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Mt. Gox’s recent transfer of $936 million in Bitcoin has heightened market uncertainty, contributing to Bitcoin’s drop below $90,000 amid long-term holder sales and ETF outflows. This signals preparations for extended creditor repayments, delayed until October 2026 due to technical challenges. Mt. Gox transferred 10,423 BTC worth $936 million after eight months of inactivity, positioning […]
A Michigan man received a nine-year federal prison sentence for attempting to send Bitcoin to ISIS supporters, using privacy tools to conceal the transactions in 2023. This case underscores the risks of cryptocurrency in funding extremism, as highlighted in U.S. Department of Justice reports. Detroit resident sentenced to nine years for Bitcoin transfers to perceived […]
Dogecoin (DOGE) displays bullish signals through improved sentiment, significant exchange outflows, and steady accumulation around $0.15–$0.16. These factors suggest reduced selling pressure and potential for an early rebound if it clears $0.188 resistance, amid balanced liquidations stabilizing the market. DOGE sentiment aligns positively for retail and smart money traders, per Market Prophit data. Rising exchange […]
Databricks is in talks to raise capital at a valuation over $130 billion, a 30% increase from its $100 billion valuation in September 2025, driven by strong demand for its AI products and partnerships with major tech firms. Databricks’ AI initiatives, including Agent Bricks and Lakebase, are fueling revenue growth to a $4 billion run […]
Solana ETFs from Fidelity, Canary, and VanEck are launching soon, providing U.S. investors with regulated access to SOL amid strong demand. These funds, including staking options, signal growing institutional interest despite recent price dips, with Fidelity’s $FSOL set to debut tomorrow at a 25bps fee. New Solana ETFs from Fidelity and Canary launch tomorrow, intensifying […]
Bitcoin and Ether ETFs experienced significant outflows totaling over $437 million on Monday, driven by Bitcoin’s price drop below $89,600, pushing average investors into losses for the first time since launch. Meanwhile, Solana ETFs continued their inflow streak with $8.2 million added, highlighting divergent trends in the crypto ETF market. Bitcoin ETFs saw $254.6 million […]
The Digital Chamber’s new State Network aims to educate lawmakers on blockchain and cryptocurrency, fostering transparent regulations through partnerships and resources. This initiative, launched in collaboration with Future Caucus, provides workshops, training, and microgrants to support local advocacy groups in promoting informed digital asset policies across states. Launched to bridge knowledge gaps: The State Network […]
El Salvador’s government recently purchased 1,090 Bitcoin for approximately $100 million amid a market dip below $90,000, boosting its total holdings to 7,474 BTC valued at around $670 million. This move aligns with the nation’s strategy of accumulating BTC during price declines, despite ongoing IMF restrictions. El Salvador adds 1,090 BTC to reserves: The purchase […]
El Salvador’s Bitcoin purchases involve daily acquisitions to build reserves, with the nation recently adding 1,098 BTC for about $100 million despite price drops. This strategy has grown its holdings to 7,474 BTC, valued at approximately $688 million, emphasizing long-term financial independence. Daily BTC buys: El Salvador adds one Bitcoin each day to average down […]