Strategy continues to dominate the Bitcoin treasury landscape, leveraging innovative debt and equity instruments to expand its BTC holdings aggressively. After a brief pause, Strategy’s co-founder Michael Saylor confirmed the
Strategy continues to lead the pack among Bitcoin treasury companies, issuing debt and equity instruments to finance more purchases.
A fraudster who drained hundreds of thousands of dollars from an elderly victim’s account is now staring at the possibility of spending decades behind bars. Cuban national Michel Duarte Suarez has pleaded guilty to one count of conspiracy to commit bank fraud and mail fraud and one count of aggravated identity theft after stealing about $803,000 from his victim’s bank account over a four-month period. Court documents show that Suarez told a confidential informant in March 2022 that he had access to the account of an 82-year-old victim. While living in Panama at the time, the scammer wrote and sent checks to South Florida with instructions to his co-conspirators to encash the checks and wire 50% of the funds to Suarez’s Miami-based firm, Online Electronics. Authorities say that Suarez forged the checks to resemble the signature of the victim displayed on their signature card for the same bank account. Suarez was arrested in January 2025 in Panama and was extradited to South Florida to face the charges. For his crimes, he could spend 30 years behind bars plus a mandatory consecutive two-year sentence to any imprisonment term handed down by a judge. The fraudster is slated for sentencing on September 29th, 2025, in Miami before United States District Court Judge Kathleen M. Williams. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $803,000 Drained From Elderly Victim’s Account in Check Fraud Scheme – Mastermind Faces up to 30 Years Behind Bars: DOJ appeared first on The Daily Hodl .
Bitcoin reached record highs this week while experiencing its lowest daily exchange inflows in over a decade, signaling remarkably low selling pressure according to Cryptoquant research. Minimal Rush to Sell: Cryptoquant Reports Dwindling Exchange Inflows Across Major Cryptos Cryptocurrency analytics firm Cryptoquant reports that despite bitcoin achieving new all-time highs this week, daily exchange inflows
Dogecoin has surged 49% in just nine days, signaling renewed investor interest and potential for a significant rally backed by strong momentum and volume spikes. Historical price patterns aligned with
According to CoinDesk Data price information , at 2:20 p.m. UTC on Sunday, the bitcoin (BTC) price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period. Bitcoin's achievement was a little bit surprising because the crypto market was waiting for the U.S. stock market to open on Monday to discover the reaction to the 30% tariffs against imports from the EU and Mexico that Trump announced late Friday on Truth Social. Analysts expect the bitcoin price to reach as high as $250,000 by year-end. For example, in a recent interview on CNBC, Fundstrat Capital CIO Thomas Lee said that the demand versus supply imbalance for BTC meant that its price could easily reach anywhere from $150,000 to $250,000 by the end of this year. As of 4:11 p.m. UTC, bitcoin is trading at around $118,882, which is a gain of 1.38% in the past 24-hour period. Meanwhile, on the same day, XLM got as high $0.4815 (at 3:20 p.m. UTC), but currently it is trading at $0.4578, up 22% in the past 24 hours. XLM's performance, although highly impressive, was not a huge shock since on Saturday, it surged 6% to $0.3880, making it the top performer by percent change among the top 20 cryptocurrencies by market cap. As for HBAR, its intraday high of $0.2516 was reached at 3:10 p.m. UTC, but it is currently trading at around $0.2439, up 27% in the past 24 hours, which makes it right now today's top percentage gainer among the top 20 cryptocurrencies. Crypto analyst Rekt Capital noted on X that HBAR’s recent 62% surge aligns closely with its 2021 price cycle, suggesting the token could be setting up for a similar breakout pattern. According to the analyst, HBAR has been tracking the 2021 structure "almost perfectly," and any near-term pullback should be viewed as a potential retest with the goal of breaking above the current lower high resistance level. The pseudonymous analyst also pointed out that a modest 2.5% dip in bitcoin’s market dominance has already fueled strong rallies across many altcoins. He noted that if such a small decline can trigger outsized altcoin moves, a more substantial drop in dominance — into double-digit territory —could significantly accelerate capital rotation into the altcoin market.
Bitcoin’s ( BTC ) surge to a record high of $119,370 has triggered $123.19 million in short liquidations across major crypto exchanges over the past 24 hours, catching bearish traders off guard. Binance led with $43.04 million in cryptocurrency short liquidations, followed by Bybit with $37.17 million and OKX with $15.67 million, according to on-chain data retrieved by Finbold from Coinglass on July 13. Other affected exchanges included Gate.io ($12.63 million) and HTX ($7.32 million). Overall, 62.44% of all liquidated positions were shorts. 24-hour cryptocurrency exchange liquidation. Source: Coinglass A breakdown of specific cryptocurrencies shows that over the past 24 hours, Bitcoin led the losses with $34.06 million in short liquidations, followed by Ethereum ( ETH ) at $22.04 million, XRP at $5.64 million, and Solana ( SOL ) at $2.61 million. Total cryptocurrency liquidation. Source: Coinglass The liquidations were driven by a short squeeze, as Bitcoin’s breakout above key resistance levels forced short sellers to cover their positions. High leverage on platforms like Binance and Bybit amplified the losses, with even minor price moves wiping out positions. What next for Bitcoin Currently, the market remains uncertain about Bitcoin’s next move, with some analysts predicting a potential retracement near its current highs. For instance, pseudonymous cryptocurrency analyst Niels noted in a July 13 X post that the long-term Power Law Analysis chart identifies the $119,000 to $120,000 zone as a critical resistance level. Bitcoin price analysis chart. Source: Alpractal He shared a chart, plotted on a log-log scale, that tracks Bitcoin’s historical price action against power law trendlines that have shaped its long-term growth trajectory. Currently, BTC is testing a cluster of upper trendlines, signaling strong resistance overhead. A breakout above the $120,000 level could open the door to further gains, targeting the $135,000 and $140,000 range, which aligns with the next set of power law bands. Conversely, a rejection at this level could lead to a short-term pullback to the $114,000 and $115,000 zone, which aligns with mid-range support. Such a move would remain within the broader long-term bullish framework outlined in the chart. Bitcoin price analysis At press time, Bitcoin was trading at $118,692, up roughly 1.3% over the past 24 hours and nearly 9% over the past week. Bitcoin seven-day price chart. Source: Finbold Meanwhile, Bitcoin’s Relative Strength Index ( RSI ) stands at 72, signaling overbought conditions. If RSI remains elevated, BTC could face a period of consolidation or a potential correction. Featured image via Shutterstock The post $120 million in crypto shorts obliterated as Bitcoin smashes past $119,000 ATH appeared first on Finbold .
Credit card users are no longer limited to points and cashback on purchases—now there are crypto rewards, too.
Animoca Brands , the Web3 powerhouse, and DayDayCook (DDC) Enterprise, a packaged food and meal-prep company, have teamed up in a cryptocurrency management deal. As per the update from the Memorandum of Understanding MoU, Animoca will allocate $100 million worth of Bitcoin (BTC) to DDC for management. Strategic Expansion of Bitcoin Treasury Adoption Notably, DDC will manage Animoca’s Bitcoin holding while generating yield from its reserves. The development is a significant event in institutional adoption and Bitcoin treasury management. It adds to the growing trend of traditional companies embracing Bitcoin as a hedge against inflation and a preferred store of value. Interestingly, in May, DDC signaled it was embracing the Bitcoin treasury route with plans to accumulate 5,000 BTC over the next three years. After the announcement, DDC made an initial 21 BTC purchase as it began its quest to protect its assets amid global financial uncertainty. Under the management deal with Animoca, Yat Siu, the co-founder and Executive Chairman, will join DCC’s Bitcoin Visionary Council. Siu will be there to provide both leadership and steer the Bitcoin treasury operations. The goal is to ensure that the budding firm aligns with standards obtainable in the sector. Crypto Finance Meets Traditional Industries Speaking on the development, Norma Chu, founder and CEO of DCC, maintained that Siu’s addition to the team at Bitcoin Visionary Council was invaluable. She stated that Siu’s excellent experience will ensure strategic decisions on the BTC initiative. Chu emphasized that together, they hope to build a disciplined risk management system that would ensure they maximize Bitcoin’s full potential as a contemporary asset of value. This marks another bold partnership in the crypto sector. In the first quarter of 2025, Animoca Brands also partnered with Standard Chartered Bank, Hong Kong. The move saw the duo launch a Hong Kong dollar-backed stablecoin . Animoca Considers U.S. Public Listing Meanwhile , Animoca Brands is considering a public listing in the U.S . given the shift in regulatory climate after President Donald Trump assumed office for a second term. Siu says the decision to launch an IPO is strategic as there appear to be fewer regulatory obstacles to deal with. The broader crypto community remains keen on seeing how the partnership turns out. It will also be interesting to see how the Bitcoin accumulation progresses amid the rising value of the digital asset. The post $100M Bitcoin Bet: Animoca Brands Teams Up with DayDayCook appeared first on TheCoinrise.com .
Traders are optimistic despite tariff announcements, with Bitcoin showing resilience. Markets seem indifferent to recent negative news, maintaining a focus on altcoins. Continue Reading: Traders Expect Bitcoin’s Resilience Amid Tariff Speculations The post Traders Expect Bitcoin’s Resilience Amid Tariff Speculations appeared first on COINTURK NEWS .