Bitcoin mining operators are putting less of a strain on Paraguay’s power grid than engineers initially predicted, the nation’s power provider says.
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US Treasury Doubles Down, Hits Crypto Exchange Garantex with Second Sanction
US Treasury’s OFAC has redesignated Garantex and sanctioned successor Grinex, executives, and affiliates, citing more than $100 million in illicit crypto transactions since 2019 and prior 2022 actions.
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Bessent Clarifies US Bitcoin Plans, Says Treasury Buys Will Be Budget Neutral
Bessent revealed that while Washington intends to develop a reserve “to get into the 21st century,” it will not be buying coins outright.
The post Bessent Clarifies US Bitcoin Plans, Says Treasury Buys Will Be Budget Neutral appeared first on Cryptonews. …
Aerial footage shows aftermath of massive train derailment in Texas
Video shows mangled train cars piled on top of each other on the tracks, as emergency crews attended the scene
Watch: Wildfire approaches horse enclosure in Greece
At least three people have also died in Spain, Albania and Turkey as wildfires wreak havoc.
ETH ETFs Just Hit a $1 Billion Net Inflow Day – Could That Spur Altcoin Rotation This Weekend?
ETH Inflows have reached a record, with U.S. spot Ethereum ETFs drawing $1B in a single session. BlackRock’s ETHA has led with $640M and Fidelity’s FETH has added $277M. Liquidity and participation have expanded across DeFi, L2s, and connected markets.
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$1.05B Liquidation Tsunami Wrecks Crypto Bulls Following Hot US Inflation Data – Bull Run Over?
The crypto bull run has been halted after $1.05B in liquidations followed hotter-than-expected US inflation data. Bitcoin, Ethereum, and other major cryptocurrencies have posted steep losses, with only Cardano remaining in positive territory amid a shift in market sentiment.
The post $1.05B Liquidation Tsunami Wrecks Crypto Bulls Following Hot US Inflation Data – Bull Run Over? appeared first on Cryptonews. …
BtcTurk Turkey’s Second-Largest Crypto Exchange Loses $48M in Major Hack – What’s Happening?
BtcTurk, a major crypto exchange in Turkey, has reported a suspected $48M multi-chain breach targeting hot wallets. Cryptocurrency deposits and withdrawals are suspended, but fiat transactions remain unaffected as security teams investigate in coordination with blockchain analysts.
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ETH Roars Toward Record as BlackRock Drives $640M Inflow: CryptoQuant Urges Caution
ETH has neared an all-time high after touching $4,781.24. US spot ETFs have drawn $1B in one day, led by BlackRock ETHA $640M and Fidelity FETH $277M. Spot volume has exceeded Bitcoin’s, while higher exchange inflows have pointed to profit-taking. The ETH/BTC ratio has crossed its 365-day average.
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Stablecoin Speculation Triggers Swings, Hong Kong SFC and HKMA Caution Investors
Hong Kong’s financial regulators have addressed recent stablecoin-related market volatility, stressing that licence approvals hinge on meeting stringent requirements. They urged investors to avoid relying on speculation or early-stage announcements when assessing market prospects.
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