A staggering $25 million in penalties and restitution has been levied in a landmark federal court ruling, exposing a sham crypto project that duped investors with bogus claims of gold backing and market viability. CFTC Secures Judgment Against My Big Coin for Crypto Fraud Scheme The Commodity Futures Trading Commission (CFTC) announced on June 11 […] Source
The cryptocurrency market plunged on Friday, June 13, as rising geopolitical tensions in the Middle East rattled investors.ย Following news that Israel had launched a major military operation against Iran, digital assets tumbled sharply. The total crypto market capitalization dropped 7% over the past 24 hours to $3.3 trillion. Bitcoin (BTC) declined around 5%, trading at $103,464 as of press time. Ethereum (ETH) fell 10% to $2,471, while Solana (SOL) dropped 11% to $141. XRP (XRP) and BNB (BNB) also lost ground, down 6% and 4% respectively. Data from CoinGlass…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๐ฐ Why does Bitcoin have a fixed supply of 21 million? Unlike traditional money, which governments can print endlessly, Bitcoin is designed to be scarce like gold. But what happens when all Bitcoin is mined? In this short video, we break it all down! ๐ ๐ What Youโll Learn in This Video: โ๏ธ Bitcoinโs 21M cap โ Why Bitcoinโs supply is hard-coded and canโt be changed! โ๏ธ Why 21 million? โ How Bitcoin halving controls supply every four years. โ๏ธ What happens…
Bitcoinโs price has declined slightly following recent gains, falling 2.3% over the past 24 hours to trade at approximately $107,205. This latest movement places the asset 4.1% below its all-time high of over $111,000 recorded last month. Despite the short-term dip, some analysts see familiar signs in derivatives data that could point to the next phase of market movement. Funding Rate Rebounds Signal Potential Upside for Bitcoin According to recent insights shared by on-chain analyst “nino” on CryptoQuantโs QuickTake platform, Bitcoin may be repeating a funding rate pattern that has…
The Trump administrationโs more relaxed attitude to crypto doesnโt mean the Commodity Futures Trading Commission will give the industry an easy ride, says the agencyโs acting chair, Caroline Pham. โThere is no easy street for anybody, and regulators arenโt easy,โ Pham told Yahoo Finance at the Coinbase Annual Summit on Thursday. โJust because we are pro-innovation and pro-growth does not mean that youโre going to be able to get away with breaking the law.โ โAnd this is where Iโm talking about not twisting the law to criminalize an asset class…
Good Morning, Asia. Hereโs whatโs making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CryptoXโs Crypto Daybook Americas. As Asia begins its trading day, all major cryptocurrencies are down due to market uncertainty as a result of an Israeli attack on Iran. Early Friday Hong Kong time, Israelโs military conducted multiple airstrikes against Iranian nuclear facilities, sending the price of and plunging. Despite this…
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Australiaโs markets regulator has banned a financial adviser from offering financial services for 10 years, alleging she deceptively invested her clientsโ money into a crypto platform listed as a possible scam. The Australian Securities and Investment Commission (ASIC) said on Thursday that it had put Glenda Maree Rogan on a decade-long ban for allegedly transferring 14.8 million Australian dollars ($9.6 million) โinvested by clients, family and friends to a cryptocurrency-based investment scam.โ The agency claimed that between March 2022 and June 2023, Rogan took her clientsโ funds and moved them…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Tron (TRX) Sharpe Ratio suggests the cryptocurrencyโs price may be far from overheating, a sign that the coin could have more upside potential. Tron Sharpe Ratio Is Still Significantly Below Overheating Zone In a CryptoQuant…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A leading coin breaks key level, another jumps 16%, and XYZVerse eyes 30x gains with $2.4m funding boost. The cryptocurrency market is experiencing notable shifts. A major digital coin has surpassed a significant price mark, indicating strong upward momentum. Another crypto asset has surged by an impressive 16%, attracting investor attention.ย Additionally, a burgeoning project has secured $2.4 million in growth funding. These developments hint at intriguing trends unfolding…