Key takeaways Crypto investigator ZachXBT criticized Token2049 for poor sponsor vetting, warning that platinum sponsorships don’t equate to legitimacy. Several sponsors he flagged turned out to have shady records. JPEX and HyperVerse used event sponsorships to project credibility. Both later collapsed under fraud investigations, causing billions in investor losses and arrests. Red flags include anonymous…
Arthur Hayes, the co-founder of crypto exchange BitMEX, has offloaded more than $13 million worth of crypto holdings, including ether (ETH), ethena , and pepe . Data from Arkham Intelligence shows Hayes sold millions worth of these cryptocurrencies and moved to accumulate USDC, with the stablecoin now making up over 80% of the $27.9 million…
Tesla has been ordered to pay $234 million after the company was found partly liable for a 2019 Autopilot crash in Florida. The jury held the EV automaker 33% liable in the 2019 collision that killed one and injured another. Tesla was hit with the judgment on Friday after a federal jury in Miami found…
The Truth Behind Pepeto: The Real PEPE Story Every meme coin has a story, but few carry one as powerful as Pepeto. Behind this project stands the original visionary of PEPE, a founder whose ideas were overshadowed when the meme coin world traded purpose for pure hype. Betrayed and pushed aside, he walked away, taking with…
Bitcoin (BTC) plunged to an intraday low of $112,680 on Friday, marking a nearly 3% drop against the U.S. dollar… For the full story, head over to TheCurrencyAnalytics.com.
The price of Cardano (ADA) has fallen from a high of $0.93 to a low of $0.72.
Spot Bitcoin exchange-traded funds (ETFs) saw $812.25 million in net outflows on Friday, marking the second-largest single-day loss in the history of these products. The drawdown erased a week of steady gains and pushed cumulative net inflows down to $54.18 billion. Total assets under management slid to $146.48 billion, representing 6.46% of Bitcoin’s (BTC) market…
Crypto exchange-traded funds on U.S. exchanges recorded their strongest month ever in July, attracting $12.8 billion in net inflows as investor enthusiasm surged alongside rising token prices and optimism around regulation. The data, reported by Bloomberg Intelligence’s Eric Balchunas, marks a new monthly record for the sector. The only month that came close was November…
In August, the cryptocurrency market started on the wrong foot. Ether and Bitcoin both experienced very severe losses as the market turned skittish on the news that former US President Donald Trump is reinstituting global tariffs. Bitcoin fell to the support level of $114.2 before rebounding to a little over $115K. The general selling followed…
US SEC Chair Paul Atkins unveiled Project Crypto in a recent speech. The initiative aims to streamline, clarify, and enhance crypto regulations to address the pain points in digital asset regulation, licensing, and registration. The move aligns with the recommendations of the White House crypto policy report and President Donald Trump’s goal of turning the…
