Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
In brief PCT Litigation Trust sued financial services firm Swan Bitcoin seeking repayment of nearly $1 billion in assets. The lawsuit alleges that Swan used...
Tag : Bitcoin
Hive Shares Hit Highest Price This Year After Bitcoin Miner Unveils Ontario 'AI Gigafactory'
In brief Hive Digital Technologies’ stock price jumped 26% on Monday, after touching its highest point this year, following the data center announcement. Hive’s subsidiary,...
Strategic Bitcoin Reserve framework firmly on the horizon: White House official
The White House says it has achieved a legal and custody “breakthrough” for the US Strategic Bitcoin Reserve, finally giving Washington a compliant way to...
Bitcoin, Ethereum ETFs Bleed as Crypto Funds Shed $1.07 Billion, Ending 6-Week Win Streak
In brief Iran tensions ended a six-week inflow streak with $1.07 billion in outflows, led by Bitcoin and Ethereum. The sell-off was almost entirely American;...
Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy
In brief Strategy purchased 24,869 Bitcoin last week for $2 billion, marking its largest acquisition in nearly a month. The purchase was funded by issuing...
Iran Pushes $10B Bitcoin Insurance Plan for Strait of Hormuz: Report
In brief The IRGC has promoted Hormuz Safe, a platform that settles shipping insurance payments in Bitcoin, per state media reports. Europol has flagged 14,200...
Is It All Over For Bitcoin ATMs? Bitcoin Depot ATM Empire Collapses into Bankruptcy
Bitcoin Depot, once the largest Bitcoin ATM operator in North America with 9,276 kiosks across the U.S., Canada, and Australia, has filed for Chapter 11...
Bitcoin Slides Under $77K as Crypto Liquidations Top $672M Amid Bond Sell-Off
In brief The 10-year U.S. Treasury yield hit 4.63%—a 16-month high—up 70 basis points since the Iran War began, as odds of a 2026 rate...
Bitcoin Price Prediction: BTC Hits a 2-Week Low as Liquidations Top $500 Million
BTC is bleeding. Bitcoin price dropped as low as $76,500 this morning, a two-week low, shedding more than 2% as geopolitical shockwaves and a crowded...
Bitcoin falls to $76K after Trump says ‘clock is ticking’ for Iran
Bitcoin (BTC) dropped to $76,000 during the early Asian trading hours on Monday as US-Iran tensions resurfaced. Key takeaways Bitcoin falls to $76,500 as bearish...