Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly…
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A Belgian court has sentenced three people for their roles in a cryptocurrency-related kidnapping targeting the wife of local crypto entrepreneur Stéphane Winkel. The Brussels Criminal Court handed down 12-year prison sentences to three kidnappers who attacked Winkel’s wife in December 2024, local news agency La Dernière Heure reported on Thursday. The criminals were convicted…
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Another solo Bitcoin miner has just hit the jackpot, mining an entire Bitcoin block with a relatively low-powered rig and netting themselves just under $350,000 in Bitcoin. Bitcoin historian Pete Rizzo said the solo miner “beat incredible odds” on Thursday to mine an entire block. The administrator of the Bitcoin mining pool CKpool, where the…
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Bitcoin may only have a few months of price expansion left in the cycle, especially if it follows the same historical pattern from 2020, a crypto analyst warns. “We have a very small sliver of time and price expansion left,” crypto analyst Rekt Capital said in a video on Thursday, basing his forecast on how…
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US Republican House leaders have pledged to consider three key crypto bills starting in mid-July as part of a regulatory “Crypto Week.” House Finance Committee Chair French Hill, House Agriculture Committee Chair Glenn Thompson and Speaker Mike Johnson said on Thursday that they’d use the week of July 14 to 18 to look over a…
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Bitcoin needs to keep its momentum as it approaches its all-time high, as a drop back to $108,000 could trigger a bearish downtrend, according to a trader. “You don’t want to see this deviate back below $108K again at this point,” crypto analyst Daan Crypto Trades said on Thursday, adding that Bitcoin (BTC) is “attempting…
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Several Bitcoin mining firms reported lowered BTC production in June, mainly due to power curtailment in Texas. Riot Platforms produced 450 Bitcoin (BTC) in the month, a 12% decline from May, when the firm mined 514 BTC, it stated in an announcement on Thursday. Riot CEO Jason Les said the firm’s power strategy includes “economic…
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Authorities in the United Arab Emirates (UAE) have reportedly taken Ildar Ilham, the founder of the decentralized finance protocol WhiteRock Finance, into custody as part of allegations over a $30-million scam through ZKasino. According to a Thursday X post from crypto sleuth ZachXBT, UAE authorities arrested Ilham in connection with an investigation into “wide-scale fraud”…
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Key takeaways: Bitcoin shows bearish divergences on multiple time frames, signaling weak bullish momentum and a potential pullback. Some traders anticipate a rally above $112,000, but increasing sell pressure and liquidity sweeps suggest the breakouts are traps. Bitcoin (BTC) price rallied to $110,500 on Thursday, but the cryptocurrency is encountering a ceiling as multiple bearish…
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Roman Storm, one of the co-founders and developers behind the cryptocurrency mixing service Tornado Cash, appeared in a video interview as his US criminal trial is expected to begin in less than two weeks. In an interview released Wednesday by Crypto In America, Storm said his legal team intended to address at trial the allegations…
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