Police in Germany have provisionally seized 50,000 bitcoin (BTC) worth $2.17 billion, calling the action its largest cryptocurrency seizure ever, according to a police statement.
The Department of Justice announced criminal charges against two people and the guilty plea of a third person for orchestrating a $1.9 billion cryptocurrency fraud scheme known as HyperFund.
Bitcoin's wave 5 impulse move has begun and could see prices top $50,000 by the end of the first quarter, 10x Research's Markus Thielen said, having correctly predicted the recent pullback.
The crypto community is pondering the potential impact on spot Bitcoin ETFs, given Google’s handling of 100,000 searches per second.
ARK Invest continued to offload shares of ProShares Bitcoin Trust ETF (BITO) in the last week while accumulating its own spot bitcoin exchange-traded fund.
The former crypto lead at Cathie Wood's Ark Invest remains bullish over the longer term.
Federal judges are weighing whether digital currencies should be subject to the same rules as stocks and bonds. The outcome could shape crypto’s future in the U.S.
Outflows at Grayscale’s GBTC have remained high while inflows for the other funds as a group have slowed.