Bitcoin briefly fell to $76,700 after the latest inflation data before rebounding towards $78,000. According to QCP Capital, this “restrained” reaction is a sign that the markets have largely absorbed the prospect of a 25 basis point rate increase. The firm explained that BTC’s technical setup remains constructive at current levels, although conviction still depends … Read more
The Justice Department’s Scam Center Strike Force, working with the Treasury Department, raided a fraudulent Chinese-language marketplace called Xinbi Guarantee and seized approximately $52 million in cryptocurrency in a single day, U.S. Attorney Jeanine Pirro announced this week. This operation brought the total that the Strike Force has retained since its inception to approximately $938 … Read more
UniCredit is considering a digital assets expansion that would add custody and brokerage of cryptocurrencies, and has begun selecting a technology provider to hold the assets and manage customer transactions, Bloomberg reported, citing people familiar with the matter. According to the reportdiscussions are early and no final decision has been made. Areas under investigation include … Read more
ETH is seeing another period of relative strength, trading up 7% this morning above $2,600, and still sitting around +4% on the day at the time of writing. During this period, ETH has outperformed stable BTC (+0.33%) and hotter majors like SOL, HYPE, and ZEC (all of which are around +2% in the last 24 … Read more
Vitalik Introduces EIP-8288 as Ethereum’s Next Big Crypto Unlock | Without a bank A new mempool design could make quantum-secure signatures and private transactions very cheap on Ethereum. Today, Vitalik Buterin presented the arguments in favor EIP-8288a proposed feature film that he co-wrote and which he hopes to land in “I-star”, i.e. “the fork after … Read more
Malone Lam, a Singapore citizen and recent Miami resident, pleaded guilty in Washington, D.C., to participating in an international cybercrime conspiracy that stole and laundered more than $245 million in cryptocurrency. Attorney Jeanine Ferris Pirro announced the plea after Lam appeared before U.S. District Judge Colleen Kollar-Kotelly. $245 million crypto theft According to the official … Read more