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How crypto helped a British criminal gang move huge sums of money to Russia

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A billion-pound money laundering network operating across 28 UK cities converted revenues from drug trafficking, gun sales and organized crime into cryptocurrency, with some of these funds ultimately helping Russia circumvent sanctions and fund its war effort, Sky News reported, citing the National Crime Agency (NCA). The operation, uncovered through the NCA’s long-running ‘Operation Destabilize’, […]

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Bitcoin Treasuries (BTC) Goes Beyond HODL to Generate Returns, Hedging and Repurchasing Stocks Amid Reduction in NAV

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The great Bitcoin corporate land grab of the summer has cooled considerably, and the latest batch of digital asset Treasury (DAT) stocks are showing the hangover. Many once-hot Bitcoin treasury stocks are now trading below the value of the crypto reserve they hold, forcing companies to go beyond a simple “buy and hold” approach and

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Tactical Bottom Could Be Near, As Greed and Fear Index Suggests

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Bitcoin BTC$84,268.11 According to analytics firm 10x Research, sentiment has plunged into extreme pessimism, suggesting a tactical or intermediate low from which a BTC price rebound is likely. The company’s proprietary “Greed & Fear” index, which measures market sentiment, collapsed to a record low of less than 5 points. Readings below 10% represent extreme fear

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Dogecoin Chart Turns Fully Bearish After Multi-Level Support Fails

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Memecoin breaks the critical $0.15 low on exceptional volume, establishing new support near $0.138 as bears strengthen their control over the major time frames. News context • Crypto markets remain extremely fearful, with Bitcoin slipping below $85,000.• Total market capitalization loses $120 billion in 24 hours as risk aversion deepens.• Meme coin industry is experiencing

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FRBNY President John Williams sees ‘room for adjustment’

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Bitcoin BTC$84,632.66 staged a modest rebound Friday morning in the United States after a 10% selloff overnight as the likelihood of a Federal Reserve rate cut in December rose sharply following dovish remarks from New York Fed President John Williams. “I still see the possibility of further near-term adjustment to the target range for the

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BTC May Fall to $80,000, but is at Levels Predating FTX-Era Extremes

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Bitcoin is exhibiting one of the deepest momentum breaks of the cycle, with several on-chain indicators now printing signals last seen during the industry’s most violent devastations. Glassnode data shows that realized losses have reached levels comparable to the November 2022 capitulation around the collapse of FTX. The rise is almost entirely driven by short-term

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Ohio Congressman Introduces Bill to Allow Federal Taxes to Be Paid in Bitcoin

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One of the crypto industry’s longtime Republican allies in Congress has introduced a bill allowing individuals and businesses to pay their taxes in bitcoin. BTC$83,817.89 without triggering capital gains liability and also directing funds to the US Strategic Bitcoin Reserve – providing a new funding mechanism for the federal crypto stockpile that has not yet

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