Category: Bitcoin News

US government transfers seized Bitcoin linked to steroid probe

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The US government moved a small amount of bitcoin on April 10 from wallets that Arkham Intelligence linked to a criminal case. The transfer involved 2.438 BTC, worth about $177,000, sent to a Coinbase Prime address. Summary US government moved 2.438 BTC from seized wallets tied to an alleged steroid conspiracy case. Arkham linked the funds to Glenn Olivio, who faced charges filed in 2025. The transfer renewed focus on how seized bitcoin moves under the federal reserve policy. Arkham data showed two separate transactions from wallets labeled “U.S. Government:…

Stablecoin Market Cap Hits All-Time High of $318.6B, Eyes $320 Billion Milestone – Crypto News Bitcoin News

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Key Takeaways: The stablecoin market hit an all-time high of $318.6B, needing just $1.4B to reach $320B. USDC gained $1.27B in seven days while Ethena’s USDe has fallen 60.61% since October 2025. Blackrock’s BUIDL posted the week’s top gain at 5.29%, signaling rising institutional demand. Stablecoin Sector Just $1.4 Billion Away From $320 Billion Milestone Figures compiled by defillama.com show the stablecoin economy expanded by 0.43% over the past week. At $318.605 billion, the sector needs just $1.395 billion more, or 0.438%, to reach the $320 billion milestone. Tether (…

OKX Invests in Vietnam Exchange CAEX Ahead of Crypto Pilot – Crypto News Bitcoin News

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Key Takeaways OKX invested in CAEX to meet Vietnam’s $380 million pilot requirement, advancing regulation. CAEX, backed by OKX and Hashkey, signals a shift to compliant platforms across Southeast Asia. OKX expands 2026 regulatory push after Malta license, as it aims to lead efforts in shaping Vietnam’s crypto market. Vietnam’s CAEX Gains OKX Support for Regulated Crypto Push OKX has taken a strategic stake in Vietnam’s CAEX exchange, positioning itself to support the country’s push toward regulated cryptocurrency trading. The investment, made alongside local partners including VPBank Securities and LynkiD,…

Bitcoin nears $73K again as ETH and HYPE push higher

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Bitcoin (BTC) extended its upward move over the past 24 hours and reached its highest level in three weeks.  Summary Bitcoin climbed above $73,000 as traders weighed cease-fire updates and stronger March CPI data yesterday. Ethereum moved back above $2,200, while HYPE and DASH posted gains across the altcoin market. RAVE surged 100% in one day and entered the top 100 tokens. The broader crypto market also moved higher, with Ethereum (ETH), HYPE (HYPE), and RAVE among the tokens posting gains. Bitcoin traded in a tight range between $66,000 and…

Iran Bitcoin toll report raises questions over oil ship payments

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Reports that Iran may accept crypto for oil tanker tolls in the Strait of Hormuz have sparked debate across the digital asset market.  Summary Reports on Iran’s possible crypto tolls for oil tankers have split opinion across Bitcoin and stablecoin circles. Analysts said stablecoins face freeze risks, while Bitcoin supporters called BTC harder to block or control. Galaxy’s Alex Thorn said tanker payments may use Bitcoin addresses, not Lightning, due to size limits. The discussion followed a Financial Times report that linked the proposal to Iran’s efforts to reduce exposure…

‘People Don’t Want It’ – Economics Bitcoin News

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Key Takeaways: Javier Milei admits his dollarization push stalled; citizens favor the peso, complicating future reforms. Milei’s currency competition policy, allowing currencies like the dollar to be used, failed, leaving the peso as the default currency. After lifting currency restrictions, Scott Bessent and the U.S. intervened in October to stabilize the peso’s value. President Javier Milei Explains Why Argentina Has Not Adopted The Dollar Yet President Javier Milei has explained why the process of dollarizing Argentina might be more complex than expected, as it has hit a solid roadblock. Milei,…

Digital Asset Firm Tok-Edge Hits $15 Million Valuation, Eyes $100 Million Target – Bitcoin News

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Key Takeaways: Tok-Edge secured a $15 million valuation and a $1.5 million seed round led by Marcus Meijer. The firm’s Redemption Token on Ethereum bridges TradFi assets with DeFi utility and liquidity. Tok-Edge plans a $100 million first close for its flagship fund later in 2026 to scale its model. Fundraising Goals Digital asset pioneer Tok-Edge has announced an ambitious roadmap to secure a $100 million first close for its flagship fund later in 2026. The firm, led by a team of traditional finance and crypto veterans, also confirmed it…

US inflation hits 3.3% as Bitcoin jumps above $72K after CPI

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The US Bureau of Labor Statistics reported that headline Consumer Price Index inflation rose 0.9% in March from the previous month.  Summary US March CPI rose 3.3% yearly as energy prices surged and gasoline costs jumped sharply. Bitcoin climbed above $72,000 after the inflation report despite rising pressure on Federal Reserve policy. Traders see a 98.4% chance the Fed will keep rates unchanged in April. On a yearly basis, CPI increased 3.3%, keeping inflation above the Federal Reserve’s 2% target. The report showed that energy costs drove much of the…

David Bailey’s Nakamoto Eyes Reverse Stock Split to Avoid Nasdaq Delisting – Crypto News Bitcoin News

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Key Takeaways Nakamoto stock currently trades at $0.21, as the company seeks a reverse stock split before June 8 to meet the Nasdaq $1 rule. Recent deals by CEO David Bailey and outstanding 690 million shares have raised dilution fears, amid declining investor confidence. Nakamoto sold 284 BTC in March but holds 5,058 BTC, with listing outcome shaping its next strategy. Bitcoin Treasury Firm Nakamoto Moves to Lift Share Price Nakamoto, a publicly traded bitcoin treasury firm, is preparing to seek shareholder approval for a reverse stock split as it…

Senators Probe Trump Token Activity as Political and Financial Risks Emerge – Featured Bitcoin News

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Key Takeaways: Senators Warren, Schiff, and Blumenthal probe TRUMP token event tied to Mar-a-Lago access model. TRUMP token volatility spiked to $3.08 before a sharp drop, signaling fragile speculative demand. Lawmakers cite $4.3 billion retail losses as TRUMP and MELANIA expose market imbalance risks. Senators Investigate Trump-Linked Memecoin Event Structure A political push to scrutinize crypto-linked presidential activities is intensifying regulatory attention across digital asset markets. The Senate Banking, Housing, and Urban Affairs Committee announced on April 9 that U.S. Senators Elizabeth Warren (D-MA), Adam Schiff (D-CA), and Richard Blumenthal…