US media personality and former Olympian Caitlyn Jenner has escaped a class-action lawsuit after a federal judge ruled her memecoin was not a security under US law. California federal judge Stanley Blumenfeld Jr. wrote in an order on Thursday that the lawsuit failed to plausibly plead that Caitlyn Jenner (JENNER) tokens were investment contracts, as they didn’t pool investor money or use funds to develop “any related product or technology.” “Defendants stated that ‘[t]he $JENNER token is a memecoin on the Ethereum blockchain intended solely for entertainment purposes,’ and that…
Author: boss
Arthur Hayes Warns Bitcoin May Stall Until Liquidity Returns
Key Takeaways: Arthur Hayes ties bitcoin’s outlook to global liquidity, with upside dependent on policy-driven liquidity. Geopolitics create a bearish setup as war risk, deleveraging, and AI-driven stress weigh on markets. Liquidity injections could lift bitcoin once credit stress forces intervention. Bitcoin Outlook Hinges on Liquidity Arthur Hayes’ latest market note, titled “No Trade Zone,” signals that bitcoin’s outlook is increasingly tied to global liquidity conditions rather than traditional macro indicators. On April 15, the Bitmex co-founder and Maelstrom CIO outlined a cautious stance, citing geopolitical tensions and artificial intelligence-driven…
Asteroid Shiba’s 68,000% Rally Leaves Traders Stunned After Elon Musk Reply
One trader flipped a single ETH into more than $470,000 in just a few hours. Another held a position for 580 days watching it sit near zero, then walked away with close to $392,000. Both made their money on the same token — a memecoin called Asteroid Shiba — after a two-word reply from Elon Musk lit up crypto markets on Friday. Related Reading Asteroid Shiba: A Wish That Sparked A Frenzy The story behind the token is unlike most in the memecoin world. Asteroid Shiba was inspired by a…
Warren Accuses SEC’s Paul Atkins of Misleading Congress
US Senator Elizabeth Warren has accused Paul Atkins, the head of the Securities and Exchange Commission, of possibly lying to Congress about the agency’s enforcement numbers. Warren, the top Democrat on the Senate Banking Committee, said in a letter to Atkins dated Wednesday that the SEC’s enforcement data for fiscal year 2025, released on April 7, raised “significant concerns” about his answers at a Feb. 12 congressional hearing. “At the hearing, I specifically asked you to comment on publicly available data highlighting a decline in SEC enforcement activity,” Warren said.…
Dogecoin Starting And End Point As The TCT Model Begins To Play Out
The Dogecoin price is still compressed into a narrowing range just below $0.1, but analyst Lars has issued an update to a technical framework he has been tracking for weeks, one that now points to a significant move coming for the meme cryptocurrency. The outcome, however, hinges on one crucial confirmation that has yet to arrive. Related Reading Dogecoin TCT Model Begins To Play Out Bitcoin inflows are still steering the broader market, but Dogecoin has yet to fully follow that inflow momentum. It briefly pushed above $0.10 in the…
Morgan Stanley’s MSBT Bitcoin ETF Wallets Now Publicly Trackable via Arkham
Key Takeaways: Arkham Intelligence labeled three onchain wallets backing Morgan Stanley’s MSBT ETF, which holds 1,348 BTC worth more than $100M. MSBT launched on April 8, 2026, with a 0.14% expense ratio, the lowest among major U.S. spot bitcoin ETFs, including Blackrock’s IBIT. Anyone can now monitor Morgan Stanley’s BTC accumulation in near real-time via Arkham’s live dashboard. Arkham Identifies Onchain Wallets Behind Morgan Stanley’s Spot Bitcoin ETF The fund, ticker MSBT, launched April 8, 2026, on NYSE Arca, making Morgan Stanley the first major U.S. bank to issue a…
Bitcoin Breakout Confirmed, But Is It Real Or A Bull Trap?
Bitcoin has confirmed a breakout from its macro downtrend on the linear chart, signaling a potential shift in broader market structure. However, with the price now sitting at a key resistance zone on the logarithmic chart, uncertainty remains. The coming sessions will be crucial in determining whether this move develops into a sustained bullish trend or a potential bull trap. Macro Breakout Signals Possible End Of Bear Cycle Historically, Bitcoin bear markets conclude once the price begins to steadily climb above the macro downtrend on linear charts. Following yesterday’s daily…
Hex Trust Brings 1:1 Backed Wrapped XRP to Solana’s Ecosystem – Bitcoin News
Key Takeaways: Wrapped XRP launched on Solana this week, backed 1:1 by Hex Trust with roughly 834,498 wXRP in circulation. LayerZero’s OFT standard bridges wXRP across chains, giving Solana DeFi access to over $100 million in initial XRP liquidity. Phantom, Jupiter, and Meteora already support wXRP, with Ethereum and EVM chain expansions already in motion. XRP Is Now on Solana via Hex Trust The launch was confirmed by the official Solana X account, which posted “BREAKING: XRP is live on Solana” alongside a video and technical details. The token, known…
Kelp Hacked, Losses Climb to $293M As Other Protocols Impacted
Kelp, a liquid restaking protocol, was the victim of a cyber attack on Saturday, causing the platform to pause smart contracts for its restaking token (rsETH), as it “investigates” the attack amid reports of hundreds of millions of dollars in losses. “Earlier today, we identified suspicious cross-chain activity involving rsETH. We have paused rsETH contracts across mainnet and several Layer-2s,” the Kelp platform said in an X post. The attacker exploited the rsETH adapter bridge contract, the software code that manages Kelp’s rsETH token, and drained the platform of about…
Analyst Predicts X Money Will Send XRP To $10, But What Will Send It To $1,700?
A bold XRP price forecast is gaining traction among community members, as an analyst predicts the cryptocurrency’s next moves in the coming weeks. The expert has mapped out an aggressive roadmap tied to a sequence of upcoming events, including the launch of X Money, which he expects could potentially drive XRP’s price toward $10. The projections also point to a much larger breakout phase, fueled by highly anticipated developments that could redefine the digital asset’s market position. Related Reading X Money Projected To Drive XRP Price To $10 Crypto market…