The United States Department of the Treasury has imposed sanctions on the Karen National Army, a Burmese militia group, accusing it of orchestrating large-scale crypto scams alongside other offences. The sanctions were announced on May 5 in a press release from the Treasury’s Office of Foreign Assets Control. The press release revealed that the KNA has been at the center of a complex network of sophisticated digital fraud schemes, including the notorious crypto “ pig butchering ” scams. In these scams, victims are typically lured online through dating apps and social media, where scammers initiate prolonged, increasingly intimate conversations. Once trust is established, targets are induced to invest in bogus crypto projects controlled by the scammers. Over time, they are coaxed into committing increasingly large sums. The endgame arrives when the scammers vanish, taking the funds with them. You might also like: FBI ties over $9b in 2024 fraud losses to crypto scams, led by ‘pig butchering’ schemes Treasury’s press release explained that proceeds from these South East Asian crypto scams are often laundered through the Huione Group in Cambodia, which was recently designated a “primary money laundering concern” under Section 311 of the USA PATRIOT Act. Huione has been previously linked to laundering stolen crypto assets for North Korea’s Lazarus Group, and is alleged to have moved over $4 billion in illicit funds between August 2021 and January 2025. Its operations include a sprawling array of businesses such as Huione Pay, Huione Crypto, and a Telegram-based black market now rebranded as Haowang Guarantee. FinCEN also flagged the group’s USDH stablecoin , which is reportedly designed to evade law enforcement by being resistant to freezing. You might also like: Australia shuts down 95 firms with ties to crypto pig butchering scams
Bitcoin Struggles as Gold Outperforms in Shifting Macroeconomic Landscape As Bitcoin continues to navigate the choppy waters of the financial market, gold is asserting its dominance, with the price of
Crypto regulatory discussions in the U.S. are a current focal point. Continue Reading: Lawmakers Tackle Crucial Crypto Regulations Before Recess Deadline The post Lawmakers Tackle Crucial Crypto Regulations Before Recess Deadline appeared first on COINTURK NEWS .
On Monday, two long-dormant wallets—first activated in July 2013, precisely a decade and ten months ago—moved 3,421 bitcoin valued at $322.5 million, marking their first transaction since inception. Long-Dormant Silk Road Wallets Move Millions in Bitcoin Data compiled on May 5, 2025, reveals two separate transactions (1,2) originating from wallets established in July 2013. The
Get ready, fans of speculative fiction and crypto enthusiasts! The world of Black Mirror Web3 is no longer confined to the screen. Netflix’s critically acclaimed series, known for its thought-provoking exploration of technology’s impact on society, is taking a bold step into the decentralized future by launching its own official token and an innovative interactive platform. This isn’t just a simple digital collectible drop. According to reports from GAM3S.GG, the project is building a comprehensive ecosystem designed to engage fans on a new level, blending the show’s themes with real-world Web3 technology. At the core of this initiative is a new platform built on the KOR Protocol , a system designed for creating on-chain identities and interactions. The project boasts support from significant players in the tech and Web3 space, including Animoca Brands, known for its extensive portfolio in blockchain gaming and entertainment, Niantic Labs (creators of Pokémon GO), and the high-performance blockchain Avalanche. What is This Black Mirror Token All About? The introduction of a Black Mirror token is a pivotal element of this Web3 venture. While specific details about the token’s utility and tokenomics are still emerging, its primary function appears to be tied directly to user engagement and participation within the new platform. Tokens in Web3 ecosystems often serve multiple purposes, such as: Governance: Giving holders a say in the platform’s future development. Utility: Accessing specific features, content, or events within the ecosystem. Rewards: Being earned through participation and distributed for loyalty or activity. Value Transfer: Being traded on secondary markets. For the Black Mirror platform, the token is expected to be a key reward mechanism, incentivizing users to interact deeply with the content and the unique systems being implemented. Earning this token could unlock further experiences, creating a circular economy within the Black Mirror Web3 universe. Iris AI and Your Crypto Reputation: A Familiar (and Unsettling) Concept? Perhaps the most intriguing, and fittingly Black Mirror-esque, component of this platform is the introduction of Iris. Described as an AI assistant, Iris’s role is to monitor user behavior. But this isn’t just tracking clicks on a website. Iris reportedly monitors user activity across their connected crypto wallets and social media profiles. Why? To generate a real-time, on-chain crypto reputation score. This concept immediately brings to mind episodes like ‘Nosedive,’ where social standing is quantified and dictates access and opportunities. In the context of the Black Mirror Web3 platform, this reputation score isn’t just for show. It’s functional. Your score, calculated by Iris based on your digital footprint (both on-chain crypto activity and off-chain social engagement), will directly influence your eligibility for rewards. This is a fascinating application of reputation systems in Web3, moving beyond simple proof-of-stake or participation badges to incorporate a broader, more complex picture of a user’s online persona. It raises questions about data privacy, algorithmic bias, and the nature of identity in a connected, decentralized world – themes central to the show itself. What Rewards Can Users Expect? The primary driver for user participation, beyond sheer curiosity, will be the rewards tied to the Iris-generated crypto reputation score. The announcement highlights several types of potential rewards: Token Airdrops: Receiving free distributions of the official Black Mirror token. A higher reputation score could mean larger or more frequent airdrops. Whitelist Access: Gaining priority or exclusive access to future NFT drops, platform features, or related projects. Whitelists are common in Web3 for early access or guaranteed spots in limited releases. Exclusive Content: Accessing unique behind-the-scenes material, interviews, digital art, or perhaps even interactive narrative elements related to the show. This directly leverages the entertainment aspect of the IP. This reward structure incentivizes users to build and maintain a positive reputation within the ecosystem, encouraging specific types of engagement and behavior that the platform deems valuable. Black Mirror and Web3 Entertainment: A Natural Fit? While the idea of a dystopian show embracing potentially intrusive technology might seem ironic, Web3 entertainment is a growing sector, and Black Mirror’s themes align surprisingly well with some of the concepts Web3 explores – data ownership, digital identity, algorithmic influence, and decentralized systems. Integrating Web3 could allow the show’s creators to: Enhance Storytelling: Create interactive experiences that extend the narrative beyond passive viewing. Users’ actions on the platform could potentially influence digital story elements or unlock hidden lore. Build Community: Foster a deeper connection with fans by giving them tangible ownership (via tokens or NFTs) and a stake in the ecosystem. Explore Themes: Use the platform itself as a meta-commentary on the very technologies the show critiques. The Iris AI reputation system is a prime example of this. Create New Revenue Streams: Generate revenue through token sales, NFT drops, and platform fees, potentially funding future projects or enhancing the current ones. This move positions Black Mirror at the forefront of experimental Web3 entertainment , attempting to merge traditional media with decentralized technologies and tokenized economies. Powering the Platform: KOR Protocol, Avalanche, and Industry Giants The technical foundation of this project relies on robust infrastructure. The choice of KOR Protocol for identity and interaction suggests a focus on creating persistent, on-chain user profiles. Building on Avalanche provides a fast, scalable, and low-cost blockchain environment suitable for handling potentially high volumes of transactions and user interactions generated by a popular IP. The involvement of Animoca Brands and Niantic Labs adds significant weight and expertise. Animoca Brands is a leader in blockchain gaming and metaverse development, bringing experience in building token economies and engaging digital worlds. Niantic Labs, with its success in augmented reality and location-based gaming, could potentially hint at future AR or real-world elements integrating with the platform, further blurring the lines between the digital and physical, much like Black Mirror often portrays. This combination of specialized protocols (KOR), scalable blockchains (Avalanche), and experienced developers (Animoca, Niantic) provides a strong technical backbone for what is an ambitious project. Challenges and Considerations While exciting, the Black Mirror Web3 initiative isn’t without potential hurdles and points of discussion: Data Privacy Concerns: The Iris AI monitoring social media and crypto wallets will inevitably raise questions about user data collection, storage, and usage, especially given the show’s themes. Transparency will be key. Adoption by Mainstream Fans: Introducing Web3 concepts like tokens, wallets, and on-chain reputation to a general audience requires significant education and simplification. Will mainstream Black Mirror fans embrace the complexity? Balancing Engagement and Dystopia: How will the platform navigate the line between creating an engaging experience and inadvertently replicating the unsettling scenarios depicted in the show, particularly concerning the reputation system? Market Volatility: As with any tokenized project, the value of the Black Mirror token could be subject to crypto market fluctuations, which could impact user perception and participation. Regulatory Uncertainty: The Web3 space is still evolving legally and regulatorily across different jurisdictions. Successfully navigating these challenges will be crucial for the long-term viability and public perception of the project. How Can You Get Involved? Details on how to access the platform and start interacting are expected to be released as the launch progresses. Typically, participation in such Web3 projects involves: Setting up a compatible cryptocurrency wallet. Visiting the official platform website (when announced). Connecting your wallet and potentially social media accounts to enable the Iris AI functionality. Engaging with the platform’s content and activities to earn reputation points and tokens. Keep an eye on official Black Mirror and KOR Protocol channels for announcements regarding the official launch date and access instructions. Conclusion: A Bold Experiment in Web3 Entertainment Netflix’s Black Mirror entering the Web3 space with a dedicated token and a reputation-based platform powered by KOR Protocol , Avalanche, Animoca Brands, and Niantic is a significant development. It represents a major entertainment IP embracing decentralized technology not just for collectibles, but for creating a deeper, more interactive, and potentially thought-provoking fan experience. The Iris AI and its crypto reputation system are particularly noteworthy, directly integrating themes from the show into the mechanics of the platform itself. While challenges related to privacy and mainstream adoption exist, this initiative is a fascinating, perhaps even inevitable, step in the evolution of Web3 entertainment , blurring the lines between fictional narratives and real-world digital identity and value. To learn more about the latest crypto market trends, explore our article on key developments shaping Web3 entertainment initiatives.
In the ever-changing world of crypto, where meme coins often shift between hype and anonymity, one Bitcoin analyst is turning heads with a bold prediction indicating that FloppyPepe (FPPE) , currently priced at a microscopic $0.0000002 in presale, could soar by over 3,000% in 2025. Though meme-fueled rockets are rare in today’s market, the Bitcoin analyst claims that this new meme coin is unexpectedly defying the odds, riding a wave of viral hype and poised for an explosive bull rally. Bitcoin (BTC) Holds Steady Near $94,000 As Investors Watch For A Post-Breakout Move Bitcoin (BTC), currently trading at approximately $94,000, saw a decline recently, with the cryptocurrency remaining confined to a narrow range as markets await clearer signals. Following a late-April rally, momentum appears to have faded, leaving Bitcoin (BTC) trading sideways between $92,000 and $97,000 as investors remain cautious. According to a technical analysis of Bitcoin (BTC)/USDT on the OKX exchange dated May 5, 2025, Bitcoin (BTC) is currently trading just below a key resistance level. The chart outlines a Bitcoin (BTC) breakout from a prolonged descending trendline, suggesting a potential shift in market sentiment. Key Fibonacci correction and extension levels have been plotted to highlight zones of support and resistance. The analyst also commented that the breakout could mark the beginning of renewed upward momentum, with a potential move toward higher extension levels, provided Bitcoin (BTC) maintains its position above critical support areas. FloppyPepe (FPPE): The Meme Coin A Bitcoin Analyst Says Could Surge 3,000% in 2025 A leading Bitcoin analyst has named FloppyPepe (FPPE) the altcoin gem of 2025, projecting a 3,000% surge for this under-$0.1 token. What sets this cryptocurrency apart is its unique blend of meme culture, AI technology, and practical functionality. Built on both Binance Smart Chain and Solana, FloppyPepe (FPPE) powers an ecosystem that includes AI-driven meme creation and smart trading tools, turning creativity into real, monetizable value. Beyond the hype, this meme coin stands on solid fundamentals with a purpose-driven Floppynomics model. Every transaction incurs a 3% fee, split evenly to reward holders, burn tokens for scarcity, and fund charitable causes. This structure not only supports sustainable growth but also promotes community loyalty and drives real-world impact, making FloppyPepe (FPPE) a rare fusion of entertainment, technology, and ethical mission. Momentum In Numbers: Why FloppyPepe (FPPE) Is The Presale To Watch These numbers are turning heads across the market: Private Sale Success: 5 trillion tokens sold out in under 24 hours, raising close to $1 million. Presale Surge: Over 7 trillion tokens sold during Phase 1, reflecting intense early demand. Price Point: At just $0.0000002 , a Bitcoin analyst sees huge growth, especially with a potential 3,000% rally. AI Meets Meme Culture: The FloppyPepe (FPPE) Creative Model At the heart of FloppyPepe’s (FPPE) great rise is its lineup of advanced AI tools: Meme-o-Matic : A Telegram meme machine that transforms simple ideas into viral, monetizable memes, earning revenue for users. FloppyX : A real-time AI video engine that launches engaging content in sync with peak user activity for maximum viral impact. FloppyAI : A smart assistant delivering token insights, live market visuals, and timely alerts blending crypto analytics with meme culture. Create images like this with FLOPPYAI now!! Ultra-Low Price, High Potential: 80% Bonus Now Live On FloppyPepe (FPPE) As Bitcoin (BTC) trades around $94K and a Bitcoin analyst’s bold predictions of a 3,000% surge dominate the crypto space, FloppyPepe (FPPE) is turning heads. Combining advanced AI tools, real-time functionality, and viral cultural appeal, FloppyPepe (FPPE) is being recognized as a serious meme coin set for a breakout in 2025. Backed by influencer support from figures like Nass Crypto and echoing the view from a Bitcoin analyst, FloppyPepe (FPPE) is quickly gaining traction. Priced at just $0.0000002 , the meme coin offers an ultra-low entry point with massive growth potential. The project has already passed a SolidProof audit, adding a layer of trust, and investors can also access an 80% bonus using the code FLOPPY80 on the official site. Join the FloppyPepe (FPPE)presale and community: Website | Whitepaper | Telegram | X (Twitter) Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Bitcoin Analyst Picks This Under $0.1 Meme Coin To Rise 3,000% Or More In 2025 – Generous Bonus Tokens Inside appeared first on Times Tabloid .
Bitcoin dipped marginally after reaching a new peak above $97,000 on May 2. It retreated to just below $94,000, a 3% to 4% decline from its recent high. Although short-term price movements are keeping traders nervous, longer-term on-chain data is beginning to exhibit signs that may influence what happens next. Related Reading: BNB Bulls Target $644 As Classic Chart Formation Emerges Index Reading Indicates A Potential Early Bull Market One gauge, which is referred to as the Bitcoin Composite Index v2.0, is now standing at a reading of 0.8. The index mixes price action with blockchain activity and attempts to weigh where Bitcoin could be going. For analyst Constantin Kogan, a reading on this scale has previously appeared ahead of some massive price rallies, such as in 2017 and 2021. Kogan described how if this number rises to 1.0 and holds, Bitcoin may begin to accelerate significantly faster. The index isn’t quite there now—but it’s heading in the right direction. One of the most important components of the index, the “Running ATH Price,” has begun trending upward too. This suggests that additional buyers are entering the market and faith may be on the rise. 📈 The upward momentum in Bitcoin is just starting to build, with on-chain metrics like the Bitcoin Composite Index signaling the beginning of a bull market. The index has already reached 0.8 (80%). Here are three possible scenarios: 🚀 Bullish: BTC could surge to… pic.twitter.com/8bZ4vmr2CH — Constantin Kogan (@constkogan) May 4, 2025 Price Target May Hit $175K If Momentum Continues If Bitcoin maintains its momentum and drives the Composite Index to more than 1.0, analysts predict the price to rise sharply. The target range given is between $150,000 and $175,000. That’s if bullish momentum accelerates and past trends are repeated. But if the index remains wedged between 0.8 and 1.0, Bitcoin may stall for a bit. That means a range-bound market, ranging from $90,000 to $110,000. Kogan also highlighted a third, less probable route—if the index falls below 0.75. Then Bitcoin may correct back to $70,000 to $85,000. Supply Data Shows Where Buyers Stepped In The second part of the puzzle is from the UTXO Realized Price Distribution chart, also referred to as the URPD chart. Provided by analyst Checkmate, it plots where the holders of Bitcoin last transferred their coins. This provides a sense of who purchased when—and at what price. A huge segment of buyers appears to have entered between $93,000 and $98,000. That region is currently behaving as a crucial supply zone. It’s the region where investors have just bought Bitcoin and may hold on or sell based on what follows. Related Reading: TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off Market Awaits Clear Move From Current Zone Bitcoin is squarely in the middle of that range at about $94,000. As Checkmate points out, the next move will depend on whether price breaks out strongly or gets rejected. A strong breakout, evidenced by a powerful daily candle, could turn recent supply into profit and propel prices higher. But if the price can’t rise through this area, it could create a lower high and attract additional selling pressure. For the moment, Bitcoin sits in wait mode. Traders and analysts are monitoring both the Composite Index and supply figures to determine whether the current lull becomes the next leg up—or a further step down. Featured image from Gemini Imagen, chart from TradingView
Key points: Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%. Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts. Traders see a short-term slump amid a wider BTC price rebound. Bitcoin ( BTC ) eyed fresh month-to-date lows into the May 6 Wall Street open as “directionless” crypto markets contrasted with a gold rebound. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Analysis: Bitcoin, crypto “largely directionless” Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum stalling at $95,000 before the latest daily close. Inching closer to the key yearly open support level at $93,500, BTC/USD appeared caught in limbo while gold returned to outperform. XAU/USD was up 1.5% on the day at the time of writing, with week-to-date gains already at 4.4%. XAU/USD 1-hour chart. Source: Cointelegraph/TradingView “Crypto implied vols remain suppressed, with front-end skew drifting back toward neutral and spot largely directionless,” trading firm QCP Capital wrote in its latest bulletin to Telegram channel subscribers. QCP noted various swings across the macro spectrum, with the dollar staying lower and emerging market currencies, especially the Taiwanese dollar, surging alongside gold. “At the same time, the FX shakeup coincides with a nearly 3% surge in gold on Monday, as investors lean into the weaker-dollar narrative and price in geopolitical risk premia, including prospective US trade diplomacy,” it continued. With Bitcoin yet to follow suit, QCP saw an “increasingly binary” next phase, with one outcome being that BTC “decouples from gold’s safe haven bid and relinks with broader risk proxies.” In its own analysis , trading resource The Kobeissi Letter nonetheless saw the “first gold, then Bitcoin” narrative sticking. “In April, Bitcoin joined the gold run, increasing correlation for the first time in months. Between April 7th and April 21st, gold surged +15% along with +12% in Bitcoin,” it observed in an X thread on May 5. “The flight to decentralized and inflation-protected assets is strong. Keep watching this trend.” Bitcoin vs. gold comparison. Source: The Kobeissi Letter/X MACD gives BTC bulls pause for thought Examining technical data, Bitcoin traders suggested that BTC/USD may be pausing within a broader comeback. Related: Bitcoin eyes gains as macro data makes US recession 2025 ‘base case’ Evidence for this came from the moving average convergence/divergence (MACD) indicator, a measure of trend strength that gave conflicting signals on longer and shorter timeframes. #btc weekly MACD about to cross bullishly from a position of strength... pic.twitter.com/x2JjK9rHNW — dave the wave🌊🌓 (@davthewave) May 6, 2025 Popular trader Dave The Wave revealed a bullish signal on the weekly MACD, while daily behavior confirmed a bearish crossing below the zero line. “BTC is consolidating between last week’s high and low, awaiting tomorrow’s FOMC meeting and Jerome Powell’s speech. Meanwhile, the daily MACD is crossing bearish, signaling slowing momentum,” fellow trader Titan of Crypto summarized . BTC/USDT 1-day chart with MACD data. Source: Titan of Crypto/X His post referred to the week’s key macro event , the meeting of the Federal Reserve to decide on interest rate changes, due on May 7. Earlier, Keith Alan, co-founder of trading resource Material Indicators, warned that the yearly open was unlikely to hold as support. “To summarize, I'll be pleasantly surprised if the YO holds,” he told X followers. “While I'm prepared for a wick to to $88k - $90k range, I think the $91.6k level around the 21 MA is a likely target this week.” BTC/USD 1-week chart with 21SMA. Source: Cointelegraph/TradingView This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Some traders just flipped internet chaos into a jaw-dropping payday. A handful of early buyers allegedly walked away with over $100 million after g...
The post UK Rejects U.S. Bitcoin Reserve Strategy, Prefers Current Financial Framework appeared first on Coinpedia Fintech News Emma Reynolds from the UK Treasury announced that the UK will not adopt the U.S. strategy of holding Bitcoin in reserves. Instead, the country will regulate digital assets within its existing financial framework, avoiding the adoption of the EU’s MiCA regulations. This decision highlights the UK’s preference for maintaining a traditional regulatory approach while managing digital asset growth, rather than introducing new, complex frameworks.