Author: CryptoHoppers
Key NotesUS President Donald Trump threatened a 50% tariff on EU imports.Bitcoin investors showed signs of consistent accumulation.Spot BTC ETFs recorded their third-largest weekly inflows. Right after Bitcoin (BTC) broke its previous all-time high of $109,000, a shocking wave of selloff was triggered from the US government’s side again. Bitcoin reached a new ATH of $111,970 on May 22, and the global crypto market cap surpassed the $3.5 trillion mark again. A day later, US President Donald Trump threatened the European Union with a 50% tariff on all imports. Trump said the negotiations with the EU were not going well.…
Shiba Inu is nearing a local technical bear market after falling by over 17% from its highest point this month. Shiba Inu (SHIB) was trading at $0.000014 on Sunday, with its 24-hour volume dwindling to $158 million. This volume is much lower than that of other popular meme coins like Dogecoin (DOGE), Pepe (PEPE), Official Trump (TRUMP), and Bonk (BONK). The underperformance is happening because of the ongoing whale and mart money selling and falling burn rate. ShibBurn data shows that the daily burn rate crashed by 85% to 2.14 million. Its weekly burn rate also dropped, with the biggest…
Key Takeaways A Kentucky crypto investor was arrested for allegedly kidnapping and torturing an Italian tourist to extract crypto passwords. Two suspects face multiple charges including first-degree kidnapping and assault due to the alleged crime in a Manhattan apartment. Share this article A Kentucky crypto entrepreneur has been arrested and faces severe charges after allegedly kidnapping and torturing an Italian tourist with a chainsaw and other brutal methods to force him to hand over crypto account passwords, police sources told the New York Post. The suspect, John Woeltz, was taken into custody on Friday after the Italian victim made an…
Whale accumulation rises as MVRV divergence signals a more mature market structure. Short liquidations and trendline support position BTC for a move to $114K. Bitcoin [BTC] recently set a new all-time high above $108K, yet its MVRV ratio remains significantly below the peaks recorded in previous cycles (2013, 2017, 2021), which often exceeded 3.5. This divergence is largely due to the rising Realized Cap, suggesting that more coins are now held by strong hands with higher cost bases. As a result, the typical profit-taking behavior seen during past MVRV spikes hasn’t materialized. This shift reflects deeper market maturity and indicates…
[…] This ruling could influence future crypto-related prosecutions, particularly those involving decentralized finance platforms. It also raises questions about jurisdiction in digital asset cases. […] Source link
Key Takeaways X experienced its third global outage this week, affecting users worldwide. The platform has not explained the repeated service failures despite the disruptions. Share this article Elon Musk’s social platform X, formerly known as Twitter, suffered its third major outage this week, as users around the world reported widespread disruptions early Saturday morning. The latest disruption follows similar service failures on Thursday and Friday.According to Downdetector, which tracks real-time user complaints, the outage peaked with more than 25,000 reports. Problems began around 8:37 a.m. ET, with users unable to load timelines, post updates, or access core features of…
A widely followed analyst and trader believes Bitcoin (BTC) is set to go even higher after recently hitting a new all-time high. The analyst, pseudonymously known as Credible Crypto, tells his 467,200 followers on the social media platform X that Bitcoin is now in the final phase of a bullish cycle. Credible Crypto, who regularly applies the Elliott Wave theory in his technical analysis, says Bitcoin is in the final wave of the main bullish trend. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs…
U.S. stocks shed gains in early trading on Friday as investors sharply reacted to President Donald Trump’s fresh tariff threats against the European Union. The Dow Jones Industrial Average fell more than 480 points, and the benchmark index S&P 500 shed 1% as stocks opened lower amid market reaction. Nasdaq Composite also edged lower, down 1.2%. Having pared gains in recent days, driven by macroeconomic and geopolitical concerns, global stocks looked set to end the week on a losing note as traders weighed the latest tariffs-related move from President Trump. Notably, this comes not long after the United States struck…
Key Takeaways Trump’s tariff push on the EU and tough talk on Apple suddenly sent Bitcoin below $108,000 in early Friday trading. Apple must build iPhones in the US or face a 25% tariff, Trump warned. Share this article The price of Bitcoin (BTC) fell below $108,000 early Friday after President Donald Trump called for steep tariffs on EU imports and threatened Apple with similar measures. The digital asset briefly touched $107,300 on Binance, pulling back from session highs above $111,000 as traders responded to fresh geopolitical tensions.The US president on Friday proposed a 50% tariff on all EU imports…
R3, the development team behind the private Corda blockchain, is jumping into the public “internet capital markets” game by collaborating with Solana. The move marks “a new strategic direction for R3,” which will now enable its $10 billion-plus worth of real-world onchain assets issued by asset managers, banks, and other financial services providers to trade and settle on a public blockchain.“The collaboration will create a consensus service deployed on Solana to enable native interoperability between R3’s existing Corda platform – as well as other private networks – and Solana, bridging the gap between permissioned and public blockchain ecosystems for the first…