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A Spanish High Court judge has ordered cryptocurrency entrepreneur Álvaro Romillo Castillo into provisional detention without bail over allegations that he orchestrated a $300 million pyramid scheme. Political Connections and Arrest A Spanish High Court judge has ordered Álvaro Romillo Castillo, the cryptocurrency entrepreneur known as “Cryptospain” and “Luis Crypto,” into provisional detention without bail. … Read more
Fernando Haddad, Brazil’s Minister of Finance, said it is preparing a regulatory overhaul to attack the use of cryptocurrency to finance organized crime. This overhaul includes tougher rules on crypto usage and the revamp of the CVM, the Brazilian equivalent of the SEC. Brazil Aims To Tighten Crypto Controls To Tackle Organized Crime Financing The … Read more
The Quantum Doomsday Clock, an initiative that seeks to time the exact moment when bitcoin as we know it today falls to quantum superiority, is predicting this event will happen 2 years and 4 months from now. Quantum Doomsday Clock Puts Bitcoin Downfall Just 2 Years Away The Facts While speculations about the dangers of … Read more
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be consistent with the behavior of the asset in similar bull runs that happened before. Bloomberg’s McGlone Believes $56K BTC Possible if $100K Level Is Lost The … Read more
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots … Read more
A team of analysts led by JPMorgan strategist Nikolaos Panigirtzoglou said bitcoin is currently oversold relative to gold. Panigirtzoglou estimated bitcoin would need to rise above $170K to reach gold’s private-investor level of investment. JPMorgan Analysts: Bitcoin Oversold Compared to Gold, Fair Value Close to $170K The Facts Analysts from JPMorgan have estimated that bitcoin, … Read more
Uranium has officially entered the decentralized finance ecosystem with the launch of xU3O8-based lending on the DeFi aggregator Oku, utilizing the Morpho protocol. Unlocking Liquidity for a Traditionally Opaque Market Uranium, the radioactive heavy metal used in nuclear reactors, has been ushered into the decentralized finance (DeFi) ecosystem with the launch of xU3O8-based lending on … Read more
On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer exploit that left more than $100 million vanishing into the ether. USDX Springs a Leak After the Stream Finance debacle—where its … Read more
Hadron by Tether, the asset tokenization platform of Tether, has entered a strategic partnership with global asset management firm Kraneshares and regulated platform Bitfinex Securities to accelerate the development and adoption of tokenized securities across international markets. Tether’s Hadron Partners With Kraneshares According to the release shared with Bitcoin.com News, the alliance brings together technical … Read more
In the first week of November, bitcoin’s price dipped 5.68%, adding to October’s 3.69% slide. The chatter this year has centered on long-resting coins suddenly waking up—something many believe has kept the market moving sideways all year. Onchain analyst James Check reports that roughly 4.64 million BTC have come back to life in 2025 after … Read more