Category: crypto

A long-dormant Bitcoin whale has reappeared, moving 2,000 BTC worth $222 million to 51 new wallets. The structured transfer suggests organization or security upgrades, not random activity. Speculation about profit-taking arises as Bitcoin struggles to regain momentum. The coins have not yet reached exchanges, causing no immediate market reaction.

Coinbase has made a new investment in CoinDCX, India’s largest crypto exchange, to expand its presence in South Asia and the Middle East. CoinDCX reported significant trading volume and user numbers. The move follows CoinDCX’s recovery from a security breach. This investment aligns with Coinbase’s global expansion strategy for 2025.

Volatility Shares has filed for 5x leveraged ETFs for Bitcoin, Ethereum, and Solana, a move that could reshape crypto trading. The SEC has not yet approved 3x products, making the fate of the filings uncertain. If accepted, the funds could debut in early 2026, offering high-risk, high-reward opportunities for traders.

Japan’s Financial Services Agency (FSA) plans to introduce amendments to prevent insider trading in crypto markets, with increased fines and criminal charges for violators. The move aims to establish fair trading conditions for cryptocurrencies, bringing them under the same regulatory framework as traditional assets like stocks and bonds.

New York City has launched the first municipal office in the U.S. focused on digital assets and blockchain technology. The office will coordinate crypto policy and promote collaboration between city agencies and blockchain innovators. Moises Rendon has been appointed as the executive director. This move aligns with broader U.S. efforts to integrate blockchain into public…

Ethereum’s price is currently down 16.7% from its all-time high, trading at $4,120. A bull flag pattern has formed on the weekly chart, suggesting a potential 76% upside if a breakout occurs. Technical indicators are showing signs of a possible uptrend, with key resistance levels to watch for. This is not investment advice.

Bitcoin and Ethereum ETFs see renewed institutional interest with $339 million in inflows after consecutive days of losses. Bitcoin ETFs gained $102.6 million, led by Fidelity’s FBTC, while Ethereum ETFs attracted $236.2 million, primarily driven by Fidelity’s FETH. Market sentiment stabilizes as BTC holds above $112,000 and ETH nears $4,100.

U.S. prosecutors have charged Cambodia’s Prince Group and its chairman, Chen Zhi, with wire fraud and money laundering. The group was involved in a massive crypto scam empire that exploited victims through human trafficking and money laundering. Chen faces up to 40 years in prison if convicted.

OKX cryptocurrency exchange is taking action against funds linked to the Huione Group, designated a primary money laundering concern by U.S. authorities. Transactions will be closely monitored, with possible asset freezes and service terminations. Huione Group, accused of facilitating scams, is being targeted by regulators to prevent illicit financial activity.

Despite recent market crashes and increased short positions, stablecoin inflows have remained strong, with USDT and USDC generating $74 billion in new inflows. Matrixport highlighted the growth and maturity of the stablecoin market, now exceeding $300 billion in value, as a sign of the crypto industry’s diversification and resilience.