Bitcoin Holds Steady While XRP and Altcoins Show Bullish Momentum
Bitcoin trades within a narrow range as analysts maintain optimistic long-term price targets up to $300,000 by 2025. Meanwhile, XRP, Litecoin, MANTRA and Gate Token display upward momentum amid an explosion of new token launches affecting market liquidity.
Argentine President Faces Criminal Charges Over Crypto Token Endorsement
President Javier Milei faces criminal fraud charges after promoting $LIBRA cryptocurrency that crashed 90% following his endorsement. Opposition calls for impeachment as investigators probe potential 'rug pull' scheme involving presidential office meetings with token developers.
Lawmaker Slams Trump and Musk Over Crypto Consumer Protection Concerns
A Democratic congresswoman criticizes Trump's meme coin venture and Musk's DOGE influence during a House hearing, highlighting cryptocurrency scams and weakened consumer protections. The debate intensifies between advocates of stricter regulation and those favoring reduced oversight.
Robinhood's Crypto Trading Surge Drives 14% Stock Rally to Multi-Year High
Robinhood's stock skyrocketed 14% after reporting an eight-fold increase in crypto trading revenue, adding $6 billion to its market value. The commission-free platform's success highlights growing mainstream crypto adoption, despite offering fewer tokens than competitors.
Cyprus Crypto Scam: Resident Loses €430,000 in Sophisticated Investment Fraud
A Limassol resident lost €430,000 after falling victim to fraudsters posing as investment platform representatives who gained access to their crypto wallet. The scammers lured the victim with false promises of $1.5M profits before authorities discovered the elaborate scheme.
Social Media Users Five Times More Likely to Invest in Cryptocurrency, Study Finds
A University of Georgia study reveals social media users are significantly more inclined to invest in cryptocurrency, with platforms like YouTube and Reddit leading the trend. The research highlights the influence of peer pressure and celebrity endorsements while raising concerns about misinformation risks.
Lost Bitcoin Fortune: $750M Hard Drive to Be Sealed in Welsh Landfill
A British man's desperate quest to recover 7,500 bitcoins worth $750 million from a Welsh landfill faces a final setback as local authorities prepare to permanently seal the site. The council plans to repurpose the area into a solar farm, forever burying what could have been one of the largest individual cryptocurrency fortunes.
Trump Cryptocurrency Launch Creates Early Winners and Many Losers
Early investors in Trump's cryptocurrency reaped massive profits up to $109 million while over 810,000 later buyers lost billions as the token crashed. The controversial launch has sparked investigations amid questions about Trump's involvement and regulation violations.
Coinbase Surpasses US Banking Giants with $420B in Crypto Assets
Coinbase has amassed $420 billion in customer assets under management, ranking as the 21st largest bank in the US by total assets. The crypto exchange's impressive growth and $273M profit showcase the rising dominance of digital asset platforms in traditional finance.
Kanye West Rejects $2M Crypto Scam Deal to Protect Followers
Rapper Kanye West reveals he declined a $2 million offer to promote a fraudulent 'Ye token' cryptocurrency targeting his fanbase. The incident highlights growing concerns about celebrity crypto endorsements and sophisticated scam tactics targeting high-profile influencers.