Tag Archives: digital currency

Brazil’s Central Bank Hacked—$40M In Crypto Washed In Aftermath

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Bitcoin is again in the spotlight as hackers hogged the headlines following a June 30 attack on C&M Software. The breach sent shockwaves through Brazil’s banking system. Hackers slipped into the company that links smaller banks and fintechs to the Central Bank’s PIX platform. In about two and a half hours, they moved roughly 800 million… Continue reading Brazil’s Central Bank Hacked—$40M In Crypto Washed In Aftermath→

XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’

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Proponents of XRP are stepping up their pitch this week, calling the token “one of the greatest wealth transfers in history.” They argue it’s more than just another crypto. You’ll hear claims that XRP is already reshaping global finance and leaving old systems in the dust. According to influencer Coach JV, Ripple is building a whole… Continue reading XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’→

The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead

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According to recent data, public companies have raced ahead of Bitcoin spot ETF issuers by snapping up more than twice as much BTC in the first half of 2025. Public firms added 245,510 BTC to their balance sheets from January through June, a 375% jump over the 51,653 BTC they bought in the same stretch… Continue reading The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead→

Bitcoin Needs $140K To Match Peak Profits, On-Chain Data Shows

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Long‑term holders of Bitcoin may need to see a fresh high around $140,000 before they enjoy the same kind of profits they saw earlier this cycle. According to CryptoQuant, that price point lines up with past peaks in realized gains for those who have kept their coins untouched for at least six months. ‘Market Magnet’… Continue reading Bitcoin Needs $140K To Match Peak Profits, On-Chain Data Shows→

Long-Term Bitcoin Holders Near Pain Point Last Seen In October 2024

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According to CryptoQuant analyst Darkfost, long‑term Bitcoin holders are sitting on unrealized gains last seen during the October 2024 market dip. Right now, those holders show an average profit of 220% on coins they bought and held for the long run. That figure is surprisingly low given Bitcoin’s recent surge back above $107,000. Lower Profit… Continue reading Long-Term Bitcoin Holders Near Pain Point Last Seen In October 2024→

The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength

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Bitcoin briefly climbed back above $100,000 this month, pushing close to the $108,000 level before a new pullback. The move looks strong on the surface. But based on reports from Glassnode, much of that surge came from traders using borrowed funds, not fresh buyers piling in. Speculative Bets Fuel Recent Rally According to on-chain data,… Continue reading The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength→

A Tale Of 3 Mayors And Bitcoin’s Climb From $754 To $107,000

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According to Bitwise’s Jeff Park, Bitcoin has gone from a risky experiment to a six-figure asset over three New York mayoral terms. It started near $754 when Michael Bloomberg left office in December 2013. Now, as the city prepares for its next election, it’s trading above $107,000. These numbers show a rise of about 14,590%… Continue reading A Tale Of 3 Mayors And Bitcoin’s Climb From $754 To $107,000→

Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets

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Stablecoin backing is under fresh fire after outspoken economist and gold supporter Peter Schiff took aim at tokens tied to US dollar reserves. He argues that relying on a fiat currency he views as shaky makes little sense when a more stable asset exists. His comments have reignited a long‑running debate about what should sit behind… Continue reading Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets→

Bitcoin’s Momentum Wobbles—Analyst Predicts Correction Below $94K

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Bitcoin’s recent climb to $105,000 has done little to shake off the worries piling up around its momentum. The world’s biggest cryptocurrency eked out a 0.03% gain in the last 24 hours but still sits 3.5% lower than it did a week ago. According to analyst Captain Faibik, this mix of flat gains and fading… Continue reading Bitcoin’s Momentum Wobbles—Analyst Predicts Correction Below $94K→

Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity

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Tether acted swiftly Sunday when it froze $12.3 million worth of USDT on the Tron blockchain. Based on reports from Tronscan, this step targets wallets allegedly linked to money laundering and sanctions evasion. The company has not issued a public statement yet, but on‑chain data left little room for doubt. T3 Financial Crime Unit Shows… Continue reading Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity→