Former rugby player sentenced for $900,000 crypto Ponzi

Former rugby player Shane Donovan Moore was sentenced to two-and-a-half years in a US federal prison for defrauding more than 40 investors out of $900,000 in a crypto mining Ponzi scheme. According to a Thursday Department of Justice announcement, Moore operated Quantum Donovan LLC from January 2021 to October 2022. Through the company, he reportedly defrauded over 40 investors out of more than $900,000. While promoting the scheme, Moore claimed that the funds raised would be spent on cryptocurrency mining hardware. He promised investors daily returns of 1%. โ€œMr. Moore…

Thumzup to Inject $250M into XRP Treasury as Price Eyes ATH

Key Notes Thumzup Media has approved a plan to invest up to $250 million in a variety of digital assets. This is a notable strategy for transitioning from Bitcoin investments to XRP, Dogecoin, Solana, and USDC. Thumzup makes this move on the heels of the improved crypto regulation landscape in the US. Nasdaq-listed Thumzup will launch a new treasury strategy for different cryptocurrencies, including Ripple-associated XRP XRP $3.59 24h volatility: 17.9% Market cap: $212.65 B Vol. 24h: $19.17 B , with an initial fund of $250 million. This is the…

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Polymarket Degens Bet on Astronomer CEOโ€™s Divorce Following Kiss Cam Incident

A Polymarket prediction market has emerged, allowing users to wager on the potential divorces of Astronomer CEO Andy Byron and Chief People Officer Kristin Cabot. This speculation began after the two went viral on social media for their appearance at a Coldplay concert. Polymarket Bets on Possible Divorce of Astronomer CEO Polymarket is showing once [โ€ฆ] Source CryptoX Portal

Exโ€‘NASA Researcher Joins Story as IP Soars 50% in a Month

Key Notes Story Protocol has appointed an ex-NASA researcher as Chief AI Officer. The project announced massive plans scheduled for next week, fueling investor optimism. IP token trading volume surges 66% amid wider crypto rally. Story Protocol IP $4.54 24h volatility: 5.2% Market cap: $1.33 B Vol. 24h: $45.54 M has appointed Sandeep Chinchali, a professor at UT Austin and former NASA researcher, as its new Chief AI Officer, signaling a bold expansion into AI-led innovation in the Web3 space. The announcement has resulted in a 66% uptick in the…

PENGU Comeback: CEO Sets Sights on New Funding

Key Notes Pudgy Penguins CEO Luca Netz confirmed plans to raise funds for Abstract. Smart Money inflows surged +15.97% in 24h as bulls drive PENGU prices. PENGU soared 43.49% this week, and is now consolidating around $0.03024. In a bold new chapter for the Pudgy Penguins PENGU $0.0306 24h volatility: 2.2% Market cap: $1.91 B Vol. 24h: $1.19 B universe, CEO Luca Netz has announced plans to raise fresh capital for Abstract, the Ethereum layer-2 blockchain developed under Igloo Inc., the parent company behind the Pudgy empire. Netz made a…

XRP Hits New All-time High Above $3.66 as Price Chart Targets $14

Key takeaways: XRP price surged 22% over the last 24 hours, reaching a new all-time high of $3.66. Favorable regulatory action in the US is adding tailwinds. Momentum indicators suggest XRP has more room to run: bull pennant targets $14. XRP (XRP) price set a historic milestone, rising to its highest level on Friday as major cryptocurrency bills passed the US House and traders piled in.ย  XRP/USD weekly chart. Source: Cointelegraph/TradingView XRP market cap passes $200 billion milestone The XRP market cap has surged 12% over the last 24 hours…

Dogecoin Erupts Past $0.23โ€”Analyst Predicts Next Price Targets

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 latest burst of momentum has carried the Dogecoin price through the psychologically significant $0.23 barrier, lifting the spot price to roughly $0.236 at press time and extending a weekly advance of more than 20 percent.…

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Bitcoin Rally Not Over Yet? Short-Term Holder MVRV Suggests Further Upside

As Bitcoin (BTC) consolidates just below the $120,000 mark, concerns are mounting over whether the top cryptocurrencyโ€™s bullish momentum is fading. However, some analysts believe BTC still has room to grow, citing key on-chain indicators. Bitcoin Rally Far From Over According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoinโ€™s rally is not yet over. The analyst points to the Short-Term Holder (STH) Market Value to Realized Value (MVRV) indicator as evidence. Related Reading For context, STH MVRV measures the profitability of Bitcoin held by short-term investors โ€“ typically…