Author: John Smith
Coinbase reported insider sales of more than $5 million worth of stock, with CFO Alesia Haas as the biggest seller. Coinbase insiders continue to offload stock on the market. On Tuesday, June 16, Coinbase filed a Form 144 with the Securities and Exchange Commission, reporting all insider sales. The company disclosed that insiders sold 26,243 shares of Coinbase stock since March 2025. The net proceeds from these sales totaled $5,673,636. The largest, and possibly only, seller was CFO Alesia Haas. Haas personally sold 21,020 shares in three transactions, one each month since March, netting $4.53 million. On the same dates,…
Shiba Inu price continued its strong downtrend this week, even as its token burn rate surged by over 800%. Shiba Inu (SHIB) token plunged to a low of $0.00001160, its lowest level since April 9. It has dropped by 35% from its recent peak on May 12. SHIB price dropped because of the ongoing crypto market crash that has pushed Bitcoin and most altcoins lower. The sell-off intensified as whales dumped their SHIB holdings. According to Nansen data, whale holdings have declined by over 80% in the last 12 months to 34 billion tokens. Similarly, smart money holdings have fallen…
With a push for stablecoin licenses worldwide, JD.com Chairman Liu Qiangdong wants fiat-pegged tokens to do what banks can’t: settle in seconds. His vision calls for 10-second settlements across continents, anchored in licensed stablecoins and JD’s own e-commerce empire. Technology-driven eCommerce company JD.com is reportedly seeking stablecoin licenses across major economies, with Chairman Liu Qiangdong revealing plans to revolutionize cross-border payments during a June 17 corporate sharing session. In a Monday briefing reported by Sina Technology, Qiangdong laid out an ambitious plan to leverage blockchain-based stablecoins to slash international transaction times from days to seconds, while reducing costs by 90%.…
PEPE has seen a sharp 13% correction on the daily timeframe, confirming a lower low and continuing its bearish trajectory. With structure still pointing downward, the next major test lies at the point of control, a key level that may either catch the fall or open the door to a deeper drop. After a series of lower highs and lower lows, PEPE (PEPE) has extended its downtrend with a sharp 13% daily move lower. The recent breakdown followed a failed attempt to reclaim the value area high, where a harsh rejection at the 0.618 Fibonacci level accelerated downside momentum. From…
U.S. stocks were down as Trump continues to insist that Iran cannot be allowed to have nuclear weapons. Major U.S. stock indices were down as hopes for a swift resolution to the Israel-Iran conflict continued to fade. On Tuesday, July 17, the Dow Jones fell 130 points, or 0.31%, with healthcare firms leading the declines. At the same time, the S&P 500 dropped 0.44%, while the tech-heavy Nasdaq declined by 0.50%. Dow Jones Industrial Average heatmap | TipRank The downturn came after U.S. President Donald Trump called for the evacuation of Tehran, Iran’s capital. The move rattled investors, signaling the…
Ondo Finance is bringing together key players in crypto to create a shared framework for tokenized securities, aiming to make real-world assets more accessible and interoperable across platforms. On June 17, Ondo Finance (ONDO) announced the formation of the Global Markets Alliance, a new coalition that includes the Solana (SOL) Foundation, Fireblocks, BitGo, Trust Wallet, Bitget Wallet, Jupiter (JUP), and others. According to the company’s official statement, the group will work on building technical and compliance standards for tokenized public securities like stocks and exchange-traded funds, with a focus on global accessibility, liquidity, and investor protections. The alliance forms ahead…
Liquidity staking protocol Meta Pool has suffered a contract exploit that led to unauthorized token minting and losses of over $133,000. Meta Pool was able to contain the incident before further damage was done, according to a June 17 blog post. According to the team, the attack was identified through “early detection systems” and support from blockchain security firm Blocksec, which helped them respond quickly and pause the mpETH contract to prevent “further unauthorized activity or additional losses.” The Meta Pool team attributed the incident to a vulnerability in the ERC4626 mint() function of its mpETH contract. In a separate…
Are Amazon, Walmart, and Ant Group building a new monetary layer beneath commerce — where stablecoins replace dollars, eliminate middlemen, and reshape consumer behavior inside their own financial empires? Retail giants warm up to stablecoins Three global players in commerce and payments, Amazon, Walmart, and Alibaba’s Ant Group, are reportedly exploring stablecoins, the digital assets typically pegged to fiat currencies such as the U.S. dollar. According to a June 2025 report from The Wall Street Journal, both Amazon and Walmart are holding internal discussions around launching their own stablecoins. Amazon’s interest in digital currency is not new. In 2021, the…
Gradient Network, a decentralized artificial intelligence infrastructure project on Solana, has raised $10 million in a seed funding round led by Pantera Capital and Multicoin Capital. The Gradient team, which is building a decentralized AI runtime on Solana, announced the seed round funding milestone on June 17, 2025. Capital injection from the crypto venture capital giants will go into accelerating Gradient Network’s plans to democratize the edge computing ecosystem. While AI increasingly permeates every facet of society, its adoption has global concerns related to privacy, equity, and centralization top of the agenda for ecosystem players and regulators. Multiple projects are…
Tron price remained consolidated on Tuesday as investors reflected on the new public listing news. Tron (TRX) was trading at $0.2790, a few points above this week’s low of $0.2670. It has risen by almost 40% from its lowest level this year. The biggest Tron news is that it will execute a reverse merger with SRM Entertainment, a company that sells branded toys. Dominari Securities, a company with ties to the Trump family, is arranging this merger. The merger will see SRM accumulate TRX tokens, mimicking the strategy of Strategy, which transformed from a small tech company into the largest…