The US government made a huge move against cryptocurrency fraud, seizing over $225 million! This is one of the biggest crypto seizures ever. A Massive Crypto Scam Busted This massive amount of money was tied to a massive “pig butchering” scam. These scams lure people in with fake cryptocurrency investment opportunities, then steal their money….
The Trump family is significantly reducing its involvement in the cryptocurrency company, World Liberty Financial (WLF). According to Forbes, entities linked to former President Donald Trump have sold off about 20% of their stake, dropping their ownership from 60% to 40%. Trump Family’s Crypto Profits While Trump himself isn’t directly involved in the transactions, the…
A new report from Fidelity predicts a big change in how Bitcoin is held. It says a growing chunk of Bitcoin – coins that haven’t moved in 10 years or more – is getting bigger faster than new Bitcoins are being created. This is a first in Bitcoin’s history! Ancient Bitcoin Outpaces New Supply The…
Coinbase is teaming up with Nodal Clear to let people use USDC, a stablecoin, as collateral for futures trading. This means traders can use USDC as a kind of digital cash to back their trades. USDC Becomes Regulated Collateral Starting next year, Coinbase will allow USDC as collateral. This is a big deal because it’s…
Data analytics firm Glassnode reports a significant shift in Bitcoin trading activity. A specific group of investors is driving a surge in Bitcoin sales, leading to increased sell pressure on the market. Mid-Term Holders Rake in Millions The firm found that Bitcoin holders who’ve owned their coins for six to twelve months are responsible for…
JPMorgan Chase, a major player in the financial world, recently met with the SEC’s Crypto Task Force to discuss the regulation of digital assets. The meeting focused on several key areas. What They Discussed The meeting covered JPMorgan Chase’s existing crypto activities, including their work in digital financing and debt services. A big part of…
AI to Fuel Massive Growth Dan Ives, a leading tech analyst at Wedbush Securities, is bullish on the US tech sector. He believes investors are seriously underestimating its growth potential over the next five years. Ives points to the rapid advancements and adoption of artificial intelligence (AI) as the key driver. Nasdaq to Soar? In…
BlackRock’s massive tokenized money market fund, BUIDL, is making waves in the crypto world. With a whopping $2.9 billion in assets, it’s poised to become a major player. BUIDL Takes Center Stage Crypto exchanges Crypto.com and Deribit will now accept BUIDL as collateral. This means traders can use this yield-bearing stablecoin as security for leveraged…
Pump.fun, a Solana-based memecoin launchpad, is facing a massive backlash. The platform has raked in a staggering $741 million in fees since its launch, leading to accusations of prioritizing profit over user well-being. The Money Trail: Pump.fun’s Massive Profits Blockchain data reveals Pump.fun has been selling off its hefty fee earnings in large chunks. They’ve…
VanEck’s Solana ETF, with the ticker symbol VSOL, is now listed on the Depository Trust & Clearing Corporation (DTCC). This doesn’t mean the SEC has approved it yet, but it’s a big step forward. Think of it as getting all the behind-the-scenes paperwork and infrastructure ready before launch. DTCC Listing: What it Means The DTCC…
