The U.S. government is seeking to seize a massive 127,271 bitcoin (≈$14B) linked to a scam run by Chinese national Chen Zhi and his Cambodia-based criminal network.
The bitcoin price tumbled amid massive liquidations, sparking fears of a bull market end. Yet, on-chain metrics and macro signals suggest this is just a healthy reset, paving the way for stronger rallies ahead.
American fast-food chain Steak ‘n Shake has abandoned plans to accept Ethereum payments following criticism from Bitcoin supporters.
The 90-year-old chain, which began accepting Bitcoin...