Category: Bitcoin News

Wrench Attacks Increased by 75% in 2025, Resulting in $41M Losses: CertiK

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Physically targeting crypto users or their relatives, colloquially known as “wrench attacks,” significantly increased in the last year, according to blockchain security auditor CertiK. In a report on wrench attacks released on Sunday, CertiK said there had been 72 verified cases worldwide in 2025 in which crypto users had been subject to physical attacks. According to the platform, such attacks were “no longer edge cases,” given that physical assaults and kidnappings had increased by about 75% over incidents in 2024.  “Beyond direct losses, the psychological and reputational fallout is reshaping…

Relief Rally Leads To Green Bitcoin, Altcoin Charts, But Will It Last?

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Key points: Bitcoin has started a relief rally, which is expected to face selling near $84,000. Several major altcoins are at risk of breaking below their support levels if the bulls fail to clear the overhead resistance levels. Bitcoin (BTC) turned up from the $74,508 level on Monday, and the buyers are attempting to maintain the price above $79,000. BTC analyst PlanC said in a post on X that the fall to the $75,000 to $80,000 zone might be “the deepest pullback opportunity this Bitcoin bull run.” The Crypto Fear…

Bitcoin Bull Market Likely Not Coming Back, Traders Admit

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Bitcoin (BTC) fought to avoid a fresh price dive at Monday’s Wall Street open as traders increasingly gave up on the bull market. Key points: Many Bitcoin market commentators no longer see the return of the bull market. BTC price action sees four consecutive red monthly candles for the third time in history. Gold cooling off can still offer crypto a shot, says analyst. Analyst: “Looks like” $126,000 was BTC price top Data from TradingView confirmed a roughly 2% bounce for BTC/USD versus the daily open. BTC/USD one-hour chart. Source:…

Why India Wants the E-Rupee to Move Beyond Borders

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Key takeaways India’s e-rupee has evolved from a domestic digital payment experiment into a strategic instrument aimed at influencing cross-border trade, remittances and tourism flows. The e-rupee represents sovereign digital money, enabling direct and final settlement without relying on multiple intermediaries for international payments. India views cross-border CBDC use as a way to address long-standing inefficiencies in global payments, including high costs and slow settlement times. Proposals to link the e-rupee with other countries’ CBDCs reflect India’s effort to simplify trade and tourism settlements using sovereign digital currencies. India’s e-rupee…

XRP Price Risks Repeating 2022 Crash as New Buyers Face Big Losses

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XRP is below the average buy price of the past year, putting many holders in the red and increasing downside risk in the near term. XRP (XRP) mirrored a 50% crash scenario from 2022 as it underwent its sharpest weekly selloff since October 2025. Key takeaways: New XRP buyers are in the red As of Monday, XRP was trading around $1.60, down more than 20% over the past week and sitting well below the cost basis of buyers from the last 12 months. XRP realized price by age. Source: Glassnode…

Strategy Buys 855 BTC As Price Briefly Falls Below Cost Basis

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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases for the week as the prices briefly dropped below $75,000. Strategy acquired 855 Bitcoin (BTC) for $75.3 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $87,974 per BTC, with Bitcoin starting the week above $87,700 and reaching $90,000 before briefly plummeting below $75,000 on Sunday, according to CoinGecko. Source: SEC The purchase brought Strategy’s total Bitcoin holdings to 713,502 BTC, purchased for…

BitMine $7B Paper Loss, Crypto Crash Pressures ETH Treasuries

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Corporate Ether treasury companies are facing significant paper losses on their holdings after the latest market correction pulled many underwater. BitMine Immersion Technologies, the largest corporate Ether (ETH) holder, is sitting on $6.95 billion in unrealized losses. Its Ether holdings were acquired at an average price of $3,883 per token, significantly higher than the current $2,240 ETH price.  SharpLink Gaming, the second-largest Ether treasury firm, is facing $1.09 billion in paper losses, after Ether’s price fell below its average cost basis of $3,609, according to the company’s dashboard. The mounting…

Binance Begins $1B SAFU BTC Conversion With First $100M Buy

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Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC. Crypto exchange Binance has bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users (SAFU). The Bitcoin (BTC), worth $101 million, was bought for an average price of $77,409.89 per coin, according to data from Blockchain.com. Binance says it expects to shift the rest of SAFU’s $1B from stablecoins to Bitcoin within the next 27…

Hong Kong Targets March for First Stablecoin Licenses

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The Hong Kong Monetary Authority (HKMA), Hong Kong’s financial regulator, is preparing to grant its first stablecoin issuer licenses in March, according to a Reuters report.  During a Legislative Council meeting on Monday, HKMA Chief Executive Eddie Yue reportedly said the regulator’s review of stablecoin license applications was nearing completion. Yue added that the initial approvals will be limited, with only a “very small number” of licenses expected to be issued in the first batch.  At a subsequent media briefing, the regulator said the assessments were focused on use cases,…

Bitcoin ETF Investors Underwater After $2.8B Outflow Wave

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Bitcoin is trading below the average cost basis of US spot Bitcoin ETFs after they recorded their second and third-biggest outflow weeks last month, according to Galaxy’s head of research, Alex Thorn. The total assets under management for US Bitcoin ETF products are approximately $113 billion, according to Coinglass, and they collectively hold around 1.28 million BTC, according to BiTBO, implying an average cost basis of about $87,830 per Bitcoin. Meanwhile, Bitcoin (BTC) prices collapsed by around 11% in a fall from $84,000 on Saturday to a nine-month low of…