KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun selling its $BTC holdings as the battery technology company shifts capital back toward its core business. The retreat marks a sharp reversal from the Bitcoin accumulation strategy KULR launched in late 2024, which allowed up to 90% of surplus cash to be
In brief Galaxy Research now puts the Coldcard exploit’s confirmed haul above 1,778 $BTC (about $112 million), with a suspected fourth wave that would lift it to 2,417 $BTC. No confirmed attacker activity has appeared after August 6, across three major waves and more than 30 smaller footprints. Galaxy has spoken to 190-plus victims directly
Ross Gerber, a prominent Tesla bull and longtime Bitcoin investor, has stated that he no longer takes Bitcoin seriously due to the involvement of Strategy co-founder Michael Saylor. “Saylor kinda makes me over Bitcoin. Hard to take it seriously anymore,” Gerber said in a recent post on X. A staunch Saylor critic The business intelligence
Peter Schiff has warned that Michael Saylor may be forced to sell significantly more Bitcoin ($BTC) and MSTR shares as Strategy attempts to push its STRC preferred stock back toward its $100 target. “Despite selling Bitcoin and $MSTR to raise cash and buy back $STRC, STRC is still trading below $95,” Schiff said in a
India’s crypto sector presents an unusual contradiction: adoption is accelerating even as taxation and compliance rules continue creating significant friction for traders. Market research and business consulting firm IMARC estimates the Indian crypto market could expand from about $3.04 billion in 2025 to $14.21 billion by 2034. Source: IMARC That represents roughly 4.7 times the
Lynq CEO Jerald David has said institutional finance needs interoperable settlement systems capable of moving cash and collateral 24/7 as firms adopt several forms of digital money. In comments shared with crypto.news, David said the Bank of England’s latest digital pound experiment gives an early indication of how institutional markets may use several forms of
When India’s rupee weakens, headlines often frame Bitcoin as the obvious beneficiary. The reality is more complicated. A falling rupee doesn’t automatically translate into more people buying crypto in India, even though it does change how the numbers look on paper. Three things actually happen when the rupee falls, and none of them is “everyone
Recent data from the Bitcoin options market indicates that investor concerns about short-term price movements have eased, but the market is not yet fully optimistic. According to Glassnode’s analysis, the $60,000-$70,000 range has become a critical trading zone for Bitcoin’s next directional move. Glassnode noted that activity in Bitcoin’s native options market has remained relatively
Bitcoin is trading at a critical technical crossroads as $BTC holds near its 50-day SMA while pressing against a long-running descending trendline. The charts point to $65,400 as the key upside breakout level, while a loss of nearby support could expose liquidity around $62,200 and potentially deeper levels Bitcoin Tests 50-Day SMA as Long-Term Downtrend
Key takeaways Bitcoin trades near $63,567 on Friday after rebounding from support around $62,300. $BTC remains below its 50-day, 100-day and 200-day EMAs, preserving the broader bearish bias. The RSI at 46 and a negative MACD signal weak momentum despite the recent stabilization. Bitcoin ($BTC) shows signs of stabilization on Friday after recovering from a