Tag: bitcoin

BtcTurk Sees $48 Million In Suspicious Outflows, Suspends Crypto Withdrawals And Deposits

admin — Fri, 15 Aug 2025 05:00:14 +0000

Earlier today, wallets tied to crypto exchange BtcTurk reportedly transferred more than $48 million worth of digital assets. This movement has raised suspicions of a potential security breach.

BtcTurk Suspends Crypto Withdrawals, Deposits

According to an X post by blockchain security entity Cyvers Alerts, outflows of over $48 million in cryptocurrencies were detected in “unusual activity” across multiple blockchain networks involving the Turkish exchange BtcTurk.

Coinbase says a ‘full-scale altcoin season’ may be just ahead

admin — Fri, 15 Aug 2025 04:36:52 +0000

Bitcoin dominance has fallen to a six-month low while altcoin market cap jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.

David Bailey’s Nakamoto closes KindlyMD merger for Bitcoin treasury

admin — Fri, 15 Aug 2025 04:27:38 +0000

Nakamoto, a Bitcoin entity established by Trump crypto adviser David Bailey, and KindlyMD, have merged to establish a new Bitcoin treasury company.

Government-backed IoT company Sequans plans to accumulate 100,000 Bitcoin over next five years

admin — Fri, 15 Aug 2025 04:08:29 +0000

Sequans' Bitcoin strategy could influence corporate treasury trends, impacting market dynamics and shareholder value in the tech sector.

The post Government-backed IoT company Sequans plans to accumulate 100,000 Bitcoin over next five years appeared first on Crypto Briefing.

XRP Price Slides to Support, Is a Fresh Increase Coming Soon?

admin — Fri, 15 Aug 2025 04:08:18 +0000

XRP price is down over 6% from the $3.350 resistance zone. The price is holding the $3.020 support and might aim to start a fresh increase.

Bitcoin Pulls Back Below $120K After New ATH as Whale Ratio Hits Risk Levels

admin — Fri, 15 Aug 2025 04:00:23 +0000

Bitcoin briefly set a new all-time high above $124,000 earlier today before experiencing a sharp retracement that brought the asset back below the $120,000 level. As of press time, BTC is trading at $118,336, representing a weekly loss of 1.9% and a 4.5% decline from its peak.

Analysts Outline Risks to Circle from Slower USDC Growth and Higher Distribution Costs

admin — Fri, 15 Aug 2025 04:00:21 +0000

Shares of Circle Internet Group (NASDAQ: CRCL) faced a pull back following the release of its latest quarterly results, despite the company reporting substantial growth in key metrics.

Over the past year, the supply of USD Coin (USDC) in circulation expanded to $61.3 billion, marking a 90% increase. Revenue, including income from reserves, rose 53% year-over-year to reach $658 million.

Bitcoin charts are similar to the 2021 top: Will history rhyme?

admin — Fri, 15 Aug 2025 03:53:22 +0000

A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle.

Ethereum Price Corrects Lower, Could It Trigger Another Buying Spree?

admin — Fri, 15 Aug 2025 03:08:02 +0000

Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase.

Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?

admin — Fri, 15 Aug 2025 02:20:57 +0000

Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave.

Q4 Will Decide If The 4-Year Bitcoin Cycle Is Dead: Analyst

admin — Fri, 15 Aug 2025 02:00:55 +0000

Bitcoin’s fresh record above $124,000 on Thursday set the stage for a stark test of one of oldest heuristics, according to Joe Consorti, Head of Growth at Theya. In a video published today, August 14, Consorti argued that the fourth quarter will reveal whether the market’s long-observed four-year halving cycle still governs price behavior—or whether the asset has entered a new regime shaped by deep, patient pools of traditional finance capital.

Justin Sun Vs Bloomberg: Clash Escalates Over TRON Founder’s Crypto Holdings

admin — Fri, 15 Aug 2025 02:00:29 +0000

Justin Sun, the controversial crypto billionaire and founder of the Tron (TRX) blockchain, has ignited a new legal dispute by filing a lawsuit against media company giant Bloomberg on Monday.

The lawsuit, submitted in Delaware, accuses Bloomberg of “improperly” disclosing sensitive financial information about Sun’s cryptocurrency holdings in a recent article, which he claims could lead to significant and irreparable harm.

US Treasury’s Scott Bessent backpedals: Bitcoin buying still possible

admin — Fri, 15 Aug 2025 01:04:02 +0000

US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets.

Bitcoin Realized Price Flips 200-WMA: What Happens Next?

admin — Fri, 15 Aug 2025 01:00:40 +0000

The Bitcoin Realized Price has surged above the asset’s 200-week moving average (MA). Here’s what could happen next, according to history.

$50M Deal: Trump’s Thumzup Media Partners With Coinbase To Expand XRP Holdings

admin — Fri, 15 Aug 2025 01:00:35 +0000

According to Thumzup Media’s filing and press release, the Nasdaq-listed company completed a $50 million secondary offering at $10 per share to fund crypto mining and expand a multi-asset treasury.