World Liberty Financial and Justin Sun, once allies in a Trump-linked crypto project, are now embroiled in lawsuits over frozen WLFI tokens and accusations of misconduct. Sun alleges unlawful freezing of his tokens and breach of contract, while World Liberty Financial accuses him of defamation and market manipulation. The dispute highlights tensions in governance and control within decentralized finance projects, with ongoing legal battles expected to take months or years to resolve. Meanwhile, WLFI token prices remain under pressure amid governance changes and token freezes.
Tron Inc has aggressively accumulated 1.2 million TRX tokens in June, increasing its total holdings to over 700.4 million TRX despite the token trading lower around $0.31. This buying effort occurs amid sustained bearish pressure and a declining pric...
The crypto market is experiencing a generally positive session with the CoinMarketCap 20 Index up nearly 1% for the day and 3.5% over the week, despite being down over 30% year-to-date. Bitcoin trades around $64,278, showing modest daily gains but re...
Bitcoin and Ethereum posted solid daily gains, with Bitcoin up 2.21% to $64,054.40 and Ethereum rising 2.57% to $1,684.08. This rally is driven by increased dominance of these large-cap cryptocurrencies, signaling investor preference for quality and ...
Bitcoin rose about 1% to near $63,700 on June 12, recovering from a recent dip below $60,000 amid signs of easing U.S.-Iran tensions. The de-escalation reduced fears of rising oil prices and inflation, which had pressured risk assets including crypto...
Bitcoin is trading near $63,000 after a dip to $59,000, close to its realized price support of $53,600, with demand dropping sharply, especially from spot ETFs. Institutional buying pressure is waning, and investors have realized significant losses r...
