Strategy Would 'Consider' Bitcoin Sales When Advantageous: CEO

Canadian police issued a warning about fraudsters using the Royal Canadian Mounted Police logo in crypto recovery scams targeting victims who had previously lost money in fraud. The scammers falsely claimed to be able to help victims recover funds, exploiting authority bias.

Bitcoin's recent rebound has investors reevaluating the crypto market amidst policy changes and geopolitical tensions. Despite being 42% below its October high, Bitcoin traded around $72,800, with a 6.8% increase in 24 hours.

According to K33 analysts, Bitcoin may be forming a bottom amidst geopolitical instability, with signs of relative stability and a 7% increase in price over the past day. Technical indicators suggest the worst selling pressure may have passed, although patience is crucial during bottoming regimes.

Dogecoin has surged nearly 15% in the last 24 hours, benefiting from Bitcoin's rise to almost $74,000, leading to a strong rebound in crypto prices. Despite being the largest gainer among the top 100 cryptocurrencies, Dogecoin's losses from the last month are now just 6%.

Morgan Stanley plans to use The Bank of New York Mellon and Coinbase Custody Trust Company to custody Bitcoin for its proposed Morgan Stanley Bitcoin Trust, following a similar setup to existing Bitcoin ETFs like BlackRock's iShares Bitcoin Trust. The firm has not yet received approval from the SEC for the new Bitcoin ETF.

A former South Korean police officer has been sentenced to six years in prison for accepting bribes totaling 120 million won, or $82,000, while investigating cryptocurrency fraud cases. The officer, identified as "Person A," received cash and "entertainment fees" from individuals under investigation, leading to a heavy guilt and condemnation possibility.

The Federal Reserve Bank of Kansas City granted a master account to crypto firm Kraken, sparking criticism from traditional banking industry groups. The approval, which allows access to Fed's payment services, is seen as risky and a violation of the central bank's policies.

The Solana-based meme coin Sanae Token, named after Prime Minister Sanae Takaichi, faces a potential official investigation by Japan's top financial regulator due to lack of proper permits. Despite claims of being a political movement, the token's rapid price surges have raised concerns.

Three individuals, aged 21 to 23, were sentenced to five years in prison for violently robbing a victim of cash and crypto in Omsk, Russia. The attackers threatened the victim with a knife, beat him, and demanded cryptocurrencies and cash.

Taiwanese prosecutors have indicted 62 individuals, including the chairman of Prince Group, for alleged involvement in a transnational criminal organization. The group is accused of laundering $339 million through Taiwan using shell companies and luxury purchases, disrupting the country's financial order.