Two Bitcoin whales buy $142M BTC after Trump’s win
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.
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Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.

Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout
Ethereum's native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its "ascending triangle" pattern.ETH price breakdown ahead?Ether's price swung between profits and losses on May 2 while trading around $2,825, showing indecisiveness among traders about their next bias. Interestingly, the Ethereum token wobbled…

Universal Music Group sues Anthropic AI over copyright infringement
Universal Music Group, Concord Publishing and ABKCO Music & Records alleged that Anthropic “unlawfully” copied and disseminated “vast amounts of copyrighted works” from the publishers. 100 Total views 2 Total shares Universal Music Group (UMG), Concord Publishing and ABKCO Music & Records have filed a lawsuit against the artificial intelligence (AI) startup Anthropic on accusations

Bitfinex, Tether Formally Contest US Court Case Over Alleged $850 Million Fraud
The operator of cryptocurrency exchange Bitfinex and stablecoin Tether (USDT) is planning to vacate the court order that accuses it of an $850 million funds loss, a document confirmed on May 5.IFinex, which received scrutiny from the New York Attorney General late last month, is now questioning the authority’s legal basis for its accusations.Cryptocurrency markets…

Fed rate cut may be politically motivated, will increase inflation: Arthur Hayes
The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris.

FATF Meeting Scheduled to Discuss VASPs Compliance With Travel Rule
The Financial Action Task Force (FATF) has a plenary meeting scheduled on June 24 to assess the progress of Virtual Asset Service Providers (VASPs) worldwide in enforcing the organization’s “travel rule”.According to Pawel Kuskowski at Forbes, the FATF meeting will be held virtually in two weeks to discuss the organization’s guidelines intended to make VASPs…

There Are Over 13K Bitcoin Addresses Worth $1M
Over 13,000 Bitcoin addresses hold over $1 million worth of Bitcoin. 500 Total views 11 Total shares There are over 13,000 Bitcoin (BTC) addresses that are worth at least $1 million, according to data from Glassnode.107 BTC to become a millionaireAt the current prices, it takes about 107 BTC for an address to become a…