EU MiCA Shake-up Lets Crypto Scammers Target Users

European financial watchdogs warn that criminals are exploiting this market transition to steal funds. Fraudsters are impersonating official regulators or licensed exchanges to trick users into sending assets to fraudulent websites. Hundreds of Firms Forced to Close European regulators say criminals are taking advantage of the disruption caused by the EU’s new crypto rules, impersonating […]

US Sold Euros to Save the Yen, Europe Found Out After

The US Treasury sold euros, not dollars, to help prop up the Japanese yen last week. The European Central Bank only learned about the trade after it had already closed. Christine Lagarde and Scott Bessent only spoke about the move a day later. However, by then, the New York Federal Reserve had already executed the […]

$72M: Roundhill’s Photonics ETF $LYTE Impresses on Debut

Roundhill’s newly launched Photonics ETF, $LYTE, achieved a remarkable first-day trading volume of $72 million, surpassing the debut of $DRAM. This strong performance, highlighted in a tweet by commentator @EricBalchunas, indicates a growing interest in specialized sector ETFs, potentially reshaping investment dynamics in the market. Breaking It Down The launch of Roundhill’s Photonics ETF comes […]

Pump Fun Sells 84,789 SOL for $6.25M, Totaling $807M in Sales

Solana’s ecosystem is experiencing notable activity as Pump Fun sold another 84,789 SOL for $6.25 million today. This sale contributes to a staggering total of 4,823,325 SOL, valued at approximately $807 million. These significant token movements are capturing the attention of traders, indicating a shift in market sentiment and activity. Source: Lookonchain’s tweet. The Key […]

Bitcoin Mining Firms Sell $37.37M in BTC to NYDIG

Bitcoin mining companies are offloading significant amounts of BTC, with MARA and Riot Platforms leading the charge. According to a recent tweet from @lookonchain, MARA deposited 200 BTC, valued at approximately $12.86 million, into NYDIG, while Riot Platforms added another 381 BTC worth about $24.51 million. This move raises questions about the current market sentiment […]

Can a Spinoff Rescue Fujifilm After Its Worst Day Ever on the Japanese Market?

Fujifilm Holdings shares crashed by a record margin on Friday, after first-quarter earnings fell far short of analyst estimates. The stock fell as much as 18%, the steepest drop on record for the company. Fujifilm is now weighing a partial spinoff of a unit that generates over a third of its sales. Why Fujifilm’s Earnings […]

Clarity Act Stalls in Congress Amid Senate Recess, Says Gemini

The Clarity Act is back in the spotlight as both Canada and the US grapple with its implications. Despite prior momentum, the bill will not be voted on as the Senate recess begins, effectively pausing critical discussions on cryptocurrency regulations. This delay raises concerns among industry stakeholders about the future clarity in regulatory frameworks. source […]

Jaredfromsubway Exploiter Loses $505K Trading Ethereum

The recent trading activities of the exploiter linked to the Jaredfromsubway incident have drawn attention in the crypto community. A month ago, this individual stole $7.7 million and converted it into Ethereum. Recently, they lost $505,000 due to poor trading decisions, as highlighted in a tweet by @lookonchain, raising concerns about trading strategies in volatile […]

CLARITY Act Vote Slips to September as Senate Breaks for Recess

The CLARITY Act vote has been pushed to September after Senate Democrats withheld the consent needed to bring it to the floor before the August recess.  Majority Leader John Thune confirmed the digital asset framework will now wait until lawmakers return. Why the CLARITY Act Stalled The Digital Asset Market Clarity Act, formally H.R. 3633, […]

Solana Sees Record Activity Amid Governance Push as SOL Tests Support

Solana (SOL) hovered just above the low-$70s on Thursday, as traders weighed a fragile technical setup against a burst of on-chain activity and a renewed push for ‘governance reform’ and network speed improvements. As of Thursday 1:00 a.m. ET, SOL traded at $73.09, down 0.8% over the past 24 hours. Spot trading volume was about […]