Crypto trader CryptoCred warns altseason is over, citing poor coin quality, high correlation, and fading speculative upside this cycle. A well-known crypto trader is sounding the alarm. CryptoCred, a widely followed analyst on X, published a blunt assessment of the current cryptocurrency market.  The post has since drawn significant attention....

Elon Musk says some crypto assets have value, while most scams remain, during OpenAI lawsuit hearing this week. Elon Musk again shared mixed crypto views publicly. He said some crypto assets have merit. However, he said that the majority of them are scams. Therefore, his recent remarks attracted a large...

Tether supports mergers to combine mining, payments, and treasury into a single public Bitcoin-focused company. Tether Investments has outlined a major plan that could reshape how Bitcoin-focused companies operate in public markets. The proposal centers on a multi-stage merger involving Twenty One Capital, Strike, and Elektron Energy. If completed, the...

WLFI drops over 80% from ATH amid fraud allegations and a massive 62B token unlock proposal. Here’s what’s happening. World Liberty Financial’s WLFI token has hit a new all-time low. The token now trades roughly 80% below its September 2025 peak of $0.3313.  According to CoinGecko data, WLFI was changing...

Metaplanet is Asia’s largest Bitcoin treasury company and the world’s third-largest corporate Bitcoin holder. The company kept buying Bitcoin aggressively during the downturn, including a large purchase in Q1 2026. Metaplanet is facing about $490 million in unrealized losses and a sharp drop from its stock peak. Metaplanet is now...

Bitcoin sits 39% below its ATH with spot buyers active and perp shorts piling up. Analysts say conditions differ from past cycle lows. Bitcoin continues to trade well below its all-time high. The current pullback stands near 39%, roughly 205 days after the peak. Analysts at CryptoQuant flagged this in...

Meta rolls out USDC stablecoin payouts for creators on Solana and Polygon networks, launching first in Colombia and the Philippines. Meta has stepped back into the stablecoin space. The tech giant now offers select creators the option to receive payouts in USDC, a dollar-pegged stablecoin.  According to an update on...

MoonPay and Woori Bank signed an MOU to develop KRW stablecoin infrastructure for issuance, distribution, remittances, and payments. Shinhan Card finished stablecoin payment tests, proving blockchain integration works with card systems. Both moves signal South Korea’s rapid buildup of stablecoin payments ahead of full regulation. The South Korean financial sector...

Wasabi Protocol lost $5.5M after an admin key was compromised. Here’s how one wallet drained millions across four chains in minutes. Wasabi Protocol suffered a major security breach on April 30, 2025.  An attacker compromised a privileged deployer wallet, draining over $5.5 million across four blockchain networks. The affected chains...

FBI and Dubai Police arrested 276 in a massive crypto pig-butchering bust. Here is what the DOJ says happened and who got charged. Law enforcement across three countries has taken down a major crypto fraud network.  The FBI, Dubai Police, and Thailand’s Royal Thai Police arrested at least 276 individuals...