Ethereum News by Thebittimes.Com

After Bitcoin (BTC) last week initiated a bullish streak that has led it to surpass an important psychological price level at $48,000, further, stronger gains could be in store as the flagship decentralized finance (DeFi) asset has entered a ‘Boom’ phase . Specifically, Bitcoin has left the “Green Triangle at the ‘Get Ready’ phase” and started its movement in the ‘Boom’ phase, which could send it to $130,000 and beyond this year, according to the analysis shared by pseudonymous cryptocurrency expert Trader Tardigrade in an X post on February 12. Bitcoin price action analysis. Source: Trader Tardigrade As it happens, this move is taking place as Bitcoin’s weekly candle close has made a new high (in the $48,000 area) for the first time in over two years , or since December 2021, as the crypto trading analyst observed earlier, and illustrated in the accompanying chart patterns.  Bitcoin weekly candle close. Source: Trader Tardigrade At the same time, renowned crypto analyst Ali Ma...

A key member of an organized international smuggling group responsible for shipping 42 tonnes of steroids has been ordered to hand over ​​£7.5 million ($9.4 million) worth of crypto by the UK ’s National Crime Agency (NCA) or face 10 years in prison .  Mohammed Afzal from Slough was previously sentenced to two years in prison in November 2019 after he was found guilty of planning to manufacture anabolic steroids to be sold on the black market. Last Friday, however, a Central Criminal Court judge ordered the 39-year-old to hand over £9.825 million ($12.3 million) worth of assets or face returning to prison for a further 10 years. This includes the ​​£7.5 million in crypto, £1 million ($1.3 million) worth of property, and a Mercedes SUV. According to the NCA, it’s believed to be the largest crypto recovery under the Proceeds of Crime Act. Afzal’s gang sourced steroids from an Indian-based pharmaceutical company and shipped them to the UK. From here, a series of labs owned by ...