Category: Bitcoin News

Vietnam Authorities Launch Probe Into Multi-Billion Dollar Crypto Fraud – Crypto News Bitcoin News

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Rapid Response and Formal Charges Authorities in Vietnam have launched a sweeping investigation into one of the country’s largest cryptocurrency fraud cases to date, detaining several high-profile figures accused of a multiyear scheme to misappropriate assets. From March 20 to 21, coordinated task forces across multiple provinces summoned more than 140 individuals for questioning and seized computers, phones, and financial records. According to local reports, investigators acted swiftly to prevent suspects from destroying documents or concealing assets. On March 23, the Security Investigation Agency of the Ministry of Public Security…

XRP Breaks Lower as Liquidations Deepen and Macro Risks Intensify Across Crypto Markets – Markets and Prices Bitcoin News

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XRP Downtrend Deepens as Key Support Faces Pressure At 9:11 a.m., XRP is trading at $1.33247, extending its recent decline as the price presses toward the lower end of its intraday range. The asset is down 3.07% over the past 24 hours, with the session high at $1.38237 and the low at $1.32559. Recent candles show a steady drift lower, with only brief attempts at stabilization failing to shift the broader short-term direction. From a 4-hour chart, XRP has formed a clear sequence of lower highs and lower lows following…

Bitcoin ETFs See $171 Million Outflow as Ether Extends Losing Streak – Markets and Prices Bitcoin News

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Crypto ETFs Slide Again: Bitcoin, Ether ETFs Deepen Losses While Solana Also Slips Confidence continues to erode across crypto ETFs. What began as a mild pullback has now turned into a more persistent wave of outflows, with little sign of immediate reversal. Bitcoin ETFs recorded a sharp $171.22 million in net outflows, marking another difficult session for the asset class. The selling was broad and consistent. Seven funds posted redemptions, highlighting the depth of the pullback. Blackrock’s IBIT led the decline with $41.92 million in outflows, followed by Bitwise’s BITB…

Bitcoin Drops Below $67,000 as Geopolitical Tensions and $14B Options Expiry Weigh on Markets – Markets and Prices Bitcoin News

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Options Expiry Bitcoin (BTC) fractured a key psychological floor Friday, plunging below the $67,000 mark for the first time since March 9. The retreat comes as market patience wears thin over the White House’s erratic maneuvers in the Middle East and traders brace for a massive quarterly derivatives settlement. President Donald Trump’s latest ten-day reprieve on potential strikes against Iranian energy infrastructure failed to ignite the peace rally some investors had anticipated. Market data shows the top cryptocurrency plummeted to a session low of $66,201 at approximately 7 a.m. EST.…

Bitcoin and Ethereum drop as Iran raises Hormuz war risk

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Two Chinese container ships linked to Cosco briefly moved toward the Strait of Hormuz on Friday before turning back near Iranian waters, adding to market concern over shipping access in the Gulf.  Summary Two Chinese-linked ships turned back near Hormuz as Iran enforced stricter control over vessel movements. Iran warned certain ships against transit, calling the strait closed to its stated enemies. Bitcoin and Ethereum fell as geopolitical tension increased and uncertainty spread across global financial markets. Meanwhile, the moves came as Iran’s Revolutionary Guard repeated that traffic tied to…

Tether Hires KPMG for First Full Financial Audit of USDT Reserves – Crypto News Bitcoin News

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Tether Reported to Hire KPMG for First Full USDT Audit The Financial Times reported on Friday that KPMG is the firm selected to perform the audit, citing people familiar with the matter. Tether had announced the engagement three days earlier without naming the auditor, describing the process as “the biggest ever inaugural audit in the history of financial markets.” The company has also reportedly retained PwC to help prepare its internal systems, controls, and reporting ahead of the review. The audit covers Tether’s full balance sheet, including U.S. Treasuries, cash…

Australia Fines Binance $6.9 Million Over Client Misclassification – Crypto News Bitcoin News

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Binance Hit With $6.9 Million Fine in Australia Case Binance’s Australian derivatives arm has been ordered to pay $6.9 million (A$10 million) after a federal court found serious failures in how it classified customers. The ruling marks one of the most significant enforcement actions against a crypto exchange in the country. The case stems from a lawsuit filed by the Australian Securities and Investments Commission (ASIC) in 2024. Regulators alleged that Binance Australia Derivatives misclassified a large portion of its users, exposing them to complex and high-risk crypto products without…

Bitcoin whales add 61,568 BTC as price slips again

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Bitcoin (BTC) remained under pressure on Friday as on-chain data showed large holders were still adding to their positions.  Summary Santiment said wallets holding 10 to 10,000 BTC added 61,568 Bitcoin over the past month. Bitcoin fell below recent highs as Bhutan-linked transfers and Middle East tensions added pressure again. Retail wallets with under 0.01 BTC kept buying, matching whale accumulation and delaying breakout signals. The move came as retail wallets also kept buying, while market sentiment stayed weak amid fresh geopolitical risk and renewed selling activity from Bhutan-linked wallets.…

Enlivex Announces $21M Debt Financing and Prediction Markets Treasury Expansion – News Bytes Bitcoin News

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Enlivex Ltd. announced the completion of a $21 million debt financing (DF) agreement with The Lind Partners in Nes-Ziona, Israel. The transaction, which closed on March 23, includes notes convertible into ordinary shares at a 264% premium to recent Nasdaq closing prices. The company exercised an option to acquire over 3 billion RAIN tokens at a 62% discount and extended its option to purchase additional tokens through December 31, 2027. This strategy reinforces their treasury built on the Rain decentralized prediction markets protocol, alongside a new $20 million share repurchase…

GameStop says Bitcoin position remains in place under Coinbase deal

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GameStop said it did not sell the 4,709 Bitcoin tied to its January balance sheet change.  Summary GameStop pledged 4,709 BTC with Coinbase Credit and kept economic exposure instead of selling outright. The covered-call strategy generated premium income but capped upside if Bitcoin rises above strike prices. GameStop reclassified the pledged Bitcoin and recorded digital asset receivables on its balance sheet. Instead, the company used the holdings in a covered-call arrangement with Coinbase Credit, according to its latest annual filing. GameStop’s latest 10-K filing showed that the company still kept…