Gotbit founder sentenced to 8 months for crypto wash trading scam
Aleksei Andriunin, founder and CEO of crypto market maker Gotbit, has been sentenced to eight months in prison for his role in a multi-million-dollar wash trading scheme that inflated trading volumes for various cryptocurrencies. The sentencing was handed down by…...
Read More
Pi crypto value rebounds: key levels to watch
After a dramatic drop below the value area low, Pi Network has shown strong signs of recovery, bouncing from its swing low with aggressive demand. The buying wick printed on the latest daily candle confirms a strong reaction from what…...
Read More
Charles Hoskinson Proposes $1 Billion Cardano Sovereign Wealth Fund
Charles Hoskinson has laid out the broad contours of what he calls a “decentralized sovereign wealth fund” for Cardano, arguing in a 18-minute livestream on 12 June that the network’s treasury should be actively managed, diversified beyond ADA, and ultimately expanded into a multi-asset portfolio worth at least a...
Read More
How to legally stake crypto in 2025: What is now allowed after the SEC’s latest move
The SEC’s 2025 guideline clarifies the regulatory stance regarding crypto staking. It states what is and isn’t allowed and how you can stake lawfully....
Read More
$8.2 million company with stock down 99.8% to invest $500 million in crypto, 50% down since Jan. What could possibly go wrong?
Nasdaq-traded company from Austin, Texas, Interactive Strength, made headlines by betting big on AI tokens. It announced setting up a crypto treasury and investing $500 million in Fetch AI token (FET). The problem is that the company is far from…...
Read More
Panic or opportunity? What crypto capitulation tells smart investors
Crypto market capitulation refers to a point of extreme selling pressure when investors panic and sell off assets, often marking the bottom of a market cycle....
Read More
TON Down 8% After Israeli Strikes Against Iran
Telegram’s token TON dipped 8% in 24 hours, dropping from $3.20 to a low of $2.93 with significant selling pressure, according to CoinDesk research’s technical analysis model. TON was hit harder than other cryptocurrencies in the CoinDesk 20: the index (which includes the top 20 coins by market capitalization...
Read More
Brazilian Firm Meliuz’s Shares Fall After Planning to Raise $32.4M to Buy Bitcoin
Brazilian fintech firm Meliuz (CASH3) plans to raise R180.08 million ($32.4 million) through an equity offering, according to a filing. The funding is earmarked specifically for the purchase of bitcoin, aligning with the company’s recent strategic shift to incorporate bitcoin into its balance sheet. The offering, priced at R7.06...
Read More
Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says
The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin BTC mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday. “Four of the five operators in our coverage reported record revenue and profits,” analysts Reginald Smith and Charles Pearce...
Read More
ETF filings explode in 2025, heating hopes of an ‘altcoin summer’
This year has seen an uptick in the number of altcoin ETF applications, with at least 31 filed in the first half of 2025, Cointelegraph Research found....
Read More