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Bitcoin Ignores US-EU Trade Deal With $114K In Focus

Key points: Bitcoin has a new make-or-break price point to monitor into the weekly close: $114,000. Bid liquidity lines up below local lows as BTC market structure risks looking “weak.” Fed rate-cut odds fall for September despite a US-EU trade deal. Bitcoin (BTC) saw volatility at Thursday’s Wall Street open as markets digested a US-EU […]

3 mins read

Hong Kong Firm Stock Jumps On $483M Bitcoin Acquisition Plan

Nasdaq-listed Hong Kong construction firm Ming Shing Group Holdings said Wednesday it has entered into an agreement to acquire 4,250 Bitcoin for nearly $483 million, joining the wave of companies adding the cryptocurrency to their treasuries. If successful, the deal would make Ming Shing Hong Kong’s top Bitcoin (BTC) treasury according to BitcoinTreasuries.NET data, surpassing […]

2 mins read

Arthur Hayes Joins Stem Cell Firm After Trump Pardon

BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and major stake in a stem cell company following his March pardon from US President Donald Trump, which wiped clean his conviction for Bank Secrecy Act violations. Hayes, who built BitMEX into one of the largest derivatives platforms before it fell under regulatory […]

3 mins read

Scammer Steals $2.8M in Bitcoin by Posing as Police

UK police are working to recover a victim’s funds after a scammer managed to steal 2.1 million British pounds ($2.8 million) worth of Bitcoin from them by impersonating a senior police officer.  North Wales Police Cyber Crime team said on Tuesday it is investigating the Bitcoin (BTC) theft, saying the case “highlights a disturbing new […]