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These Altcoins Extend Losses as BTC Faced Rejection at $100K (Weekend Watch)
Bitcoin’s price struggles continue as the asset was violently rejected at $100,000 yesterday and pushed south by over four grand in hours. Nevertheless, many altcoins are in even worse condition, with massive double-digit losses on a weekly scale. BTC Up and Down It was a painful week for the primary cryptocurrency, which started during the…
Read MoreDerivatives Exchange Deribit Exits Russian Market Amid EU Sanctions
Deribit has officially announced its departure from the Russian market due to sanctions imposed by the European Union. The crypto exchange, which operates under Dutch regulations, stated that it can no longer offer services to Russian nationals and residents unless they meet specific conditions. These exceptions include Russian citizens who also hold citizenship in an…
Read MoreCongress Moves to Regulate Stablecoins, Temporarily Bans Some Digital Assets
The US House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have introduced a discussion draft for the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025. The proposed legislation aims to establish a clear regulatory framework for stablecoins while addressing financial stability concerns. Legislation Proposes…
Read MoreJustin Sun Sues Music Mogul David Geffen Over $78M Sculpture Dispute
Tron founder Justin Sun has filed a lawsuit against American film producer and record executive David Geffen in a bid to reclaim an Alberto Giacometti sculpture or get up to $80 million in damages. Sun lodged the complaint in Manhattan federal court on Tuesday, alleging the bronze Le Nez sculpture, which he previously owned, had…
Read MoreAlexey Pertsev to Be Released from Prison Today With an Electronic Monitor
Alexey Pertsev will be released from prison today under electronic monitoring as he continues to appeal his money laundering conviction linked to Tornado Cash. His release comes after months of unsuccessful bail requests and growing concerns over how the legal system treats privacy-focused crypto developers. Pertsev Plans on Focusing on His Appeal Pertsev confirmed the…
Read MoreBinance Test Token Pumps to $37M After Accidental Name Reveal
A test meme coin (TST) created for a tutorial on the Four.Meme platform experienced an unexpected surge in value following a social media post by former Binance CEO Changpeng Zhao, popularly known as CZ. The token, originally intended as a demonstration asset on the BNB Chain, saw its market cap skyrocket as traders and influencers…
Read More3 Reasons That Ripple (XRP) Is Preparing for a Major Rally
TL;DR Spot XRP ETF filings from well-known financial players could boost institutional and retail investment in the asset if approved. Whales accumulated millions of tokens during the dip, and the RSI briefly dropped below 30, suggesting a potential price rebound. The Potential Catalysts Ripple’s XRP did not start the business week on the right foot,…
Read MoreCease-and-Desist Letter Issued to PumpFun Over Unauthorized Token Use
Two law firms – Burwick Law and Wolf Popper LLP – have issued a cease-and-desist letter to the Solana-based meme coin creation platform PumpFun, demanding the immediate removal of the Dogshit2 token and other related coins deployed on the Solana blockchain that utilize unlicensed intellectual property from their firms. According to the law firms, PumpFun…
Read MoreJupiter Exchange Regains X Account Following Hack
Jupiter, a Solana-based decentralized exchange aggregator, had its X account briefly compromised, with the attacker using it to promote scam tokens, leading to market turbulence. The team has since regained control of the page, confirming that no funds or customer data were affected. Hack Leads to Token Scam Promotion The drama kicked off in the…
Read MoreDogecoin Whales Make a Huge Move: Is DOGE's Price Poised for a Rally?
TL;DR Large investors bought 750 million DOGE during the recent dip, potentially setting the stage for a price rebound. While some analysts expect a further drop to $0.17, historical trends suggest the possibility of another explosive bull run for Dogecoin in the coming months. Time for a Reversal? The cryptocurrency market has suffered substantial losses…
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