Category: Crypto Insights

Metaplanet’s chief executive Simon Gerovich is signaling a strategic pivot: instead of simply accumulating more Bitcoin, the company is seriously considering repurchasing its own shares to enhance the Bitcoin yield per share – a metric he calls the firm’s “primary KPI.” In a recent statement, Gerovich emphasized that every major capital allocation decision now revolves…

Why is CAKE’s price rising today? Capitulation low, reclaimed support, and what comes next PancakeSwap’s native token CAKE has staged a notable rebound after weeks of selling pressure, with price reclaiming key support levels and buyers showing renewed conviction. The recovery comes after a classic “capitulation low” and is now testing important resistance zones that…

Bitcoin price prediction: Why a rebound toward $71K is still on the table – but not a trend reversal yet Over the weekend, Bitcoin [BTC] staged a respectable recovery, climbing about 8.6% from roughly $59,100 to $64,200. That local peak was set on Sunday, 7 June, and price immediately revisited the same resistance band near…

Seattle-area resident Geoffrey K. Auyeung has been sentenced to five years in federal prison for his role in laundering the proceeds of a massive international fraud scheme through cryptocurrencies including Bitcoin, Ethereum, and dollar-pegged stablecoins. Prosecutors said the 47-year-old played a key part in moving nearly $100 million in victim funds, acting as a critical…

EU regulators have ordered Meta to reopen WhatsApp’s business tools to competing AI chatbots, intensifying a high-stakes antitrust clash over how artificial intelligence services can operate on dominant messaging platforms. The European Commission on Monday imposed interim measures requiring Meta to restore access for third‑party, general‑purpose AI assistants to the WhatsApp Business API within five…

Crypto tax reform ran into unexpectedly stiff resistance in Washington this week, as a key House committee hearing exposed deep divisions over how-and how fast-Congress should move to regulate the industry’s tax treatment. Lawmakers examined six separate crypto tax proposals, some of which have been promoted as modest, technical fixes. But the discussion quickly broadened…

Crypto tax overhaul faces questions as House kicks off debate A new push to rewrite how the U.S. tax code treats digital assets is running into skepticism on Capitol Hill, as House lawmakers probe whether proposed relief for everyday users, miners, and stakers could instead open the door to fresh loopholes. At an initial hearing…

Wintermute: Bitcoin still lacks the inflows needed to confirm a true market bottom Bitcoin’s latest downturn does not yet resemble a definitive market bottom, primarily because fresh capital-especially from institutions-is still absent, warns algorithmic market maker Wintermute. Despite signs of distressed selling and growing losses among holders, the firm argues that the market is missing…

Bitcoin sinks below $61,000 as Trump orders strikes on Iran, triggering global risk-off wave Bitcoin extended its slide on Tuesday, briefly dropping under the $61,000 mark after Donald Trump announced a military response against Iran. The move ignited a broad risk-off shift across global markets and piled additional pressure on an already fragile crypto landscape.…

Sahara AI rejects blame for 60% token plunge, insists ‘no team tokens have been sold’ Binance Labs-backed Sahara AI has pushed back against accusations that it engineered the brutal sell-off of its native SAHARA token, which plunged by about 60% during Tuesday’s trading. The project’s team maintains that none of its own token allocations have…