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The Lazarus Group, a hacking group closely associated with North Korean, holds more bitcoin (BTC) than Tesla (TSLA), the electric car manufacturer led by Elon Musk, according to data from Arkham Intelligence. At press time, Lazarus held 13,441 BTC worth $1.14 billion, according to data source Arkham Intelligence. That’s 16% more than Tesla’s bitcoin stash…
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Japanese Corporation Metaplanet has announced the appointment of Eric Trump, son of US President Donald Trump, as the inaugural member of its newly established Strategic Board of Advisors. The announcement made on March 21 highlights Metaplanet’s strategic intent to strengthen its influence within the global Bitcoin economy. According to the official statement, Eric Trump’s appointment…
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The Securities and Exchange Commission clarified its position on cryptocurrency mining activities Thursday, asserting that they do not fall under federal securities laws. What Happened: The SEC’s Division of Corporation Finance stated that proof-of-work mining activities, which involve using computational resources to validate blockchain transactions and getting rewarded, do not involve the offer and sale of…
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Japanese bitcoin investment company Metaplanet 3350 said on Friday it had named Eric F. Trump to a newly formed strategic board of advisors. The board is comprised of members committed to furthering the bitcoin BTCUSD mission and advancing financial innovation, the company said in a release. Trump, son of U.S. President Donald Trump, is a…
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Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in…
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Bitcoin was once considered the dominant currency in illicit transactions. However, it is now being replaced by privacy-focused cryptocurrencies like Monero (XMR), Zcash (ZEC), Dash, and stablecoins. The primary reason for Bitcoin’s decline in illegal activities is its transparency. Reasons for the Shift from Bitcoin to Privacy Coins Bitcoin (BTC) once dominated illicit activities on…
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Bitcoin’s price has been regaining momentum after a recent weeks of decline, climbing back above $85,000. This marks a 2.7% increase in the past week, slowly recovering from previous losses. While the broader market remains cautious, investors appear to now be closely monitoring whether BTC can sustain its upward trend or if further corrections are…
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Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in…
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NASDAQ-listed biopharmaceutical firm Atai Life Sciences says cryptocurrencies like Bitcoin could be key to survival for biotech startups as they wade through years of regulatory approvals. Atai, which is developing mental health treatments using psychedelics like DMT and MDMA, has become the latest public company to announce plans to buy Bitcoin. It plans to buy…
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Bitcoin price hovers around $84,500 on Friday after recovering nearly 3% so far this week. Ethereum price finds support around the $1,861 level, suggesting a recovery on the cards. XRP breaks and retests its support level around the 50-day EMA at $2.43, suggesting a bounce ahead. Bitcoin (BTC) price hovers around $84,500 on Friday after…