A closely followed crypto analyst says that Bitcoin’s (BTC) latest upswing to a new all-time high has confirmed its breakout. In a new strategy session, crypto trader Kevin Svenson tells his 83,200 YouTube subscribers that the top crypto asset by market cap’s latest upward shift confirms that it’s going to continue climbing until the end…
A US man operating what prosecutors called a “no questions asked” cash-to-Bitcoin conversion service has been sentenced to six years behind bars and was ordered to hand over millions of dollars. Boston federal court Judge Richard Stearns sentenced Trung Nguyen, from Danvers, Massachusetts, to six years in prison followed by three years of supervised release,…
A Danvers man was sentenced Thursday to six years in federal prison for laundering more than $1 million through an unlicensed cash-to-Bitcoin exchange service, including money linked to scams and drug dealing, prosecutors said. Trung Nguyen, 48, known by the crypto ID of “DCS420,” was also sentenced in US District Court in Boston to three…
After suffering for several weeks amid tariff-related uncertainty, Bitcoin gained solid momentum this month. The world’s largest cryptocurrency soared to a new all-time high, topping $111,000 as renewed institutional enthusiasm and regulatory optimism continue to drive demand for the cryptocurrency. With the latest surge, the world’s largest cryptocurrency has climbed 17.5% so far in 2025…
On May 22, leading U.S.-based crypto exchange Coinbase received large transfers involving a total of 6,016 BTC from multiple unknown whales, according to recent data from on-chain tracking platform Whale Alert. According to the data source, the massive Bitcoin transfers, worth more than $670 million, were executed consecutively in 13 separate, identical transactions. The 13…
Yesterday, Bitcoin (BTC) made a fresh all-time high (ATH) of $111,880 on Binance crypto exchange following months of downward action during the first quarter of the year. The leading cryptocurrency has rebounded over 45% from its April 6 low of approximately $76,000, and recent whale behavior suggests that long-term holders see further upside potential. Bitcoin…
Bitcoin and altcoins continued soaring on Thursday, even as the US stock market downturn continued. Bitcoin (BTC) jumped to a record high of $111,860, while the market cap of all cryptocurrencies jumped to $3.5 trillion. In contrast, the Dow opened lower by around 100 points, adding to Wednesday’s 816 point drop. Bitcoin and altcoins are…
Bitcoin’s price action in the past 24 hours has been nothing short of remarkable. After consolidating for several days in a tightening range, the market broke past the $105,503 support-turned-resistance zone earlier in the week and kicked off a steep climb in the past trading day. This has allowed Bitcoin to push into new all-time…
Giuseppe Cacace / AFP via Getty Images Bitcoin rose to a new record high early Thursday, May 22, 2025. Bitcoin hit a new record high of more than $111,800 around midnight ET Thursday, lifting shares of cryptocurrency-related firms. The digital asset hit the $110,000 mark for the first time Wednesday. The rally comes as the…
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