Bitfinex analysts say this level of accumulation “supports the broader bullish narrative that new buyers entering the Bitcoin market are price-agnostic buyers.” New buyers entering the Bitcoin market are seen as price-agnostic and are scooping up the cryptocurrency faster than miners can supply, a likely boon for the price of Bitcoin. “Currently, the combined balance of these cohorts is expanding at a rate of approximately 19.3K BTC per month,” Bitfinex analysts said in a markets report on Monday. The analysts pointed out that the Shrimp (<1 BTC), Crab (1–10 BTC), and Fish (10–100 BTC) Bitcoin (BTC) holder groups are growing their Bitcoin portfolio much faster than the current monthly issuance rate, which has been around 13,400 BTC since the April 2024 halving. Read more
Retired DEA agent Bill Callahan tells Cointelegraph that bad actors can make plenty of mistakes and still “make a handsome profit.” Slow regulations, fear of missing out (FOMO) and growing adoption are powering a crypto crime “supercycle,” according to cybersecurity practitioners. Crypto crime losses hit a new record in the first half of 2025, beating the previous record set in 2022 and nearly equal to the total losses from all of 2024. Speaking to Cointelegraph, Bill Callahan, a retired DEA agent and cryptocurrency investigator, said a lack of regulation combined with hype and FOMO has been playing into criminals’ hands, though he said he wouldn't necessarily call it a crime supercycle. Read more
One risk facing banks that custody crypto is the potential for liability if crypto assets are lost, according to three US financial agencies. Three federal agencies of the United States government outlined the risks facing banks if they decide to custody crypto on behalf of their clients, according to a document published jointly by the agencies on Monday. While the announcement said that the document “does not create any new supervisory expectations,” it could provide a framework for banks that are considering entering the crypto space, as some reports have suggested they are. According to the document, titled “Crypto-Asset Safekeeping by Banking Organizations,” a bank’s risk assessment would include the ability to understand a complex and evolving asset class; the potential of liability if crypto assets were lost; and legal and compliance responsibilities associated with the Bank Secrecy Act and Anti Money Laundering regulations. Read more