Bitcoin

A collection of 730 posts

Crime

US Seizes Record Bitcoin Haul Worth $15 Billion in Cambodian Crypto Fraud Empire

The United States government has taken possession of approximately 127,271 Bitcoin valued at around $15 billion, marking the largest forfeiture action in the history of the Department of Justice. This seizure has pushed the nation's total Bitcoin reserves above $32 billion at current market prices, a significant

Bitcoin

Elon Musk Links Bitcoin Strength to Unprintable Energy Amid Surging AI Demands

A recent exchange on social media between financial commentator ZeroHedge and Tesla CEO Elon Musk highlights the growing intersection of artificial intelligence, national security, and Bitcoin. ZeroHedge pointed out that the escalating costs of AI development resemble a modern arms race, with governments in the United States and China likely

Ethereum

Steak ‘n Shake Walks Back Ethereum Payments Promise Despite Overwhelming Support

Steak ‘n Shake has reversed course on adding Ethereum as a payment option at its restaurants, opting instead to maintain its exclusive focus on Bitcoin. The fast-food chain, which launched Bitcoin payments across its U.S. locations in May, drew significant attention with a recent poll on X that had

Bitcoin

Bitcoin Core Version 30 Released Expanding OP_RETURN Limit Sparking Debate

Core developers unveiled version 30.0 over the weekend, marking a significant step forward for the software that powers the Bitcoin network. This update focuses on refining node architecture to improve usability and introducing measures to bolster performance and security. Node operators now have access to tools that streamline interactions

Markets

Bitcoin and Crypto Market Rebounds Following Massive Weekend Sell-Off

Major cryptocurrencies including Bitcoin, Ethereum, and Solana have shown signs of recovery after a sharp sell-off that started on Friday and extended through the weekend. The downturn led to significant liquidations across the market, affecting millions of traders and causing widespread price drops. As Monday arrives, the initial panic appears

Bitcoin

Bitcoin Prices Face Renewed Pressure After Tariff Shock and Exchange Disruptions

Bitcoin’s price took another hit on Saturday October 11, 2025, as markets struggled to hold onto early gains following the sharp decline triggered by President Trump’s announcement of 100% tariffs on Chinese goods on Friday. The cryptocurrency dipped to a low of around $109,715 during the day

Bitcoin

US Treasury Buys Argentine Pesos, But Bitcoin Remains the Stronger Bet

U.S. Treasury Secretary Scott Bessent announced a direct intervention in Argentina’s currency market, revealing that the department purchased Argentine pesos to address acute illiquidity and bolster exchange rate stability. This action comes as part of broader efforts to back the economic reforms led by President Javier Milei, whose

Bitcoin

Bitcoin Tumbles Over 14% on Trump China Tariff Announcement

The crypto market experienced a sharp downturn on Friday as President Donald Trump revealed plans for a 100% tariff on all imports from China. This move came swiftly after Beijing announced stricter controls on its rare earth elements exports, materials essential for electronics and renewable energy technologies. Bitcoin, the leading

Roger Ver

Bitcoin Jesus, Roger Ver, Strikes Deal with DOJ to Resolve US Tax Fraud Charges

Roger Ver, early Bitcoin and cryptocurrency advocate often called “Bitcoin Jesus” has entered a tentative agreement with the US Justice Department to address a criminal tax fraud case filed against him last year. Federal prosecutors accused Ver of evading taxes on his substantial digital asset holdings, leading to charges that

Bitcoin

Treasury Secretary Bessent Discloses U.S. Government Has $17 Billion in Bitcoin Holdings

U.S. Treasury Secretary Scott Bessent shared insights into the government's approach to Bitcoin during a private dinner on October 7 with executives from the Bitcoin mining industry. The gathering included CleanSpark Executive Chairman S. Matthew Schultz and Senate Banking Committee Chairman Tim Scott. Discussions ranged from legislative

Gemini

Gemini Crypto Exchange Launches Trading Platform in Australia

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has officially entered the Australian market with a fully localized trading platform. This expansion allows Australian users to buy, sell, and store digital assets using the Australian dollar for the first time. The launch coincides with rising interest in cryptocurrencies across

Polymarket

Polymarket Adds Bitcoin Deposits to Crypto Prediction Platform

Polymarket has introduced support for direct Bitcoin deposits, a move that opens the platform to a broader range of cryptocurrency users. The leading prediction market, known for its decentralized betting on real-world events, previously relied mainly on stablecoins like USDC for funding. This update allows holders of Bitcoin to transfer

Bitcoin

Square Launches Integrated Bitcoin Wallet and Payment System for Merchants

Square, the payments platform under Jack Dorsey and Block Inc., unveiled its new Bitcoin solution on Wednesday, marking a significant step toward mainstream cryptocurrency adoption for small businesses. The product, known as Square Bitcoin, equips merchants with tools to accept Bitcoin payments directly at the point of sale while managing

Bitcoin

Bitcoin Hits New All Time High Above $125,000 as Demand Surges

Bitcoin has reached a significant milestone by surpassing $125,000 for the first time in its 17-year history. The cryptocurrency touched $125,449.77 during early morning trading on Sunday, October 5, marking a fresh peak amid heightened market activity. This breakthrough comes after months of steady gains, reflecting growing

Bitcoin

Unraveling the Ownership History of the Bitcoin X Account

In the expansive world of Bitcoin, crypto, and X (formerly Twitter), the @Bitcoin handle holds a unique place among cryptocurrency accounts. Launched on August 17, 2011, it started as a modest platform for sharing early insights into Bitcoin when the digital asset traded for mere cents. Today, with close to

Bitcoin

US Government Shutdown Pushes Bitcoin Toward New All-Time High

Bitcoin stands on the brink of surpassing its all-time high, with market analysts forecasting a breakthrough as early as next week. It’s currently trading at around $123,227, reflecting a 12% increase over the past seven days and positioning it just 3% shy of its previous peak. This momentum

ETF

Uptober Rally Drives Billion Dollar Inflows to Bitcoin ETFs as Price Surpasses $120,000

Bitcoin exchange-traded funds recorded a three-day net inflow streak that surpassed $1 billion on Thursday, aligning with the cryptocurrency's climb back above $120,000 for the first time since August. This surge reflects renewed investor confidence as the seasonal "Uptober" pattern takes hold in the market.

Markets

Bitcoin Surges Above $119,000 on Jobs Report Fueling Rate Cut Bets

Bitcoin reached a fresh high above $119,000 as traders reacted to softer-than-anticipated private payroll figures from ADP. The cryptocurrency climbed sharply after the report revealed a surprising decline in U.S. private sector employment, heightening speculation around Federal Reserve policy easing. Over the past month, the Bitcoin price has

Bitcoin

Michael Saylor’s Strategy Gains Bitcoin Tax Shelter Under Treasury’s Latest IRS Guidance

The US Treasury Department announced adjustments to proposed tax regulations on Tuesday that remove a significant burden from Strategy's extensive Bitcoin portfolio. This move addresses concerns over the corporate alternative minimum tax, or CAMT, which risked imposing billions in liabilities on unrealized gains from digital assets. Strategy, the

Bitcoin

Bitcoin Pioneer Nick Szabo Joins Debate Over OP_RETURN Policy Expansion

Bitcoin developers have released the testing candidate for Version 30 of the Bitcoin software, marking a significant step forward in the network's evolution. This release follows the v29.0 update and introduces a range of enhancements, including bug fixes, performance optimizations, and refined policy adjustments. While the full

Ross Ulbricht

Bitcoin Pioneer Ross Ulbricht Fires Back at Kamala Harris Over Fentanyl Claims

Ross Ulbricht, the founder of the Silk Road marketplace and a pioneering voice for Bitcoin, has directly addressed a recent portrayal of his case in former Vice President Kamala Harris's new memoir. In a pointed social media post, Ulbricht refuted Harris's description of him as "

Treasury

Corporate Crypto Treasuries Surge with Fresh Bitcoin and Ethereum Buys

Corporate adoption of digital assets continues to gain momentum as major treasury holders capitalize on recent market dips. Strategy, a prominent Bitcoin focused firm, added 196 BTC to its reserves last week, spending about $22.1 million at an average price of $113,048 per coin. This purchase, detailed in

Lightning Network

Lightning Network Eclair Node Exploit Enables Funds Theft Attack Prompting Urgent Upgrade

Lightning Network users running Eclair software face a serious security risk after the recent disclosure of a vulnerability that could allow attackers to siphon funds from affected nodes. The issue affects versions 0.11.0 and earlier, where a flaw in blockchain monitoring during channel closures leaves nodes unable to

Bitcoin

Knots Maintainer Luke Dashjr Plans to Hardfork Bitcoin to Fight Spam

Leaked text messages obtained by The Rage reveal that Luke Dashjr, the lead maintainer of Bitcoin client software called Knots, is planning a hardfork to establish a multisig committee with the power to retroactively modify the Bitcoin blockchain. This committee would target transactions containing illicit material, such as child sexually

Regulations

US Senate Schedules Tax Hearing to Discuss Bitcoin and Crypto Tax Rules

The U.S. Senate Finance Committee has set a date for a significant discussion on how digital assets will face taxation. This gathering, named Examining the Taxation of Digital Assets, takes place on October 1 at 10:00 a.m. Eastern Time in the Dirksen Senate Office Building. The US