Hayden Davis, the creator of the now-infamous LIBRA token, is facing a class-action lawsuit. In a recent court filing, he’s taken an interesting defense strategy: he’s calling LIBRA a memecoin. The LIBRA Debacle LIBRA’s launch in February 2025 was… eventful. After a promotional boost from Argentine President Javier Milei on X, the token briefly skyrocketed…
Big players in the crypto world, the “whales,” are making some interesting moves, and it’s giving us clues about where the market might be headed. Let’s dive into what’s happening with Ethereum (ETH) and Cardano (ADA). ETH Whales Are Selling, ADA Whales Are Buying Recently, analyst Joao Wedson shared some insightful data. He looked at…
A popular crypto analyst, TechDev, is predicting a continued Bitcoin bull market for at least another 14 months. This prediction isn’t based on the usual four-year halving cycle, but rather on the broader business cycle. Following the Business Cycle TechDev argues that Bitcoin’s price movements closely mirror the ups and downs of the overall economy….
A Utah man is going to prison for nine years and will have to pay back millions after being convicted of a massive investment scam. Posing as a Homeland Security Agent Santiago Garcia Gutierrez pulled off two separate schemes between 2018 and 2024. In the first, he conned one investor out of over $2.8 million…
Wells Fargo is warning that a few factors could cause a downturn in the stock market, particularly for AI stocks. Consolidation, Not a Crash? Chris Harvey, Wells Fargo’s head of equity strategy, thinks the market is more likely to consolidate than to crash. He expects the Federal Reserve to lower interest rates soon, which could…
Three US banks are being sued for their alleged role in a massive Ponzi scheme. The lawsuit claims Community Financial Services Bank, Mechanics Bank, and RABO AgriFinance knowingly or unknowingly helped a Kentucky farmer, Brian McClain, defraud investors. A Cattle Ranching Scam McClain, the mastermind behind the scheme, promised investors huge returns on a cattle…
Bitcoin’s price recently bounced back after a slight dip, leaving many wondering what’s next. Let’s look at two possible scenarios for the week ahead, as outlined by market analyst KillaXBT. Bitcoin’s Bounce and the CME Gap Bitcoin saw a small price increase, recovering from a recent 4% drop. This bounce happened after the price touched…
Bitcoin’s price has exploded since BlackRock launched its Bitcoin ETF (IBIT), soaring by a whopping 250%! But could those wild price swings be a thing of the past? The End of the Rollercoaster? Bloomberg analyst Eric Balchunas thinks so. He believes that the arrival of spot ETFs and major institutional investors will stabilize Bitcoin’s price,…
Ethereum has been on a wild ride lately! After a huge price jump starting in late April, it briefly touched almost $3,850 before settling back a bit around $3,750. Some are worried the party’s over, but others think this is just a breather before another big move upwards. On-Chain Volume Explodes A top crypto analyst,…
David Schwartz, Ripple’s CTO, recently admitted to faking a live Q&A with Ozzy Osbourne and Black Sabbath. It turns out the whole thing was a bit of a…well, a sham. The Great AMA Hoax Schwartz confessed on X (formerly Twitter) that technical issues and a lack of fan interest in the whole band (everyone just…
