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Federal prosecutors have indicted filmmaker Carl Erik Rinsch, alleging he misappropriated $11 million from Netflix to fund risky stock and cryptocurrency trades instead of producing a sci-fi television series. The U.S. Department of Justice (DOJ) unsealed the indictment in a Manhattan federal court on March 18, charging Rinsch with fraud and money laundering. If convicted,…
Crypto.com is facing fresh scrutiny from the cryptocurrency community following its controversial vote to mint 70b CRO tokens, worth about $5b. CRO is the native cryptocurrency of the Crypto.com ecosystem, used for transaction fees, staking and rewards on the platform. The move has fueled fears that the exchange might be secretly insolvent, according to a…
The pro-crypto Trump administration has become conducive to many crypto firms seeking to register as bank charters to expand businesses. Several fintech and crypto-focused companies are applying for state or national bank charters, Reuters reported on Tuesday. These companies have been hoping to gain licenses that were slow or more unlikely to be approved under…
Bo Hines, executive director of the Presidential Council of Advisers for Digital Assets, said on Tuesday that the US is exploring ways to acquire Bitcoin without using taxpayer money. Speaking at the Blockworks Digital Asset Summit 2025 about the administration’s approach, he said the initiative aligns with President Trump’s campaign promises while recognizing Bitcoin’s unique…
Elliott Wave Analysis Suggests a Strong Bullish Cycle as PEL Completes Wave II Correction Piramal Enterprises Ltd (PEL) has completed its Wave II correction. Now, the stock is in the early stages of a strong bullish cycle. The Elliott Wave count suggests that the stock has formed a significant bottom and is set to advance…
Meme coins are getting a serious upgrade, and Pepeto is leading the charge. While scrolling through crypto Twitter, you’ve probably noticed countless dog and frog tokens popping up, most offering nothing but cute logos and vague promises. Pepeto is taking a different approach, and investors are starting to notice. According to the project’s mythology, Pepeto…
Imagine paying for coffee with crypto as easily as using a credit card, while the shop pays just 0.5% in fees instead of 3%. SpacePay makes this possible by connecting over 325 crypto wallets to standard payment terminals. As the platform approaches $1 million in presale funding with tokens at $0.003126, it offers a practical…
Sberbank, Russia’s largest bank, has launched a blockchain technology-powered token that tracks global cocoa prices. The bank’s coin is a so-called digital financial asset (DFA). Sberbank said its token price was “tied to the international price of cocoa” through “a cash-settled futures contract” on the Moscow Exchange. Sberbank Launches Blockchain-powered Commodities Token The Russian media…
US President Donald Trump caused a major stir in the crypto markets in early March when he announced on X that the US would establish a crypto reserve that would include XRP (XRP), Bitcoin (BTC) and other major altcoins. DJT on Truth Social – wow he’s confirming XRP will be included in the Strategic Reserve….
Gold Miners ETF (GDX) shows incomplete bullish sequence from 30 December 2024 low favoring more upside. Up from 30 December, wave (1) ended at 43 and pullback in wave (2) ended at 38.58. Wave (3) higher is in progress with internal subdivision as a 5 waves impulse Elliott Wave structure. Up from wave (2), wave 1…