Category: Bitcoin News

Quantum computing threat to Bitcoin may arrive sooner than expected: report

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A new quantum computing report has warned that the cryptocurrency industry may be running out of time to prepare for cryptographic attacks that could eventually threaten more than $2 trillion in digital assets. Summary Quantus warned that quantum computing progress has accelerated faster than much of the crypto industry’s post-quantum planning. The report said millions of lost Bitcoin could become exposed because inaccessible wallets cannot migrate to quantum-resistant addresses. Researchers behind the report said recent advances from Google and other quantum firms have reduced the estimated resources needed to break…

FBI Pulls $40M in Gold Bars From CIA Official’s Fairfax County Home in Theft Case – Bitcoin News

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Key Takeaways FBI agents seized 303 gold bars worth over $40M from CIA official David Rush’s Virginia home on May 18, 2026. Rush allegedly fabricated degrees and military service for nearly 20 years to maintain top-secret CIA clearance. Like DEA Agent Carl Mark Force IV in 2015, Rush faces federal theft charges for exploiting insider access to divert government assets. Senior CIA Official David Rush Faces Federal Theft Charge David Rush, who held a senior executive service-level position and top-secret/sensitive compartmented information clearance at the CIA, now faces a federal…

Bitcoin Price Extends Decline Rapidly As Key Supports Collapse

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Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay…

Strive’s Bitcoin buying spree crosses a rare daily supply line

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Strive, Inc. has used its SATA preferred stock program to buy an estimated 490 BTC in a single day, surpassing the Bitcoin network’s average daily issuance of roughly 450 BTC. Summary Strive’s SATA preferred stock program bought an estimated 490 BTC in one day, above Bitcoin’s average daily issuance of about 450 BTC. SATA generated an estimated $35.3 million in ATM proceeds on Wednesday, based on tracker data showing $66.9 million in trading volume. Strive’s latest SEC filing confirmed the purchase of 1,109 BTC between May 19 and May 22,…

Another Set of Long-Silent Bitcoin Wallets Move Millions During BTC Decline

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Key Takeaways Bitcoin wallets from 2014 and 2017 moved 150.81 BTC across multiple transfers on May 26. Coinbase received 53.96 BTC from a 2014 wallet, raising potential sale speculation. Blockchair privacy scores of 45 and 55 suggest more dormant BTC may soon awaken. Vintage Bitcoin Wallets Continue to Reactivate Earlier this week, Bitcoin.com News reported on five bitcoin wallets established in 2014 that transferred a combined 964.85 BTC, and since that report, another, albeit smaller, wave of dormant coins has continued to reappear from long-inactive addresses. Another 2014 wallet, created…

Circle and Nium Partner to Fuel USDC Cross-Border Crypto Payments – Bitcoin News

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Key Takeaways Nium joined the Circle Payments Network on May 27, 2026, to connect USDC stablecoin settlement with fiat payouts. The integration expands Circle Payments Network utility, which recorded an $8.3 billion annualized volume in March 2026. Global institutions can now execute end-to-end USDC transfers to over 190 countries via a single payment rail. Circle Internet Group Connects USDC Settlement with Nium Cross-Border Infrastructure The collaboration integrates Nium into the Circle Payments Network, an infrastructure stack operated by Circle Technology Services LLC. Through the agreement, financial institutions utilizing the network…

SpaceX IPO could reveal a $1.4B Bitcoin bet hiding in plain sight: Grayscale

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SpaceX has emerged as a potential major public Bitcoin holder as Grayscale Research links the company’s planned June listing to its reported BTC treasury Summary SpaceX could become the largest diversified public company holding Bitcoin if its planned June listing goes through. Grayscale said SpaceX holds 18,712 BTC worth about $1.4 billion, which would make it the eighth-largest known corporate Bitcoin holder globally. SpaceX’s Bitcoin would still represent only about 0.1% of its projected $1.75 trillion valuation. Grayscale Research said Elon Musk’s SpaceX could rank as the largest publicly traded…

Polymarket Pushes KYC on Crypto Traders as Geoblocking Gaps Draw Global Scrutiny – Bitcoin News

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Key Takeaways Polymarket reportedly is pushing KYC verification on traders amid OFAC sanctions exposure and porous geoblocking as of May 2026. Spain ordered ISP blocks against Polymarket in May 2026, joining a growing list of 33-plus restricted jurisdictions. U.S. House lawmakers sent Polymarket a letter in May 2026 demanding answers on KYC enforcement and suspicious trading detection. Polymarket Cracks Down on Non-KYC Users The Information’s Michael Roddan reports that the platform is blocking suspicious accounts and cracking down on VPN usage, which traders in restricted jurisdictions have long used to…

Kraken Rolls out Bitcoin Vault With 2.5% APY for Long-Term BTC Holders in the US

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Key Takeaways Kraken launched Bitcoin Vault on May 27, 2026, offering BTC holders up to 2.5% APY in auto-compounding BTC rewards. The vault routes funds through Aave and Morpho via a Veda-powered, Sentora-managed strategy on the Ink network, with DeFi risk including potential total loss. Kraken’s DeFi Earn suite surpassed $240M in inflows in 2026, and Bitcoin Vault extends that infrastructure to BTC with a five-day withdrawal period. Kraken Bitcoin Vault Goes Live: BTC Holders Can Now Earn Yield The new product sits inside Kraken’s Earn suite alongside its existing…

Bitcoin price holds $75K as ETF demand weakens

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Bitcoin price hovered near the $75,000 zone on Wednesday as volatility cooled and traders watched whether the latest support area could hold. Summary Bitcoin price trades near $75K as lower volatility and weak spot demand limit buyer conviction. BTC faces pressure from Bitcoin ETF outflows and signs of lower institutional exposure in spot funds. Traders are watching $74,662 support, with $76,327 acting as the first recovery level near term. (BTC) traded around $74,834 after sliding 2.02% over 24 hours, with intraday movement between $74,708 and $76,140. According to data from…