A darknet drug bazaar known as Incognito Market made headlines recently with the arrest of Rui-Siang Lin, a Taiwanese national, at New York’s John F. Kennedy Airport. Operating under the pseudonym “Pharoah,” Lin was the mastermind behind the platform, which facilitated the sale of illegal narcotics such as fentanyl. FBI Assistant Director in Charge, James
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Ethereum exchange-traded funds (ETF) have been making headlines in the investment world, especially after the United States Securities and Exchange Commission (SEC) gave the green light for their listing. This approval has put these investment products in the spotlight, sparking interest and discussions among investors and experts alike. On the other hand, the Bitcoin spot
The Mollars token presale and project have recently shared a report through their official X profile, shedding light on some intriguing trends in the cryptocurrency market. The report indicates that the brand “MOLLARS” is gaining significant interest among crypto traders, with search volumes rivaling well-known tokens like Bonk Inu (BONK) and Pepe (PEPE). According to
In recent days, the price of Ethereum has been consolidating between the $3,949 and $3,627 range. This consolidation is a direct result of a recent rally that saw the price of the crypto asset spike upwards by over 10%. When prices are in a consolidation phase, it indicates that the market is building momentum for
After the Bitcoin halving in April, there have been high expectations for a major price breakout in the cryptocurrency market. However, Bitcoin recently experienced a retracement, falling from its recent high of $71,443 to $66,936. This price movement has kept analysts and investors on the edge as they anticipate the next move for the leading
The news of Kabosu, the beloved Shiba Inu who rose to fame as the face of the “Doge” meme, passing away at the age of 18 has left millions of fans mourning the loss of this iconic pup. Known for her endearing expression and the humorous captions that accompanied her photos, Kabosu captured the hearts
Recently, the bankrupt crypto exchange FTX concluded the sale of $2.6 billion worth of discounted Solana tokens. Figure Markets and Pantera Capital were some of the buyers who participated in the auctions and acquired significant amounts of SOL tokens at a discounted price. Figure purchased 800,000 coins for approximately $80 million, paying around $102 per
The volatile nature of cryptocurrency markets has once again brought Bitcoin’s price into the spotlight. With the price hovering around $67,000 after a recent high of $71,000, analysts are scrambling to make sense of the current situation. One crypto analyst, known as The Signalyst, has identified key levels that could determine the future direction of
Coinbase has put forth a strong allegation against the SEC, claiming that the regulatory body is attempting to circumvent the Howey test by avoiding the critical question of whether a digital asset transaction without post-sale obligations can be considered an investment contract. This accusation was made in a motion for an interlocutory appeal filed with
In a recent unanimous decision, the U.S. Supreme Court ruled against Coinbase Inc. in an arbitration dispute stemming from the company’s 2021 Dogecoin sweepstakes. The ruling clarified the need for a court to determine which legal agreement takes precedence when parties are governed by multiple contracts. Justice Jackson, writing for the Court, emphasized the importance
OpenSea, a prominent NFT marketplace, has introduced its latest endeavor, the “Get Based” series. This initiative is designed to shine a spotlight on artists who are actively creating on Coinbase’s Base network, an Ethereum Layer 2 (L2) solution. The series plans to feature the works of up to 15 artists over the course of the
As the world of cryptocurrency continues to evolve and expand, new and innovative projects are constantly emerging. One such project that has been gaining significant attention in recent days is Dogeverse (DOGEVERSE). With its unique multi-chain offering and exciting storyline, Dogeverse has quickly become a hot topic of conversation among investors, influencers, and crypto enthusiasts
Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has raised concerns about the potential consequences of the approval of spot Ethereum ETFs. According to Fahrer, the transition might not be seamless for Ethereum as the market awaits this significant development. Fahrer’s warning comes on the heels of the impending approval of spot
The crypto market has been abuzz with the recent predictions of an “ultra bull scenario” for Bitcoin, with a forecasted price rally above $80,000 in the current market cycle. A crypto analyst, known as CrediBullCrypto, has shared insights into key support levels and technical patterns that suggest a bullish path for the leading cryptocurrency. CrediBullCrypto
The recent ruling by the U.S. District Court for the Western District of Texas has brought to light the consequences of failing to comply with securities laws in the cryptocurrency space. The court granted partial summary judgment in favor of the Securities and Exchange Commission (SEC) against popular crypto influencer Ian Balina. The ruling affirmed
The United States House of Representatives recently made a significant decision regarding the issuance of a Central Bank Digital Currency (CBDC) to its citizens. This decision has sparked a heated debate among lawmakers and the online crypto community, shedding light on key issues surrounding privacy, individual sovereignty, and free market competitiveness. The CBDC Anti-Surveillance State
The recent Bernstein report highlights the potential approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the US, which may set a precedent for classifying Solana (SOL) as a commodity rather than a security. This distinction is crucial as it has significant implications for the regulatory oversight and investment opportunities available for cryptocurrencies in
The cryptocurrency market has been experiencing a surge of optimism and confidence among investors, with many eagerly awaiting Bitcoin’s peak in the ongoing bull cycle. One popular crypto analyst, known as Crypto Con, has delved into historical data to predict the timeline for Bitcoin’s highest point in this cycle. By analyzing past BTC runs and
The Floki Inu (FLOKI) price has seen a recent uptrend, hitting multi-week highs above $0.0002450. However, the price has stalled as holders make the move to a new ICO called 5thScape in hopes of securing 1,700% gains. Despite reaching its 21 and 50DMAs earlier this month and trending higher since mid-April, a 10% drop from
Recent rumors circulating on social media about Bybit crypto exchange’s alleged insolvency have been firmly denied by CEO Ben Zhou. Obscure social media accounts began spreading these rumors, with one user suggesting that a bug in a proof-of-reserves graph from Arkham Intelligence might have sparked the speculation. Zhou promptly dismissed these claims, stating they were
In a recent interview, Charles Hoskinson, the CEO of IOG, made a controversial statement by likening the Bitcoin following to a ‘religion’. He argued that Bitcoin’s devout followers have created a cult-like mentality within the crypto industry, which he believes is unsustainable in the long run. This critical assessment sheds light on the growing dependency
Telegram, the popular messaging app with over 800 million monthly users, has evolved into a hub for the crypto community. The platform’s growing ecosystem of mini apps, also known as TMAs, has garnered significant attention in recent years. These mini apps offer a range of features, including access to the TON SDK, monetization options, bot
Recently, on-chain data has revealed a surge in activity among Ethereum whales. These major players in the crypto market have been making waves with their large transactions valued at over $100,000. The Number of Large Transactions metric has been a key indicator in monitoring the actions of these whale entities. This metric provides insights into
The First District Court of Appeals in Florida recently made a significant decision to nullify an Emergency Suspension Order (ESO) that was issued by the Office of Financial Regulation against Binance.US. This decision came after Florida’s regulator banned Binance.US from serving its residents earlier this year, citing “immediate danger” to the public and referring to
LidoDAO (LDO) has seen a significant increase in its price over the last week, with a 26% jump making it an attractive option for investors. As the native crypto of the decentralized Ether staking platform Lido, LDO serves as the governance token for the Lido decentralized autonomous organization (DAO). The current price of LDO stands
In a bold and attention-grabbing prediction, Titan of Crypto, a well-known cryptocurrency trader and expert, has set the stage for an imminent significant rally for Ethereum (ETH) to unprecedented heights. The analyst’s prognosis, fueled by favorable market conditions and rising investor confidence, suggests that ETH is primed for substantial gains. Several weeks ago, Titan of
Bitcoin whales are not showing any signs of slowing down in the market. Despite the recent dip in the price of Bitcoin towards $60,000, these large investors have continued to capitalize on the opportunity by buying every dip. The co-founder of Bitcoin-based company Apollo, Thomas Fahrer, made a stunning discovery when he revealed that Bitcoin