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Bitcoin Profit Cycle Turns Negative for First Time Since 2023: CryptoQuant

Bitcoin's profit cycle has turned negative for the first time since 2023, according to data from CryptoQuant. This shift indicates that more Bitcoin holders are currently at a loss compared to those in profit. The decline in profitability is attributed to recent market volatility and a drop in Bitcoin's price. Analysts suggest that this trend could impact investor sentiment and trading behavior in the short term. The overall market may experience increased caution as a result of this negative profit cycle.

Read the full article: Decrypt

FBI Investigating After Malware Found Lurking in Steam PC Games

The FBI is investigating reports of malware hidden within popular PC games on the Steam platform. The malware is believed to be capable of stealing sensitive information from players, including login credentials and personal data. This discovery raises concerns about the security of gaming platforms and the potential risks to

Bitcoin Hit a Major Milestone—Most Miners Won't Be Around for the Next One

Bitcoin has reached a significant milestone with its block reward halving event, which reduces the reward for mining new blocks from 6.25 to 3.125 BTC. This event, occurring approximately every four years, is designed to control the supply of Bitcoin and increase its scarcity. However, many current miners

Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal

The Ethereum Foundation has sold 5,000 ether to Tom Lee's BitMine in a deal valued at $10.2 million. This transaction highlights ongoing interest in Ethereum and its ecosystem, as well as the strategic moves by investment firms in the crypto space. The sale reflects the Foundation&

Judge Rejects RICO Claims in Lawsuit Over Pastor-Led Crypto Ponzi Scheme

A judge has dismissed RICO claims in a lawsuit related to a Ponzi scheme led by a pastor involving cryptocurrency investments. The lawsuit accused the pastor and others of engaging in racketeering activities, but the court found insufficient evidence to support these claims. The pastor had allegedly promised high returns

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FBI Investigating After Malware Found Lurking in Steam PC Games

Bitcoin Hit a Major Milestone—Most Miners Won't Be Around for the Next One

Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal

Judge Rejects RICO Claims in Lawsuit Over Pastor-Led Crypto Ponzi Scheme