A former officer of the National Crime Agency has been sentenced to prison for stealing 50 Bitcoin — now worth $5.9 million — seized from the co-founder of the defunct online black market Silk Road 2.0. The Crown Prosecution Service said on Wednesday that Paul Chowles, an ex-operational officer with the National Crime Agency who…
Read more
Publicly traded Bitcoin solutions firm Matador Technologies says it is planning to buy up to 6,000 Bitcoin by 2027, in a significant acceleration of its Bitcoin buying strategy. The Canadian blockchain and Bitcoin technology firm announced on Wednesday that it has an interim objective of buying 1,000 Bitcoin (BTC) on or before 2026 and plans…
Read more
Coinbase has climbed to rank 137 in the US Apple App Store in a sign that often heralds retail interest in crypto. However, the crypto industry is still divided on whether retail investors have truly returned. Sensor Tower data shows that Coinbase has jumped 65% in the US Apple App Store rankings over the past…
Read more
A giant Satoshi-era Bitcoin whale that was earlier reported to hold 80,000 Bitcoin has just shifted the second half of its stack to a new wallet, days after sending billions in Bitcoin to Galaxy Digital. Blockchain analytics service Lookonchain said in an X post on Thursday that the whale shifted 40,192 Bitcoin (BTC) worth, $4.77…
Read more
House Republican leaders have cut a deal to move forward with three crypto bills that were stuck in a record-long procedural vote after Republican hardliners refused to back down on central bank digital currencies. A vote to set up floor debate on the bills was open for over nine hours — the longest in the…
Read more
While countries like the United States explore crypto as a new campaign fundraising tool, ministers in United Kingdom are sounding the alarm, with one calling for a ban on crypto donations over concerns about traceability and foreign interference. On Tuesday, Pat McFadden, a Cabinet Office minister, said he thought there was a case to be…
Read more
Key takeaways: Bitcoin formed a bearish engulfing candle, indicating potential short-term exhaustion. The Miners’ Position Index surged to its highest level since November 2024, and profit-taking hit record highs. Despite panic selling, over 196,600 BTC was accumulated in the $116,000–$118,000 range, reinforcing traders’ bullish long-term sentiment. Bitcoin (BTC) printed its first notable bearish signal on…
Read more
US Democratic lawmakers characterized crypto as an outright “scam” in a Wednesday press conference, pushing for the development and rollout of a central bank digital currency (CBDC). Representative Maxine Waters called the CBDC Anti-Surveillance State Act, a bill that would prohibit the creation of a government-controlled digital dollar, the “anti-innovation act.” The anti-CBDC bill and the…
Read more
US attorneys prosecuting Tornado Cash co-founder and developer Roman Storm are asking a judge to block certain testimony after opening statements on Tuesday suggested that defense lawyers plan to question witnesses on crypto-related cases involving kidnapping and torture. In a Wednesday filing, interim New York Attorney and former Securities and Exchange Commission Chair Jay Clayton…
Read more
Early Bitcoin investor and advocate Roger Ver, also known as “Bitcoin Jesus,” filed a lawsuit against Spain seeking to block his extradition to the United States, where he faces a tax evasion case. The lawsuit, filed at the European Court of Human Rights, argues that the extradition violates Ver’s human rights, according to Bloomberg Law.…
Read more