According to a recent report by Bloomberg, the cybersecurity arm of China has openly accused the US government of orchestrating the theft of approximately $13 billion in Bitcoin (BTC), adding tension to the ongoing cyber relations between the two nations. China Alleges State-Level Operation The incident in question revolves around the theft of 127,272 BTC…
Tag: crypto
XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst
Some analysts expect XRP to climb sharply from its current price of $2.39. According to posts on X by a popular analyst known as Egrag Crypto, the coin is trading at the bottom of a descending triangle and could stage a strong rally in the coming weeks. Analysts Point To Historical Setups According to Egrag,…
Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins
Throughout the past year, Bitcoin (BTC) and Ethereum (ETH) have emerged as the primary focus for a growing trend of Digital Asset Treasuries (DATs), particularly driven by favorable pro-crypto regulations worldwide. However, recent reports from Reuters indicate that this focus is beginning to shift towards less popular altcoins. DAT Firms Explore New Opportunities Beyond Bitcoin …
Bitcoin Faces Judgment Day, Crypto Strategist Warns – What This Means
According to Bloomberg Intelligence’s Mike McGlone, Bitcoin has entered a “do-or-die” phase as traders watch a narrow price band for signs of direction. From an Oct. 6 level of $123,500, the coin tumbled almost 20% to a low of $99,900 on Nov. 4 before recovering to about $106,350. Reports show the move left Bitcoin roughly…
Bitcoin Now Accepted By 4 Million Businesses, Thanks To Jack Dorsey
Block, the payments firm led by Jack Dorsey, has rolled out a new Bitcoin payments option that is available to about 4 million Square merchants, allowing businesses to accept Bitcoin at checkout and offering promotional fee relief to sellers. Reports have disclosed the rollout began on November 10, and it targets Square’s existing merchant base…
MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’
Crypto trader the White Whale, who had offered to serve as an advisor to crypto exchange MEXC, has retracted his offer. This came as he highlighted a ‘structural rot’ within the exchange, which puts customers at risk of losing their coins. Crypto Advisor Exposes ‘Structural Rot’ Within MEXC In an the crypto exchange. He further…
Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value
Trump Media & Technology Group (TMTG) posted a net loss of about $54.8 million for the quarter, and that shortfall was driven in part by write-downs tied to its digital-asset holdings. According to company disclosures, the firm holds a sizable bitcoin stash that has swung in value and helped turn trading swings into headline losses.…
$300 Million Worth Of XRP On The Move – Where Are They Headed?
The XRP market is experiencing a new wave of large transactions as long-term holders adjust their positions. Over $300 million worth of XRP has recently been moved from crypto exchanges, signaling a shift in investor sentiment. While such withdrawals often suggest accumulation, current on-chain data present a mixed picture, indicating both opportunity and caution. Over…
Get Ready — The End Of November Will Be Massive For XRP, CEO Says
Reports from the Ripple Swell 2025 conference show growing interest in XRP. Traders and fund managers are watching November closely. According to speakers at the event, several timetabled moves could push more money into the token in the short term. Canary Capital ETF Timetable Canary Capital’s spot ETF is set to go live after an…
Bitcoin’s Big Money Is Moving — Old Whales Selling At A Furious Pace
Bitcoin-focused ETFs recorded their largest single-day outflow since August, pulling a combined $558 million from the market as prices hovered near $102,000. Data from SoSoValue shows the move pushed some big funds into the red for the day and sent fresh signals that traders are rebalancing after recent gains. Fidelity And Ark Lead Outflows Fidelity’s…