WLFI Threatens Legal Action Against Justin Sun Amid Accusations of Deceptive DeFi Practices
The dispute between WLFI$0.07907 and Justin Sun intensified into a potential legal confrontation on Sunday, as tensions over a recent loan to an affiliated DeFi project erupted publicly. “Does anyone…
Bitcoin Faces Resistance – Technical Analysis Challenges $88,000 Bull Case
CoinDesk’s recent report suggested that, despite ongoing geopolitical tensions, analysts predict bitcoin could ascend to $88,000 and beyond due to several cryptocurrency-specific factors and bullish market flows. However, a mere…
Michael Saylor hints at more Bitcoin purchases; company needs only 2% growth to fund dividends
On Sunday, Michael Saylor, co-founder of Strategy, hinted at another impending Bitcoin purchase, accompanying his tweet with a ‘think bigger’ message and the firm’s BTC acquisition tracker, which has consistently…
Wall Street’s ‘Buy’ Rating on Strategy Amidst Massive Stock Issuance for Bitcoin Acquisition
Strategy has garnered one of the strongest endorsements from Wall Street analysts, receiving a consensus ‘Strong Buy’ rating with an average target price suggesting a 155% potential increase. This is…
CFTC Chairman Mike Selig Asserts Agency’s Exclusive Rights Over Prediction Markets
In an interview with CoinDesk, Commodity Futures Trading Commission (CFTC) Chair Mike Selig reiterated his agency’s stance of maintaining ‘exclusive regulatory authority’ over prediction markets. He emphasized that the CFTC…
Coinbase Custody Dominates Bitcoin ETF Market, Raising Concerns Over $74 Billion Exposure
The growing reliance of Wall Street on Coinbase for Bitcoin ETF custody raises questions about the concentration risk in this sector. After two years promoting a regulated version of Bitcoin…
DeFi’s Current Phase: A Stress Test Rather Than a Downfall
The announcement by ZeroLend in February, after three years of operation, that it would shut down due to thin margins and security vulnerabilities, is emblematic of the challenges facing the…
Run Claude Opus AI Locally with Qwopus: A Developer’s Dream Solution
Claude Opus 4.6 is an advanced AI that mimics human-like comprehension, planning, reasoning, and code execution. However, it remains locked behind Anthropic’s API, requiring payment per token used. Unfazed by…
SEC Revisits Crypto Enforcement, Acknowledges Overreach
In a shift of strategy, the SEC’s 2025 review acknowledged that its previous aggressive stance on cryptocurrency enforcement was excessive. This week marked the publication of an introspective report indicating…
Bitcoin Potentially Establishing Support at $65,000 Amid Market Adjustments
Jurrien Timmer of Fidelity Investments describes the current market climate as ‘another wild ride,’ with each week presenting increasingly bizarre headlines. Despite the volatility, he maintains a cautiously optimistic outlook…