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The Verdict Pablo Rodriguez, co-founder of the cryptocurrency pyramid scheme known as AirBit Club, has been sentenced to a 12-year prison term. This decision comes after Rodriguez pleaded guilty to wire fraud conspiracy charges in a US District Court earlier in March. In addition to the prison term, Judge George B. Daniels has mandated an […]

A Bullish Monday for Cryptocurrencies Unlike the previous week, where Bitcoin (BTC) experienced a significant drop, the cryptocurrency market has shown a strong rebound. Bitcoin, the leading digital currency, surged to an almost 7-week peak, reaching $28,500. This bullish trend was not limited to BTC alone. Altcoins, including Solana, Cardano, and MATIC, have also witnessed

Bitcoin, the world’s leading cryptocurrency, has witnessed a significant surge of almost 4%, reaching a peak of $28,000 during the Monday morning Asian trading session. This marks the highest price point for Bitcoin since August 17, though it faces substantial resistance at this level. The Surge and Analysts’ Insights Bitcoin’s recent rally has caught the

A Historic Move in the Crypto World Valkyrie Investments, a firm previously recognized for its Bitcoin Mining ETFs, has taken a groundbreaking step by announcing its intention to invest in Ether Future ETFs. This strategic move will position Valkyrie as the first entity to provide exposure to both Ether and Bitcoin futures contracts. The company

The Current State of the Cryptocurrency Market Ripple (XRP) has exhibited a notable performance in the last 24 hours, marking an increase of approximately 2.5%. This surge has allowed the cryptocurrency to surpass the $0.50 mark, hinting at the potential for even higher values. This uptick is not isolated to Ripple alone; the broader cryptocurrency

The Bullish Surge Bitcoin, after a brief struggle below the $27,000 mark, has finally soared above it, marking a 9-day high. This comes after the cryptocurrency faced a dip following the recent US Federal Reserve FOMC meeting, where it settled around the $26,600 mark. The landscape took a downturn on Monday, with Bitcoin slipping just

The Unprecedented Rise Crypto markets have largely remained stagnant since mid-March. However, MakerDAO’s MKR token tells a different story. Gaining an impressive 200% since the start of the year, it reached its zenith this week, marking its highest point since May 2022. In less than a month, MKR has surged by approximately 50%. So, what’s

Bitcoin’s Recent Moves Bitcoin, the world’s most renowned cryptocurrency, recently made an attempt to breach the $27,000 mark. This move came after a week of achieving local peaks around $27,500. However, the momentum was short-lived, and the cryptocurrency faced a decline of over $1,000 last Thursday. This dip was influenced by the US Federal Reserve’s

The Dominance of the Elite Recent data from the blockchain platform Glassnode reveals that a staggering 99% of Bitcoin’s circulating supply is held by the top 1% of Bitcoin addresses. This figure has reached a three-month high, with the last similar concentration observed at the end of June 2023. Interestingly, a significant portion of these

A Resounding Vote for Restructuring More than 95% of Celsius creditors, spanning all eligible classes, have cast their votes in favor of the company’s restructuring plan. This significant decision took place on September 26, marking a pivotal moment in the firm’s Chapter 11 bankruptcy proceedings. The company has expressed its gratitude for the overwhelming support,