Illegal miners in the Russian Bitcoin mining hotspot of Ingushetia stole some $4.3 million worth of electricity in the first half of 2025, the state-controlled power firm Rosseti claims.
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Category: Cryptocurrencies
Trump Backs $23B Bitcoin Plan as BTC Dips Below $116K: Is $110K Next?
Trump reaffirms $23B Bitcoin reserve strategy as BTC breaks triangle support. SEC reforms, whale moves, and bearish signals shape Q3 crypto outlook.
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$ENA Leaps 18% as Arthur Hayes Adds Millions – Can Bulls Breach the $0.68 Wall?
$ENA has surged 18% in the past 24 hours after Anchorage and Aave deals injected fresh capital, lifting TVL to $8.6 billion and sparking heavy whale buys. However footprint data have shown sellers defending $0.68, with almost $4 million longs liquidated, raising pullback risk toward $0.62.
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Conflux (CFX) Surges 7% Amid Breakout Rally and Major Upgrades
Conflux (CFX) has rebounded 7% following a sharp 27% sell-off, as traders attempt to hold the $0.20 floor while on-chain data show new adoption highs for China’s government approved Layer-1. Analysts caution that fading volume near $0.2338 and soft RSI readings suggest the bounce may lack strength.
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Cardano Price Prediction: Whale Money Moves Out of Ethereum and Into ADA – $10 Target?
While Ethereum has been the institution-driven bull market leader so far, a shift in capital among its largest holders suggests Cardano could be their next pick.
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Seoul Watchdogs Sound Alarm on Upbit, Bithumb Crypto Lending Products
Seoul’s FSC and FSS have met executives from South Korea’s top exchanges after Upbit and Bithumb launched crypto margin lending with 4:1 leverage. Officials have flagged potential Lending Act violations and urged voluntary guidelines as Upbit halts Tether loans and Bithumb revises its service.
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Profit-Taking Peaks Again – Is the Next Crypto Rally About to Begin?
CryptoQuant has reported that Bitcoin’s third profit-taking wave since March 2024—driven by ETF approvals, a post-election crypto rally, and July’s whale sale—has slowed gains. Familiar on-chain signs point to a consolidation phase that often precedes fresh highs.
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Kraken Revenue Rises to $411.6 Million in Q2, Up 18% from Last Year
Crypto exchange Kraken reported $411.6 million in revenue for the second quarter, marking an 18% year-on-year increase.
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10 Million People Globally Targeted by Fake Crypto App Ads, Check Point Warns
A global malware campaign has exposed more than 10 million people to deceptive crypto app ads, according to a new report from cybersecurity firm Check Point.
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Crypto Investment Entity Ether Machine Scoops 15,000 ETH, Surpasses Ethereum Foundation
Ether Machine has bought 15,000 ETH as part of its long-term treasury strategy, coinciding with Ethereum’s 10th anniversary.
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