The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to take control of about 127,000 BTC, worth around $14.2 billion. The Bitcoin fortune is tied to LuBian and Cambodia-based businessman Chen Zhi, who is the chairman of Prince Group. Record $14B Bitcoin Seizure Arkham shared via X that Zhi ran large-scale human-trafficking […]
It’s safe to say that the launch of Pi Network’s native token has hit quite a few roadblocks, as the asset peaked at just under $3.00 days after it officially began trading but tumbled by more than 93% in the following months to an all-time low of $0.172 marked last weekend. Although it tried to […]
The cryptocurrency market was crushed in the past week or so, and Ripple’s native token is no exception. Even if we remove the black swan flash crash that took it below $1 on some exchanges last Friday, the asset’s price performance has been quite painful and is about to close the week with another double-digit […]
Investor sentiment flipped sharply bearish as Bitcoin (BTC) and major crypto assets succumbed to macroeconomic pressures. Polymarket’s latest tweet has injected a fresh dose of skepticism into the Bitcoin narrative. The decentralized prediction market humorously noted that the odds of aliens being confirmed this year (6%) slightly surpass Bitcoin hitting $200,000 (5%). Yet beneath the […]
Pseudonymous high-leverage crypto trader James Wynn has gained widespread notoriety for his volatile fortune, repeatedly making and losing hundreds of millions through leveraged bets on crypto perpetual futures markets. Market chaos appears to have struck him again as Wynn’s fresh PEPE bet collapses within hours, extending a brutal streak of crypto liquidations. Risky PEPE Bet […]
Hyperliquid is leading the token buyback in 2025, according to CoinGecko. The platform has allocated over $644.64 million in revenue to repurchase its HYPE tokens through its Assistance Fund, which represents 46% of all token buyback spending this year. In fact, Hyperliquid’s buyback efforts are equivalent to the combined spending of the next nine largest […]
It was another bloody Friday in the cryptocurrency markets, as bitcoin dumped to a multi-month low (on most exchanges) at under $104,000. The altcoins were smashed even harder, with massive price declines from the likes of ETH, BNB, XRP, SOL, DOGE, and many others. BTC Calms at $107K The overall market-wide calamity began last Friday […]
Ripple (XRP) suffered a 6% decline over the past day, and traders are now questioning whether the worst is over or if one more leg down is still on the cards. Data suggest that this pause aligns with the classic Elliott Wave Theory (EWT) pattern, where extreme moves are often followed by a Wave 4 […]
PI’s price continues to sink, but the project behind the token remains in the spotlight with a series of notable developments. Here’s a breakdown of everything new you should know. The Latest Endeavors As CryptoPotato reported, Pi Network’s team unveiled new updates to the Pi App Studio “to make app creation more accessible and customizable, […]
Dogecoin is trading around $0.18 after dropping more than 29% over the past week. The asset is down by 9% in the past day alone. Despite the decline, some analysts point to long-term price patterns that may repeat. If the structure follows past cycles, a sharp move higher could follow. Dogecoin Follows Repeating Market Cycles […]