Author: Cointelegraph By Tom Mitchelhill

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Bitcoin headed for breakout or breakdown? Analysts weigh in

Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode. Source link

SEC says it could challenge FTX crypto repayment plan

The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets. Source link

Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate

A solo Bitcoin miner operating as part of the Solo CK pool solved a block with just 0.012% of the average hashrate.  Source link

Elon Musk, Tesla beat Dogecoin manipulation lawsuit

A US District Court Judge dismissed the lawsuit, saying that “no reasonable investor” could rely on Musk’s Dogecoin tweets for investment decisions.  Source link

Bitcoin millionaires surge 111% in a year amid crypto rally

There are now 85,400 Bitcoin millionaires, more than double the amount from last year.  Source link

Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally

One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.   Source link

OmegaPro co-founder arrested over $4B crypto scam

Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multibillion-dollar crypto scheme.  Source link

FBI will use NFTs to contact victims of crypto fraud scheme Clucoin

The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pled guilty to using the funds to fund his online gambling habit.  Source link

Unknown crypto whale has been scooping up WBTC amid controversy

According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week. Source link

Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2

Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM. Source link