Bitcoinsensus

• A lawsuit has been filed against Brandon Dallmann, a business associate of the deceased Lincoln businessman, Aaron Marshbanks.
• Marshbanks was embroiled in a major bank fraud case before his untimely death in November 2022.
• The lawsuit seeks to compel Dallmann to surrender cryptocurrency “keys” essential for unlocking crypto accounts purportedly owned by Marshbanks’ estate.

A recent lawsuit has been filed in connection with a significant bank fraud case, revolving around the refusal of a business associate to surrender cryptocurrency “keys” following the death of Lincoln businessman Aaron Marshbanks in November 2022.…

As the countdown to Bitcoin’s halving event enters its final days, the crypto community is abuzz with speculation and anticipation. This moment, only a few days away, marks a significant shift in the network’s economic dynamics, as the block reward for miners is slashed by 50%. For seasoned crypto enthusiasts, the halving is more than just a technical adjustment; it represents a potential catalyst for a new bull market cycle.…

Bitcoin Faces Resistance at $65,000, Key Support Levels Crucial for Sustained Rally

• Bitcoin maintains its position above $63,000 despite facing resistance at $65,000 and experiencing a brief dip below $60,000.
• The cryptocurrency must break above the $63,000 resistance zone to gain bullish momentum and potentially rise toward $66,500.
• Technical indicators suggest a potential continuation of the bearish trend in the short term, with key support levels at $60,800 and $60,000.

• Bitcoin has dipped below the psychologically significant $60,000 level for the first time since February 2024.
• The dip has triggered a broader decline in the overall crypto market, with major altcoins like Ethereum also experiencing losses.
• Market analysts are attributing the correction to various factors, including potential profit-taking among other concerns.

After a somewhat extended period of relative stability, the crypto market has once again experienced a notable correction – with Bitcoin‘s price sliding all the way down to the sub-$60k level and reaching a low of around $59,900.…

Tether Bolsters Ethereum Network Inventory with $2 Billion USDT Authorization

• Tether authorizes the issuance of an additional 2 billion USDT on the Ethereum network to supplement inventory and fulfill future issuance requests.
• The move comes amidst surging demand for stablecoins, with USDT’s market capitalization exceeding $80 billion.
• Tether’s proactive approach demonstrates its commitment to supporting the growing ecosystem of decentralized finance and meeting user needs.