The UK is moving forward with a ban on its public sector and operators of critical national infrastructure paying ransomware demands. The proposals released on Tuesday as a result of a public consultation call for a ban on ransomware payments covering all public sector bodies and critical national infrastructure such as energy, health service and…
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Bitcoin mining company Bitfarms has announced a share buyback program, authorizing the repurchase of up to 49.9 million common shares, or 10% of its public float, over the next 12 months. The Toronto Stock Exchange (TSX) approved the buyback program, and covers repurchases on both the TSX and Nasdaq, according to an announcement on Tuesday. The company’s shares…
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Key takeaways: Bitcoin’s sideways trading results from Binance taker volume turning negative, and the US and Korean BTC premium index showing weak spot demand. BTC holding above $115,000 and strong buyer absorption near this level shows bulls are committed to pushing Bitcoin price to new highs. Bitcoin (BTC) has struggled to maintain momentum after hitting…
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Key points: Bitcoin is facing selling near $120,000, but the bears have failed to pull the price below $115,000, indicating that buyers remain in command. Select major altcoins continue to charge higher, signaling the arrival of an altseason Bitcoin (BTC) continues to face selling near $120,000, but a positive sign is that the bulls have…
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Republican leaders on the US Senate Banking Committee have released their version of legislation for a digital asset market structure, suggesting they may be combining their efforts with a bill passed in the House of Representatives. In a Tuesday notice, four Republican senators, including banking committee chair Tim Scott and digital assets subcommittee chair Cynthia…
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SpaceX has moved 1,308 Bitcoin, worth approximately $153 million, in its first onchain activity in three years. The movement was flagged by Arkham Intelligence, which tracks wallets tied to the company. The Bitcoin (BTC) was withdrawn from 16 Pay-to-Public-Key-Hash (P2PKH) addresses and consolidated into a single SegWit-compatible Pay-to-Witness-Public-Key-Hash (P2WPKH) address, where it remained at time of…
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Key takeaways A crypto inheritance plan is vital because losing private keys or seed phrases can permanently make assets like Bitcoin, Ether and NFTs unrecoverable. A strong inheritance plan includes asset inventories, secure access instructions and a trusted executor, ensuring heirs can safely and legally access holdings. Privacy must be protected using encrypted files, sealed…
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The US Federal Bureau of Investigation (FBI) has reportedly ended its investigation of Kraken co-founder Jesse Powell and returned property belonging to him that was seized in a 2023 search of his home. According to a Tuesday Fortune report, the FBI had returned devices to Powell and ended its probe over allegations he had hacked…
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What is the GENIUS Act? The GENIUS Act is a United States federal law that creates a comprehensive regulatory framework for stablecoins. The Guiding and Empowering Nation’s Innovation for US Stablecoins Act, better known as the GENIUS Act, is the United States’ first federal law focused exclusively on payment stablecoins. The White House categorically states…
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Key takeaways: A Bitcoin price pullback to $115,000 is possible before continuing the uptrend. A bull pennant suggests that the BTC price could rally by 15% to new highs above $136,000. Bitcoin (BTC) price has spent most of the week pinned below $120,000, which many analysts have labelled as a key resistance zone. However, a…
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