South Korean crypto exchange Bithumb has filed a lawsuit to recover funds 
mistakenly sent to users in February. Key Takeaways: Bithumb mistakenly sent 
620,000 BTC on Feb. 6, 2026, creating a massive $44 billion clerical error. 
The error prompted an FSS inspection of Bithumb to tighten virtual asset 
protection laws and control rules. Bithumb filed […]

Bithumb Seeks Court Seizure of Assets to Recover Unreturned Bitcoin From $44B Blunder

Crypto exchange Bithumb has initiated legal proceedings against several users 
to recover the remaining 7 Bitcoin missing from the massive payout error in 
February. The South Korean crypto exchange has reportedly filed for 
provisional seizures, which will allow it to…

Bithumb seeks legal action over remaining Bitcoin after $42 billion payout error

For most of the past two years, debate about stablecoins in payments has 
focused on the checkout screen: will consumers ever tap a wallet instead of a 
card? Visa, Stripe, and Mastercard have answered with their capital. Visa now 
settles in USDC, Stripe bought Bridge, and Mastercard is acquiring BVNK. Each 
move reflects the same […]
The post Crypto projected to move $719 trillion through global payments with 
Visa, Mastercard aggressive stance appeared first on CryptoSlate.

Crypto projected to move $719 trillion through global payments with Visa, Mastercard aggressive stance

South Korean crypto exchange Bithumb files for a court-approved asset freeze 
to reclaim 7 BTC remaining from a February payout error.

Bithumb launches legal action to recover 7 Bitcoin from payout error

The current downtrend has put the Bitcoin price in an increasingly difficult 
position as bears push back on every recovery. Even now, the price continues 
to struggle to maintain an uptrend, but it has not deterred bulls from 
predicting higher prices. The general consensus still remains that the Bitcoin 
price will cross $100,000 again and eventually reach new all-time highs. As 
these bullish predictions roll out, one analyst has given their opinion on how 
the cryptocurrency’s price will move from here. Bitcoin Could Rally To $90,000 
First Before Crashing Pseudonymous crypto analyst Cyclop shared their 
expectations for the Bitcoin price on X following the initial rally at the 
start of the week. While bearish sentiment still abounds, the analyst does not 
believe that this would necessarily lead to the price crashing further from 
here. Related Reading: Why XRP Supply Crashing On Coinbase Is A Good Thing For 
The Price Instead, Cyclop says that the current bearish sentiment could end up 
pushing the price higher. The reason for this is the fact that investors are 
ready to buy lower. What this means is that there is still money to buy 
cryptocurrencies such as Bitcoin, and this is not how a bottom would play out. 
Given that bottoms happen when people have run out of money to buy, the 
analyst believes that there would be another run-up just to shake out 
investors. This initial run could send the Bitcoin price high toward the 
$90,000 level, but then the resulting dump would reset the market sentiment. 
It is only when something like this happens that the crypto analyst believes 
that the Bitcoin price will have hit a bottom. The squeeze higher and the dump 
could completely devastate sentiment, leaving room for the Bitcoin price to 
finally have a real rally. BTC Pushing The Road To $240,000 In a previous 
post, the crypto analyst had stated the major targets that they are looking at 
for the Bitcoin price. The first was $69,000, which the cryptocurrency had hit 
earlier in the week, marking a possible start to the rally that takes it back 
to six-figures. Related Reading: Ethereum Eyes Macro Bottom As Key Level Comes 
Into Focus: Analyst Next is a run-up to around $78,000, which is the upward 
squeeze the analyst spoke of. Then the next in line would be a massive crash 
that would take the Bitcoin price to new cycle lows at $42,000, and reset the 
sentiment. And finally, there would be the explosive rally, which the crypto 
analyst believes could see the bitcoin price reach $240,000. Featured image 
from Dall.E, chart from TradingView.com

Cryptocurrency price in VND