## Warning from Kill Devil Hills Police

Police in **Kill Devil Hills, N.C.** are raising alarms about a new **scamming technique** involving **Bitcoin ATMs** located at gas stations. Recently, **Kitty Hawk Police** intervened to stop a woman from transferring a staggering **$9,000** into one of these machines.

## The Scamming Method

According to the police, these scammers impersonated **federal law enforcement** officials and presented a **fake warrant** demanding a **$45,000** bond. They successfully convinced the victim to withdraw **$9,000** from her bank account and insert it into the Bitcoin ATM, believing it was a legitimate transaction.

## Important Reminder

It’s crucial to remember that **law enforcement** and **government entities** will **never** request payments through **Bitcoin** or **gift cards**. Stay vigilant and protect your finances from such scams!

Law enforcement and government entities will never ask you to make a payment through Bitcoin or gift cards.

Beware: Scammers Target Bitcoin ATMs in Kill Devil Hills!

After a **rough start** to the week with a **red Monday**, Bitcoin (BTC) has managed to reclaim the **$100,000 zone**, bouncing back with a **4% recovery** from its previous lows. As the cryptocurrency stabilizes, analysts are speculating whether BTC is gearing up for a **February rally**.

### Choppy January, Double-Digit February?
On Monday, the crypto market experienced a **shakeout** triggered by a broader sell-off linked to news from DeepSeek's **Artificial Intelligence** developments. This caused notable drops in altcoins like **Ethereum (ETH)** and **Solana (SOL)**, which fell **8.4%** and **15%** respectively, while Bitcoin itself saw a **5% decline**.

Bitcoin dipped below the **$100,000** mark for the first time in over a week, reaching **$98,000**. However, it made a **strong rebound**, recovering crucial support as the day ended and surging to **$102,000** by Tuesday morning, although it struggled to reclaim **$103,000**, fluctuating between **$102,000** and **$102,990** throughout the day.

Trader **Daan Crypto** observed that despite the recent drop, Bitcoin remains in the mid-zone of its post-election trading range. He noted, “**Right back into the high-volume area** within this range. Doesn’t seem like the **$100K mark** is left behind so easily just yet.”

Daan believes that as long as Bitcoin stays above **$90,000** and below **$108,000**, it will continue to exhibit a **decent but choppy performance**. He also pointed out that historically, **February** has been one of Bitcoin’s best months, with **10 out of the last 12 years** showing positive returns, sometimes reaching up to **61%**.

Similarly, analyst **Rekt Capital** noted that in post-halving years, Bitcoin has typically seen **double-digit profits** in February. He highlighted statistics showing **61%** gains in **2013**, **23%** in **2017**, and **36%** in **2021**. In fact, “**8 out of the past 12 Februarys** dating back to 2013 have produced double-digit upside.”

### Bitcoin Next Leg Up Coming Soon
Rekt Capital believes that Bitcoin is on the verge of its next **leg up**. He explained that Bitcoin has completed its first **post-halving Price Discovery Uptrend** and its first **Price Discovery Uptrend Correction**, indicating that BTC is poised to embark on its **second Price Discovery Uptrend** to new highs in the next two weeks.

Historically, this second phase begins during week **16** of Bitcoin’s **Parabolic Phase**, and with Bitcoin currently in week **14**, the timing seems promising. Rekt Capital advises investors to “**Patienlly HODL**” in anticipation of the “confirmation of the **2nd Price Discovery Uptrend**” expected next month.

Moreover, Bitcoin’s close above **$101,200** on Monday has established a “**new early-stage Higher Low**,” suggesting that if it maintains this level, it could consolidate further up to the **Range High at $106,200**.

![Bitcoin](https://s3.tradingview.com/news/image/newsbtc:2718febcf094b-2681426ef2ad46dbb7f093cf879c87d7-resized.jpeg)

![Bitcoin Trading](https://s3.tradingview.com/news/image/newsbtc:2718febcf094b-1fb60c976f56682233a125e2a3235f7b-resized.jpeg)

After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump.Choppy January, Double-Digit February?On Monday, the…

Is Bitcoin Set for a Meteoric Rise in February? Analysts Predict New Highs Ahead!

### Metaplanet's Groundbreaking Fundraising

Metaplanet, a prominent Japanese hotel investor, has achieved a **historic milestone** in the Asian equity market by announcing the **largest capital raise** focused on Bitcoin (BTC) in history. The company issued **21 million shares** through **0% discount moving strike warrants**, effectively raising **116 billion yen ($745 million)** to significantly increase its Bitcoin treasury.

### Strategic Move Towards Bitcoin

This substantial fundraising effort is part of Metaplanet's **"Bitcoin-first, Bitcoin-only" strategy**, which aims to bolster its Bitcoin holdings amid the ongoing devaluation of the yen and Bitcoin's recent surge to **all-time highs**. The stock acquisition rights were issued at **363 yen per unit ($2.33)**, with adjustable exercise prices based on market conditions, ensuring minimal dilution for existing shareholders.

![Japanese Yen](https://cdn.sanity.io/images/s3y3vcno/production/acaea3b98b15573980cafb9a15f4d0b6e5ef0ece-1500x1000.jpg?auto=format)

### Performance Highlights

- Metaplanet is now the **fifteenth largest publicly traded Bitcoin holder**, with a current holding of **1,762 BTC**.
- The company's shares have seen a **16% increase** year-to-date, reflecting strong market confidence in its strategic direction.

### Key Takeaways
- The fundraising signifies a **commitment** to Bitcoin, reinforcing Metaplanet's position in the cryptocurrency market.
- The innovative approach of using moving strike warrants minimizes risks for existing shareholders while capitalizing on Bitcoin's upward momentum.

**Disclaimer:** This article, or parts of it, was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see [CoinDesk's full AI Policy](https://www.coindesk.com/coindesk-news/2023/04/14/how-coindesk-will-use-generative-ai-tools).

Metaplanet issued 21 million shares through 0% discount moving strike warrants raising 116 billion yen ($745 million) to increase bitcoin treasury.

Metaplanet Makes History with $745 Million Bitcoin Acquisition Fundraising!

## The Emergence of Cryptocurrency in Politics

Recently, we witnessed the incoming president of the United States issue his own cryptocurrency before his inauguration. Not to be outdone, the incoming first lady issued her own cryptocurrency within forty-eight hours of her husband. In the wake of these cryptocurrency issuances, questions have been raised about the **transparency** attached to who purchases the cryptocurrencies and whether the purchases might be used to influence official Presidential actions.

## Virginia’s Conflict of Interests Act

What do “Trumpcoin” and “Melaniacoin” have to do with Virginia? Let me explain. Virginia’s Conflict of Interests Act states that our system of representative government is dependent upon legislators representing the public “fully” to ensure “its citizens maintaining the highest trust in their public officers.” A component of cementing that trust is for citizens to know what private interests a lawmaker has when they consider legislation.

The cornerstone of this public knowledge is the **Statement of Economic Interests** that each legislator is required to submit annually. The form requires legislators to disclose their holdings in assets such as equities, real estate, and businesses.

## The Rise of Digital Assets

However, there is a rapidly developing financial asset that is not subject to disclosure on the current form: **digital assets**. A lawmaker could potentially have millions of dollars in **Bitcoin, Ethereum, Dogecoin**, or another cryptocurrency and not have to reveal the fact to the public.

In fact, if our governor or another elected official decided to issue their own cryptocurrency (Glenncoin, anyone?), they would not need to disclose how much of that cryptocurrency they owned on their Statement of Economic Interests.

## Senate Bill 1170: A Step Towards Transparency

Luckily, for Virginians interested in greater transparency, Senator Saddam Salim, D-Fairfax County, has introduced [Senate Bill 1170](https://108.181.34.157/bill-details/20251/SB1170?__cpo=aHR0cHM6Ly9saXMudmlyZ2luaWEuZ292) to require that lawmakers disclose their digital asset holdings on the Statement of Economic Interests. Digital assets encompass cryptocurrencies as well as other assets tied to **blockchain technology**.

Why does disclosure of digital assets matter? The **2024 presidential election** offers a good example of how the economy is changing and the rising importance of cryptocurrencies. Some media outlets started to mention a new measurement besides public opinion polls in terms of which candidate stood a better chance of winning the election: **prediction markets**.

## The Impact of Prediction Markets

The most highly visible U.S. election prediction market, **Polymarket**, had $3.2 billion in “bets” placed on the election outcome. Interestingly, Polymarket does not accept U.S. dollars; it only accepts cryptocurrency.

By the end of the 2024 campaign, we witnessed major media outlets covering a **crypto-only betting market** alongside campaign polls of registered American voters, marking an enormous change since the 2020 elections.

Retailers such as **Starbucks** and **Whole Foods** now accept cryptocurrency payments. On January 7, **Fidelity** predicted that more nation-states and central banks would establish positions in Bitcoin by 2025, while the incoming Trump administration expressed its desire to establish a **Bitcoin Strategic Reserve**.

## Legislative Challenges Ahead

These activities indicate that federal and state legislators will regulate a number of new crypto-oriented markets and payment services in the coming years. For example, will legislators authorize or regulate **crypto payments** for online sports betting? Will they allow the payment of taxes or government fees with cryptocurrencies?

Senator Salim’s bill will provide the public with information about a lawmaker’s digital assets and prevent the concealment of this information. Senate Bill 1170 is a commonsense bill that will help build trust and accountability in our government. I urge the General Assembly to adopt this bill and for Governor Youngkin to sign it.

*John Blair grew up in Pittsylvania County. He is the current city attorney for Staunton and previously served as the city attorney for Charlottesville and the county attorney for Dinwiddie County.*

One bill pending before the legislature would require officeholders to disclose any holdings in crypto.

Virginia's Legislative Leap: Will Cryptocurrency Holdings of Lawmakers Finally Be Disclosed?

### Rising Popularity of Cryptocurrencies in Latin America
The popularity of **cryptocurrencies** is on the rise, and this trend is particularly evident in **Latin America**. With the gap between traditional finance and day-to-day blockchain applications narrowing, platforms like **EVIANCX** are paving the way for a new financial landscape.

![Victor Sandoval - 1](https://ml.globenewswire.com/Resource/Download/cc51869f-2164-4e8b-b6ec-372225a3322d/victor-sandoval-1.jpg)

**Victor Sandoval**, CEO of EVIANCX, is at the forefront of this revolution. His vision has been to establish EVIANCX as a major player in **South American crypto finance**, a goal that is rapidly becoming a reality.

### El Salvador: A Launchpad for EVIANCX
**El Salvador** stands out as a significant case study in cryptocurrency adoption, being the first country to recognize **Bitcoin** as legal tender. Despite recent pressures to reduce its usage, El Salvador remains a hotbed for **cryptocurrency** activity. EVIANCX has strategically chosen this country as its base, investing over **$100 million** to build infrastructure and launch marketing campaigns.

### Dominating the Market with Eviancx Token
EVIANCX aims to capture the **Latin American cryptocurrency market** with its own token, the **Eviancx Token**. This digital asset promises faster and more secure transactions, enhancing the user experience significantly. Furthermore, EVIANCX has partnered with **Visa** to offer a unique debit card linked to cryptocurrencies, allowing users to make purchases effortlessly.

### Visionary Leadership
Under the leadership of **Victor Sandoval**, EVIANCX is not only focusing on trading but also on wider **tokenization** strategies to democratize asset ownership and improve transparency. With a planned investment of **$300 million** for this purpose, EVIANCX is set to transform asset management and accessibility in the crypto space.

### Legal Compliance and Support
The success of EVIANCX is also supported by its legal team, led by **Eric Iraheta, Esq.**, ensuring compliance with both local and international laws, which is crucial for building trust and credibility in the cryptocurrency sector.

### The Road Ahead for EVIANCX
With a strong vision and legal framework, EVIANCX is poised to lead the **crypto revolution** in Latin America, enhancing the use of cryptocurrencies in non-digital businesses and beyond.

For more information, visit [EVIANCX](https://eviancx.sv/).  

![Victor Sandoval - 2](https://ml.globenewswire.com/Resource/Download/ed5d1f0c-f1cc-4faa-be2f-8b022cc2d9ff/victor-sandoval-2.jpg)

SAN SALVADOR, El Salvador, Jan.  28, 2025  (GLOBE NEWSWIRE) -- The popularity of cryptocurrencies, while it may wax and wane, is trending upward. As their...

EVIANCX: The Future of Cryptocurrency in Latin America is Here!

### Rosseti's Initiative for Bitcoin Mining Growth

**Russia's largest state-owned power grid operator, Rosseti**, is taking significant steps to support **Bitcoin mining initiatives** by leveraging its **low-load power plants**. This initiative aims to capitalize on underutilized energy capacity, creating additional revenue streams.

According to **state-run news agency TASS**, Rosseti believes this initiative will enhance the optimization of energy resources. They stated, "Rosseti Group, as the largest power grid company in Russia, can act as the operator to coordinate the establishment of mining infrastructure." This highlights Rosseti’s pivotal role in supplying energy to Bitcoin miners.

Rosseti plans to connect power consumers, particularly Bitcoin miners, to energy facilities with promising low loading prospects. Officials assert that this strategy will not only improve the utilization of excess capacity but also increase **tariff revenues**, which will support regional economic development through tax contributions.

Further developments may include the introduction of **special tariffs** aimed at managing demand efficiently and encouraging more extensive mining operations. This potential change follows recent legal adjustments by President **Vladimir Putin**, allowing businesses and individual entrepreneurs to engage in cryptocurrency mining once registered on the national list of miners.

As a result of these regulatory changes, Bitcoin mining activities are gaining traction in Russia. A new law, effective from late November, has exempted mining operations from value-added tax, resulting in a **threefold increase** in demand for mining equipment during the fourth quarter of 2024.

However, concerns have emerged regarding the pressure miners place on local power networks. The Kremlin raised alarms in November about potential energy crises if this sector remains unchecked, leading to restrictions on crypto mining in energy-scarce regions like **Dagestan, Chechnya, and Ingushetia**, especially during peak demand periods.

Despite these challenges, Rosseti's commitment to facilitating Bitcoin mining through low-load power plants signals a significant shift in the Russian energy sector as it adapts to the burgeoning cryptocurrency market. By balancing regulatory support with energy consumption concerns, Rosseti aims to foster sustainable economic development opportunities.

Russia's largest state-owned power grid operator, Rosseti, is set to support Bitcoin mining initiatives by utilizing its low-load power plants. This development…

Russia's Rosseti Embraces Bitcoin Mining: A Game Changer for Energy Utilization

### Jim Cramer's Bold Advice on Bitcoin

Former hedge fund manager **Jim Cramer** has made waves once again by advocating for **owning Bitcoin (BTC)** directly rather than investing in **MicroStrategy**, the largest public holder of Bitcoin. In a recent segment of CNBC's **Mad Money**, Cramer emphasized:

> "If you want to own bitcoin, (you) own bitcoin. I own bitcoin, you should own bitcoin. Bitcoin is a great thing to have in your portfolio."

However, he quickly added:

> "But not MicroStrategy."

Despite MicroStrategy holding over **417,107 Bitcoins**, valued at more than **$48 billion**, Cramer didn't provide specific reasons for his caution against the firm.

### Market Sentiment and Historical Context
Cramer’s statements come at a time when Bitcoin has surged over **100% since January 2024**, when he previously suggested that the asset was likely **topping out**. Currently, Bitcoin is trading at about **$103,000**, representing a **4% increase** since Monday.

Interestingly, Cramer's stock picks have historically shown a tendency to move in the opposite direction in the long term. This has led to the humorous internet phenomenon known as **"Inverse Cramer"**, which even inspired the creation of a short-lived **Inverse Cramer ETF** in 2022.

### What to Watch For
As the market evolves, there may be **reasons to cheer for both MicroStrategy bulls and Bitcoin bears** in the upcoming weeks, indicating a potential shift in market dynamics. Investors should stay informed about these developments to navigate the volatile cryptocurrency landscape effectively.

In January 2024, Cramer said that bitcoin was likely topping out and called for an exit. The asset has surged more than 100% since.

Jim Cramer Urges Investors to Choose Bitcoin Over MicroStrategy: What You Need to Know

### Arizona's Strategic Bitcoin Reserve Bill

Arizona's Senate Finance Committee has **approved a groundbreaking bill** that allows public funds to invest in **Bitcoin** and other digital assets. This legislation, known as the **Arizona Strategic Bitcoin Reserve Act**, permits the state to allocate up to **10% of public funds** to virtual currencies like Bitcoin.

![Arizona Bitcoin Reserve](https://static.cryptobriefing.com/wp-content/uploads/2025/01/27225428/f2ce54bd-f77a-4189-b1a4-72edfb7b09d5-800x420.jpg)

### Key Takeaways
- The **Senate Finance Committee** voted **5-2** in favor of the bill.
- The bill allows investment of **up to 10%** of public funds in cryptocurrencies.
- There are provisions for securely storing digital assets in a potential **federal Strategic Bitcoin Reserve**.

This initiative, co-sponsored by **Wendy Rogers** and **Jeff Weninger**, aims to diversify Arizona's public funds and reflects a **growing trend** among states to explore digital asset investments. 

The bill has now moved to the **Senate Rules Committee** for further deliberation. If it passes the full Senate, it will then go to the House of Representatives.

### National Context
In a related note, the **US Senate** recently confirmed **Scott Bessent** as the new **Treasury Secretary**. Bessent is known for his pro-Bitcoin stance and opposition to central bank digital currencies. 

According to **Dennis Porter**, CEO of the Satoshi Action Fund, if this bill becomes law, Arizona would be the **first state** to officially invest public funds in Bitcoin. Currently, **eleven states** have introduced similar Bitcoin reserve bills, indicating a rising interest in cryptocurrency at the state level. 

> "At least 15 states will introduce ‘Strategic Bitcoin Reserve’ legislation. Only 3 months ago this number was zero," stated Porter.

Arizona Senate Finance approves Bitcoin reserve bill allowing public funds to invest up to 10% in digital assets.

Beware: Scammers Target Bitcoin ATMs in Kill Devil Hills!

Summary:

Warning from Kill Devil Hills Police

The Scamming Method

Important Reminder

Comments

Subscribe our Newsletter

BitcoinToday.app

Other Latest News

Is Bitcoin Set for a Meteoric Rise in February? Analysts Predict New Highs Ahead!

Metaplanet Makes History with $745 Million Bitcoin Acquisition Fundraising!

Virginia's Legislative Leap: Will Cryptocurrency Holdings of Lawmakers Finally Be Disclosed?

EVIANCX: The Future of Cryptocurrency in Latin America is Here!

Russia's Rosseti Embraces Bitcoin Mining: A Game Changer for Energy Utilization

Jim Cramer Urges Investors to Choose Bitcoin Over MicroStrategy: What You Need to Know

Arizona Takes a Bold Step: Bitcoin Reserve Bill Approved by Senate Committee

Other Latest News

Is Bitcoin Set for a Meteoric Rise in February? Analysts Predict New Highs Ahead!

Metaplanet Makes History with $745 Million Bitcoin Acquisition Fundraising!

Virginia's Legislative Leap: Will Cryptocurrency Holdings of Lawmakers Finally Be Disclosed?

EVIANCX: The Future of Cryptocurrency in Latin America is Here!

Russia's Rosseti Embraces Bitcoin Mining: A Game Changer for Energy Utilization

Jim Cramer Urges Investors to Choose Bitcoin Over MicroStrategy: What You Need to Know

Arizona Takes a Bold Step: Bitcoin Reserve Bill Approved by Senate Committee