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XRP investors are raising red flags after a wallet linked to Ripple co-founder Chris Larsen sent 50 million XRP to exchanges, a move that some fear could signal the start of broader sell pressure. Key Takeaways: Ripple co-founder Chris Larsen moved 50M XRP to exchanges, sparking fears of a broader sell-off. Larsen still holds 2.58B…

Gemini co-founder Tyler Winklevoss has claimed that JPMorgan Chase paused the crypto exchange’s onboarding process after he publicly criticized the bank’s new policy on financial data access. Key Takeaways: Tyler Winklevoss claims JPMorgan paused Gemini’s onboarding after he criticized the bank. He accused the bank of anti-competitive behavior and trying to block consumer access to…

Strategy (formerly known as MicroStrategy) has been on a wild ride these past few years — defying naysayers by persevering through bear markets, amassing as much Bitcoin as possible, and accruing billions of dollars in paper profits. The latest figures show the one-time business intelligence firm now holds 607,770 BTC, equivalent to 2.9% of the…

Dragonfly Capital may soon find itself in the crosshairs of U.S. prosecutors over its 2020 investment in Tornado Cash developer PepperSec, Inc., the firm behind the now-sanctioned crypto privacy protocol. Key Takeaways: Dragonfly Capital may face legal scrutiny over its 2020 investment in Tornado Cash developer PepperSec. Managing partner Haseeb Qureshi defended the move, citing…

Bitcoin’s price has demonstrated resilience, climbing above $118,000 after weathering significant selling pressure from whale activity. This recovery has sparked discussions among market participants about the extent to which large holders and long-dormant wallets influence Bitcoin’s price movements. Contrary to widespread assumptions about whale dominance, recent insight from River, a Bitcoin-focused financial institution, shows that…

Solana is gaining massive traction as Bitcoin dominance decreases and altcoin season accelerates, with SOL currently testing critical resistance around $188 after breaking above key technical formations. The cryptocurrency has successfully penetrated the major resistance zone between $175.96 and $185.56, positioning itself for a potential breakout toward 2021 highs near $260. Technical analysis across multiple…

Ethereum price has established the $3,500 threshold as a critical launchpad level, while smart money rotation from Bitcoin creates unprecedented institutional demand. ETFs have purchased 1,368,980 ETH this month, compared to only 72,513 ETH minted, effectively buying 18 months’ worth of supply in just three weeks. This supply shock coincides with extreme bearish positioning in…

Ripple’s chief technology officer David Schwartz has admitted that he once faked a fan Q&A session with Ozzy Osbourne and the members of Black Sabbath. Key Takeaways: Ripple CTO David Schwartz admitted to faking a live fan Q&A with Ozzy Osbourne and Black Sabbath. Schwartz used pre-written questions and censored Osbourne’s profanity due to technical…

El Salvador’s Bitcoin experiment appears to be faltering under the weight of an International Monetary Fund (IMF) loan agreement and declining public engagement, according to the non-profit group My First Bitcoin. Key Takeaways: El Salvador’s Bitcoin adoption has slowed due to IMF loan restrictions and lack of public education. The government agreed to halt new…

Perplexity AI predicts that a range of top-tier altcoins could reach unprecedented price levels by late 2025, bolstered by the likelihood of another Bitcoin bull run. Bitcoin surged to an all-time high of $122,838 last Monday, a milestone that analysts suggest could hasten the mainstream adoption of cryptocurrencies if upward trajectory persists, supported by legislation…