Mike McGlone warns Bitcoin could drop to $10K due to weakening demand and market shifts, signaling potential downside. Mike McGlone, a senior analyst at Bloomberg Intelligence, has issued a cautionary warning about Bitcoin’s price potential. According to McGlone, Bitcoin could revisit the $10,000 range due to weakening demand drivers and changes in market structure. […]
The US pauses a $41B UK tech and AI deal as trade talks stall, with disputes over food standards, market access, and rules abroad. The US has frozen a major tech deal with the UK after weeks of slow progress in trade talks. The deal covered artificial intelligence, quantum computing and nuclear energy. It […]
The New York Times claims Trump aided crypto firms. Industry voices expose years of bipartisan rejection of Biden-era policies that courts repeatedly struck down. The New York Times dropped a bombshell investigation. The SEC pulled back 60% of crypto cases under Trump. Eight involved firms with Trump ties. The narrative suggests that favoritism drove the […]
Whale on Hyperliquid holds $676M in Ethereum, Bitcoin, and Solana longs, now facing $54.81M in unrealized losses. A large whale trader on the derivatives exchange Hyperliquid is holding open long positions in Ethereum (ETH), Solana (SOL), and Bitcoin (BTC) worth approximately $676 million. These trades are currently showing an unrealized loss of nearly $55 […]
Ripple integrates Wormhole to expand RLUSD to Layer 2 chains like Base and Optimism, with over $1B in stablecoin supply. Ripple is expanding the reach of its RLUSD stablecoin through a new integration with Wormhole. The company announced plans to launch RLUSD on several Layer 2 networks including Optimism, Base, Ink, and Unichain. Ripple […]
JPMorgan introduces a tokenized money market fund on Ethereum, targeting qualified investors as regulatory clarity accelerates institutional blockchain adoption. JPMorgan Chase has launched a tokenized money-market fund on the Ethereum blockchain. The move extends its expansion into blockchain finance. In addition, the fund is aimed at qualified investors who are looking to obtain a regulated […]
Pi Network activates smart contracts on Testnet2, enabling Web3 development with support from over 17.5 million KYC-verified users worldwide. Pi Network has activated smart contracts on Testnet2, marking a new stage in its Web3 development. The network now provides developers with live tools to build decentralized applications. This progress takes place alongside a verified […]
OKX and Mantra clash over OM token manipulation claims as token migration and regulatory investigations intensify. A dispute between cryptocurrency exchange OKX and the Mantra project has escalated following allegations of price manipulation involving the OM token. The conflict centers on claims that coordinated accounts manipulated OM’s value using it as collateral for large […]
Standard Chartered and Coinbase expand partnership to develop secure crypto infrastructure for institutional trading, custody, and lending. Standard Chartered and Coinbase have strengthened their ongoing partnership to advance institutional digital asset infrastructure. The collaboration aims to deliver integrated crypto services including trading, custody, staking, lending, and prime brokerage. Both companies intend to build a […]
Ripple approves $300M fund by VivoPower and Lean Ventures to expand equity access in South Korea amid growing institutional demand. Ripple Labs has approved a $300 million investment fund to expand institutional access to its equity in South Korea. The fund, launched by VivoPower International in collaboration with Korean asset manager Lean Ventures, targets […]