Day: June 27, 2024

FBI Puts $5 Million Price Tag On OneCoin Founder’s Arrest

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Shiba Inu price breaks support; overtaken by Pepe in a key metric

Shiba Inu price has continued its downward trend as demand for the once-popular meme coin faded. The SHIB token was trading at $0.000017, its lowest swing since March. It has dropped by more than 60% from its highest point this year.  Shiba Inu, like Dogecoin, has underperformed the meme coin market this year as traders focused on newer tokens.  A good example of this is looking at the daily volume traded in centralized and decentralized exchanges. Data by CoinGecko shows that Shiba Inu’s volume in the past 24 hours stood…

Polymarket Contradicts Its Oracle Service in Rarity for Prediction Market

“This market will resolve to ‘Yes’ if a preponderance of evidence suggests that Barron Trump was involved in the creation of the Solana token $DJT. Otherwise this market will resolve to ‘No,’” the contract on Polymarket read. “Determination as to whether Barron was involved in the creation of $DJT will be made by this market’s decentralized resolver, UMA, and will take into account all available evidence as of 12 PM ET, June 23.” Source

Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud

In a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud,” said the head of the Justice Department’s Criminal Division. […] Source CryptoX Portal

Bitcoin To Hit New Heights? Analyst Predicts 10x Growth In Few Years — Here’s How

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In a recent surge of online discussion, renowned crypto analyst and entrepreneur Willy Woo has made headlines with his optimistic prediction for Bitcoin’s future on Elon Musk’s social media platform, X. Woo suggests that Bitcoin, already gaining traction among traditional financial circles as an emerging asset class, could see exponential growth. He argued that if Bitcoin continues to be perceived at the scale of major asset classes, traditionally valued in the tens of trillions of dollars, it could potentially increase in value tenfold in the coming years. Related Reading Current…

Dogecoin Sees Rapid Accumulation Amid Price Crash, Whale Transactions Soar

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Dogecoin (DOGE) whales look to have used this recent price crash as an opportunity to accumulate the foremost meme coin. This provides a positive development for Dogecoin, and the meme coin has already reacted positively, seeing how its price has recovered in the last 24 hours.  Dogecoin Whales Accumulate More DOGE Data from the market intelligence platform IntoTheBlock shows that Dogecoin witnessed $1 billion in large transactions these past few days. Large transactions refer to ones that involve $100,000 worth of Dogecoin or more being traded. An increase in the…

Ripple CEO Blasts SEC Chair’s Crypto Remarks — Says ‘Gensler Will Cause Biden to Lose the Election’

Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures could impact the upcoming election. He suggested that Gensler should be fired if he truly worked for the American people. Ripple CEO Brad Garlinghouse Criticizes SEC […] Source CryptoX Portal