Ethereum is looking ready to break above $5,000 after surging more than 200% from its $1,385 low recorded four months ago. At the time of writing, ETH is trading at $4,680 after touching $4,715. It currently sits merely 2% below its 2021 peak. Market participants anticipate a break above $5,000 this weekend, particularly as the…
Renowned blockchain investigator ZachXBT has exposed an elaborate scheme involving five North Korean IT workers who created more than 30 fake identities. These operatives used government-issued ID cards and purchased professional accounts on Upwork and LinkedIn to get jobs with cryptocurrency projects as developers. Anonymous Source Compromises North Korean IT Workers’ Devices to Reveal Operation…
Altseason movement remains limited, but capital flows are beginning to favor tokens with recent action or infrastructure relevance. Bitcoin still leads with over 60% market share. Against that backdrop, OKB, Arbitrum, and Sei are drawing renewed focus, especially OKB. OKB Surge Sparks Attention During the Altcoin Season OKB’s price surged by 120% within 24 hours,…
Billionaire Michael Saylor, executive chairman of Strategy, has once again taken to X (formerly Twitter) to explain why shares of $MSTR trade at a premium to Bitcoin’s net asset value (NAV). In his post, Saylor attributed this advantage to four key factors: Credit Amplification, Options Advantage, Passive Flows, and Superior Institutional Access—benefits that equity and…
Terraform Labs co-founder Do Kwon has pleaded guilty to two felony counts of wire fraud and conspiracy to defraud, ending a prolonged legal standoff with U.S. prosecutors. The plea deal, entered Tuesday in the Southern District of New York, marks a sharp reversal from Kwon’s earlier not-guilty stance. Under the reported agreement, prosecutors will recommend…
The United States Securities and Exchange Commission (SEC) is planning to focus on developing “clear” crypto regulations after dropping its case against digital payments company Ripple, per a new X post from Commissioner Hester Peirce. Clear Crypto Framework Underway, Hester Peirce Says According to Peirce’s Monday X post, the SEC’s decision to dismiss its legal…
The legal parties involved in Roman Storm’s landmark case have decided on next steps following the Tornado Cash developer’s partial mistrial, an August 11 court filing shows. Roman Storm Case Formalizes Upcoming Schedule According to a court document filed on Monday, both federal prosecutors and Storm’s defense team have formalized the case’s upcoming schedule after…
Solana (SOL) has developed a golden cross formation on its daily chart, a bullish technical pattern that has historically preceded extended rallies, delivering gains of at least 40% for the altcoin. This pattern previously drove SOL from $155.01 to $293.00 within just seven days in October 2024, when identical conditions emerged. The golden cross materializes…
Circle Internet Group shares surged 11% in pre-market trading on Tuesday following the stablecoin issuer’s first quarterly earnings report as a public company. The company reported total revenue and reserve income of $658 million, up 53% from the previous year, while posting a net loss of $482 million, primarily due to $591 million in non-cash…
BitMine Immersion Technologies is raising the stakes in the Ethereum market, filing with the U.S. Securities and Exchange Commission (SEC) to expand its at-the-market equity offering by a massive $20 billion. The move boosts the company’s total stock sale capacity to $24.5 billion, with much of the proceeds expected to be used for additional ETH…