Two Sentenced to 12 Years for $2.1 Million Cryptocurrency Fraud in UK

Two individuals from the UK, Raymondip Bedi and Patrick Mavanga, have been sentenced to a combined total of 12 years in prison for their involvement in a $2.1 million cryptocurrency fraud, following a prosecution by the FCA. Between February 2017 and June 2019, the pair cold-called victims, selling fake investments in cryptocurrency and defrauding at … Read more

Inventor of Bollinger Bands Signals Potential Upside Breakout for Bitcoin

John Bollinger, the inventor of Bollinger Bands, has indicated that bitcoin may be poised for an upside breakout, as noted in a recent social media post. Bollinger, an American author and financial analyst who developed this technical analysis tool in the early 1980s, stated, “Bitcoin looks to be setting up for an upside breakout. $BTCUSD … Read more

Metaplanet Acquires Additional 2,205 Bitcoin, Boosting Total Holdings to 15,555 BTC

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 2,205 bitcoin, increasing its total holdings to 15,555 BTC. The latest purchase was made at an average price of 15,640,253 yen per bitcoin (approximately $108k USD), amounting to a total … Read more

US Congress Passes Invest America Act

Exactly a year from today, on the country’s 250th birthday, July 4, 2026, every American child will receive a $1,000 investment account at birth funded by the federal government. Thanks to the Invest America Act which was passed by Congress earlier today. The act was introduced by Texas Republican Senator Ted Cruz, and in addition … Read more

Ancient Whale Isn’t Done Yet: Another 50,000 BTC From 2011 Moved After $3B Transfer

Following the recent transfer of 30,000 bitcoin by a long-dormant whale from 2011, the same entity has now shuffled an additional 50,009 BTC across blocks 903974 and 903985. On July 4, 2025, Bitcoin.com News detailed how this old-school whale had awakened to move bitcoin originally acquired in April and May 2011. At the time, the … Read more

US House Announces July ‘Crypto Week’

On the same day the U.S. House of Representatives passed President Donald Trump’s flagship piece of legislation, the so-called “One Big Beautiful Bill,” Republican House leaders also declared the week of July 14, “Crypto Week,” according to a press release published by Arkansas House Republican French Hill. Crypto Week will feature a marathon review of … Read more

South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures

Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as the country’s first NFT marketplace supporting local currency transactions and gained attention with significant NFT sales. The company raised $2.1 million in seed … Read more

Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank

A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe Lonsdale … Read more

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