SEC Drops the Hammer on $198 Million Crypto Ponzi Scheme
The US Securities and Exchange Commission (SEC) charged Ramil Palafox, the founder of the crypto company PGI Global, with orchestrating a massive $198 million Ponzi scheme that misled investors worldwide. Palafox is accused of defrauding investors by promoting PGI Global as a legitimate crypto asset and foreign exchange trading...
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Trader Dumps TRUMP Tokens Before Presidential Dinner Revelation: Meal Cost Early Seller $4.5 Million
A trader missed making millions in profit due to the premature selling of Official Trump (CRYPTO: TRUMP) tokens ahead of a bullish announcement on Wednesday. What Happened: The investor sold all their 630,339 TRUMP, worth $5.48 million, just before the announcement of an exclusive dinner date with President Donald...
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Bitcoin, Ethereum Rise, Dogecoin Falls As Trump Reverses Course On China Tariffs: Analyst Says BTC Setup Bullish But ‘It’s Like Walking On Thin Ice’
Leading cryptocurrencies gained on Wednesday amid reports that President Donald Trump was considering reducing China tariffs. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. ET) Bitcoin (CRYPTO: BTC) +0.47% $93,643.53 Ethereum (CRYPTO: ETH) +2.38% $1,792.14 Dogecoin (CRYPTO: DOGE) -2.57% $0.1785 What Happened: Bitcoin consolidated in the $93,000 range after...
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Binance Whales Taking Charge For Latest Bitcoin Price Explosion, Data Shows
Data shows the Bitcoin Coinbase Premium Gap has plunged into negative territory, a sign that Binance whales may be the ones fueling the rally. Bitcoin Coinbase Premium Gap Has Declined Alongside Latest Price Surge As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Coinbase Premium...
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Crypto Analyst Predicts Dogecoin Will Hit $1.25 In 2025, Here’s Why
Dogecoin is back trading above $0.18, climbing higher after rebounding off a recent higher low. The recovery comes on the back of a new wave of optimism in the cryptocurrency market over the past 24 hours, starting with Bitcoin crossing above $90,000 within this timeframe. According to a prediction...
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Solana Buying for Balance Sheet Gains Momentum as DeFi Development Raises Holdings to $48M
DeFi Development Corp (JNVR), formerly known as Janover, added another $9.9 million in Solana’s SOL to its corporate treasury, pushing total crypto holdings to 317,273 SOL or about $48 million, the company said on Wednesday. The purchase, made through BitGo’s over-the-counter desk, includes a tranche of locked SOL. These...
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Tron network surpasses $70 billion in circulating USDT
TRON network achieves a major milestone with $70 billion in circulating USDT, highlighting its role in global financial infrastructure. The post Tron network surpasses $70 billion in circulating USDT appeared first on Crypto Briefing....
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US President’s planned dinner for TRUMP memecoin holders triggers 52% price surge — Will it last?
Official Trump (TRUMP) jumped 52% on April 23 after the announcement of an exclusive in-person dinner for the top tokenholders with US President Donald Trump. For some crypto advocates, this marks the end of the bear market, especially as Bitcoin (BTC) bounced back above $93,000, but others raise suspicions...
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Crypto Products See Modest $6M Inflows Weekly, Reflecting Mixed Investor Sentiment
Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’...
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Bitcoin Kingpin Or Con Artist? SEC Charges Crypto, Forex Firm Owner Over $200M Fraud
Federal prosecutors and regulators have charged a man they claim operated a massive cryptocurrency fraud scheme that swindled $200 million from 90,000 investors. Ramil Palafox, a dual US and Philippines citizen, allegedly stole more than $57 million from January 2020 through October 2021 through his firm PGI Global, according...
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