Firoz Patel, Payza’s founder, received 41 more months in prison for concealing 450 BTC (over $43 million) from authorities after his 2020 money laundering conviction14. He tried using Binance and Blockchain.com to hide the funds.
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Category: Bitcoin
MicroStrategy Renames to Strategy with Bitcoin Logo, Reports Q4’s Largest BTC Acquisition
Strategy reported its Q4 2024 financial results with a net loss of $670.8 million incurred it stacked an additional 218,887 BTC.
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Elite Investor Group Tiger21 Holds Crypto Portfolio Value of $6 Billion
Members of the elite club Tiger21 have invested around $6 billion, or 1%-3% of their wealth, in cryptocurrencies.
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President Trump’s Son Says It’s Time to Buy Bitcoin – Is BTC About to Go Parabolic?
Bitcoin surges to $98,710 after Eric Trump’s endorsement. Will BTC break $100K? Expert forecasts, technical analysis, and key price levels inside.
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Michael Saylor Teases “Big Strategy Day,” Crypto Community Reacts
Michael Saylor’s cryptic social media post has ignited speculation following MicroStrategy’s pause in Bitcoin acquisitions. With potential shifts in corporate strategy and regulatory engagement, investors are closely watching his next move.
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Ohio Lawmaker Proposes Second Bill to Establish State Bitcoin Reserve
An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in cryptocurrency adoption.
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Semler Scientific Buys $88M in Bitcoin, Reports 150% Paper Gain
Healthcare technology firm Semler Scientific has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million over the past few weeks.
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Bitcoin Briefly Surges Above $102,500, Ethereum Hits $2,900 Amid Tariff Policy Delay
Cryptocurrency markets rebounded sharply on Monday as fears of an intensified U.S.-Mexico trade war eased following a diplomatic resolution.
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Bitcoin Miners Consider Hashrate Derivatives as BTC Price Rises
Bitcoin mining operations are increasingly adopting hashrate derivatives to hedge against revenue volatility. Industry leaders explain how these financial products provide liquidity, secure cash flows, and reshape mining economics. Experts discuss challenges and future implications for Bitcoin’s network and market.
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US Spot Bitcoin ETFs See $5B Inflows in January, Could Surpass $50B in 2024: Bitwise CIO
US spot Bitcoin ETFs saw inflows totaling nearly $5 billion in January, a strong start that could push them toward $50 billion or more by the end of the year, according to Bitwise CIO Matt Hougan.
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