Author: boss

Bitcoin seizure reaches 1,000 BTC in Irish drug case

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Ireland’s Criminal Assets Bureau and Europol have secured another 500 BTC tied to Clifton Collins, bringing recovered funds from the dormant wallet cluster to 1,000 BTC. Summary Bitcoin seizure grew after Ireland and Europol secured another 500 BTC from Clifton Collins-linked wallets. Arkham data shows 1,000 BTC have moved from the dormant entity since March 2026 now. About 5,000 BTC remain labeled as lost keys, keeping the Irish case under market watch. Ireland’s Criminal Assets Bureau said it secured another cryptocurrency wallet linked to an earlier criminal case, with support…

Rwanda’s CMA Moves to License Crypto Exchanges as Unapproved Platforms Face Penalties

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Key Takeaways Parliament passed a law granting Rwanda’s CMA explicit power to license and regulate virtual asset providers. Jerome Ndayambaje noted bitcoin faces high scrutiny, while some of the world’s 9,000 cryptos will be blocked. The CMA is currently drafting secondary regulations to formally launch its licensing regime for crypto firms. Mandatory Licensing for Crypto Service Providers Rwanda’s Capital Markets Authority (CMA) has outlined how its upcoming virtual asset regulations will govern cryptocurrency trading, token issuance and digital investment platforms, following Parliament’s recent approval of a landmark bill establishing the…

Qivalis Euro Stablecoin Consortium Expands to 37 Banks

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Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries. The new members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. The Amsterdam-based consortium is targeting a second-half 2026 launch, according to a statement shared with Cointelegraph. “We are not merely building payment rails; we are ensuring that European principles around data protection, financial stability and regulatory rigour are embedded into the next generation of digital money,” said Howard Davies, chairman of Qivalis’ supervisory board.…

Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle?

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BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on Bitcoin’s valuation. A Chart Pattern Worth Watching On the technical side, traders point to a possible cup-and-handle pattern, but this is a subjective chart formation with no guarantee of outcome. Resistance is often cited around…

OpenAI Opens First Overseas AI Lab in Singapore With $234M Commitment

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OpenAI is opening its first applied AI lab outside the US in Singapore through a multiyear partnership with the Ministry of Digital Development and Information, backed by more than $234 million. The AI company said Tuesday that the new lab will add more than 200 technical roles over the next few years, making Singapore one of OpenAI’s global hubs for Forward Deployed Engineers (FDE), or technical specialists who work directly with organizations to implement AI systems. “Through OpenAI for Singapore, we want to help more organisations benefit from frontier AI,…

Could Bitcoin price surge to $95K as analyst points to a bullish MVRV setup?

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Bitcoin price remained under pressure on Wednesday, but crypto analyst Ali Martinez believes the recent correction may actually be setting the stage for another rally toward $95,000 as key on-chain MVRV indicators begin flashing long-term accumulation signals. Summary Analyst Ali Martinez said Bitcoin’s MVRV ratio slipping below its 180-day SMA may signal a long-term accumulation phase, with pricing bands suggesting a potential rally toward $94,850. U.S. spot Bitcoin ETFs recorded $331 million in net outflows on Tuesday, extending a three-day withdrawal streak that has now totaled nearly $1.27 billion. Bitcoin…

Wintermute Says Bitcoin Rally Was A Squeeze, Low $70ks Loom

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Wintermute said Bitcoin’s latest rally has failed its first major macro test, arguing that the move was driven more by leverage and short covering than by durable spot demand. In its May 18 market update, the trading firm pointed to hot inflation, rising Treasury yields, ETF outflows and renewed rate-hike pricing as the backdrop behind a sharp reversal across digital assets. “Last week we said we’d find out fast what kind of rally this was. We found out,” Wintermute wrote. “BTC failed at the 200-day on the first real macro…

K33 Research Says Bitcoin’s $60K Bottom Was Bear Market’s Maximum Drawdown

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Key Takeaways K33’s Vetle Lunde says $60K was likely the 2026 bitcoin bear market’s maximum drawdown. Funding rates have been negative for 81 consecutive days, signaling uniquely pessimistic market sentiment. K33 projects bitcoin consolidating between $60,000 and $75,000 with no repeat of 80%-plus crashes. Bitcoin’s Downside Capped at $60K In a research note published this week, K33’s head of research, Vetle Lunde, argued that the conditions defining the 2026 bear market make an 80%-plus collapse (akin to those seen in 2018 and 2022) structurally unlikely. She added that the 2025…

Bitwise Says HYPE ‘Most Mispriced’ Cryptocurrency

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Crypto asset manager Bitwise has called Hyperliquid “one of the most mispriced assets in crypto today,” despite its outperformance so far this year. “Hyperliquid is one of the most important crypto projects to emerge in years,” Bitwise investment chief Matt Hougan said in a note on Tuesday.  “Its native token, HYPE, is the best-performing large-cap crypto asset of 2026, up 77% YTD [year to date]. And yet I still think investors are underestimating its impact and its value.” Bitwise launched a HYPE exchange-traded fund on the New York Stock Exchange…

Trump Orders a Review Into Banking Barriers for Fintech Firms

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US President Donald Trump signed an executive order on Tuesday to review any barriers that might be stifling fintech innovation or preventing access to banking partnerships and payment rails. The order directs the Federal Reserve Board to evaluate the legal, regulatory and policy framework governing fintech and crypto firms’ access to Federal Reserve payment systems and submit a report to Trump within 120 days. The governors have also been asked to assess the Federal Reserve’s legal authority to grant direct access to fintech and crypto firms and to explore “options…