South Korean prosecutors recovered 320.8 BTC, worth roughly US$21.4 million, that was stolen from government custody after investigators inadvertently entered recovery seeds into a phishing site. The hacker returned the funds voluntarily after prosecutors blocked linked exchange accounts, making it nearly impossible for the attacker to liquidate the stolen assets. The recovery follows reports of […]
Goldman Sachs CEO, David Solomon, has revealed for the first time he personally owns Bitcoin, saying he owns “very little” of the OG cryptocurrency. Solomon’s comments came during his appearance at the World Liberty Forum 2026, an event focussed on the Trump family-owned DeFi project World Liberty Financial at Mar-a-Lago on Wednesday. Solomon also said […]
Bitcoin fell below US$66,000 following hawkish Federal Reserve minutes, marking its longest weekly losing streak since the 2022 bear market. A rising US dollar and potential rate hike discussions shifted risk sentiment, causing reversals in crypto-related equities like Coinbase and Strategy. The Crypto Fear and Greed Index hit a record low of 5 as Michael […]
Large institutions are integrating stablecoin rails into payment infrastructure, accelerating adoption without requiring retail education. Significant cost reductions compared with traditional fiat systems are driving corporate migration to blockchain-based settlement. Bitcoin is framed as the decentralised monetary base, while stablecoins serve as a transitional tool during market maturation. Mainstream cryptocurrency adoption is more likely to […]
Crypto products faced US$173 million in weekly outflows, marking a month-long downturn that dropped total assets under management to US$133 billion. Bitcoin and Ethereum led the declines with US$218 million in combined withdrawals, while XRP and Solana products bucked the trend with US$64 million in inflows. Traders are focused on US$60,000 as a key support […]
Bitcoin is hovering near the US$60,000 psychological level, where approximately US$1.24 billion in “put” options are clustered, creating a potential trigger for market volatility. Analysts warn that dropping below this zone could force lenders to automatically sell collateral from Bitcoin-backed loans, potentially causing a “deleveraging” wave toward the US$40,000 range. Following a 47% decline from […]
ByteFederal Australia is launching ByteConnect, a national Bitcoin payment terminal and online gateway specifically designed for retail and hospitality merchants. The rollout is regulated under ASIC’s Enhanced Regulatory Sandbox, ensuring the service operates within a legal and compliant framework for digital assets. The platform uses the Lightning Network to enable near-instant settlements and low transaction […]
Michael Saylor remains committed to Bitcoin by purchasing 1,142 more coins despite MicroStrategy facing over US$5 billion in unrealised losses. The company holds over 714,000 BTC and faces a 66% drop in share price as Bitcoin trades significantly lower than its recent peak. Saylor dismisses forced-selling concerns by citing years of debt coverage and a […]
Cango sold 4,451 BTC for $305 million to repay debt, leaving it with 7,474 BTC in reserve as the stock continues to trade below $1.00. The company appointed former Zoom executive Jack Jin as CTO to lead its pivot into AI “inference” computing using its existing mining infrastructure. Despite the shift, Cango remains active in […]
Bitcoin recovered to $70,800 after a brief dip to $68,000, fueling a rally in crypto stocks led by Bullish and Strategy. Bernstein analysts characterised the pullback as the “weakest bear case” in history due to the lack of structural failures or systemic blowups. Mining difficulty saw an 11.2% drop due to high costs, and miners […]