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G7 leaders have called for a global push to stop North Korea’s cryptocurrency theft network, elevating digital asset crime as an international security concern. In a statement from the 2026 G7 Summit in Évian-les-Bains, France, the leaders said, We reiterate the need to jointly address North Korea’s cryptocurrency thefts and cybercrimes. The mention linked crypto theft to broader Indo-Pacific stability concerns, alongside warnings about North Korea’s nuclear and missile programs. State-linked hacking groups like Lazarus are believed to have stolen billions from exchanges and DeFi platforms, with proceeds reportedly funding weapons programs and sanctions evasion. The statement included one direct reference to crypto theft but reaffirmed support for complete denuclearization and resolution of abductions. The G7 also focused on Ukraine aid, a U.S.-Iran nuclear deal, and energy diversification. Governments may increase scrutiny on exchanges, mixers, and cross-chain transfers.
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As top analysts turn bearish on Bitcoin, Cryptoquant CEO Ki Young Ju stands nearly alone as a bull, predicting BTC could rebound toward $70,000. He warns the bearish consensus is better viewed as a sentiment gauge than a forecast. Bitcoin has shed roughly $25,000 since January, sliding under $70,000 with market dominance falling toward 58%. Ju argues the downturn could persist into early 2027, citing a profit-taking cascade that historically lasts about 18 months before a durable floor forms. He warns that prolonged stagnation, not a crash, is the bigger risk—a flat stretch that drains attention and capital without offering a catalyst for recovery. Ju views the extreme bearish consensus as a potential contrarian signal, with sellers largely already exited. Macro liquidity, institutional appetite, and Bitcoin's ability to regain dominance remain key factors for any reversal.
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