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Bitcoin price shrugs off potential new $450M Galaxy Digital BTC sale

Bitcoin seemed unfazed at new transactions from Galaxy Digital, with “most” of the BTC ending up in exchange accounts. Bitcoin returns to $119,000 after a CME gap fill as new Galaxy Digital exchange transactions fail to sway the market mood. Nerves over “OG” BTC sales seem to have passed after last week’s 80,000 BTC transaction. […]

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US seizes 145 domains, crypto linked to BidenCash dark web market

US authorities seized 145 domains and crypto linked to BidenCash, a dark web market accused of selling millions of stolen credit cards. US authorities seized 145 domains and an undisclosed amount of cryptocurrency tied to BidenCash, a dark web marketplace accused of trafficking millions of stolen credit cards and personal data. The action, announced on […]

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US wants $7.7M in crypto laundered in North Korea IT worker plot

The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea. The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds […]

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UK FCA proposes lifting ban on crypto ETNs for retail investors

The UK’s Financial Conduct Authority has proposed lifting its retail ban on crypto exchange-traded notes (ETNs), signaling a shift toward broader crypto market access. The United Kingdom’s Financial Conduct Authority (FCA) has proposed lifting its ban on offering exchange-traded notes (ETNs) to retail investors. In a June 6 announcement shared with Cointelegraph, the FCA said […]

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Warren Buffett exits crypto-friendly Nubank holdings, netting $250M profit

The “Oracle of Omaha” also exited Citigroup and slashed Berkshire’s Bank of America holdings, offloading more than $2.1 billion in financial stocks. Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank. The decision to divest didn’t appear to be performance-based; Nu Holdings posted record profits in 2024 and Q1 2025. […]

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Institutional investors continue to scoop up Bitcoin above $100K

Bitcoin surged past $100,000 on May 8 as institutional investors ramped up ETF inflows, with ARK 21Shares, Fidelity and BlackRock leading the charge. Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats. Farside Investors’ data shows that spot Bitcoin BTC $103,918 exchange-traded funds (ETFs) recorded cumulative net inflows of […]

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Bitcoin price fell 3% on hot US personal consumption expenditures data

Bitcoin faces renewed inflation pressure as US PCE data beats expectations — can BTC price action maintain crucial support to avoid another trip to multimonth lows? Bitcoin BTC $84,590 sought a local bottom on March 28 while US inflation data came in higher than expected. Bitcoin wobbles as PCE comes in hot Data from Cointelegraph […]

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Illegal crypto ads prevail in UK despite FCA warning

Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down. Illegal crypto ads continue to appear in the United Kingdom despite its financial regulator asking crypto projects to remove their advertisements targeting the country. According to a Financial Times report, 54% of the […]