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Tag: Bitcoin

U.S. Government Transfers 8 Million in Seized Bitcoin and Ether to Coinbase Prime

U.S. Government Transfers $288 Million in Seized Bitcoin and Ether to Coinbase Prime

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U.S. government-linked wallets transferred ~$288 million in seized crypto, including BTC from Farace and BTC-e cases and ETH from a laundering scheme, to Coinbase Prime. Bitcoin routed through fresh intermediary wallets before deposit; ether sent directly, consistent with institutional custody flows. Move aligns with Coinbase Prime’s role as custodian for government assets but occurs despite Trump’s March 2025 executive...

Bitcoin, Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Weekly Snapshot  – Crypto Market Rebounds Amid ETF Inflows

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Bitcoin Recovery Gains Traction as ETFs Reverse Outflows Bitcoin has staged a notable recovery this week, climbing from 21-month lows near $58,000 toward the $64,000 level, buoyed by renewed spot ETF inflows that ended an eight-week outflow streak. The primary catalyst moving markets has been the reversal in U.S. spot Bitcoin ETF flows, with approximately $197 million in net inflows for the week of July 6-10. This marks a significant...

Bitcoin, Crypto market, Cryptocurrencies

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Bitcoin’s BIP-110 Faces Near-Certain Failure as Miner Support Stays at Zero Ahead of Deadline

Bitcoin’s BIP-110 Faces Near-Certain Failure as Miner Support Stays at Zero Ahead of Deadline

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BIP-110, a proposed temporary soft fork to limit non-financial data like inscriptions, heads toward an early August deadline with miner signaling below 1% and currently at zero. Strategy’s Michael Saylor and Blockstream’s Adam Back publicly oppose the measure, arguing it turns a spam debate into a dangerous consensus change that could invalidate valid transactions. Node adoption remains in the low single digits, making a...

Bitcoin, Cryptocurrencies, Front page, News

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brad garlinghouse

Ripple CEO Brad Garlinghouse Slams “Financial Engineering” in Crypto, Stays Bullish on Bitcoin Amid Market Turmoil

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A Sharp Critique in Volatile Times In a pointed CNBC interview amid Bitcoin’s struggles below $60,000, Ripple CEO Brad Garlinghouse delivered a stark message to the crypto industry: sustainable value comes from real utility, not complex financial maneuvers. “Financial engineering does not drive long-term value … long-term value of any digital asset is going to be driven by utility,” Garlinghouse stated. He directly targeted...

Altcoins, Bitcoin, People in crypto

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Bitcoin Slips as Renewed U.S.-Iran Tensions Lift Oil Prices, Weigh on Risk Assets

Bitcoin Slips as Renewed U.S.-Iran Tensions Lift Oil Prices, Weigh on Risk Assets

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Bitcoin and other major cryptocurrencies declined as renewed U.S.-Iran airstrikes pushed oil prices higher, prompting a risk-off move across markets. Kraken is pursuing a full banking license in Europe, targeting Lithuania, which would position it uniquely among crypto exchanges. BlackRock-backed Securitize shares slid sharply post-SPAC debut despite the ongoing tokenization boom. Bitcoin came under pressure Tuesday as...

Bitcoin, Cryptocurrencies, Front page, News

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