Category: Other Crypto News

South Korea Tax Office Eyes Private Custody After Seized Crypto Loss

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South Korea’s National Tax Service (NTS) is moving to select a private custody provider for seized crypto assets after a February press release exposed a wallet recovery phrase and triggered the unauthorized transfer of confiscated tokens. On Feb. 26, the NTS accidentally exposed a crypto wallet seed phrase in an official press release, resulting in the unauthorized transfer of crypto tokens valued at about $4.8 million. The release included an image of a Ledger cold wallet and a sheet of paper showing the mnemonic phrase without being blurred.  Citing people…

Bitcoin vs. Gold Bottom Emerges as BTC Bulls Defend $70K

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Bitcoin (BTC) has endured a 14-month bear market against gold, with the BTC/gold ratio and momentum indicators at historic lows that previously marked cycle bottoms. Key takeaways: The BTC/GOLD ratio is at historic lows as multiple indicators hint at a cycle bottom. Bitcoin price must hold $70,000 to avoid a deeper drop over the coming weeks. BTC/GOLD RSI, MACD print classic reversal signal Data from TradingView reveals that the relative strength index (RSI) of the BTC/GOLD ratio has begun climbing. The weekly RSI reached its most oversold level of 21…

Ethereum Price Is Headed For $8,500 If This Happens

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Ethereum, being the second-largest cryptocurrency by market cap, has often drawn a lot of attention as the next in line to replicate Bitcoin’s success. But despite Bitcoin rallying to new all-time highs, Ethereum has stayed below $5,000, unable to hit this major target. This has not deterred investors, however, with analysts still predicting that the Ethereum price will eventually beat the $5,000 mark and rally toward 5-figures in the end. Why Ethereum Price Could Cross $5,000 Following the initial decline from the $4,900 high that was registered back in 2025,…

Bitcoin Bearish Positioning Persists As Funding Rates Hold Negative

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Data shows the Bitcoin perpetual futures market has seen a negative Funding Rate recently, suggesting a bearish sentiment is dominant. Bitcoin Perpetual Futures Traders Are Betting On The Short Direction As highlighted by Glassnode analyst Chris Beamish in an X post, the Bitcoin perpetual futures Funding Rate has been negative recently. The “Funding Rate” here refers to an indicator that measures the amount of periodic fee that traders on the various centralized derivatives exchanges are paying each other right now. When the value of the metric is positive, it means…

Expected Returns And Price Targets

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Despite the crypto market’s renewed weakness on Thursday, a new AI-driven market model produced by Sam Daodu for 24/7 Wall St. projects higher year-end prices for Bitcoin (BTC), XRP, and Ethereum (ETH). AI Model Sees Bitcoin Rising 42% In 2026 Daodu’s analysis, which used ChatGPT as the modeling engine, places Bitcoin at the top of the trio, forecasting a roughly 42% gain from current levels and a year-end target near $105,000. Related Reading The AI model identified institutional demand and exchange-traded funds (ETFs) as the primary catalysts for its Bitcoin…

Dogecoin At $2 Is ‘Inevitable’ As Musk Revives ‘Dogefather’ Meme

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While some market observers suggest that Dogecoin (DOGE) could be primed for a massive price expansion, Elon Musk revived his popular meme after a long time, reigniting enthusiasm among crypto community members. Related Reading The ‘Dogefather’ Is Back? As investors wondered whether Elon Musk had abandoned Dogecoin, the Tesla CEO and X owner put the memecoin front and center of the crypto conversation after reviving his popular “Dogefather” meme. In a Thursday X post, the tech entrepreneur shared an AI-generated video recreating a famous scene from “The Godfather.” The video,…

Not All Wallets Equally Vulnerable to Quantum Risk: Galaxy

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The quantum risk to Bitcoin investors is real, but not all wallets are vulnerable, and the people best positioned to address it are working on it, says Galaxy Digital research analyst Will Owens. Owens said in a report on Thursday that, in theory, a quantum computer could derive private keys from public keys, allowing an attacker to impersonate the owner, forge a signature and steal coins.  However, he argued that not all wallets are equally vulnerable to this risk. “In fact, most wallets are not vulnerable today. Funds are at…

Super Micro Cofounder Charged for Allegedly Funnelling AI Servers to China

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US authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar scheme to smuggle advanced artificial intelligence chips from the US to China. The Justice Department said in a statement on Thursday that it had unsealed an indictment charging Yih-Shyan “Wally” Liaw, as well as Super Micro sales executives Ruei-Tsang “Steven” Chang, and Ting-Wei “Willy” Sun over the alleged conspiracy. Prosecutors said the trio violated US export control laws by conspiring “to sell billions of dollars’ worth of servers integrating sensitive,…

XRP Still In Danger Zone Without This Key Breakout: Analyst

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A price zone that held as a floor throughout all of 2025 is now blocking XRP from recovering. The $1.80 level — once a reliable support — flipped to resistance in January 2026, and the token has not come close to reclaiming it since. Until it does, one analyst says XRP remains “in deep trouble.” Related Reading A Channel Break That Changed Everything For most of last year, XRP traded inside a large parallel channel with a ceiling near $3.45 and a floor around $1.80. The token stayed within those…

Gemini Sued Over Alleged Deception for Post-IPO Pivot

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Gemini is facing a proposed class-action lawsuit in New York for allegedly misleading investors during and after the crypto exchange’s September initial public offering. The lawsuit was filed on Thursday in Manhattan federal court by shareholders against Gemini, its co-founders Tyler and Cameron Winklevoss, and company executives. Plaintiff Marc Methvin alleges that the company’s IPO documents portrayed Gemini as a growing crypto exchange focused on expanding its user base and international footprint, but that it made an “abrupt corporate pivot to a prediction-market-centric business model.” Gemini held its IPO in…