A crypto mixer founder is going to jail for 12.5 years after being convicted of money laundering. This sends a strong message that the US government is serious about cracking down on crypto platforms used for illegal activities. Crypto Mixer Founder Sentenced The founder of Bitcoin Fog, a crypto mixing service, was sentenced to 12.5…
A Solana-based decentralized exchange (DEX) token, DRIFT, exploded in value after being listed on Upbit, South Korea’s biggest cryptocurrency exchange. DRIFT Takes Off DRIFT, the native token for the Drift Protocol, saw a massive 400% price surge in just 24 hours. The token hit a new all-time high of $2.60 on Friday, up from $0.51…
The US government’s debt has skyrocketed by a whopping $2 trillion since the start of the year, reaching a staggering $35.91 trillion. That’s almost $36 trillion! IMF Sounds the Alarm The International Monetary Fund (IMF) is ringing the alarm bells, warning that the US needs to get its finances in order. They say the current…
A popular cryptocurrency trader is sounding the alarm on a memecoin that’s been on a wild ride. He’s warning that Moo Deng (MOODENG), a Solana-based memecoin, might be due for a big drop. Moo Deng’s Meteoric Rise and Potential Fall Moo Deng has skyrocketed over 2,000% in just two months, reaching a peak of $0.335…
Bitcoin is on a roll, hitting a new all-time high of $77,239.75 on Friday. This surge comes just one day after the US Federal Reserve decided to lower interest rates again. Fed Cuts Rates to Boost Economy The Federal Reserve, the US central bank, voted to cut interest rates by a quarter of a percentage…
Bitcoin is on fire! Analysts are predicting that the cryptocurrency could see a massive surge in price, potentially reaching new highs. Bitcoin’s Past Performance Points to a Bullish Future Bitcoin has already broken through several all-time highs this year, with the latest one exceeding $77,000. These price jumps were driven by factors like the launch…
Trump’s victory has got crypto investors buzzing, wondering if it’ll send Bitcoin soaring. The market’s already seen a taste of what might happen. Bitcoin’s price jumped after the news, hitting a new high. History Repeating? Crypto analyst Tony “The Bull” Severino noticed something interesting: Bitcoin tends to climb after US elections, but it goes even…
Bitcoin has been on a tear lately, reaching new all-time highs. One analyst thinks it could go even higher, but there’s a condition that needs to be met. Bitcoin Needs to Stay Above $71,480 Analyst Ali Martinez believes Bitcoin could reach $85,360, but only if it stays above $71,480. He’s using a tool called MVRV…
The price of Bitcoin has been soaring, hitting new all-time highs. Other big cryptocurrencies like Ethereum, Solana, and Cardano are also seeing huge gains. But it seems like the party might not be over yet. Whales are Buying Data shows that big investors, known as “whales,” are buying up Bitcoin like crazy. These whales are…
A Chinese government official has been sentenced to life in prison for selling state secrets to foreign contacts. The official, identified as Wang, was motivated by massive losses incurred from cryptocurrency investments. From Good Citizen to Espionage Wang, described as a well-regarded employee by his colleagues and family, turned to online forums to find a…
