Australian authorities have intensified efforts to combat crypto scammers impersonating Binance, the world’s largest cryptocurrency exchange by trading volume. The Australian Federal Police (AFP), National Anti-Scam Centre (NASC), and Binance Australia have issued warnings to victims about the sophisticated fraud scheme, which leverages fake messages to deceive users into transferring their crypto holdings. In a…
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Market Shows Signs of Recovery as Fed Confirms 2025 Rate Cuts
The Federal Reserve has signaled that rate cuts are likely later this year, fueling optimism in the markets and even nudging the crypto space into recovery. On Thursday, the crypto market cap rose 1.4%, with Bitcoin nearing $86,000 as investors digested news that the central bank is holding rates steady for now, while hinting at…
Solana CEO Expresses Regret Over Controversial ‘America Is Back’ Ad
Solana’s co-founder and CEO Anatoly Yakovenko has finally responded to the recent “America is Back—Time to Accelerate” advertisement that garnered intense criticism from the community. He expressed regret over the ad, admitting that it was “mean” and “bad” and targeted marginalized groups. “The ad was bad, and it’s still gnawing at my soul,” he wrote…
Kraken Moves to Capture Futures Trading With $1.5B NinjaTrader Acquisition: Report
Kraken is set to finalize a landmark $1.5b deal to acquire US-based retail futures trading platform NinjaTrader, a move expected to expand the exchange’s reach beyond traditional digital assets. The Wall Street Journal reported Wednesday that an agreement could be announced as soon as Thursday morning. It signals a bold step forward in Kraken’s diversification…
Dogecoin Approaches Key Resistance Level – Here’s Where Its Headed Next
Things aren’t looking good for Dogecoin (DOGE) right now, with the crypto industry’s biggest meme coin on the cusp of testing a major short-term resistance level that could send it back to fresh multi-month lows. Dogecoin (DOGE) was last around $0.176, a solid 20% up from its lows near $0.14 last week. 6% of those…
Russia Jails Citizen for 15 Years for ‘Sending Crypto to Ukrainian Army’
A Russian court has sent a man to jail for 15 years after convicting him of sending crypto to the Ukrainian military. Per a report from the state-run news agency TASS, the man is a resident of the Oryol Oblast, some 370km to the south of Moscow. The court heard that the man used crypto…
Elliott Wave View: Bank of America (BAC) Short Term Favors Upside
Short Term Elliott Wave view in Bank of America (BAC) suggests wave ((3)) rally ended at 48.56. Wave ((4)) pullback unfolded as a double three Elliott Wave structure. Down from wave ((3)), wave (W) ended at 43.35 and wave (X) ended at 46.96. Wave (Y) lower unfolded as a zigzag Elliott Wave structure. Down from…
Value Creation Joins Japanese Corporate Bitcoin-Buying Frenzy
Value Creation, a Japanese, Tokyo Stock Exchange-listed real estate and digital transformation firm, has announced it has bought 100 million yen (around 667,000) worth of Bitcoin (BTC). Per an official Value Creation announcement and a report from the Japanese-language media outlet CoinPost, the firm has bought around BTC 8.02 at an average acquisition price of…
Bitget Wallet Launches Super DEX for Onchain Trading
On Wednesday, Bitget Wallet has launched Super DEX, a decentralized trading platform designed to improve security, and accessibility of onchain token swaps. Bitget Wallet’s Super DEX—an upgraded Swap experience Built for efficiency, speed, and Alpha discovery, enjoy an ultimate DEX experience at your fingertips! Here’s 7 reasons why it’s time to switch over to Bitget…
Bitcoin Crashes While Gold Runs Hot – Are Investors Abandoning BTC?
Bitcoin (BTC), often touted as “digital gold,” is struggling to maintain stability while traditional gold soars to record highs. Market volatility, macroeconomic uncertainty, and shifting investor sentiment have raised concerns about Bitcoin’s reliability as a hedge against economic turmoil. Gold Just Set a New All-Time High While Bitcoin Is Falling: What’s Going On? Bitcoin might…