Cryptocurrency-focused asset manager and exchange-traded fund (ETF) issuer Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States. On Monday, Grayscale said it had filed to list its company shares with the Securities and Exchange Commission (SEC) under a new clause that enables confidential filings ahead of a final…
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Key takeaways: Bitcoin’s new highs above $122,000 translate to 29% year-to-date gains, overtaking gold’s 27%. BTC price uptrend remains resilient as an ascending parallel channel targets $125,000 next. Bitcoin (BTC) has staged a “relentless rally” over the last five days, hitting an all-time high above $122,000 on Monday. Bitcoin is now up around 29% year-to-date,…
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, made another major investment in the asset during the week BTC surged to new historic highs of $118,000. Strategy acquired 4,225 Bitcoin (BTC) for $472.5 million last week, the company announced in a US Securities and Exchange Commission filing on Monday. Strategy’s new Bitcoin buy…
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Tornado Cash co-founder Roman Storm is set to stand trial on Monday in the Southern District of New York (SDNY) on federal charges that could put him behind bars for more than 40 years. Prosecutors allege he conspired to launder money, violated US sanctions and operated an unlicensed money-transmitting business stemming from his role in…
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Cryptocurrency investment products experienced strong inflows during the last trading week, amid Bitcoin surging to historic highs of $118,000. Global crypto exchange-traded products (ETPs) recorded $3.7 billion of inflows for the trading week ending Friday, CoinShares reported on Monday. The fresh gains further increased crypto ETPs’ year-to-date (YTD) inflows, which surged to a new high…
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The Royal Government of Bhutan moved 99.47 Bitcoin (BTC) worth $12.05 million at the time to crypto exchange Binance through its investment arm, Druk Holding. Blockchain analytics platform Onchain Lens flagged this most recent transaction on Monday. It brings the Bhutanese government’s total transfers over the last two weeks to 650 Bitcoin, worth $74.24 million.…
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Bitcoin has become the world’s fifth-largest asset, overtaking Amazon by market capitalization. Bitcoin (BTC) price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported. These gains allowed Bitcoin to surpass a $2.4 trillion market capitalization, overtaking Amazon’s $2.3 trillion, Silver’s $2.2 trillion…
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Bitcoin (BTC) makes history as the third week of July begins above $120,000 per coin. BTC price strength shows no signs of reversing as $123,000 appears for the first time after the weekly close. July gains remain standard in percentage terms despite the giant US dollar figures. US CPI week dawns with a cloud hanging…
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Roman Storm, the co-founder of the crypto mixing service Tornado Cash, has asked for help to raise an immediate $500,000 ahead of his trial on Monday on charges of money laundering and sanctions violations. Storm posted on X on Saturday that he faces a “critical shortfall” and needs to raise $500,000 in the next few…
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Backed by prominent Bitcoin developers and firms, the long-dormant Bitcoin Improvement Proposal OP_CHECKTEMPLATEVERIFY, known as CTV or BIP-119, is now gathering steam. If finally approved, it could boost Bitcoin’s scalability, security and usability — particularly through the introduction of covenants and vaults that could improve self-custody and enable safer, smarter layer-2 applications such as Lightning…
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