👀 US government transfers seized Bitcoin linked to steroid probe

🔔 The US government moved a small amount of bitcoin on April 10 from wallets that Arkham Intelligence linked to a criminal case. The transfer involved 2.438 BTC, worth about $177,000, sent to a Coinbase Prime address.

📌 Arkham data showed two separate transactions from wallets labeled “U.S. Government: Glenn Olivio Seized Funds.” Both transfers went to the same Coinbase address, beginning with 3EMqu. Government-linked bitcoin transfers are not unusual. Federal agencies often move seized assets for custody, consolidation, or other handling during legal and administrative processes. The Block reported that the seized bitcoin appears linked to Glenn Bradford Olivio. Court records show Olivio was arrested in May 2025 with Dana Rene Light.

⚡️ Prosecutors charged the pair with five counts, including conspiracy to possess with intent to distribute controlled substances, money laundering conspiracy, aggravated identity theft, and drug possession counts. The indictment said the case involved “a mixture or substance containing a detectable amount of anabolic steroids.” The listed substances included synthetic testosterone, Trenbolone, Nandrolone, Mestanolone, Oxandrolone, Stanozolol, and Methandienone.

‼️ Court filings also included a notice of forfeiture. That step is common when the government seeks to seize property, including cryptocurrency, that it says came from alleged criminal activity.

📈 Bitcoin's Resurgence Amidst Geopolitical Tensions

🌍 Over the past weekend, peace talks between the US and Iran took place in Pakistan, but they ended without positive results. This led to sharp statements from US President Donald Trump and caused a correction in the prices of Bitcoin (BTC) and altcoins, with BTC dropping to $70,000. Despite this, Coinshares released a report indicating a inflow of $1.1 billion into cryptocurrencies last week.

There was an inflow of $1.1 billion into cryptocurrency investment products. This is the strongest inflow since January, driven by lower-than-expected inflation figures and improved geopolitical stability.

💰 The report highlighted that the majority of this inflow was concentrated in Bitcoin, which received $872 million, while Ethereum (ETH) attracted $169.5 million. Other altcoins like XRP saw an inflow of $19.3 million, and Chainlink (LINK) received $1.3 million. However, Solana (SOL) and Sui (SUI) experienced outflows of $2.5 million and $2.4 million respectively.

The total inflow into Bitcoin was $871 million, bringing the year-to-date total to just under $2 billion. However, this did not deter investors expecting a decline; $20.2 million flowed into short positions on Bitcoin investments. This was the largest weekly inflow since November 2024.

📈 Bitcoin's Market Shift: Analyst Claims End of Downtrend

🔍 Jordi Visser, a seasoned macro investor with over 30 years of experience, has analyzed recent market trends. He asserts that while artificial intelligence and commodity shortages usher in a new economic era, Bitcoin is reasserting its position by emphasizing its "scarcity" argument.

🗣 Visser notes that investor psychology and central bank policies are evolving in the digital age. He stated,

I don't think we'll see multi-year recessions or prolonged bear markets for the rest of my life. Once a crack appears in the system, they intervene by printing money and lowering interest rates.

He added that in an interconnected world, investors suffer from "amnesia," quickly forgetting negative events and focusing on new scenarios.

📉 Despite the deflationary pressure from artificial intelligence (AI), Visser warns of significant inflation risks in the short term. He argued that the AI world has reached its physical limits and is experiencing a severe shortage of processors, memory, and energy.

👀 Highlighting Elon Musk's announcement about the "Terra Fab" project, Visser predicts that this bottleneck in equipment and commodity sectors will keep inflation significantly above the Fed's 2% target, reaching 4% and beyond.

📊 Analyzing Bitcoin's recent performance from both technical and macroeconomic perspectives, Visser stated that according to Elliott wave analysis theory, Bitcoin has completed its correction phase and entered a new upward trend from the $60,000 level.

🧐 ZachXBT Raises Concerns Over MemeCoin MemeCore

🚨 Blockchain investigator ZachXBT has expressed skepticism about the meme token MemeCore (M) due to its high market capitalization and insider coin concentration. He recently warned about a potential pump-and-dump scheme involving the cryptocurrency RaveDAO (RAVE).

You've been officially recognized by me. And I'm just getting warmed up. Please provide any data explaining why your cryptocurrency's market capitalization reaches $6 billion, placing it in the top 20 digital assets by this metric, while insiders hold over 90% of the coin supply,

ZachXBT stated in response to MemeCore's announcement.

💰 MemeCore is considered overvalued because its platform for launching and promoting meme tokens does not justify a $6.2 billion market capitalization. The concentration of coins among a single group of investors increases the risk of market manipulation.

🔍 ZachXBT fears that wealthy MemeCore holders may be planning a pump-and-dump scheme. The price of the cryptocurrency surged over three times in a month but is currently correcting after a bullish trend. Typically, the dump phase follows an exponential price increase.

🚨 Crypto Chaos Unfolds as Zondacrypto Faces $100M Crisis

🚫 The crisis at Polish crypto exchange Zondacrypto has escalated following the departure of its CEO, Przemysław Kral, to Israel. His dual citizenship may complicate potential extradition amid an investigation into serious financial misconduct allegations. Users have reported inability to access their funds, with prosecutors estimating losses could exceed $100 million and hundreds of affected account holders already identified.

🔒 The operational analysis of the exchange highlights approximately 4,500 bitcoins that remain inaccessible. Allegedly, the private keys controlling these assets belong to founder Sylwester Suszek, who has been missing since 2022. Polish prosecutors suspect that Suszek may have been killed, leaving the exchange without access to a significant portion of its reserves.

Despite holding a potentially large bitcoin balance, the company stated it cannot move or liquidate funds due to internal control restrictions.

📉 Blockchain analysis indicates that balances in wallets associated with the exchange have dropped by about 99% since mid-2024, raising liquidity concerns. Polish authorities have officially launched a fraud investigation into Zondacrypto, focusing on whether the company mismanaged client assets or misled them. The investigation also examines internal management practices, including reliance on a single point of control for critical wallet access.

⚡️ Government Commission to Discuss Cryptocurrency Mining Ban in Moscow and the Moscow Region

🗓 On May 18, the Government Commission for Energy Development will consider the possibility of imposing restrictions on cryptocurrency mining in Moscow and the Moscow region. This was announced by Russian Deputy Minister of Energy Pyotr Konyushenko during the Caucasian Investment Forum, as reported by TASS.

🗣 In early April, Sergey Voropanov, the Minister of Energy for the Moscow Region, emphasized the need to ban mining in the area. He stated that cryptocurrency extraction does not benefit the regional economy and that a ban could have a positive impact in other regions. For instance, authorities in the Irkutsk region have claimed that mining restrictions have "relieved the energy system".

🔍 Following Voropanov's statement, Andrey Maximov, the Director of the Department for Energy Development at the Ministry of Energy, clarified that no requests had been received from the authorities of Moscow and the Moscow region regarding mining restrictions. He noted that for such a matter to be considered by the government commission, the regional head must submit a request.

🚫 France Abolishes Mandatory Disclosure for Self-Custodied Cryptocurrency Holdings

🔔 The French National Assembly has removed a controversial provision from an upcoming anti-fraud law that required taxpayers to disclose information about their self-custodied cryptocurrency assets valued over €5,000. This decision comes after intense debates and is seen as a victory for the French cryptocurrency sector.

📉 Adan, a French organization advocating for cryptocurrency innovation, welcomed this outcome. They had been actively lobbying against the disclosure requirement since November last year, arguing that it would create an unmanageable and risky obligation for taxpayers. The organization highlighted the dangers faced by French cryptocurrency holders, as the country has become a hotspot for "key-in-the-lock" attacks where criminals use violence to coerce individuals into transferring their assets.

🗣 Pavel Durov, CEO of Telegram, directly linked the rise in such attacks to the sale of cryptocurrency owner data by French officials to criminals. He warned about the risks of providing the government with more information than it already possesses. This decision to abolish the disclosure requirement is expected to help protect French cryptocurrency users from potential future attacks based on leaked tax data.

🚫 GitHub in Russia: Officially Open but Technically Restricted

📉 Access to GitHub in Russia has deteriorated significantly. Since May 5, 2026, the share of unsuccessful and blocked connections to the platform has increased from a background level of 4% to 16%, according to the OONI internet censorship monitoring service. In contrast, countries like the USA, UK, and Germany do not experience this trend.

💬 Users have reported difficulties in working with repositories and downloading files, with complaints noted on Habr and Downdetector. However, there are no global outages observed on GitHub; the issue is localized to Russia.

📌 On May 8, 2026, Roskomnadzor stated through RIA Novosti and Interfax that GitHub is not listed in the register of banned websites and is officially not blocked. While this is technically true for the domain itself, individual pages of the service have been systematically blocked for several years due to court decisions and actions by various authorities. Over 130 pages have been blocked so far, with the pace accelerating in 2026.

🔍 The situation reflects selective technical restrictions at the level of individual subnets and pages rather than a direct domain blockade. As of the publication date, there have been no official statements or press releases from GitHub regarding the situation in Russia.

🚫 Australian Crypto Investors Face Potential Tax Hikes Amid CGT Reform Plans

🔔 The Australian government is considering significant changes to the Capital Gains Tax (CGT), sparking discussions within the investment sector. During an appearance on Sky News, Treasurer Jim Chalmers stated that the proposed reforms aim to address housing affordability and "intergenerational inequity." However, critics argue that these changes could increase taxes on stocks, cryptocurrencies, and investment properties.

💰 Reports suggest that the Department of Finance is contemplating reducing the 50% CGT discount in Australia or replacing it with an inflation indexing model. Under current rules, Australians who hold assets for more than 12 months pay tax only on half of the capital gain. The remaining amount is taxed at their regular income tax rate. For instance, if a person buys a house for AUD 500,000 and sells it for AUD 700,000, they realize a profit of AUD 200,000. With the current discount, the taxable income becomes only AUD 100,000.

📉 The Treasury estimates that the CGT discount will cost the government AUD 21.8 billion in lost revenue for the 2025-26 financial year. However, the Department of Finance is now considering a return to the inflation indexing system, which could increase tax bills for long-term investors. It is worth noting that this system was used until 1999.

🚀 Analyst's Forecast: Major Breakthrough Expected in Bitcoin (BTC) and Dogecoin (DOGE)

🗣 Jordi Visser, a macro strategist with 30 years of experience, recently appeared on a program hosted by renowned financial commentator Anthony Pompliano. He discussed the challenges in global markets, rising inflation, and the latest developments in the cryptocurrency sector.

📈 Visser pointed out that he has observed a signal indicating a "major merger and breakthrough" specifically in the charts of Bitcoin (BTC) and Dogecoin (DOGE). He stated that traditional institutions or institutional capital do not have a direct influence on Dogecoin, and he uses this asset as a "warning system" to gauge individual investors' enthusiasm in the market.

Dogecoin's chart is technically on the verge of a major breakthrough,

Visser asserted. He claimed that a potential sharp rise in Dogecoin would serve as the most convincing evidence of a strong return of individual investors to the cryptocurrency market. He also mentioned that Bitcoin would experience a sustainable breakthrough if it surpasses its 200-day moving average (especially above the $82,000 level); and that the $2400-2450 range in Ethereum carries a similar signal.

🚫 Grayscale names 4 Clarity Act winners after 15-9 vote

🔔 Grayscale published a research note on May 22 identifying Ethereum, Solana, BNB Chain, and Canton Network as the four blockchains best placed to absorb institutional capital once the Clarity Act is signed into law. “Regulatory clarity is coming, and a rising tide will likely lift digital assets broadly,” Grayscale wrote. The four chains were selected because they lead across three key metrics: tokenized asset value, stablecoin supply and transaction volume, and DeFi total value locked. Ethereum leads in tokenized assets, followed by BNB Chain and Solana, while Canton Network rounds out the list as the leading institutional settlement network.

🔖 “$350 billion settles daily on Canton, with over $6 trillion in tokenized real-world assets and institutions like JPMorgan and DTCC building in production,” the Canton Network said recently.
Zach Pandl, Grayscale’s head of research, noted Bitcoin will also benefit from regulatory clarity as the industry’s most secure asset. Crypto news has reported on Grayscale’s December 2025 outlook predicting bipartisan legislation would unlock a new institutional era for digital assets.

⚠️ Grayscale also flagged Avalanche, Base, Arbitrum, Hyperliquid, and Tron as networks with significant on-chain finance exposure that would benefit from greater regulatory clarity. These chains sit below the primary four in tokenized asset value but have established DeFi ecosystems.