Tag: News

South Korea Fines Coinone $3.5M, Suspends New User Services for 3 Months Over AML Violations – Regulation Bitcoin News

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Key Takeaways: South Korea’s FIU fined Coinone 5.2 billion won and imposed a 3-month partial business suspension starting April 29, 2026. Coinone failed to verify roughly 70,000 customer identities and processed 10,113 trades through 16 unregistered overseas exchanges. CEO Cha Myung-hoon received an official reprimand; Coinone has 10 days to respond and may appeal via administrative lawsuit. Coinone Hit With 5.2 Billion Won Fine and Partial Business Suspension The Financial Services Commission’s FIU confirmed the sanctions on April 13, 2026, following an on-site inspection of Coinone conducted as part of…

Arizona Temporarily Stands Down on Kalshi Prosecution as Federal Ruling Blocks Monday Arraignment – iGaming Bitcoin News

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Key Takeaways: A federal judge blocked Kalshi’s Monday arraignment in Arizona, ruling the CFTC is likely to succeed on federal preemption. Arizona filed the first criminal charges against a prediction market operator, with 20 counts, including election and sports wagering. Federal courts are split, with the Third Circuit backing CFTC jurisdiction while Nevada and Massachusetts side with the states. Federal Government Succeeds Where Kalshi Itself Failed The arraignment of Kalshi in Maricopa County Superior Court had been scheduled for Monday. U.S. District Judge Michael Liburdi issued the temporary restraining order…

Oil Prices Spike Higher – Bitcoin News

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Key Takeaways: The U.S. Navy began enforcing a blockade of Iranian ports on April 13, 2026, targeting Tehran’s roughly 2 million barrels per day in oil exports. WTI crude climbed above $94 per barrel following CENTCOM’s announcement, while the Dow Jones dropped 246.90 points on escalation fears. CENTCOM says the blockade will remain in force until Iran returns to negotiations, with no fixed end date announced. Iran Naval Blockade 2026: U.S. Cuts off Tehran Oil Exports U.S. Central Command issued the order in accordance with a presidential directive following the…

XRP Buy Signal? Data Suggests Potential Rebound as Extreme FUD Meets FOMO Signals – Markets and Prices Bitcoin News

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Key Takeaways: Santiment identifies XRP FUD at 3rd-highest level in 2 years, signaling bullish reversal setup. Data shows a 1.02 sentiment ratio, aligning with past XRP rebounds after similar extremes. Outlook suggests XRP recovery potential as 63% drop drives deeper retail capitulation. XRP Sentiment Extremes Point to Rising Rebound Odds Rising bearish sentiment across crypto markets is signaling a potential inflection point for XRP, as social metrics reach extreme levels. Blockchain analytics firm Santiment shared on social media platform X on April 13 that fear, uncertainty, and doubt (FUD) have…

Bitmine Now Owns 4% of All Ethereum Ever Issued – Crypto News Bitcoin News

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Key Takeaways: Bitmine holds 4.875 million ETH, over 4% of the total supply, after its fastest weekly buy since December 22, 2025. MAVAN, Bitmine’s U.S.-built staking platform, now delivers $212 million in annualized ETH staking revenues for BMNR. Backed by ARK and Pantera, Bitmine targets 5% of all ETH as CEO Chi Tsang and Chairman Tom Lee accelerate acquisitions. Bitmine Quietly Accumulated 4% of All ETH in Just 9 Months Bitmine Immersion Technologies (NYSE: BMNR) started in 2019 as Sandy Springs Holdings Inc., running immersion-cooled bitcoin mining operations in Texas…

FTX’s Alameda Moves $16 Million SOL in Ongoing Creditor Repayment – Crypto News Bitcoin News

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Key Takeaways: Alameda moved $16 million worth of SOL to a wallet linked with repayment efforts, signaling ongoing FTX creditor payouts. Alameda still holds 3.5 million SOL ($294 million), meaning supply overhang may impact solana markets. FTX-era asset releases since 2022 suggest continued distributions could shape liquidity next. Alameda Unstakes SOL, Signals Ongoing Creditor Distributions Alameda Research has transferred roughly $16 million worth of solana ( SOL) tokens after unstaking the assets, in a move that points to continued creditor repayments tied to the collapse of FTX. Blockchain data tracked…

Strategy Buys 13,927 Bitcoin for $1 Billion, Total Holdings Hit 780,897 BTC – Crypto News Bitcoin News

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Key Takeaways: Strategy acquired 13,927 BTC for $1 billion on April 13, 2026, pushing total holdings to 780,897 bitcoin. The buy brings Strategy’s total bitcoin investment to ~$59.02 billion at an avg. cost of $75,577 per coin. Strategy has achieved a BTC Yield of 5.6% YTD 2026, per Michael Saylor’s April 13 announcement. Strategy Reaches 780,897 Bitcoin After Largest Buy in Recent Months Executive Chairman Michael Saylor confirmed the purchase on X, noting the company has now achieved a BTC Yield of 5.6 percent year-to-date in 2026. The announcement came…

RAVE Token Rockets Past $9, Weekly Gains Top 3,400% – Markets and Prices Bitcoin News

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Key Takeaways: RAVE surged 245% on April 13, pushing its total monthly gains past 3,600% and market cap to $2.4 billion. Coinglass data shows $31.1 million in short liquidations, highlighting a massive squeeze on Binance. RaveDAO faces scrutiny over its 1 billion token supply as analysts warn of potential insider manipulation. Exchange Listings and Market Sentiment The utility token of RaveDAO, a Web3-native entertainment collective built on the Ethereum blockchain, surged past $9 on April 13, marking a staggering 245% gain in just 24 hours. The latest rally has pushed…

Polkadot Price Dips 6% Following 1 Billion Token Minting Breach on Ethereum – Services Bitcoin News

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Key Takeaways: A hacker used a replay flaw to mint 1 billion fake Polkadot tokens via the Hyperbridge gateway. The price of DOT dropped 6% to $1.16 before recovering, while the hacker netted $237,000 in ether. Hyperbridge developers are now expected to deploy patches to secure administrative smart contract functions. Liquidity Bottleneck Limits Losses On April 13, blockchain security firm Certik alerted the cryptocurrency community to an exploit involving the Hyperbridge gateway, where a malicious actor minted 1 billion unauthorized Polkadot tokens on the Ethereum network. Following the incident, the…

Latam Seen as Opportunity Land by Investors Navigating War – Finance Bitcoin News

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Key Takeaways: With the Middle East war raging, fiat currencies in Brazil and Argentina rose, drawing future inflows next. Following a January Trump Administration intervention, Venezuela can offer a new future market opportunity. Brandywine’s Jack McIntyre, managing $44B, predicts Asian markets will shift funds to Latam oil next. Latam, Isolated From Energy Issues, Becomes An Investment Opportunity During War Time In wartime, investors adjust their portfolios to navigate the intricacies of war and maintain their performance accordingly. In this situation, Latam markets, which have become a sort of safe haven…