Tag: News

Whales Pour $6M Into HYPE Ahead of July 15 Unlock

TL;DR $40M in HYPE will be unstaked before July 15, likely for staking via Kinetiq’s new platform. Liquidation data shows a major short cluster near $42, suggesting potential for a sharp short squeeze. Large Inflows and Whale Activity Fuel Interest in HYPE Four wallets collectively deposited $6.14 million in...
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U.S authorities charge two crypto founders in $650 million scam

U.S. authorities have charged two men for running a crypto investment scam that defrauded thousands of investors. According to an indictment unsealed on Monday, co-founders Michael Shannon Sims and Juan Carlos Reynoso launched the fake investment platform in 2019, ran…...
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This Overlooked Binance Metric Might Predict Bitcoin’s Next Major Move

Bitcoin has mostly traded between $105,000 and $110,000 this month, hovering near its all-time high. Yet on Binance, perpetual futures prices continue to lag behind spot prices. The continued negative Spot-Perpetual Price Delta on Binance since December 2024 reveals a structural imbalance. Spot Leads, Futures Lags In its latest...
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Crypto Traders Mint Millions From Grok Glitching on ‘MechaHitler’

What started as an apparent ‘hallucinated’ response from X’s artificial intelligence platform, Grok, quickly morphed into a microcap memecoin frenzy. The X-based AI tool last week spat our the terms “MechaHitler,” “GigaPutin” and “CyberStalin” in the same breath in an apparent unprompted response to a user query, an erratic,...
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Cathie Wood Agrees Circle IPO Is ‘Crypto’s ChatGPT Moment’ — Warns Institutions That Ignoring The AI-Crypto Combo ‘Just Isn’t An Option’

ARK Invest CEO Cathie Wood agrees with Fundstrat Global Advisors Head of Research Tom Lee and has likened the Circle (NYSE:CRL) IPO to a pivotal moment in the crypto industry, suggesting that institutional investors can no longer ignore the convergence of artificial intelligence and blockchain. What Happened: In a Tuesday interview with BanklessHQ,...
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