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A closely followed crypto analyst is predicting that Bitcoin (BTC) is on the verge of printing new all-time highs.
Analyst and trader Kevin Svenson tells his 161,300 followers on the social media platform X that Bitcoin may explode to new record high levels based on breakout patterns since April.
“Bitcoin breakout (four-hour). Now that we’ve broken out of the consolidation, we have an official...
Financial infrastructure firm BounceBit is tapping into BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) for a new real-world assets (RWA) yield strategy tool.
According to a new press release from BounceBit, the collaboration mixes traditional finance with blockchain infrastructure, allowing investors to leverage traditional yields with crypto derivatives trading.
Per the...
A New Zealand man has been arrested for allegedly being a part of an international criminal organization that stole $265 million in crypto assets from seven people.
In a new press release, authorities allege that the unnamed Wellington man participated in a scheme that fraudulently obtained the crypto assets by manipulating victims between March and August 2024.
The U.S Department of Justice (...
An international law firm is bringing a class action lawsuit against Strategy – formerly MicroStrategy – and its founder, Michael Saylor.
According to a new press release, Pomerantz LLP is announcing a class action lawsuit against the Bitcoin (BTC) treasury firm.
Pomerantz says the lawsuit is on behalf of anyone who acquired Strategy securities between April 30, 2024, and April 4, 2025, and...
Businesses providing crypto services in the UK will be required to collect more extensive user and transaction data by next year.
The HM Revenue and Customs (HMRC) says the new rule covers all UK-based reporting crypto-asset service providers (RCASPs), which include exchanges, brokers, dealers, and any firm that transacts with digital assets on behalf of users or provides a platform for the...
Fundstrat’s head of research Tom Lee says that Monday’s pullback in stocks is a buying opportunity despite growing economic issues in the US economy.
In a new interview on CNBC Television, Lee says that even though Moody’s downgraded the US’s credit rating from AAA to AA1 on Friday due to soaring national debt, he remains bullish on equities for the time being.
“I don’t know if there’s much...
China is reportedly urging the US to reverse its “discriminatory” measures following guidance from the Commerce Department that using Huawei’s Integrated Circuits (chips) could be interpreted as a violation of American export controls.
The guidance warned the public that using Huawei’s Ascend chips without authorization could result in substantial criminal and administrative penalties.
Chinese...
A widely followed market analyst is sounding the alarm about the surging number of large US companies going bankrupt this year.
Citing data from S...
A closely followed crypto analyst is predicting Ethereum’s (ETH) path to all-time highs, as well as updating his outlook on two other big altcoins.
Trader Michaël van de Poppe tells his 786,500 followers on the social media platform X that he’s expecting ETH to start making a run to $4,800 with anything below the $2,400 level a bargain for bulls.
“Anything sub $2,400 on ETH is, after this big...
May 19, 2025 – New York, United states
A group of creditors known as the THORFi Recovery Group is exploring potential legal proceedings against the blockchain-powered network THORChain and its principals.
On January 23, 2025, users of THORChain’s THORFi lending and savers programs lost over $200 million.
The potential lawsuit will seek to recover the lost digital assets. THORChain’s creditors...