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A cryptocurrency trader who had amassed over $11 million in profits with TRUMP memecoin has given it all back, accumulating more than $21 million in losses amid the tariffs crash. This weekend, Donald Trump started a trade war by implementing tariffs against China, Canada, and Mexico, crashing all markets worldwide. While Canada and Mexico tariffs are currently on hold, China has retaliated, imposing their own tariffs against the United States.  Under the macroeconomic uncertainty, most cryptocurrencies struggle at low prices, leaving many traders underwater, with massive realized and unrealized losses. Interestingly, TRUMP coin is one of the most affected in all this mess, punishing Donald Trump’s fans who bought it. Picks for you Tesla shipped nearly 4,900 vehicles a day in 2024 16 mins ago ...

Investors are furious over Haliey Welch’s Hawk Tuah (HAWK) meme coin launch, filing SEC complaints after a brief surge followed by a 91% drop amid insider trading allegations. “I really lost $43k apeing in hawk tuah coin,” one disgruntled investor said in a Dec. 5 X post . Hawk Tuah Meme Coin Soars To A Peak Market Cap Of $490 Million The Hawk Tuah meme coin was launched on Dec. 4, 10:00 p.m. UTC. Shortly after its market debut, the token’s market cap soared to a peak of $490 million.  However, not long after reaching its peak valuation, HAWK saw its market cap plunge 91% to $41.7 million. It has since recovered slightly. DexScreener data shows the meme coin’s market cap stands at around $51.7 million as of 1:59 a.m. EST. Aggregated data from DexScreener and Bubblemaps shows that insider wallets and snipers, who are wallets that buy up a large amount of tokens as soon as they launch, controlled approximately 80-90% of the meme coin’s sup...

James Donaldson, better known as MrBeast, is a veritable YouTube superstar. Once a media darling on account of several charitable videos, he appears to be attracting an endless stream of controversy in 2024. Donaldson’s stroke of bad luck began when close collaborator Ava Kris Tyson was accused of impropriety involving a minor — just weeks later, a former employee alleged widespread fraud that would amount to running an illegal lottery — one aimed at children. However, this latest development just might prove to be a turning point for the YouTuber’s career. An initial investigation showed that MrBeast profited as much as $10 million from backing low-cap IDO (initial DEX offering) crypto tokens, as per an X post from online-sleuth SomaXBT. Picks for you Gold hits new highs — Is 2025 set to be ‘extraordinary’ for the precious metal? ...