In Brief Hackers took over the former Malaysian Prime Minister’s X account to promote a fraudulent meme coin, stealing $1.7 million. The scam is part of a rising trend in fake political meme coins, after scammers used the TRUMP token to steal $857 million. Crypto scams are surging, with a 2000% rise in Telegram phishing…
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In Brief VIRTUAL has dropped 58.7% in 30 days, with ADX rising to 22.5, confirming a strengthening downtrend and increased bearish momentum. BBTrend remains negative but has improved from -36.5 to -15.5, indicating a possible slowdown in selling pressure if the trend continues. VIRTUAL trades between $1.77 and $1.99, with a breakout targeting $2.42 or…
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In Brief Litecoin fell 7% in 24 hours, with RSI dropping to 49.5, signaling neutral momentum after a sharp decline from near-overbought levels. Ichimoku Cloud shows mixed signals, with price near key support, suggesting consolidation or potential trend reversal ahead. LTC could gain 14% to $141 if bullish momentum returns, but a death cross may…
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In Brief XRP’s rally to $3.40 has slowed, with DAA Divergence flashing a sell signal and declining active addresses signaling reduced interest. A bearish MACD crossover suggests weakening market momentum, leaving XRP vulnerable to a drop below $3 before finding support. XRP could correct to $2.73 unless renewed buying pressure emerges; breaching $3.40 ATH would…
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In Brief A fake DeepSeek meme coin hit a $12 million market cap, following a $48 million rug pull by another phony token launched just days earlier. Scammers target novice crypto investors, leveraging hype around AI protocols and high-profile names like DeepSeek and Donald Trump. Crypto scams are rampant, with $857 million stolen via TRUMP…
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In Brief The Abu Dhabi Global Market (ADGM) has played a key role in positioning the UAE as a leading hub for cryptocurrency and blockchain adoption. Its supportive regulatory framework, streamlined processes, and commitment to innovation have attracted major industry players. The DLT Foundations Framework provides a unique and innovative legal structure for blockchain foundations…
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In Brief Mark Cuban suggested creating a meme coin with proceeds donated to the US Treasury, sparking intrigue and skepticism. Cuban’s critique of rug pulls highlights concerns about scammers exploiting naive investors in the booming meme coin market. The billionaire’s proposal may be satire, but it underscores growing fears about the legitimacy of the cryptocurrency…
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In Brief Multiple crypto ETF applications were filed as Gary Gensler exited the SEC, signaling optimism for regulatory changes. Key filings include funds targeting Solana futures, digital asset debt, and diversified crypto market indexes. Industry expects pro-crypto policies under new SEC leadership and Trump’s upcoming executive orders. A surge in crypto ETF applications emerged as…
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In Brief Binance listed three AI agent tokens, leading to a surge of over 40%, and showcased growing interest in AI-driven crypto assets. Grayscale unveiled 39 altcoins under consideration, emphasizing AI agents, meme coins, RWAs, and DePins as strategic priorities. XRP soared to $3.39, driving market optimism, while JPMorgan projected a $14 billion market for…
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In Brief XRP and Solana ETFs could attract up to $14 billion in inflows within 12 months, according to JPMorgan analysts. Ripple and Solana’s strong fundamentals and pro-crypto shifts in U.S. regulation fuel optimism for ETF approvals. Investor demand and regulatory developments remain key factors for the success of altcoin ETFs in 2025. Analysts from…
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