Binance, the world’s largest cryptocurrency exchange, has taken action against a market maker for allegedly manipulating the MOVE token. The exchange froze $38 million in profits after the market maker dumped a massive amount of tokens. Suspicious MOVE Token Activity The unnamed market maker, operating within the Movement (MOVE) ecosystem, sold approximately 66 million MOVE…
Grayscale, a major player in the digital asset world, believes Sui (SUI) is the altcoin most likely to take market share from Ethereum. Their recent report highlights Sui’s impressive capabilities. Sui’s Strengths: Speed and Low Costs Grayscale’s research points to Sui’s high transaction throughput and low costs. Unlike Ethereum, which relies on scaling solutions, Sui…
Bitcoin’s price is stuck in a bit of a rut, hovering around $88,000. While some are cautiously optimistic, others are still worried. It’s a waiting game to see which side wins. A Battle for $90,000 (and Beyond) The big question is whether Bitcoin can break through the $90,000 resistance level. If it does, that could…
Kain Warwick, founder of Synthetix, recently spilled the tea on crypto market makers (MMs), revealing some seriously shady practices. His insights, shared on X, paint a picture of how things have evolved, from the early days of ICOs to the present. The Expensive Early Days & The Rise of Shenanigans Back in the 2017 ICO…
Could Dogecoin be about to explode? Several crypto analysts think so, predicting a significant price increase and potentially a new all-time high (ATH). Bullish Breakout Predicted TradingShot, a crypto analyst, believes Dogecoin is on the verge of a bullish breakout. They point to Dogecoin breaking above a key trend line, suggesting a move towards $0.80….
ShibaSwap, the decentralized exchange (DEX) associated with the Shiba Inu cryptocurrency, is experiencing a massive resurgence in trading activity. This unexpected growth has pushed trading volumes to impressive new heights. A Week of Explosive Growth Last week saw ShibaSwap’s trading volume skyrocket by a staggering 244%, reaching over $10 million. This is a huge jump…
Ethereum is back above $2,000 after a rough patch, giving investors some hope. But the road to recovery is far from smooth. The Recent Dip and a Glimmer of Hope Ethereum took a big hit recently, losing over 38% since late February. The price dropping below $2,000, and then even $1,800, caused a lot of…
Metaplanet CEO Simon Gerovich believes we’re on the verge of a Bitcoin treasury boom. He recently predicted a surge in companies following the lead of firms like MicroStrategy and Strategy, which hold significant amounts of Bitcoin as a treasury asset. A New Breed of Company Speaking at Bitcoin Investor Week in New York, Gerovich highlighted…
Senator Elizabeth Warren is sounding the alarm about a new bipartisan bill aiming to regulate stablecoins. She argues the bill doesn’t go far enough to protect the financial system from potential collapse. A Risky Bet? The “GENIUS Act,” already passed by the Senate Banking Committee, seeks to clarify stablecoin regulations. However, Senator Warren disagrees, stating…
Morgan Stanley’s top investment and equity strategists are warning that the recent stock market rally won’t last. They expect the market to remain volatile. A Temporary Bounce? According to Mike Wilson, the rally will likely fade as we move into May and June, giving way to a more sustained low later in the year. He…
