Certain candidates among the altcoins have outshone the vaunted Bitcoin, that hoary old titan, just as it parades its new record high. Perhaps the crowd is finally getting bored with the usual spectacle?
A cascade of structural failures in Linqto’s investment model now threatens to leave thousands of users with little recourse as bankruptcy proceedings unfold, putting them at the back of the payout line. Distressed asset expert Thomas Braziel shared on social media platform X on July 12 that Linqto’s Chapter 11 filing contains alarming details about how customer investments were handled. Braziel underscored the urgency of the situation, explaining “why customers should be VERY concerned.”
The Proof of Stake blockchain has been in a consolidation phase since March, after a sizable rally in January.
Meet Pump.fun—a place where you too can become a memecoin millionaire (or at least *try* to pretend you are). In a jaw-dropping spectacle, this Solana-based platform raised $600 million in just 12 minutes during a token sale. Yes, you read that right. 12 MINUTES! Let that sink in while you sip your lukewarm coffee. According to Bloomberg, they’ve hit a total of $1.32 billion, which is a number that makes my head spin faster than my latest Tinder date’s excuses. 🥴
As per BeInCrypto’s analysis, we present to you three coins that are worth a gander amidst the PUMP token launch: Goatseus Maximus (GOAT), Peanut the Squirrel (PNUT), and Pythia (PYTHIA).
The Justice Department, in a narrative that could rival the most dramatic of novels, recounts how in the months of July and August 2024, Damani Brown, a man once trusted with the keys to financial security, allegedly used his credentials to access the accounts of 12 customers and siphoned off a staggering $477,000. 🤑
Kiyosaki warns of the treacherous waters of FOMO (fear-of-missing-out), a contagious disease that can lead to financial ruin. He cautions that those who succumb to its allure will suffer losses, creating opportunities for the disciplined and patient investors to reap the rewards. His bold move is a testament to his long-term conviction that Bitcoin may reach the dizzying heights of $1 million. 💸
As of Saturday, July 12, 2025, the stablecoin market stands tall, with Tether’s USDT leading the charge with a commanding 62.13% share. Over the past week, USDT has seen a modest 0.42% increase, adding $671.3 million to its already impressive market cap of $160.15 billion. Circle’s USDC, however, has shown the most impressive growth, with a 2.12% increase, adding a whopping $1.31 billion to its supply.
Amidst the excitement, political developments in the US have added a rather intriguing layer of speculation. Rumors are swirling that Jerome Powell, Chairman of the Federal Reserve, is considering stepping down. The news comes just as US President Donald Trump continues to pressure the Fed for interest rate cuts—an economic strategy Powell has yet to pursue. As markets digest the possibility of new leadership at the central bank, the potential shift in monetary policy could significantly impact risk assets, including cryptocurrencies.
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