Bitcoin’s Bullish Pattern Predicts New All Time Highs

Key takeaways: Since 2021, 78% of Bitcoin’s bullish engulfing patterns have led to new local highs, especially within broader uptrends. Bitcoin has absorbed over $544 billion in capital since November 2022, pushing the realized market cap to $944 billion. Bitcoin (BTC) closed Monday with a strong 4.34% daily gain, forming a bullish engulfing candlestick that…

Judge Torres denies Ripple and SEC joint motion for indicative ruling

A US district court denied a joint motion from the US Securities and Exchange Commission (SEC) and Ripple requesting an indicative ruling to reduce a $125 million civil penalty and reverse an order defining primary sales of XRP (XRP) to institutional investors as securities transactions under Article 5 of the Securities Act. An indicative ruling…

Bitcoin (BTC) Treasury News: Lingerie Fighting Championships Joins

The bitcoin treasury trend — which has seen many firms globally adopting Michael Saylor’s strategy — entered a new phase on Thursday. Lingerie Fighting Championships (BOTY), a Las Vegas-based women’s MMA league, announced plans to acquire $230,000 worth of bitcoin within 30 days and up to $2 million over the next six months. The decision…

What Will Trigger BTC Price Breakout?

Key takeaways: Bitcoin’s weakening MVRV momentum could signal the start of the late stage of the bull cycle. Spot and onchain transfer volume must recover for BTC price to break out.  BTC bulls must flip the $108,000-$110,000 into new support. Bitcoin’s 50% rally to $112,000 from its April lows below $74,000 appears to be cooling…

Taurus Launches Privacy-Focused Stablecoin Contract on Aztec Network

Digital asset infrastructure provider Taurus has deployed a private contract for stablecoins designed to offer untraceability and anonymity. Built on the Aztec Network, Taurus’ stablecoin contract combines zero-knowledge proofs with the compliance features of existing stablecoins, the company disclosed on Thursday. The new contract can increase adoption of stable assets for payrolls, intracompany payments and…

Fragmented liquidity is DeFi’s central scalability risk.

Opinion by: Hart Lambur, co-founder of Risk Labs. Decentralized finance, or DeFi, is built on composability, but composability is breaking. As new chains proliferate, liquidity fragments and incentives weaken. What was once a single shared environment has splintered into dozens of siloed markets. DeFi isn’t dead, but without the infrastructure that connects these environments, it…

FBI Busts Alleged BreachForums Admin in $250 Bitcoin Sting

A British man accused of operating under the alias “IntelBroker” on cybercrime forums has been indicted for allegedly selling stolen data in a case that caused more than $25 million in damage. The US Southern District of New York Attorney’s Office announced Kai West’s indictment on Wednesday. West allegedly operated on online black markets under…

Wall Street Buys Over $1b in Bitcoin Amid Dollar’s ‘Do or Die’ Moment

Key takeaways: Wall Street poured over $1 billion into Bitcoin ETFs this week amid rising bets on Fed rate cuts and a weakening US dollar. Trump’s early Fed replacement plans intensified dollar selloffs, pushing DXY to its lowest since April 2022. Analysts warn July could trigger a major dollar breakdown, fueling Bitcoin’s rise toward new…

EC’s Soft Tone On Foreign Stablecoins Sparks Optimism

The European Union’s main executive body has taken a soft approach toward stablecoins, contrasting with that of the European Central Bank (ECB) and sparking industry optimism. In response to ECB concerns on potential bank run risks stemming from stablecoin multi-issuance in Europe and third countries, the European Commission (EC) said such risks are “highly unlikely.”…

Indian Politician Calls for Bitcoin Reserve Pilot as US, Bhutan Adopt Crypto Strategies

The national spokesperson for India’s ruling party called on the country to consider launching a Bitcoin reserve pilot, saying that it would be a strategic step toward economic resilience.  In an article for India Today, Bharatiya Janata Party (BJP) spokesperson Pradeep Bhandari said the US strategic Bitcoin (BTC) reserve and Bhutan’s state-led mining operations signal…