Tag

Cryptocurrency

All articles tagged with #cryptocurrency

Macro-Cue and Historic Squeeze Open Bitcoin’s Potential Bull-Reset
cryptocurrency3 hours ago

Macro-Cue and Historic Squeeze Open Bitcoin’s Potential Bull-Reset

Bitcoin jumped about 23% in the past week on a historic shorts squeeze and a macro catalyst from Treasury buybacks championed by Scott Bessent. Trading activity surged, open interest declined, and funding rates normalized as liquidations surged. The options market flipped to a negative skew, suggesting a momentum shift, while Bitcoin reclaimed major moving averages in four days—a pattern seen at prior cycle bottoms—fueling talk of a potential bull-market reset, even though BTC remains roughly 36% below its all-time high.

Bitcoin Pauses at $80K Ahead of Inflation Data
finance4 hours ago

Bitcoin Pauses at $80K Ahead of Inflation Data

Bitcoin’s rally hit resistance near the $80,000 level as traders await the latest U.S. inflation data (the PCE index). The price hovered around $79,000 after briefly exceeding $81,000, with some profit-taking after a strong run. ETF inflows underpin the move, but momentum signals suggest overbought conditions. A sustained break above $80,000 could open a path to roughly $95,000–$100,000, while failing to hold the level could trigger a near-term pullback.

XRP Surges 52% in Four Days to Three-Month High on Four Catalysts
cryptocurrency3 days ago

XRP Surges 52% in Four Days to Three-Month High on Four Catalysts

XRP jumped 52% in four days from a $0.99 cycle low to $1.50, adding about $32 billion to its market cap; four catalysts—a drop in bond yields, Trump's CLARITY Act push, whale accumulation, and a short squeeze—drove the rally. The token faces support around $1.29 into the September 15 cloture vote, but a failed vote or rising yields could pull it back toward $1.20.

Trump rails against 'ridiculous' rates as debt climbs and markets ride crypto and biotech news
business6 days ago

Trump rails against 'ridiculous' rates as debt climbs and markets ride crypto and biotech news

President Trump calls interest rate levels 'artificial' and 'ridiculous' as the Treasury steps up bond-buybacks to calm markets amid U.S. debt surpassing $40 trillion; he threatens economic warfare against Iran and backs crypto with a proposed 'Clarity Act,' while markets react to a major stock buyback by SK Hynix and positive early results from Moderna and Merck on a cancer vaccine.

Trump pushes industry-backed crypto bill at White House meeting
politics6 days ago

Trump pushes industry-backed crypto bill at White House meeting

At a White House gathering with Coinbase, Ripple and other crypto executives, President Trump urged Congress to pass the industry-backed Clarity Act to regulate digital assets, a move that would split oversight between the SEC and CFTC and impose ethics rules on federal officials, a proposal that ties the crypto industry’s legitimacy to Trump’s own business interests.

OCC Grants Preliminary Bank Charter to Trump-Linked Crypto Firm, Stoking Conflict Concerns
business11 days ago

OCC Grants Preliminary Bank Charter to Trump-Linked Crypto Firm, Stoking Conflict Concerns

The Office of the Comptroller of the Currency preliminarily approves World Liberty Financial’s plan to form a national bank, a move that could enable issuing a USD-backed stablecoin and safeguarding dollar assets, a decision criticized by lawmakers like Elizabeth Warren as a brazen conflict of interest tied to the Trump family’s crypto venture.

Trump Media posts $238M loss while doubling down on Truth Social and new ventures
business14 days ago

Trump Media posts $238M loss while doubling down on Truth Social and new ventures

Trump Media & Technology posted a $238 million loss in Q2 as it pivots back toward social media and expands into crypto and online betting under new CEO Kevin McGurn. It launched Truth API to sell early access to Truth Social posts to Wall Street traders for $60,000–$100,000 a month (10 customers) while continuing a nuclear-fusion venture with TAE Technologies; revenue rose 89% to $1.7 million, but the company carries about $1 billion in debt, with over $400 million in cash and roughly $1.2 billion in bitcoin.

ClickFix macOS malware drains crypto wallets and steals credentials
technology18 days ago

ClickFix macOS malware drains crypto wallets and steals credentials

A Go-based malware delivered through ClickFix phishing emails targets macOS users to steal cryptocurrency assets, browser passwords, and Apple Keychain data, and can intercept or redirect crypto transactions. It uses a Bash profiler and loader to load a Mach-O payload, hides itself by copying as com.apple.verified and removing quarantine attributes, and establishes persistence via fake prompts to grab credentials. The malware can modify transactions before signing, potentially draining only a percentage of funds across assets like Bitcoin, Ethereum, XRP, Monero, Litecoin, and Dogecoin. C2 traffic points to Aeza Group infrastructure (AS 210644), a sanctioned bulletproof-hosting provider.

politics19 days ago

Senate crypto bill ethics plan pushes divestment but final vote unlikely before recess

A bipartisan ethics counteroffer to a major crypto bill would require President Trump and other federal officials with crypto stakes above $1 million and representing 10% or more of a firm’s value to divest (with provisions for blind trusts), plus potential enforcement by state attorneys general. White House discussions are ongoing, but Senate leaders don’t expect final passage before the August recess, as other policy fights and scheduling pressures persist.

OPPO Tied to Broad North Korean Cyberattack Target List
news20 days ago

OPPO Tied to Broad North Korean Cyberattack Target List

A security researcher says OPPO is among more than 1,600 organizations across 57 countries affected by a years‑long North Korean hacking campaign that used fake software developer interviews to install malware, aiming to steal credentials and cryptocurrency; while OPPO is named in disclosures at Black Hat and Wired, it’s unclear what impact this had on OPPO or its users.

Inside North Korea's Global Hack Network: A Researcher Maps 1,640 Breached Companies
technology20 days ago

Inside North Korea's Global Hack Network: A Researcher Maps 1,640 Breached Companies

A Greece-based security researcher spent about two years inside North Korea–linked hackers’ servers and found evidence of 1,640 compromised companies across 57 countries, with roughly 700–800 suffering highly damaging intrusions. The attackers often lure developers with fake job offers to gain credentials and broad access, including root access to servers and AWS, targeting crypto wallets and blockchain keys. Stykas publicly names about a dozen affected organizations at Black Hat, while noting many more firms never responded, creating a risk of ongoing, widespread breaches and potential espionage or crypto theft if attackers maintain persistent access.

Putin Expands Exile Penalties, Tightens Crypto and Food Data Rules
world21 days ago

Putin Expands Exile Penalties, Tightens Crypto and Food Data Rules

Putin signed sweeping laws targeting Russians living abroad who were convicted in absentia—freezing money, blocking remote banking and state services, and prohibiting passports and entrepreneurship—while also legalizing cryptocurrency trading under Central Bank oversight and granting agencies access to confidential food-supply data to monitor prices and curb markups.

Clarity Act Ethics Provisions Face Democratic Skepticism Over Trump Crypto Profits
politics1 month ago

Clarity Act Ethics Provisions Face Democratic Skepticism Over Trump Crypto Profits

The Senate’s Clarity Act would bring crypto markets under federal rules and add ethics guardrails for Trump, his spouse, and lawmakers, including blind trusts, divestiture after enactment, and crypto-disclosure. Democrats say the provisions don’t stop Trump from profiting or using crypto for influence, while Republicans argue the bill provides necessary governance. Enforcement would rest with an Acting Attorney General, and the ethics provisions sunset in 2029; with room for amendments and floor-time uncertainty, its fate before the August recess looks doubtful.