Bitcoin price predictions are coming thick and fast after Monday’s all-time high, and one analyst is tipping Bitcoin to reach $135,000 before a significant market correction. Before this breakout, there were almost two months of consolidation, which now feels like “ancient history,” Fairlead Strategies founder and managing partner Katie Stockton told CNBC on Monday. She…
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Hungary has passed laws that could slap individuals trading crypto using an unauthorized crypto exchange with prison. Those who use a so-called “unauthorized crypto-asset exchange service” could face up to two years in prison with penalties increasing based on the value traded, according to an update to the country’s Criminal Code that came into force…
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Abacus Market, the largest Bitcoin-powered Western darknet marketplace, has gone offline in an apparent exit scam. Its website and infrastructure, including its clearnet mirror, are inaccessible, TRM Labs said in a report on Monday. The disappearance has led TRM to believe the “operators have likely conducted an exit scam, shutting down operations and disappearing with…
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New buyers entering the Bitcoin market are seen as price-agnostic and are scooping up the cryptocurrency faster than miners can supply, a likely boon for the price of Bitcoin. “Currently, the combined balance of these cohorts is expanding at a rate of approximately 19.3K BTC per month,” Bitfinex analysts said in a markets report on…
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Slow regulations, fear of missing out (FOMO) and growing adoption are powering a crypto crime “supercycle,” according to cybersecurity practitioners. Crypto crime losses hit a new record in the first half of 2025, beating the previous record set in 2022 and nearly equal to the total losses from all of 2024. Losses in the first…
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Three federal agencies of the United States government outlined the risks facing banks if they decide to custody crypto on behalf of their clients, according to a document published jointly by the agencies on Monday. While the announcement said that the document “does not create any new supervisory expectations,” it could provide a framework for…
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The US Congress kicked off what’s been labeled as “crypto week” on Capitol Hill, with Republicans pushing digital asset legislation and Democrats framing the effort as a cover for crypto “corruption.” But instead of focusing on crypto, opening arguments quickly shifted to defense spending. In a Monday meeting of the US House Committee on Rules,…
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Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Korea’s KOSDAQ. The deal, if finalized, would position SGA to acquire Bitcoin as part of a broader digital asset strategy. While Gerovich is listed as…
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Key takeaways: Institutional investor inflows are changing Bitcoin’s character, reducing its volatility and increasing accessibility for everyday investors. Spot Bitcoin ETFs now hold over $138 billion in assets, with RIAs, hedge funds, and pensions driving a growing share. Lower volatility improves Bitcoin’s chances of functioning as a medium of exchange, not just digital gold. Bitcoin…
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Cryptocurrency exchange Coinbase has filed for injunctive relief in the US state of Oregon related to claims that its officials “flip-flopped on digital assets behind closed doors.” In a case filed Thursday in the Marion County Circuit Court, Coinbase’s lawsuit named Oregon Governor Tina Kotek in her official capacity. The complaint reportedly challenged how the…
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