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The cryptocurrency industry has seen substantial swings since its early days. While the sector has experienced significant growth, the budding asset class continues to mystify young and old investors 

The cryptocurrency industry has seen substantial swings since its early days. While the sector has experienced significant growth, the budding asset class continues to mystify young and old investors who want to make an entry into blockchain-based assets. Let's debunk 3 crypto myths that new investors often worry about.3 Crypto Myths DebunkedCryptocurrency symbols on office wall ChinaSource: Business StandardThe first myth, or rather rumor, that new investors face is the idea of making massive returns overnight. There are stories about investors making millions of dollars in profit with minimal capital. While there are such cases, it is definitely not the norm. On the contrary, many investors have lost significant amounts of money in the crypto space. The thing to remember about the cryptocurrency market is that it kind of works in cycles. Long term holders have often seen good returns, compared to the short term player. The second myth about cryptocurrencies people often have is that the sector is a scam in general. Although there are plenty of scams and exploits within the cryptocurrency space, not all coins are out to drain your money. However, it is extremely important that investors do due diligence before investing in an unknown or new crypto project. Rug pulls are a common crypto scam where the developers make away with investor money. Be sure to do proper research on the project you want to invest in.
It is safer to invest in the known cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), etc.Also Read: 3 Altcoins For Your Watchlist Before The Next Bull RunThe third myth that many may believe in is that the cryptocurrency sector has no oversight. While this was the case for many years, it is slowly changing.
The SEC and CFTC have classified Bitcoin
(BTC), Ethereum (ETH), and a few other cryptocurrencies as digital commodities.
Moreover, t

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The cryptocurrency industry has seen substantial s

CHIP: Yield-Bearing Synthetic Stablecoin

Nike is facing a proposed class action lawsuit after consumers accused the global sportswear giant of failing to return tariff-related costs that were allegedly passed on through higher product prices

Nike is facing a proposed class action lawsuit after consumers accused the global sportswear giant of failing to return tariff-related costs that were allegedly passed on through higher product prices. The lawsuit, filed in federal court in Portland, Oregon, claims Nike could receive substantial tariff refunds from the U.S. government while consumers who paid inflated prices receive nothing in return. According to the complaint, Nike increased prices on several products after former President Donald Trump imposed broad import tariffs under the International Emergency Economic Powers Act. The company reportedly raised footwear prices by $5 to $10 and apparel prices by $2 to $10 to offset the financial impact of the tariffs.
Nike previously stated it had paid around $1 billion in tariffs on imported goods because of those trade measures.Consumers argue that the U.S. Supreme Court's February decision striking down the tariffs means Nike may recover a significant portion of those payments from the government. The lawsuit alleges that keeping both the consumer price increases and the refunded tariff money would allow Nike to benefit twice from the same costs. The complaint states that Nike has not made any legally enforceable promise to reimburse customers for the additional charges tied to tariffs.
Plaintiffs are seeking court intervention to prevent the company from retaining what they describe as unfair profits. Nike has not yet publicly responded to the allegations.
The sportswear company joins other major brands facing similar lawsuits, including Costco and Ray-Ban owner Essilor Luxottica, over claims related to tariff refund practices. During a March 31 earnings conference call, Nike indicated that the fiscal quarter ending in August 2026 could be the final period in which tariffs significantly impact its gross margins. The outcome of the lawsuit may have broader implica

Nike is facing a proposed class action lawsuit

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HTX Community April Creation ContestHTX Creation Challenge — Post and Win 1,500U 💥BTC Price Guess: 18M HTX Awaits You Phong Le, CEO of Strategy, one of the world’s largest institutional Bitcoin holder

Phong Le, CEO of Strategy, one of the world’s largest institutional Bitcoin holders, announced a significant change in the company’s Bitcoin management strategy. Speaking in an exclusive interview with CNBC, Le stated that they have shifted from a “never sell” approach to an active management model that maximizes shareholder value.

Phong Le stated that the company can now use its Bitcoin assets for liquidity and dividend payments when needed, instead of simply holding them. CEO Le said, “I believe in mathematics rather than ideology. If selling Bitcoin becomes a more profitable option than issuing new shares to pay dividends to our shareholders, we will do it.”

Le argued that the primary goal of this strategy was to increase the “amount of Bitcoin per share” and protect the rights of existing shareholders, adding that the Bitcoin sale would be evaluated specifically based on the relationship between the company’s book value and market price, and on tax advantages (profit/loss balance).

Responding to questions about the company’s preferred stock, “Stretch,” which offers a monthly return of 11.5%, Le reminded them of the company’s annual dividend obligation of $1.5 billion. Stating that they have the capacity to meet 18 months of dividends at current levels, Le reassured investors by saying, “We have approximately $60 billion in Bitcoin reserves to secure these payments.”

Addressing concerns about whether Strategy’s sales, given its massive market position, would affect the Bitcoin price, the CEO made the following statement:

“The Bitcoin market has a daily trading volume of over $60 billion. Our total annual dividend payments, however, are only $1.5 billion. On a daily basis, our transactions account for only a few basis points of the total liquidity. Therefore, we are not manipulating the market price upwards or downwards.”

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On May 9, Bitcoin bulls received another macro narrative. Ray Dalio, founder of Bridgewater Associates, warned that the $39 trillion debt crisis in the U.S. could lead to a long-term devaluation or ev

Warning of Dollar 'Collapse': Bridgewater's Dalio Says $39 Trillion Debt Could Trigger Crisis, Wall 

MU: Top Memory Chip Maker 

HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Price Guess: 18M HTX Awaits You Marco Rubio sanctions Chinese entities over satellite imagery supplied to Iran Sec

Marco Rubio sanctions Chinese entities over satellite imagery supplied to Iran
Secretary of State Marco Rubio announced that Washington has imposed sanctions on Chinese entities accused of providing Iran with satellite imagery, intelligence that reportedly supported attacks against US forces stationed in the Middle East. The move represents a significant escalation in the US strategy to sever the technological lifelines feeding Tehran’s military operations.

Beyond the satellite imagery providers, the sanctions also swept up Iran’s overseas arms procurement networks and international companies alleged to have supplied raw materials for the country’s missile and drone programs.




Marco Rubio sanctions Chinese entities over satell

• GBP/NZD edged higher on Friday as sterling remained supported despite early local election results in the United Kingdom. • British Prime Minister Keir Starmer pledged to remain in office and "deliv

• GBP/NZD edged higher on Friday as sterling remained supported despite early local election results in the United Kingdom. • British Prime Minister Keir Starmer pledged to remain in office and "deliver change" after his ruling Labour Party suffered heavy losses in local elections. • Support for Keir Starmer's Labour Party dropped sharply in areas reporting overnight, with results still coming in on Friday. Meanwhile, Reform UK, led by Nigel Farage, emerged as the main beneficiary, gaining more than 350 council seats across England. • Investors have grown wary that if Keir Starmer were forced out, he could be replaced by a more left-leaning Labour Party leader, potentially leading to higher public borrowing and adding pressure on debt and currency markets. • UK markets have been jittery in the run-up to the local elections as some investors think the likely replacements for Starmer would move Labour leftwards and increase spending, adding to the pressure on government bonds. • Immediate resistance is located at 2.955(50%fib), any close above will push the pair towards 2.3127(Higher BB). • Immediate support is seen at 2.2817 (Lower BB) and break below could take the pair towards 2.2705(38.2).Recommendation: Good to sell around 2.2960 with stop loss of 2.3080 and target price of 2.2780Gold is meant to be a
'safe haven' in uncertain times. Why is it crashing amid a war?Wall Street Slides as Iran War Uncertainty, Oil Surge, and Al Fears Rattle MarketsSpaceX IPO Filing Expected This Week as Valuation Could Surpass $75
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• GBP/NZD edged higher on Friday as sterling remai

HTX Community April Creation Contest$110K Spring Airdrop Rain—18 Days Straight!HTX Creation Challenge — Post and Win 1,500U 💥Aave Court Clears Path for $71M ETH Transfer in North Korea-Linked Hack Cas

$110K Spring Airdrop Rain—18 Days Straight!

Aave Court Clears Path for $71M ETH Transfer in North Korea-Linked Hack Case

A U.S. federal judge has cleared a major legal hurdle allowing Aave to move approximately $71 million in ETH that was previously frozen in connection with a hack linked to North Korea.

The funds are tied to a major exploit involving stolen assets, where blockchain security teams managed to freeze a portion of the ETH before it could be fully laundered. The latest court decision now allows governance procedures to proceed so the recovered assets can be transferred for further handling under legal oversight.

Key highlights:

 Court allows movement of ~$71M in frozen ETH

 Funds linked to North Korea-associated hack case

 Assets were previously recovered and locked via blockchain coordination
 Market impact: positive signal for DeFi recovery efforts


Analysts say this decision is important for decentralized finance, as it supports the idea that recovered stolen funds can be managed through legal and protocol-based recovery systems instead of remaining permanently frozen.

The case highlights growing tension between legal enforcement and DeFi recovery mechanisms, while Aave continues to play a central role in handling the aftermath of the exploit.

Aave Court Clears Path for $71M ETH Transfer in No

Marco Rubio sanctions Chinese entities over satellite imagery supplied to Iran HTX Community April Creation ContestHTX Creation Challenge — Post and Win 1,500U 💥Everything Can Be Huobao Secretary of S

Marco Rubio sanctions Chinese entities over satellite imagery supplied to Iran




Secretary of State Marco Rubio announced that Washington has imposed sanctions on Chinese entities accused of providing Iran with satellite imagery, intelligence that reportedly supported attacks against US forces stationed in the Middle East. The move represents a significant escalation in the US strategy to sever the technological lifelines feeding Tehran’s military operations.

Beyond the satellite imagery providers, the sanctions also swept up Iran’s overseas arms procurement networks and international companies alleged to have supplied raw materials for the country’s missile and drone programs.



Democratic Senator Elizabeth Warren questioned Meta CEO Mark Zuckerberg about the company’s stablecoin plans, warning of serious risks to financial stability, competition, privacy, and payments integr

Democratic Senator Elizabeth Warren questioned Meta CEO Mark Zuckerberg about the company’s stablecoin plans, warning of serious risks to financial stability, competition, privacy, and payments integrity.

Meta’s Stablecoin Trials Under Scrutiny

This week, US Senator Elizabeth Warren sent a new letter to Meta’s founder and CEO, Mark Zuckerberg, raising concerns about the company’s plans to integrate stablecoins into the platform.

In the letter, the Ranking Member of the Senate Banking Committee highlighted recent reports suggesting that Meta was conducting a “small and focused” trial with a third-party stablecoin and that the company plans to begin its integration in the second half of this year.

￼

Warren's letter to Meta's Zuckerberg. Source: Senate Banking Committee

As reported by Bitcoinist, Meta began rolling out USDC payouts for select creators in Colombia and the Philippines last month, using Solana and Polygon as supported blockchain rails.

Warren affirmed that it is “essential” for the US Congress to fully understand the implications of Meta’s integration plans as it considers the crypto-market structure bill, the CLAIRTY Act.

“Any attempt to control, influence, or preference a stablecoin on Meta’s platforms–even a stablecoin issued by a third party–could have serious implications for competition, privacy, the integrity of our payments system, and financial stability,” she argued.

The Senator also raised concerns about the lack of transparency, underscoring Meta’s failed attempt to launch its own stablecoin six years ago. For context, the company announced its Libra project in 2019, but it was ultimately shut down in 2022 after massive pressure from US regulators and politicians.


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Democratic Senator Elizabeth Warren questioned Meta CEO Mark Zuckerberg about the company’s stablecoin plans, warning of serious risks

HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Shakes at $80K—Up or Down?Bitcoin News: $120K Path Hits Wage Growth Speed Bump as U.S. Miss Payrolls Bitcoin is tr

Bitcoin News: $120K Path Hits Wage Growth Speed Bump as U.S. Miss Payrolls

Bitcoin is trading below $80,000 as Friday’s U.S. nonfarm payrolls news lands with a sharp miss. April job growth clocked just 62,000 against March’s 172,000. It’s a deteriorating labor market that has previously turbocharged Fed pivot expectations and sent risk assets higher.

However, the complication arrives immediately. The average hourly earnings are running at 3.8% year-on-year, up from 3.5% previously, a wage growth print that keeps the inflation alive and the Federal Reserve’s hands partially tied.

The $120,000 Bitcoin thesis needs both sides of this equation to cooperate. A soft labor market clears one path. It signals the Fed can hold or cut rates, lifting risk assets and reducing the opportunity cost of holding BTC. But sticky wages block that path.
The macro logic is straightforward. A hiring slowdown of this magnitude reinforces the case that the U.S. labor market is cooling fast enough to keep the Federal Reserve from tightening further. Markets are currently pricing in steady interest rates through 2026. A print this soft could push that hike expectation further out, which is the definition of a dovish repricing.

For Bitcoin, that transmission mechanism is direct. Lower rate expectations compress the dollar, reduce the yield on competing assets, and historically correlate with BTC accumulation by institutional players. The August 2025 playbook is instructive: a 22,000-job payroll news propelled Bitcoin above $113,000 as rate-cut odds surged to near certainty.


Bitcoin News: $120K Path Hits Wage Growth Speed

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Alhamdulillah setelah proses agak rumit, gas mahal ($2~3) bisa juga punya beberapa koin BRC20 yg lain🧡🟠&nbsp; Bolak balik Uni*sat ➡️ Ok*ex, bikin kesel juga😂 Amanin dulu 1th 2th🟠🧡 <img src="https://d1x7dwosqaosdj.cloudfront.net/images/2023-06-08/9de82b902847027265404f1e4025313b.jpg" alt="IMG_20230608_183331.jpg" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px">

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