Crypto
AI Summary
- The White House has confirmed former President Trump will address a memecoin gala, signaling increased attention from political figures towards the cryptocurrency sector.
- US law enforcement, through the DOJ strike force, has restrained approximately $701 million in cryptocurrency as part of an ongoing effort to combat scam networks.
- Morgan Stanley has entered the stablecoin arena by launching an offering through its money market fund, indicating growing institutional adoption and integration of stablecoins.
- Critical trends are emerging in the Bitcoin market, with analysts suggesting a daily close above $80,000 is necessary for sustained bullish momentum, while altcoins show potential upside if Bitcoin reaches $86,000.
- Tether has frozen $344 million in USDt stablecoins at the request of US law enforcement, highlighting the ongoing efforts to police illicit activities within the crypto space.
Sources
Cointelegraph
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White House confirms Trump to address memecoin gala on Saturday
an hour ago
by Cointelegraph by Jesse Coghlan
Latest NewsUS President Donald Trump will appear at an event for holders of the TRUMP memecoin after the White House previously said it wasn’t locked into his schedule.
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US DOJ strike force 'restrains' $701M in crypto in ongoing scam crackdown
2 hours ago
by Cointelegraph by Stephen Katte
Latest NewsBesides freezing crypto, the strike force also seized a Telegram channel used to recruit unsuspecting job seekers and took down 503 fake crypto investment websites.
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Morgan Stanley launches stablecoin offering through money market fund
2 hours ago
by Cointelegraph by Brayden Lindrea
Latest NewsStablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering.
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US vows to fight ‘industrial scale’ AI theft by Chinese firms
3 hours ago
by Cointelegraph by Brian Quarmby
Latest NewsThe White House’s office of technology policy said that foreign entities are using proxy accounts and jailbreaking techniques to distill capabilities from American AI models.
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Jane Street asks US court to toss Terraform’s insider trading suit
3 hours ago
by Cointelegraph by Jesse Coghlan
Latest NewsJane Street has filed to dismiss Terraform’s insider trading suit, arguing the reasons for Terra’s collapse have already been litigated.
CoinDesk
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Bitcoin-holder Metaplanet raises $50 million to buy more BTC
43 minutes ago
by Omkar Godbole
Markets, Bitcoin News, NewsMetaplanet has issued 8 billion yen, or about $50 million, in zero-interest bonds to fund additional bitcoin purchases.
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Morgan Stanley is positioning itself as the reserve manager for the stablecoin industry
2 hours ago
by Omkar Godbole
Markets, Stablecoins, NewsThe Wall Street giant has announced a fund build specifically for stablecoin issuers. Here is what it does and means for the market.
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Bitcoin ETFs just pulled $2 billion in 8 days while short-term holders quietly started selling
3 hours ago
by Shaurya Malwa
Markets, Bitcoin News, ETFs, NewsSpot bitcoin ETFs logged their first 8-day inflow streak since October, but on-chain profit-taking is already running at 3x the rate that has marked every local top this year.
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Bitcoin rally is stalling as Japanese inflation adds to Iran war–driven market jitters
4 hours ago
by Omkar Godbole
Markets, Bitcoin News, NewsCrypto markets weaken amid rising Japan inflation, Iran war oil disruptions, and expectations of a hawkish Bank of Japan.
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Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com
4 hours ago
by Sam Reynolds
Policy, Prediction Markets, Kalshi, Polymarket, NewsThe state's complaint highlights language used by prediction market platforms as language for gambling, not investing.
Decrypt
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US Soldier Charged for Alleged $400K Polymarket Insider Trading on Maduro Removal
10 hours ago
by Decrypt Agent
Law and OrderFederal prosecutors say an Army soldier made over $400K betting on Venezuela-related outcomes on Polymarket using classified intelligence.
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Anthropic Beats OpenAI on Secondary Markets With $1 Trillion Implied Valuation
11 hours ago
by Jose Antonio Lanz
Artificial IntelligenceOn Forge Global, Anthropic shares are hovering around $1 trillion while OpenAI trades at $880 billion — a reversal nobody saw coming three months ago.
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Google Maps Lets Filmmakers Scout Movie Scenes Using AI and Street View Data
12 hours ago
by Jason Nelson
Artificial IntelligenceGoogle unveiled a new AI tool in Maps that lets filmmakers preview scenes in real-world locations ahead (or instead) of scouting trips.
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Meta Will Lay Off 8,000 Employees as AI Focus Intensifies
12 hours ago
by Decrypt Agent
Artificial IntelligenceSocial media giant Meta is redirecting resources toward AI as CEO Mark Zuckerberg predicts the tech will continue to revolutionize work.
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Microsoft-Backed Space and Time Launches AI App Builder on Base
13 hours ago
by Jason Nelson
Artificial IntelligenceThe no-code platform aims to make building and deploying on-chain apps as simple as writing a prompt.
AMBCrypto
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Bitcoin’s rally stalls as market stops paying premium for long exposure – Details
an hour ago
by Akashnath S
Bitcoin, BTC Trading View, News, Social, Trading View, ambcryptoRapid deterioration on the 7DMA basis highlighted that the market was unwilling to pay a premium to stay long anymore.
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STABLE’s 11% price surge – How high can adoption trends, market demand take it?
2 hours ago
by Kelvin Murithi
Altcoin, News, Social, Trading ViewSTABLE's price action is in an interesting position right now.
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PEPE price prediction – Here’s why a ‘disbelief rally’ could be on the cards next
3 hours ago
by Akashnath S
Analysis, Memecoins, News, Pepe, Social, Trading ViewPessimism is everywhere in the PEPE market right now.
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‘Most obvious Ponzi that has ever existed’ – Peter Schiff slams Strategy’s STRC
4 hours ago
by Ishika Kumari
Bitcoin, BTC Trading View, News, Social, Trading View, ambcryptoAll about Schiff's criticism of Bitcoin, Saylor's Strategy, and its preferred stock.
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Ethereum: Can Bitmine’s $233 mln buy help ETH flip $2.5K?
5 hours ago
by Gladys Makena
Altcoin, Ethereum, News, News 1, Social, Trading ViewBitmine continued to accumulate Ethereum, purchasing 100,000 ETH worth $233.7 million.