached $124,500 on Coinbase in early trading on Thursday, according to TradingView. The move has added…
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The US has seized servers, domain names, and around $1 million in crypto assets from the ransomware group BlackSuit. The Justice Department said on Monday that multiple US and international law enforcement agencies conducted an operation against the BlackSuit ransomware groups in late July. The operation included the unsealing of a warrant for the seizure…
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David Bailey, a well-known Bitcoin advocate who has advised US President Donald Trump on crypto policy, has announced plans to buy $762 million worth of Bitcoin as early as Tuesday. “Ever since getting into Bitcoin, I’ve always had this dream of smash buying $1 billion of Bitcoin in a single bid,” he said on Monday.…
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Crypto markets have historically fallen into a four-year bull and bear cycles that seem to revolve around the Bitcoin halving, however, this pattern could be unravelling, according to industry analysts and experts. “Top 100 Bitcoin treasury companies hold almost 1 MILLION Bitcoin,” said author and investor Jason Williams in a post on X on Sunday.…
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Bitcoin pioneer Samson Mow predicts Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether. However, historical market cycle patterns could indicate otherwise. “Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new…
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Bitcoin miner CleanSpark has reported its best-ever quarterly results, with its highest-ever revenue and profitability beating analyst expectations. CleanSpark said on Thursday that its revenue for its third quarter from April to June was $198.6 million, a 91% increase from its $104 million in revenues from the same quarter a year ago, beating analyst expectations…
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Crypto derivatives trading volumes on the Binance exchange surged to six-month highs in July, signaling increased trading activity and potentially more volatility in the wake of recent market swings. Binance futures trading volumes hit $2.55 trillion in July, the highest level since January, reported CryptoQuant analyst J.A. Maartun on Tuesday. “The jump in volume followed…
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BlackRock’s US-listed Bitcoin fund has just recorded its largest outflow since May as Bitcoin dipped on the weekend and slightly recovered on Monday. BlackRock’s iShares Bitcoin Trust (IBIT) saw an outflow of $292.5 million on Monday, its largest outflow in two months. There was a minor outflow on Friday last week, ending a 37-day inflow…
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Michael Saylor’s Bitcoin treasury firm has more than doubled its Bitcoin holdings since November last year — the month the US President Donald Trump won the federal election in a landslide vote. Strategy has accumulated 376,571 Bitcoin (BTC), worth $43.2 billion at current market prices, since Trump’s election victory. Before Trump’s win, it had taken…
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