The United States Treasury Department has escalated its crackdown on illicit crypto activity, redesignating the Russian-linked cryptocurrency exchange Garantex Europe OU and sanctioning its successor platform, Grinex. The move follows years of allegations that Garantex processed more than $100 million in transactions tied to ransomware groups, darknet markets, and other cybercriminal operations. OFAC Targets Garantex…
Bitcoin’s fresh record above $124,000 on Thursday set the stage for a stark test of one of oldest heuristics, according to Joe Consorti, Head of Growth at Theya. In a video published today, August 14, Consorti argued that the fourth quarter will reveal whether the market’s long-observed four-year halving cycle still governs price behavior—or whether…
According to Thumzup Media’s filing and press release, the Nasdaq-listed company completed a $50 million secondary offering at $10 per share to fund crypto mining and expand a multi-asset treasury. The company said it will buy mining rigs and add assets such as XRP, BTC, ETH, SOL, LTC, USDC and DOGE to its balance sheet….
The Bitcoin Realized Price has surged above the asset’s 200-week moving average (MA). Here’s what could happen next, according to history. Bitcoin Realized Price Has Overtaken 200-WMA For First Time This Cycle As pointed out by analyst James Van Straten in a new post on X, the Bitcoin Realized Price and 200-week MA have seen…
Binance Coin (BNB) has hit fresh record territory after Abu Dhabi-based MGX announced a historic $2 billion investment in Binance on August 12. The deal, entirely funded in stablecoins, marks the largest single investment ever made in a cryptocurrency company. Within 48 hours of the news, BNB surged more than 15%, breaking through key resistance…
A new report from CoinGate has revealed how Bitcoin and other cryptocurrencies compare in payments usage across the world. USDT Most Used Crypto On CoinGate Overall, Bitcoin Second Cryptocurrency payments processor CoinGate has shared new data breaking down digital asset payments preferences around the world. First, below is a table showing how the composition of…
Solana-based meme coin USELESS has surged more than 30% in the past 24 hours, emerging as one of the day’s top-performing digital assets. The rally stands out as major meme assets like Dogecoin (DOGE) and Shiba Inu (SHIB) have posted losses despite the broader market upswing. Coinbase, Binance US, Kraken Boost USELESS The recent rally…
Citigroup is showing an unexpected interest in stablecoins and crypto ETFs; it might offer custody services for these assets’ collateral. Stablecoins might be the more viable option, as Coinbase already has an overwhelming head start in the ETF collateral market. Even if these plans don’t work out, the firm is nonetheless considering other stablecoin pilot…
Bitcoin mining operators are putting less of a strain on Paraguay’s power grid than engineers initially feared, the nation’s power provider says. Per the Spanish-language news outlet Criptonoticias, the comments came from Félix Sosa, the President of the National Electricity Administration (ANDE). Speaking at a recent blockchain technology-related conference, the power chief said that crypto…
Bitcoin (BTC) surged to a new all-time high of $124,400 on early Thursday, fueled by strong institutional demand, bullish technicals, and favorable U.S. policy shifts. The move pushed the overall crypto market cap to a record $4.18 trillion. The rally followed a decisive breakout above key technical levels, including the 7-day SMA at $118,892 and…