Bitcoin Eyes $119K as Corporates Add 28K BTC Amid Strategic Reserve Buzz

Bitcoin

Key Takeaways Bitcoin flipped the narrative this week—turning FOMC-driven caution into momentum toward a $119,000 target. While markets initially reacted to the Fed’s dovish silence, attention quickly shifted to confirmation that Washington is quietly building a Strategic Bitcoin Reserve. Institutional Buyers Step In as Reserve Plans Intensify Despite a lack of reassurance from Fed Chair … Read more

Tornado Cash T‑Shirt Sparks Courtroom Drama

Tornado Cash

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

Crypto ETF Redemptions Get SEC Greenlight

Crypto ETF

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

US Government Moves to Forfeit $2.4M in Bitcoin Seized

US Government Moves to Forfeit $2.4M in Bitcoin Seized

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

CoinDCX Denies $1B Coinbase Buyout

CoinDCX Denies $1B Coinbase Buyout

Key Takeaways Indian crypto exchange CoinDCX has firmly denied media speculation that it’s in “advanced discussions” to be acquired by Coinbase for close to $1 billion. CEO Sumit Gupta used X to reaffirm that the exchange remains independently focused on strengthening India’s crypto infrastructure. CoinDCX Recovers from Major Hack CoinDCX suffered a $44.2 million breach … Read more

Solana Boss Slams Meme Coins as “Digital Slop”

Solana Boss Slams Meme Coins as “Digital Slop”

Key Takeaways In a public exchange with Base creator Jesse Pollak, Solana co‑founder Anatoly Yakovenko stirred controversy—calling meme coins and NFTs “digital slop” that lack intrinsic value, even as they have fueled much of Solana’s recent economic revival. Yakovenko’s Dismissal of Speculative Assets Yakovenko compared meme coins and NFTs to loot boxes in free‑to‑play games—flashy, addictive … Read more

Monero Defeats Qubic Attack: Community Fights Back

Monero Defeats Qubic Attack: Community Fights Back

Key Takeaways The Monero community faced a strong challenge last week after an attempted economic attack by a supporter of the Qubic protocol. The alleged attacker spent over $1 million trying to manipulate the market and divert attention and hash power from Monero’s secure chain. This event started when large quantities of Monero were sold, … Read more

Eric Trump’s ETH Bet Pays Off Amid 35% Rally

Key Takeaways Ethereum’s latest rally has given Eric Trump a reason to celebrate. The son of former President Donald Trump took to X to highlight Ethereum’s performance since his February 2025 endorsement. While critics mocked his timing, ETH has climbed more than 30%, transforming what seemed like a political stunt into a validated investment suggestion. … Read more