Bithumb faces suspension over $40B phantom Bitcoin
Bithumb, a South Korean crypto exchange, faces potential 6-month suspension for AML/KYC violations after mistakenly issuing $40B in 'ghost' Bitcoin during a promotional event.
Bitcoin rebounds to $70,000 despite USD strength and oil volatility. Institutional buying and blockchain metrics support Bitcoin's resilience amid global economic uncertainty.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.