Tag: Cash

Roman Storm Judge Unlikely To Allow Mention Of Tornado Cash Sanctions

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The judge overseeing the US criminal trial of Tornado Cash co-founder and developer Roman Storm said she was “inclined” to disallow any mention of the 2022 sanctions against the cryptocurrency mixing service in court.  According to reporting from Inner City Press on Tuesday, Judge Katherine Failla of the US District Court of the Southern District of New York said she was unlikely to grant a motion prohibiting the mention of North Korea and the hackers in the Lazarus Group as part of prosecutors’ case against Storm. However, the judge reportedly…

Semiconductor giant Sequans ditches cash for Bitcoin in $384m treasury overhaul

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Sequans Communications is swapping traditional reserves for Bitcoin, funneling $384 million in newly raised capital into BTC. The company’s CEO cites Bitcoin’s “unique properties” as the driving force behind the strategic shift. On July 8, France-based Sequans Communications announced the close of a $384 million private placement, with over 40 institutional investors backing its bold pivot toward a Bitcoin (BTC)-dominated treasury. The raise, comprising $195 million in equity and $189 million in convertible debt, will be deployed almost entirely into BTC. This marks the most aggressive corporate move toward Bitcoin…

Strategy Holds 11th Largest U.S. Corporate Treasury, BTC Rivals Big Cash Reserves

Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR). Strategy (MSTR) now holds almost $65 billion in bitcoin , which makes it the 11th largest corporate treasury holder of bitcoin in the U.S. In its investor presentation for the new STRD at-the-market equity program, Strategy compares itself to companies that hold cash on their balance sheets. Berkshire Hathaway ranks No. 1, holding $410 billion in cash and cash equivalents. Chipmaker NVIDIA (NVDA), the world’s largest company by market cap, holds $66 billion in cash and cash equivalents.…

Court Ends Coin Center-US Treasury Appeal Over Tornado Cash

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The US Court of Appeals for the Eleventh Circuit has dismissed an appeal filed by crypto advocacy organization Coin Center against the US Treasury Department over its Office of Foreign Assets Control’s 2022 sanctions against the Tornado Cash mixing service. In a Thursday filing, the appellate court granted a motion to vacate a lower court ruling and remand with instructions to dismiss as part of a joint filing with Coin Center and the US Treasury. The dismissal, according to the court, would essentially conclude Coin Center’s legal challenge against the…

Bitcoin Cash Price Prediction: BCH Bulls Target $500 as Golden Cross Forms

Key Notes Network activity surged with over 10,000 new funded addresses created in seven days, indicating growing adoption. Technical analysis reveals a double Golden Cross pattern with moving averages suggesting potential rebound momentum. Critical support level at $460 (200-day MA) could trigger rally toward $500-525 resistance if maintained. Bitcoin Cash BTC $107 660 24h volatility: 1.4% Market cap: $2.14 T Vol. 24h: $22.67 B price held steady near $488 on July 4 despite steeper downturns in the broader altcoin market. With BCH supported by growing network demand and technical strength,…

Tornado Cash Co-Founder Keeps Testimony Plans Unclear Ahead of Trial

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Roman Storm, one of the co-founders and developers behind the cryptocurrency mixing service Tornado Cash, appeared in a video interview as his US criminal trial is expected to begin in less than two weeks. In an interview released Wednesday by Crypto In America, Storm said his legal team intended to address at trial the allegations that he had personally profited from illicit funds through his role at Tornado Cash. However, he declined to say whether he would testify in his own defense over charges of money laundering, conspiracy to operate…

Metaplanet, Strategy Buying Bitcoin as BTC OGs Cash Out

Key Notes Metaplanet now holds 13,350 BTC, surpassing Galaxy Digital and CleanSpark. Bitcoin trades above $108K as long-term holder selling meets institutional buying. Strategy hints at an 11th straight week of BTC buys, holding over 592K BTC. Japan’s leading corporate Bitcoin BTC $107 550 24h volatility: 0.1% Market cap: $2.14 T Vol. 24h: $18.98 B investor, Metaplanet, closed June with the acquisition of an additional 1,005 BTC worth around $108 million. The purchase was made at an average price of $107,601 per Bitcoin. CEO Simon Gerovich confirmed the purchase on…

Lazarus Group Launders $1.95M in Stolen Ethereum via Tornado Cash

Blockchain investigator ZachXBT has identified hackers tied to North Korea’s Lazarus Group laundering $1.95 million worth of stolen crypto through the mixer Tornado Cash. North Korea’s Hackers Use Tornado Cash to Obfuscate the Trail of $1.95M Ethereum The theft originated from a May 16, 2025, attack where a victim lost $3.2 million from multiple Solana […] Source CryptoX Portal

Bitcoin Cash Price Prediction: BCH Crosses $500 to Hit $10B Valuation First Time in 2025

Key Notes BCH reached $500 for the first time in 2025, pushing market cap above $10 billion despite broader crypto market weakness from inflation concerns. Double Top formation at $510 with bearish RSI divergence suggests overheated momentum and potential correction toward $363 target level. Strong trading volumes indicate sustained buying pressure as investors position BCH as hedge against stalling Bitcoin momentum amid macro uncertainty. Bitcoin Cash BCH $504.0 24h volatility: 2.7% Market cap: $10.03 B Vol. 24h: $399.24 M price bucked the broader market downtrend on Friday, June 27, rising…

Bitcoin Cash (BCH) Gains 6.0%, Leading Index Higher

CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 2996.59, up 0.5% (+15.68) since 4 p.m. ET on Tuesday. Seven of 20 assets are trading higher. Leaders: BCH (+6.0%) and SOL (+1.8%). Laggards: APT (-2.7%) and AAVE (-1.6%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal