Thailand Seizes $8.6M in Bitcoin Rigs as Scam Networks Turn Mining Into a Laundering Engine

Thai authorities seized 3,642 Bitcoin rigs worth $8.6M tied to Myanmar-based scam franchises, exposing how illegal mining turns stolen power and fresh coins into a resilient laundering stack.

Washington Moves to Revoke Coinme’s Bitcoin ATM License, Demands $8.37M Repayment Over Unredeemed Vouchers

Washington’s DFI says Coinme booked unredeemed crypto vouchers as income. Order seeks $8.37M restitution, a $300K fine, and a possible 10-year ban for the firm and its CEO.

Bitcoin Shorts Stack Up as Fed Cut Odds Near 90%—But Rally Looks Like Short-Covering, Not Conviction

Over $6B in BTC leverage is exposed before the Fed: $3B shorts liquidate on a 3% pop to $96,250; $3.52B longs on a 4.54% drop to $89,209. Data point to short-covering and weak spot demand.

BlackRock’s Fink and Coinbase’s Armstrong: Crypto’s Policy Pivot Is Here

At DealBook Summit, BlackRock’s Larry Fink and Coinbase’s Brian Armstrong say policy momentum and client demand are mainstreaming Bitcoin and stablecoins—banks may follow.

Strategy’s 650,000-BTC Bet Isn’t “Too Big to Fail”—It’s a Reflexivity Test

Strategy holds 650,000 BTC (3.1% of supply). The real risk isn’t size—it’s a liquidity and signaling feedback loop if mNAV flips and “never sell” meets corporate reality.

Bitcoin reclaims $92K as tokenization momentum builds: BlackRock’s signal, Kraken–Backed deal, Chainlink stack, BoA’s 1–4% crypto tilt

Bitcoin jumps to $92.9K as institutions lean into tokenization. BlackRock touts tokenized assets, Kraken buys Backed, Chainlink expands tooling, BoA sets 1–4% crypto allocation.

Eric Trump’s American Bitcoin Stabilizes After Initial Unlock as Market Tests Supply Overhang

ABTC steadied near $2.33 after Tuesday’s unlock drove shares to $1.75. Still 35% below Monday’s $3.60, investors weigh dilution against a 4,004 BTC treasury and rising revenue.

Bitcoin’s $93K Feint: ETF Rotation Points to a Fake Breakout Ahead of Fed Decision

BTC jumped 5.7%—its fifth-best day this year—but a brief break above $93K faded. Net ETF inflows hit $58.5M as IBIT +$120M offset ARKB -$90.9M. Fed cut odds sit at 89%.

Bitcoin’s Short-Term Capitulation Sets Up a Reflexive Break Above $93K

Short-term holder losses and $570M of shorts near $93,321 prime Bitcoin for a squeeze. Options skew softens, sentiment turns, and a clean break could accelerate upside.

Australian Bitcoin Lobby Files Complaint, Says ABC News Framed BTC as Crime Tool and Ignored Use Cases

Australia’s Bitcoin industry group accuses ABC News of policy breaches, alleging one-sided reporting that conflates BTC with crime and overlooks real-world utility.