There’s more to crypto crime than meets the eye: What you need to know

This article from Bitcoin Magazine dives into how companies are using Bitcoin to minimize counterparty risk—basically, the danger that the other party in a financial deal won’t hold up their end. By holding Bitcoin in their treasury strategies, corporations can cut out middlemen like banks, reducing reliance on third parties that could fail or act unpredictably. It’s a fresh take on how crypto isn’t just for speculation but can actually make corporate finances more resilient.

Editor’s Note: As businesses grapple with economic uncertainty, Bitcoin’s decentralized nature offers a way to sidestep traditional financial risks. This isn’t just about tech-savvy startups—big players are eyeing crypto as a hedge against systemic vulnerabilities. If more corporations adopt this approach, it could reshape how treasury management works, blending old-school finance with blockchain innovation.

Crypto traders are finding clever ways to leverage ChatGPT to quickly analyze news headlines and spot potential trading opportunities. The AI tool helps break down complex market-moving stories into digestible insights, acting like a turbocharged research assistant—though traders still need to double-check its outputs before making moves.

Bitcoin's price might be in for a bumpy ride, but analysts are eyeing a tight range between $94,000 and $97,900 as a potential safety net. According to CryptoQuant's Axel Adler Jr, this zone packs several key price models that could act like a cushion if the downturn continues. Think of it as a "make-or-break" area where buyers might step in to stop further slides.

Editor’s Note: For Bitcoin traders, knowing where support levels cluster is like having a roadmap during a storm—it helps gauge whether a dip is just a blip or the start of something worse. If BTC holds above this range, it could signal resilience; if not, brace for more turbulence. Either way, it’s a handy clue for anyone trying to navigate crypto’s wild swings.

South Korea's central bank is sounding the alarm about the risks of launching a won-pegged crypto stablecoin. The Bank of Korea (BOK) worries that instead of strengthening the local currency, it might accidentally drive more people to use US dollar-backed stablecoins like Tether or USDC. Governor Lee Chang-yong flagged potential headaches for monetary policy and foreign exchange control if this plays out.

Editor’s Note: Stablecoins are supposed to bring stability, but the BOK’s warning highlights how they could backfire in unexpected ways. If people start favoring dollar-linked stablecoins over a won-pegged one, it could weaken South Korea’s grip on its own financial system—something regulators definitely don’t want. This isn’t just a niche crypto issue; it’s about who controls the money flow in an increasingly digital economy.

Peter Schiff, a well-known Bitcoin skeptic and gold enthusiast, is once again taking shots at Bitcoin—this time by hyping up silver as a better investment. In a recent social media post, he argued that silver has more upside potential while Bitcoin continues to struggle.

Editor’s Note: Schiff’s comments add fuel to the ongoing debate between crypto supporters and traditional asset investors. With Bitcoin’s recent volatility, his push for silver highlights the divide between those who trust tangible commodities and those betting on digital currencies. It’s a reminder that the crypto market’s swings often spark strong reactions from critics and fans alike.