We live in wild times. Imagine being told just several months ago that the POTUS will have his own meme coin. Or, that meme token would skyrocket to a multi-billion-dollar market cap before it plunges by 90% within weeks. Or that the same president, who used to be against the industry, would praise the coin […]
Bitcoin topped $94,400 on Wednesday in a fresh monthly high as investor interest in risk assets grew, spurred by easing trade war tensions and shifting monetary policies in the US. Interestingly, recent market activity on the largest crypto exchange has highlighted a significant shift in buying pressure. In fact, CryptoQuant revealed that buyers are asserting […]
The US Securities and Exchange Commission (SEC) charged Ramil Palafox, the founder of the crypto company PGI Global, with orchestrating a massive $198 million Ponzi scheme that misled investors worldwide. Palafox is accused of defrauding investors by promoting PGI Global as a legitimate crypto asset and foreign exchange trading business from January 2020 through October […]
Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, […]
Solana-based decentralized exchange Meteora is facing a class-action lawsuit over pump-and-dump claims surrounding the M3M3 meme coin launch. The complaint alleges this led to losses of at least $69 million between December 2024 and February 2025. Rug Pull Allegations In the April 21 filing with the U.S. District Court for the Southern District of New […]
[PRESS RELEASE – Singapore, Singapore, April 23rd, 2025] LBank(lbank.com), a leading global cryptocurrency exchange, has been prominently featured in Forbes’ latest coverage for its role in bridging financial divides and fostering inclusive growth through innovative crypto solutions. This recognition underscores LBank’s commitment to empowering underserved industries and individuals with accessible digital asset tools and infrastructure. […]
TL;DR Two of the three mentioned altcoins posted double-digit price surges over the past day, but one analyst set even higher targets for the short term. XRP, which is up by a more modest 7.5% daily, could see another 20% increase, which could drive it to $2.7. What’s In Store for XRP? $XRP appears to […]
Total market capitalization topped $3 trillion for the first time since early March as altcoins followed their big brother Bitcoin in recovery. It is the first time total cap has been over $3 trillion since March 7, and could be a sign of a sustained recovery as more than $500 billion has entered the market […]
A mysterious Solana (SOL) whale has sparked market speculation after unstaking 100,000 SOL worth approximately $13.9 million and depositing it into Binance. The transaction, tracked by blockchain analytics platform Lookonchain, comes after four years of patient staking, with the deep-pocketed investor originally accumulating 991,079 SOL at an average price of $27. Whale Moves With Solana […]
California Assembly Bill 1052, or the “Digital Assets Bill” (formerly the Money Transmission Act), passed a Committee vote with bipartisan support on April 21. It was introduced by Assembly Member and Democrat Avelino Valencia in February and amended at the end of March. It aims to protect cryptocurrency users and investors by supporting their right […]