Report: Trump Administration Pressures Romania to Lift Travel Restrictions on Controversial Influencers Andrew and Tristan Tate

February 18, 2025 Bitcoin.com

bitcoin.com

US President Donald Trump’s administration has reportedly pressured Romanian authorities to lift travel restrictions on controversial influencer and memecoin promoter Andrew Tate, along with his brother Tristan, who face serious allegations in Romania. Currently under judicial control, the Tates can travel within Romania under specific legal conditions, while both brothers deny any wrongdoing. The Financial […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Metaplanet Announces Stock Split to Enhance Liquidity

February 18, 2025 Bitcoin.com

bitcoin.com

On February 18, 2025, Japanese Bitcoin-standard company Metaplanet announced a stock split aimed at improving liquidity and expanding its investor base. Following a significant rise in stock price after a reverse split in August 2024, the company will split each share of common stock into 10 shares, effective April 1, 2025. This decision comes as […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Metaplanet Expands Bitcoin Holdings With Additional Purchase of 269.43 BTC

February 17, 2025 Bitcoin.com

Bitcoin (BTC)

Metaplanet announced on Monday that it has acquired an additional 269.43 BTC, valued at approximately $26.4 million (¥4 billion). This latest purchase brings the company’s total holdings to around 2,031 BTC, which is worth about $196 million at current prices. With an average purchase price of around $80,700 per bitcoin, Metaplanet’s overall investment in bitcoin […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies

February 17, 2025 Bitcoin.com

bitcoin.com

Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump about challenging the U.S. dollar’s dominance. The BRICS bloc has been exploring alternatives to […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

February 17, 2025 Bitcoin.com

bitcoin.com

A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered cryptocurrency mining firm that guaranteed fixed investment returns of 15%-30% APR and falsely implied FDIC backing. From 2017 to […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Goldman Sachs Boosts Bitcoin ETF Holdings

February 16, 2025 Bitcoin.com

Bitcoin (BTC)

Goldman Sachs significantly expanded its Bitcoin ETF holdings in Q4 2024, increasing its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88% to $1.27 billion, according to its latest SEC filing. The firm also boosted its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC) by 105%, now holding $288 million in shares. While […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

‘Not a Maxi Anymore:’ Plan B Pivots to Bitcoin ETFs

February 16, 2025 Bitcoin.com

Bitcoin (BTC)

Plan B, a bitcoin analyst who is famous for his stock-to-flow (S2F) price prediction model, has announced that he sold his tokens, pivoting to bitcoin exchange-traded funds (ETFs). Predicting a negative backlash from the community, he stated: “Yes I know, not your keys not your coins. But it is just easier for me to manage […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Clucoin Founder Sentenced to 27 Months for $1.14M Crypto Fraud

February 16, 2025 Bitcoin.com

Clucoin Founder Sentenced to 27 Months for .14M Crypto Fraud

bitcoin.com

The founder of Clucoin, Austin Michael Taylor, was sentenced to 27 months in prison for wire fraud, followed by three years of supervised release, and ordered to pay $1.14 million in restitution and forfeitures. Taylor, 41, from Sykesville, Maryland, used his social media influence to promote Clucoin, a Miami-based cryptocurrency project under his company, CLU […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Hashflare Operators Plead Guilty in Massive Fraud Case

February 16, 2025 Bitcoin.com

bitcoin.com

Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their fraudulent mining service, Hashflare. The scheme, running from 2015 to 2019, deceived hundreds of thousands worldwide, including U.S. investors, by selling mining contracts despite lacking the computing power to generate promised returns. Instead, they fabricated […]

Bybit Faces Historic Withdrawals—350K Requests and Counting

Bitdeer’s Bitcoin Holdings Rise to 833 BTC

February 15, 2025 Bitcoin.com

Bitcoin (BTC)

Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on Feb. 14, excludes customer deposits, emphasizing the company’s growing reserves amid a competitive mining environment. Previously, the company had announced the acquisition of a $21.7 […]

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