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Pi Network (PI) Hits a New ATH, But It’s Not What You Think

Pi Network (PI) Hits a New ATH, But It’s Not What You Think

TL;DR Nearly 400 million PI tokens are now held on exchanges, with major unlocks ahead, raising concerns about increased sell pressure and potential downside risk. After a sharp rally driven by speculation and excitement, PI dropped over 50% following the project’s $100M initiative reveal, reflecting a classic “buy the rumor, sell the news” pattern. PI […]

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Coinbase Faces Multiple Lawsuits Over Bribed Support Agents and User Data Leak

Coinbase Faces Multiple Lawsuits Over Bribed Support Agents and User Data Leak

Coinbase is under mounting legal pressure following its recent disclosure of a significant data breach. The breach exposed sensitive personal information of its users after cybercriminals bribed overseas support staff. @Coinbase has disclosed a data breach involving a small subset of customer information.#Coinbase #DataBreach https://t.co/qfBEmf3Cc0 — Cryptonews.com (@cryptonews) May 15, 2025 Between May 15 and

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Saylor’s Strategy acquires 7,390 Bitcoin as new lawsuit emerges

Saylor’s Strategy acquires 7,390 Bitcoin as new lawsuit emerges

Key Takeaways Strategy purchased 7,390 Bitcoin for $555 million at an average price of $103,498. The company aims to hold $42 billion in Bitcoin by 2027, accumulating 576,230 BTC so far. Share this article Michael Saylor’s Strategy on Monday disclosed it had purchased 7,390 Bitcoin between May 12 and 18, investing around $765 million in

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Shiba Inu up 23% but momentum fades

Shiba Inu up 23% but momentum fades

Whale count down to 10,205 from 10,232 in 9 days. SHIB trading between $0.000014 support and $0.0000152 resistance. EMA flattening suggests paused bullish momentum. Shiba Inu (SHIB), the Ethereum-based meme coin, has gained 23% over the past month, reflecting broader interest in altcoins amid a relatively stable crypto market. However, recent metrics show that the

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US crypto funds top .5B inflows in 2025 as investor appetite grows

US crypto funds top $7.5B inflows in 2025 as investor appetite grows

Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets. US-based crypto investment products attracted $785 million worth of investment last week, pushing the year-to-date (YTD) total to over $7.5 billion,

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Panama City Considers Creating a Bitcoin Reserve

Panama City Considers Creating a Bitcoin Reserve

Panama City may be the next Latin American city to adopt bitcoin, after El Salvador. Panama City Mayor Mayer Mizrachi has got the bitcoin world excited after hinting that the city might have a bitcoin reserve. The speculation started on May 16 when Mizrachi posted a simple but powerful message on X: Two words. That’s

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Nvidia to Build AI Supercomputer and New HQ in Taiwan

Nvidia to Build AI Supercomputer and New HQ in Taiwan

In brief Nvidia’s new supercomputer will use 10,000 Blackwell GPUs and be hosted by Taiwan’s National Center for High-Performance Computing. The rollout includes a new Taipei headquarters and support for sovereign AI projects like TAIDE and Taiwan AI RAP. TAIDE, one of the sovereign AI initiatives supported by the new system, is already powering multilingual

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Strategy Adds 7,390 Bitcoin, Now Holds Over 576,000 BTC

Strategy Adds 7,390 Bitcoin, Now Holds Over 576,000 BTC

Strategy has expanded its bitcoin holdings once again, acquiring an additional 7,390 BTC for approximately $764.9 million at an average price of $103,498 per coin, according to Executive Chairman Michael Saylor. Strategy Adds Another Stack of Bitcoin As of May 18, 2025, the firm now holds 576,230 bitcoin, with a cumulative acquisition cost of about

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7K fakeout or new all-time highs? 5 things to know in Bitcoin this week

$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000.  BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come? The May 18  daily and weekly close nonetheless became Bitcoin’s

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