Bitcoin’s potential golden cross: A bullish outlook tempered by caution Bitcoin (BTC) is poised for a “golden cross,” a technical pattern where the 50-day simple moving average (SMA) crosses above the 200-day SMA. Historically, this has preceded significant price rallies,…
Bitcoin developer Ben Allen has secured a $100,000 grant from Maelstrom, an investment firm, to advance the development of Payjoin. This privacy-enhancing tool aims to bolster Bitcoin’s scalability and privacy features. The grant, announced in May 2025, will fund Allen’s…
South Korea’s Democratic Party leader, Lee Jae-myung, advocates for a Korean won-backed stablecoin to curb capital flight and bolster national financial sovereignty. His proposal stems from concerns over significant capital outflows – totaling 56.8 trillion won ($40.8 billion) in the…
Genesis, the bankrupt crypto lender, has filed a pair of lawsuits against its parent company, Digital Currency Group (DCG), and CEO Barry Silbert, alleging fraud, reckless mismanagement, and the misappropriation of over $1 billion. A Delaware Court of Chancery complaint…
A recent $330 million Bitcoin theft highlights the escalating threat of social engineering in the cryptocurrency world. This attack, unlike typical hacks, exploited human trust rather than technical vulnerabilities. An elderly US citizen was manipulated into granting access to their…
Bitcoin’s price surged over 3% on May 20, reaching over $105,500, driven by a confluence of factors pointing towards increased institutional demand and bullish market sentiment. This rally follows a period of significant inflows into US spot Bitcoin ETFs, totaling…
Bitcoin’s price strength remains robust, defying predictions of a double top reversal, according to new analysis from Swissblock Technologies. Despite trading just under $5,000 from its all-time high, the Bitcoin Fundamental Index (BFI) shows no signs of weakening, suggesting a…
President Donald Trump signed the TAKE IT DOWN Act (Tools to Address Known Exploitation by Immobilizing Technological Deepfakes on Websites and Networks) into law on May 19th, criminalizing the nonconsensual creation and distribution of AI-generated deepfake pornography. This bipartisan bill,…
DigiAsia Corp, a Jakarta-based Nasdaq-listed fintech firm, announced a significant shift in its strategy, aiming to establish a Bitcoin treasury reserve. This decision followed the board’s approval to allocate up to 50% of net profits towards acquiring Bitcoin (BTC). The…
The SEC’s approach to crypto market regulation under the Trump administration has drawn sharp criticism from Democratic Commissioner Caroline Crenshaw. In a May 19 speech at the SEC Speaks event, she described the agency’s actions as a “game of regulatory…
