Authorities in Shenzhen, China, warned citizens about illegal fundraising schemes disguised as stablecoin and cryptocurrency investments. Shenzhen’s city government task force for combating illicit financial activity issued an alert on Monday, urging the public to be cautious of unlicensed entities promoting digital asset investments. Officials said the groups exploit the public’s limited knowledge of stablecoins…
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Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, reported $14 billion in unrealized gains on its holdings in the second quarter of 2025. The company recorded an unrealized gain on its digital asset holdings of $14.05 billion, along with a deferred tax expense of $4.04 billion, according to a filing with the US…
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Japan’s top corporate Bitcoin treasury company, Metaplanet, has acquired another 2,204 Bitcoin for $237 million. In a filing on Monday, the company said it acquired an additional 2,204 Bitcoin (BTC) at an average price of 15,640,253 Japanese yen per Bitcoin (about $107,700). This brings Metaplanet’s total holdings to 15,555 BTC at an average purchase price…
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Key takeaways: Bitcoin’s Bollinger Bands indicator now sees the potential for BTC price breakout above $110,000. Bitcoin eyes new all-time highs in July due to multiple tailwinds. Bitcoin (BTC) could see further upside volatility as BTC’s price holds key levels, according to a classic technical analysis metric. Bollinger Bands: BTC price nears breakout In a…
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Cryptocurrency investment products clocked another week of inflows last week, even as volatility persisted across major digital assets, including Bitcoin and Ether. Global crypto exchange-traded products (ETPs) recorded $1.03 billion of inflows for the trading week ended Friday, CoinShares reported on Monday. With the fresh inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting…
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Bitcoin (BTC) is inches away from all-time highs after it seals another record weekly close. Bitcoin traders are eyeing both a return to price discovery and a “false move” to take liquidity at $105,000. The weekly close sealed July as a month for the record books, with “final resistance” now next on bulls’ to-do list.…
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Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin. “Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin. Source: Elon Musk Musk’s crypto ties Elon Musk is no stranger to…
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The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5 million British pounds ($2 million) by cold-calling victims. The Financial Conduct Authority said on Friday that a central London court handed the scheme’s operators, Raymondip Bedi and Patrick…
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Russia’s energy ministry has launched a national registry of crypto mining rigs to weed out miners that dodge tax payments and illegal setups that steal power from the grid. State-run newspaper RIA Novosti said in a report on Friday that the Russian Ministry of Energy, the Federal Tax Service and the Ministry of Digital Development…
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Bitcoin could set a new record high as early as this week, with all eyes trained on the United States’ trade tariff deadline on Wednesday, which could unlock risk appetite, along with an upcoming “Crypto Week” in the country’s capital. “Bitcoin is likely to set a new all-time high this week or next,” the head…
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