Bitcoin price drop to $114K possible as BTC whales take profits
Bitcoin is at risk of a deeper correction to fill the CME futures gap down to $114,000, fueled by profit-taking from whales.
Arcadia Finance exploited, $2.5M stolen and converted to WETH
Arcadia Finance’s Rebalancer contract was exploited for $2.5 million in USDC and USDS on the Base blockchain, with stolen assets swapped to WETH.
Standard Chartered launches Bitcoin and Ether trading for institutions
After rolling out Bitcoin and Ether spot trading, Standard Chartered plans to soon introduce crypto derivatives for institutional investors.
Ethereum investors pile into ETH amid massive weekly surge
Ethereum treasury companies accumulated more than 545,000 ETH over the past month, while institutional funds saw the fourth-highest weekly inflow on record.
LA sheriff deputies admit to helping crypto ‘Godfather’ extort victims
The Justice Department says two LA Sheriff deputies admitted to helping extort victims, including for a local crypto mogul, while working their private security side hustles.
Bitcoin could rally to $135K before ‘corrective phase’ — Analyst
Fairlead Strategies founder and managing partner Katie Stockton says Bitcoin should reach $135,000 as an “intermediate-term objective.”
Bitcoin-fueled darknet marketplace vanishes in possible exit scam
Abacus commanded around 70% of the market share across all Bitcoin-enabled Western darknet marketplaces in 2024.
Unauthorized crypto trading now carries 2 years of prison in Hungary
Hungary has updated its Criminal Code, imposing potential prison sentences for those using or running unauthorized crypto exchanges.
Even retail demand is now outpacing Bitcoin supply: Bitfinex
Bitfinex analysts say this level of accumulation “supports the broader bullish narrative that new buyers entering the Bitcoin market are price-agnostic buyers.”
FOMO, lax rules are fueling the crypto crime supercycle
Retired DEA agent Bill Callahan tells Cointelegraph that bad actors can make plenty of mistakes and still “make a handsome profit.”