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Purdue Pharma and Sackler family to pay $7.4 billion in revised settlement of lawsuits over OxyContin opioid toll

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The Sacklers agreed to pay up to $6.5 billion and give up ownership of the company, which would pay nearly $900 million. Read More

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Bitcoin Enthusiasm Peaks At $100K, Yet Veteran Eyes A $95K Dip

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Bitcoin Enthusiasm Peaks At $100K, Yet Veteran Eyes A $95K Dip

Este artículo también está disponible en español.

The consistent retail demand for Bitcoin at the $100,000 mark, which indicates high investor confidence, has recently drawn notice. However, because short-term holders are driving the present accumulating trend, market watchers are warning of a possible fall to $95,000.

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Retail Investors Accumulate At Record Pace

Retail investors, which include smaller holders termed as “Shrimps” and “Crabs,” have been enthusiastically accumulating Bitcoin. In the last month, Glassnode reports that these groups collectively added 25,600 BTC to their portfolios. That’s nearly twice the amount of newly mined Bitcoin over the same period, a sign of significant demand for the “digital gold” at its price peaks.

The purchasing activity of these smaller investors highlights an even more general retail enthusiasm trend. Nonetheless, experts must still exercise caution. Although this degree of accumulation is remarkable, the dominance of short-term holders (STHs) in this surge introduces an element of risk for market stability.

Short-Term Holders Pose A Risk

Often selling off during slight declines to guarantee gains, STHs are renowned for their fast responses to market changes. Particularly in cases of unexpected volatility for Bitcoin, this reflexive behavior could set off higher selling pressure. Teddy, a market analyst, underlined that the existence of STHs might have a major impact on temporary price swings.

Historically, the markets are also more sensitive to the downtrends with STH. Analysts feel that along with this prevailing trend, at such levels, caution for investors would be prudent.

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BTC is now trading at $105,165. Chart: TradingView

Glassnode: Narrow Bitcoin Range

Another anomaly which Glassnode picked out in the price action of Bitcoin is an unusually tight range over the past 60 days. Such events have been precedents for volatile times ahead.

This coincides with historical trends, which suggest that the market will experience either a breakout or a breakdown soon. While the sustained $100,000 price level reflects optimism, the market’s narrow range adds an air of unpredictability.

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A Possible Pullback Soon?

Given all of these factors, some experts believe Bitcoin may be due for a slight price adjustment in the near future. Some experts, like market veteran Michaël van de Poppe, predict a retreat to $95,000, primarily due to STHs selling in the face of market uncertainty.

For the time being, retail demand remains a solid source of support at $100,000. Investors should, however, brace themselves for volatility and keep an eye out for market indicators. As Bitcoin trades near its peak, the interaction of retail euphoria and market risks will determine its next moves.

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At the time of writing, Bitcoin was trading at $105,141, up 3.2% and 3.2% in the daily and weekly timeframes.

Featured image from Vecteezy, chart from TradingView

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Ledger Co-Founder’s Kidnapping Highlights Threat of Crypto Robberies

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(Tom Masson/Getty Images)

David Balland, co-founder of cryptocurrency wallet developer Ledger, was rescued in a police operation after being kidnapped in a ransom attack in France, according to reports, putting an end to days of swirling rumors.

Paris Prosecutor Laure Beccuau said that Ballard and his wife were kidnapped on early Tuesday from their home in Central France and held captive at two separate addresses, Reuters reported on Friday. The prosecutor said that the kidnappers contacted another Ledger co-founder to demand ransom paid in cryptocurrencies.

A police operation involving French elite forces GIGN freed Ballard on Wednesday and his wife was found on Thursday, the prosecutor said. Ballard was taken to hospital to receive treatment to one of his hands, which was mutilated, Beccuau said, without revealing further details, according to Reuters. Local newspaper Le Parisien reported that the attackers severed Ballard’s finger and sent it to associates to extort a ransom.

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“We are deeply relieved that David and his wife have been released, and are now safe,” Pascal Gauthier, chairman and CEO of Ledger, said in a statement shared with CoinDesk.

Rumors circulated on social media earlier this week that one of the co-founders of Ledger had been kidnapped. Reports alleging that Eric Larchevêque, another co-founder of the company, was the victim turned out to be false. CoinDesk reached out to Ledger for confirmation at the time, but the company didn’t comment.

“Our top priority was always to allow law enforcement to do their jobs and protect the integrity of the investigation,” CEO Gauthier said. “We respected law enforcement requests around safeguarding critical details of the ongoing investigation and appreciated members of the press who did the same.”

The incident was another example of an alarming trend of robberies and crime targeting crypto traders and industry figures as the crypto bull market marches on creating riches to investors. For example, Dean Skurka, the CEO of WonderFi, a publicly listed crypto holding company that owns one of Canada’s largest crypto exchanges, was kidnapped for a ransom in Toronto last year.

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“Have seen an uptick in irl [real life] robberies targeting crypto traders located in Western Europe over the past few months,” popular blockchain sleuth ZachXBT posted on Telegram. “The cases all involve known people in the crypto community where they were held at gunpoint. As the rest of the cycle continues, be extra mindful of who you share your wins with and meet up with [in real life].”

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Donald Trump in fiery call with Denmark’s prime minister over Greenland

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Donald Trump insisted he was serious in his determination to take over Greenland in a fiery telephone call with Denmark’s prime minister, according to senior European officials.

The US president spoke to Mette Frederiksen, the Danish premier, for 45 minutes last week. The White House has not commented on the call but Frederiksen said she had emphasised that the vast Arctic island — an autonomous part of the kingdom of Denmark — was not for sale, while noting America’s “big interest” in it.

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Five current and former senior European officials briefed on the call said the conversation had gone very badly.

They added that Trump had been aggressive and confrontational following the Danish prime minister’s comments that the island was not for sale, despite her offer of more co-operation on military bases and mineral exploitation.

“It was horrendous,” said one of the people. Another added: “He was very firm. It was a cold shower. Before, it was hard to take it seriously. But I do think it is serious, and potentially very dangerous.”

The details of the call are likely to deepen European concerns that Trump’s return to power will strain transatlantic ties more than ever, as the US president heaps pressure on allies to give up territory.

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Trump has started his second term musing about potentially taking over Greenland, the Panama Canal, and even Canada.

An aircraft alledgedly carrying US businessman Donald Trump Jr. arrives in Nuuk, Greenland on January 7, 2025.
Donald Trump Jnr allegedly landing in Nuuk, Greenland, earlier this month © Ritzau Scanpix/AFP/Getty Images

Many European officials had hoped his comments about seeking control of Greenland for “national security” reasons were a negotiating ploy to gain more influence over the Nato territory. Russia and China are both also jostling for position in the Arctic.

But the call with Frederiksen has crushed such hopes, deepening the foreign policy crisis between the Nato allies.

“The intent was very clear. They want it. The Danes are now in crisis mode,” said one person briefed on the call. Another said: “The Danes are utterly freaked out by this.”

A former Danish official added: “It was a very tough conversation. He threatened specific measures against Denmark such as targeted tariffs.”

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The Danish prime minister’s office said it did “not recognise the interpretation of the conversation given by anonymous sources”.

Greenland, home to just 57,000 people, is an entry point to new shipping routes gradually opening up through the Arctic; it also boasts abundant but hard to access minerals.

“President Trump has been clear that the safety and security of Greenland is important to the United States as China and Russia make significant investments throughout the Arctic region,” a White House National Security Council spokesperson said.

“The President is committed to not only protecting US interests in the Arctic but also working with Greenland to ensure mutual prosperity for both nations.”

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Trump threatened in early January to impose duties on Denmark if it opposed him on Greenland. He also declined to rule out using military force to take control of the island.

“People really don’t even know if Denmark has any legal right to it but, if they do, they should give it up because we need it for national security,” Trump said at a press conference days before taking office.

“I’m talking about protecting the free world,” he added. “You have China ships all over the place. You have Russian ships all over the place. We’re not letting that happen.”

Map of Greenland showing mineral and oil deposits

Múte Egede, Greenland’s prime minister, has repeatedly stressed that the island’s inhabitants want independence rather than US — or Danish — citizenship. But he has welcomed US business interest in mining and tourism.

Frederiksen held a meeting with chief executives of large Danish companies including Novo Nordisk and Carlsberg last week to discuss Trump’s threats, including potential tariffs against her country.

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On the day of the Trump call, she told Denmark’s TV2: “There is no doubt that there is great interest in and around Greenland. Based on the conversation I had today, there is no reason to believe that it should be less than what we have heard in the public debate.”

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QNAP says it has fixed several major vulnerabilities in NAS backup, recovery app

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QNAP says it has fixed several major vulnerabilities in NAS backup, recovery app


  • QNAP said it addressed six flaws in its Hybrid Backup Sync tool
  • The flaws stemmed from rsync, an open-source file syncing tool
  • Users are advised to update their HBS immediately

QNAP has addressed half a dozen vulnerabilities affecting its Hybrid Backup Sync (HBS) software.

In a security advisory, the company noted the vulnerabilities were discovered in rsync, an open source file synchronization tool used to transfer and sync files between systems. It supports local and remote operations via SSH, and minimizes data transfer with incremental updates. Many backup solutions use rsync, including Duplicity, Bacula, Rclone, and others.

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Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right

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Trump Did Not Free Ross On Day One Because Of Course He Didn’t

Follow Anastasia on X.

Last night, President Trump signed the “Digital Assets” executive order (EO), and let’s just say Bitcoiners are feeling… sour. Initially, rumors swirled that this might be the long anticipated Strategic Bitcoin Reserve (SBR) legislation. But nope — not even close. Bitcoin reserve didn’t get a single mention.

Instead, the EO said:

“The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.”

Translation: This EO looks like a vague “let’s study shitcoins” roadmap rather than a bold step toward a Strategic Bitcoin Reserve. If you were hoping for a nation state orange pill moment, this ain’t it.

But before you rage tweet, take a deep breath. There is a silver lining. The EO does outlaw CBDCs — a huge win for freedom money and a more Bitcoin-aligned future.

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And, as Senator Cynthia Lummis reminded us yesterday, her Strategic Bitcoin Reserve Bill is “a BIG lift”:

Why is this good news? Let’s break it down:

  • Executive Orders Are Fragile: EOs are quick to implement but can be easily reversed by the next administration. They’re political Post-it Notes, not permanent fixes.
  • Legislation Is Durable: Laws passed through both houses of Congress are far harder to repeal. Lummis’ long term strategy aims to cement Bitcoin’s role in the U.S. economy for generations, not just the next election cycle. She is taking the low time preference route, and I salute her for that.

Senator Lummis said it herself in an X DM she allowed me to share:

“Even if the EO had been an outright Strategic Bitcoin Reserve, the next administration (after Trump) could undo it (what’s done administratively can generally be undone administratively). So, in order to get the 20-year minimum HODL, which my bill calls for, and meaningfully address America’s debt, we have to go through the legislative process (passage through both the House and Senate) to get it to the President’s desk for signature.

It’s really important that we have momentum for a marathon, not a sprint. I don’t want people getting discouraged. The trajectory is to the moon but we have to stick with it and work the process. Lots to do but the EO was a great jumping-off point to get us there.”

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So yes, the EO feels like a quick win for crypto execs eager to pump their bags. But the real fight for Bitcoin’s future is just beginning.

A congressionally approved SBR is better than an SBR via Executive Order. Full stop!

Bitcoin has always thrived in adversity. Whether it’s bans, restrictions, or now the “national digital asset stockpile” nonsense, Bitcoin’s resilience is unmatched. As Senator Lummis works to push the Strategic Bitcoin Reserve Bill through Congress, individual states are already leading the charge. States are introducing Bitcoin-specific reserve legislation, not vague “digital asset” plans.

Meanwhile, global momentum is building. Putin didn’t say, “no one can control digital assets,” he said “no one can control Bitcoin”. Nation states aren’t about to FOMO into $TRUMP or FARTCOIN. They’re watching, learning, and inching closer to Bitcoin.

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Bitcoin wins because it is superior money. Every piece of news, even setbacks, is ultimately bullish for Bitcoin because it exposes weaknesses in fiat and strengthens Bitcoin’s narrative. So stay patient. The slow burn will be worth it.

See you in Vegas — and remember: best money wins.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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Solana and Chainlink Investors Add Lightchain AI, Eyeing an 11,090% Upside

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Solana and Chainlink Investors Add Lightchain AI, Eyeing an 11,090% Upside

Solana and Chainlink investors are now turning their attention to Lightchain AI, intrigued by the potential for explosive growth. With predictions pointing to an impressive 11,090% upside, this emerging cryptocurrency has quickly gained traction among the crypto community.

As seasoned investors look for the next big opportunity, Lightchain AI stands out as a promising option in 2025, attracting those who are seeking higher returns and a chance to capitalize on its early-stage momentum. The question is; will it outperform its rivals?

Why Solana and Chainlink Investors Are Turning to Lightchain AI

As Solana and Chainlink investors seek new opportunities in the evolving blockchain landscape, Lightchain AI is quickly emerging as a top choice. The project offers unique innovations like its Proof of Intelligence (PoI) consensus mechanism and decentralized governance, which are poised to address the scalability and efficiency challenges that current blockchain networks face.

Investors are drawn to Lightchain AI’s groundbreaking approach to smart contracts and decentralized applications, with the potential for faster transactions and lower costs. Additionally, its commitment to stability and steady growth during its ongoing presale has fostered confidence among those looking for long-term value.

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With the presale price set at $0.005, Lightchain AI represents an exciting, promising opportunity for those seeking to diversify their portfolios in the blockchain space.

11,090% Upside- What Makes Lightchain AI Game Changer

Lightchain AI is ready to bring great chance for growth, with its aim to cut down delay and give special token plans that encourage all users of the network. Its token plan is made to help keep value over time for investors and builders, making sure a fair share of tokens goes to presale backers, validators, builders and helpers.

This model helps the platform’s aim of growing its system while keeping strong decentralization. With a focus on quick AI tasks, Lightchain AI makes sure transactions go faster, making it great for uses needing real-͏time answers.

Using new tech and improving the AI setup, the platform keeps wait times low, allowing smooth work. As Lightchain AI grows it its smart token plans and strong AI skills put it in place for a huge jump with maybe a 11,090% gain.

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Lightchain AI’s Explosive Potential- What to Expect in the Coming Year

Lightchain AI is gearing up for a breakout year, and it’s catching everyone’s attention. With its presale price at just $0.005, this innovative blockchain project is quickly becoming a hot topic among savvy investors. So, what’s driving the buzz? Game-changing features like enhanced scalability, efficient decentralized governance, and unique AI-powered solutions are setting Lightchain AI apart from the competition.

This platform isn’t just keeping up with the blockchain revolution—it’s leading it. By tackling some of the biggest challenges in the space, Lightchain AI is positioning itself as a major player in the industry. And with global demand for faster, smarter, and more scalable blockchain networks on the rise, the timing couldn’t be better.

As Lightchain AI continues to evolve and attract attention, its value is expected to skyrocket in the years ahead. Don’t miss your chance to get in early on this emerging cryptocurrency—big things are on the horizon!

https://lightchain.ai

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https://lightchain.ai/lightchain-whitepaper.pdf

https://x.com/LightchainAI

https://t.me/LightchainProtocol

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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EU Unlikely to Rely on Sanctions to End Russian LNG Imports

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The European Union is unlikely to propose phasing out Russian liquefied natural gas as part of a new package of sanctions targeting Moscow for its invasion of Ukraine, according to people familiar with the matter.

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Mark Zuckerberg wants you to know he has a big AI data center, too

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Mark Zuckerberg wants you to know he has a big AI data center, too

Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.

The announcement reads like a response to the big AI data center news touted by competitors earlier this week. On Tuesday, President Donald Trump joined OpenAI’s Sam Altman, Softbank’s Masayoshi Son, and Oracle’s Larry Ellison as they announced Project Stargate, a $500 billion joint venture that will build sprawling AI data centers in Texas and other parts of the country. City documents seen by Bloomberg suggest the Texas data center will be as big as New York’s Central Park.

Zuckerberg said he expects to end the year with over 1.3 million GPUs, while “significantly” growing the company’s AI team. “This will be a defining year for AI,” Zuckerberg wrote. “In 2025, I expect Meta AI will be the leading assistant serving more than 1 billion people, Llama 4 will become the leading state of the art model, and we’ll build an AI engineer that will start contributing increasing amounts of code to our R&D [research and development] efforts.”

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Crypto czar David Sacks likens Trump’s memecoin to a ‘baseball card’

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President Trump’s controversial memecoin took the crypto world by storm, but not everyone thinks it’s a good idea.

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It’s still Trump’s first week in office, and Elon Musk’s DOGE has already lost two key players

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Top lawyer William McGinley exits as DOGE faces multiple lawsuits over transparency. Read More

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