The Gwangju District Prosecutors’ Office is investigating the disappearance of Bitcoin seized from government custody. Summary Multiple Bitcoins went missing in mid-2025 after private key credentials were exposed in a phishing attack, resulting in irreversible transfers. Media and internal sources put the value at roughly $48–49 million, though authorities have not confirmed exact amounts. The incident raises concerns about government cryptocurrency custody practices and comes amid South Korea’s expanding legal framework treating digital assets as seizable property. Multiple Bitcoins reportedly went missing during the prosecutors’ storage and management process, with…
Category: Bitcoin News
Bitcoin at $1M Isn’t a Dream —Ark’s Math Says the Market Is Dangerously Late
Ark Invest’s latest framework argues bitcoin’s path to seven-figure valuations is driven by adoption math and fixed supply, making today’s prices the anomaly as institutional, digital gold, and sovereign demand converge. Ark’s $1M Bitcoin Framework Suggests Today’s Prices Are the Real Outlier Ark Investment Management has released its Big Ideas 2026 report outlining long-term views […] Original
Bitcoin hovers near $90K as stocks rebound, gold hits record
Cryptocurrency markets declined modestly on Thursday, with Bitcoin trading near $90,000 despite gains in equities and fresh record highs in precious metals. Summary Bitcoin hovered just below $90,000 and traded flat despite gains in equities and record highs in gold and silver. Ether declined even as BitMine Immersion accumulated a large amount of ETH, becoming a significant holder of total supply. Most major alternative cryptocurrencies were flat or slightly lower during Thursday’s session. Bitcoin remained largely unchanged over a 24-hour period after declining earlier in the session, according to market…
As Gold Shines, Bitcoin Believers Say BTC’s Real Move Hasn’t Started
This week, bitcoin is trading 29% below its all-time high from October, when the bellwether digital asset cleared $126,000 per coin, leaving its most ardent backers to reckon with an uncomfortable reality: precious metals like gold have been stealing the spotlight. Still, plenty of die-hard crypto believers remain convinced that once gold’s run loses steam, […] Original
$100K Bitcoin Setup Strengthens as Macro Data Clears the Way
Bitcoin steadied near key support as inflation data clarified policy expectations, reinforcing higher-for-longer rates while strengthening the case for crypto as a macro hedge amid geopolitical shifts and renewed ETF-driven demand. PCE Comes in Line and a Strategist Sees Bitcoin Gearing up for $100K A fresh set of macroeconomic signals sharpened market expectations as investors […] Original
Bitcoin Consolidates Near $90K Amid Volatility as Cooling PCE Inflation Fuels Risk‑On Sentiment
Global markets rallied after U.S. President Donald Trump de-escalated trade tensions with Europe and Greenland, sparking a relief surge across equities. Bitcoin mirrored this volatility, plunging to $88,200 before rebounding to $90,000, though it remains down 7% weekly. Global Markets Surge on ‘Greenland Framework’ Global markets shifted into a relief rally today as the shadow […] Original
Bitcoin Arbitrage Yields Shrink as Institutions Pull Back
A sharp compression in bitcoin futures spreads is eroding the appeal of the cash-and-carry trade that once drew billions from institutions. Falling yields and shifting market structure now point to a more mature crypto derivatives market. Wall Street Retreats From Bitcoin’s Once-Lucrative Basis Trade One of Wall Street’s most dependable bitcoin strategies is rapidly losing […] Original
Is Quantum Computing Casting a Shadow Over Bitcoin’s Price?
Over roughly the past year, discussion has grown more pointed over whether the accelerating pace of quantum computing could eventually threaten the Bitcoin network. This week, prominent crypto advocate and Castle Island Ventures partner Nic Carter contended that bitcoin’s “underperformance,” which he links to quantum-related anxieties, is the only storyline that truly deserves attention this […] Original
Bitcoin price at risk, Fed rate cut odds fall
Bitcoin’s price remained in a tight range today, January 22, as investors reacted to new developments on Greenland and to ongoing ETF outflows. Summary Bitcoin price retreated after the US released strong GDP data. The numbers pushed the odds of Federal Reserve interest rate cuts this year. Technical analysis suggests that Bitcoin may continue falling, potentially to the key support at $80,000. Bitcoin (BTC) was trading at $89,400, a few points above this week’s low of $87,200. Still, there is a risk that the coin will continue to fall now…
Selling Pressure Intensifies as Bitcoin, Ether ETFs Lose $1 Billion
Crypto exchange-traded fund (ETF) selling accelerated midweek as bitcoin and ether funds suffered another wave of aggressive exits. XRP and Solana offered limited relief, posting modest inflows amid broader market stress. ETF Capitulation Continues With Bitcoin, Ether Hit by Massive Outflows The sell-off showed no signs of slowing. What began as post-holiday caution quickly hardened […] Original