Whale wallets are rapidly accumulating BTC, signaling strong institutional confidence and adding momentum to Bitcoin’s upward trajectory. Analysts forecast major gains ahead, with some projecting a climb to $100K or even $500K as accumulation outpaces ETF inflows. After Bitcoin whales shifted focus to rising altcoins, as discussed in a previous CNF

Block Inc. faces a $40M fine after NYDFS flags major AML failures linked to Cash App, impacting 8,000+ illicit accounts. Despite compliance issues, Block’s 2024 earnings surged, as Bitcoin and digital payments remain resilient under growing regulatory scrutiny. Block Inc., the digital payments firm co-founded by Jack Dorsey, has agreed to a $40 mil

The global economy stands at a crossroads, echoing the turbulent 1970s in ways that are both eerie and enlightening. Back then, stagflation—a crippling blend of stagnant growth and runaway inflation—gripped the world, driven by oil shocks and geopolitical strife. Gold, the timeless safe haven, soared as investors fled traditional assets. Today, tar

NY Attorney General warns Bitcoin could undermine U.S. dollar dominance and weaken America’s global economic influence. Calls for tougher crypto regulation grow as political forces align on stablecoin policy and digital asset oversight. Research suggests that Bitcoin may pose a risk to the U.S. dollar’s global role, according to New York Attorney G

New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) […]

Charles Hoskinson, who co-founded Ethereum and now leads the Cardano blockchain, has projected that Bitcoin could reach a price of $250,000 by the end of this year or next year. His prediction, made during a CNBC interview, comes despite the recent slump in the wider financial markets including crypto. Why Bitcoin Will Hit $250,000 Within […

US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business. The SEC’s Division of Corporation Finance said in a staff statement on April 10 that it was giving its [&helli

After trading below the $2 mark for the past 3 days, XRP has finally recovered the level with a nearly 14% upswing in mere hours. Its recent upward move to the $2 level is attributed to a sudden surge in the entire crypto market, coupled with the notable bullish performance in its network activities and […]

MicroStrategy, the largest corporate holder of Bitcoin, has long embodied the boldest institutional bet on the cryptocurrency. Co-founder and chairman Michael Saylor’s unwavering belief in Bitcoin has defined the company’s strategy for years. However, that strategy now faces a challenge after a recent SEC filing hinted at the possibility of MicroSt

President Trump has recently signed a resolution that effectively eliminates a controversial IRS rule related to decentralized finance (DeFi) brokers. This move comes as a relief to many in the DeFi community who have been concerned about the potential impact of the rule on their operations. The IRS rule in question required brokers to report [&hel