Recently, the Southwark Crown Court in London, UK, sentenced Jian Wen to nearly seven years in prison for her involvement in money laundering activities tied to a billion-dollar investment fraud scheme. Wen, a former fast-food worker, was found guilty of laundering significant amounts of Bitcoin linked to a $5.6 billion investment fraud in China. The
The recent fluctuations in the Bitcoin price, dropping from $71,000 to $67,000, have prompted crypto analysts to closely examine the technical indicators to determine where the price might be heading next. According to one analyst, the cryptocurrency has reached a critical zone, with key levels that could provide insight into its future direction. The break
Kabosu, the dog behind the iconic Doge meme and Dogecoin mascot, has left a lasting impact on communities across the internet. Her owner, Atsuko Sato, announced her passing with deep gratitude for the love and support shown over the years. The news of Kabosu’s peaceful passing has brought together pop culture, meme culture, and crypto
Coinbase recently filed a motion for an interlocutory appeal with the US District Court for the Southern District of New York on May 24, expressing concerns that the Securities and Exchange Commission (SEC) is attempting to circumvent the Howey test. The Howey test is used to determine whether a particular transaction qualifies as an investment
Bitcoin whales, a category of investors holding between 1,000 and 10,000 BTC, have demonstrated unwavering bullishness in the flagship cryptocurrency. In the last seven days, these whales have accumulated a substantial 20,000 BTC ($1.4 billion) despite the heightened volatility in Bitcoin’s price. This accumulation coincides with Bitcoin’s recent surge above $70,000, indicating a strong belief
The Dogeverse (DOGEVERSE) presale has been making waves in the cryptocurrency world, with the final opportunity to participate ending soon. This unique multi-chain offering, the $DOGEVERSE meme token, has already raised over $15 million, showcasing its immense popularity and potential among investors. The token is currently priced at $0.00031, but many anticipate that its price
A recent development in Nigeria’s High Court has seen the money laundering trial against Binance and its executive Tigran Gambaryan being adjourned to June 20. The reason behind this adjournment was cited as the executive’s health concerns, as reported by the Economic and Financial Crimes Commission (EFCC) on May 23. The defense counsel, led by
Recently, XRP price witnessed a decline below the $0.520 support level, indicating a bearish trend in the market. However, the price is currently trading above $0.5250 and the 100-hourly Simple Moving Average, suggesting a potential reversal in the near future. Despite the downtrend, there is optimism surrounding an upside break above the $0.5320 resistance level.
Bitcoin, the leading cryptocurrency, has captured the attention of many investors and traders due to its volatile nature. Recently, a crypto analyst known as ‘CrediBullCrypto’ has put forth a bold prediction of an ultra-bull scenario for Bitcoin, suggesting a potential price rally above $80,000 in the current market cycle. This forecast is based on key
The recent approval of a spot Ethereum (ETH) exchange-traded fund (ETF) by the SEC in the US could potentially set a precedent for classifying Solana (SOL) as a commodity rather than a security. This distinction between commodities and securities is crucial, as it impacts the ease of ETF applications and approvals. If Ethereum is classified