Venture capital firm Dragonfly Capital is reportedly under scrutiny by the U.S. Department of Justice regarding its early-stage investment in Tornado Cash, a decentralized cryptocurrency mixer sanctioned by regulators. The probe focuses on potential violations of U.S. sanctions laws tied… Read More »Dragonfly Capital Faces DOJ Investigation Over Tornado Cash Investment
Ethereum shows signs of a potential bullish reversal as its price approaches the critical $4,000 resistance level. The weekly chart reveals a descending broadening wedge formation, typically indicating a shift from bearish to bullish market sentiment as the pattern nears… Read More »Ethereum Approaches $4,000 Breakout Amid Bullish Technical Formation and Strong ETF Inflows
The ongoing trial of Tornado Cash co-founder Roman Storm has ignited fierce debate over legal boundaries in blockchain technology, with prosecutors and defense attorneys clashing over whether the protocol constitutes a money laundering tool or lawful privacy infrastructure. Testimonies presented… Read More »Tornado Cash Trial Sparks Debate on Blockchain Privacy as Bitcoin Market Shows Recovery
Sales of substantial amounts of XRP tokens by Ripple co-founder Chris Larsen have ignited concerns about the influence of large holders on the cryptocurrency’s market stability and investor sentiment. This activity occurs amidst recent price corrections for the digital asset.… Read More »Ripple Co-Founder Larsen’s Major XRP Sales Spark Market Influence Concerns
Joseph Chalom, a key figure behind BlackRock’s successful Bitcoin and Ethereum exchange-traded fund (ETF) launches, has been appointed co-CEO of Nasdaq-listed technology company SharpLink Gaming. SharpLink Gaming holds a substantial treasury exceeding 360,000 Ethereum (ETH), valued at approximately $1.3 billion.… Read More »Former BlackRock ETF Architect Joins SharpLink as Co-CEO to Drive Ethereum Treasury Strategy
Bitcoin faces critical tests of key support levels while Ethereum garners significant investor interest through new exchange-traded funds, casting doubt on the near-term trajectory for alternative cryptocurrencies. Market analysts are closely monitoring Bitcoin’s recently breached $115,000 support level, viewing the… Read More »Bitcoin Support Test Sparks Altcoin Uncertainty as Ether ETF Inflows Surge
Dogecoin is showing strong indications of a potential bullish resurgence, driven by converging technical signals and notable whale accumulation. An ascending trendline support combined with a rebound in the Relative Strength Index (RSI) suggests growing momentum after a recent correction… Read More »Dogecoin Exhibits Bullish Signals as Technical Indicators and Whale Activity Strengthen
XRP surged to $3.65 recently, driven by renewed investor interest and blockchain developments, marking a significant price milestone. Technical indicators now suggest potential consolidation or short-term pullback, with the Relative Strength Index (RSI) flashing caution signals. The ongoing legal battle… Read More »XRP Price Hits $3.65 Amid Investor Surge But Technical Indicators Signal Potential Pullback
Tron has officially rebranded as SRM Entertainment, a Florida-based theme park merchandise designer, and commenced trading on the Nasdaq stock exchange under the ticker symbol ‘TRON’. The move signals a strategic pivot toward deeper blockchain integration despite regulatory headwinds faced… Read More »Tron Rebrands as SRM Entertainment, Adopts ‘TRON’ Ticker on Nasdaq Amid Blockchain Strategy Shift
XRP suffered a steep 10.33% price decline, marking its most substantial single-day drop since early April. The sharp downturn coincided with significant liquidations totaling $86 million in long positions on Binance. Selling pressure intensified following whale activity, including the transfer… Read More »XRP Price Plummets 10% Amid Whale Sell-Offs and $86 Million Liquidation Event
The GENIUS Act has accelerated institutional adoption of Ether and Ethereum-based yield strategies, catalyzing the formation of Ether Machine – a $1.5 billion financial vehicle. The fund merges The Ether Reserve with Nasdaq-listed Dynamix Corp to manage over 400,000 ETH.… Read More »GENIUS Act Ignites Institutional ETH Demand with $1.5B Ether Machine Fund Amid Security Challenges
A Bitcoin wallet holding nearly 3,963 BTC, valued at approximately $457 million, became active after 14.5 years of dormancy, transferring 50 BTC. This movement captured significant market attention due to the wallet’s substantial holdings and its historical connections to prominent… Read More »Dormant Bitcoin Whale Moves 50 BTC After 14.5 Years, Market Response Muted
Bitcoin’s open interest, reflecting unsettled futures contracts, has soared near $44.5 billion, signaling heightened market volatility potential despite the cryptocurrency’s price dipping below $116,000. This divergence between record capital tied up in futures and declining spot prices points towards fragile… Read More »Record Bitcoin Open Interest Sparks Fears of Mass Liquidations Near $125K
Goldman Sachs and BNY Mellon are tokenizing shares of money market funds to enhance liquidity and operational flexibility, positioning traditional finance to compete with the surging stablecoin market. This strategic move leverages blockchain technology to improve asset accessibility and responsiveness… Read More »Major Banks Tokenize Money Market Funds Amid Stablecoin Competition as GENIUS Act Accelerates Trend
Bitcoin achieved a significant milestone, crossing the $116,000 price point. This movement signals renewed strength and increased investor confidence within the cryptocurrency market. Concurrently, Bitcoin’s recent losses have contracted sharply. The digital asset’s 24-hour decline has narrowed to 2.05%, indicating… Read More »Bitcoin Surpasses $116,000 as Market Shows Signs of Stabilization
Binance CEO Changpeng Zhao (CZ) has publicly refuted claims regarding his participation in a BNB treasury reserve fundraising initiative. The denial specifically addresses allegations that CZ maintains personal stakes in entities connected to the effort. A community member recently alleged… Read More »Binance CEO CZ Denies Involvement in BNB Treasury Fundraising and Stake Allegations
Tether executed a significant treasury operation, minting $2 billion of its USDT stablecoin within a single hour. This substantial mint brings the total USDT issuance for the current month to $7 billion. The maneuver, described by Tether CTO Paolo Ardoino,… Read More »Tether Bolsters Treasury with $2 Billion USDT Mint, Signals Liquidity Strategy Amid $7 Billion July Activity
Bitcoin’s price trajectory now mirrors Gold’s historic multi-decade bull cycles while achieving significantly faster gains and adoption rates. This alignment reinforces Bitcoin’s growing stature as a digital store of value and inflation hedge during economic uncertainty. Analysts observe that Bitcoin’s… Read More »Bitcoin Matches Gold’s Bull Cycle Pattern at Accelerated Pace, Strengthening Store-of-Value Case
Bitcoin recently experienced a notable price decrease, falling to $115,363, largely attributed to a strategic sell-off by institutional firm Galaxy Digital. The company reportedly sold approximately 11,000 BTC and withdrew over $1.15 billion USDT from exchanges, signaling a significant liquidity… Read More »Bitcoin Dip Driven by Galaxy Digital Sell-Off Amid Adam Back Purchases
The cryptocurrency HULK, marketed as a tribute to wrestling legend Hulk Hogan, suffered a $7 million rug pull as developers abruptly withdrew liquidity from the project. Investors were left with worthless tokens while anonymous creators absconded with funds, underscoring persistent… Read More »Hulk Hogan Tribute Memecoin Exit Scam Highlights Celebrity Token Risks