A Texas court has ordered Richard Ahlgren III, an early Bitcoin investor, to hand over the private keys controlling $124 million in cryptocurrency. The decision follows Ahlgren's conviction in a groundbreaking case focused on tax-related cryptocurrency fraud last year. This marks a significant moment in the enforcement of digital asset laws. The Court's Ruling U.S.

US-based entities now hold 65% more Bitcoin than offshore counterparts, driven by growing institutional demand and regulatory clarity.

A man's attempt to require a city council to let him search a landfill for his £600m bitcoin fortune was denied after a decade-long battle.

The market sentiment index score hasn't been in the “Neutral” zone since Oct. 14, when Bitcoin was trading around $63,000.

The cryptocurrency market surges with excitement over Bitcoin's potential future price, one model stands out by offering a starkly different timeline. While many analysts predict Bitcoin could hit $1 million as early as 2025, the new Quantile Bitcoin model disagrees.

Russian bailiffs have started transferring over 1 billion rubles worth of Bitcoin from former Investigative Committee investigator Marat Tambiev into state revenue. Tambiev, who was convicted for accepting the largest recorded bribe in the history of Russia, had over 1,000 Bitcoin seized during an investigation into his involvement with a hacker group.

Thailand is on a mission to address illegal mining operations causing massive power disruptions in its capital city, Bangkok, and neighboring areas. In its latest drive against these unregistered operations, the kingdom's Provincial Electricity Authority (PEA) announced that it has shut down an illegal Bitcoin mining farm in the Phanat Nikhom, District of Chonburi.

Cryptocurrency prices today continued their downward slide. The global crypto market cap shrunk by approximately 0.90%, now standing at $3.27 trillion. The total crypto market volume over the last 24 hours is $151.72B, reflecting a 9.94% decrease. The total volume in decentralized finance (DeFi) is currently $10.17B, accounting for 6.

Cryptocurrency prices today indicate a bearish trend for Bitcoin (BTC) and major altcoins like Ethereum (ETH) and XRP. Bitcoin touched a low of $92,000, while ETH slipped by approximately 2.51% and XRP declined by 3%.

Bitcoin Options OI hits record lows, reflecting a shift to cautious trading amid market uncertainties.

On-chain data shows the volume of Bitcoin miners has observed a steep drop recently. Here's what this could mean for the asset.

The liquidation of seized Bitcoin in this case highlights the increasing intersection of cryptocurrency and legal systems, impacting future asset recovery. The post Russian authorities begin liquidating 1 billion rubles in Bitcoin in landmark bribery case appeared first on Crypto Briefing.

CleanSpark joins MARA Holdings, Riot Platforms and Hut 8 Mining Corp as a major listed Bitcoin mining firm with 10,000 Bitcoin or more on its balance sheet.

Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price mark. Amid this movement, the market seems to be witnessing a notable trend among miners as they grapple with the effects of rising values and selling pressure.

The U.S. government has received approval to liquidate a significant stash of 69,370 Bitcoins, originally seized from the notorious Silk Road marketplace. This potential move has sent shockwaves through the crypto market, raising concerns about the impact it could have on Bitcoin's price, which is already facing a tough start to 2025.

Crypto Markets React to Gensler's Exit: SEC Chair Gensler's crypto stance and Ripple case developments shake XRP, as Bitcoin slides ahead of the US Jobs Report.

Bitcoin price extended losses and traded below the $93,500 zone. BTC is correcting gains and might struggle to recover above the $95,000 level.

While firms like Tesla are already in the S&P 500, VanEck's Matthew Sigel says Block Inc. could be the first company in the index with an “explicit strategy” for accumulating Bitcoin.

Bitcoin has faced intense selling pressure since Tuesday, following a strong breakout above the $100K mark. The rally, which many investors hoped would solidify Bitcoin's bullish structure, quickly reversed, driving the price down to a low of $92,500.

Bitcoin (BTC) has faced a tough start to 2025, with the cryptocurrency's price dropping below $95,000 on January , leading to significant outflows from spot Bitcoin exchange-traded funds (ETFs). As Bitcoin's value briefly hit $92,500, nearly $570 million was withdrawn from ETFs, marking the second-largest daily outflow on record.

James Howells, a Welsh IT engineer from Newport who lost his Bitcoin hard drive in a landfill in 2013, lost his legal battle today to access the site to recover the cryptocurrency.

Bitcoin has reversed its early-year gains, retreating to levels seen a week ago, even as bullish sentiment persists in the Deribit options market, CoinDesk reported on January 9. After shaking off Decembers bearish mood, Bitcoin began the year with a rally toward $100,000.

Bitcoin fell to a one-month low of $91,000 early Tuesday, reflecting market anxiety ahead of the U.S. December jobs report. With U.S. stock markets closed for the state funeral of former President Jimmy Carter, cryptocurrency markets bore the brunt of economic uncertainty.

Market fears over a potential sell-off of Bitcoin seized by the U.S. government from the dark web marketplace Silk Road are exaggerated, according to an analysis by CoinDesk senior analyst James Van Straten. Recent reports revealed that the U.S. Department of Justice (DOJ) had obtained the authority to sell 69,370 BTC (approximately $6.5 billion) confiscated from Silk Road.

El Salvador, the first country to adopt Bitcoin as legal tender, has once again increased its cryptocurrency holdings with the purchase of 11 BTC. This move, confirmed by President Nayib Bukele via a tweet on January 8, 2025, highlights the government's continued commitment to Bitcoin, despite fluctuations in the global market.

The registered crypto trading firm allegedly stole “hundreds of millions of baht” from electricity providers, coming out to at least $2.88 million.

The on-chain analytics firm Glassnode has revealed the level Bitcoin would have to rise to if it has to reach the historical top zone in this pricing model. Bitcoin Hasn't Surpassed Last MVRV Pricing Band Yet In a new post on X, Glassnode has talked about the extreme euphoria threshold of the Bitcoin Market Value to Realized Value (MVRV) Pricing Bands.

Bitcoin's recent drop of 5%, falling to $95,000, has left many investors scratching their heads. This isn't just another routine market shakeout where weak hands are flushed out.

On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22 trillion.

CryptoQuant believes the US government selling $6.5 billion in Bitcoin confiscated from Silk Road would not have an adverse impact on the market if sold via over-the-counter (OTC) desks, according to a Jan. 9 report. The Bitcoin (BTC) stash is currently worth roughly $6.

Despite the recent Bitcoin price crash, crypto analyst TradingShot has suggested that this is not the end of the road for the flagship crypto. This came as he revealed why BTC could still rally to as high as $200,000 in this market cycle.

Russia has “started” selling the Bitcoin it seized during a 2023 probe into the Infraud hacker group. The move suggests Moscow hopes to trade over BTC 1,000 for fiat. The post Moscow Bitcoin Selloff: Russia ‘Begins to Sell' Coins Seized in BTC 1,032 Infraud Haul appeared first on Cryptonews.

Bitcoin, the world's leading cryptocurrency, has been making waves in the investment sector, and some believe it's evolving into something even more significant: a benchmark for the new digital economy. Anthony Pompliano, CEO of Professional Capital Management, recently compared Bitcoin to the S&P 500, suggesting that the digital asset has become the preferred benchmark for younger investors.

Recent declines in Bitcoin's price have been followed by negative sentiment across several on-chain metrics that are crucial in determining its next trajectory. With key metrics witnessing a decrease, there are speculations that the flagship asset might see an extended drop in its price.

Thai authorities confiscated 996 Bitcoin (BTC) mining rigs in Chon Buri province, accusing operators of illegally siphoning electricity to power the energy-intensive machines. The raid, conducted on Jan. 8 in the Phanat Nikhom district, highlights growing concerns about the misuse of public utilities for crypto mining operations.

It's not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume.

It's like a dark cloud has hovered over Bitcoin, with back-to-back factors signaling an imminent crash.

Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM Prices Paid Index and higher-than-anticipated JOLTS job openings.

In 2024, Bitcoin mining saw big advancements and tough challenges. Miners adopted new technology, used renewable energy, and even expanded into fields like AI.

The U.S. government has just made a significant move in the cryptocurrency market by liquidating 69,370 Bitcoins, worth approximately $6.7 billion. This action, authorized by the U.S. Department of Justice (DoJ), has raised questions among investors about the potential for a major price drop.

Bitcoin investors withdrew near-record amounts from spot BTC ETFs as BTC dropped 2.3%, reflecting market caution. Bitcoin recorded the highest ETF inflows in 2024, driven by strong institutional interest.

A closely followed crypto analyst says that Bitcoin (BTC) could see a sharp decrease if it fails to hold a crucial zone of support.

Bitcoin (BTC) and Ethereum (ETH) are entering a period of usual bullish gains. The question remains whether the two leading assets can extend the positive results of 2024 in Q1 of 2025.

Strong economic data and a slumping bond market have called into question the idea of any rate cuts this year.

CleanSpark has achieved a major milestone, surpassing 10,000 BTC in its treasury with 236% YoY growth in holdings. Supported by 668 BTC mined in December and operational expansion, the company is now the fifth-largest corporate Bitcoin holder, surpassing Tesla. The post Bitcoin Miner CleanSpark Achieves 10,000 BTC Treasury, Marks 236% YoY Growth appeared first on Cryptonews.

Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $91,400 -2.7% Ethereum (CRYPTO: ETH) $3,172 -3.2% Solana (CRYPTO: SOL) $182.4 -6.5% XRP (CRYPTO: XRP) $2.28 -1.4% Dogecoin (CRYPTO: DOGE) $0.3181 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002088 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat.

The cryptocurrency market recently experienced a major shake-up when Bitcoin (BTC) plummeted below the $100,000 mark. This unexpected crash sent shockwaves through the altcoin market, causing significant losses for many cryptocurrencies, including XRP.