In a striking move, a prominent Bitcoin whale has engaged in a $368 million short position, betting on a potential downturn in Bitcoin’s price as critical economic data looms. This
As the U.S. gears up to launch a Strategic Bitcoin Reserve (SBR), spurred by President Trump’s Executive Order, North Korea has slyly vaulted into the top three global holders of bitcoin. This shift comes amid suspicions that a hacking syndicate—suspected to be orchestrated by the North Korean government—has been funneling illicit gains into BTC, turning
A data scientist who graduated from the University of Pennsylvania’s prestigious Wharton School allegedly played a key role in tricking America’s biggest bank into investing massive amounts of money in a company that turned out to be a fraud. In 2016, 24-year-old Charlie Javice founded a financial aid assistance company called “Frank” and ultimately convinced JPMorgan Chase to buy it for $175 million in 2021. JPMorgan also appointed her as a managing director of the bank after the deal – but Javice only lasted about a year at her new job before accusations of fraud got her fired. In 2022, JPMorgan accused Javice of lying about how many users were on her app, and alleged that she had paid a friend $18,000 – double his hourly rate – to fabricate data in order to convince the bank to make its big investment, according to a Bloomberg report . That friend, data scientist and Queens College professor Adam Kapelner, testified at Javice’s fraud trial in Manhattan federal court this week. The two had met while both were studying at the University of Pennsylvania’s Wharton School. Kapelner told the court that Javice sent him a computer file showing Frank had less than 300,000 real users; he subsequently spent about 22 hours on the project adding 4,265,085 lines of code representing fake users. Kapelner said he never knew what the data was being used for. Said Kapelner, “I asked the purpose of the project, and she said she couldn’t talk about it.” Once she was working at JPMorgan, Javice then hired Kapelner to integrate customer data she’d procured from another marketing company into Frank’s database. According to prosecutors, this move was to cover up her tracks with new data. Javice – now 32 – is being charged securities fraud, wire fraud, bank fraud, and conspiracy, and faces a maximum sentence of 20 years in prison. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Chase Tricked Into Signing $175,000,000 Deal to Acquire Sham Company in Alleged Bank Fraud Conspiracy: Report appeared first on The Daily Hodl .
Bitcoin’s trajectory reveals promising possibilities as experts forecast a significant price rebound in the coming months amid historical seasonal trends. The crypto market is buzzing with optimism, as analysts predict
Bitcoin ( BTC ) can hit new all-time highs by June this year if historical patterns repeat, network economist Timothy Peterson said. Data uploaded to X on March 15 gives BTC/USD around two-and-a-half months to beat its $109,000 record. April could spark 50% BTC price upside Bitcoin has declined 30% after topping out in mid-January. The extent of the drop is characteristic of bull market corrections, and Peterson keenly senses the potential for a comeback. “Bitcoin is trading near the low end of its historical seasonal range,” he determined alongside a chart comparing BTC price cycles. “Nearly all of Bitcoin's annual performance occurs in 2 months: April and October. It is entirely possible Bitcoin could reach a new all-time high before June.” Bitcoin seasonal comparison. Source: Timothy Peterson/X Peterson has created various Bitcoin price metrics over the years. One of them, Lowest Price Forward, has successfully defined levels below which BTC/USD never falls after a crossing above them at a certain point. After its recovery from multi-year lows in March 2020, Lowest Price Forward predicted that BTC price would never trade under $10,000 again from September onward. Meanwhile, a new likely floor level has appeared this year: $69,000, as Cointelegraph reported , which has a “95% chance” of holding. Continuing, Peterson stipulated a median target of $126,000 with a deadline of June 1. Alongside a chart showing the performance of $100 in BTC, he also revealed that limp bull market performance has always been temporary. “Bitcoin average time below trend = 4 months,” he explained . “The red dotted trend line = $126,000 on June 1.” Bitcoin growth of $100 comparison. Source: Timothy Peterson/X A standard Bitcoin bull market comedown Other popular market commentators continue to emphasize that Bitcoin’s recent trip to $76,000 is standard corrective behavior. Related: Watch these Bitcoin price levels as BTC retests key $84K resistance “You don’t have to look at the previous BTC bull runs to understand that corrections are a part of the cycle,” popular trader and analyst Rekt Capital wrote in part of X analysis of the phenomenon at the start of March. Rekt Capital counted five of what he called “major pullbacks” in the current cycle alone, going back to the start of 2023. BTC/USD 1-week chart. Source: Rekt Capital/X Analysts at crypto exchange Bitfinex told Cointelegraph this weekend that the current lows mark a “shakeout,” rather than the end of the current cycle. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Samson Mow says $1 million Bitcoin is coming, and here's when
Hayden Davis, the alleged mastermind behind the controversial LIBRA and MELANIA token launches, has created a new cryptocurrency called WOLF. The new launch is despite being the subject of an Interpol notice, according to blockchain analytics firm Bubblemaps. In a detailed investigation conducted in collaboration with YouTube investigator Coffeezilla, Bubblemaps traced fund transfers revealing Davis as the creator of WOLF. This is a token that appeared to be associated with Jordan Belfort, a former stockbroker who inspired the Martin Scorsese film “The Wolf of Wall Street.” “In collaboration with Coffeezilla, we exposed Hayden Davis as the mind behind LIBRA, MELANIA, and other tokens. We thought his days of launching tokens were over. But we were wrong,” Bubblemaps stated in their report. Coffeezilla, whose real name is Stephen Findeisen, is a YouTuber known for his exposé videos on the crypto industry. You might also like: Telegram founder Pavel Durov temporarily leaves France amid legal troubles, Toncoin surges Bubblemaps identifies Davis through on-chain analysis WOLF gained popularity after being promoted by a WallStreetBets social media account on March 8. The token quickly reached a $40 million market capitalization before experiencing a price collapse in what appears to be another “rug pull” scheme. Blockchain analysis showed 82% of the token’s supply was controlled in a single bundle, a characteristic pattern in fraudulent token launches. Bubblemaps found out that Davis was behind it through on-chain analysis, tracing several transactions. “Starting with the $WOLF creator 6MsuHd, we followed funding transfers back across 17 addresses and 5 cross-chain transfers. All led to a single address: OxcEAe. The same one owned by Hayden Davis,” the report detailed. The investigation revealed that Davis had prepared for the launch months in advance. “He funded these wallets months before $LIBRA and $WOLF launched, moving money through 17 addresses and 2 chains,” Bubblemaps explained. Davis’s activities have been under international legal scrutiny following his involvement with the LIBRA meme coin. After Milei’s endorsement, LIBRA’s market capitalization briefly surged to over $4.5 billion before collapsing by more than 99% to approximately $18 million. Blockchain analysts subsequently revealed that certain insiders, including Davis, had sold large amounts of the token shortly after Milei’s endorsement. Argentine prosecutor Gregorio Dalbón has requested a judge issue an Interpol “Red Notice” for Davis. The prosecutor cited concerns that his financial resources might allow him to evade justice. The Red Notice would effectively make Davis wanted internationally. For Coffeezilla’s hour-long interview with Davis, see below. Read more: Crypto VC funding: Binance secures $2b, World Liberty Financial scores $250m
As XRP targets a $150 billion market cap, XYZVerse emerges with 500x potential, positioning itself as the next big memecoin contender. Table of Contents XYZVerse: The memecoin transformation XRP price Conclusion A fresh contender is making headlines with a 500x potential. As XRP sets its sights on a market cap of $150 billion, XYZVerse (XYZ) emerges as a possible game-changer. These developments are stirring interest in the digital currency landscape, hinting at significant shifts on the horizon. XYZVerse: The memecoin transformation Welcome to XYZVerse, where sports meet memes in the ultimate crypto showdown. XYZ isn’t just another token — it’s a VIP pass to a high-energy ecosystem where crypto enthusiasts can capitalize on the memecoin market. Every movement needs a champion, and XYZVerse has XYZepe — the masked fighter, the relentless XYZ holder, and the driving force behind the mission to take XYZ to the top of CoinMarketCap. With millions of sports fans rallying behind the project, XYZVerse is expanding fast — and early investors are positioned for significant gains. XYZVerse has been recognized among the best new meme projects, reinforcing its position as a top contender in the memecoin space. XYZ is currently selling at $0.003333 as it pushes toward $0.1 in the final presale stage. The strongest memecoins dominate the crypto market, and XYZ is set to challenge the competition with major CEX and DEX listings, audited smart contracts, and an experienced team leading the charge. You might also like: Will Ethereum rise soon? XYZVerse gains strong buying momentum despite market conditions XRP price XRP has seen significant price shifts over the past six months, surging by 294.43%. Recent trends show slight volatility, with a 14.25% drop in the past month and a 3.39% increase over the last week. Currently trading between $1.93 and $2.46, XRP appears to be consolidating after substantial gains. The Relative Strength Index is at 59.71, suggesting XRP is approaching overbought levels. The Stochastic Oscillator reads 81.79, indicating potential price reversal. The 10-day and 100-day Simple Moving Averages are $2.29 and $2.19 respectively, with the short-term average slightly above the long-term hinting at bullish momentum. Looking ahead, the nearest resistance level is $3.28. Breaking this could propel XRP toward the next resistance at $4.16, offering potential gains of around 20% and 50% respectively. On the downside, if the price dips, support levels at $1.52 and $0.64 might come into play, implying possible declines of approximately 20% and 65%. Conclusion In 2025, while tokens like XRP show promise, XYZVerse’s unique sports-meme fusion positions it for massive growth and community engagement. To find more information about XYZVerse, visit the website , Telegram , or X . Read more: BTC bulls regain control, XYZVerse captures attention in memecoin mania Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Toncoin’s recent price activity has captured the attention of traders, with a 25% bounce observed over four days, signaling short-term bullish sentiment. However, the broader trend remains bearish, as a
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana eyes higher gains but faces stiff resistance, while Rexas Finance’s presale captures widespread attention. Table of Contents Solana struggles to hold above $140 Rexas Finance presale dominates crypto talk with $47m raised Conclusion Strong resistance at important price points has prevented Solana (SOL) from achieving a continuous climb. The token has been battling to recapture its optimistic momentum. With slow on-chain activity and diminishing whale accumulation, observers wonder if Solana can overcome its present challenges — or if further downside lies ahead. Amid SOL’s difficulties, another altcoin has been capturing the spotlight: Rexas Finance (RXS). This trending token is joining the real-world asset (RWA) tokenization niche as experts tag it the next big thing in the crypto space. Solana struggles to hold above $140 Solana’s price has been under pressure, plunging from $180 in February to current levels below $140. Data shows that Solana’s network fees have dropped 73% in the last month, indicating fewer on-chain activities. The futures market presents a similar picture. SOL perpetual futures funding rates have been negative for three days, showing that short sellers are paying to keep their positions — a sign of low demand for leveraged longs. Worryingly, whale accumulation has stalled. The number of Solana wallets with at least 10,000 SOL decreased from 5,053 to 5,023, indicating that some major investors may be taking profits or lowering exposure. While some traders anticipate the introduction of a Solana spot ETF in the United States will act as a catalyst for a significant surge, Solana’s ability to overcome its $155 resistance level remains uncertain. You might also like: Will ADA reach two-digit in 2025? Sui, this altcoin at $0.20 could do it months before ADA Rexas Finance presale dominates crypto talk with $47m raised Rexas Finance is seeing an unprecedented presale spike, bringing the total amount raised to $47 million. As of this report, the RXS presale is in its final stage (Stage 12), with 91% of the allocated tokens already sold. As the launch approaches, investors are hurrying to secure their share. The presale momentum shows investor trust in Rexas Finance’s tokenized real-world asset (RWA) ecosystem. This ecosystem lets users invest in high-value assets like real estate, commodities, and art, fractionalizing them for affordability. Thanks to its accessibility, Rexas Finance has surpassed 50,000 active users, a crucial step toward RWA tokenization market dominance. Rexas Finance use cases extend beyond tokenization. The project incorporates a range of DeFi services, including staking, yield farming, and liquidity pooling. This ensures users can earn passively from their holdings. Startup founders also have a fundraising platform in Rexas Launchpad. This tool connects founders, removing the traditional seeding hassles. Rexas Finance has completed a Certik audit, ensuring its smart contracts are secure, durable, and fault-free, attracting long-term investors. To increase interaction, Rexas Finance is conducting a $1 million giveaway, with the top 20 participants receiving $50,000 in RXS. For holders, this offer allows for early profits and strengthens the Rexas Finance community, ensuring long-term ecosystem stability. Rexas Finance’s next milestone is the formal exchange debut on June 19, 2025. The project plans to list on at least three of the top ten global cryptocurrency exchanges, which will improve liquidity, reach, and demand, potentially resulting in RXS token appreciation. The official listing price is $0.25, which positions early presale buyers for immediate gains. Experts foresee a 100,000% post-launch rise, spurred by improved liquidity and new market investors. This makes Rexas Finance one of the most anticipated listings. Conclusion Solana remains locked below $140, facing critical resistance levels with limited on-chain activity and slowing whale accumulation. While a breakout is probable, SOL’s upward trend remains to be seen. Meanwhile, with a record-breaking presale, a safe Certik audit, a $1 million prize, and an upcoming exchange listing, investors are flocking into the Rexas Finance before the final presale allocations run out. For more information about Rexas Finance, visit the website , giveaway , X , or Telegram . Read more: Solana’s SIMD-228 proposal to reduce SOL inflation by 80% fails to meet approval threshold Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.