Roni Cohen-Pavon, former Celsius chief revenue officer, in a New York federal courtroom during sentencing hearing for fraud and price manipulation.
Bitcoin News

Celsius Sentencing: US Prosecutors Seek Leniency for Ex-CEO Exec, Citing Cooperation

Federal prosecutors have recommended a lenient sentence for Roni Cohen-Pavon, the former chief revenue officer of the defunct cryptocurrency lending platform Celsius. In a letter filed Monday in the US District Court for the Southern District of New York (SDNY), US Attorney Jay Clayton highlighted Cohen-Pavon’s “substantial assistance” to the government. This cooperation included his […]

US Treasury building exterior in Washington, D.C. under clear sky
Bitcoin News

US Treasury privately demands Binance comply with monitoring deal after Iran transaction reports

The United States Department of the Treasury has privately demanded that cryptocurrency exchange Binance adhere to a monitoring program established under a 2023 settlement, following reports that the platform facilitated approximately $1 billion in transactions linked to Iran. The demand, reported by The Information on Thursday, signals escalating scrutiny of the exchange’s compliance with anti-money […]

Digital map of US states with crypto PAC spending data and campaign materials on desk
Bitcoin News

Crypto-backed PACs deploy $7.2M in media buys across five states ahead of 2026 primaries

Two political action committees affiliated with the cryptocurrency-backed Fairshake network reported a combined $7.2 million in media expenditures this week, targeting congressional races in Georgia, Texas, Kentucky, Alabama, and Nebraska. The filings, submitted to the Federal Election Commission, come less than six months before the 2026 midterm elections and signal the growing influence of digital […]

Fund manager reviewing Bitcoin price chart on a tablet in a modern office.
Bitcoin News

Institutional Investors Increase Bitcoin Exposure as Crypto Sentiment Improves, CoinShares Survey Shows

Institutional investors are gradually increasing their exposure to digital assets, with Bitcoin continuing to dominate allocation preferences as broader crypto market sentiment improves, according to a new survey from asset manager CoinShares. Survey details: $1.3 trillion in AUM represented The April 2026 survey gathered responses from 26 institutional investors overseeing a combined $1.3 trillion in […]

Bitcoin price chart showing dip below $80,000 with ETF inflow data on trading monitors
Bitcoin News

Bitcoin Dips Below $80K, but Record ETF Inflows Signal Strong Buying Support

Bitcoin’s price briefly slipped below $80,000 on Thursday, retreating from a rejection at the $82,800 resistance level. However, a surge in spot Bitcoin ETF inflows—the strongest weekly intake since January—may provide a counterbalance to selling pressure and limit further downside. Technical Signals Point to Short-Term Weakness The pullback followed a bearish divergence on the one-hour […]

Samson Mow speaking at a conference with a Bitcoin logo in the background
Bitcoin News

Samson Mow defends Strategy’s potential Bitcoin sales as a strategic necessity

Samson Mow, a prominent Bitcoin advocate and former Blockstream executive, has publicly defended the possibility that Strategy — the corporate Bitcoin treasury giant formerly known as MicroStrategy — may sell portions of its massive Bitcoin holdings. The defense follows comments from Strategy co-founder Michael Saylor during the company’s first-quarter earnings call on Tuesday, in which […]

Kalshi trading platform screens in a modern financial office with analysts in background
Bitcoin News

Kalshi valuation doubles to $22B after $1B raise as prediction markets surge

Prediction marketplace Kalshi has reached a $22 billion valuation after closing a $1 billion Series F funding round, signaling surging venture capital interest in regulated event trading. The new valuation doubles the company’s worth from just five months ago, reflecting rapid retail adoption and growing institutional demand. Wall Street and Silicon Valley back Kalshi’s growth […]