Day: October 12, 2024

UK trader denies charges in first-ever illegal crypto ATM prosecution

A London trader has pleaded not guilty to operating an illegal crypto ATM business and laundering $395,000 in criminal cash. Habibur Rahman, a crypto trader from East Ham, London, has pleaded not guilty to charges related to operating an illegal crypto ATM business and laundering £300,000 (around $395,000) in criminal cash. Rahman was arrested in April 2023 after police searched his mobile phone shop in Chatham, Kent, seizing several crypto ATMs, BBC reports, citing a spokesperson for Kent Police. The FCA mandates that all crypto ATM operators must register with…

Solana Prepares For A 20% Rally – Can SOL Reclaim $176?

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Este artículo también está disponible en español. Solana is currently trading above the $140 mark, showing signs of strength as it prepares for a potential move to higher levels. After a modest 5% pump on Friday, investors and analysts are increasingly optimistic about the direction Solana could take in the coming months.  One prominent analyst, Carl Runefelt, has shared a technical analysis predicting a 20% surge for SOL in the next few weeks, citing bullish patterns and favorable market conditions. His analysis suggests that Solana could reach $176 by the…

Exploring financial growth opportunities in 2025 with KK Miner

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. KK Miner is emerging as a top choice for investors, offering smart cloud mining technology, daily returns, and attractive rewards in the rapidly growing crypto market. Entering the third decade of the 21st century, the cryptocurrency industry has experienced explosive growth and has become a new blue ocean pursued by global investors. In this exciting field, the mining industry, as the cornerstone of the entire blockchain ecosystem, has accordingly…

Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15

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Este artículo también está disponible en español. Former President Donald Trump foray into decentralized finance (DeFi) with his initiative, World Liberty Financial, has officially begun onboarding users, with a public sale of its WLFI token scheduled for October 15.  This announcement comes as the project aims to raise $300 million at a valuation of $1.5 billion through its initial token offering, which garnered significant attention in the cryptocurrency community. The Trump DeFi Initiative In a recent post on X (formerly Twitter), World Liberty Financial announced that the public sale will…

Four affordable tokens under $0.50 poised for 600x growth by Feb

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Four under-the-radar crypto tokens under $0.50 are poised for explosive growth by early 2025, offering investors promising opportunities for substantial returns. Four promising crypto tokens currently priced under $0.50 are projected for explosive growth by early 2025. This article delves into which modestly priced coins could potentially achieve remarkable returns. Dive in to uncover which digital assets might be on the brink of significant gains. CYBRO presale climbs past…

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

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Este artículo también está disponible en español. Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus measures during a press conference on Saturday. These measures aim to stimulate economic activity in the country. On September 24, the People’s Bank of China (PBoC) cut interest…

BRICS Slashes US Dollar and Euro Transactions to Below 30%

BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency on Western financial systems. The trend has accelerated due to sanctions […] Source CryptoX Portal

Ripple Co-Founder Chris Larsen Sends $1 Million XRP Donation To Kamala Harris

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Este artículo también está disponible en español. As the US presidential election approaches, the crypto industry has emerged as a focal point of political debate, with key figures from blockchain payments company Ripple expressing divided support for leading candidates Vice President Kamala Harris and former President Donald Trump.  This division comes amid ongoing debates about regulatory frameworks, particularly concerning the US Securities and Exchange Commission (SEC) and its enforcement actions against the cryptocurrency sector. Ripple Larsen’s $1 Million XRP Donation  Christian Larsen, co-founder of Ripple, has made headlines by making…

Analysts Explain Why The Bull Cycle Is Far From Over

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Este artículo también está disponible en español. The Bitcoin ongoing rebound, reclaiming the $62,000 price mark once again today, has sparked renewed optimism in the cryptocurrency community. According to a recent analysis by CryptoQuant analyst Crypto Dan, the current market is still amid a bull cycle, with promising long-term prospects for Bitcoin holders. While the market has faced some short-term turbulence, key indicators suggest that more gains may be on the horizon. Related Reading Bull Run Is Still In Progress Crypto Dan’s insights, shared on the CryptoQuant QuickTake platform, highlight…

Arkham Intelligence to launch crypto derivatives exchange: report

Arkham Intelligence, a blockchain data firm, plans to launch a cryptocurrency derivatives exchange next month, according to reporting from Bloomberg.   Backed by investors like OpenAI founder Sam Altman, the startup is relocating its operations from London and New York to Punta Cana in the Dominican Republic. The company aims to serve retail investors but will not open the platform to U.S. customers. Arkham, founded in 2020, specializes in analyzing blockchain data to reveal information about the entities and individuals behind cryptocurrency transactions.  The decision to launch a derivatives exchange comes…