Today, Vaulta (A), formerly EOS (EOS), displayed signs of strength, boosted by a large whale accumulation. The transaction is significant as it has rekindled optimism for a potential rally in the EOS market. WLF buys $2.996 million EOS tokens According to Satoshi Club, World Liberty Financial (WLF), a crypto DeFi platform owned by President Trump, … Read more
French authorities are looking to provide extra security for cryptocurrency executives and their families following a series of high-profile kidnappings and attempted abductions. France’s Interior Minister Bruno Retailleau made the announcement in a statement on Friday, May 16. His remarks came as France grapples with a wave of violent attacks targeting leading figures in the … Read more
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price has spent the bulk of the week pinned … Read more
Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price has spent the bulk of the week pinned … Read more
Bitcoin’s recent price surge has not deterred professional investors from adjusting their strategies, signifying a complex market sentiment at play. Despite Bitcoin soaring nearly 24% in the last month, Bitfinex margin longs have contracted significantly, indicating traders might be realizing profits cautiously. “The current dynamics suggest that whales are not bearish, yet they are strategically … Read more
Basel Medical Group Ltd has entered exclusive negotiations to acquire US$1 billion worth of Bitcoin in a strategic move to strengthen its balance sheet and diversify its treasury reserves. The announcement, made on May 16, marks a significant shift for the Singapore-based healthcare company, as it looks to blend digital asset investment with aggressive growth … Read more
Crypto is erupting into mainstream finance as major advisory firms embrace digital assets, with billions set to flow and 5% allocations becoming the new norm, Bitwise says. The ‘Big Unlock’ Is Happening—Billions Poised to Shift Across Wealth Portfolios Bitwise Asset Management’s chief investment officer, Matt Hougan, offered a bullish outlook on crypto adoption within traditional … Read more
Sen. Richard Blumenthal (D-CT) skewered the Trump family’s crypto firm, World Liberty Financial, on Friday—for what he called its “seriously inadequate” response to a Senate inquiry into the company’s business practices. “This seriously inadequate response conveniently avoids the fact that foreign governments and others can enrich and compromise the President through World Liberty Financial,” Blumenthal … Read more
The Economist has taken scathing criticism of the cryptocurrency sector, describing it as the “ultimate swamp asset” and accusing it of straying from the ideals of decentralization, particularly in the context of US politics. The Economist Denounces Cryptocurrency as the “Ultimate Swamp Asset,” Criticizes US Industry’s Turn to Political Rent-Seeking The paper argues that the … Read more
Crypto entrepreneurs and their families in France will receive enhanced security measures amid a recent rise in crypto-related kidnappings in the country, Politico reported. According to the May 16 report, the measures include priority access to police emergency lines, home security assessments, and safety briefings from French law enforcement to ensure best practices are being … Read more