The meme coin in question experienced a 2,100% price increase in the past week. TL;DR A trader turned a meme coin investment into a $2.5M paper profit, holding through a 90% loss before the token’s 2,100% surge in early 2025. Meme coins are highly volatile and risky, with many losing...
Russia to Sell $10M in Bitcoin Seized in Hack Case
The coins are part of a $100 million stash that had been used to bribe a Russian officer investigating a global hacking syndicate. Russian authorities are reportedly looking to liquidate a major Bitcoin stash seized during investigations into an international cybercrime gang that operated between October 2010 and February 2018....
Essential Tips for Pi Network Users Facing KYC Verification Challenges
Check out the latest announcement coming from Pi Network's team. TL;DR Pi Network requires 15 million users to pass KYC and migrate to the mainnet by January 31. Users should complete liveness checks and sign a specific token acknowledgment to get approved. The project has become increasingly popular, which explains...
Elon Musk Warns His Plans For Dollar Could Slow Bitcoin’s Price Growth: Here’s Why
SpaceX and Tesla CEO Elon Musk, who now advises the incoming president Donald Trump, warned on Tuesday that the new government in Washington could slow the growth of Bitcoin prices. Musk will head the newly-created White House advisory office named D.O.G.E. It’s a play on the Texas techno king’s love...
Elon Musk Endorses Pro-Crypto Canadian PM Contender Pierre Poilievre Ahead of Canada’s Election
Musk gave Pierre Poilievre a nod, calling his fiscal stance “perfectly articulated” as Canada’s federal election nears. Tesla and SpaceX CEO Elon Musk has shown his support for Pierre Poilievre, Canada’s pro-Bitcoin opposition leader. This follows Canadian Prime Minister Justin Trudeau’s announcement of his resignation on January 7, in the...
Judge Pauses SEC Lawsuit Against Coinbase
Judge Katherine Failla stays SEC lawsuit against Coinbase, permitting an appeal on crypto’s status and unresolved Howey Test controversies. A federal judge has allowed Coinbase to pursue an interlocutory challenge in the Second Circuit Court of Appeals in its ongoing case with the U.S. Securities and Exchange Commission (SEC), citing...
Important Binance Announcement Affecting Numerous Altcoin Traders
Check out which trading pairs will be delisted from Binance later this month. TL;DR Binance’s delisting announcement has been followed by double-digit price declines for the affected assets. In contrast, the company’s addition of new trading pairs often leads to significant price surges, as seen with numerous altcoins in the...
3 Reasons Why the Shiba Inu (SHIB) Price May Rally in the Near Future
Here's what signals that SHIB's price could keep rising in the near future. TL;DR The upcoming launch of TREAT and reduced Shiba Inu holdings on exchanges signal ecosystem growth and lowered selling pressure, potentially driving a price rally. Over 44.6 billion SHIB were burned in 2024, highlighting consistent efforts to...
MiCA Compliance Powers Ripple’s RLUSD to Over 33,000 Transactions in 6 Months
With USDT facing compliance challenges and its market cap seeing a notable decline RLUSD could potentially fill the gap as a MiCA-compliant alternative. Ripple’s RLUSD stablecoin is rapidly gaining traction in the European crypto landscape. The MiCA-compliant token has greatly benefited from the strategic launch at a time when the...
Important Pi Network Update as Open Network Launch Date Approaches: Details
The project targets a first-quarter 2025 Open Network launch. TL;DR Pi Network has extended its Grace Period to January 31, 2025, achieving over 9 million mainnet migrations and 14 million KYC verifications. Despite delays, the project’s app has surpassed 100 million downloads, gaining significant traction in Asian countries like South...