South Korea probes Bithumb after $43B ‘phantom’ Bitcoin payout
South Korean authorities launched an investigation into Bithumb after it mistakenly credited 620,000 BTC to users, adding to concerns about “paper Bitcoin” and internal controls.
Gemini exit a ‘blow for policymakers’ with UK crypto hub ambitions
Industry groups and exchanges said the United Kingdom’s slow, overlapping crypto rules and compliance frictions are undermining its “global hub” ambition.
Bitcoin ETFs extend rebound as $145M in fresh inflows hit market
The Bitcoin ETF rebound comes as analysts flag slowing outflows. Early BTC holders trim positions rather than exit as BTC hovers near $70,000, according to Bitwise.
Analysts debate whether Ether has capitulated or has further to fall
Analysts say Ether’s MVRV Z-Score has entered capitulation territory at -0.42 after falling 30% in a fortnight, though it is still far from its worst score.
Fed’s Waller says crypto hype ‘fading’ with TradFi tie-ins
The crypto market’s volatility is just “part of the game,” says Federal Reserve governor Chris Waller, who adds that traditional finance may have added to the recent market drop.
Bitcoin sentiment hits record low as contrarian investors say $60K was BTC’s bottom
Bitcoin’s Fear & Greed sentiment indicator fell to its lowest ever level, leading some analysts to suggest that $60,000 was the bottom for BTC. Does historical data agree?