Joseph Rees

Bitcoin Faces Critical Juncture: Bear Market Threatens as Key Metrics Flash Red, Cryptoquant Warns

Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks. Valuation Metrics Hit Cycle Lows: Is Bitcoin Primed for a Crash or a…

Strategy Bitcoin Purchases | Raise of $21B Via ATM Program

Strategy announced that the company is planning to raise up to $21 billion through the sale of preferred stock. This is part of the company’s long-term plan to buy more bitcoin (BTC) and improve its position as the world’s largest…

CoinEx Sponsors National Chess Event That Would Send Filipinos to Asia-Wide Tournament, Partners with Anichess

CoinEx, a global cryptocurrency platform, announced that it will be sponsoring the upcoming National Chess Federation of the Philippines (NCFP) Chess Championships, a national-level tournament. In addition to sponsoring the event, CoinEx also shared its partnership with Anichess, a free-to-play…

Starknet Unveils Plan to Unify Bitcoin and Ethereum, Enhancing Bitcoin’s DeFi Functionality

Starknet has announced its ambitious plan to become the first Layer 2 solution to unify Bitcoin and Ethereum, aiming to enhance bitcoin’s functionality and scalability while preserving its core principles of decentralization and trustlessness. The initiative includes the integration of…

Study: 98% of Binance-Listed Tokens Dump After Pump

While Binance remains the most prominent exchange for token listings, a study by CryptoNinjas and Storible revealed that 98% of tokens listed on the exchange eventually dump, despite experiencing a strong initial price surge.  The study found out that tokens…

Metaplanet Borrows $13.5 Million (¥2 Billion) to Buy More Bitcoin

Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently…

$USDT Issuer Tether Records $13B Profit in 2024 Alone

After an auditing process for 2024, Tether Holdings Limited, the company behind the U.S. dollar-pegged stablecoin $USDT, reported a yearly net profit exceeding $13 billion and achieved all-time high records in the fourth quarter, according to the global independent accounting…

SOL Strategies to Control Over 3.3 Million Staked SOL Following Major Validator Acquisition

Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the…

Bybit CEO Ben Zhou Warns Pi Network is More Dangerous Than Meme Coins

“Pi Network is more dangerous than meme coins.” This was what Bybit CEO Ben Zhou boldly declared during an interview with Vietnamese newspaper VnExpress. On February 2025, Zhou said that his crypto exchange would not list $PI because Pioneers, or…

California Shuts Down 42 Crypto Scam Sites—$6.5M Stolen in Massive Fraud

California has shut down 42 fraudulent crypto websites, exposing a $6.5 million scam that drained victims of an average $146,306 each. 42 Fraud Sites Dismantled—How Scammers Built Fake Crypto Worlds to Steal Millions California Attorney General Rob Bonta announced on…