Bithumb Receives Business Suspension Notice for AML Violations

Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly facing a possible partial business suspension of up to six months as regulators step up enforcement over anti-money laundering controls. South Korea’s Financial Intelligence Unit (FIU) gave Bithumb a preliminary notice of a six-month partial suspension over alleged anti-money laundering and know-your-customer failures under…

XRP Price Stays Below $1.40 With 60% of Supply Now in the Red

XRP (XRP) traded at $1.35 on Monday, a 63% drawdown from its multi-year high of $3.66 reached in July 2025. As a result, many XRP holders are sitting on significant unrealized losses, underscoring the risks facing crypto investors in bear markets. Key takeaways: XRP’s 63% drawdown from its $3.66 multi-year high has left holders with…

Bitcoin’s 20 Millionth Coin Has Just Been Mined

The Bitcoin network has just reached 20 million mined coins, leaving just one million Bitcoin to be mined over the next century.  “The market is about to experience something new: A global asset with almost no new supply left,” Energy Co managing partner David Eng said in an X post on Sunday. On average, about…

Bitmine (BMNR) buys 61,000 ether (ETH) as Tom Lee sees end in sight for bear market

BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury firm, purchased 60,976 ether (ETH) through last week, increasing the pace of accumulation as the firm bets crypto prices are nearing the end of what it calls a “mini winter.” The latest purchase, worth some $120 million at current prices, lifted BitMine’s ETH holdings to over 4.5…

BTC Markets Seeks ASIC License For RWA Trading

Australian crypto exchange BTC Markets has notified the country’s securities regulator, the Australian Securities and Investments Commission, of its intention to apply for a markets license to offer regulated tokenized real-world assets (RWAs). “Our plan is to obtain licensing infrastructure that enables particular types of tokenized assets to be offered and available to the public,”…

Orbital Data Center Startup to Mine Bitcoin in Space

Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth. Starcloud “will be the first to mine Bitcoin in space,” the startup’s CEO, Philip Johnston, posted to X on…

Flow Files Court Motion to Block Korean Exchange Delistings

Nonprofit organization Flow Foundation and its parent company Dapper Labs on Monday filed with the Seoul Central District Court to suspend the termination of trading support for its native token FLOW on three South Korean exchanges. Layer-1 blockchain Flow suffered a “security incident” in December when an attacker exploited a vulnerability that allowed certain assets…

Oil rally crushes $37 million in crypto shorts as bitcoin drops

Crude oil just had its biggest day in history, and the traders shorting or taking bearish bets on it over the weekend paid the price. Tokenized oil perpetual contracts on Hyperliquid recorded nearly $40 million in liquidations over the past 24 hours, per Coinglass, with $36.9 million of that coming from short positions that got…

IRS Proposes Crypto Exchanges Shift to Mandatory Electronic Tax Documents

The US Internal Revenue Service (IRS) is seeking to require electronic delivery of tax forms to crypto exchange users. Under the current rules, exchanges are required to provide paper copies of tax form 1099-DA, the IRS tax form used to document crypto transactions from a centralized exchange or broker, if users request paper forms. The…

Saylor Signals Another Bitcoin Buy Amid Market Downturn

Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, indicated on Sunday that the firm is buying more BTC, as the price hovers near the $66,000 level.  “The Second Century Begins,” Saylor said on X, as he shared the Strategy BTC accumulation chart that has become synonymous with impending BTC purchases. Strategy’s most recent…