The Fake Memecoin The Solana-based memecoin DJT, initially linked to Donald Trump’s son Barron, has been exposed as a scam. Martin Shkreli, the Mastermind The orchestrator behind this fraud is Martin Shkreli, a controversial figure known for his pharmaceutical industry antics. The Investigation Crypto investigators, including ZachXBT, uncovered the deception. Shkreli panicked and admitted his…
Analyst Jason Pizzino believes that altcoins showing strength during the recent market correction will lead the charge in reaching new highs this year. Solana and Pendle on the Radar Pizzino has identified two altcoins that he believes are particularly promising: Solana (SOL): Despite the recent downturn, SOL has maintained its higher lows. Pendle (PENDLE): PENDLE…
Traditional finance (TradFi) is emerging as the dominant force in tokenizing real-world assets (RWA), according to blockchain data provider Kaiko Analytics. TradFi Giants Join the Tokenization Wave Major TradFi players such as Fidelity, JPMorgan, and BlackRock are leading the charge in tokenizing RWAs using crypto. Fidelity recently joined JPMorgan’s tokenized network, while BlackRock’s tokenized liquidity…
Hedge Funds Front-Running ETF Approvals VanEck analyst Matthew Sigel believes hedge funds are preparing for the launch of a spot Ethereum exchange-traded fund (ETF) in the US. Data from K33 Research shows a significant increase in inflows to Ether exchange-traded products (ETPs) outside the US. Accumulation by Large Players CryptoQuant data reveals a decline in…
South Korea is tightening its grip on the crypto market. A new law, set to take effect on July 19th, will require crypto exchanges to evaluate the reliability of their listed assets. Mass Delisting Risk Over 600 crypto assets are currently traded in South Korea. The new law will force exchanges to conduct six-monthly reviews…
Bitcoin, the crypto king, is in a tug-of-war between optimistic and pessimistic predictions. Bullish Signs Technical analysts like Gert van Lagen see a “bullish flag” pattern, suggesting a potential price surge. They believe Bitcoin has broken out of a consolidation range and could reach $127,000. Futures investors are also bullish, betting on Bitcoin’s rise. This…
Bitcoin has fallen below a crucial support range of $67,000-$68,000 after failing to break above $70,000. Bitcoin’s Critical Support Analyst Josh warns that Bitcoin must reclaim $68,000 soon or risk entering a bearish trend. He believes a breakout above this level could lead to a rally towards $72,000-$74,000. Resistance and Pullbacks However, Bitcoin’s failure to…
Bitcoin Exodus Data from Santiment reveals that Bitcoin has experienced a significant drop in holders, marking the largest 3-day decline since March. This indicates that investors are selling their Bitcoin, likely due to concerns about further price drops. Ethereum’s Continued Growth In contrast, Ethereum’s “Total Amount of Holders” metric has remained on an uptrend, with…
Fake Websites and False Claims Scammers are creating fake crypto websites that feature made-up team members and claim partnerships with big companies like Binance and Polygon. Investigations have shown that these partnerships are completely fake. AI-Powered Scams Scammers are using AI to create realistic-looking websites and white papers, making it harder to spot the difference…
Meme Coins Expected to Lead Altcoin Season A crypto analyst has predicted that meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and FLOKI, will play a significant role in the upcoming bull run. These coins, dubbed “Dino Coins,” are expected to soar in value during the altcoin season. Characteristics of “Dino Coins” Fully diluted…
