The social media platform X wiped out a cluster of high-volume bitcoin and crypto-related accounts after an alleged operation spanning more than ten accounts was accused of lifting other creators’ content and pulling more than $250,000 from the platform’s revenue-sharing program over roughly two years. An Alleged $250,000 Content Farm Gets X’s Attention The hammer […]
Caroline Ellison and Gary Wang received multiyear CFTC bans under final orders resolving their FTX-related civil cases. The regulator cited extensive cooperation and declined to seek restitution, disgorgement or civil penalties at this time. CFTC Finalizes Multiyear Restrictions The Commodity Futures Trading Commission (CFTC) announced Aug. 19 that former Alameda Research CEO Caroline Ellison and […]
The U.S. Treasury will at least double the maximum size of its buybacks for older long-term bonds to $4 billion per operation, a move that helped push yields lower and supported U.S. stocks, bitcoin and gold on Wednesday morning. The larger limit applies to liquidity-support buybacks in the 10- to 20-year and 20- to 30-year […]
Bitcoin briefly reached $65,000 on Tuesday morning, gaining 0.5% daily and over 2% weekly to push its market cap near $1.3 trillion. Bitcoin Rebounds Bitcoin briefly tapped $65,000 on Tuesday even as geopolitical tensions in the Middle East entered a critical phase following the expiration of the 60-day memorandum of understanding between the U.S. and […]
Amid August’s wave of dormant bitcoin suddenly waking up after the Coldcard exploit, a relic from 2012 joined the action, moving 212 BTC worth $13.72 million after sitting untouched for more than 14 years. Vintage BTC Holder Realizes a 584,725% Gain August has turned into a graveyard awakening for long-dormant bitcoin, with coins untouched for […]
Bitcoin is staring down five immediate sources of selling pressure even as five longer-term catalysts build a case for demand eventually returning. Bitcoin Headwinds Bitcoin traded near $64,738 on Tuesday, Aug. 18 at 12:10 p.m. EDT, roughly half its October 2025 peak. The market’s dividing line is increasingly hard to miss: The bearish forces are […]
Kraken has opened commission-free U.S. stock trading to eligible customers across the European Economic Area. The rollout combines traditional equities, tokenized stocks and crypto assets within one regulated account. Kraken Expands Stock Trading Across the EEA Eligible customers across the European Economic Area gained access to more than 7,000 U.S.-listed stocks on Aug. 18, when […]