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Binance to convert B SAFU fund into Bitcoin reserves

Binance, the world’s largest crypto exchange by trading volume, announced today it will convert its $1 billion Secure Asset Fund for Users (SAFU) from stablecoin reserves into Bitcoin within 30 days. The exchange said the move reflects its belief that “BTC serves as the core asset in the crypto ecosystem…

US DOJ Finalizes 0M Forfeiture Linked to Helix Crypto Mixer

The US Department of Justice has completed the forfeiture of more than $400 million in assets tied to Helix, a darknet cryptocurrency mixer that authorities say was widely used to launder proceeds from illegal online marketplaces. Key Takeaways: US authorities seized over $400M in assets tied to the Helix crypto…

Crypto Price Prediction Today 29 January – XRP, Bitcoin, Ethereum

BTC price is dumping again, and this time it might really be going toward $80,000. At the time of writing, Bitcoin is trading at $89,500 and is down 4% on the day.Bitcoin continues to look weak as stocks and gold break to new all-time highs. Altcoins like XRP and Ethereum…

El Salvador stockpiles gold, Bitcoin amid market jitters

El Salvador’s Central Reserve Bank (BCR) said Thursday it bought 9,298 troy ounces of gold worth $50 million, its second gold purchase since 1990 and the first this year. El Banco Central de Reserva realizó una nueva adquisición de 9,298 onzas troy de oro en los mercados internacionales, equivalentes a…

Trump to Name Fed Chair Friday; Warsh Leads at 87%

President Donald Trump said Thursday he will announce his pick to replace Federal Reserve Chair Jerome Powell on Friday morning, ending months of speculation over who will lead the world’s most powerful central bank. Frontrunner Kevin Warsh’s anti-QE stance could reshape the liquidity environment that has buoyed risk assets, including…

DOJ Helix Assets Seizure: Landmark 0M Forfeiture Shakes Crypto Mixer Landscape

In a landmark enforcement action that reverberated through the cryptocurrency sector, the U.S. Department of Justice announced on February 15, 2025, that it has secured legal title to a staggering portfolio of assets valued at over $400 million. This decisive move directly connects to the now-defunct cryptocurrency mixer Helix and…