Crypto millionaire James Wynn said the August market downturn was ending, even after his latest memecoin liquidation by an alleged market maker “cabal.” Wynn was liquidated on his recent 10x leveraged long position that was betting on a Dogecoin (DOGE) price appreciation, losing $22,627, according to blockchain data platform Onchain Lens’ Monday X post. That
US President Donald Trump announced the dismissal of Federal Reserve Governor Lisa Cook, raising questions about the reliability of the US dollar. In a Tuesday post, the White House Rapid Response X profile published a letter signed by Trump removing Cook from her role at the Federal Reserve. He accused her of having made false
Imagine a world where your cash deposits are not just numbers in an account, but secure, digital tokens that move with incredible speed and efficiency. This future is rapidly approaching, thanks to pioneers like VersaBank USA, which has just launched a groundbreaking pilot program for tokenized deposits in the United States. This initiative marks a
At Tokyo’s WebX conference, Galaxy Digital CEO Mike Novogratz predicted crypto applications and tokenized markets will gain real-world adoption within five years. He said this shift would move the industry from speculation to practical use. Ethereum’s Rally and the Coming IPO Wave Novogratz said Ethereum’s sharp price surge has been fueled by digital asset treasury
Exciting news is buzzing across the crypto landscape! The innovative modular blockchain Hemi has successfully secured a substantial $15 million in a recent funding round. This significant capital injection positions Hemi as a compelling new player, aiming to merge the unparalleled security of Bitcoin with the dynamic smart contract capabilities of Ethereum. It’s a development
Animoca Brands has teamed up with Antler’s corporate innovation arm, Ibex Japan, to launch a dedicated Web3 entertainment investment fund aimed at bringing Japan’s anime and manga intellectual property (IP) onchain. The announcement was made on Tuesday at the WebX conference in Tokyo, Animoca Brands revealed in a post on X. Animoca’s co-founder and chairman,
Story Highlights Bitcoin falls below $109K, sparking warnings of a deeper correction toward $75K. Analysts highlight CME gaps and key support zones. Long-term predictions remain bullish Crypto markets took a hit over the weekend with Bitcoin and Ether seeing sharp declines. While some see this as a temporary dip before new highs, Bitcoin critic Peter
Are you keeping an eye on the exciting developments in the crypto world? There’s a buzz around Lombard, a project that’s truly revolutionizing the on-chain Bitcoin market with its innovative LBTC token. A recent report from the respected global crypto research firm, Four Pillars, highlights Lombard’s significant achievements, positioning it as a clear leader in
Story Highlights Morgan Stanley now expects two Fed rate cuts in 2025, starting in September and again in December. Powell’s Jackson Hole remarks signaled a shift from inflation concerns to labor market risks. Trump’s push to remove Fed Governor Lisa Cook adds political pressure ahead of the September FOMC meeting. Morgan Stanley has flipped its
Bitcoin faces a potential correction. It must quickly reclaim $110,800. Failure to do so could trigger a further downturn. Glassnode identified a key metric. $110,800 is the average cost for new investors, based on May through July buyers. During this period, Bitcoin hit new all-time highs. Bitcoin Should Defend $110,800 Glassnode explains that the average