Tag: Bitcoin

Bhutan’s Bitcoin sales enter third straight week with $6.7M BTC offload

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Bhutan has sold another 100 Bitcoin worth approximately $6.7 million, according to blockchain analytics platform Arkham Intelligence, which flagged the transaction in a recent post. Summary Bhutan sold another 100 BTC worth about $6.7 million, marking its third consecutive week of Bitcoin transfers, according to Arkham Intelligence. On-chain data shows structured, repeated deposits to a QCP-linked WBTC merchant address, suggesting gradual treasury management rather than a single large liquidation. Despite ongoing sales, Bhutan still holds roughly 5,600 BTC valued at around $372 million, keeping it among the largest sovereign Bitcoin…

South Korea Probes Missing 22 Bitcoin From Police Wallet

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The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities. South Korean authorities are investigating after 22 Bitcoin seized in a 2021 case disappeared from a cold wallet at a Seoul police station, according to local media reports. The 22 Bitcoin (BTC), worth about $1.5 million at current prices, were held by the Gangnam Police Station and discovered missing during a nationwide audit of digital asset custody practices, the Seoul Economic Times reported Friday. Authorities reportedly…

Bitcoin price forecast as whale deposits 10K BTC to Binance

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Bitcoin price is facing renewed pressure after on-chain data flagged by Lookonchain revealed that a major whale has moved roughly 10,000 BTC to Binance over the past two days, raising concerns of potential selling activity. Summary Lookonchain flagged a Bitcoin whale moving nearly 10,000 BTC to Binance over two days, raising concerns of potential sell pressure. Bitcoin is trading around $66,900, well below its 50-day SMA near $85,000, confirming a strong short-term downtrend. Key support sits at $65,000 and $60,000, while resistance stands at $72,000 and $78,000–$80,000, with indicators still…

Standard Chartered slashes Bitcoin target again on ETF outflows, Fed angst

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Standard Chartered cuts 2026 Bitcoin and Ethereum targets again, citing weak macro, softer Fed-cut hopes, ETF outflows and shifting investor positioning. Summary Standard Chartered reduced its long-term 2026 Bitcoin price target for a second time in three months, after earlier downgrades from more aggressive projections. Geoff Kendrick cites deteriorating macro conditions, delayed Fed easing, ETF outflows and the risk of deeper investor capitulation as key downside drivers. The bank also lowered its 2026 Ethereum target, warning ETH could drop sharply first even as on-chain activity and network usage trends remain…

Strategic Bitcoin Reserve Bill Allowing Brazil to Acquire up to 1 Million BTC Reintroduced in Congress

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A bill proposing the acquisition of up to 1 million BTC has been introduced to the Brazilian Congress, significantly expanding a previous national strategic bitcoin reserve. The draft, which will need to be greenlit, would put Brazil among the countries holding the most bitcoin. New 1 Million BTC Strategic Bitcoin Reserve Bill Presented in Brazilian […] Original

South Korean police lose Bitcoin seized in 2021 investigation

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South Korea’s Gangnam Police Station has confirmed that 22 Bitcoins worth about ₩2.1 billion (roughly USD 1.6 million) were lost from police custody, authorities said on Friday. Summary Gangnam Police Station confirmed that 22 Bitcoin worth about $1.6 million have gone missing from custody after being seized in a 2021 investigation. The coins were discovered missing during a nationwide audit of digital asset handling, following a separate 320 Bitcoin loss at the Gwangju District Prosecutors’ Office last year. The physical cold wallet remains in police possession, but authorities say the…

CEO sentenced to 20 years for $200M Bitcoin Ponzi scheme

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A U.S. federal court has sentenced the chief executive of a crypto trading and multi-level marketing firm to 20 years in prison for orchestrating a massive Bitcoin-based Ponzi scheme that defrauded tens of thousands of investors worldwide. Summary Ramil Ventura Palafox, CEO of Praetorian Group International, was sentenced to 20 years in prison for running a $200 million Bitcoin Ponzi scheme. Prosecutors said the scheme defrauded more than 90,000 investors worldwide, promising daily returns of up to 3% through supposed crypto trading. The U.S. Department of Justice said investor funds…

Coinbase Q4: Softer Trading, Strong Subscriptions, Bigger Bitcoin Stack

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Coinbase Global Inc. posted $7.18 billion in 2025 revenue and outlined an ambitious 2026 expansion plan, even as fourth-quarter results reflected sizable crypto investment markdowns. Coinbase’s 2026 Blueprint: Stablecoins, Onchain Growth and Capital Returns Coinbase Global Inc. (Nasdaq: COIN) released its fourth-quarter and full-year 2025 shareholder letter on Feb. 12, 2026, detailing revenue growth, rising […] Original

BITCOIN: Something Big Is Coming! (get ready) – BTC Price Prediction Today

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Bitcoin price outlook as $2.5B BTC options expire today

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Bitcoin price trades near $68,000 as $2.5 billion in BTC options expire today, placing $74,000 max pain at the center of market focus. Summary Bitcoin has been on a downtrend in February, falling nearly 50% from its all-time high. $2.5B in BTC options expire today with a put/call ratio of 0.72 and max pain at $74,000. RSI sits near 29 as volume and open interest decline across derivatives markets. Bitcoin was trading at $68,280 at press time, down 1.1% over the last 24 hours. The asset has moved within a…