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Keywords: Bitcoin


Musician G. Love loses $420,000 in Bitcoin to fake wallet on Mac App Store

Philadelphia musician Garrett Dutton, known as G. Love, revealed on April 11 via X that he lost 5.92 Bitcoin worth over $420,000 after downloading a fraudulent Ledger wallet app from Apple's Mac App Store. The stolen cryptocurrency represented ten years of savings. The incident occurred while transferring......

Bitcoin short squeeze risk rises as open interest nears $25 billion

Bitcoin is showing conditions often linked to a potential short squeeze, as derivatives positioning becomes increasingly tilted toward bearish bets. Data from CryptoQuant indicates that Bitcoin open interest climbed to around $24.2 billion, a five week high. At the same time, funding rates dropped to......

Bitcoin tops $72,000 ahead of US-Iran talks and CPI data

Bitcoin crossed $72,000 Friday, fueled by cautious optimism over upcoming US-Iran ceasefire talks and anticipation of a key inflation report later in the day. The top cryptocurrency rose 1.6% to around $72,159 early session, positioning for a roughly 7.3% weekly gain as risk appetite improved to support......

Bitcoin jumps 3% on Iran ceasefire proposal as short squeeze hits crypto market

Bitcoin climbed approximately 3 percent to trade near $69,200 on Monday, lifted by reports of a last-minute diplomatic initiative between the United States and Iran and a wave of forced liquidations that punished bearish traders across crypto markets. The rally, which pushed the leading cryptocurrency......

Bitcoin hovers near $67,000 as fear index hits 10 and whale selling intensifies

Bitcoin oscillated around 67,000 dollars on Friday as extreme fear gripped crypto markets, with heavy short positioning on derivatives platforms creating what analysts describe as a potentially volatile inflection point. The largest cryptocurrency opened at approximately 66,888 dollars on April 3, down......

Coinbase commits $150 million to protect Bitcoin from quantum computing threats

Coinbase CEO Brian Armstrong announced this week that he will personally oversee a new industry initiative to protect Bitcoin against quantum computing threats, committing $150 million to a "Quantum Defense Fund" that will award grants to developers working on integrating post-quantum cryptography......

Google warns quantum computers could crack Bitcoin encryption within minutes

Google's Quantum AI team has published a white paper revealing that breaking the elliptic curve cryptography securing Bitcoin and Ethereum may require far fewer quantum computing resources than previously thought — and could theoretically be done fast enough to intercept a transaction before......

Gold heads for worst month since 2008 as war-driven dollar surge hammers prices

Gold is on course for its steepest monthly decline since October 2008, falling roughly 15 percent in March as a surging U.S. dollar and rising Treasury yields stripped the metal of its traditional safe-haven appeal, even as a major war rages across the Middle East. The selloff has wiped more than $1......

JPMorgan says Bitcoin has outperformed gold as a safe haven during the Iran war

JPMorgan analysts have concluded that Bitcoin demonstrated safe-haven demand during the Iran war, outperforming both gold and silver as precious metals suffer their worst monthly rout in years. The research note, published Wednesday by managing director Nikolaos Panigirtzoglou, provides what some analysts......

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