Author: John Smith
Pepe price risks an 18% decline unless buyers hold key support, as whale accumulation rises but retail selling drives short-term weakness. Summary Pepe’s price dropped over 55% in three months, with continued selling dominating despite modest gains after Nov. 21. Whale accumulation has increased, but retail traders keep pressure on by moving coins to exchanges and selling. Technical indicators show hidden bearish divergence and warn of an 18% potential drop if support fails, with resistance yet to be broken. PEPE price remains at risk of an 18% decline unless buyers maintain a nearby support level, according to market analysis. The…
Monad’s first week on mainnet hasn’t been entirely smooth, with users now reporting spoofed ERC-20 token transfers after mainnet launch. Summary Monad users reported spoofed ERC-20 transfers shortly after MON debut. The fake transfers don’t move funds but are crafted to look legitimate, a common scam tactic on new EVM chains. No assets have been reported lost, and the network continues to see strong demand following MON airdrop. Reports regarding widespread spoofing incidents began circulating on Tuesday, Nov. 25, a day after the mainnet debut. Monad co-founder and chief technology officer James Hunsaker warned on X that scammers were broadcasting…
MegaETH has run into problems that forced the team to pull back from an expansion of its token sale. Summary A misconfigured multisig and overloaded KYC APIs were some of the issues that caused repeated failures during launch. Rate-limits on Sonar’s infrastructure contributed to the breakdown. No funds were at risk, but the user experience failed, prompting MegaETH to pause expansion. According to a Nov. 25 series of posts on X, MegaETH said it is no longer pursuing its plan to increase its pre-deposit cap from $250 million to $1 billion after a string of technical issues disrupted the event. …
In a year when cryptocurrency stocks have mostly moonwalked downward, executives at some of the sector’s top firms managed to secure fat compensation packages. Summary Crypto executives secured generous compensation despite falling stock prices. Some packages included protections against market declines. Activist shareholder Paul Glazer is opposing Pompliano’s M&A/pay package. According to SEC filings reviewed by Protos.com, several crypto pros enjoyed a bump in pay. David Bailey: The CEO of bitcoin treasury company Nakamoto and a noted President Trump ally pulled together a stacked package: signing bonus, consulting fees, stock options, restricted stock units, cash bonuses, and even private jet…
Swedish fintech giant Klarna is dipping its toes — or maybe its entire checkbook — into the crypto pool with the launch of a USD-pegged stablecoin. Summary Klarna’s new stablecoin has a mainnet rollout planned for 2026 and future expansion to merchants and consumers. The objective is to reduce costs and improve efficiency, leveraging Stripe’s Bridge infrastructure. Klarna is joining other major firms in the growing $304 billion stablecoin market. KlarnaUSD, built on Tempo, the layer-1 blockchain developed by Stripe and Paradigm. The token is live on Tempo’s testnet, with a full mainnet rollout planned for 2026. KlarnaUSD is being…
U.S. Treasury Secretary Scott Bessent stated that simplifying the Federal Reserve has emerged as a key criterion in selecting the next chair of the central bank, according to remarks made on CNBC Tuesday. Summary Treasury Secretary Bessent noted the central bank has become “a very complicated operation.” Fed Governors Waller and Bowman, former Governor Warsh, NEC Director Hassett, and BlackRock’s Rieder are among the final five nominees. Bessent intends to make a potential nomination before Dec. 25. Bessent said one of the criteria under consideration has been the interplay of the Fed’s various instruments, noting that the central bank “has…
Despite ongoing crypto market volatility, Metaplanet opted for a leveraged strategy for its latest Bitcoin acquisition. Summary Metaplanet is leveraging to acquire more Bitcoin, despite volatility The firm tapped an additional $130 million from its $500 million loan facility The Tokyo-listed firm recently announced a $135 million share offering Due to ongoing volatility in the crypto markets, markets expect digital treasury firms to slow down their acquisitions. However, Tokyo-listed Metaplanet is not one of them. On Tuesday, November 25, the firm announced that it drew a new $130 million loan from its Bitcoin-backed credit line. The latest loan brings Metaplanet’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Utility-driven tokens gain momentum as memecoins plunge, with Digitap’s soaring presale drawing investor attention. Summary Memecoins slump in the bear market while Digitap surges 160%, emerging as the top utility-driven presale pick. Digitap’s omnibank utility and token burns boost demand, positioning TAP as a standout amid falling altcoins. Digitap’s Black Friday sale and 40% discount accelerate sales past 132m tokens, fueling bullish investor momentum. The crypto bear market is fully underway, and memecoins are being hit the hardest. Having…
Pump.fun co-founder Sapijiju rejected allegations that the platform cashed out hundreds of millions of dollars in stablecoin, responding directly to claims made by on-chain analytics account Lookonchain. Summary Sapijiju called the allegation “complete misinformation” and stated that no funds had been cashed out. The movements flagged by Lookonchain were related to Pump.fun’s internal treasury management. Lookonchain had claimed that, over a recent period, Pump.fun deposited large sums into Kraken and that funds moved from Kraken to Circle via an identified wallet. Sapijiju called the allegation “complete misinformation” and stated that no funds had been cashed out, according to statements posted…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rising energy costs are reshaping Bitcoin mining, pushing the industry toward larger operators, new power strategies, and deeper market consolidation. Summary Mining costs have surged, making profitability increasingly difficult for smaller, grid-dependent miners. Large operators stay competitive by securing cheaper renewable energy, relocating to low-cost regions, or developing their own power sources. The future points to further consolidation, geographic shifts, and greater use of clean and innovative energy solutions. Bitcoin mining strategies have evolved rapidly over the past decades,…
