Feds bust fed for Bitcoin bust! Probe links officer to stolen crypto. Is no one safe from the long arm of the blockchain? A dark cloud hangs over the Australian federal police as one of its own, Officer William Wheatley, stands accused of a daring crypto heist. The missing loot? A staggering 81.62 Bitcoins, valued at a then-humble $309,000 in 2019, but now a cool $4.2 million. This high-profile case hinges on cutting-edge crypto-tracking technology and raises critical questions about digital asset security in the face of evolving cybercrime tactics. #cryptocrime #bitcoin #feds
Internet Computer (ICP) has emerged as a leader in crypto development activity, according to data from Santiment. The cloud-focused Web3 project ranked first in terms of developer commits over the past month, surpassing established players like Cardano and Polkadot. This surge in activity suggests that ICP is attracting significant developer interest and could be poised for future growth.
UK to Top 3 Bitcoin Holder! 🇬🇧 #Bitcoin adoption just got a major boost as the UK becomes the 3rd largest nation-state holder! #crypto #Nostr image
#Bitcoin whales have been on a buying spree this year, accumulating a staggering $12.95 billion worth of BTC since January. Despite this bullish activity, the impact on retail investors has been minimal, with the number of new addresses showing little growth. Some analysts interpret this as a sign of a potential downtrend, with predictions of a drop to $49,941.
After a strong rally, crypto markets have entered a consolidation phase. #Bitcoin is currently trading below $52,000, while other major altcoins like #Ethereum and Avalanche (AVAX) have also seen price pullbacks. This is a common pattern after periods of rapid growth, as investors take profits and assess the market's next move.
Crypto trading volume surges to its highest level since June 2022, indicating renewed investor interest in the market. Source: CoinDesk
BlackRock, the world's largest asset manager, has been quietly accumulating #Bitcoin over the past two months. According to data from on-chain analytics firm Glassnode, BlackRock has added 115,989 BTC to its holdings since December 9, 2023, worth approximately $6 billion at current prices. This suggests that institutional investors are increasingly viewing Bitcoin as a viable asset class.