MEMEFI soared nearly 200% today after Binance delisted its perpetual contracts, sending trading volume to new heights. This sharp rally, largely fueled by forced short covering, drew widespread attention—and growing skepticism—across the crypto community. Meanwhile, today’s market move has renewed doubts about MEMEFI’s long-term prospects. Delisting Triggers Short Squeeze and Record Volatility MEMEFI’s explosive rally…
The jury in the trial of Tornado Cash developer Roman Storm has reached its verdict, according to August 6 reports. Jury in Tornado Cash Case Hung on Two Counts According to reports, Storm has been found guilty on one count of operating an unlicensed money transmitting business. Judge: He may appeal, he has every incentive…
Despite the recent Bitcoin (BTC) price correction after a significant rally that propelled the cryptocurrency to a record high of $123,000, some analysts remain optimistic about the potential for a renewed bull run. However, one expert has raised a concerning warning that could signal the end of this bullish cycle. Fears Of Mass Sell-Off According…
After crashing in recent weeks, the Dogecoin price may be nearing the end of its bearish cycle as historical chart patterns suggest a renewed bullish setup on multiple timeframes. Despite the downturn, a crypto analyst has indicated that the meme coin, which is hovering around $0.2, could be poised to skyrocket toward a new all-time…
Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives under the Virtual Asset Regulatory Authority’s (VARA) Pilot Regime, the company announced Wednesday. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework, marking…
Tether CEO Paolo Ardoino has revealed a staggering 40% of all fees that users are paying on the major blockchains are spent to move USDT. USDT Transfers Make Up For A Notable Portion Of Network Fees In a post on X, Paolo Ardoino has shared the latest data related to USDT’s transfer fees share on…
Changpeng Zhao (CZ) has filed a motion to dismiss a $1.76 billion lawsuit brought against him by the FTX bankruptcy trust. He says the court has no legal authority over him because he lives in the United Arab Emirates (UAE). CZ’s Defence According to a Bloomberg report, his legal team submitted the motion on Monday…
A controversial theory by Versan Aljarrah, founder of Black Swan Capitalist, suggests that Bitcoin may be acting as digital collateral to support Ripple’s liquidity corridors. According to his hypothesis, BTC could be financing Ripple’s On-Demand Liquidity (ODL) system, playing a more active role than previously understood. Bitcoin as Unseen Liquidity Support If true, the theory…
After nearly a month of trailing behind, meme coin launchpad Pump.fun has reclaimed its spot at the top of the Solana ecosystem, overtaking rival letsBONK.fun in key performance metrics. The shift marks a new chapter in the increasingly competitive meme coin wars unfolding on Solana. As of August 6, Pump.fun surpassed letsBONK.fun in 24-hour trading…
The altcoin season index has dipped to 36, but selective trading activity around Ethena, Sky, and Curve DAO suggests that traders are still rotating into certain assets. While broader market indicators are mixed, these three tokens have drawn interest from investors looking for volume, use cases, or yield mechanics. Ethena: Synthetic Dollar Protocol Gains Ground…