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news-imageOctober 9, 2024

Irish Criminal Assets Bureau Unable to Access Drug Dealer's $378 Million in Seized Bitcoin

The Bitcoin, held in 12 wallets, was seized from a drug dealer who claims the seed phrases were lost in a break-in.
Publisher: Decrypt
Sentiment: Neutral
BTC

More News Articles

Negative
cover-imageThe Currency Analytics
October 9, 2024

Marathon Digital Faces Lawsuit Over Bitcoin Mining Noise in Texas, Residents Demand Injunction

Crypto mining giant Marathon Digital Holdings is facing a lawsuit filed by residents of Granbury, Texas, over what they claim is excessive noise pollution from the company's Bitcoin mining operations. Locals allege the noise has severely disrupted their health and quality of life, prompting them to seek legal action and a permanent injunction to halt the mining activities.

Neutral
cover-imageCrypto Economy
October 9, 2024

Bitcoin Short-Term Holders Show Strength, But Futures Volatility Looms Ahead

TL;DR Market Resilience: After a 10% correction, Bitcoin rebounded to $63,000, reclaiming the Short-Term Holder (STH) cost basis of $62,500, showing market resilience despite lighter trading volumes. Key Pricing Levels: The spot price remains above the True-Market Mean ($47,000) and Active Investor Price ($52,500), indicating strong demand support, but small fluctuations can significantly impact profitability.

Negative
cover-imageCryptoSlate
October 9, 2024

Bitcoin dips into bear market zone though realized price shows room for growth to $127,000

Bitcoin's recent market trends prompt questions about whether the early 2024 bull run has ended or if there is still potential for further growth into 2025, aligning with historical post-halving peaks. According to CryptoQuant's Bitcoin Bull-Bear Market Cycle Indicator, Bitcoin has transitioned into a bear phase after an overheated bull period earlier this year.

Negative
cover-imageUToday
October 9, 2024

US Bitcoin Dump Worth $4.3 Billion Incoming, Schiff Sounds Alarm

In a recent twist, the U.S. Supreme Court declined to hear Battle Born Investments' lawsuit against the government over 69,370 BTC seized in the Silk Road darknet marketplace case, paving the way for authorities to sell all seized crypto assets. This amount of BTC can currently be valued at $4.3 billion.

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