A crypto market maker admitted to years of fake trading, using custom software to inflate token prices and volumes in a massive scheme to mislead investors. Wash Trading Empire Crushed: DOJ Exposes Years-Long Crypto Volume Scam The U.S. Department of Justice (DOJ) announced on March 21 that Gotbit Consulting LLC and its founder Aleksei Andriunin […] Source CryptoX Portal
Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries in 2024, only falling behind […] Source CryptoX Portal
Last week as markets wobbled, tariffs seemed to be the consensus culprit. But are tariffs just an easy scapegoat? How Much Do Tariffs Matter? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. As equity and crypto markets […] Source CryptoX Portal
DOJ asks victims to claim $7 million recovered from a global crypto scam that used fake platforms, shell companies, and coercion to drain investor funds. Feds Recover $7M—Now DOJ Urges Victims to Claim Share of Recovered Funds The U.S. Department of Justice (DOJ) announced on March 21 that $7 million in proceeds from a cryptocurrency […] Source CryptoX Portal
Coinbase CEO backed Treasury’s shift on crypto regulation, urging crime crackdowns that protect innovation, privacy, and free speech without punishing open-source technology. Coinbase to Treasury: Let’s Crush Crypto Crime Without Killing Innovation Brian Armstrong, the CEO of crypto exchange Coinbase (Nasdaq: COIN), has endorsed the U.S. Department of the Treasury’s decision to reverse sanctions on […] Source CryptoX Portal
ORCA skyrockets more than 210%, reaching its highest peak this year after Upbit announced its listing on March 21. According to data from CoinGecko, the killer-whale themed token was able to breakthrough the $5 threshold for the first time this year. At press time, the Solana (SOL)-based coin has gone up nearly 215% in the past 24 hours of trading. The token is currently trading hands at $5.07. The last time it reached that level was in December 2024. Throughout the past month, the token has remained somewhat stagnant, fluctuating…
Fidelity Investments, overseeing $15.1 trillion in client assets, took a pivotal step toward launching a solana ( SOL)-focused investment product by registering a Fidelity Solana Fund in Delaware on March 20, 2025—a precursor to a potential spot exchange-traded fund (ETF). Fidelity Enters Solana ETF Race with Strategic Delaware Move The Delaware filing (filing #10138042) paves […] Source BitcoincryptoexchangeExchanges CryptoX Portal
TRON founder Justin Sun has shared his thoughts about potentially reducing TRX block rewards, drawing parallels to Bitcoin’s halving mechanism. In a recent tweet, Sun shared his thoughts on implementing a reward reduction for Tron (TRX). He noted that the cryptocurrency is already deflationary, with supply decreasing by 1% annually. This makes TRX “the only deflationary asset among major cryptocurrencies,” according to Sun. “This discussion about TRX’s upcoming reduction in block rewards is worth paying attention to! Will TRX follow Bitcoin’s path and enter a halving cycle?” Sun wrote on…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP prices may surge as Ripple’s legal battle ends, sparking optimism, while a new presale raises $11.7m. XRP prices were rangebound for years due to the Ripple vs. SEC legal case. However, the CEO of Ripple Labs, Brad Garlinghouse just announced that the case is officially over. With this positive news for XRP holders, speculations are starting to build as some anticipate XRP prices to reach new highs. Amid…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple rallied 450% in 2024 but is down 30% in 2025; experts remain bullish, while Rexas Finance sees big potential. Ripple (XRP) would have a dismal year before the post-US election in November flipped 2024 to success. XRP rallied over 450% to a cycle high of $3.15. While XRP has even gone steps further earlier in 2025, it is now down over 30% from its yearly peak of $3.34. …