On Sunday, the global cryptocurrency market experienced a 2.02% decline, settling at $2.69 trillion as bitcoin, ether, and several leading digital assets posted losses. Bitcoin dipped below the $83,000 threshold, reaching an intraday low of $82,397 per coin. Crypto Market Sees $47B in Trading, Down 34% From Previous Day Over the past 24 hours, global
MoonPay, the crypto fintech giant known for its aggressive expansion strategy, is at it again. This time, the company has acquired Iron.xyz, a stablecoin infrastructure platform, in yet another move that signals its determination to reshape the digital finance landscape. With a track record of strategic acquisitions, MoonPay is proving that it isn’t just playing the game – it’s changing the rules. Stablecoins have been a critical piece of the crypto puzzle, ensuring a bridge between traditional finance and decentralized systems. Iron’s integration into MoonPay’s ecosystem could mean more robust and seamless fiat-to-crypto transactions, fueling broader adoption. But that’s not where the story ends. The bigger picture? Crypto is maturing, and MoonPay is leading the charge. And right on cue, there’s another rising player aiming to push blockchain innovation even further – Solaxy ($SOLX) . What MoonPay’s Move Means for Crypto MoonPay’s latest purchase aligns with the growing demand for reliable stablecoin infrastructure. In a market where volatility is a given, stablecoins serve as a lifeline, making crypto transactions smoother and more predictable. By acquiring Iron, MoonPay is reinforcing its grip on the space, ensuring that users – retail and institutional – can interact with the crypto economy without excessive friction. MoonPay’s CEO, Ivan Soto-Wright, highlighted the strategic importance of the deal, saying: “This acquisition is a strategic step forward, positioning MoonPay at the forefront of enterprise-grade stablecoin solutions. With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants.” This isn’t just a small upgrade – it’s a foundational shift. With Iron’s infrastructure, MoonPay is making stablecoins more accessible for businesses, opening up a future where cross-border payments happen instantly and seamlessly. This positions MoonPay not just as a player in the crypto space but as a serious force in global finance. When paired with its earlier acquisition of Helio, a Solana-based crypto payments processor, the direction is clear: MoonPay is building a powerhouse of Web3 financial services. Solaxy ($SOLX) – Powering the Future of Solana While MoonPay is busy acquiring stablecoin infrastructure, Solaxy ($SOLX) is all about pushing the limits of what’s possible on the Solana blockchain. Solaxy has emerged as a promising new crypto project , combining innovation with a strong community backing. At its core, Solaxy aims to supercharge the Solana ecosystem, enhancing scalability, security, and efficiency. Given Solana’s reputation as one of the fastest and most cost-effective blockchains, Solaxy’s innovations could further cement its dominance in the space. But let’s talk numbers, because that’s where things get interesting. The Solaxy presale has already raised a staggering $26.6M, and its community is growing at a rapid pace, boasting 72.9K followers on X. If you’re looking for one of the best altcoins with massive potential, $SOLX is already making a compelling case for itself. And at just $0.001664 per token, it’s positioned as one of the best presale opportunities in the market today. In the fast-moving world of crypto, getting in early is often the difference between catching a rocket or missing out entirely. Solaxy is one of those projects that could define the next phase of new crypto adoption, offering both investors and developers a fresh playground within the Solana network. The Bigger Picture MoonPay’s acquisition spree is a strong signal that the crypto industry isn’t slowing down – it’s just getting started. With stablecoin infrastructure becoming more refined and projects like Solaxy pushing blockchain boundaries, the market is evolving into something bigger, smarter, and more accessible. If you’re eyeing the best altcoins for 2025, keeping an eye on MoonPay’s moves and Solaxy’s growth could be your best bet. However, before you invest your money, don’t forget to DYOR (do your own research), as this article is for informational purposes only and doesn’t constitute financial advice.
Hayden Davis, head of the LIBRA project and a fugitive wanted by Interpol, has launched a new cryptocurrency called WOLF, according to blockchain analysis firm Bubblemaps. This announcement comes just days after rumors spread that Jordan Belfort, known as the “Wolf of Wall Street,” was preparing to launch a token of the same name. Bubblemaps teamed up with YouTuber Coffeezilla to investigate the origins of WOLF and found striking similarities to HOOD, another token previously released by Davis. The firm’s analysis suggests that the designer of the WOLF token has direct links to Davis’ known addresses. On March 8, the well-known online community WallStreetBets introduced a WOLF token that quickly gained traction in the market. Bubblemaps identified the following key events: The developer of WOLF purchased the token before other investors using multiple wallets. The token's market value skyrocketed to $40 million before an alleged rugpull scam. 82% of WOLF’s supply was controlled in a packaged structure, raising red flags regarding its legitimacy. The WOLF founder, identified by the address 6MsuHd, was connected via 17 intermediary addresses and 5 cross-chain transfers. All transfers were ultimately routed to a single address named OxcEAe, which was previously attributed to Hayden Davis. Related News: Bitcoin Prophecies from BitMEX Founder Arthur Hayes: "The FED Will Print More Money Than Anyone Has Ever Printed," Predicts BTC Price The transactions suggest that Davis was moving funds around months before the LIBRA and WOLF launches, likely in an attempt to conceal his involvement. Bubblemaps speculates that Davis may have thought his activities would go unnoticed due to the complexity of the fund transfers. *This is not investment advice. Continue Reading: Attention: A Well-Known Scammer Is Reportedly Launching a New Altcoin – Here’s the Token to Avoid
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
A Bitcoin whale is wagering hundreds of millions on Bitcoin’s short-term decline, ahead of a week filled with key economic reports that may significantly impact Bitcoin’s price trajectory and risk appetite among investors. A large crypto investor, or whale, has opened a 40x leveraged short position for over 4,442 Bitcoin ( BTC ) worth over $368 million, which functions as a de facto bet on Bitcoin’s price fall. Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions. The Bitcoin whale opened the $368 million position at $84,043 and faces liquidation if Bitcoin’s price surpasses $85,592. Source: Hypurrscan The investor has generated over $2 million in unrealized profit, however, he has an over $200,000 loss on his position’s funding fees, Hypurrscan data shows. Despite the heightened risk of leveraged trading, some crypto investors are making significant profits with this strategy. Earlier in March, a savvy trader gained $68 million on a 50x leveraged short position , banking on Ether’s ( ETH ) 11% price decline. The leveraged bet comes ahead of a week of numerous significant macroeconomic releases, including the upcoming Federal Open Market Committee (FOMC) meeting on March 19, which may impact investor appetite for risk assets such as Bitcoin . Related: Bitcoin’s next catalyst: End of $36T US debt ceiling suspension Bitcoin needs weekly close above $81k to avoid pre-FOMC downside: analysts Bitcoin price continues to risk significant downside volatility due to growing macroeconomic uncertainty around global trade tariffs. To avoid downside volatility ahead of the FOMC meeting, Bitcoin will need a weekly close above $81,000, according to Ryan Lee, chief analyst at Bitget Research, The analyst told Cointelegraph: “The key level to watch for the weekly close is $81,000 range, holding above that would signal resilience, but if we see a drop below $76,000, it could invite more short-term selling pressure.” Related: Bitcoin experiencing ‘shakeout,’ not end of 4-year cycle: Analysts The analyst’s comments come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group’s FedWatch tool . Source: CME Group’s FedWatch tool “The market largely expects the Fed to hold rates steady, but any unexpected hawkish signals could put pressure on Bitcoin and other risk assets,” added the analyst. Magazine: SCB tips $500K BTC, SEC delays Ether ETF options, and more: Hodler’s Digest, Feb. 23 – Mar. 1
Dogecoin soars 400% in major on-chain metric, which prompts question: Is massive price surge next?
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.