Cryptocurrency News

A prediction-market trader earned $8.47 million in a single day betting on the FIFA World Cup. The wagers spanned the Sweden-Japan and Ecuador-Germany fixtures. Two Wallets, Multimillion-Dollar Wagers According to Lookonchain, the trader created a fresh wallet a day earlier and placed $7.19 million on Sweden to win and Japan not to win their match.…Read More

While Congress prepares to consider Bill 4308/2024 to regulate the status of stablecoins, the cryptocurrency industry opposes designating them as electronic money, advocating for maintaining the current status of virtual assets, as they lack the elements of traditional currency. Brazil’s Crypto Industry Opposes Stablecoin Designation As Virtual Currency While stablecoins have become immensely popular in…Read More

The seizures come after a collaboration of law enforcement groups from Canada, Denmark, Germany, the Netherlands, and the U.S. attacked infrastructure that served criminals using SocGholish, Amadey, and StealC, three key “cybercrime-as-a-service” malware used to collect victims’ info and sensitive data. Europol Cracks Down on Malware-Powered Criminal Infrastructure Networks On Wednesday, Europol announced the completion…Read More

STRC’s collapse below par has sparked intense debate as Strategy’s variable-rate preferred stock struggles beneath the $75 mark. Yet Polymarket bettors still see a path back, wagering that the stock will eventually reclaim its intended price, though not anytime soon. Few Companies Spark More Debate Right Now Than Strategy Few topics have captivated the crypto…Read More

Digital asset market structure legislation is entering a decisive Senate stretch, with CLARITY Act supporters racing to secure action before August. Talks among lawmakers, the White House, industry representatives, and other stakeholders remain active as advocates press to move the bill toward a Senate vote. Digital Asset Market Structure Bill Enters a Narrow Senate Stretch…Read More

Bitcoin Magazine Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock Runs Out Galaxy Research cut its odds of the Senate passing the CLARITY Act to 50-50, citing dwindling time before Congress’s August recess and mounting legislative uncertainty. This post Galaxy Research Cuts CLARITY Act Passage Odds to 50-50 as Senate Clock…Read More

Bitcoin Magazine Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ Jeremy Grantham doubled down on his long-standing Bitcoin skepticism, predicting the cryptocurrency will “dwindle away with a whimper.” This post Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More

Bitcoin Magazine Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows Michael Saylor took to X to defend Strategy’s long-term Bitcoin-focused strategy after MSTR and its preferred shares hit new lows. This post Michael Saylor Responds to Scrutiny as Strategy Shares and STRC Hit 52-Week Lows first appeared on Bitcoin Magazine…Read More

Bitcoin Magazine ‘I See Volatility as Opportunity’: Bitcoin Tests Critical Support as Key Level Hangs in the Balance Bitcoin is testing the critical $58,000–$60,000 support zone for a third time, with a break below could trigger a deeper decline. This post ‘I See Volatility as Opportunity’: Bitcoin Tests Critical Support as Key Level Hangs in…Read More

Bitcoin Magazine Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands Strategy shares plunged some more today as Bitcoin fell to $59,000. This post Strategy Stock (MSTR) Nearly Craters Another 10% as Securities Lawsuit Lands first appeared on Bitcoin Magazine and is written by Micah Zimmerman.Read More