David Sacks, recently appointed as a Trump administration advisor on AI and crypto, offloaded a massive amount of his cryptocurrency holdings before starting his new role. This move was made to avoid any potential conflicts of interest. A Big Sell-Off According to a White House memo, Sacks and his firm, Craft Ventures, sold off over…
Chainlink, the popular blockchain oracle service, recently unlocked a massive 19 million LINK tokens—worth a cool $262 million. Millions of LINK Tokens on the Move According to blockchain analysts, these tokens were moved from two Ethereum addresses to new wallets. The majority – about $205 million worth – went straight to Binance, the world’s largest…
The crypto market’s been a bit sluggish lately. Bitcoin and other major coins have dipped, leaving many wondering if we’ve hit the top. But a closer look at stablecoins paints a different picture – the bull run might still have some gas left in the tank. Stablecoin Supply: A Bullish Indicator? Data shows a fascinating…
Pavel Durov, the big cheese behind Telegram, got permission to leave France for a bit. He’s been battling a lawsuit there, so this is a pretty big deal. A Quick Recap of the Situation Last August, French authorities arrested Durov at an airport near Paris. They weren’t happy with how Telegram handles illegal stuff on…
MoonPay, a major player in crypto finance, keeps expanding its empire. Their latest move? Buying Iron.xyz, a stablecoin platform. This shows MoonPay isn’t just playing the game – they’re rewriting the rules. MoonPay’s Stablecoin Strategy Stablecoins are a big deal in crypto. They act as a bridge between regular money and the crypto world, making…
Bitcoin ended last week on a high note, but it’s been pretty sluggish lately. It hasn’t really moved much this weekend, or even since Friday. Key Price Levels to Watch A crypto analytics firm, MoreCryptoOnline, has pointed out some important price points for Bitcoin. They shared this analysis recently on X (formerly Twitter). The $86,700…
Crypto analytics firm Santiment reports that MultiversX (EGLD), formerly known as Elrond, continues to dominate the crypto gaming scene in terms of development activity. MultiversX Leads the Pack Over the past month, MultiversX boasted a whopping 212.17 notable GitHub events, significantly outpacing its competitors. Decentraland (MANA) came in second with 168.93 events, while Skale Network…
A former employee of a major Texas bank is facing serious consequences after pleading guilty to stealing over $123,000 from customer accounts. Unauthorized Transfers Martin Fernandez Jr., a former international sales representative at the International Bank of Commerce in Laredo, Texas, admitted to making unauthorized transfers from the accounts of two customers. The money, totaling…
A popular crypto trader, Ali Martinez, is making some bold predictions about the future price movements of several major cryptocurrencies. He shared his analysis on X (formerly Twitter), reaching over 130,000 followers. Solana’s Potential 30x Surge Martinez sees a significant upside for Solana (SOL). He’s identified a “cup and handle” pattern on the weekly chart,…
Major Wall Street firms are increasingly worried about a US recession. Increased Recession Probabilities JPMorgan Chase has bumped up its recession prediction for the US economy to 40%, up from 30% earlier this year. They cite uncertainty caused by government policies as a major factor. Goldman Sachs is also more pessimistic, raising its recession probability…
