Bitcoin drops to $95,600 amid weak US bond demand and a falling US Dollar Index. Can BTC sustain its rally? Read the latest analysis.
The post Bitcoin at Risk? Weak Demand for US Bonds Raises Alarm Bells appeared first on Cryptonews. …
Category: Cryptocurrencies
South Korean “Jonbur Kim” Park, ‘Coin King,’ Re-Arrested for $47M Crypto Fraud After Bail Release
South Korea’s “Jonbur Kim” Park, the “Coin King,” has been re-arrested for a $47M crypto fraud scheme involving Artube coin manipulation. Prosecutors accuse him of deceiving investors, inflating token prices, and bribing exchange officials, just weeks after being released on bail for a separate fraud case.
The post South Korean “Jonbur Kim” Park, ‘Coin King,’ Re-Arrested for $47M Crypto Fraud After Bail Release appeared first on Cryptonews. …
SafeMoon CTO Thomas Smith Pleads Guilty to Massive Crypto Fraud Scheme
SafeMoon CTO Thomas Smith pleads guilty to securities and wire fraud conspiracy, reversing his 2023 plea amid allegations of misappropriated investor funds and luxury spending.
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U.S. Digital Assets Sub-Committee to Hold Hearing on Bipartisan Crypto Legislation
The U.S. Senate Banking Committee is set to revisit U.S. Crypto regulations in a February 26 hearing. Lawmakers and industry experts, including representatives from Kraken and Lightspark, will debate stablecoins, market structure, and a proposed Bitcoin reserve to shape future digital asset policies.
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Franklin Templeton Expands Crypto Offerings with Weighted Bitcoin-Ethereum ETF ‘EZPZ’
Franklin Templeton has expanded its crypto portfolio with the launch of the EZPZ ETF, offering weighted exposure to Bitcoin and Ethereum.
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Michael Saylor Says the U.S. Should Buy Up To 20% of Bitcoin as a Strategic Reserve
Michael Saylor, founder of Strategy, has called on the United States to establish a strategic Bitcoin reserve by acquiring up to 20% of the Bitcoin network.
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Freed Ross Ulbricht Seeks Clemency for ‘Bitcoin Jesus’ Roger Ver in Tax Evasion Case
Ross Ulbricht, the recently pardoned founder of the Silk Road marketplace, is publicly advocating for clemency for Roger Ver, known as “Bitcoin Jesus.”
The post Freed Ross Ulbricht Seeks Clemency for ‘Bitcoin Jesus’ Roger Ver in Tax Evasion Case appeared first on Cryptonews. …
Javier Milei-Linked Libra Token Hit by $99M Withdrawal from Creator Team Wallets: Report
A $99M withdrawal from the Libra token’s liquidity pool raises concerns, as Chainalysis links the funds to wallets tied to the token’s creator.
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Canary’s Spot Litecoin ETF Added to DTCC List Ahead of SEC Clearance
Canary Capital’s spot Litecoin ETF is still pending regulatory approval from the US SEC, but has been listed on the DTCC.
The post Canary’s Spot Litecoin ETF Added to DTCC List Ahead of SEC Clearance appeared first on Cryptonews. …
Bitcoin Eyes $101,000: Bullish Momentum and Institutional Demand Drive Rally
Bitcoin price targets $101,000 as bullish momentum continues. Institutional demand and regulatory optimism fuel the rally. Key levels to watch: $98,000 and $99,200.
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