The ‘Crocodile of Wall Street’ Sentenced: A Landmark Case in Crypto Crime
TL;DR Heather Morgan, known as the “Crocodile of Wall Street,” was sentenced to 18 months in prison for laundering Bitcoin stolen from the Bitfinex hack...
bitcoin
Spot Bitcoin ETFs Surge with $1.7B Weekly Inflows
TL;DR Bitcoin spot ETFs hit $1.7 billion in weekly inflows, marking six consecutive weeks of positive flows. Assets under management by these ETFs represent 5.27%...
The Crypto Market Awaits $4 Billion Options Expiry: What Will Happen?
TL;DR The expiration of $4 billion in Bitcoin and Ethereum options could trigger significant volatility in the crypto market. The maximum pain points are set...
Bitfinex Hacker Sentenced for Laundering Billions in Stolen Bitcoin
TL;DR Ilya Lichtenstein was sentenced to five years in prison for his role in the 2016 Bitfinex hack, which resulted in the theft of 120,000...
Bitcoin ETF Outflows Hit $400M as Investors Take Profits
TL;DR Bitcoin breaks its six-day winning streak with $400 million outflow from ETFs on Nov. 14. BlackRock’s ETF bucks the trend with $126.5 million inflow,...
Bitcoin Surpasses $90,000, But Faces a Temporary Correction Due to Dollar Strength
TL;DR Bitcoin surpassed $90,000 but faces a temporary correction due to the strength of the U.S. dollar, which could slow its rise. The strengthening of...
Robinhood CEO Predicts Bitcoin Boom Under Trump’s Pro-Crypto Administration
TL;DR Robinhood CEO Vlad Tenev links Bitcoin’s rise to Donald Trump’s upcoming term. Trump promises to make the US a global hub for cryptocurrency innovation....
Arthur Hayes Predicts the Dollar Will Collapse Under Trump’s Management
TL;DR Arthur Hayes, former CEO of BitMEX, predicts a fall in the US dollar under Donald Trump’s administration, which could benefit Bitcoin. Hayes believes that...
The MicroStrategy $10B Bitcoin Profit
TL;DR MicroStrategy posts $10.55 billion in unrealized gains thanks to recent surge in Bitcoin price. The company has accumulated 252,220 BTC, currently valued at $20.48...
Block Focuses on Bitcoin Mining, Closes TBD Division
TL;DR Jack Dorsey’s company Block is focusing on Bitcoin mining and reducing its investment in other areas. The TBD division, which is dedicated to developing...