A letter signed by two of El Salvador’s top financial officials reveals that the country has not purchased any bitcoin since February 2025, the same month it began its financing program with the International Monetary Fund (IMF). This directly challenges public claims made by President Nayib Bukele and El Salvador’s Bitcoin Office. The letter was published on July 15 as part of the IMF’s first program review. It clearly states that “the stock of Bitcoins held by the public sector remains unchanged.” It also notes that El Salvador submitted all public crypto wallet addresses, both hot and cold, to the…

A massive Bitcoin holder from the early days, known as a “Satoshi-era whale”, has just moved the rest of their Bitcoin to a new wallet, just days after sending a large amount to Galaxy Digital. According to blockchain tracker Lookonchain, the whale transferred 40,192 Bitcoin on Thursday, worth about $4.77 billion at today’s prices. They added that the whale “may continue to sell.” Earlier this week, the same whale had moved 40,009 Bitcoin in several transactions to Galaxy Digital. Data from Nansen shows that Galaxy then sent 6,000 Bitcoin to the crypto exchanges Binance and Bybit, possibly to prepare for…

Bitcoin retracted to $118k after reaching an all time high of $122k on Monday. According to sources, L33tz founder of the Rage crypto trade publication filed a FOIA in March, 2025 and received a response on Wednesday. According to the reports, the US Marshal now holds 28,988 Bitcoins worth $3.5 billion.  In a letter from the Department of Justice, the U.S Marshals Service confirmed that as of March, it held just over 28,988 bitcoins, with an approximate value of $3.4 billion at the time. The US Marshals Service is the federal court responsible for managing the seized assets received in…

In a landmark move, Sydney-based fintech Block Earner has introduced a new way for Australians to purchase homes using their Bitcoin as collateral, without even having to liquidate their Bitcoin holdings. The firm claims this is Australia’s first Bitcoin-backed home loan with the ability to purchase real estate using crypto currencies. How does the loan work?  The loan essentially enables borrowers to use their Bitcoin as collateral to finance up to 50% of a property’s value as a deposit.  It does not require the borrower to sell their cryptocurrency, thereby preserving exposure to potential future gains.  This method also allows…

Back in 2017, Bulgaria’s government took control of over 213,000 Bitcoin during a crackdown on cybercrime. At that time, the Bitcoin was worth about $3.5 billion, enough to cover around 20% of the country’s national debt. The government sold the Bitcoin the following year. Today, that same amount of Bitcoin would be worth more than $25 billion. That’s actually more than Bulgaria’s total public debt, which is around $24 billion according to World Economics. If the country had held onto the Bitcoin, it could have paid off all its debt, and still had some money left over. How Bitcoin’s Value…

In the fast-changing world of cryptocurrency, Marathon Digital Holdings, or simply MARA, has made a name for itself as one of the biggest Bitcoin miners out there. But this company isn’t just mining Bitcoin, it’s also buying and holding it like it’s gold. MARA is a U.S.-based public company that runs large data centers filled with powerful machines built to mine Bitcoin. These machines solve complicated problems to keep the Bitcoin network running, and in return, they earn Bitcoin. Why Is MARA Holding Onto Its Bitcoin? While many crypto mining companies are selling their Bitcoin to cover daily costs, MARA…

Did a crypto addiction drive a woman to murder her own mother? A New Zealand court is now grappling with that chilling question. In Brief  In what one may call one of New Zealand’s most disturbing cases of financial deception turned deadly, 37-year-old Julia DeLuney is on trial for allegedly murdering her 79-year-old mother. Bitcoin trading and fabricated profits play a central role in the unfolding courtroom drama. Prosecutors allege DeLuney lured her mother, Helen Gregory, into sending thousands by fabricating Bitcoin trading gains. She claimed a $160,000 crypto windfall, but in reality, her investments were hemorrhaging.  DeLuney allegedly told…

The country’s Bitcoin stash is now worth more than $760 million after the price of BTC jumped above $122,000 over the weekend. Back in 2021, El Salvador made headlines by becoming the first country to adopt Bitcoin as legal tender, a move that faced heavy criticism from global leaders and financial experts. Even though the policy was dropped in early 2025, the government kept buying Bitcoin. Now, with over 6,200 BTC in its reserves, El Salvador holds one of the largest crypto stashes of any country. Many critics had blamed El Salvador’s Bitcoin experiment for worsening the country’s debt problems.…

Bitcoin has now become the fifth most valuable asset in the world, after its price jumped to a record high of around $122,000. At the moment, Bitcoin’s total market value is about $2.4 trillion, higher than Amazon, Silver, and Google, based on data from companiesmarketcap.com. Gold is still at the top with a market cap of $22.6 trillion, followed by NVIDIA, Microsoft, and Apple. Bitcoin first crossed the $120,000 mark late Sunday night and kept climbing, reaching $122,500 by Monday. “This rally isn’t just momentum, it’s infrastructure-driven. The rally is being driven by a powerful convergence: institutional inflows through ETFs,…