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Brazilian national faces 20-year sentence for $290 million Bitcoin Ponzi scheme
A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T. Braga pleaded not guilty to a 13-count indictment involving wire fraud and conspiracy related to the Trade Coin Club (TCC) […] More
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Bitcoin Pepe set to reap big from its virality, fundamentals, and timing
The crypto market is subject to a neutral market sentiment even as the bulls remain in control. Subsequently, majors like Ripple and Ethereum are range-bound while their steady fundamentals support the prices. On the other hand, more savvy investors are shifting their focus to meme crypto projects with the potential to revolutionize the industry. One […] More
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Is Bitcoin a good investment for retirement?
Wait, what is Bitcoin again? Bitcoin is the first cryptocurrency — this is, essentially, money that allows people to send and receive payments directly to each other without relying on banks or governments. Created in 2009 by an unknown person or group using the name Satoshi Nakamoto, Bitcoin introduced a new way to handle transactions online. […] More
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VanEck research reveals if Strategic Bitcoin Reserve can pay off US debt by 2049
Following Trump’s watershed speech at the Nashville Bitcoin conference in July 2024, Sen. Cynthia Lummis introduced her Bitcoin reserve bill, explicitly articulating that it is aimed to reduce U.S. debt. The new VanEck research reveals that if the act is adopted, Bitcoin may offset 18% of the national debt before the government gains the right […] More
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Bitcoin comes back to life — Does data support a rally to $100K and higher?
Bitcoin price staged a recovery this week, but data shows traders reducing their appetite for risk. Market Analysis COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin (BTC) reached $99,500 on Feb. 21, its highest level in two weeks, but failed to maintain the bullish momentum. This move can be partly attributed to a lack of enthusiasm in […] More
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The Libra scandal continues, ‘manufactured’ Bitcoin price action: Finance Redefined
Argentina’s Libra scandal continues to unfold, and Bitcoin’s two-month crab walk has raised “price suppression” concerns among industry leaders, such as Samson Mow. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED Retail crypto investor sentiment was hit by another multi-billion memecoin meltdown, previously endorsed by Argentine President Javier Milei, who faces political pressure from his opposition after […] More
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in Bitcoin News, News
Bitcoin investing expands in Costa Rica with new BN Fondos ETF
BN Fondos has launched the first Bitcoin and S&P 500-focused investment funds in Central America, positioning itself as a pioneer in the region’s financial sector. The BN ETF 500 and BN ETF Bitcoin offer investors an opportunity to diversify their portfolios with exposure to global markets through exchange-traded funds. “These funds not only present an […] More
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in Bitcoin News, News
Bitcoin Joins Altvest Capital’s Balance Sheet in Landmark Treasury Strategy Shift
Altvest Capital Limited has become the first publicly traded company in Africa to adopt Bitcoin as a strategic treasury asset. The company announced its initial investment in Bitcoin (BTC) as part of a broader treasury management strategy, which aims to strengthen financial resilience, preserve shareholder value, and gain direct exposure to the world’s largest crypto […] More
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in Bitcoin News, News
Acre Raises $4M at $90M Valuation, Unlocking Bitcoin-Native Compounding for BTC Holders
[PRESS RELEASE – Dover, Delaware, February 21st, 2025] With its Bitcoin-in, Bitcoin-out model, Acre simplifies compounding for BTC holders while empowering decentralized networks with economic security. Acre, the first Bitcoin platform for compounding BTC, announced today the un-gating of its decentralized application (dApp) alongside a $4 million strategic funding round at a $90M fully diluted […] More
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in Bitcoin News, News
Bitcoin Price Crashes on Reports of Alleged $1.5B Bybit Security Incident
Several reports emerged in the past minutes that one of the world’s leading crypto exchanges, Bybit, was compromised for roughly $1.5 billion in digital assets. Although the news is yet to be officially confirmed, the panic spread rapidly, causing an immediate price crash for BTC and most altcoins. Seems that @Bybit_Official hot wallet just got […] More
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in Bitcoin News, News
Bitcoin faces $100K test: Bull trap or ‘bonafide’ BTC price breakout?
Bitcoin is targeting six figures as a welcome break from rangebound trading continues for BTC price bulls. Market Update COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin (BTC) bulls fought for $100,000 at the Feb. 21 Wall Street open as US sellers sparked volatility. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price still lacks “bonafide breakout” Data from […] More
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in Bitcoin News, News
BlackRock Bitcoin ETF surpasses 50% market share despite 3-day sell-off
BlackRock’s Bitcoin ETF now holds over 50% of the market despite rising outflows, while Bitcoin’s price remains resilient amid industry concerns over price action. News COINTELEGRAPH IN YOUR SOCIAL FEED BlackRock’s Bitcoin exchange-traded fund (ETF) market share has grown to over 50%, even as Bitcoin ETF issuers experience a broader sell-off. BlackRock, the world’s largest […] More