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Trump denies knowledge of $500M Abu Dhabi stake in WLFI
The reported World Liberty Financial deal, said to have been made four days before the president’s inauguration, would make the UAE company the largest WLFI shareholder.
FTX users, Fenwick agree to settle lawsuit over firm’s role in FTX
The plaintiffs filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role” in “how the FTX fraud was accomplished.”
Bitcoin flash crash recovery to $100K may take 6 months: Analyst
Multiple charts and historical data suggest that Bitcoin’s recovery from its weekend crash below $75,000 could take at least 6 months.
Russian Crypto Mining Firm BitRiver Hit As CEO Arrested In Tax Case
Igor Runets, the entrepreneur behind one of Russia’s biggest Bitcoin farms, was taken into custody Friday as tax investigators moved in on his company. The move shocked many in the mining world because BitRiver runs huge data halls in Siberia and has been a visible player since the early 2020s. Runets Held As Tax Case […]
Ethereum Faces High-Stakes Moment at $2,200 as Whale Longs Clash With Bearish Flow Data
Ethereum (ETH) has entered a decisive phase after a sharp sell-off erased much of its recent gains and pushed the price toward the closely watched $2,200 level. The move followed repeated failures to break above the $2,500–$2,550 zone, triggering liquidations. Related Reading: Crypto Hacks Explode: $370 Million Stolen In January Alone: Researchers
ISM Manufacturing PMI at 40-month high: Analysts say BTC could benefit
The rise and fall of the manufacturing index from mid-2020 through 2023 closely mirrored Bitcoin and the broader crypto market’s price movements over the same timeframe.
Russia’s Largest Crypto Mining Firm Hit as BitRiver CEO Faces Tax Evasion Allegations
Russia’s biggest crypto mining company is under renewed scrutiny after authorities detained BitRiver founder and CEO Igor Runets on multiple tax evasion charges, deepening the legal and financial pressure on a firm already constrained by sanctions and operational setbacks. Related Reading: With Bitcoin Below $80K, ARK Reframes The Narrative Around
XRP Market Structure “Very Similar” To April 2022, Glassnode Says
As XRP slides below $1.60, on-chain analytics firm Glassnode has highlighted how the current structure is looking similar to that of April 2022. XRP Is Fast Approaching Its Realized Price In a new post on X, Glassnode has talked about where XRP is currently trading with respect to its Realized Price. This on-chain indicator measures […]
Russia’s BitRiver Battles Bankruptcy as CEO Faces Tax Probe
BitRiver, Russia’s crypto-mining company, is under financial pressure after a regional court opened proceedings against its main shareholder.