A UK National Crime Agency (NCA) officer has been charged over the alleged theft of 50 Bitcoin (BTC) in 2017. The stolen BTC was worth around £60,000 ($77,400) at the time. Today, it is valued at approximately £3.2 million ($4.2 million). Paul Chowles, 42, from Bristol, faces 15 criminal charges.
The crypto market shows slight recovery today as the Bitcoin price increased by around 2%. From the lows of $76K yesterday, Bitcoin price surged past the $80K and is currently trading in the $83K range. The overall crypto market cap increased by 1.77% and its value is hovering at $2.71
The crypto market made a strong comeback in a recovery following lower than expected U.S. inflation readings that eased investors’ worries. Bitcoin crossed the $84,000 barrier, and XRP topped $2.25, with a 2.6% increase in global market capitalization to $2.76 trillion. Why Is the Crypto Market Pumping? The U.S. Consumer
StarkWare seems to have bigger plans for Bitcoin despite the weak crypto market. It joined the growing list of firms that have established a Bitcoin strategic reserve. On the other hand, Starknet plans to bridge two major blockchains, Bitcoin and Ethereum, on a single layer 2 network. The firm is
Japanese investment company Metaplanet Inc. has said it plans to sell 2 billion yen, or about $13.4 million worth of interest-free regular bonds as part of its approach to acquiring Bitcoin. The action makes Metaplanet one of Asia’s largest corporate Bitcoin owners in a repeat of strategies first set by
Major cryptocurrencies, along with Bitcoin and Ethereum, showed positive movement as the broader market started to recover. The crypto market capitalization stands at $2.65 trillion while showing a 2.73% increase during the previous 24 hours. The market recovery may be indicated by this recent upward trend. Bitcoin’s price spiked by
The recent market crash has sparked tremendous debate within the digital assets community. While most take a negative outlook, a few members such as asset manager Ark Invest CEO Cathie Wood have a varied perspective. Wood believes that this could be the final leg of a rolling recession, meaning upward
The global crypto market cap fell to $2.63 trillion, marking a 1.48% decline in the last 24 hours. The downturn follows persistent outflows from crypto investment products and concerns over President Donald Trump’s economic policies. The cryptocurrency market remains under pressure as investors react to Trump’s trade tariffs and budget
Defunct crypto exchange Mt. Gox moved 32,371 BTC ($2.19 billion) to new wallets on Monday, marking its largest transfer in months, according to Arkham Intelligence. The movement has sparked speculation about potential creditor repayments. Most of the Bitcoin 30,371 BTC was sent to wallet “1FG2C…Rveoy”, while 2,000 BTC initially landed
While community members raise havoc by watching their largest profits disappear, analysts remain positive. Over the past few weeks, several experts had predicted that Bitcoin and the alt sector would retract the bull run before bouncing back up. As this materializes into reality, speculations of a bigger cycle arise. Notably,
