Author: James Wilson

Ethereum rockets above $2,600 in a recent bullish run as it awakens from a previous slump. The token has seen an increase of trading volume following drop in U.S. payroll numbers. Recent data from crypto.news shows that ETH (ETH) is on a bullish run, rising as much as 6% from its previous price point. At around 9:45 UTC, the second largest cryptocurrency by market cap reached a peak of $2,608.70 as other cryptocurrencies like XRP and SOL follow its lead. At press time, ETH has gone up by 5.54% in the past 24 hours. The token is currently trading hands…

The U.S. Department of Justice has credited stablecoin issuer Tether for helping recover $40,300 in stolen crypto tied to a scam that impersonated the Trump-Vance Inaugural Committee. According to the July 2 release, the scam occurred in December 2024, when impersonators tricked a political donor into sending $250,300 in USDT (USDT) on Ethereum by posing as the co-chair of the Trump-Vance committee. The scammers used a lookalike email address to make the fraudulent request, swapping an “I” for a lowercase “L” in the email address to deceive the victim into thinking the request was legitimate. Thinking it was real, the…

Ethereum quietly posted a historic month in June, even as its price action remained muted. According to a July 3 analysis by CryptoQuant contributor Carmelo Alemán, Ethereum (ETH) saw a historic wave of accumulation and staking activity last month, pointing to strong conviction from long-term holders and institutional players. Ethereum’s accumulation addresses, wallets with minimal outflows and no links to centralized exchanges, held a combined 22.75 million ETH at the end of June. That’s up from 16.73 million ETH on June 1, a 35.97% increase and the largest monthly gain ever recorded for this wallet category. These addresses accumulated more…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto airdrops began life as a highly successful marketing tool that would drive liquidity and new users to a protocol. Their execution was easy: show up, click some buttons, and boom! Users were rewarded with free tokens. In early 2021, this was enough to create significant buzz around certain projects, and some still carry the prestige of having pulled off a “legendary” drop. Indeed, according to CoinGecko, crypto projects awarded over $26.6 billion to users via airdrops…

Infinity Ground, an AI-powered Web3 development platform that allows users to create Web3 apps by chatting in natural language, is set to debut on Binance Alpha on July 5. Infinity Ground (AIN) is set to debut on Binance Alpha on July 5, with eligible participants able to claim their AIN airdrop using Alpha Points once trading opens. Full details will be announced on Binance’s official channels. In parallel, Infinity Ground has launched its first community airdrop, distributing 10 million AIN tokens (1% of the total supply) to reward early adopters who fall into one of the eight contribution criteria detailed…

Moo Deng and Bonk are expected to be in the spotlight this week as Bitcoin bulls attempt to push the bellwether asset toward a new all-time high. The total cryptocurrency market capitalization rebounded 3.5% over the past 24 hours to reach $3.48 trillion, following two consecutive days of losses. This recovery was catalyzed by Bitcoin’s successful defense of the $105,000 support level on July 2, which triggered a bullish reversal.  The benchmark asset climbed to an intraday high of $109,600, reflecting a nearly 4% gain from its recent local bottom, before stabilizing at around $108,900. At that level, Bitcoin (BTC)…

Former BitMEX CEO Arthur Hayes warned that the U.S. Treasury’s growing reliance on debt markets may soon hit structural limits, with stablecoins emerging as a critical new liquidity channel.  In a July 3 Substack post, Hayes said the U.S. Treasury will need new ways to sell trillions of dollars in bonds without causing interest rates to spike. He thinks stablecoins and Bitcoin (BTC) could play a major role in this effort. According to Hayes, Treasury Secretary Scott Bessent faces the problem of finding buyers for U.S. debt while keeping markets calm. Bessent has a near-impossible task of selling over $5…

Australian billionaire Tim Heath escaped a planned abduction in Estonia after a group of attackers attempted to extort his digital assets in a coordinated operation. According to local media, Heath had to physically fight off his attackers during the ambush, biting through one assailant’s finger to break free and retreat to safety. Heath, a long-time crypto investor originally from Victoria, founded the Estonia-based Yolo Group, which operates globally across the fintech, blockchain, and online gambling sectors. He has lived in Tallinn for nearly two decades and is estimated to have a net worth exceeding 2.2 billion Australian dollars. The attempted…

Deflationary money would allow every individual to save and gain wealth. The Current System… Is a system that is theft incarnate — designed to keep individuals from gaining purchasing power via saving. When saving money is something we’ve been taught since childhood to be a wise decision and one that many of us keep on teaching the youngest of us. Yet, by not understanding how each step in the system works and pushing an incorrect narrative we doom those that are meant to be our future. As a leader, I know first-hand that — in order for me to help in any way — all that I can…

After a rough financial shakedown due to COVID-19, Cryptocurrency markets are making a slow and steady recovery. Bitcoin consolidated back over the $7000 level during Thursday’s busy trading day. According to the Bitcoin Block Reward Halving Countdown, The bitcoin halving is expected to be completed around May 12, 2019. The event is speculated to already be priced in; however, basing the future on the past performance of cryptocurrency markets never paints a clear picture. So, what does the Bitcoin Halving mean in 2020? What is a block halving event?As part of Bitcoin’s coin issuance setup, miners are rewarded a certain amount of…