Senators Elizabeth Warren and Richard Blumenthal have called on the SEC to investigate Donald Trump's meme coin after nearly a million investors lost over $3.8 billion from its launch in January 2025 to June 2026. Meanwhile, Trump and his family reportedly earned around $636 million from trading fees during the same period, raising concerns about insider trading and unfair profit distribution. The token's value plummeted from over $70 to under $1.50, sparking allegations of a "soft rug pull" and prompting scrutiny of the development team's token sales amid the price decline. The SEC has yet to comment, but the case highlights ongoing regulatory challenges in the crypto space, especially around meme coins and retail investor protection.
Spot Bitcoin ETFs saw a net inflow of about $305 million last week, recovering after two weeks of outflows. Early in the week, Bitcoin funds attracted over $1 billion before significant withdrawals on Thursday and Friday reduced gains. Meanwhile, Eth...
US markets showed volatility as concerns about the sustainability of the AI investment boom grew and oil prices surged, complicating inflation and interest rate expectations ahead of the Federal Reserve's upcoming decision. Treasury yields declined f...
Bitcoin ETFs experienced a net outflow of $137.94 million on Friday, reversing over $1 billion of inflows earlier in the week, highlighting a volatile and tactical institutional demand. Major players like Blackrock and Fidelity led both the inflows a...
QuickSwap's token (QUICK) fell sharply by 36% within 24 hours, closing at $0.00336 on October 25. Despite a daily trading range high of $0.0043, the price decline occurred without any confirmed catalyst or significant change in network activity. Trad...
Lam Research Corporation's shares have fallen 29% after previously being rated as overvalued. This price correction has significantly changed the valuation outlook for the stock. The semiconductor industry's $200 billion wafer fabrication boom is a m...
