Bitcoin (BTC), the world’s leading cryptocurrency, continues its bearish trend, remaining below the $68,000 mark and hitting an intraday low of $67,147. Major altcoins like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) also edged lower, with the Market Fear & Greed Index at 63 (greed). However, the decline in BTC may...

An international group of tax chiefs – J5 – has advocated financial institutions to be mindful of crypto risk-indicators, prone to illicit activities. The Joint Chiefs of Global Tax Enforcement (J5) has listed-down five risk-indicators associated with cryptocurrencies. The indicators are developed by a specialized team of cyber experts from member countries. J5 is a...

Ripple filed a new motion in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In the latest filing on May 29, Ripple dismissed claims that it suppresses the XRP price through over-the-counter (OTC) token sales. According to the filing, Ripple no longer conducts OTC XRP sales transactions. Instead, the company sells...

A popular on-chain metric suggests that the crypto bull market is still far too young for investors to consider selling their Bitcoin, according to CryptoQuant’s Thursday report. The market intelligence firm published a research quick take analyzing whether Bitcoin was nearing a “distribution zone” / market peak or if current prices were still a good...

Ethereum Founder Vitalik Buterin pinpointed the importance of cultural awareness and the rise of scams within the cryptocurrency industry on May 30. He cautioned users about the deceptive use of common terms, pointing out that some can have vastly different meanings in crypto compared to other fields. In a recent post on Farcaster, Buterin argued...

10x Research Head Researcher Markus Thielen, the analyst who predicted the pre-halving Bitcoin all-time high, cited a June CPI reading of ‘3.3% or lower’ on May 30 as critical for a new all-time high. According to Thielen’s insights in a 10x Research report, while Bitcoin price movements might “appear random,” they are actually influenced by...

The U.S. Department of Justice (DOJ) announced on May 29 an international law enforcement operation to disrupt the 911 S5 botnet, a major cybercriminal enterprise, which resulted in the arrest of YunHe Wang, a Chinese national, for his role in deploying malware and operating a proxy service used for various cybercrimes. Wang’s botnet compromised millions...

In a surprising turn of events, researchers cracked an 11-year-old crypto wallet containing $3 million in Bitcoin by exploiting a flaw in an outdated version of the RoboForm password manager. This breakthrough not only recovered a significant amount of lost Bitcoin but also raised important questions about Bitcoin price predictions and the security of long-term...

Independent candidate for U.S. president, Robert F. Kennedy Jr. spoke on stage at Consensus 2024 in Austin, Texas, on Thursday, discussing crypto regulation. “We need to make sure America remains the hub of blockchain technology. I’m going to make sure cryptocurrency is regulated in a way that protects the consumer from deceptive schemes,” said Kennedy...

The success of Bitcoin spot ETFs in the United States has come at the expense of their global competitors, despite surging demand for Bitcoin over the past few months. European Bitcoin ETFs Are Losing Money As reported by the Financial Times, spot Bitcoin ETPs in Europe have suffered net outflows worth $500 million a year...