Bitcoin heads toward $100K, but BTF futures predict recovery

Bitcoin heads toward $100K, but BTF futures predict recovery

Key takeaways: Bitcoin price metrics show restrained profit-taking and strong support near $96,000–$104,000. A $3.7 billion open interest drawdown reset an overheated market and preps BTC for a possible rebound. Bitcoin (BTC) is down 4.50% for the week and could revisit the $100,000 level over the next few days, but data suggests that prolonged trading…

Android 16 QPR1 beta’s background blur issue has a simple fix

Android 16 QPR1 beta’s background blur issue has a simple fix

Joe Maring / Android Authority TL;DR Android 16 QPR1 Beta 1 introduces a background blur effect in the app drawer, keyguard, and other areas. Activating Battery Saver will disable the background blur effect. Background blur consumes more power, so the setting turns the feature off. Google rolled out the much-anticipated first public beta for Android…

BTC Supply Shock Could Have Dramatic Implications: Sygnum

BTC Supply Shock Could Have Dramatic Implications: Sygnum

Bitcoin is entering a period of supply shock that could have more dramatic price implications than in previous cycles, Katalin Tischhauser, head of research at digital asset banking group Sygnum, told Cointelegraph. “Large demand will have a strong multiplier effect, meaning every $1 of demand leading to, say, $20-30 additional market capitalization,” she said. “We…

FTX Bankruptcy Estate distributes $5 billion

FTX Bankruptcy Estate distributes $5 billion

The FTX Recovery Trust has initiated a second round of payments to its creditors. On May 30, the Trust started a $5 billion payout to eligible creditors in the Convenience and Non-Convenience Classes who have completed the pre-distribution requirements. According to a May 28 announcement, the creditors’ distribution will include Dotcom Customer Entitlement Claims, which…

Google Search’s AI Overview cannot correctly tell you if it’s 2025

Google Search’s AI Overview cannot correctly tell you if it’s 2025

TL;DR Google Search’s AI Overview results are known to confidently give wrong answers, and they continue to do so. The latest gaffe surfaced when users asked if it is 2025, to which AI Overview incorrectly claims it is 2024 and not 2025. Such confidently wrong results highlight the perils of relying on AI for fact-checking. Users can…

France Charges 25 Over Crypto Kidnapping Spree in Paris

France Charges 25 Over Crypto Kidnapping Spree in Paris

French authorities have charged 25 individuals, including six minors, over a series of kidnappings and attempted abductions linked to the country’s cryptocurrency sector. The group, aged between 16 and 23, faces charges connected to multiple plots targeting prominent crypto figures and their families, Le Monde reported, citing an announcement from the Paris public prosecutor’s office…