The founder of a cryptocurrency exchange whose namesake was tied to Anti-Money Laundering (AML) was found guilty of wire fraud and money laundering in a California court. In a March 12 trial in the US District Court for the Northern District of California, a jury found AML Bitcoin creator Rowland Marcus Andrade guilty of two…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The continued bearish performance of the broader crypto market has significantly reduced the likelihood of an Altcoin Season happening in the current cycle, with the majority of alts declining sharply. Despite the magnitude of the decline in the alt market, analysts still…
Binance CEO Richard Teng says that he is long-term bullish on Bitcoin (BTC) and other digital assets despite ongoing market turbulence. In a new interview with CNBC, Teng says that America’s embrace of digital assets under US President Donald Trump, including the launch of a strategic Bitcoin reserve, is a massive bullish catalyst for the…
20h05 ▪ 6 min read ▪ by Nicolas T. It is not to please the cypherpunks that the United States is preparing to accumulate millions of bitcoins. The goal is to lighten the burden of debt. Bitcoin and American debt The fact that the American superpower embraced bitcoin first is not trivial. Many have dismissed…
Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days. Currently standing at $5.7 billion, this bullish leveraged positioning signals confidence in…
The U.S. Treasury Department held meetings this week with top executives from three crypto custody firms to discuss safeguarding the country’s Strategic Bitcoin Reserve, sources familiar with the matter told Decrypt. Anchorage Digital was one such custodian that met with Treasury Department officials on Monday, according to multiple sources with direct knowledge of the matter. …
Over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs) in March, but investors stopped the bleeding by bringing in $13.3 million on March 12 as the BTC market price inched closer to $85,000. As of March 12, spot Bitcoin ETFs had attracted $35.4 million worth of inflows spread across two days, according…
At least half a dozen Trump cabinet members hold Bitcoin investments with a combined total worth reaching millions, according to the latest financial disclosures. At least six out of the 22 members of President Donald Trump’s cabinet members hold Bitcoin (BTC) assets in crypto wallets or indirect holdings through investment vehicles such as crypto-backed exchange-traded…
Bitcoin (BTC) staking platform Solv has raised $10 million for its Bitcoin Reserve Offering (BRO) as it aims to build a $100 million BTC reserve. BRO merges aspects of traditional convertible bonds with crypto-native features to drive institutional adoption of BTC finance, according to an emailed announcement shared with CoinDesk on Thursday. Solv is attempting…
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has steadied over the past two days, with bitcoin briefly topping the 200-day simply moving average at $84,000 early today. Wednesday’s softer-than-expected U.S. CPI release aided the sentiment by validating traders’ pricing of four interest-rate cuts by the Federal Reserve this year. The…