Today in Crypto, a Bitcoin whale holding 80,000 BTC has moved coins for the first time in 14 years, a Belgian court punished three people for their duties in a cryptocurrency-related kidnapping, and Republican House leaders were appointed on July 14-18 as “Crypto Week,” Crypto.
The movement of 14-year-old Bitcoin Sparks renews the rumors of Satoshi
Bitcoin Price (BTC) Slipped on US Independence Daymatching a massive whale moving coin for the first time for a decade.
The BTC/USD exchange rate refused almost 2%, falling under the key $ 108,000 level, according to Cointelegraph Markets Pro and TradingView data.
Onchain data showed that a Bitcoin OG, dormant for 14 years, moved half of their 80,000 BTC, likely with the intention of selling. If they do, the holder will return an initial $ 62,000 investment to nearly $ 4 billion.
Naturally, the reawakening of the address has caused rumors that can be attributed to the transaction Satoshi NakamotoThe pseudonymous creator of Bitcoin, which has disappeared more than a decade ago.
The coins move at a time when the Bitcoin corporate corporate adopting is rising. Industry data shows that 255 companies now hold A combined 3.47 million bitcoinAccounting for about 3.97% of total supply.
Sentences in the Belgian court are three in the kidnapping of the crypto investor’s wife
A Belgian court has punished three people for their duties In a cryptocurrency related to the kidnapping that targets the wife of local crypto businessman Stéphane Winkel.
The Brussels Criminal Court gave 12-year prison prison to three kidnappers who attacked Winkel’s wife in December 2024, local news agency La Dernière Heure reported on Thursday.
Criminals were convicted of hostage-taking after abducting the victim outside his home, forcing him to a van and demanding a ransom in cryptocurrency.
Winkel alerted the law enforcement and then arrested the kidnappers and released the victim after taking the vehicle on the road with a dangerous maneuver.
In addition to prison sentences, the court ordered three kidnappers to pay at least 1 million euros ($ 1.2 million) to civil injuries to the victim.
While the trio is responsible, the court acknowledges that the masterminds behind the kidnapping remain unidentified. It also denied the claims of the defendants that they were forced into crime under the threat of death.
According to the report, the case also involves a minor, which is handled separately by a juvenile court.
US Republicans announce “Crypto Week” to mull three crypto bills
Republican House leaders have Promised to consider the three major crypto bills Beginning in mid -July as part of a “crypto week” regulation.
Chairman of the French House Financial Committee, Chair of the Home Agriculture Committee Glenn Thompson and Speaker Mike Johnson Says On Thursday they would use the Sundays of July 14 to 18 to look at a crypto market structure bill, a Stablecoin bill and a bill in the Central Bank Digital Currencies (CBDCs).
“The House Republicans are taking decisive steps to deliver the entire scope of President Trump’s digital assets and cryptocurrency agenda,” Johnson said.
“During the ‘Crypto Week,’ the Chamber expects the timely consideration of three landmark pieces of law: the Clarity Act, the Anti-CBDC Surveillance State Act, and the Senate’s Genius Act,” he added.
Party pushing came as President Donald Trump said last month that he wanted Stablecoin-Regulate Genius Act passed as soon as possiblebefore Congress goes to a month’s break in August.
The bills will begin to be delivered to crypto-focused promises dedicated during his campaign, with the crypto industry heavily backed and bankrolled.
