Category: Crypto

Crypto whale James Wynn closed his $1.25 billion, 40x leveraged Bitcoin long on Hyperliquid at a $13.4 million loss after unrealized gains briefly hit $40 million.
The post Hyperliquid Trader James Wynn Exits $1.25B Long Bitcoin Bet at a Loss  appeared first on Cryptonews. …

A new phishing scam is targeting crypto holders through traditional mail, with scammers impersonating hardware wallet maker Ledger and sending fake letters.
The post Scammers Send Fake Ledger Letters in Latest Crypto Phishing Scheme appeared first on Cryptonews. …

Pepe price prediction: After it has gained nearly 60% in 30 days, PEPE now trades 26.5% lower YTD as futures open interest climbs to a record $700 m. Technicals show a cup-and-handle nearing completion; confirmation could lift the token 64% toward its $0.000024 peak.
The post PEPE Price Prediction: Cup & Handle Setup Flashes – $1 Pepe Soon? (MIND) appeared first on Cryptonews. …

Jupiter has climbed from April’s record low to $0.61, adding 100% and lifting its TVL above $2.6 bn. Strong inflows, 144 % overnight volume growth and a move into lending with Fluid have spurred hopes that the Solana DEX token can reclaim $1 and eventually rival Uniswap’s $3.9 bn valuation.
The post Jupiter Price Doubles to $0.61, $2.6B TVL indicates Uniswap Challenge appeared first on Cryptonews. …

The Justice Department has seized over $24M in crypto from alleged Qakbot Malware Developer Rustam Gallyamov and charged him over a botnet that has delivered ransomware like REvil and Conti to thousands of computers since 2008; victims are set to be reimbursed.
The post Qakbot Malware Developer’s $24M in Crypto Seized – Is a Bigger DOJ Crackdown Coming? appeared first on Cryptonews. …

Pi price prediction: Pi has declined 10% after breaking its uptrend, and analysts have warned that insider-linked transfers—1.4 m PI routed through Gate.io from a wallet tied to the core team—may add selling pressure. With a death-cross between short EMAs, the next support zone lies at $0.73-$0.70.
The post Is Pi Network About to Miss the Bull Run? Insider Selling Raises Major Red Flags (Pi Network Price Prediction) appeared first on Cryptonews. …

Labeling it proof of creeping corruption, Sen. Elizabeth Warren blasted Donald Trump’s crypto-fueled Trump gala on Thursday, arguing the $TRUMP dinner lets anonymous whales purchase presidential access. Lawmakers are now weighing tighter stablecoin rules in response.Elizabeth Warren Criticizes Trump In a May 22 press conference, Warren chided the $TRUMP dinner as an extension of Trump, […]
The post Warren Blasts Trump Gala’s 220-Investor Meme Coin Dinner for Ethical Breaches appeared first on Cryptonews. …

Hyperliquid’s etters have provided detailed feedback to the CFTC’s consultations on perpetual swaps and continuous derivatives trading, urging regulators to recognise DeFi’s power to improve transparency, efficiency and user control, and citing the project’s decentralised model as practical evidence.
The post Hyperliquid Submits Comment Letters to CFTC on 24/7 Perpetuals Trading appeared first on Cryptonews. …

The Trump gala has prompted 35 House Democrats to urge the DOJ to examine whether a $TRUMP coin dinner for 220 investors at Trump National Golf Club has breached bribery law or the emoluments clause amid foreign-influence worries after Justin Sun emerged as the top investor.
The post Trump’s $TRUMP Coin Gala Under Fire: Lawmakers Push For DOJ Inquiry Ethics of Exclusive Dinner appeared first on Cryptonews. …

Bitcoin’s breakout to a new all-time high is just the beginning, according to Shunyet Jan, Head of Derivatives at Bybit.
The post Bitcoin Could Hit $125K by End of Q2, Says Bybit’s Head of Derivatives appeared first on Cryptonews. …