In Brief Coinbase faces backlash after an insider leaked user records, exposing sensitive data like IDs and addresses to phishing scams. Allegations claim Coinbase knew of the breach since January but delayed disclosure, leaving users vulnerable to impersonation and fraud. The leak raises severe risks, highlighting failures in internal controls and fueling fears of centralized…
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In Brief US-listed spot Bitcoin ETFs saw $115 million net inflows Thursday, showing steady institutional interest despite recent market volatility. BlackRock’s iShares Bitcoin Trust led with $410 million inflows, while ARK 21Shares Bitcoin ETF faced $132 million outflows, highlighting mixed fund flows. BTC’s price rose 2% to $104,007, and futures open interest increased slightly by…
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In Brief A trader identified as James Wynn has made over $46 million in just two months on Hyperliquid. The profits were generated from high-leverage positions on Bitcoin and meme coins like PEPE. Notably, the trader has publicly criticized centralized exchanges like Bybit, while hailing Hyperliquid. A crypto trader known as James Wynn has sparked…
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In Brief TRUMP surged 15% over the past week, nearing $14.53 resistance; breaking this could push the price toward $17.14 or higher. The US-UK trade deal and ongoing talks with China have fueled optimism for TRUMP, but short-term geopolitical news may limit long-term momentum. If TRUMP fails to hold $13.36 support, the price could drop…
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In Brief Cardano has risen 17% in the past three days, signaling potential recovery from the 40% losses sustained in March, with $0.80 resistance in sight. The MVRV Long/Short Difference at -89% suggests that long-term holders may be near selling out, paving the way for new investor entries to support the rally. If Cardano can…
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In Brief Ethereum has historically seen its strongest monthly returns in May, averaging a 27.36% gain, suggesting potential for a price rebound. Large investors have increased their ETH holdings by over 22% since March, indicating strong confidence in Ethereum’s long-term value. The upcoming Pectra upgrade on May 7 aims to enhance scalability and usability, potentially…
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In Brief The US now controls 75.4% of global Bitcoin mining, overtaking China’s previous dominance. Despite a crypto ban, sources report that China still holds 15% of global Bitcoin hashrate, with its infrastructure intact. China may adjust its crypto policies, balancing de-dollarization efforts with its long-standing anti-crypto stance. A recent Cambridge report confirms that the…
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In Brief Bitcoin spiked above $97,000 following China’s $138 billion stimulus, then retreated to $96,000 amid Fed uncertainty. China’s interest rate cuts and liquidity measures spark risk-on sentiment, with trade talks fueling market optimism. The Fed’s $34.8 billion bond purchases raise concerns of a return to quantitative easing (QE), potentially boosting crypto. Bitcoin (BTC) jumped…
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In Brief MELANIA’s meme coin team divested nearly 10 million tokens in the last 8 days fo over $4 million. Wallets linked to the project sold off nearly 42 million tokens worth around $23 million since March. The selling activities have contributed to the token faling 97% from its January peak of over $13. The…
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In Brief Vitalik Buterin has called on the Ethereum community to simplify the network’s design by adopting a Bitcoin-style approach. Buterin believes Ethereum’s current complexity raises costs, centralizes control, and creates barriers for developers. So, Buterin proposed reducing protocol complexity across the consensus layer, execution environment, and standardization processes. Ethereum co-founder Vitalik Buterin has urged…
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