News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Crypto whales have been active in accumulating BTC, PEPE, and ENS this week, signaling potential price movements despite recent market fluctuations.
James Howells has faced years of legal setbacks in his attempt to recover 8,000 lost Bitcoins from a Newport landfill. Despite offering millions, he now plans to approach the European Court of Human Rights.
Cooper Scanlon emphasizes the serious vulnerabilities in blockchain infrastructure, especially Ethereum, highlighting the growing threat to global finance and calling for secure innovations like Move programming.
This week in crypto, Pi Network faces criticism over migration issues, Bitcoin resurfaces in dark web activity, and XRP’s potential reclassification as a commodity sparks debate on regulatory impact.
BTC is down 7% this week, but indicators suggest a possible shift in momentum. A breakout above $84,718 could signal a trend reversal.
- 13:33Opinion: Trump Has the Right to Publicly Express His Views on Powell and Federal Reserve PolicyOdaily Planet Daily reports: Former U.S. Vice President Michael Pence stated that Donald Trump has the right to publicly share his views on Federal Reserve Chairman Jerome Powell and the central bank’s interest rate decisions, and that he himself also has concerns about related policies. “I believe the President of the United States is fully entitled to express his opinions about the Fed Chair and the Federal Reserve itself,” Pence said in an interview on Thursday. “I don’t really agree that the Fed should be a completely separate institution, like a college of cardinals, where you can’t speak unless you’re reverent and deferential,” Pence continued. “The President should be able to express his views.” (Zhitong Finance)
- 13:03US-listed company K Wave Media secures $1 billion in funding to advance Bitcoin strategy, has acquired 88 BitcoinsAccording to ChainCatcher, as reported by GlobeNewswire, K Wave Media (NASDAQ: KWM) announced today that it has signed a $500 million convertible note agreement with Anson Funds. Combined with the previously established $500 million standby equity purchase agreement with Bitcoin Strategic Reserve, this brings the company’s total capital capacity to $1 billion. The company has completed its initial purchase of 88 bitcoins and plans to allocate at least 80% of the net proceeds from financing to bitcoin acquisitions, aiming to rapidly expand its holdings to 10,000 bitcoins.
- 12:58An address linked to Cumberland withdraws 25,000 ETH from an exchangeOdaily Planet Daily reported, according to monitoring by Lookonchain, an address associated with Cumberland withdrew 25,000 ETH, worth $69.56 million, from an exchange. Over the past three days, this wallet has withdrawn a total of 55,383 ETH, valued at $148 million, from the exchange.