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CATEGORY: pros


Jun 19, 2024 02:15

OpenAI Introduces Innovative Sales Prospecting Tool


OpenAI unveils a groundbreaking sales prospecting tool aimed at revolutionizing the sales industry through advanced AI capabilities. (Read More)

Polymarket gambler face charges after Taiwan election bet

Author: Cointelegraph by Ezra Reguerra
United States
Jun 19, 2024 12:00

Polymarket gambler face charges after Taiwan election bet

A man in Taiwan faces charges for using the crypto betting platform Polymarket to wager on the 2024 elections.

SEC considers spot Ether ETF application from ProShares

Author: Cointelegraph by Turner Wright
United States
Jun 11, 2024 12:00

SEC considers spot Ether ETF application from ProShares

The commission approved 19b-4 filings from eight asset managers in May, but they wont begin trading on U.S. exchanges until the SEC signs off on the S-1 registration statements.

Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

Author: Cointelegraph by David Attlee
United States
May 07, 2024 12:00

Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

While Changpeng CZ Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US license.

May 03, 2024 02:15

US Federal Prosecutors Investigate Block Inc. for Compliance Violations


US federal prosecutors are conducting an investigation into Block Inc., the fintech company founded by Twitter co-founder Jack Dorsey. The investigation follows allegations of compliance violations at Block's payment arms, Square and Cash App. A whistleblower has provided documents showing that Block processed transactions for users in countries subject to economic sanctions and facilitated crypto transactions for terrorist groups. The company is accused of failing to address these breaches despite being alerted to them. (Read More)

May 19, 2025 05:50

Tornado Cash Developers Legal Team Accuses Prosecutors of Withholding Crucial Evidence

The developers of Tornado Cash and their attorney claim that prosecutors have concealed vital evidence in a recent legal case. This controversial revelation has caused a stir in the cryptocurrency community. According to reports, the legal team representing the developers of Tornado Cash is accusing prosecutors of withholding crucial information that could potentially exonerate their [...]

May 14, 2025 02:30

US Pursues 2-Year Prison Term for Hacker Behind Fake Bitcoin ETF Tweet

U.S. prosecutors are pushing for a two-year prison sentence for the individual responsible for hacking into the U.S. Securities and Exchange Commissions (SEC) official X (formerly Twitter) account and spreading false information about the approval of a Bitcoin exchange-traded fund (ETF). Eric Council Jr., an Alabama resident and the defendant in the case, carried out […]

May 14, 2025 05:50

SEC Hacker Fights Prosecutors with 366-Day Sentencing Proposal

The sentencing recommendation for the hacker who breached the SEC has been outlined by the judge overseeing the case. The hacker, responsible for illegally accessing nonpublic information from the U.S. Securities and Exchange Commission (SEC), could face a substantial penalty. The judge is recommending a severe sentence due to the nature of the crime and [...]

Apr 29, 2025 12:05

Crypto Analyst Reveals XRP Price Crash In The Short-Term, Heres The Target

XRPs price outlook has taken an unexpected twist as one of its most ardent supporters, EGRAG CRYPTO, issued a short-term bearish prediction. Known across the crypto community for his unwavering bullish stance on XRP, EGRAG’s latest forecast has caught many by surprise. In a post shared on social media platform X, the analyst warned that the current market structure could push XRP into a significant short-term decline before any meaningful recovery unfolds. EGRAG CRYPTO Warns Of Potential Drop Toward $1.24 Before Rally According to EGRAG CRYPTO, the immediate technical outlook for XRP points to the possibility of a sharp correction. Backing up his forecast, EGRAG CRYPTO shared a detailed price chart showing the current position within a broader bull market structure. The chart shows how XRP is currently trading below the bull market support band. Notably, XRP’s position below the bull market support band has dragged on for over month, ever since it broke below in the middle of March. The longer XRP continues to trade below this band, the higher the possibility of a significant retest. Related Reading: XRP Surpasses Ethereum In This Major Metric After Outperforming For 6 Months EGRAG CRYPTO noted that the XRP price has failed so far to reclaim the $2.33 and $2.45 resistance zones, which sit at the upper edge of the bull market support band on the daily timeframe chart. He explained that as long as the price continues to trade under the $2.33 and $2.45 thresholds, bears could remain in control and drag the asset lower toward the 0.702 Fib extension level.  In terms of a price target, this 0.702 Fib is currently sitting at $1.24, which means the price could crash towards this level before rebounding above the bull market support band. Interestingly, this $1.24 zone coincides with an important breakout structure from November 2024, which served as the launchpad for XRPs rally to $3.4. Consequently, retesting this zone could serve as a validation of prior breakout strength and ultimately fuel a more sustainable long-term uptrend. EGRAG CRYPTO’s Advice: Accumulate XRP Instead Of Panic Selling Despite his short-term bearish tone, EGRAG urged holders not to panic or make emotional decisions. Addressing concerns he anticipated from followers, he made it clear that he does not advise selling XRP to try and time a lower re-entry. Instead, he encouraged the community to continue accumulating during the predicted dip, rather than chasing short-term market trends. Related Reading: XRP ETFs And A Price Surge: What To Expect If The SEC Gives Greenlight A dip to $1.24, while unsettling for some, could pave the way for a much larger rally that would push the altcoin into the long-anticipated double-digit territory. In another analysis, EGRAG CRYPTO predicted a long-term XRP price target of $27. At the time of writing, XRP is trading at $2.27, up by 5.13% and 7.26% in the past 24 hours and seven days, respectively. This comes as a response to ProShares securing SEC approval to launch three XRP Futures ETFs on April 30. Similarly, the first XRP Spot ETF was recently launched by crypto asset manager Hashdex in Brazil. Featured image from Adobe Stock, chart from Tradingview.com

Apr 29, 2025 12:05

XRP Price Shoots For 20% Surge To $2.51 Amid Pullback To Breakout Zone

The XRP price is eyeing a surge of 20% as it looks to reach a major resistance zone at $2.50, providing a bullish outlook for the altcoin. This projection comes amid XRPs pullback to retest the breakout zone, with a confirmation of this breakout likely to lead to new highs.  XRP Price Eyes 20% Surge To $2.51 In a TradingView post, crypto analyst Liam indicated that the XRP price could soon rally to the key resistance level at $2.15803. The analyst highlighted $2.29387 and $2.40995 as the other key resistance levels for the altcoin. Meanwhile, he mentioned that $2.18880 and $2.08373 are the key support zones to keep an eye on.  Related Reading: Crypto Analyst Says XRP Is Dead Sentiment Is A Lie, Reveals The Truth Liam also commented on the current XRP price action and what needs to happen for the altcoin to reach this $2.51 target. He noted that the altcoin recently broke above a key consolidation range but is now pulling back to retest the breakout zone. If the support between $2.18880 and $2.08373 holds, then the altcoin could initiate a strong bullish rally towards the resistance zones, with $2.51803 as the major target.  The crypto analyst advised market participants to closely monitor price action around the retest zone. He claimed that a strong bullish rejection from support could offer a high-probability long opportunity toward the higher targets.  The XRP price currently boasts a bullish outlook, with the broader crypto market witnessing a reversal from recent lows. XRPs fundamentals also support a price. CME Group recently announced plans to launch XRP futures contracts in May, while ProShares Trust XRP ETF could launch soon, which would also provide institutional investors with exposure to the fourth-largest crypto by market cap.  $2.24 Is Also A Major Resistance To Keep An Eye On Crypto analyst CasiTrades suggested that $2.24 is another major resistance level to keep an eye on for the XRP price.  She noted that this level has been a key focus for weeks. XRP recently broke above this level as it surged to $2.27 but faced strong rejection, and is now looking to retest $2.24 as resistance. Related Reading: XRP Vs. Bitcoin: Ripple Drops Bombshell On Which One Is Better CasiTrades asserted that price remains vulnerable to deeper support until it can reclaim and close above $2.24. On the bullish side, the analyst claimed that this is a critical area that needs to be respected to keep bullish momentum intact. Crypto analyst Dark Defender assured that XRP will continue to climb to the top. His accompanying chart showed that the altcoin could reach as high as $8 in this market cycle.  At the time of writing, the XRP price is trading at around $2.28, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

ProShares XRP Futures ETFs Set for April 30 Launch in U.S.

Author: Mwongera Taitumu
Estonia
Apr 28, 2025 02:35

ProShares XRP Futures ETFs Set for April 30 Launch in U.S.

ProShares will debut three XRP futures-based exchange-traded funds(ETFs) on April 30, 2025. These ETFs will track the price of XRP and provide investors with leveraged and inverse exposure to XRP. The three  ProShares ETF products comprise the Ultra XRP ETF with 2x leverage, the Short XRP ETF and the Ultra Short XRP ETF with -2x […]

Apr 12, 2025 05:50

The Pros and Cons of Speculating in DeFi

Speculation in the world of decentralized finance (DeFi) can be a risky game. While it offers the potential for high returns, it also comes with significant risks. The allure of quick profits draws many investors to DeFi platforms, where they can participate in various activities such as yield farming, liquidity provisioning, and trading new tokens. [...]

The post The Pros and Cons of Speculating in DeFi appeared first on Crypto Breaking News.

Mar 30, 2023 05:50

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his [...]

The post FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense appeared first on Crypto Breaking News.

Mar 28, 2023 10:30

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international [...]

The post French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud appeared first on Crypto Breaking News.

Jul 27, 2023 10:30

Prosecutors Want Sam Bankman-Fried Jailed Ahead of Trial

U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the prosecution to formalize the request and giving the defense enough time to make its case, the judge issued a temporary gag order restricting their public [...]

The post Prosecutors Want Sam Bankman-Fried Jailed Ahead of Trial appeared first on Crypto Breaking News.

Jun 26, 2023 01:20

Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm

Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have disclosed that the mining operation, situated in an abandoned iron factory, was effectively dismantled.

The post Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm appeared first on BTC Ethereum Crypto Currency Blog.

Bitcoin ETF fever returns: 'Biggest' inflow to ProShares' BITO in a year

Author: Cointelegraph By Martin Young
United States
Jun 26, 2023 08:20

Bitcoin ETF fever returns: 'Biggest' inflow to ProShares' BITO in a year

ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures.

Jun 26, 2023 07:50

ProShares Bitcoin ETF Tops $1B Amid Flurry of Filings

As Bitcoin ETF applications flood the market, ProShares Bitcoin Strategy ETF is the main beneficiary so far.

Continue reading at DailyCoin.

Mar 26, 2023 11:30

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims [...]

The post Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro appeared first on Crypto Breaking News.

Jun 23, 2023 02:10

Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets

A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an investigation into the crypto pyramid scheme and seize assets to compensate his clients. The attorney is asking officials in Sofia to take into account developments he considers related to the case, including the recent murder of a Bulgarian crime figure in South Africa. [...]

The post Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets appeared first on Crypto Breaking News.

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