Crypto

Kenya is one step closer to regulating crypto in the country as parliament enacted the Virtual Asset Services Providers Bill.

A consortium established by the companies announced the recovery of Celsius funds tied to claims against Tether.

The US government said it would pursue forfeiture of the Bitcoin holdings tied to a Cambodia-based company if the alleged ringleader were convicted. A US federal court has unsealed a criminal indictment involving a massive cryptocurrency fraud scheme that could result in the government increasing its national Bitcoin reserves by $14 billion. In a Tuesday notice from the US Justice Department, authorities said they had filed a forfeiture complaint against 127,271 Bitcoin (BTC), worth about $14.4 billion at the time of publication. The Bitcoin was tied to an indictment against Chen Zhi, founder and chair of a Cambodia-based company that was allegedly responsible for orchestrating “pig butchering” crypto investment schemes. The US Department of the Treasury’s Office of Foreign Assets Control sanctioned Zhi’s company, the Prince Holding Group, and its affiliates on the same day the indictment was unsealed. Read more

XRP drops 18% in a week as analyst EGRAG CRYPTO rejects major exchange data, sets $1.40 as new chart baseline amid market uncertainty.

Stablecoin giant Tether has paid out almost $300 million to settle claims regarding allegedly improper Bitcoin liquidations tied to the collapse of crypto lender Celsius.

Binance announces a new recovery plan on top of the one previously initiated.

The rollout marks the second phase of Ethereum’s three-step roadmap, testing higher gas limits and the new PeerDAS data-sampling system. Ethereum’s Fusaka upgrade has been activated on the Sepolia testnet, marking the next major step in the network’s ongoing push to improve scalability and performance. The upgrade marks the second phase of a three-step rollout under Ethereum’s Fusaka roadmap, following the Holesky testnet activation on Oct. 1. The Sepolia deployment focuses on stress testing the network’s new data-availability system and higher block gas limit before developers push the code to the final Hoodi testnet later this month. Fusaka’s rollout is introducing a suite of performance and consensus improvements. The full upgrade aims to increase Ethereum’s block gas limit to 60 million, allowing blocks to process more transactions and complex smart-contract activity while testing whether nodes can maintain stability at higher capacity. Read more

90% of Binance-listed altcoins are below the long-term trend. Historically, these zones have led to sharp short-term rebounds.

Rep. Troy Downing (R-MT) said the bill would “supercharge” the financial security of Americans by exposing their retirement savings to alternative assets.

Bitcoin’s weekend was a classic macro hit-and-run. On Friday, tariff threats toward China knifed through risk assets and shoved BTC through $110,000, with roughly $7 billion in crypto positions liquidated as leverage unwound into a thin tape. By Sunday night and into Monday, the tone softened as Trump posted a calming message about China, and […] The post Is BlackRock’s IBIT flows keeping Bitcoin above $100k? appeared first on CryptoSlate.

Upcoming layer-1 network Monad announced more details about its MON airdrop, including key dates and an eligibility checker.

Deep Bitcoin bids below $105,000 signal a market cleanup phase from last week’s historic liquidation event. After the dip-buying ends, will BTC reclaim $117,500? Key takeaways: Deep liquidity bids now cluster around $105,000-$100,000, signaling market stabilization. Over 90% of BTC supply remains profitable, confirming a leverage-driven, not panic, sell-off. Read more

Whales dumped 1.5 trillion PEPE ahead of last week's market crash – Pepe price predictions eye deeper fall with smart money still on the sidelines. The post Pepe Coin Price Prediction: Whales Dumped 1.5 Trillion Tokens Before the Crash – Did They Know What Was Coming? appeared first on Cryptonews.

The license, if granted, would help the stablecoin infrastructure firm to "tokenize trillions of dollars," co-founder Zach Abrams said.

Here's what may trigger BTC's next big move.

BTC can drop to $74,000 in the worst-case scenario if the price fails to hold above the $110,000 support level, but is the top really in? Key takeaways: Bitcoin risks a correction toward $96,500–$100,000 if the $110,000 support fails. Onchain and technical patterns suggest a healthy mid-cycle reset, not a full trend reversal. Read more

As the Justice Department pursues Prince Group's leader, the Treasury Department sanctioned the company while also severing Huione from the U.S. finance.

Less than a week after reports of an agreement between the "Bitcoin Jesus" and US authorities, Roger Ver’s 2024 criminal tax case may be nearing an end. A California federal court is closer to dismissing the criminal indictment against Bitcoin advocate Roger Ver, known to many as “Bitcoin Jesus.” In a Tuesday filing in the US District Court for the Central District of California, the US government filed a proposed order for Judge Michael Fitzgerald to dismiss Ver’s indictment without prejudice. The government said it reached an agreement with Ver to pay $49.9 million and “all tax, penalties, and interest” on tax liabilities with the Internal Revenue Service (IRS) for his Bitcoin (BTC) holdings. Read more

Elon Musk praised Bitcoin's energy foundation years after criticizing crypto's power consumption and halting Tesla BTC payments.

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