Yesterday was about as confusing as it gets for Bitcoin as the price climbed steadily in the $60,000 range. Then, the US Consumer Price Index report revealed unexpectedly positive figures, which should have helped boost the price of BTC. However, the opposite happened as Bitcoin dumped 5% courtesy of the US government moving 10,000 of its Silk Road Bitcoin stash. Elsewhere, Iran is offering a bounty to anyone who reports illegal crypto mining, many crypto influencers could get hit hard with a new US FTC rule banning fake likes and followers, and we look at why betting on memecoins on Pump.fun offers worse odds than playing roulette in a casino.

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So, grab yourself a coffee, and let’s get into it.

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US gov’t shock market with 10K Bitcoin move, Pump.fun the ‘worst casino on Earth’