U.S. seizes $15b Bitcoin in forced-labor crypto scam case
U.S. federal agents have seized a historic $15 billion in Bitcoin, allegedly the proceeds of a Cambodian criminal network that forced trafficked individuals to run sophisticated cryptocurrency “pig butchering” scams on a global scale. On Oct. 14, the U.S. Department…...
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Interview | Inside Avalanche Treasury’s $200m AVAX-backed public launch
Bart Smith, CEO of Avalanche Treasury, explains why he thinks enterprises should build on Avalanche. Bart Smith, the former executive at the quant trading firm Susquehanna, is taking Avalanche Treasury Co. public through a $675 million SPAC merger. Backed by…...
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Metaplanet stock flashes a death cross as key metric tumbles
Metaplanet stock price plunged and crossed a crucial support level as the company’s net asset value fell below its Bitcoin holdings for the first time. Metaplanet plunges as mNAV falls Metaplanet, a top Bitcoin (BTC) treasury company, plunged to a…...
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XRP price rare candle points to a rebound a RLUSD nears $1b milestone
XRP price has rebounded by more than 40% from its lowest point last Friday. The rebound could accelerate after the formation of a rare candlestick pattern and as growth in the Ripple USD stablecoin continues. Ripple (XRP) token jumped to…...
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XRP Analyst Claims Chart Manipulation, Sets $1.40 Ripple Baseline
XRP is trading at $2.43 at press time, down 7% in the past 24 hours and 18% over the last week, according to CoinGecko. A crypto analyst has raised concerns about price inconsistencies across exchanges and announced a shift in how XRP charts will be interpreted going forward. Analyst...
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Binance Announces $400 Million Recovery Plan
Binance has announced the “Together Initiative,” a plan to recover and rebuild interest in the crypto industry. Announced on October 14th, the move comes on top of another $283 million that Binance distributed as reimbursements to users, who suffered losses through collateral liquidations. What You Need to Know The...
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Here’s How Much Bitcoin, Ethereum, And XRP Institutions Bought Last Week
Institutional investors bought more Bitcoin, Ethereum, and XRP last week, with crypto funds recording another week of net inflows. This provides a bullish outlook for these crypto assets, especially as they look to bounce from last week’s crash. Institutional Investors Accumulate Bitcoin, Ethereum, and XRP CoinShares’ report revealed that...
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90% of Altcoins Below Key Trend: What This Signals for Investors
Investors were shaken on Friday after fresh US tariff news hit the markets. This trade-related scare pushed several leading altcoins into a downward spiral, some suffering double-digit losses in mere hours. While the prices have since rebounded, altcoins are still experiencing extreme market fear. This scenario, however, can actually...
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Stripe’s Bridge Applies for National Bank Trust Charter to Expand Stablecoin Business
The license, if granted, would help the stablecoin infrastructure firm to “tokenize trillions of dollars,” co-founder Zach Abrams said....
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Millionaire Trader Lost $15M But Says BTC, ETH, SOL Remain Bullish In Q4
Pseudonymous millionaire crypto trader Unipcs remains bullish on digital assets despite widespread pessimism following the “brutal” Oct. 10 selloff. What Happened: Unipcs noted in a message on his private Telegram channel that the recent market wipeout, estimated to have caused $40 billion in liquidations, was the largest in crypto...
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