French police have arrested two suspected fraudsters accused of stealing about $1.8 million in cryptoassets from a wealthy couple during a fake villa sale after a year-long investigation. Summary French police arrested a mother and son accused of stealing €1.5 million in crypto during a fake villa sale. Investigators allege the suspects used hidden camera…
XRP is climbing while the open interest declines. This suggests that short-covering is driving the move. XRP seems to be showing one of the more interesting derivatives setups amongst the large-cap altcoins at the moment. On the surface, the price is climbing slowly, while the open interest is falling. Normally, this would suggest that…
India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. Summary India has launched an investigation into reports that Indians were trafficked to Myanmar and forced into crypto scam operations. Victims allegedly accepted fake overseas job offers before…
Bitcoin remained in the green over the past 24 hours, while several large-cap cryptocurrencies managed to post gains as the braoder market climbed. The cryptocurrency market managed to sustain its recovery over the past 24 hours. Most of the large-cap altcoins are trading in the green. Bitcoin maintained its recent rebound, as some alts…
CryptoQuant has reported that Bitcoin’s realized profit and loss ratio has dropped to a 43-month low of -0.35, a level that has historically appeared near major market bottoms. Summary CryptoQuant says Bitcoin’s realized P&L ratio has fallen to a 43-month low, a level previously seen near market bottoms. U.S. spot Bitcoin ETFs recorded $221.7 million…
Here’s what needs to unfold for BTC to break above $65,000. After several weeks of lackluster performance and a slide to its lowest level since 2024, Bitcoin (BTC) has finally staged a decisive comeback. The popular analyst Ali Martinez highlighted the resurgence and spotted three bullish factors that could push the price beyond $65,000…
Barstool Sports founder Dave Portnoy has vowed to hold his Bitcoin investment even if it falls to zero after revealing he is down millions on a position bought near $100,000. Summary Dave Portnoy says he will hold Bitcoin even if it falls to zero after losing millions on his investment. Portnoy admits years of mistimed…
Persistent token unlocks have added selling pressure, making it harder for traditional altcoin narratives to regain momentum. Tokenized stocks are gaining attention as one of the few areas still attracting capital, with financial services provider BIT arguing in a July 3 report on X that the sector is becoming a rare bright spot as…
Gnosis Pay has revealed that a software flaw dating back to October 2023 enabled the $1.5 million exploit of its card safe infrastructure, while confirming that all affected users have been fully reimbursed. Summary Gnosis Pay traced its $1.5 million hack to a Zodiac software flaw that had existed since October 2023. The company reimbursed…
Bitcoin is attempting to build a short-term recovery after weeks of sustained selling pressure. Although buyers have defended a key support zone, the broader trend remains fragile as price continues to trade beneath major technical resistance levels that must be cleared first to expect a genuine recovery. Bitcoin Price Analysis: The Daily Chart The daily…
