Author: James Wilson
Housecoin’s explosive rally may be losing steam, as momentum indicators point to a cooling trend following its parabolic 600% surge. Launched in early April on the Solana (SOL) blockchain, Housecoin (HOUSE) is a memecoin satirically positioned as a hedge against the collapsing real estate market, using the tagline “Flipping the Housing Market, One $HOUSE at a Time.” The memecoin has grabbed the spotlight after it had surged over 660% in just 2 days, climbing from $0.010 on March 25 to an intraday high of $0.076 on April 26, marking its ATH. Although it has since retraced to $0.060, it continues…
AI and crypto czar David Sacks is reportedly one of the founding members of Donald Trump Jr’s new private club, the Executive Branch. The club’s membership fee is estimated to be around $500,000. According to a recent report by Politico, Donald Trump Jr. is launching an exclusive club along with his business partners at the 1789 Capital fund, such as megadonor Omeed Malik and Chris Buskirk. Other owners include Alex and Zach Witkoff, sons of Steve Witkoff, Donald Trump’s diplomatic envoy. So far, other known founding members include AI and crypto czar David Sacks, Canadian-American venture capitalist Chamath Palihapitiya, along…
OKX’s latest proof-of-reserves report reveals the crypto exchange holds reserves exceeding the number of assets deposited by customers on the platform, specifically for 22 major cryptocurrencies. According to the crypto exchange’s 30th consecutive Proof of Reserves report, the platform currently holds a total of $23.1 billion worth of primary assets from 22 major tokens, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), Ripple (XRP), Dogecoin (DOGE) and many others. “OKX understands that the safety and security of customer assets are top priorities. We ensure our balance sheet always holds enough assets with a 1:1 reserve ratio, giving us…
Neo Legacy, the original version of the Neo blockchain launched in 2016, will cease operations by October as the project completes its transition to Neo N3. Neo will shut down its original blockchain called Neo Legacy by the end of October, urging users and developers to migrate assets and smart contracts to Neo N3 before the deadline to avoid permanent loss. Since launch in 2016, the Legacy chain has produced more than 14 million blocks, processed over 281 million transactions, and supported nearly 3 million addresses, the project revealed in an X post on Tuesday. Neo Legacy was succeeded by…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Tron holds steady, Lightchain AI is quickly gaining ground with its AI-powered vision, raising questions about whether TRX can keep up in an increasingly intelligent blockchain future. Tron (TRX) has held its position as a steady performer in the crypto space, but as 2025 unfolds, a new contender is quickly rising through the ranks, Lightchain AI. While Ethereum (ETH) and Solana (SOL) continue to battle scalability and market fatigue, Lightchain AI is making headlines with a presale that’s…
PI remains locked in a tight sideways range, but weakening momentum indicators are signaling a potential breakdown, as dilution risks weigh on the circulating supply. Pi Network (PI) has been trading in a sideways consolidation range since mid-April, fluctuating within a ~14% band between $0.59 and $0.67. The price is now testing the lower boundary of that range — currently at $0.58, raising the risk of a breakdown to a lower level. The RSI sits at 38, well below the neutral 50 level and not far from oversold territory. MACD is also showing signs of fatigue. Although the MACD line…
Stablecoin issuer firm Circle was recently granted in-principle approval from Abu Dhabi financial authorities to serve as a money services provider in the region. According to an official press release, the Financial Services Regulatory Authority of Abu Dhabi Global Market or ADGM have granted in-principle approval for the stablecoin firm to act as a money services provider. This means that the firm has met the regulatory requirements needed to conduct business within the region. Though, the company would still need to await full regulatory approval before it can formally begin business operations in the ADGM. The Abu Dhabi Global Market…
U.S. prosecutors are seeking a 20-year prison sentence for Celsius founder Alex Mashinsky, calling his actions a calculated fraud that left thousands of customers with billions in losses. The U.S. Department of Justice is asking a federal judge to sentence Celsius Network founder Alex Mashinsky to 20 years in prison for what it called a “deliberate” fraud that caused billions in customer losses. In a memo filed on Monday, prosecutors said Mashinsky “refuses to accept responsibility” despite being faced with “overwhelming evidence of guilt, and having pled guilty to the offenses for which he will be sentenced.” “He has abandoned…
AI16Z surged by as much as 22% today, ahead of its upcoming listing on South Korea’s Bithumb exchange. According to data from crypto.news, Ai16z (AI16Z) an agentic AI crypto spiked to an intraday high of $0.305 during morning hours in Asia on April 29, extending its gains to nearly 200% from its monthly lows and lifting its market cap over $328 million. The main catalyst driving its gains today is a listing announcement by South Korean crypto exchange Bithumb, which will launch a KRW trading pair for AI16Z later in the day at 6:00 PM KST. The listing price is…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In just the past few months, several high-profile wallet exploits have shaken the crypto world, from sophisticated phishing campaigns to browser vulnerabilities that exposed users’ private keys. Crypto wallets are supposed to be the bedrock of democratized finance—tools that give users direct, sovereign control over their assets. Instead, they often feel like rickety scaffolding: unstable, unforgiving, and ready to collapse under the weight of a single mistake. For all the innovation in web3, wallets remain one of…