John Bollinger, inventor of the Bollinger Bands and founder of Bollinger Capital Management, one of the better-regarded trading indicators, believes the bear market affecting the crypto industry is finally subsiding, stating that his trend model had turned positive for bitcoin. Bollinger Bands Inventor Signals Start of New Bull Market While the crypto industry has faced […]
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Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion
Core Scientific (NASDAQ: CORZ) is expanding its Oklahoma footprint through a $421 million acquisition of a neighboring bitcoin mining operation, as the company races to assemble gigawatt-scale power capacity for AI and high-performance computing customers. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The […]
Read MoreQuantmap Co-Founder Warns Single-Platform Influencers Could Be Hiding Botted Fans
To combat fraud by so-called influencers, Quantmap co-founder Ivan Patriki encourages investors to vet influencers by looking for authentic, cross-platform engagement. The Collapse of Influence A study conducted in late 2024 pulled back the curtain on the “shill culture” permeating the Web3 ecosystem after revealing that a staggering 76% of X-based influencers leveraged their platforms […]
Read MoreHut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion
Hut 8 (NASDAQ: HUT) shares jumped 30% in pre-market trading on Wednesday after the company announced a new 15-year AI infrastructure lease that expands its push into hyperscale data center development. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]
Read MoreToncoin Jumps 32% in 24 Hours as Pavel Durov Pushes Telegram Deeper Into TON
Toncoin jumped 32% to $2.89, marking a 110% increase since Telegram founder Pavel Durov announced a major strategic shift and a sixfold fee reduction. The ‘Regime Change’: Bringing TON Back in-House The native token of The Open Network, Toncoin (TON), rose to $2.89, surging by nearly 32% in 24 hours. The jump continued an ascent […]
Read MorePolymarket Odds Hit 20% for the US Government to Confirm Alien Life in 2026
The possibility of alien disclosure has risen, with Polymarket traders estimating a 20% chance for alien life to be confirmed by the U.S. government this year. Recently, reports of meetings between church pastors and intelligence officers have surged, allegedly to prepare for an upcoming reveal event. Alien Disclosure Odds Rise Among Reports Of Intelligence Meetings […]
Read MoreOndo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank
Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public blockchain and traditional banking. Integration of Public and Private Infrastructure Ondo Finance, a leader in the tokenized asset space, announced May 6 the successful completion of the first […]
Read MoreKenyan Court Detains Man 7 Days Over $440,000 Crypto App Fraud Probe
A Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention of the alleged operator of a fraudulent cryptocurrency-themed investment platform, as detectives investigate a multilayered scheme that collected about $440,000 from unsuspecting investors. The order […]
Read MoreKraken Launches US Spot Margin Trading With up to 10x Leverage
Kraken has launched regulated crypto spot margin trading for eligible U.S. users on Kraken Pro, offering up to 10x leverage without accredited investor status. The service runs through Kraken Derivatives US and includes collateral controls, liquidation levels, and risk disclosures. Kraken Expands Regulated Trading Access Crypto exchange Kraken has expanded its U.S. trading offering by […]
Read MorePrediction Market Fight Deepens as 40 States Push Back on CFTC
A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The attorneys general said these products closely resemble traditional sportsbook wagers on winners, spreads, totals, and player statistics. States Say Sports Markets Belong Under Gambling Oversight […]
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