Cryptocurrency - news

Lawrence Summers slammed President-elect Donald Trump’s plan for a Bitcoin reserve but agreed that “crypto has been over-regulated.”

A Maryland Heights man, Richard Charles Appelbaum III, has been sentenced to three years in prison and ordered to repay $2.3 million for his role in laundering millions through cryptocurrency. Appelbaum, 40, conspired with others to funnel proceeds from Business Email Compromise (BEC) and romance fraud schemes into cryptocurrency via Coins2trade. Recruited by “E.S.,” allegedly […]

Australia is tightening its grip on cryptocurrency financial crime with the launch of a new task force targeting crypto ATM providers.  AUSTRAC, the country’s financial intelligence agency, is leading this effort, focusing on ensuring strict compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) laws. With over 1,308 cryptocurrency ATMs operating across Australia, the machines […] The post Australia to Crack Down on Crypto ATM Providers Due to Money Laundering Risk appeared first on CryptoNinjas.

Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark. Related Reading: No Sweat! Dogecoin Will Hit $5 ‘Very Easy’ In 2025 – Analyst A market observer even claimed that XRP is on track for a massive price rally in the ongoing digital asset bull market as many cryptocurrencies are hitting all-time highs due to the positive outlook on the industry. XRP Could Hit $3 Analysts are confident that XRP is still on the way to reaching $3 per coin, saying that the recent pullback in its price does not dampen the enthusiasm of market experts on crypto. They added that despite the price dip, investors continue to have a positive sentiment on its future. WallStreetBets, a pseudonymous analyst, emphasized in a post the significance of being bullish on XRP as the coin experiences the ebbs and flows before being catapulted to the $3 level. “If you’re not long XRP right now, you don’t respect yourself,” [...]

The company now holds a total of 1,873 BTC in its corporate treasury. Healthcare Technology Company Sells Shares To Buy Bitcoin Medical device firm Semler Scientific (Nasdaq: SMLR) purchased 303 bitcoin (BTC) between November 25 and December 4, bringing its total bitcoin holdings to 1,873, worth nearly $190 million at current prices. The purchase cost […]

XRP price remained in a range below the $2.50 zone. The price is consolidating above $2.150 and might aim for a fresh increase above the $2.40 level. XRP price started another decline and traded below the $2.40 level. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.38 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.40 resistance. XRP Price Consolidates above Support XRP price started another decline after it failed to surpass the $2.50 resistance zone unlike Bitcoin and Ethereum. There was a move below the $2.40 and $2.30 levels. However, the bulls remained active above the last low and support at $2.15. The price is now moving higher and trading above $2.20. It is testing the 23.6% Fib retracement level of the recent drop from the $2.866 swing high to the $2.166 low. The price is now trading below $2.40 and the [...]

Russia is set to integrate its central bank digital currency (CBDC), the digital ruble, into its federal budget system starting next year, with nationwide adoption targeted by July 1, 2025, President Vladimir Putin announced at the 15th VTB Russia Calling! Investment Forum. Highlighting ongoing efforts to enhance business efficiency, Putin emphasized the development of infrastructure […]

Bitcoin price declined sharply from the $104,015 high and dipped below $95,000. BTC is now recovering losses and facing hurdles near $99,000. Bitcoin started a major decline after hitting a new all-time high at $104,015. The price is trading above $97,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain momentum if it closes above the key milestone level of $100,000. Bitcoin Price Recovers Losses Bitcoin price started another increase above the $98,500 resistance zone. BTC was able to clear the $99,500 and $100,000 resistance levels. The bulls even pumped it to a new all-time high. A high was formed at $104,015 and the price saw a major downside correction. There was a drop below the $100,000 and $95,000 levels. The price tested the $92,000 zone. A low was formed at $91,800 and the price is now recovering losses. There was a move above the [...]

Cardano, once again, has been at the forefront of innovations in the blockchain space through this latest feat. Hydra, a layer-2 scaling solution, has successfully performed 2 billion transactions in a mere four hours, surpassing Visa’s daily volume. This marks a historic day for Cardano, marking not only its technical prowess but also a strong contender in DeFi. Related Reading: Cardano Rally Heats Up: Experts See 750% Jump Ahead Cardano: Outperforming Visa And Solana Cardano now has an advantage over big competitors thanks to Hydra’s success. Visa, recognized for its efficiency, handles approximately 0.72 billion transactions per day—less than half of what Hydra accomplished in a fraction of the time. Meanwhile, Cardano’s network has been processing over 9,900 transactions per second, surpassing Solana in transaction speed and confirming its image as a highly scalable blockchain technology. JUST IN: Cardano $ADA has crossed 9,900 transactions per second surpassing Solana. [...]

President-elect Donald Trump has announced via Truth Social the appointment of entrepreneur and investor David O. Sacks as the “White House A.I. & Crypto Czar.” In this newly created role, Sacks will lead policy initiatives in artificial intelligence and cryptocurrency, areas Trump describes as “critical to the future of American competitiveness.” A prominent figure in […]

On Thursday, while bitcoin hit an all-time high in price, XRP, currently the fourth-largest cryptocurrency, faced a less fortunate day. It dropped 3.9% against the U.S. dollar. Despite the slip, XRP remains on an impressive upward trajectory, boasting a 56% gain over the past week. From $2.25 to Big Bets on Polymarket: XRP’s Tumultuous Ride […]

Recent trading activity indicates that BONK is maintaining stability at the critical $0.00004002 support level. This stabilization comes after a period of downward pressure, raising speculations of a rebound on the horizon. With bulls showing signs of resilience, the stage is set for a comeback that could redefine BONK’s near-term trajectory. Will this level be the springboard for a recovery, or is further consolidation needed before the next move? Support Holds Steady: Signs Of A Bullish Rebound As market sentiment teeters between caution and optimism, determining the meme coin’s recent hold at the $0.00004002 support level is crucial in order for investors and traders to reevaluate their positions ahead of potential volatility. Related Reading: BONK Jumps 20% As ‘Dog Season’ Starts, Analyst Says On the 4-hour chart, BONK is exhibiting a steady upward trajectory despite trading below the 100-day Simple Moving Average (SMA). After rebounding strongly from the critical $0.00004002 [...]

The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.”