Tag

Cryptocurrency

All articles tagged with #cryptocurrency

crime-and-public-safety14 hours ago•11 min saved

Orlando crypto CEO’s $328M Ponzi scheme alleged to fund lavish life and real estate

The DOJ accuses Christopher Delgado, 34, founder/CEO of Orlando-based Goliath Ventures, of running a $328 million Ponzi scheme from 2023 to 2026 that misused investor funds—only about $1 million went into a crypto liquidity pool while the rest paid earlier investors, financing lavish events and four luxury homes in Windemere, Winter Park, Kissimmee, and Sanford; Delgado was arrested on wire fraud and money-laundering charges and had public ties to charities and local politics.

via Orlando Sentinel|

#crime-and-public-safety #cryptocurrency #money-laundering

business1 day ago•2 min saved

Binance Faces Allegations of Iran-Linked Fund Transfers

Internal Binance investigators reportedly found that Iranian-linked users accessed more than 1,500 accounts and that about $1.7 billion was moved to Iranian-backed groups, including Houthis, during 2024–25. Several investigators were disciplined or fired over handling client data, while Binance denies any sanctions violations. The report follows prior legal actions involving founder Changpeng Zhao and a Trump pardon, set against ongoing scrutiny of the exchange.

via The Guardian|

#binance #business #cryptocurrency

business1 day ago•3 min saved

Bitcoin slips under $63K as fear grips crypto markets; capitulation not yet in sight

Bitcoin fell below $63,000 as the crypto market extended its slide amid extreme fear, briefly hitting about $62,700 before rebounding to around $63,200. ETFs continued to see net outflows, and analysts say the downturn reflects macro headwinds and ongoing deleveraging rather than full capitulation, with a critical support zone at $60,000–$63,000 and the risk of a deeper drop if that level breaks.

via The Block|

#bitcoin #business #cryptocurrency

business2 days ago•21 min saved

XRP Flags Fifth Consecutive Red Month as Analysts Gauge Realistic Rally

XRP is on track for its fifth consecutive red monthly candle; historically this pattern preceded explosive rallies, but today’s $88B market cap makes a 60,000% surge unlikely. Analysts see 150-250% upside if the pattern repeats, driven by ETF inflows and a Bitcoin rebound, with a path back toward the July 2025 high of $3.65–$5.00 in reach. Key levels to watch are support around $1.50–$1.60 and a Bitcoin rally above roughly $75k to spark a reversal.

via 24/7 Wall St.|

#bitcoin #business #cryptocurrency

finance2 days ago•4 min saved

AI model flags slim chance XRP could slip to $0.50 amid market pullback

Finbold reports that ChatGPT estimates a low-probability path for XRP to fall to $0.50—about 5% in 1–3 months and 12–15% in 6–12 months—requiring a major negative catalyst like a crypto market crash or regulatory shock; XRP trades around $1.42, well below its 50-day ($1.78) and 200-day ($2.31) moving averages, with a neutral RSI (~42), reflecting weak near-term rebound momentum amid a broader crypto downturn.

via Finbold|

#chatgpt #cryptocurrency #finance

business2 days ago•3 min saved

Bitcoin slides under 65k as macro shocks spark risk-off sell-off

Bitcoin dropped below $65,000 as macro headlines and risk-off sentiment hit crypto markets, with hundreds of millions of dollars in long positions liquidated in an hour and Ether, XRP, and Solana also sliding; analysts say the move reflects broad risk-off dynamics driven by geopolitical jitters, weak U.S. data, and ETF outflows, with traders watching for a support level around $60–66k and potential catalysts for a rebound.

via The Block|

#bitcoin #business #cryptocurrency

business3 days ago•2 min saved

Bitcoin slides below $65K as tariff fears roil markets

Bitcoin fell more than 5% to about $64.8K after President Trump signaled global tariffs of 15%, with the move reflecting renewed macro risk and weak liquidity. Analysts say the drop is part of a broader bear market pattern rather than a single catalyst, as investors rotate into safe havens like gold and rotate out of risk assets; Bitcoin has shed roughly 26% this year and over 47% from its October high, with some expecting potential downside toward $50K before a durable bottom forms.

via CNBC|

#bitcoin #business #cryptocurrency

society5 days ago•7 min saved

Bay Area retiree loses $500K to a romance scam tied to crypto hype

A San Francisco retiree wired more than $500,000 to a woman he met online after months of romance, believing they’d start a new life together. The scam, a so-called pig-butchering scheme leveraging crypto promises, led funds to overseas accounts in Malaysia and Vietnam. Despite repeated warnings from family and friends and alerts to authorities, the victim pressed on, later realizing the supposed multi-million crypto stash required a $25,000 unlock fee and that he’d been scammed. The case highlights how persistent online romance scams can drain life savings even in the face of clear red flags.

via ABC7 San Francisco|

#bay-area #cryptocurrency #fraud

business7 days ago•5 min saved

Trump Family Unveils USD1: A Private Stablecoin Aiming to Modernize the Dollar

The Trump family, through World Liberty Financial, launched USD1—a stablecoin pegged to the dollar and pitched as an upgrade to U.S. currency. They argue private-sector innovation can modernize finance and preserve dollar dominance, detailing plans at a Mar-a-Lago event and suggesting the private project could spur structural demand for U.S. debt. The venture frames itself as complementary to the dollar, not a threat, though questions remain about private control of a national monetary instrument.

via CNBC|

#business #cryptocurrency #stablecoin

business7 days ago•4 min saved

Dollar-Pegged Coins Break Into Everyday Wallets, Global Study Finds

A global survey of 4,658 adults across 15 countries finds stablecoins, pegged to the dollar and totaling about $300 billion in market cap, are shifting from a trading tool to everyday money used for payments, payroll, and savings. Among crypto users, 54% held stablecoins in the past year and 56% plan to acquire more; freelancers earn roughly 35% of their income in stablecoins, and about three-quarters say it improves cross-border work. Holders allocate about one-third of their savings to crypto/stablecoins, with higher uptake in lower-income regions like Africa. About 52% have bought something specifically because a merchant accepts stablecoins, highlighting growing merchant acceptance. Regulators are moving to clarify rules, potentially accelerating adoption."

via The Block|

#business #cross-border #cryptocurrency

markets9 days ago•6 min saved

Bitcoin Eyes Five-Month Selloff as 2018 Bear Returns Loom

Bitcoin is on track for its longest losing streak since 2018, potentially five straight red months if February closes red, as BTC trades around $67.6k after a ~52% drop from October’s high and near the 2018 bear drawdown of ~56%. The total crypto market cap sits near $2.33 trillion amid broader macro weakness in equities and ongoing liquidations. Technically, BTC remains below the EMA200 and EMA50 with RSI ~34.7 and ADX ~56, signaling strong bearish momentum. Prediction markets show about a 60% chance BTC tests $55k before $84k, underscoring a continued bearish-to-sideways setup unless a sharp rally materializes.

via Decrypt|

#bear-market #bitcoin #cryptocurrency

business9 days ago•3 min saved

XRP Risks Further Decline to $1 as Crypto Winter Shifts Liquidity

XRP has fallen about 25% in 2026 amid broad crypto weakness and liquidity rotation toward AI investments. With XRP trading around $1.35, analysts note the token’s hype may fade and its price could normalize or slide to $1 or lower by year-end, though some investors see a potential dip-buy opportunity if XRP is treated as infrastructure rather than a speculative asset.

via The Motley Fool|

#business #cryptocurrency #markets

world16 days ago•7 min saved

AI Eyes Ransom Notes in Guthrie Case as Bitcoin Deadline Looms

Investigators in the Nancy Guthrie abduction have enlisted artificial intelligence experts to examine ransom notes for credibility and origin, as a second $6 million bitcoin deadline approaches, highlighting how AI-written messages and cryptocurrency tracking complicate efforts to locate Guthrie and secure her safe return.

via latimes.com|

#ai-analysis #cryptocurrency #kidnapping

technology16 days ago•13 min saved

RHIC shutters for Electron-Ion Collider as Bitcoin, Mars findings, and self-driving debates ripple through tech links

A Hackaday Links roundup: RHIC is shut down to make way for the Electron-Ion Collider; Waymo discusses remote assistance for unresolved driving scenarios; Bitcoin dips below $63k before rebounding amid AI-driven uncertainty and political context; Windows 3D Viewer is deprecated with a slick web-based replacement; NASA reports Curiosity’s Martian organics not fully explained by non-biological processes; debates over low-Earth orbit satellite density highlight space’s vast scale; and Xikipedia offers a continuous Simple English Wikipedia feed.

via Hackaday|

#artificial-intelligence #cryptocurrency #particle-physics

$Crypto turmoil reveals fractures in Trump's coalition$

politics16 days ago•4 min saved

Crypto turmoil reveals fractures in Trump's coalition

Crypto markets have cratered since October, challenging Trump’s pro-crypto stance as insider profits and a Trump-family wallet sale fuel backlash; despite industry backers and GOP-aligned PACs preparing to spend, there’s no clear evidence the crypto revolt will sway elections, and discontent spans multiple traditional Trump constituencies, driven by affordability and immigration concerns.

via Axios|

#cryptocurrency #economy #maga