Bitcoin Bound for the Moon? CIO Predicts $200,000 by 2025 End!

In his interview, Hougan mentioned that the Bitcoin network only produces 450 Bitcoin per day, while yesterday alone, Bitcoin ETFs (exchange-traded funds) bought 10,000 Bitcoin. He believes that this institutional investment into Bitcoin is a one-time event that will take years to play out, but over the course of those years, there will be a persistent bid with more demand than there is supply. This, in turn, will naturally cause Bitcoin’s price to go higher.

Massive Security Fumble: 800,000 Gamblers’ Secrets Exposed – Oops!

Flutter Entertainment logo

Flutter, the proud parent of gambling playgrounds like Betfair and Paddy Power, just sent out a memo to the masses. They’re letting us in on a little secret: about 800,000 customers have had their identities waltzed away by some sneaky third party, as reported by the Irish Times. Talk about a party crasher! 🎉

Financial Advisor’s Excellent Adventure… to Jail

According to reports, Williams made 133 wire transfers, because who needs a salary when you can just wire yourself some cash, am I right? 🤑 This went on from January 2022 to March 2024, because apparently, no one noticed the giant sucking sound coming from Jones’ account 🌀.

Whales, Institutions, and a Whole Lot of Chutzpah

A notable Bitcoin wallet, bc1q0l (catchy name, by the way), just moved 1,000 BTC—worth a cool $117 million—back to Binance. The coins were originally withdrawn four months ago at around $84,861 each. With current prices, the transaction locks in an estimated $68.8 million profit. Not bad for a few months’ work, if you ask me 💸.

Breaking News: BlockFi Settles with DOJ, Paves Way for Asset Recovery

The DOJ had argued that the bankruptcy court lacked jurisdiction to block the seizure, but under the settlement, the case is dismissed with prejudice, meaning it cannot be refiled. Both sides will bear their own legal expenses, and Mohsin Meghji, overseeing the wind-down of BlockFi’s bankruptcy estate, represented the crypto lender, while the DOJ’s legal team was led by Seth B. Shapiro of the Commercial Litigation Branch. 💼

Tasmania’s Crypto ATM Scams: A Tragic Comedy of Errors! 😂💸

Oh, the sweet irony! More than fourteen unsuspecting residents of our lovely Australian isle have discovered the bitter taste of deception. A mere ATM, intended for easy transactions, has become a harbinger of financial despair. According to the sleuths at Tasmania Police—a group no less noble than knight-errants in a land gone mad—one victim alone was grasped hard by this ghastly scandal, losing more than $493,176.