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Financial News

Binance and Biget to probe RAVE’s 4,500% token surge as claims of insider-orchestrated rally grow

Binance and Biget to probe RAVE’s 4,500% token surge as claims of insider-orchestrated rally grow

2 months ago by Crypto InsightsCrypto

Binance and Bitget, two major cryptocurrency exchanges, have opened investigations into trading activity surrounding RaveDAO’s RAVE token, after onchain sleuth ZachXBT alleged insiders engineered a large short squeeze that drove the token’s rapid rise. Crypto exchange Bitget’s CEO Gracy Chen said the exchange had “started… Read More

XRP to $10? Rally hopes build as token jumps 8% weekly, outpacing majors

XRP to $10? Rally hopes build as token jumps 8% weekly, outpacing majors

2 months ago by Crypto InsightsCrypto

XRP is starting to outperform in a way that gets attention. The token is up about 8% on the week and around 3% on the day, pushing ahead of bitcoin and ether, but the move still looks controlled rather than explosive. That keeps the focus… Read More

Michael Saylor’s Strategy (MSTR) moves to pay STRC dividends twice per month

Michael Saylor’s Strategy (MSTR) moves to pay STRC dividends twice per month

2 months ago by Crypto InsightsCrypto

Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock. The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman… Read More

MSTR back in profit as BTC hits two and a half month high above $76,300

MSTR back in profit as BTC hits two and a half month high above $76,300

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$76 833,75 has decisively broken above $76,300 for the first time since its sharp selloff on Feb. 5, when it dropped to a low near $60,000. BTC has rallied more than 25% and now trades above its 100-day moving average (100DMA) of $74,774 since bottoming… Read More

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

2 months ago by Crypto InsightsCrypto

The U.S. government is active on the blockchain again, moving approximately $606,000 worth of bitcoin BTC$74,813.14 to Coinbase Prime. These are not just any coins. On-chain data suggests the transferred 8 BTC are linked to Ilya Lichtenstein, the man behind the decade-old hack of the… Read More

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

2 months ago by Crypto InsightsCrypto

The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a… Read More

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