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Author: John Smith
Teresa Goody Guillén, Changpeng Zhao’s personal attorney, denied pay-to-play allegations surrounding the Binance founder’s presidential pardon. Summary CZ’s attorney says pay-to-play allegations are baseless and fueled by unverified reports. Guillén stresses CZ faced regulatory charges only, with no fraud, victims, or laundering. Attorney rejects claims linking CZ’s pardon to Trump-related crypto ventures. In a podcast interview with Anthony Pompliano, Guillén addressed critiques linking the pardon to Binance’s dealings with World Liberty Financial and other Trump-connected entities. Guillén explained that Zhao, aka CZ, was charged with Binance’s failure to implement anti-money laundering compliance programs, not money laundering itself. “This is a…
Iran is pushing forward with plans to adopt cryptocurrencies for international trade settlements as a way to circumvent U.S. and U.N. sanctions. Summary Iran advances crypto-based trade plans after sanctions return, calling it essential. Officials frame digital currencies as a required workaround to restricted payment rails. Industry leaders warn Iran’s unclear crypto rules threaten adoption and infrastructure. The strategy was shared at the deBlock Summit, Iran’s first government-backed international blockchain conference, where officials called digital currencies a necessity for the sanctions-hit economy. The move comes after France, the U.K., and Germany triggered a ‘snapback mechanism’ in August 2025 that restored…
BitMEX co-founder Arthur Hayes transferred $2.5 million worth of Ethereum and ecosystem tokens to institutional market makers including Flowdesk, FalconX, and Wintermute. Blockchain analyst EmberCN reported the moves and questioned whether Hayes is selling assets to add to his Zcash position. Hayes has been vocal about his ZEC (ZEC) holdings during the recent privacy coin rally. On November 15, he posted, “This chart is just so strong I aped more. $ZEC” on X and suggested that he increased his position after the token’s 700% surge since October. X post by analyst EmberCN Arthur Hayes transfers ETH and ecosystem tokens worth…
The AVAX price has crashed to a crucial support level after falling by 72% from its highest point in November as traders wait for the upcoming Avalanche Granite upgrade. Summary Avalanche price has tumbled to a crucial support level this month. The network will activate the Granite upgrade this week. Technical analysis suggests that it has more downside if it loses this support. Avalanche to activate Granite upgrade Avalanche (AVAX) token was trading at $15.67, a key support it has failed to move below several times since March this year. Its plunge from its highest point in November has brought…
The crypto market continued its crash last week, with the total valuation of all tokens plunging to $3.24 trillion from over $4.27 trillion a few weeks ago. Summary The crypto market crash has accelerated in the past few months. Bitcoin and most altcoins have all moved to a bear market this year. A recovery will depend on the upcoming Nvidia earnings and the FOMC minutes. Ethereum (ETH) and Bitcoin (BTC) prices have dropped in the last three consecutive weeks, and are now in their lowest level in months. The crypto market cap has also plunged in the last three straight…
Bitcoin price is hovering around $97,000 as heavy exchange-traded fund outflows deepen market pressure. Summary Bitcoin faces sharp outflows and rising U.S.-driven sell pressure. ETF redemptions accelerate as institutions de-risk into year-end. Technical signals lean bearish with key support now under stress. Bitcoin is trading at $97,527 at press time, down 5.5% in the past 24 hours. The market has now declined 4.3% in the past week, shed 13% in the past month, and retreated 22% from its October peak at $126,080. Trading volume jumped 50% in the last 24 hours, showing a rise in market activity during the pullback.…
In this week’s edition of the weekly recap, Strategy’s Michael Saylor rejected speculation about Bitcoin sales while affirming continued accumulation despite price declines. In other developments, the Justice Department secured multiple convictions for assisting North Korean cryptocurrency operations, and Ethereum… Source link
Were the 127,000 Bitcoin seized by U.S. agents actually criminal proceeds, or did they originate from the LuBian mining pool? Summary Chinese mining pool LuBian started operations in the spring of 2020 and soon became the sixth-largest mining pool in the world. In February 2021, it ceased operation. Only in 2025, Arkham Intelligence found out that in December 2020, 127,272 BTC was stolen from the mining pool. This amount stood for 90% of all LuBian’s bitcoins. Later, the Department of Justice claimed these bitcoins were forfeited from the Cambodia-based forced-labor operation Price Group. In January 2025, Donald Trump vowed that…
Pi Network price remained in a tight range this week as the crypto market accelerated. Summary Pi Network’s price was largely flat this week as the crypto market crashed. The biggest Pi whale bought over 5 million tokens this week. The daily timeframe chart points to a strong bullish breakout to $0.50. Pi Coin (PI) token was trading at $0.2175 on Saturday, Nov. 15, a few points below its highest level this week. It remains much higher than last month’s low of $0.1510. Top Pi Coin whale is accumulating the token Pi Network price did better than most altcoins this…
Shiba Inu price remained under pressure as the crypto market pulled back despite having some important fundamentals, such as the rising burn rate and falling exchange balances. Summary Shiba Inu price is hovering above a key support level on the daily chart. The token’s burn rate has jumped by almost 2,000% in the last 24 hours. The supply of SHIB tokens on exchanges has been in a freefall in the past few weeks. Shiba Inu (SHIB), the biggest meme coin on Ethereum (ETH), was trading at $0.0000090, a few points above the crucial support at $0.00000853. It remains 65% below…
