News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: Do Kwon is expected to admit guilt in a U.S. court over the $40B TerraUSD collapse. A judge has set a hearing where Kwon must explain how he broke the law. The 2022 crash of TerraUSD caused major losses and led to other crypto failures.
Share link:In this post: Democrats in the Wisconsin Senate filed a companion bill mirroring last month’s Assembly Bill 384 to tighten the noose on rampant scams linked to crypto kiosks. Senator Kelda Roys filed Senate Bill 386 on August 11 alongside six other Senate members, echoing the Assembly Bill previously filed by Rep. Ryan Spaude. Dileep Kumar, Director at Digital South Trust, said the proposed bills aim to build public trust, despite limiting high-value trades.
Share link:In this post: The Qubic project finally managed to take over 51% of the Monero hashrate, with a block reorg detected. The plan to take over the network crashed the price of XMR, undermining the value of proof-of-work. Qubic aims to retain Monero’s chain but remain the sole miner, acting as a fair block producer with no intention of malicious block reorgs.
Ripple's recent $3.28 billion XRP release triggered unfounded fears of a sell-off, but the escrow mechanism ensured market stability, and whales took advantage.
ENA’s rally may not be over. Net flows have flipped bullish, bulls have held control for 30 days, and an ascending triangle breakout above $0.79 could trigger a push toward $0.96 and $1.25.
HBAR price shows no weekly gains, but multiple timeframes now warn of downside. A looming Death Cross, fading buy pressure, and a vulnerable pennant support level could set up a 10% slide if $0.24 fails.
Steak 'n Shake's Q2 2025 sales rose by 10.7%, credited to Bitcoin payments. Its competitors, like McDonald's, showed slow growth, and the company plans more Web3 upgrades.
- 16:09Data: "Whale Rolls Over $125,000 Long Position on ETH" Opens Another Long Position with 3,694 ETH Worth Approximately $15.75 MillionAccording to ChainCatcher, on-chain analyst Yujin has observed that the whale known for “rolling over $125,000 to go long on ETH” has continued to open new positions after closing out the previous one. About 40 minutes ago, this whale withdrew approximately 130,000 USDC in principal from Hyperliquid and used the remaining $640,000 in profits to go long on ETH. Currently, the whale is holding a 25x leveraged long position on 3,694 ETH, valued at $15.75 million, with an entry price of $4,272 and a liquidation price of $4,183.
- 16:08SharpLink holds over 740,000 ETH, with a total value of $3.18 billionAccording to a report by Jinse Finance, SharpLink's official Twitter shows that the platform currently holds over 740,000 Ethereum, with a total value of approximately $3.18 billion.
- 16:01Analysis: Shift in Investor Sentiment Leads to Decline in US Tech StocksAccording to a report by Jinse Finance, financial website Forexlive noted that U.S. tech stocks saw a significant decline today, with major companies such as Nvidia and Broadcom suffering substantial losses. This downturn reflects growing bearish sentiment in the semiconductor sector and may trigger concerns about the broader reliability of technology. In contrast, financial stocks rose, with Visa's gains highlighting investors' confidence in its long-term growth prospects and providing a stabilizing effect on the sector as a whole. The prevailing market sentiment today is one of caution and uncertainty. Although financial stocks performed strongly, the decline in tech stocks signals a shift in investor sentiment, possibly influenced by economic data or industry-specific news that has yet to fully emerge.