Crypto news

South Korea’s tax authorities lost $4.8 million of seized crypto after displaying the wallets’ secret phrases in a photo. What a silly, silly thing to do!

In a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC), the company said it acquired the bitcoin between February 23 and March 1, 2026, spending approximately $204.1 million at an average price of $67,700 per BTC, inclusive of fees and expenses. Because why not throw in some fees for good measure?

On the daily chart, Bitcoin’s corrective structure is as elegant as a Pasternak poem-rejected at $90,400, it tumbled to $59,900, only to find solace in a high-volume capitulation candle. Since then, it has meandered sideways, a digital Hamlet unable to decide whether to breach the $69,500 to $70,500 resistance band or retreat to the safety of $64,000. Key support? $64,500 to $65,000. Major support? $59,900 to $60,000. The market, it seems, is in a state of existential equilibrium.

And why, you ask, does this strength persist? Ah, because the stars-or rather, the charts-align in a most peculiar fashion. Multiple bounce signals, like whispers in a bureaucratic office, suggest Solana’s price is preparing for a short-term recovery. A 5% bounce, they say, is on the horizon. But beware! If one key level breaks, this modest bounce could transform into a rally as grandiose as a Gogol character’s delusions of grandeur.

Pine Labs, backed by shadowy investors Temasek and Peak XV, is set to unleash its magical prepaid card across nine countries by April. A date as precise as a clockwork mouse, but with more suspense.

The channel of Bitcoin’s price, once a beacon of hope, now stretches sideways and downward, a labyrinth of lower highs and lows. A fleeting reprieve at the weekend was swiftly crushed by another descent, a cruel reminder that even the most resilient markets are not immune to the weight of despair.

Key support levels: $26, a meager crutch for the damned.
Key resistance levels: $36, the Promised Land-or a trap baited with hubris.

Enter Robert Kiyosaki, that self-proclaimed prophet of pecuniary salvation, who intones with the solemnity of a priest that this chaos may yet spill into silver and Bitcoin. Ah, yes, for what is cryptocurrency but the digital rouble of our digital age, and silver the forgotten relic of man’s avaricious heart? Yet the traders, those jaded cynics with bloodshot eyes and trembling hands, scoff. “Sharp rallies,” they mutter, “are but the prelude to a fall-a dance with the devil dressed in volatility.” Macro signals, they warn, are but the ghostly echoes of a world long dead, and follow-through price action? A cruel joke played by fate upon the unwary.

Behold, the bullion’s allure spills into the crypt of the digital realm! On-chain whispers speak of a surge in tokenized gold, as if the ancient and the modern have struck an uneasy pact. How quaint, that in our era of pixels and algorithms, we still cling to the tangible, even if only in spirit.

Weekend gold trading is shifting toward blockchain networks as CME futures close. During the gap, tokenized assets like PAXG and XAUt become the main venues for visible price action. Rapid market growth and rising volumes now position digital gold as a key short-term signal before futures reopen.