Day: February 27, 2025

FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme

Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […] Source CryptoX Portal

BNB Price Shows Strength—Is a Comeback in Play?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin Plunge Below $89,000: Are We Nearing a Bottom? Analyst Weighs In

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Bitcoin’s downward trajectory continues, with its price slipping below $89,000, marking an 8.5% loss over the past week. This extended decline has raised concerns among investors about whether the bottom is finally in. Recent market behavior suggests that significant capitulation is taking place, which some analysts believe could indicate a turning point. Massive Bitcoin Sell-Off: Is The Bottom In? A key observation has emerged from a CryptoQuant analyst known as caueconomy, who recently highlighted what he describes as the “largest Bitcoin capitulation” event of 2025. In a post titled “The…

Bybit Is Back: Crypto Exchange Resumes Full Operations in India After FIU Approval

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Bybit is back in India! After overcoming regulatory hurdles and a security breach, the crypto exchange fully restores services, resuming new user onboarding and trading access. Bybit Reinstates Services in India After Regulatory Compliance Cryptocurrency exchange Bybit has officially registered with Indian authorities, allowing the platform to fully restore its services in the country. The […] Source

XRP Bears Resurface—Key Levels to Watch Now

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Dogecoin Forms ‘Monster Falling Wedge’ Pattern: What It Means

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Este artículo también está disponible en español. In a post on X today, crypto analyst Satoshi Flipper (@SatoshiFlipper) shared a daily chart of DOGE/USDT on Binance that highlights what he calls a “monster falling wedge.” The chart shows Dogecoin’s price moving within two converging trendlines—one descending from the coin’s recent swing highs, and the other descending at a shallower angle from its short‐term lows, forming a classic wedge structure. Buy Or Sell Dogecoin Now? According to the chart, Dogecoin is currently trading in the $0.21–$0.22 range, hovering just above the…

Bitcoin and crypto markets tumble amid Trump tariff concerns

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Bitcoin has fallen below $85,000, continuing its sharp decline as traders react to President Donald Trump’s announcement of new tariffs on European imports.  Speaking at his first cabinet meeting on Feb. 26, U.S. President Donald Trump reiterated his intention to put a 25% tariff on European Union goods, as reported by The Guardian. The cryptocurrency industry has been significantly impacted by this announcement.  Bitcoin (BTC) is currently down 4% in the last 24 hours, trading at $84,600 levels at press time. The broader crypto market has also suffered, with total…

Ethereum Price Dips Deeper—Is a Rebound Possible?

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Este artículo también está disponible en español. Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450. Ethereum is facing an increase in selling below the $2,450 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,400 and…

Cronos (CRO) Pioneers Blockchain to Prepaid Card Crypto Transfers

Peter Zhang Feb 27, 2025 03:06 Cronos (CRO), in partnership with Crypto.com, introduces a groundbreaking service enabling seamless crypto transfers to prepaid cards, bridging decentralized and traditional finance. In a landmark development for the blockchain industry, Cronos (CRO) has announced the launch of a new service enabling seamless cryptocurrency transfers directly to prepaid cards. This innovative feature, realized in collaboration with Crypto.com, marks a significant milestone in the integration of decentralized and traditional financial systems. Revolutionizing Crypto Off-Ramping The service allows users…

Coinbase Expands Into Nigeria With Onboard Global Partnership

Coinbase has partnered with Onboard Global to offer Nigerian users secure and efficient cryptocurrency trading. Shielding Coinbase from Regulatory Risk Coinbase and Onboard Global have partnered to provide secure and efficient cryptocurrency trading for Nigerian users. The collaboration enables the purchase of cryptocurrency with local currency through a peer-to-peer (P2P) exchange, with streamlined verification and […] Source BitcoincryptoexchangeExchanges CryptoX Portal