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Showing posts from February, 2025

Burwick Law founder likely behind Pump Fun memecoin, report

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The Managing Partner and Founder of Burwick Law, Max Burwick, likely launched DOGSHIT2, the token at the centre of an ongoing Pump Fun lawsuit, despite claiming his firm had nothing to do with it.   Research from crypto influencer Wirelyss shows that the account behind the launch of DOGSHIT2, “Bigbl,” shares the same crypto address with the purchaser of the DeGods NFT, “y00t #6430.”  An associate of Burwick, @brandon_galang, met up with Burwick in 2023 for some “degen yoga.” Galang shared a picture of three individuals with NFT pictures covering their faces and tagged Burwick and “@dgoldzz.” The NFT on the far left is the y00t #6430 NFT linked to the Bigbl Pump Fun account . The Bigbl crypto address bought the y00t #6430 NFT on December 30, 2022, for over $31,000. Read more: Pump Fun X account hacked, used to promote phony governance token The person behind this y00t NFT has a tattoo on his left arm that closely resembles the end of th...

Nexo partners up with Sphere to facilitate international business payments

Nexo, a leading digital assets wealth platform, has announced a new strategic partnership with Sphere, a company specializing in cross-border payments, based on the information shared with Finbold on Thursday, February 27.  The partnership is expected to facilitate international business payments with fast, cost-effective, and regulatory-compliant blockchain settlement solutions.  With Sphere’s scalable infrastructure and Nexo’s digital asset expertise, the two partners expect to reduce settlement times from days to mere hours, streamline treasury management, and provide businesses with almost instantaneous currency conversion. Picks for you Analyst on the sidelines of Super Micro (SMCI) AI stock; Here's why 1 second ago Expo...

Bank of America Planning To Launch Its Own Stablecoin, According to CEO Brian Moynihan

Bank of America, one of the largest financial institutions in the US, is planning to launch its own stablecoin, according to its CEO. In a new interview at the Economic Club of Washington, D.C., Bank of America CEO Brian Moynihan says they intend to launch a stablecoin once laws change to allow it, Fortune reports. Says Moynihan, “It’s pretty clear there’s going to be a stablecoin… If they make that legal, we will go into that business.” Laws allowing financial institutions like Bank of America to launch stablecoins are expected under pro-crypto US President Donald Trump, who took office in January. Moynihan says that a Bank of America coin pegged to the US dollar opens up many possibilities. “The question of what it’s useful for is going to be interesting.” He also highlights how other recent advancements in technology have changed the way Bank of America does business, including when it became the first US bank to o...

Dogecoin Price Prediction: AI Sets DOGE Price For March 1, 2025

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The entire cryptocurrency market was painted red throughout the past week. The meme coin market followed a similar trend. Dogecoin (DOGE) witnessed major bloodshed during this period. The asset’s investors were seen drowning in losses. But the DOGE market was seen kickstarting a mid-week recovery phase. This further instilled hope in the community pushing investors to make ambitious bets for March. Also Read: M2 Money Supply Goes Parabolic—Is a Massive Bitcoin Rally Incoming? A Dive Into The OG Meme Cryptocurrency Source: Watcher Guru Over the past 24 hours, Dogecoin recorded a much-needed uptick of 2.27%. At the time of writing, the meme coin was trading at $0.2111. But over the past seven days, the asset was down by nearly 17%. The asset’s monthly losses stand at 33%. Source: CoinMarketCap The latest drop has pushed Dogecoin much further from its all-time high. The meme coin hit a peak of $0.7376 back in 2021, about four years ago. Currently, DOGE is trading 71.34% below t...

Dogecoin Price Prediction: DOGE Plummets 10% As Investors Flock To This ICO For Safer Meme Coin Investing

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The Dogecoin price dropped 10% in the last 24 hours to trade at $0.2065 as of 3:35 a.m. EST on trading volume that skyrocketed 144% to $2.94 billion. The DOGE price has seen two sharp drops in the past week, the first of which came on Feb. 21. After the price traded sideways for days just under $0.26, the price dropped sharply on February 21 to $0.24. After that, it made a slight recovery to $0.25, only to see another sharp drop yesterday. With the recent drop, the DOGE price broke the support at $0.24, pushing the price down to $0.20. On a weekly basis, DOGE saw a drop of over 18% as its token holders continued to sell. Dogecoin Price Prediction Following its drop to $0.20, the Dogecoin price attempted a recovery but was rejected before even reaching $0.21. Its Bollinger Bands have seen several widenings and narrowings in the past day, each time when another support got broken and the price continued to dip further. Most of the widening came from the price pushing the lower band ...

META Gets Bet to Lead AI as Billionaire Buys $100m in The Stock

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The last two years have seen the artificial intelligence sector flourish, with demand on Wall Street hitting unprecedented highs. Yet, with companies all jockeying for positions, who will emerge as the industry leader is among one of the most pressing questions. There may be a new front-runner, as Meta Platforms stock has gotten a new bet to lead AI as one billionaire has bought $100 million in the stock. The company has been thriving almost two months into the year. It recently enjoyed a 20-week streak of gains that saw it thriving. Although that was broken, it has been one of the Magnificent Seven leaders thus far and looks to only build on the momentum this year. Source: CNBC Also Read: META CEO Sells $30M in the Stock at 52-Week High: But Why? META to Lead AI Sector? One Billionaire Investor Certainly Thinks So There is no shortage of competition emerging in the AI sector. Nvidia (NVDA) rode the demand surge to a 178% jump in 2024. They certainly aren’t the only ones. Companie...

Solana Price Prediction: As Bybit Hacker Launders Funds Via Solana Meme Coins On Pump.Fun, Analysts Say This SOL Layer 2 Might 100X

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The Solana price plummeted 7% in the past 24 hours to trade at $160.89 as of 02:25 a.m. EST on trading volume that skyrocketed 60% to $3.2 billion. This drop in the SOL price comes after ZachXBT disclosed that a specific entity was laundering money for the Bybit hack incident by issuing and trading meme coins on Pump.fun. “On Feb 22 the attacker received $1.08M from the Bybit hack to 0x363908df2b0890e7e5c1e403935133094287d7d1 who bridged USDC to Solana,” ZachXBT wrote in in a Feb. 23 Telegram post. According to Wu Blockchain, the Bybit exploiter, identified by address 5STkQy…95T7Cq, transferred 60 SOL to 9Gu8v6…aAdqWS. This second address then launched a token called QinShihuang (500000), which traded over $26 million. Bybit Exploiter is laundering money by issuing Meme tokens on pump fun. Bybit Exploiter: 5STkQy…95T7Cq transferred 60 SOL to 9Gu8v6…aAdqWS, who then launched a token called QinShihuang (500000), which has traded over $26 milli...

Top Trending Crypto Coins on DEXTools – Arbitrum, Cerebro, Exodus AI

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What if you could identify the next great crypto project before it became popular? Keeping up with the most popular tokens might be like chasing a moving target in the fast-paced world of decentralized finance (DeFi). However, some coins are causing a stir, attracting traders’ attention, and displaying genuine market-shaking potential. Top Trending Crypto Coins on DEXTools Right now, three names are standing out in the community: Arbitrum, Cerebro, and Exodus AI. Each of these tokens brings something unique, whether it’s scaling solutions, cutting-edge AI integration, or game-changing innovations in decentralized trading. Arbitrum is redefining how Ethereum operates, Cerebro is unlocking new levels of cross-chain intelligence, and Exodus AI is pushing the boundaries of predictive analytics. The question is: Are these top trending crypto coins on DEXTools just temporary trends, or are we looking at the future of DeFi? 1. Arbitrum (ARB) Due to Arbitrum’s complete co...

Reploy Price Prediction: RAI Plunges 11% As Expert Says This Frog-Themed AI Agent Crypto Might 20X

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The Reploy price plunged 11% in the past 24 hours to trade at $2.442 as of 10:26 p.m. EST on trading volume that dropped 23% to $3 million. Reploy Price Analysis: Potential Breakout From Falling Wedge? The RAI price has been in a prolonged downtrend following a sharp price surge, forming a falling wedge pattern on the 12-hour chart. This pattern is typically considered bullish, as it signals a potential breakout to the upside once price action nears the narrowing end of the wedge. The Reploy price has been consolidating near the upper boundary of the wedge, with reduced volatility and shrinking candlestick size, indicating an imminent move. Additionally, the 50-day Simple Moving Average (SMA) is above the price of Reploy, acting as dynamic resistance around the $2.96 level. A breakout above this resistance could confirm a bullish reversal. The Relative Strength Index (RSI) is currently at 44.17, which is below the neutral 50 level but not yet in oversold territory (below 30). Thi...

Dogefather Price Prediction: DOGEFATHER Explodes 105% After Elon Musk Posts Chainsaw Photo, While This SOL ICO Heads For $23M

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The Dogefather price skyrocketed 105% in the last 24 hours to trade at $0.001485 as of 3:45 a.m. EST on trading volume that soared 10,175% to $4.73 million. The DOGEFATHER price blew up around 10 hours ago, after Elon Musk — now commonly associated with Dogecoin and many other meme coins — posted a photo of himself holding a chainsaw. Musk posted this on his own X account with a Dogefather banner in the background, which immediately led to a major DOGEFATHER pump. This is a real picture pic.twitter.com/HFSxrpbiju — Elon Musk (@elonmusk) February 20, 2025 Its price skyrocketed from $0.0007559 to $0.003487. Of course, a correction followed soon after the token hit this high, and it dropped back to around $0.0014, going both above and below this level for several hours until its price reached relative stability. Dogefather Price Prediction The DOGEFATHER price surge caused a major disruption in its Bollinger Bands, leading to a massive widening. However, after the...