Key points: Bitcoin realized profits for long-term holders remain comparatively lower than during 2024. Research calculates that to match those levels, BTC/USD needs to reach $140,000. Price action is attempting to break out of a multiweek downtrend as consolidation continues. Bitcoin (BTC) must hit $140,000 before OG investors enjoy the kind of profits seen earlier…
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A US bankruptcy judge ruled that Celsius Network’s multibillion-dollar lawsuit against Tether can proceed, denying in part Tether’s attempt to dismiss claims that it “improperly” liquidated Celsius’s Bitcoin collateral during the crypto lender’s collapse. According to court documents filed in New York on Monday, Celsius alleges that Tether (USDT) executed a “fire sale” of over…
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Binance CEO Richard Teng said cryptocurrency and digital asset technology can support the Kingdom of Bhutan’s unique development philosophy, known as Gross National Happiness (GNH), during a visit to the Himalayan kingdom. During a media roundtable at the Binance Crypto-Powered Tour in Bhutan, Cointelegraph asked Teng how crypto culture aligns or conflicts with the country’s…
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Design software company Figma revealed in a regulatory filing that it owns nearly $70 million worth of shares in Bitcoin exchange-traded funds and has set aside $30 million in stablecoins to buy Bitcoin. Figma filed with the Securities and Exchange Commission on Tuesday to go public on the New York Stock Exchange under the ticker…
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Bitcoiners are showing increasing patience on the sell side, with new data showing a declining number of investors cashing out in anticipation of Bitcoin going higher. “Following a recovery to $107k, a super-majority of Bitcoin investors are now holding unrealized profits,” Glassnode said in a report on Tuesday. It added the trend follows Bitcoin (BTC)…
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Losses to crypto hacks, exploits and scams spiked to $2.47 billion in the first half of 2025, but the second quarter saw a decline in the total number of hacks, says blockchain security firm CertiK. Over $800 million was lost across 144 incidents in Q2, a 52% decrease in value lost compared to the previous…
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The governor of Arizona has rejected a bill that would have seen the US state hold on to seized crypto assets in a fund. Arizona Governor Katie Hobbs vetoed House Bill 2324 on Tuesday, stating in a letter that it “disincentivizes local enforcement from working with the state on digital asset forfeiture by removing seized…
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Crypto market sentiment has held steady despite Bitcoin tumbling almost 2% over the past day to change hands close to the $105,000 price level. The sentiment-tracking Crypto Fear & Greed Index posted a “Greed” score of 63 out of 100 on Wednesday, slipping one point from Tuesday, as Bitcoin (BTC) pulled back 1.79% in a…
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New York Attorney General Letitia James has urged Congress to strengthen pending stablecoin and crypto legislation, saying the current versions of the bills don’t protect investors. James said in a letter addressed to Congress on Tuesday that the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act and the Guiding and Establishing National…
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The US Treasury has sanctioned the Russia-based Aeza Group, along with its top brass and a crypto wallet connected to the service, for allegedly hosting ransomware and info-stealers. Aeza Group, a bulletproof hosting (BPH) services provider, allegedly sells access to specialized servers and other computer infrastructure to help cyber criminals conduct ransomware campaigns and steal…
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