Bitcoin Donation Scandal Rocks Czech Republic: Did the State Unknowingly Launder Millions?

A donation of 468 bitcoin to the Ministry of Justice from a convicted drug trafficker has sparked a scandal in the Czech Republic, leading to the resignation of Justice Minister Pavel Blazek. Blazek claimed he was unaware of any illegal conduct related to the donation. Czech Republic Justice Minister Resigns After Bitcoin Donation Scandal A … Read more

943 EH/s and Climbing: Bitcoin’s Mining Power Nears Historic Threshold

With bitcoin’s price consolidating following the all-time high (ATH), the network’s computational power has reached an unprecedented zenith, touching a peak of 943 exahash per second (EH/s). Bitcoin Nears Zettahash Milestone Bitcoin’s global hashrate has reached a fresh pinnacle, with data reflecting a high of 943 EH/s based on the rolling seven-day simple moving average … Read more

Did You Order Price Discovery?

Last week bitcoin hit a new all-time high on Bitcoin Pizza Day. Euphoria ensued, but despite the party atmosphere online, key metrics suggest the exuberant feelings may be grounded in more than just vibes. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the … Read more

France Charges 25 Over Violent Crypto Attacks Linked to Kidnapping Plots

France unleashes sweeping charges against 25 suspects in violent crypto kidnapping plots, signaling a dangerous new frontier as digital wealth draws brutal real-world attacks. France Confirms 25 Arrests as Crypto Moguls Face Growing Street Threat French prosecutors said on Saturday that 25 individuals, including six minors, have been charged in connection with a wave of … Read more

Tim Draper: US Dollar Going Extinct—Bitcoin Set to Dominate Retail

Tim Draper warns of the U.S. dollar’s impending collapse as bitcoin accelerates toward total transactional dominance. Tim Draper Declares the US Dollar Going Extinct—Bitcoin Set to Dominate Transactions Venture capitalist Tim Draper issued a stark warning about the future of fiat currency on May 31 on social media platform X, weighing in on a growing … Read more

JPMorgan CEO: US Shouldn’t Stockpile Bitcoin—We Need Bullets and Guns, Not Crypto

JPMorgan CEO Jamie Dimon torched the U.S. bitcoin reserve strategy, demanding immediate focus on bullets and tanks over crypto as national security threats rapidly intensify. JPMorgan CEO Slams Crypto Reserve—Tells US to Prepare With Bullets, Not Bitcoin JPMorgan Chase CEO Jamie Dimon dismissed the idea of a national bitcoin reserve during remarks at the Reagan … Read more

$5B in FTX Funds Are Hitting Wallets—Will Crypto Markets Get a Second Wind?

On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5 billion tied to both convenience and non-convenience class claims. As distributions roll out over the following three days, Coinbase Institutional observed in its weekly briefing that this injection of capital could invigorate liquidity across crypto … Read more