Skip to main content

Posts

Report: Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes

A federal jury convicted Block Bits co-founder Japheth Dillman on five fraud-related counts after prosecutors showed how nearly $1 million flowed from investors into a cryptocurrency trading operation built around an automated system that never existed. Law360 reporter Bonnie Eslinger reported on the verdict Monday from the U.S. District Court for the Northern District of […] from Bitcoin News https://ift.tt/JWAd9LD
Post a Comment
Read more
Recent posts

Bitcoin Trader Down $4.56M Opens New $23M Short on 300 BTC

A wallet tracked by onchain analysts opened its 15th bitcoin short in five days on August 24, a 40x leveraged bet on 300 BTC worth roughly $23.13 million, after 14 straight losing trades wiped out a combined $4.56 million. An Embarrassing Losing Streak Deepens Further The wallet (identified as bowen1476) opened its 15th short position […] from Bitcoin News https://ift.tt/SA7mbHa
Post a Comment
Read more

Six-Figure Bitcoin Price in Sight as BTC Call Options Go Berserk

Bitcoin derivatives markets are running hot while bitcoin’s price tagged an intraday high of $79,989 Monday, with traders stacking billions into futures and options while paying increasingly steep premiums to chase even higher prices. Bitcoin Open Interest Accelerates With the Rally The leverage is showing up plainly in futures open interest, which tracks contracts still […] from Bitcoin News https://ift.tt/83i5X9z
Post a Comment
Read more

Treasury Steps In, Bitcoin Wakes Up, and More – Week In Review

This week’s stories centered on liquidity, regulation, and signs of a possible market turn. Scott Bessent moved to expand Treasury buybacks as long-term yields came under pressure, while bitcoin surged toward $70,000 in a $1.3 billion short squeeze. Trump’s Hyperliquid comments sent HYPE higher, the CFTC gave prediction-market leaders seats on its advisory panel, and […] from Bitcoin News https://ift.tt/5PiHuaZ
Post a Comment
Read more

Crypto Market Surge: $500B Added as Market Cap Hits $2.74T

Following a U.S. Treasury bond buyback announcement and supportive White House discussions under the Trump administration, the global crypto market cap surged by $500 billion to peak near $2.74 trillion, its highest level since May. Bitcoin Trims Year-to-Date Drawdown After a sluggish start to August, the cryptocurrency market surged during the third week of the […] from Bitcoin News https://ift.tt/qiIX7SJ
Post a Comment
Read more

Ripple CEO Says Crypto Rules Near Finish After White House Meeting

Ripple CEO Brad Garlinghouse says U.S. crypto regulation is approaching a decisive point after White House and CFTC meetings. His assessment connects current momentum with a seven-year campaign for clear federal market rules. Garlinghouse Sees White House Shift on Crypto Ripple CEO Brad Garlinghouse described a significant change in Washington’s treatment of cryptocurrency after joining […] from Bitcoin News https://ift.tt/McsGUWf
Post a Comment
Read more

Peter Schiff Says AI Could Turn Into Bitcoin’s Biggest Threat

American economist Peter Schiff is warning that artificial intelligence (AI) could become a threat to the leading crypto asset bitcoin. Schiff further argued that the two technologies compete for money, electricity and infrastructure, while increasingly powerful AI could potentially uncover weaknesses in Bitcoin’s software. The gold advocate and longtime BTC critic made the argument Sunday […] from Bitcoin News https://ift.tt/bV9MnSN
Post a Comment
Read more