Micah Zimmerman
Bitcoin Price Skyrockets 6% Near $75,000 as Short Liquidations Accelerate
Bitcoin price surged over 5% to near $75,000 after days of range-bound trading
Crypto Exchange Kraken Faces Extortion Attempt After Insider Access Incidents Involving Support Staff
Crypto exchange Kraken disclosed two insider-related support access incidents involving limited client data and said it is facing an extortion attempt after attackers claimed to possess internal system videos.
Capital B Buys More Bitcoin, Expands Treasury to 2,925 BTC After Debt Conversions and Equity Raise
Capital B expanded its bitcoin treasury to 2,925 BTC after converting debt, raising equity, and continuing its accumulation strategy.
Bank Lobby Fires Back at White House, Saying Stablecoin Study Ignores Community Bank Threat
The American Bankers Association is pushing back on a White House stablecoin study, arguing it underestimates the risk that yield-paying stablecoins could drain deposits from community banks.
SEC Opens Limited Broker Exemption Path for Crypto Trading Interfaces
The U.S. SEC issued new guidance indicating that certain user-facing interfaces used in crypto securities trading may not be required to register as broker-dealers.
Bitcoin Faces Selling Strain Above $70K as Wall Street Signals Correction Near End
Bitcoin is struggling to break above $70K as profit-taking caps rallies, even as Wall Street firms grow more bullish on equities amid signs the recent correction may be ending.
Strategy (MSTR) Buys a Massive 13,927 Bitcoin Worth $1B, Total Holdings Hit 780,897 BTC
Strategy purchased 13,927 BTC for approximately $1.0 billion, bringing total holdings to 780,897 BTC, funded entirely via STRC.
Bitcoin Policy Institute Warns Quantum Advances Are Compressing Timeline for Network Upgrades
A new brief from the Bitcoin Policy Institute says advances in quantum computing may bring forward risks to Bitcoin’s cryptography, though developers are already working on fixes.
BlackRock Posts Massive Bitcoin ETF Inflows as Morgan Stanley Debuts MSBT With Strong Early Demand
U.S. spot Bitcoin ETFs saw a $358.1 million inflow surge led by BlackRock’s IBIT, while Morgan Stanley’s new MSBT debuted with strong early demand
TD Cowen Initiates Coverage on Bitcoin Treasury Companies, Frames PBTC Sector as Investable Equity Category
TD Cowen initiated coverage on three public Bitcoin treasury firms. The firm also predicted that bitcoin will hit roughly $140,000 this year.
