Author: John Smith
India’s Enforcement Directorate has seized cryptocurrency worth $286 million under anti-money laundering laws. Summary ED seizes $286M in crypto under anti-money laundering probe into OctaFX. Pavel Prozorov, the OctaFX mastermind, was arrested in Spain for cybercrimes. OctaFX duped Indian investors of $225M through global Ponzi network. They also announced the arrest of Pavel Prozorov, the alleged mastermind behind the multi-billion-dollar OctaFX Ponzi scheme. Spanish authorities arrested Prozorov based on his involvement in cybercrimes affecting multiple countries, according to an ED statement. The provisional order issued under the Prevention of Money Laundering Act attaches the cryptocurrency holdings as part of an…
The Bitcoin price has crashed into a correction after plunging by 14% from its highest point this year, and the trend may continue as a risky pattern forms and exchange-traded fund (ETF) outflows persist. Summary Bitcoin price has formed a double-top pattern on the daily chart. Spot Bitcoin ETFs shed over $1.6 billion in assets this week. Investors are experiencing significant concerns following the recent liquidations. American investors dumped their Bitcoin (BTC) holdings this week as the crypto Fear and Greed Index plummeted into the fear zone and liquidations surged. Data compiled by SoSoValue shows that spot Bitcoin ETFs shed…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse launches first crypto-powered CS2 league with $5.5m prize pool and on-chain transparency. Summary XYZVerse launches the first crypto-powered CS2 league with a $5.5m prize pool, uniting esports and blockchain. The new XYZVerse CS2 league brings transparency, rewards, and on-chain engagement to competitive gaming. With 1m+ expected views and growing demand, XYZVerse boosts exposure and utility for its community and token holders. Bitcoin’s value takes a sharp turn amid heavy sales from major funds. A wave of withdrawals sparks…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Mutuum Finance nears $20m presale as it gears up for its Q4 2025 DeFi lending protocol launch. Summary Mutuum Finance nears $20m presale as it prepares to launch its unique DeFi lending protocol in Q4 2025. Built on Ethereum, Mutuum Finance blends P2C and P2P models to create a flexible, risk-managed DeFi lending platform. Mutuum Finance’s presale momentum grows ahead of its $0.06 token launch after raising $17.6m.. The DeFi space is preparing for its next wave of innovation,…
October seems on the verge of canceling Uptober as crypto prices retraced after a recent multi-billion-dollar liquidation. But even with that, analysts say steady ETF demand can still support a rebound. Summary October started strong for Bitcoin, with ETF inflows and institutional demand pushing crypto prices to new all-time highs, following historical trends that make the month one of the best for the cryptocurrency. That momentum was quickly shaken when a $19 billion liquidation event, amplified by thin order books and crowded derivatives. But analysts say the seasonal rally isn’t dead yet. October started like a typical Uptober, with ETF…
Bitcoin and most alcoins continued their strong sell-off as sentiment in the industry worsens and as the crypto bull run ends. Summary Bitcoin and most altcoins continued their strong sell-off this week. The Altcoin Season Index moved from the YTD high of 80 to 41. Some potential catalysts may help to boost these coins in the coming weeks. Bitcoin (BTC) moved briefly below $104,000, while most altcoins, including blue-chip names like Ethereum (ETH) and Ripple (XRP) are in a bear market. As a result, the Altcoin Season Index has plunged to 41, its lowest level since August 12 and much…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LILPEPE’s presale raises $26.9m as the memecoin nears the end of Stage 13 at $0.0022. Summary LILPEPE nears $27m in presale, fueling debate on whether its bold $5-by-2030 target is fantasy or feasible. Analysts eye $0.10 debut for LILPEPE as presale momentum builds and CertiK audit boosts investor confidence. To hit $5, LILPEPE must defy odds with massive liquidity, utility growth, and multi-cycle community support. The narrative of LILPEPE so far is one of bold ambition. This memecoin, still…
WLFI price continues in a bearish structure, with price action likely to extend lower toward the $0.10 support before any meaningful bullish rotation can develop. Summary WLF continues forming lower highs and lower lows. $0.10 Fibonacci support is the next major target. Reclaim and hold above $0.10 could trigger a bounce toward $0.19. World Liberty Financial (WLFI) remains entrenched in a bearish market structure, with consecutive lower highs and lower lows defining its current trajectory. Despite brief relief rallies, price action continues to favor sellers, indicating that the downtrend remains intact. The next critical level to watch lies near $0.10,…
Li Lin, the founder of crypto exchange Huobi, has set his sights on a $1 billion ETH treasury, a move that could make the initiative one of the largest accumulators of the cryptocurrency. Summary Huobi founder Li Lin plans to scoop $1 billion of Ether for digital asset treasury. Lin’s Avenir Group is among Asia’s biggest spot Bitcoin exchange-traded funds holder. Ethereum continues to attract public companies eyeing ETH as a treasury bet. Lin, who is also the chairman of Avenir Capital, a Hong Kong–based investment group focused on bridging traditional finance and digital assets, plans to launch a new…
Brian Rudick, Chief Strategy Officer at Upexi, explained why treasury firms are still HODLing after the latest crypto market crash. Summary Upexi hasn’t sold a single token post-crash — their 2M+ SOL position remains unchanged Upexi says volatility enhances the value of the convertible bonds they issue, enabling better capital raises Solana was chosen over Ethereum due to its throughput, composability, and monolithic architecture When the crypto market shed over $1 trillion in value in a matter of hours, many investors panicked. Still, crypto treasury companies, which hold large amounts of spot tokens on their balance sheets, did not flinch.…