A Europe-wide investigation uncovered a crypto fraud network that laundered over €700 million through fake trading platforms, deepfake adverts, and call centres. Authorities arrested multiple suspects and seized cash, crypto, and luxury goods while targeting the scam’s marketing and operational networks across seven countries.
AnaisAuthorities in Switzerland and Germany shut down Cryptomixer.io, a service used to launder Bitcoin, seizing servers, data, and over €25 million in crypto. The operation, supported by Europol, aims to stop criminal activity and provide evidence for further investigations.
AnaisKazakhstan’s central bank is considering investing up to $300 million from its reserves into crypto but will only move ahead when market conditions look safer. The country also launched a separate government-backed crypto fund as part of its wider plan to grow its digital asset sector.
WeatherlyBitcoin has fallen more than 30%, cutting the estimated value of Satoshi Nakamoto’s holdings from $137 billion to around $95.8 billion. The decline makes the pseudonymous creator the 20th richest person in the world, with their coins remaining largely untouched for over 15 years.
WeatherlyMichael Saylor’s company has seen big losses as Bitcoin falls below $90,000, leaving around 40% of its holdings unprofitable. Recent purchases above current market prices have added nearly $100 million in unrealised losses, putting pressure on the company’s stock and strategy.
WeatherlyEl Salvador bought about 1,090 Bitcoin in a single day, raising its total holdings to roughly 7,474 BTC worth $676 million. The purchase came as Bitcoin fell below $90,000, showing the government is continuing its daily accumulation strategy despite market volatility.
AnaisPeter Schiff criticised Michael Saylor and Strategy, calling their Bitcoin-focused business model a “fraud” and challenging Saylor to a debate. The attack comes as Bitcoin fell below $99,000 and Strategy’s stock dropped over 50% since July, while gold remains strong above $4,000 an ounce.
AnaisBitcoin fell back to its end-2024 price as traders pulled away from risky assets and ETF outflows picked up. The drop followed fading excitement over the Trump administration’s crypto stance and rising fears across global markets.
WeatherlyTaiwan’s central bank has begun a pilot to hold seized Bitcoin as part of its reserves. The government is studying how digital assets could be used alongside traditional currency and gold.
AnaisChinese national, Zhimin Qian, was jailed for bitcoin fraud in London, and UK authorities seized 61,000 bitcoins worth over £5 billion.
AnaisBlackRock's Bitcoin ETF marks 70-day growth streak, nears JEPI's 160-day record. Assets reach $18.15B, top 10 inflow streaks since 2004. Analysts note resilience amid Bitcoin halving, contradicting investor uncertainty.
Xu LinBlackRock's IBIT leads in attracting assets, gathering $15.3B in net inflows, surpassing competitors despite slowing demand. With strong brand, fees, and institutional appeal, IBIT poised to surpass GBTC in AUM, maintaining long-term leadership in digital asset management.
Huang BoIt is expected that BlackRock will penetrate deeper into the encryption industry and become a decisive force in the future. As the world's largest asset management institution, why is BlackRock interested in cryptocurrency? What impact will it have on the subsequent development of the encryption industry?
JinseFinanceBlackRock's IBIT surpasses Grayscale's GBTC in daily trading volumes, reshaping the Bitcoin ETF market dynamics. Despite GBTC outflows and higher fees, total market inflows exceed $1 billion, influencing Bitcoin's recovery below $40,000.
Huang BoBlackRock's swift Bitcoin accumulation raises concerns of a supply squeeze, potentially propelling Bitcoin's value to new heights. The intricate dance between institutional power and decentralized assets unfolds as the crypto market faces unprecedented dynamics.
Cheng YuanBlackRock's substantial Bitcoin acquisitions, totaling 11,500 BTC in two days, have raised concerns of a supply crunch. Despite worries, a bullish outlook prevails, with InvestAnswers suggesting a potential boost to Bitcoin's market to new heights. Institutional OTC trading is cited as a strategy to mitigate market volatility.
BerniceThe legendary CEO of BlackRock, the world's largest asset management company, said in an interview that "Bitcoin is digital gold" and "Ethereum ETFs are very valuable. These are just stepping stones towards tokenization. I really believe this is where we are going." place" and other topics.
JinseFinanceBlackRock’s revised S-1 filing for a Bitcoin ETF marks a significant step in cryptocurrency’s integration into mainstream finance.
SanyaJinseFinanceApproval of BlackRock's Bitcoin ETF could reshape crypto, attracting institutional capital while introducing risks like regulatory hurdles and market volatility. A pivotal moment awaits in 2024.
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