Bitcoin Ignores CPI Relief As Analysis Warns $63,000 ‘Will Simply Break’

Bitcoin (BTC) saw weakness around Wednesday’s Wall Street open as markets reacted to key US inflation data. Key points: Bitcoin ignores good news around US inflation figures as it dips below $63,500. Fed rate-hike odds cool further as attention now switches to Thursday’s PPI numbers. Bitcoin is eroding $63,000 support, the latest market analysis warns. … Read more

CFTC Charges Goliath Ventures With $400M Bitcoin Fraud

The Commodity Futures Trading Commission has sued a Florida crypto trading firm and its chief executive, alleging they ran a Ponzi scheme that took in at least $397 million from about 1,600 customers and spent it on fake payouts and personal luxuries. The complaint, filed in the U.S. District Court for the Middle District of … Read more

Crypto Companies Urge AI Firms to Give Bitcoin Devs Early Access

A group of cryptocurrency companies has urged frontier artificial intelligence (AI) labs to give Bitcoin developers early access to their most capable models. The letter, published by the Bitcoin Policy Institute (BPI) on Monday, said many digital asset defenders, including Bitcoin Core developers, lack access to lab cyber programs and can be blocked by guardrails … Read more

Itaú Tests Tokenized Securities in Brazil ANBIMA Pilot

Itaú, Latin America’s largest private sector bank, has partnered with digital asset infrastructure provider OpenAssets to participate in an industry-led pilot testing the tokenization of fixed-income securities and investment funds in Brazil. The initiative is led by the Brazilian Financial and Capital Markets Association (ANBIMA), which is testing the issuance, trading and settlement of capital … Read more

Goliath Ventures Faces SEC, CFTC Suits Over $400M Ponzi

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits against Goliath Ventures and founder Christopher Delgado over an alleged crypto Ponzi scheme that raised about $400 million.  The SEC said Goliath raised at least $425 million from more than 1,300 investors through an unregistered securities offering. Investors … Read more

Bank Of Russia Approves Bitcoin Trading For Retail Investors

Russia’s central bank has approved Bitcoin trading for the public on the country’s crypto exchanges, according to reports.  Citing the Bank of Russia’s Telegram channel, news agency Tass reported that the central bank capped cryptocurrency purchases for retail investors at 300,000 rubles ($3,632) per year.  The news comes as Russia moves fast in regulating the … Read more