King A

Key Takeaways As traditional markets reopened on Monday, Bitcoin surged towards $116,000, drawing attention to liquidity clusters and CME gap mechanics. Analysts say reclaiming that level could validate continued strength, while ETF flows will reveal whether institutions are buyers or retreating again. Bitcoin Battles Major Liquidity Walls Traders pointed to a concentration of sell orders … Read more

Key Takeaways Entrepreneur David Bailey, known for advising former President Trump on Bitcoin strategy, is preparing to form a political action committee (PAC) with ambitions to raise up to $200M. The stated goals include pro‑Bitcoin legislation, policy changes, and even long-term price elevation targets. Ambitious Vision from Price Extremes to Policy Bailey proposes setting Bitcoin … Read more

Key Takeaways Qubic, the mining pool behind a planned 51% takeover of Monero, claims it suffered a DDoS attack that slashed its hashrate. The incident appears timed with Monero community efforts to block the takeover and raise questions about on-chain defenses and attack attribution. “Attack” Claims Disputed by Network Metrics Despite Ivancheglo’s X posts claiming … Read more

Key Takeaways Coinbase CEO Brian Armstrong has slammed the UK’s advertising framework after broadcasters banned its satirical TV ad “Everything Is Fine.” The one-minute musical parody—highlighting economic frustration—was reportedly pulled without formal action by the Advertising Standards Authority. Armstrong says the move chills innovation and vowed to run similar ads in other regions. Pushback Over … Read more

Key Takeaways Justin Sun, founder of Tron, has completed a successful suborbital flight aboard Blue Origin mission NS‑34, returning with a renewed appreciation for Earth’s vulnerability. A long-time goal realized, Sun was joined by five other passengers in this commercial space venture. A New Perspective from Orbit Sun bid $28 million in 2021 for the … Read more

Key Takeaways In a tense courtroom scene at the Tornado Cash criminal trial, Roman Storm’s meme T‑shirt became a focal point of contention. The shirt, depicting Ether “cleaned” through Tornado.cash, drew sharp remarks from prosecutors who portrayed it as evidence of laundering software marketing. Storm’s defense later dismissed it as “a joke in poor taste,” … Read more

Key Takeaways SkyBridge Capital founder Anthony Scaramucci issued high praise for SEC Commissioner Hester Pierce—dubbed “Crypto Mom”—after the agency approved in-kind redemption mechanisms for Bitcoin and Ethereum ETFs. This change allows authorized participants to directly swap ETF shares for the underlying tokens, bypassing the need for cash redemptions. In‑Kind Redemptions Mean Lower Costs & Faster … Read more

Key Takeaways The US government has filed to legally seize 20.2 Bitcoin (valued at approximately $2.4 million) confiscated by the Dallas FBI from the Chaos ransomware group. If approved, the funds may join the proposed Strategic Bitcoin Reserve mandated by the executive order issued in March. Dispute Over US Government BTC Holdings While public trackers … Read more