Author: boss

Relm Insurance Launches Crypto and Cannabis Kidnap Coverage – Crypto News Bitcoin News

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Key Takeaways: Relm Insurance launched a K&R product to protect web3 and cannabis leaders from rising physical threats. Crypto attacks from 2024 to 2026 comprise over 33% of all-time sector violence, driving niche demand. Clients gain a 10% mitigation allowance for proactive training and 24/7 access to security directors. Relm Responds to Targeted Threats in Frontier Industries Bermuda-based Relm Insurance has launched a specialized kidnap and ransom (K&R) insurance product tailored for the Web3 and cannabis sectors. The move marks a shift in the specialty insurance market, addressing a new…

Lib Dems Urge FCA Probe into Farage Over Stack BTC Bitcoin Promotion

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UK Liberal Democrats have urged the Financial Conduct Authority (FCA) to investigate Nigel Farage’s ties to Bitcoin treasury company Stack BTC after it disclosed a 37 Bitcoin purchase and published promotional material featuring the Reform UK leader, who is also a shareholder. In a letter to the FCA, Liberal Democrat deputy leader Daisy Cooper asked the regulator to investigate whether Farage breached market rules by appearing in a promotional video for Stack BTC while holding a financial stake in the company. “The FCA must investigate whether Farage’s plans to cash…

Bitcoin $50K Bottom Call Faces Pushback As Price Nears $75K

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Previous bear markets left scars that are hard to ignore. The 2017 crash wiped out more than 80% of Bitcoin’s value. The 2021 collapse took nearly 77%. So when a fresh wave of analysts began calling for a drop to $50,000, the warnings carried weight — at least on paper. Related Reading A Different Kind Of Cycle Nick Ruck, director of LVRG Research, said the $50,000 level was being eyed as the last major buying opportunity before any real recovery could take hold. A drop to that price, he said,…

Bitcoin price eyes ascending triangle breakout, will it reclaim $80,000?

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Bitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escalation of the U.S.-Iran war. Bitcoin is now close to breaking out of an ascending triangle that could push it higher this week. Summary Bitcoin price climbed toward $75K on U.S.-Iran ceasefire hopes and easing inflation fears as oil prices dropped. A $225 million short squeeze across derivatives markets accelerated BTC’s rally and strengthened bullish momentum. BTC is approaching a breakout above $76K from an ascending triangle, with $80K as the next key resistance level. According…

Shrinkflation Hits Brazilians as Middle East Conflict Pushes Prices Higher – Economics Bitcoin News

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Key Takeaways: With Brazil’s March inflation at 4.14%, firms adopted shrinkflation, ensuring prolonged consumer pain next. Bloomberg notes that March food prices surged 1.56% due to Middle East war costs, ensuring tighter budgets next. Despite a 7% Jan. wage hike, angry voters blame Lula da Silva, making his upcoming reelection bid uncertain. Shrinkflation Hits Brazilian Households Even as Lula Jumps to Lighten the Burden Shrinkflation, a term made famous by former U.S. President Joe Biden during his last reelection bid, has entered the Brazilian economy. According to reports, companies have…

If This Happens, Dogecoin Won’t Stop Until It Crosses $1; Analyst

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The expectation that the Dogecoin price will cross $1 is not new, especially for investors who witnessed the historic 36,000% rally in 2021. This rally which was spurred on by billionaire Elon Musk had seen the meme coin rise from less than $0.03 to over $0.7. While this had shown Musk’s influence, it had also shown the potential of meme coins like Dogecoin to move rapidly to new all-time highs. Thus, triggering the expectation that the meme coin could see a similar run. Dogecoin At $1 Is Simply Expected Over…

Criminal Group Attempting To Extort Kraken Over Exposed Client Data, Chief Security Officer Says Exchange ‘Will Not Pay These Criminals’

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The chief security officer at Kraken says the exchange is being targeted by a criminal group attempting to extort the company. In a new statement, Nick Percoco says Kraken’s core systems and client funds have not been compromised and that the company will not negotiate with the perpetrators. “We are currently being extorted by a criminal group threatening to release videos of our internal systems with client data shown if we do not comply with their demands. It’s important to start with the most important points: our systems were never…

Circle, Dunamu Partner on Crypto Education in South Korea – Crypto News Bitcoin News

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Key Takeaways: Circle and Dunamu signed a 2026 deal to boost USDC education, strengthening Korea’s crypto trust. Upbit operator Dunamu’s partnership with Circle signals tighter compliance in South Korea’s market. Jeremy Allaire targets Korea growth, with stablecoin plans likely as regulations evolve. USDC Issuer Circle Expands Korea Ties With Dunamu Circle, the issuer of the USDC stablecoin, has entered into a partnership with South Korea’s Dunamu, operator of the country’s largest cryptocurrency exchange Upbit, as both firms seek to deepen engagement in one of Asia’s most active digital asset markets.…

US Opens Compensation Claims for OneCoin Victims

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The US Department of Justice has launched a compensation process for victims of the $4 billion crypto Ponzi scheme OneCoin, using forfeited assets taken from some of the scheme’s architects. The Justice Department said on Monday that more than $40 million in forfeited assets is available to compensate anyone who purchased OneCoin between 2014 and 2019 and recorded a net loss. Jay Clayton, the US Attorney for Manhattan, said the compensation process was “an important step toward returning funds to those harmed.” OneCoin was launched in 2014 with the goal…

XRP Could Face Big Moves Based On CLARITY Act Outcomes – 3 Key Price Scenarios

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A new report released on Monday by market analyst Sam Daodu lays out three potential paths for the XRP price this month, with the deciding factor tied to the US crypto market structure bill known as the CLARITY Act.  Daodu expects the bill to reach some kind of resolution within the remaining two weeks of April, and he argues that how the next few days unfold could determine whether XRP continues consolidating—or breaks out of its current trading zone. Why April Holds The Key According to Daodu, the Banking Committee…