Bernstein analysts foresee a crypto bull market fueled by Trump’s pro-bitcoin stance, urging investors to seize this opportunity for gains, with a $ 200K bitcoin target by 2025. Bernstein Calls for Aggressive Crypto Investment Amid Pro-Bitcoin Policies Leading research and brokerage firm Bernstein, with analysts led by Gautam Chhugani, has issued a strong recommendation …
SEC Crypto Litigation Releases – October 2024
The SEC has escalated its crackdown on crypto market manipulation, filing charges against multiple market makers and individuals for allegedly using deceptive tactics—such as wash trading and volume inflation—to mislead investors about the demand for various crypto assets marketed as securities. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. […]
FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round
PRESS RELEASE. NEW YORK, NY (November 12, 2024) – BetHog, a new cryptocurrency casino and sportsbook, announces its public launch with $ 6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors including Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC …
How a ‘No Questions Asked’ Crypto Scheme Became a Federal Target
A Danvers, Massachusetts man, Trung Nguyen, was convicted of money laundering and operating an unlicensed cryptocurrency business that converted over $ 1 million in cash to bitcoin. Through his company, National Vending, Nguyen ran a “no questions asked” cash-to-bitcoin service from 2017 to 2020, knowingly processing funds for criminals, including a meth dealer and …
Value Locked in Defi Hits $100 Billion—But Six Giants Hold the Bulk of Crypto Assets
As of press time, the crypto economy is sitting at a hefty $ 2.69 trillion, with the digital currency market posting substantial gains this week. Over the weekend, the total value locked (TVL) in decentralized finance (defi) climbed past the $ 100 billion mark. Defi TVL Crosses the $ 100B Mark Reaching …
$97 Billion and Growing: Solana’s Staggering Climb Captivates Crypto Market
In the latest twist of crypto market action, solana (SOL) has waltzed past binance coin (BNB) this week, securing its place as the fourth largest digital asset by market cap. Solana Surges Ahead Currently, solana boasts a market cap of $ 97.68 billion, capturing 3.66% of the $ 2.67 trillion crypto economy. As …
Sunday Shockwave: Bitcoin’s $80K Surge Triggers Massive $430M Crypto Liquidation
As bitcoin and ether climb steadily, driving the crypto economy upward, a wave of liquidations has swept through the crypto derivatives markets. In the past 24 hours alone, more than $ 300 million in short positions were liquidated. $ 300M in Short Bets Liquidated as BTC Hits All-Time High Just before 7 a.m. …
What to Expect for Crypto Under Trump’s New Administration
A Moody’s digital assets expert outlines how a Trump administration and pro-crypto Congress could reshape U.S. crypto regulation, hinting at major industry impacts. Expert Analysis: How Trump’s Victory Could Reshape Crypto Regulation Cristiano Ventricelli, vice president for digital assets at Moody’s Ratings, discussed the potential implications of a Trump-led Republican administration on cryptocurrency regulation, suggesting […]
What’s Next for XRP? Ripple CEO Discusses Crypto Landscape Shift
Ripple and XRP could face a turning point as new pro-crypto regulatory shifts promise renewed hope and potential resolution to years-long legal battles. XRP’s Future: Ripple CEO Hints at a New Chapter on the Horizon Ripple CEO Brad Garlinghouse shared his views on social media platform X Friday, highlighting potential regulatory shifts for cryptocurrency under […]
Report: Crypto Traders Lean Toward Leveraged Long Positions After Trump Victory
A report indicates that post-U.S. elections, traders are favoring leveraged long positions in perpetuals and futures contracts. Trump’s Victory Brings Stability to Markets According to a new report by Bybit and Block Scholes, market trends in the period immediately after the U.S. elections suggest traders are leaning strongly toward leveraged long positions, especially in perpetuals […]
Record Week for Crypto ETFs as Bitcoin and Ether Funds Settle Billions in Volume
The Fake Investigator Scam: Police Warn of Crypto Cons Draining Accounts
A Pennsylvania State Police unit is advising the public of a new bitcoin scam targeting vulnerable individuals, particularly seniors. Scammers contact them through email, phone, or other electronic means, claiming there’s a fraudulent activity involving their personal information. Posing as representatives of the victim’s financial institution, these scammers then direct victims to contact a supposed […]
Crypto Exec Abducted in Broad Daylight — Why Crypto Wealth Now Comes With Grave Risks
The abduction of a crypto CEO exposes stark security risks for high-profile crypto holders as bitcoin’s soaring value increasingly attracts criminal attention. An Abduction in Toronto Reveals Hidden Dangers for Crypto Holders The president and CEO of the Toronto-based cryptocurrency firm Wonderfi, Dean Skurka, was reportedly abducted in a high-traffic area of Toronto during rush […]
Trump’s SEC Overhaul Looms — Crypto Advocates Eye Gensler’s Replacement
Who will lead the SEC after Trump fires Gary Gensler? Crypto advocates hope for a shift toward clarity and innovation over enforcement. Eyes on the SEC: How a Key Power Shift Could Redefine Crypto’s Path Following the U.S. presidential election, speculation is rising about a possible leadership shift at the U.S. Securities and Exchange Commission […]
Binance Exec Predicts Crypto Surge With Bitcoin Poised to Reshape Global Finance
Bitcoin and crypto are at a pivotal moment, says a Binance executive, with record highs signaling growing adoption, stability, and expanding global financial influence. Beyond the Peak: Binance Reveals What’s Next for Crypto and Bitcoin’s Global Influence Binance’s head of regional markets, Vishal Sacheendran, offered his outlook for the crypto industry on Thursday, following bitcoin’s […]