U.S. prosecutors estimate that former Terraform Labs co-founder Do Kwon may have harmed more than one million victims through alleged fraudulent activities related to the Terra cryptocurrency ecosystem. This staggering figure has become a focal point of the ongoing criminal case against Kwon, shedding light on the extensive impact of the Terra collapse and the…
Discover why ICP, AVAX, and FIL are three of 2025's top crypto picks, with strong fundamentals, real-world use cases, and the potential for exponential returns. 2025 started with a cautiously optimistic vibe, with growing adoption and investor confidence despite the recent macro headwinds. The total crypto market cap is around $3.35 trillion, and 24-hour trading…
An XRP exchange-traded fund (ETF) may soon burst onto the crypto investment space, according to Ripple President Monica Long. In a Tuesday interview with Bloomberg, Long suggested that U.S. regulatory tailwinds—particularly with the Trump administration’s pro-crypto stance—could turbocharge the approval process for new spot crypto ETFs. The most likely candidates for the next wave of…
The collapse of Terraform Labs’ ecosystem, spearheaded by its co-founder Do Kwon, may have left over one million victims worldwide, according to US prosecutors. The fallout from the failed TerraUSD (UST) stablecoin and its companion token, LUNA, caused over $40 billion in investor losses, marking one of the most significant events in cryptocurrency history. Legal…
Say it ain’t so. Is the crypto bull run over? Already? This analyst says yes. Do you agree with him? The cryptocurrency market appears to be approaching the final stages of its current bull cycle, according to a detailed analysis by CryptoQuant. This cycle, which began in January 2023, is projected to peak by the…
Gemini Trust Company, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has agreed to pay a $5 million penalty to resolve a lawsuit filed by the Commodity Futures Trading Commission (CFTC). The allegations centered on providing “false or misleading statements” to regulators during Gemini’s 2017 efforts to launch the first U.S.-licensed Bitcoin futures contract.…
Michael Barr, the Federal Reserve’s Vice Chair for Supervision, has announced his resignation, effective February 28, 2025. This decision, made over a year before his term was set to expire in mid-2026, marks a significant shift in U.S. financial regulation. Barr will remain a member of the Federal Reserve Board of Governors. His resignation comes…
Bitcoin and gold remain powerful hedges against the looming threat of fiat currency debasement, appealing to investors who want to preserve and potentially grow their wealth over time, says JP Morgan. Bitcoin and gold are solidifying their roles as essential components of diversified investment portfolios, according to recent research by JPMorgan. The ongoing trend, referred…
Bitcoin briefly crossed $100,000 again earlier this week, leading some to label the milestone “boring.” Perhaps, as a result, the Bitcoin price promptly dumped again, what’s next for Bitcoin? Several times now, Bitcoin has crossed the landmark $100,000 mark, a moment that many had long anticipated. Changpeng Zhao, the founder of Binance, recently downplayed the…
Cardano has started the new year on a strong note with the price of its native cryptocurrency (ADA) having gained well over 30% since January 1st. Still, experts are convinced that the recent gain is just a drop in the bucket compared to where ADA may be headed in 2025. A recent ADA price prediction…