An Italian businessman was held captive and tortured for more than two weeks in a luxury Manhattan townhouse in a horrifying attempt to extract his Bitcoin password, New York police said. The suspect, 37-year-old cryptocurrency investor John Woeltz, was arrested on Friday after the victim, a 28-year-old man, managed to escape and flagged down a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Matthew Sigel, the head of digital assets research at VanEck, has criticized the US Securities and Exchange Commission (SEC) over a delayed response on a proposal to list options trading on the firm’s Bitcoin Spot ETF.  Notably, the Commission has continued to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin traded above $111,000 to record a new all-time high (ATH) in the past week, as the crypto bull run revival continues. Although the premier cryptocurrency has experienced some retracement since then, largely fueled by the US Government’s announcement of potential new…

Bitcoin’s recent golden cross, where the 50-day EMA crossed above the 200-day EMA, has historically been seen as a bullish milestone. However, the market didn’t waste any time pulling back, and BTC has already dropped from highs around $112,000 to test trendline support just above $107,000. The sharp retracement has some traders worried, but here’s…

ISLAMABAD (Reuters) -Pakistan will allocate 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power bitcoin mining and AI data centres, its finance ministry said on Sunday. The allocation is part of Islamabad’s plans to use its surplus electricity to bitcoin mining and AI data centres. Pakistan’s energy sector is…

Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report by local news outlet 24NewsHD TV Channel. In the first…

Key points: Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood. Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run. Hyperliquid trader James Wynn goes short BTC after closing a long worth $1.25 billion. Bitcoin BTCUSD failed to…

According to Lookonchain, top trader James Wynn closed his entire long position on Sunday. The trader in question had accumulated a total of $1.25 billion worth of long positions. After closing the trades, Wynn took a massive loss of $13.4 million. Notably, the price of Bitcoin dipped by 1.3% on the Hyperliquid platform after the…

Sunday, May 25, 2025 | 2 a.m. Editor’s note: Este artículo está traducido al español. The Venetian Convention and Expo Center will host the world’s largest bitcoin conference next week. While the cryptocurrency community has gathered in Las Vegas before, this year’s event carries new political weight with the Trump administration’s prominent attendance. Vice President…

Australian Senator Gerard Rennick has drawn criticism from the Bitcoin community following his remarks referring to Bitcoin as a Ponzi scheme and questioning the asset’s value because it can’t be eaten. “You can’t eat Bitcoin,” Rennick said in a May 23 X post, responding to an X user who questioned his stance after Bitcoin hit…