Justin Sun, the founder of Tron, is in hot water again. This time, it’s over a massive amount of frozen cryptocurrency. The Frozen Assets Last week, World Liberty Financials (WLFI) froze nearly 595 million of Sun’s WLFI tokens – that’s over $100 million! WLFI claims a wallet linked to Sun moved about $9 million worth…
Tether, the company behind the biggest stablecoin, USDT, is diving headfirst into the gold mining business. They’re looking to put their massive cryptocurrency profits into gold, a move that’s got people talking. Gold: The New Bitcoin? Tether’s CEO, Paolo Ardoino, sees gold as a “natural Bitcoin,” a foundational asset, unlike the usual “digital gold” comparison…
A company called Thumzup Media (TZUP) is making a big move. They’re ditching their ad-tech business and jumping headfirst into cryptocurrency mining, specifically Dogecoin. The Big Plan: Dogecoin Domination Their plan? To become North America’s top Dogecoin miner. They’re raising $50 million by selling stock at $10 a share to fund this ambitious goal. A…
Ethereum recently dipped to $4,200, causing some market jitters. But guess what? Big Ethereum holders (aka “whales”) saw this as a great buying opportunity! Whale Buying Spree Data shows that whales are accumulating ETH, especially those holding between 1,000 and 100,000 ETH. Over the past five months, these whales increased their holdings by a massive…
Ethereum’s price is hanging tough around $4,200, but it’s having trouble breaking past $4,500. While there’s some selling pressure, the overall picture for Ethereum is pretty strong. Institutional Investors Are Buying Big Big players are piling into Ethereum, showing confidence in its future. Analyst Ted Pillows points to Bitmine, a huge institutional investor, as a…
The SEC and CFTC are teaming up to create better rules for the crypto world. Their big idea? Let traditional markets run all day, every day, to keep up with crypto’s always-on nature. A Collaborative Effort The SEC and CFTC say crypto needs a joint effort, especially after their previous statement about spot crypto trading….
Big Dogecoin Holders Are Selling Data shows that whales (people holding huge amounts of Dogecoin) have been selling off their DOGE since July 19th. While they still own a significant chunk (around 16%), this selling is happening alongside a drop in Dogecoin’s price. It looks like these whales might be trying to cut their losses…
The European Central Bank (ECB) is seriously pushing for a digital euro. Their goal? To make sure money keeps flowing smoothly, even during big crises like cyberattacks or power outages. This is great news for Best Wallet, a crypto wallet app. A Digital Euro for a Digital World The ECB wants a digital euro that…
Ripple’s annual Swell conference is back! This year’s invite-only event takes place in New York City on November 4th and 5th, with a welcome reception on November 3rd. Get ready for two days packed with discussions on the future of finance. Day 1: Building the Future of Finance The conference kicks off with Monica Long,…
Bitcoin’s recent price surge has been incredible, but not everyone’s convinced it’ll last. A prominent analyst is warning of a massive crash, potentially wiping out almost all of Bitcoin’s gains. A 90% Bitcoin Price Drop? Here’s Why Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, recently predicted a brutal downturn for Bitcoin. He believes…
