Moore, a man who once tackled a rugby ball with the ferocity of a man who had never heard of a spreadsheet, was convicted of wire fraud involving more than 40 investors across multiple US states. He convinced them to hand over over $900,000 under false pretenses, which is basically the financial equivalent of trading your firstborn for a promise of free pizza.
In a recent exchange on X—yes, the platform formerly known as Twitter, where hot takes and cold coffee collide—Glassnode laid out their findings from a tête-à-tête with those savvy folks at Coinbase. The star of the show? The “Net Unrealized Profit/Loss.” Sounds fancy, doesn’t it? It measures, plain and simple, whether the investors are swimming in the green or drowning in the red. 🤔
Karthik Sarma, the man who once danced enthusiastically with the neon gods of Nvidia, now appears to have swapped his gaming console for a couture handbag. Selling off all his Nvidia toys between the first quarter of 2024 and the first quarter of 2025, our hero has swooped into the realm of Tapestry—an empire built on the seductive allure of Coach, Kate Spade, and other luxury temptations. Yes, while others chase the fleeting shadows of semiconductors, Sarma invests his billions into the glimmering world of high-end fashion accessories, because apparently, there’s no such thing as too much silk and leather.
According to the mystic revelations of Onchain Lens, this Bitcoin OG recently moved $4.77 billion worth of Bitcoin to a single wallet. The massive whale had previously transferred 40,009 BTC ($4.69 billion) to Galaxy Digital, leaving some to ponder if this was the key reason behind Bitcoin’s rapid correction 📉. Was it a case of profit-taking, or just a whale’s whim? 🤔
Built upon Sei’s infrastructure—a veritable playground for digital asset exchanges—this endeavor marks yet another handshake between the grandees of Web2 and the upstarts of Web3. One can only imagine the champagne corks popping in boardrooms as these titans of industry bridge the chasm between their respective realms.
With a market cap of $205 billion, the Ripple-linked token is now bigger than alternative investment management company Blackstone, German multinational technology conglomerate Siemens, construction giant Caterpillar, and ride-hailing leader Uber.
Our pal Attila Olgun (great name for a chart crusader, by the way) points out that this resistance band between $747 and $793 has been tougher than stale bread since mid-2021. It’s like BNB keeps knocking on the door, but the bouncer won’t budge—until now, maybe. With the price recently tagging $747.22, buyers seem determined to turn this stubborn wall into rubble. Or, you know, just another failed attempt. Who knows? 😅
Once upon a time, stablecoins were just a quirky tool for crypto traders to top up their exchange accounts, like a secret handshake in a shadowy alley. Now, they’ve blossomed into the industry’s star attraction. Giants like JPMorgan, Citigroup, and Bank of America are elbowing each other for a slice of this pie, probably wondering why they didn’t jump on this bandwagon sooner. 😏
Commencing with somewhat disappointing updates: The anticipated enhancement in 3M’s business sectors hasn’t been as significant as initially projected at the beginning of the year. In April, the CEO, Bill Brown, encouraged investors towards the lower end of their initial full-year organic growth range of 2% to 3%. However, he later revised this estimate down to just 2%.
Yesterday, on a vote of 206-102, the Republican-led U.S. House passed the GENIUS Act, sending the country’s first crypto-specific regulations bill to the desk of the sitting President.
