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Someone accidentally sent 90% of his Bitcoin holdings to Satoshi Nakamoto last night. While trying to sacrifice an ordinal for Pups ($PUPS), a dumb memecoin on the Bitcoin blockchain. He accidentally sent pretty close to his entire wallet balance, about $7000. This case proves how risky it is to deal…

Top Stories This Week Crypto trader turns $3K into $46M in one month as PEPE price soars A savvy trader made $46 million in profit, which is an eye-watering 15,718-fold return on his initial $3,000 investment. The unknown wallet bought 4.9 trillion PEPE for $3,000 on April 15, which is…

The Immutable (IMX) token has experienced a significant price increase in recent weeks, gaining over 28% in the past 30 days. As of today, IMX trades at $2.451, reflecting a 2.84% increase from the previous day. IMX/USD 24-Hour Chart (Source: CoinStats) Currently ranked 29th by market capitalization, Immutable’s market cap…

Microsoft faces a fine in the European Union of up to 1% of its annual revenue if it doesn’t respond to a request for information by May 27. The threat stems from a request made under the E.U.’s Digital Services Act concerning the company’s Bing search engine and its associated generative…

According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for…

Michael Saylor, the founder of the MicroStrategy business intelligence giant, has issued a fundamental statement about what is happening as Bitcoin continues to win against fiat money. Basically, Saylor tweeted that Bitcoin is saving investors money from depreciating, again reminding them about its store-of-value status. In the meantime, the world’s…

According to Bloomberg, the 90-day correlation coefficient between Bitcoin and the Nasdaq 100 index, a tech-heavy benchmark, reached 0.46 this week—the highest since late August. A coefficient of 1 indicates that assets move in perfect sync, while -1 suggests they move in opposite directions. Per the article, when the Fed…