Blockchain Archives - Page 16 of 53

Strategy Acquires 15,355 More Bitcoin for $1.4B, Total Holdings Surpass 550K BTC

Strategy, the BTC treasury giant, has made another major Bitcoin acquisition. Over the past week, the company purchased 15,355 Bitcoin at an average price of $92,737 per Bitcoin, totaling approximately $1.42 billion, according to a filing with the SEC on Monday.

Strategy Now Controls Over 2.6% of BTC’s Fixed Supply

Michael Saylor's X post regarding Strategy's BTC purchase

This latest purchase brings Strategy’s total Bitcoin holdings to an impressive 553,555 Bitcoin, valued at over $52 billion based on current market prices of around $95,000. The company’s cumulative average purchase price now sits at $68,459 per Bitcoin, reflecting a total investment of roughly $37.9 billion, including fees.

It’s holdings now represent more than 2.6% of Bitcoin’s maximum 21 million coin supply—a dominant position in the corporate crypto world.

Meanwhile, competition is heating up. Major players like Cantor Fitzgerald, SoftBank, Bitfinex, and Tether recently launched a $3.6 billion Bitcoin investment initiative, and new firms like Twenty One Capital, led by Strike CEO Jack Mallers, are entering the Bitcoin treasury race.

It funded this latest acquisition through the sale of about 4 million shares of its Class A common stock, raising around $1.4 billion. It also sold over 435,000 STRK shares for an additional $37.5 million. Only $128.7 million worth of MSTR shares remain available for issuance under its current program.

Shares of MSTR rose 5.2% to $368.71 on Friday and gained another 1.42% in pre-market trading Monday, reflecting growing institutional confidence in Strategy’s aggressive Bitcoin tactic.

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XRP Price Rises 1.15% Amid ETF Excitement: What’s Next for Ripple’s Token?

XRP has recorded a 1.15% increase over the past 24 hours, trading at around $2.22 as of April 27, 2025. This minor but important uptick comes as excitement grows over the upcoming launch of the ProShares Trust XRP ETF, set to debut on April 30.

XRP Nears Key Resistance as ETF Optimism Builds

It’s price action shows signs of growing strength. The token is approaching a crucial resistance zone between $2.30 and $2.40 — a region where selling pressure has historically emerged. If bulls can push XRP above this barrier with strong volume, it could open the door to a rally toward the next psychological level at $2.50 and potentially beyond.

Momentum indicators are currently bullish. The Relative Strength Index (RSI) sits near 64, suggesting there’s still room for further upside before entering overbought territory. Meanwhile, the MACD (Moving Average Convergence Divergence) is positive and trending higher, confirming the shift toward bullish momentum.

Volume has also started to pick up slightly, a positive sign that could indicate growing confidence among traders. Analysts caution, however, that failure to clear the $2.30 resistance could lead to a pullback toward $2.10 support.

Overall, XRP’s price structure looks promising ahead of the ETF launch, but market participants should watch for a decisive breakout to confirm the next major move.

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Top 5 Best Cryptocurrencies Today: Bitcoin Nears $94K, Ethereum Eyes $1,800, XRP Climbs Amid ETF Buzz

As of April 27, 2025, the cryptocurrency market showcases notable movements among its leading assets.

Cryptocurrencies: Bitcoin Steadies, Ethereum Shows Potential, XRP Gains Traction

Bitcoin (BTC): Trading at $93,941, Bitcoin remains stable within the $93K–$95K range, reflecting a market capitalization of $1.86 trillion.
Ethereum (ETH): Currently priced at $1,794.41, Ethereum is considered undervalued by analysts, suggesting potential for upward movement.
BNB: At $599.85, BNB faces resistance near the $600 mark, despite recent token burns aimed at reducing supply.
Solana (SOL): Trading at $149.17, Solana maintains its position amid discussions about its potential to climb higher in the crypto rankings.
XRP: Priced at $2.22, XRP has seen a 0.9% increase, bolstered by the SEC’s approval of the ProShares Trust XRP ETF, set to launch on April 30.

The overall market sentiment remains cautiously optimistic, with investors closely monitoring these developments for potential opportunities. Cryptocurrencies are the future of money system and their price fluctuation must be studied for a greater result or yield.

YOU MIGHT ALSO LIKE: Insane ! NFT Market Sees $89.4M in Weekly Sales as CryptoPunks Surge 106%

Insane ! NFT Market Sees $89.4M in Weekly Sales as CryptoPunks Surge 106%

The NFT market recorded $89.4 million in sales this week, marking a significant activity in the digital collectibles space. Notably, CryptoPunks emerged as a standout performer, with sales volume soaring by 106%, highlighting renewed investor interest in this iconic collection.

NFT: CryptoPunks Lead the Charge Amidst Market Fluctuations

CryptoPunks, one of the earliest and most renowned NFT collections, saw its sales volume increase by 106%, reaching $6.3 million. This surge underscores the collection’s enduring appeal and the growing demand for blue-chip NFTs.

While CryptoPunks experienced a significant uptick, other collections like Guild of Guardians Heroes and DMarket faced declines of 1.8% and 18.3%, respectively. These mixed results indicate a selective market where established collections are gaining traction.

The overall market’s performance reflects a dynamic environment, with certain segments experiencing growth while others face challenges. Investors and enthusiasts are closely monitoring these trends to identify emerging opportunities in the digital asset space.

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Breaking ! TON to Shut Down It’s coin Bridge on May 10 as DeFi Ecosystem Matures

The Open Network ( has announced it will officially retire the Toncoin Bridge on May 10, 2025. After this date, users will no longer be able to bridge Toncoin between the blockchain and Ethereum or BNB Smart Chain.

Bridge Retirement Marks TON’s Growing DeFi Independence

It’s decision to sunset the bridge comes as its own decentralized finance (DeFi) ecosystem flourishes. Originally, the bridge played a critical role when the coin was not widely available on centralized exchanges. It allowed users to move it’s coin to Ethereum or BNB Smart Chain and access DEX platforms like Uniswap and PancakeSwap.

However, with the launch of It’s own DeFi platforms and integrations with cross-chain services like LayerZero, Stargate, and Symbiosis, the need for the bridge has declined. It’s maturing infrastructure now enables users to interact natively without leaving the ecosystem.

Users who have already bridged their assets will still be able to claim them even after the May 10 shutdown. Bridging it’s coin into TON is also still active for now but will soon be phased out, with more updates promised.

The Toncoin Bridge processed nearly 32,000 transfers, bridging over 101 million of the coins across networks. Its retirement symbolizes it’s shift toward newer cross-chain technologies that prioritize security, scalability, and efficiency.

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Ethereum Holds Steady at $1,801 Amid Renewed Institutional Interest

Ethereum (ETH) is currently trading at $1,801, reflecting a modest decline of 0.93% over the past 24 hours. Despite this slight dip, the cryptocurrency maintains a strong position, bolstered by significant institutional investments and ETF inflows.

Institutional Investments and ETF Inflows Support Ethereum’s Stability

Recent reports indicate that major financial institutions, including BlackRock and Fidelity, have made substantial investments in ETH. BlackRock’s purchase of $54 million and Fidelity’s acquisition of $35.9 million worth of ETH underscore a growing institutional confidence in the asset.

Additionally, ETH ETFs have experienced significant inflows, with nearly 57,900 ETH valued at approximately $104.1 million being purchased without any outflows. These developments suggest a positive outlook for ETH’s long-term value.

Technical analysis reveals that Ethereum is currently testing key resistance levels around $1,800. The cryptocurrency’s ability to maintain its position above this threshold, despite recent market fluctuations, indicates a resilient support base.

As the broader cryptocurrency market continues to evolve, Ethereum’s stability and the renewed interest from institutional investors may play a crucial role in its future performance.

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New York Man Jailed for $12M Crypto Scam, Faces 18 Years Behind Bars

Crypto Scam: Eugene William Austin Jr., better known as “Hugh Austin,” has been sentenced to 18 years in federal prison for orchestrating a multi-million dollar crypto fraud scheme that scammed more than two dozen victims out of $12 million.

New York Man Misled Investors with Fake Deals leading a Crypto Scam

The Justice Department also confirmed that his son, Brandon Austin, received a four-year prison sentence earlier in connection to the same crypto scam.

According to U.S. Attorney Jay Clayton, Austin deceived entrepreneurs and investors with fake promises of profitable cryptocurrency investments, short-term trading deals, and bogus brokerage services. He also falsely claimed access to funding from wealthy investors that never existed.

Instead of investing the victims’ money, Austin used the funds for personal indulgences, including luxury hotels, flights, restaurants, and other high-end expenses.

A federal jury convicted Austin in September 2024 on multiple charges including conspiracy to commit wire fraud, money laundering, and transporting stolen property across state lines. The sentencing was carried out by U.S. District Judge P. Kevin Castel.

Austin, 62, of Port Jefferson, New York, will also serve three years of supervised release, forfeit over $6 million in assets, and pay $12.6 million in restitution to the victims.

“This Office will continue to pursue those who exploit trust and use cryptocurrency as a cover for fraud,” said Clayton, praising the efforts of Homeland Security Investigations and the Complex Frauds and Cybercrime Unit.

The case was prosecuted by Assistant U.S. Attorneys Olga Zverovich, Matthew Weinberg, and Andrew Chan.

YOU MIGHT ALSO LIKE: Bitcoin Rally Continues With Price Surging Past $95K

Bitcoin Rally Continues With Price Surging Past $95K

Bitcoin (BTC) has surged to $95,045, marking a 1.88% increase in the past 24 hours. The world’s top cryptocurrency continues its rally after bouncing back from an early April low of around $76,000, showing renewed strength across the digital asset market.

Bitcoin Nears $95K as Bullish Momentum Pushes Crypto Market Higher

This upward trend is being driven by a mix of macroeconomic factors and strong investor confidence. Growing speculation around potential Federal Reserve interest rate cuts, combined with institutional adoption and a general bullish sentiment in crypto, has brought fresh energy to the market.

Investment firm ARK Invest recently reaffirmed its bullish stance on Bitcoin, predicting the asset could reach anywhere between $300,000 to $1.5 million by the end of the decade. This long-term optimism is encouraging many retail and institutional players to hold onto their positions or add more BTC to their portfolios.

On the technical side, Bitcoin has broken out of a four-month-long falling wedge pattern and has closed above its 200-day moving average. Analysts also point out that the Relative Strength Index (RSI) is holding above 50, indicating sustained bullish momentum.

But not everything is clear skies. Analysts are eyeing the key psychological resistance of $100,000. A clean breakout above that level could open the path to $107,000, while any pullback might find support around $85,000 or even $76,000.

For now, Bitcoin’s strong performance is bringing positive energy to the broader crypto market, with other digital assets like Ethereum and Solana also posting notable gains. As BTC edges closer to $100K, the crypto world is watching closely to see if it can break through and set new all-time highs in 2025.

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Pump and Dump Scam :UK Drug Gang Launches Memecoin to Launder Cash in

A UK-based drug gang has reportedly taken a bold new approach to laundering their illegal earnings—by creating a memecoin and using it for a classic pump and dump scheme.

British Drug Gang Launches Memecoin to Launder Money in Pump and Dump Scheme

According to an investigation reported by the Daily Mail, private investigator Gary Carroll, a drug crime specialist with a law enforcement background, uncovered the operation. The gang allegedly used proceeds from their drug business to hire developers and launch a fake cryptocurrency inspired by the notorious OneCoin scam.

Carroll stated that the coin’s value or technology wasn’t the point. The real plan was to drive hype online, lure unsuspecting buyers, and cash out fast. The gang paid to develop the token and then used the remaining funds to buy into it, planning to sell their holdings once the price rose due to social media buzz.

“They’re not interested in the tech. It’s about creating hype, getting people to buy in, and then dumping their supply for clean-looking money,” Carroll explained.

The operation was designed to make the drug money appear legitimate. If the coin price spiked—even briefly—the gang could dump their tokens and walk away with “clean” profits, leaving regular investors holding worthless coins.

This method, known as a pump and dump, is not new in financial scams, but Carroll emphasized that creating a brand-new memecoin for laundering purposes is a bold evolution in criminal tactics.

Historically, criminals have used major cryptocurrencies like Bitcoin for money laundering. However, due to stricter regulations and increased scrutiny, this route has become more difficult. In fact, in 2024, the UK’s National Crime Agency (NCA) cracked down on several international crypto laundering networks, including Moscow-based operations Smart and TGR.

This case highlights a growing trend where organized crime intersects with emerging technologies, pushing law enforcement to keep pace with increasingly creative financial crimes. This method of pump and dump has been done several times by influencers as well as celebrities and now criminals have also started using such method which is a sign for potential danger.

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Amazing :Spain to Launch Its First Bitcoin Master’s Program from April 28, 2025

Spain is making history in the crypto education space. Starting April 28, 2025, the University of the Hespérides will offer the country’s first master’s degree focused exclusively on Bitcoin.

Spain Launches First Bitcoin Master’s Degree This April

The 10-month program is tailored for a wide audience — from investors and engineers to lawyers and entrepreneurs — and will be conducted entirely in Spanish. It carries 60 ECTS credits and aims to deliver a complete, in-depth understanding of Bitcoin from fundamentals to advanced concepts.

What sets this program apart is its strong practical component. Students will go beyond theory with hands-on workshops in self-custody, node operations, proof-of-work (PoW) mining, privacy techniques, and tax strategy planning. To support this, participants will receive a Blockstream Jade hardware wallet and a book authored by the program’s director, Álvaro D. María.

The teaching team features some of the most respected names in the space. Economist Juan Ramón Rallo and Álvaro D. María, author of The Philosophy of Bitcoin, will lead the academic portion. Industry professionals from Bitcoin-native firms like Jan3 and BTC Inc. are also involved, bringing real-world insights directly into the virtual classroom.

Beyond education, the program offers networking and career-building opportunities. It’s partnered with Bitcoin-focused companies to help graduates transition smoothly into industry roles.

While the standard program spans 10 months, a condensed 6-month postgraduate version will also be available. Admissions are selective and include application reviews and interviews. Though tuition fees are yet to be revealed, the university plans to offer flexible financing options.

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