Chinese fraud victims lose key court battle over 61,000 Bitcoin
Chinese fraud victims seeking to recover 61,000 seized Bitcoin face a legal setback after a UK court ruled that Chinese law governs their claims.…
Bitcoin whale that sat through the March 2020 crash moves $378 million
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions onchain. Source:CoinDesk
Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s…
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major…
Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices. Source:Cointelegraph
Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets
The discovery of an unauthorized Ledger hardware implant reignited debate on whether Bitcoin ETFs are safer than selfcustodying Bitcoin via hardware wallet…
Strategy adds 250 Bitcoin as holdings reach 848,250 BTC
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve.…
Bitcoin holds $83,000 as dollar strength keeps markets on edge
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.…
BTC price support holds ahead of US CPI data: Three things Bitcoin traders need to know this week
Bitcoin traders braced for inflationbased volatility after BTC price action preserved key weekly support around $82,500. Source:Cointelegraph
South Korea just got its first traditional bank loans backed by bitcoin
Loans use thirdparty custodians for bitcoin holdings and rely on courtordered sales if borrowers default. Source:CoinDesk
SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
SWI Group said it would use the proceeds from an 800 millioneuro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX…
Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week. Source:CoinDesk