The Federal Bureau of Investigation (FBI) has alerted the public to “an emerging criminal tactic” targeting investors who have already fallen victim to cryptocurrency scams and seek to recover their lost funds. These fraudsters often claim to be authorized by the FBI, Consumer Financial Protection Bureau (CFPB), or other government agencies to lend credibility to […] Source CryptoX Portal
CoinGecko data shows that TRUMP, the first major token in the sector that matches financial instruments with political themes, has gained 24% in the past 24 hours, while its Solana counterpart TREMP added 20%, and the Joe Biden-themed BODEN is well in the green climbing over 45%. Source
Crypto analysts have given varying opinions on the Cardano (ADA) future trajectory. One analyst predicts that the crypto token could enjoy an unprecedented price rally. On the other hand, another analyst holds a bearish view and predicts that Cardano could experience a significant price crash. Cardano To Enjoy A 12,000% Rally In a post on Tradingview, crypto analyst Fiery Trading raised the possibility of Cardano rising to as high as $40 and even higher. The analyst highlighted a parallel channel and noted that Cardano could reach the top of this…
Wikileaks founder Julian Assange has been released from prison after serving five years, following a plea agreement with the U.S. Department of Justice (DOJ). “This is the result of a global campaign that spanned grass-roots organizers, press freedom campaigners, legislators and leaders from across the political spectrum, all the way to the United Nations,” Wikileaks […] Source CryptoX Portal
“ETH should not see as much spot ETH conversion due to the lack of an ETH staking feature in the ETF,” analysts Gautam Chhugani and Mahika Sapra wrote, adding that the basis trade will likely find takers over time and this should contribute to healthy liquidity in the ETF market. The basis trade involves buying the spot ETF and selling the futures contract at the same time and then waiting for the prices to converge. Source
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Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have begun their third week of sustained negative net flows as the BTC price slumps below $60,000. According to data provided by Farside investors, the amount of spot BTC ETF outflows reached $174.5 million on June 24. The negative net flows were majorly driven by the Grayscale Bitcoin Trust (GBTC), a trend observed in the early trading days of the investment products and in recent times. Notably, GBTC recorded outflows totaling $90.4 million, the largest since June 11. Meanwhile, other spot…
In a now-deleted message posted on June 23 on X, former Brazilian soccer superstar Ronaldo de Assis Moreira, known as Ronaldinho, declared his support for crypto, stressing that it was time for this industry to reach more people. Ronaldinho stated: “Time for crypto to go mainstream, who’s with me?.” Recently, he was named ambassador of […] Source CryptoX Portal
The cryptocurrency market has been battered by recent events, with Bitcoin leading the decline and dragging many altcoins down with it. However, Dogecoin (DOGE), the memecoin often dismissed as a joke, has surprised some analysts with its relative stability during the downturn. Related Reading DOGE Holds On While Others Fall While established players like Bitcoin and Ethereum have seen significant price drops, Dogecoin has managed to maintain its support level. This unexpected resilience has sparked conversations about the future of DOGE, with some analysts cautiously optimistic. Analyst Predictions And Community…
The defunct crypto exchange’s trustees said Monday they are preparing to start distributing bitcoin (BTC) stolen from clients in a 2014 hack in the first week of July. Source