Crypto analyst Rekt Capital says Bitcoin (BTC) may not have reached its bear market bottom, arguing that historical market cycles suggest there could still be additional downside ahead. In a new YouTube video, the analyst says the current market shares similarities with Bitcoin’s 2022 bear market while also exhibiting characteristics seen during previous cycles. According …
Category archives: Trending Crypto news
Crypto Biz: Bitcoin maximalism meets the realities of capital markets
Strategy authorizes Bitcoin sales, Open USD takes on USDT and USDC, Fidelity defends Bitcoin security and crypto ramps up political spending for 2026. For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed. The company authorized up to $1.25 billion in Bitcoin sales under …
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Bitcoin price tags $62.3K nine-day high after global stocks hit historic record
Bitcoin set new highs for July after the Dow Jones and global stocks market cap set new all-time highs before the US Independence Day holiday. Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period. Key points: Read more Go to Source
Florida Grandmother Loses $60,000 Life Savings in Hours From Citibank Accounts
A retired Florida grandmother has lost more than $60,000 from her Citibank accounts in a matter of hours. The funds she and her husband saved over 40 years through hard work and sacrifice vanished via unauthorized wire transfers to someone named ‘Jada H.’, reports WINK News. Dolores Dagrosa says she discovered the missing money upon returning …
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West Virginia Woman Accused of Stealing Bank Card Info, Draining $18,000 From Victim Through Cash App
A West Virginia woman has been arrested on 127 counts of fraud after allegedly draining nearly $18,000 from a victim’s bank account through unauthorized access. West Virginia State Police launched an investigation after the victim reported repeated unauthorized withdrawals totaling approximately $18,000 over several months, reports WSAZ News. Detectives traced the activity to 37-year-old Ashley …
Railroad Firm Sending $265,000,000 to Ohio Residents Over Train Derailment
A railroad company is now sending payments from a $265 million settlement fund to residents impacted by a catastrophic train derailment in Ohio. The lawsuit targeted the railroad for the February 3rd, 2023, derailment of a train and the subsequent controlled burn of vinyl chloride-laden railcars. Plaintiffs accused the railroad of negligence in track maintenance …
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New York Payroll Firm Handing $162,000,000 To Workers In Wage Settlement
A New York-based firm is preparing to pay workers a total of $162 million in a proposed class action settlement. Public Partnerships LLC agreed to the proposed $162 million settlement in Calderon et al. v. Public Partnerships LLC, according to court filings. The lawsuit was launched because the firm, which handles payroll and benefits for …
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Upbit says it only expressed interest in future OUSD participation
Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from the OUSD initiative. South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, after its operator Dunamu was named among more than 140 businesses involved in …
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StanChart joins ESMA’s first MiCA register update since deadline
ESMA publishes its first post-deadline MiCA register update, adding 37 crypto-asset service providers, including Standard Chartered and FalconX. The European Securities and Markets Authority (ESMA) has published the first update to its register of crypto companies under the European Union’s Markets in Crypto-Assets Regulation (MiCA) after the transitional period ended Wednesday. Friday’s update to the …
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Zcash’s Ironwood upgrade faces possible delay over infrastructure readiness
Shielded Labs said exchanges, mining pools and wallets may need more time to complete Zcash’s Z3 software migration and safely prepare for Ironwood. Shielded Labs has raised the possibility of delaying Zcash’s Ironwood network upgrade, warning that ecosystem participants like exchanges, mining pools and wallets may not have enough time to prepare their systems for …
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Bitcoin supply metric prints first ‘buy’ signal since late 2022 as bear market continues
Bitcoin supply dynamics pointed toward the end of the 2026 bear market after the first “buy” signal since November 2022, but analysis warned that BTC price could still go lower. Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022. Key points: Read more Go to Source
Florida Clinic Paying $10,000,000 To Data Breach Victims In Settlement
A Florida medical clinic is preparing to pay affected individuals a total of $10 million in a proposed class action settlement. The clinic has agreed to the resolution covering claims related to a data security incident, according to the official settlement website. The lawsuit was launched alleging the clinic failed to adequately protect sensitive patient …
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Man Drains $85,100 From East Coast Bank Accounts by Impersonating Legitimate Customers – Here’s How He Got Caught
A man has admitted to stealing over $85,000 from people’s bank accounts on the East Coast. Scott Bagley of Bangor, Maine, has pleaded guilty to conspiring with others to impersonate legitimate bank account holders to obtain money from their accounts, says the U.S. Department of Justice. The scheme involved accessing and draining funds from multiple …
Man in Massachusetts Admits To Stealing $700,767 in Treasury Checks, Orchestrating Bank Fraud Scheme: DOJ
A man in Massachusetts is heading to prison for bank fraud involving the theft of over $700,000 in U.S. Treasury checks. Nnamdi Opara, 31, of Woburn, pleaded guilty to two counts of bank fraud and five counts of money laundering, says the U.S. Department of Justice. Opara “wrongfully obtained” two Treasury checks issued to a …
India’s central bank revives push to isolate banks from crypto: Report
The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated tokenization. The Reserve Bank of India (RBI) reportedly backed a containment strategy for digital assets to shield banks and other financial institutions from exposure to crypto and privately issued stablecoins, as lawmakers prepare a …
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