Shiba Inu Price Rally Stalls as Burn Rate Drops and Futures Interest Wanes – What’s Next?
Shiba Inu’s bullish momentum has waned, with the token now trading at $0.000015, a decline from its recent high of $0.00001750. The 24-hour trading volume has slumped to $173 million, lagging behind major meme coins like Dogecoin ($1.416 billion) and…
Milei Siblings Fail to Attend LIBRA Scam Hearing as Investigation Deepens
Argentine President Javier Milei and his sister Karina Milei did not appear in court for a virtual hearing related to the ongoing LIBRA meme coin scandal. The court session, held as a preliminary step toward possible civil litigation, saw no…
Paraguayan Authorities Foil $15M Crypto Mining Theft Near Itaipu Dam; One Arrested, Three Deported
Paraguayan law enforcement successfully disrupted a significant crypto mining theft operation near the Itaipu hydroelectric dam, resulting in one arrest and the deportation of three foreign nationals. On May 15, prosecutor Irene Rolón confirmed that four individuals had breached a…
Coinbase Breach Hits Sequoia Partner Roelof Botha, Sparks Warnings for VCs
Roelof Botha, Managing Partner at Sequoia Capital, is among those affected by a data breach at Coinbase, a development that has raised alarms across Silicon Valley’s venture capital community. A Bloomberg report on May 16 confirmed Botha as one of…
Hong Kong Cracks Down on $15M Crypto Money Laundering Network, 12 Arrested
A major money laundering operation involving HK$118 million ($15 million) funneled through cryptocurrency and fraudulent bank accounts has been dismantled by Hong Kong authorities, leading to 12 arrests across Hong Kong and mainland China. According to a May 17 report…
Bitcoin Could Hit $250K by End of 2025, Says Analyst Scott Melker
Crypto analyst Scott Melker believes Bitcoin could surge to $250,000 by the end of 2025, driven by institutional demand and a maturing market structure. Melker, who hosts The Wolf of All Streets podcast, shared his outlook in a recent interview,…
Crypto Pullback Deepens as Profit-Taking Sets In – Bitcoin Holds $102K, Institutions Stay Bullish
Crypto markets faced a notable correction on May 15, 2025, with prices sliding across the board. Total market capitalization fell to $3.4 trillion, down 4.4% from the previous day, while daily trading volume held steady at $119 billion. Bitcoin dipped…
AlAbraaj Restaurants Embraces Bitcoin Treasury Strategy, Eyes Role as Middle East’s Strategy
AlAbraaj Restaurants Group, a publicly traded company on the Bahrain Bourse with a market cap of $24.2 million, has formally announced its entry into the world of Bitcoin treasury management. The company has partnered with 10X Capital, a U.S.-based investment…
Jim Chanos Bets Against Strategy Inc. While Doubling Down on Direct Bitcoin Ownership
Jim Chanos, one of Wall Street’s most famous short-sellers, has taken a unique stance in the crypto space—shorting Strategy’s stock while going long on Bitcoin itself. The move, unveiled at the Sohn Investment Conference and shared with CNBC, flips the…
$27 Billion Laundering Empire Busted – Telegram, Crypto Marketplaces Under Fire as Haowang Guarantee Falls
Telegram’s crackdown on the $27 billion Haowang Guarantee platform has shone a spotlight on the dark underbelly of the crypto world, where criminal networks thrive through encrypted channels and anonymous transactions. On May 13, the platform—labeled the world’s largest illicit…