Wollito UAB

A federal judge has ruled that a young hacker must forfeit approximately $5.2 million worth of Bitcoin (BTC) and a sports car to the US government.

Judge Orders Teen Hacker to Return $5.2M Worth of Bitcoin Stolen in 2016

The ruling claims that Ahmad Wagaafe Hared, a resident of Tucson, Arizona, stole cryptocurrency from Northern California crypto executives back in 2016, according to a...

1 year ago

The Financial Accounting Standards Board has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.

Change to US accounting rules will be a boon to companies holding crypto in 2025

The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. T...

1 year ago

Hundreds of millions of people have crypto investments. A new report shows how many crypto millionaires and billionaires exist.

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people around the world have some form of crypto holdings, whether that is in bitcoin or one of the many other digital currencies. To be exact, 425 mi...

1 year ago

A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF.

Bitcoin Tops $28K on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%

Bitcoin (BTC) gained more than 7%, topping $28,000 at one point on Tuesday afternoon after a federal appeals court ruled that the U.S. Securities and Exchange Commission (SEC) must rev...

1 year ago

BTC trading volume

CRYPTO WORLD Bitcoin trading volume is at its lowest in more than four years

Bitcoin’s trading volume hit its lowest level in almost five years this month as investors keep waiting for reasons to jump back into the market. An analysis of CryptoQuant data ...

1 year ago

Bitcoin price has been stuck inside a narrow trading range for days, awaiting signals from Jerome Powell's speech at Jackson Hole this week.

Why is Bitcoin price stuck?

Bitcoin has been stuck inside a narrow trading range for several days, and Aug. 23 is no different. All eyes on Jerome Powell's speech at Jackson Hole ...

1 year ago

The price of Bitcoin fell around 8% in just 10 minutes on Aug. 17, down to levels not seen since June 20.

Bitcoin price briefly dips below $26K, falling to two-month lows

Elon Musk’s SpaceX reportedly selling its Bitcoin holdings, the bankruptcy of a Chinese property giant, and fears of interest rate hikes have been among the theories raised ...

1 year ago

Bitcoin fund

European Spot Bitcoin Fund Is First to Get ETF Label

Jacobi Asset Management, the London-based investment firm, launched Europe’s first spot bitcoin product that uses the ETF moniker after securing permission to use the term...

1 year ago

Crypto long trader account

Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump

Bitcoin (BTC) and ether (ETH) futures traders took on some of the largest losses in over a month as prices moved under support levels in the past two days - breaking down from a period of stagna...

1 year ago

Two-thirds of leverage funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.

Bitcoin Slides to $28.3K After Leveraged Funds Ramp Up Bearish Bets

Bitcoin runs into selling pressure as Wall Street turns risk averse.Leverage funds are most bearish in bitcoin futures since April 2022.Bitcoin (BTC) woke up from its deep slumber early Thursday...

1 year ago