The current price cycle for Tesla (TSLA), starting from its low on April 22, 2025, is unfolding as a five-wave impulse structure, a common pattern in technical analysis signaling strong directional momentum. As illustrated on the 1-hour chart, the stock has been advancing since this low, with distinct waves forming within the broader structure. From…
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South Korean Experts Warn Seoul of Mounting ‘Stablecoin Danger’
Leading legal and financial experts have cautioned political leaders that stablecoin adoption plans pose a danger to the South Korean economy. Per the newspaper Chungnyun Ilbo, experts say that US dollar-based stablecoins could have an impact on exchange rates and fiat currencies. Stablecoin Danger for South Korean Economy? The comments came at a digital assets-themed…
Dogecoin Price Prediction: One Break Above $0.230 Could Unleash a Full-Blown Meme Rally
Dogecoin (DOGE) has pulled back 3.2% in the past 24 hours, but the dip may be a setup for an even bigger move as the meme coin rally takes a brief pause. Trading volumes have nearly doubled in the same period, signaling heightened interest as DOGE approached the key $0.23 resistance level. Meanwhile, other leading…
Roman Storm’s Defense Team Accuses U.S. Government Of Withholding Key Exculpatory Evidence
The defense team of Tornado Cash developer, Roman Storm, is accusing prosecutors from the U.S. federal government of withholding key evidence that could see the crypto founder set free in a new letter to U.S. District Judge Katherine Polk Failla on Friday. Exculpatory Evidence Discovered, Lawyers for Roman Storm Say According to Storm’s counsel, the…
Procolored Printer Drivers Slip Bitcoin-Stealing Trojan, Draining $950K from Users
Key Takeaways: Procolored’s official driver downloads contained XRedRAT (a remote access trojan) and SnipVex (a Bitcoin clipboard hijacker). The malware, linked from Procolored’s own support site, swapped copied Bitcoin addresses to redirect funds to attackers, netting around 9.3 BTC. After public exposure, Procolored’s parent company, Tiansheng, removed the infected files, blaming the breach on USB…
Circle’s $5B Showdown: Will Coinbase Outbid Ripple After Rejected Offer?
Key Takeaways: Circle is exploring a potential $5 billion sale to either Coinbase or Ripple, indicating flexibility to stay independent via an IPO. With a shared history and revenue ties through the Centre Consortium, Coinbase is a natural buyer with the funds and synergy to integrate USDC. Ripple’s $4–5 billion offer, likely involving cash and…
Dough Finance Hack: $2.5M Lost – Will Silent World Liberty Partners Repay Investors?
Clients of Dough Finance, a trading platform launched by World Liberty Financial co-founder Chase Herro, are still waiting to be “made whole” after a hack drained millions of dollars in user funds, a Monday report from Reuters reveals. Hackers Exploit Dough Finance, Steal $2.5 Million According to a May 19 report from the media outlet,…
Cardano Audit Probes $600M ADA Gap – Was Treasury Looted?
Key Takeaways: Artist Masato Alexander claims that a 2021 hard fork allowed Cardano’s team to move 318M ADA from presale wallets to reserves. Intersect confirms it received only $7M, far short of the $619M in question. The controversy rekindles old doubts about Cardano’s early token distribution and governance mechanisms. The Cardano Foundation is preparing to…
CryptoQuant Finds TRON Moving $23B USDT Daily in 2025, Surpasses Ethereum
TRON has firmly established itself as one of the most actively used blockchain networks in the world for payments, according to recent research from CryptoQuant. TRON > Ethereum for USDT TRON now leads stablecoin activity: – $75.8B USDT supply– $23.4B daily volume– 2.4M daily txs vs ETH’s 284k Stablecoin crown secured. pic.twitter.com/kEnMzGN8a1 — CryptoQuant.com (@cryptoquant_com)…
Russia’s ‘Kraken’ Darknet Market Crypto Sales Soar 68% as Global Trade Falls
Key Takeaways: Russia’s darknet markets grew 68% while global sales fell 15%. Strict KYC pushes darknet vendors toward DeFi platforms. Monero gains traction as darknet operators ditch traceable Bitcoin. Blockchain analytics firm Chainalysis has reported a 15% decline in global cryptocurrency sales across darknet markets in 2024, according to a data-driven blog post on May…