Category: Bitcoin
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Manuel Adorni Resigns Amid Bitcoin Probe
Key Takeaways Adorni resigned over a $500k crypto probe, hitting local trust as the wealth investigation continues. An audit exposed shortfalls in his 2013 Bitcoin claims, as journalists demanded traceability in BTC purchases. Milei still faces intense backlash over the Libra token scheme, next forcing deeper scrutiny of state crypto links. Argentine Cabinet Chief Resigns…
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Bitcoin Didn’t Lose to Gold, the Rotation Story Is Wrong: Analyst
When markets wanted growth, money chased tech, but when they wanted safety, it moved to cash and Treasuries. According to analyst Shanaka Anslem Perera, the story everyone has been telling about Bitcoin (BTC) this year, that big money fled to gold and left crypto behind, is wrong. He laid out the actual flow of…
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50K BTC Flow Adds Pressure To Bitcoin Price: Will The Sell-off Deepen?
Bitcoin (BTC) is showing fresh signs of short-term holder capitulation after roughly 50,000 BTC moved to exchanges at a loss over the past day. At the same time, the market capitalization of short-term holders fell to $237.7 billion, its lowest level since October 2024. The rise in loss-driven selling comes as tighter monetary conditions and…
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Electronic Money or Digital Asset? Brazil Sparks Intense Debate Over Stablecoin Regulation
Key Takeaways Jadyel Alencar called a public hearing on Bill 4308/2024 to determine Brazil’s stablecoin regulation. Abcripto urged keeping stablecoins as digital assets to shield the local market from EU-style rules. Julia Rosin backed central bank oversight and opposed the electronic money taxonomy to align with international jurisdictions. Brazil’s Crypto Industry Opposes Stablecoin Designation As…
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Metaplanet Stock Down 88% in a Year While BTC Holdings Grow
Analysts argue that investors are effectively buying the company’s Bitcoin holdings at a discount to their estimated value. Metaplanet shares on the OTC market closed at about $1.29 on June 25, extending a year-long drop that has taken the stock down 88%, while the company’s Bitcoin holdings have risen to over 40,000 BTC. The…
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Bitcoin Rebounds Off Yearly Lows But US Stocks Flash Warning Sign
Key takeaways: Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand. Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds. Bitcoin (BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations…
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Bitcoin Slides Nearly 20% in June as $715M in Crypto Long Bets Collapse
Key Takeaways Bitcoin erased its plunge to a 2026 low of $58,035 on Thursday morning, staging a rapid relief rally. Forced liquidations across the crypto market topped $1 billion, wiping out $484 million in bitcoin bets. Boris Alergant of Babylon Labs warns that AI competition may pressure bitcoin prices through the summer. Volatility Grips Bitcoin…
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Brutal Bitcoin Liquidation Cascade Imminent Below $59K, Warns Analyst
Bitcoin could fall further and faster if a large stack of long positions gets liquidated just below current prices, warns one analyst. Analyst ‘Reflection’ warned of a brutal Bitcoin liquidation cascade below $59,000, claiming over $1.6 billion in long leverage is stacked in one zone around $58,000 based on CoinGlass data. “In all my…
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BTC Falls Under $60,000 As Traders Predict A Relief Bounce
Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. A relief bounce should enter soon, they say, with targets closer to $70,000. US-Iran peace progress has little bullish…
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She Won $71.5 Million, Then a Rule Change Froze Her Lottery Payout
Key Takeaways Jackpocket ticket won $71.5M on Feb. 17, 2025, but Texas Lottery froze the payout. Texas Rangers probe may reshape courier-app rules affecting DraftKings and lottery sales. Jane Doe sued on May 19, 2025; courts could decide if retroactive bans can stand. An 83-year-old Texas retiree hit the Lotto Texas jackpot on 2/17/2025, only…
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