How did the police officer end up becoming a thief? In a major breach of trust within UK law enforcement, Paul Chowles, a National Crime Agency (NCA) officer, stole 50 Bitcoin (BTC) from a seized wallet connected to Thomas White, an operator of Silk Road 2.0. The theft occurred in 2017 when the cryptocurrency was…
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Key points: Sellers pulled the price below $115,000, but are struggling to sustain the lower levels. Several altcoins have pulled down toward their respective support levels, which are likely to hold. Bitcoin (BTC) dipped below the $115,000 support on Friday, but the downside could be limited. Bitcoin Treasury Companies have been on a buying spree,…
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Key takeaways: Bitcoin hinges on $115,000 support, risking a drop toward $104,000. Weekly RSI divergence points to a deeper correction. Rising NUPL signals increased profit-taking, hinting $123,000 was the local top. Bitcoin (BTC) is down on Friday, dropping below $115,000 for the first time since July 25. The inability to crack the resistance at $120,000…
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Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Evidence of dip-buying emerges on major exchange Bitfinex. Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a comeback…
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The United Kingdom’s Financial Conduct Authority (FCA) has lifted the ban on retail access to cryptocurrency exchange-traded notes (cETNs). Companies in the UK will soon be able to offer retail consumers cETNs, with regulatory changes effective from Oct. 8, 2025, according to an official FCA announcement on Friday. The new development in the UK’s regulatory…
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The recent US passage of the GENIUS Act marked a significant turning point for stablecoins, setting a regulatory precedent that may shape digital finance globally. Fabian Dori, chief investment officer at Sygnum Bank, joined the latest episode of Cointelegraph’s Byte-Sized Insight podcast, detailing how the act will influence stablecoin adoption, institutional engagement and international regulatory…
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The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the global reserve currency. With stablecoins now gaining traction in global finance, the GENIUS Act could also prove a boon for the developing…
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Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a new stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that it will issue perpetual preferred shares to fund its goal of acquiring 210,000 Bitcoin (BTC) by the end of…
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Venture capital firm Andreessen Horowitz (a16z) is calling on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections. In a Thursday open letter to the US Senate Banking Committee, the investment firm suggests that the regulators should close loopholes in the draft…
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Billionaire investor Ray Dalio has said his final goodbye to Bridgewater Associates, a hedge fund giant he founded 50 years ago. Dalio has sold his last remaining stake in Bridgewater and stepped off its board, The Wall Street Journal reported on Thursday. After buying Dalio’s shares, Bridgewater reportedly issued new shares to the sovereign wealth…
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