UK cracks down on crypto fraud as SFO arrests two in £21M NFT hedge-fund scandal

The UK Serious Fraud Office (SFO) arrested two individuals linked to the collapse of Basis Markets, a £21 million NFT-based crypto scheme. The scheme promised returns from algorithmic trading but allegedly misrepresented and mishandled funds. This marks a significant criminal investigation into NFT investments in the UK. The SFO's involvement indicates a shift from regulatory breaches to potential criminal conspiracies, following the earlier "Crypto Queen" case. More NFT-related fraud cases are expected as enforcement intensifies.

Rep. Davidson introduces bill to allow taxes to be paid in BTC, bolstering the US Strategic Bitcoin Reserve

A new bill is circulating in Washington that would allow people and companies in the U. S. to pay federal taxes in bitcoin. source:

Bitcoin News: Bitcoin Crashes to $86,600 Before Rebounding to $87,213 as Extreme Fear Grips the Market

Bitcoin's price dropped to $86,610, its lowest in seven months, before rebounding to $87,213 amid market fear and macroeconomic uncertainty. The decline coincided with $3 billion in Bitcoin ETF outflows, though recent inflows of $75 million helped stabilize the price. Strong U.S. labor data and Nvidia's earnings influenced market dynamics. Bitcoin remains 5% below its seven-day high, with analysts noting bearish sentiment unless it reclaims higher levels. Key supports are at $83,000-$84,000, with resistance at $94,000-$98,000.

Bitcoin has fallen below $88,000, with a current intraday decline of over 2.6%

The #1 best crypto presale to buy now before the 2026 rally: Digitap ($TAP)

Digitap ($TAP) is highlighted as a leading crypto presale project, offering a comprehensive omni-bank solution that integrates fiat and crypto services. With a focus on usability and strategic partnerships, including Visa, it aims to capture a significant market share in the fintech space. Analysts predict up to 100x growth potential, making it an attractive investment. The presale offers early pricing advantages and a robust tokenomics model, appealing to investors seeking both security and growth in a bear market.