Chris Williams, CEO of OpSec, a purported AI Cloud Security platform, announced that he and “the entire core team” resigned. Williams cited a recent investigation from ZachXBT, who claimed that OpSec was fraudulent.
One user, Zopp0, simultaneously owned OpSec and several other projects and withheld critical information and even payment from Williams’ team.
ZachXBT’s OpSec Investigation...
A new lawsuit signed by 18 Republican Attorneys General accuses the SEC of unfair practices in prior crypto crackdowns. The suit names the SEC and all five of its Commissioners.
However, two of these Commissioners are Trump appointees, and one is even a vocal crypto proponent, complicating the issue.
New Suit Against the SEC
In a remarkable development discovered by journalist Eleanor...
Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin’s recent surge. The recent decline highlights the weakness in UNI’s momentum, with technical indicators suggesting a cautious outlook.
Although EMA lines still show a bullish structure, the price slipping below short-term EMAs signals fading buying pressure. A...
FET price has been underperforming compared to its closest competitors over the past week, down more than 8%. Despite being the second-largest AI cryptocurrency by market cap, it has struggled to keep pace with other major players in the sector.
While its competitors have seen impressive gains, FET has lagged behind, raising concerns about its ability to maintain its position. This recent...
The Royal Government of Bhutan recently sold 367 Bitcoin, valued at approximately $33.5 million, via Binance.
Data from Arkham Intelligence shows the transaction occurred on Thursday morning when Bitcoin’s price exceeded $90,000. Since then, Bitcoin has dropped over 3% to $87,000.
Bhutan Is Still the First-largest Government Bitcoin Holder
This sale follows a $66 million Bitcoin...
Republican Senator Cynthia Lummis of Wyoming plans to introduce legislation to increase the government’s Bitcoin holdings by selling a portion of the Federal Reserve’s gold.
This move aligns with former President Donald Trump’s reported interest in establishing a strategic Bitcoin reserve.
The New Government Is Already Moving Towards a Bitcoin Reserve
According to Bloomberg reports,...
Gary Gensler, current Chair of the SEC, gave a speech today fervently defending his strict regulatory policies against the crypto industry. President-elect Donald Trump vowed to fire Gensler, who appeared to accept his ousting.
Gensler remained defiantly critical of the crypto industry, calling it a field of “significant investor harm.”
Gensler’s Defiant Speech
In a recent public...
Crypto analyst Miles Deutscher has pointed to a promising technical setup in TOTAL3, fueling speculation that the altcoin season cycle may close. The analyst comments come as the broader crypto market sees a notable bounce, with Bitcoin (BTC) briefly crossing $93,000 and several altcoins showing strong gains.
But how soon could altcoin season actually arrive? This analysis delves into other...
Yesterday, the world’s largest asset manager, Blackrock, disclosed that it had expanded its tokenized money fund to other blockchains, including Move-programmed Apots (APT). This development sparked speculation that the Aptos token price could gain from it.
Initially, APT price climbed to $12.60. But as of this writing, the altcoin has dropped by 6.33%, suggesting that the integration with...
Ethereum’s recent price movement has shown a decline following a rally, even after ETH Whales made a comeback and Bitcoin reached a new all-time high.
While ETH had gained momentum alongside the broader market surge, this recent drop could hinder a significant shift in Ethereum’s price trajectory, raising questions about its short-term outlook.
Ethereum Whales Aren’t Strong Enough...