A crypto whale has made a bold move, selling off a huge chunk of their PEPE investment to buy Shiba Inu (SHIB). Massive SHIB Purchase According to blockchain analytics firm Lookonchain, the whale sold 1.97 trillion PEPE tokens for $6.07 million on Binance. They then used the profits to buy $75.9 billion SHIB, worth $893…
After a long crypto winter, the market is showing signs of recovery, but investors remain cautious. As the anticipated bull market of 2025 approaches, analysts are looking for bullish candlestick patterns to guide their decisions. Bullish Signals to Watch For Hammer and Inverted Hammer: Small body with a long lower shadow (hammer) or upper shadow…
Scammer Poses as Wells Fargo Eileen Loughran, a Wells Fargo customer from San Francisco, received a text message from what appeared to be Wells Fargo asking about a $957 transfer through Zelle. She replied “no” and immediately received a call from a number displayed as “Wells Fargo Fraud Alert.” The scammer on the line convinced…
Arweave’s AR token has surged over 104% this week, following the launch of a new testnet for the project’s network. New Testnet Fuels Growth The testnet, called AO, is a hyperparallel computer that aims to enhance scalability and combine the benefits of smart contracts with traditional computing environments. According to AO’s website, it provides a…
Elon Musk, a big fan of Dogecoin, is taking legal action against OpenAI, an artificial intelligence company, and Worldcoin, a cryptocurrency. He claims they broke agreements they made with him. OpenAI Lawsuit Musk says that OpenAI’s leaders, Sam Altman and Greg Brockman, along with the company itself, didn’t stick to the original plan for the…
February: A Month of Massive Theft Blockchain investigator PeckShield reports a staggering 97.6% increase in the value of cryptocurrencies stolen in February compared to January. Over 21 attacks resulted in the theft of approximately $360.83 million. Top Three Attacks of the Month PlayDapp: The web3 gaming platform lost $290 million in PLA tokens after two…
BONK: The Dogecoin Contender BONK has skyrocketed in value, reminiscent of Dogecoin’s 2020 surge. With a market cap exceeding $1 billion, it’s poised to become the new king of meme coins. WIF: The Shiba Inu Successor WIF is following a similar path to Shiba Inu, but at a faster pace. It has gained massive popularity,…
Sam Bankman-Fried, the former CEO of the collapsed FTX crypto exchange, is seeking a lighter sentence for his fraud convictions, citing his autism spectrum disorder. Defense’s Arguments Bankman-Fried’s lawyers argue that his autism makes him vulnerable in prison due to: Increased risk of violence and extortion Difficulty understanding social cues and rules Anhedonic depression Letters…
Market Correction Incoming Despite Bitcoin’s recent surge to over $64,000, Galaxy Digital CEO Michael Novogratz warns of a possible correction. He believes Bitcoin could drop to the mid-$50,000 range in the short term. Reasons for the Dip Novogratz cites concerns about high leverage in the market, especially among younger investors. He notes that aggressive trading…
Alex Thorn, an executive at Galaxy Digital, predicts that Bitcoin (BTC) could reach a new record high before the scheduled halving event in April. Breaking the Cycle Historically, Bitcoin has hit new highs after halving events, but Thorn believes the launch of spot Bitcoin exchange-traded funds (ETFs) is changing the cycle. ETFs as a Game-Changer…
