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A man accused of posing as an Uber driver in Scottsdale, Arizona, has been arrested on charges of stealing a total of $300,000 in cryptocurrency from two unsuspecting passengers. According to a recent report from Fox10 Phoenix, the suspect, identified as Nuruhussein Hussein, allegedly targeted passengers outside the W Hotel in Scottsdale in two separate…

Ethereum spot exchange-traded funds (ETFs) are witnessing unprecedented investor interest, with a record $855 million net inflow during the week of December 9–13, 2024, according to data from Sosovalue. BlackRock’s ETH ETF (ETHA) led the surge, accounting for $523 million of the weekly inflows, while Fidelity’s FETH followed with $259 million. Grayscale’s ETHE also captured…

Ripple’s Chief Technology Officer (CTO), David Schwartz, has cautioned that Ripple’s upcoming US dollar-pegged stablecoin, RippleUSD (RLUSD), may face supply shortages upon launch. In a recent post on X, Schwartz warned of potential price volatility due to large orders despite the stablecoin’s 1:1 parity with the US dollar. Schwartz revealed that pre-market activity had already…

The head of South Korea’s stock exchange says the nation should “institutionalize crypto” and “act quickly” or risk losing ground on its international rivals. In an interview with the South Korean newspaper Maeil Kyungjae, Jeong Eun-bo, the head of the Korea Exchange, argued that the crypto market needs help to “overcome regulatory obstacles.” “The cryptoasset…

The crypto market is brimming with opportunities as Hyperliquid (HYPE) gains 9.12%, targeting $25.90 resistance, and Ethena (ENA) surges 24.99%, breaking key trendlines to aim for $1.30. Meanwhile, Crypto All-Stars ($STARS) presale hits $17.67M with just 4 days left, offering 163% APY staking rewards. These tokens present strong growth potential as 2024 approaches, drawing investor…

The U.K. says it has cracked open multibillion-dollar money laundering networks that relied heavily on cryptocurrencies to conceal wealth and move it internationally. “Operation Destabilise” was the brainchild of the National Crime Agency, and exposed malicious actors “supporting serious and organized crime around the world.” Two Russian networks in particular, known as Smart and TGR,…

Logan Paul: Bad Influence? is a crazy documentary to watch, and meticulously lays out a flurry of damning allegations related to a number of crypto projects. It appeared on BBC Three in the U.K — a youth-focused TV channel that aims to reach 16 to 34-year-olds. That aligns very closely with this YouTuber’s audience. Crypto…

New data from Glassnode highlights growing confidence among Solana (SOL) investors, with a significant increase in long-term asset retention. At its current price of $218.35, SOL continues to attract holders expecting higher valuations in the months ahead. Glassnode’s findings show that 27% of Solana’s supply is held by investors in the 6-12 month category, reflecting…

Ripple’s XRP continues to consolidate around $2.41, testing the downward trendline resistance near $2.50. The price correction follows an impressive rally earlier in the year, where XRP climbed over 383%, briefly reaching $2.90. Now, with the year’s final Federal Reserve meeting on the horizon, XRP faces pivotal moments that could determine its trajectory into 2025….

The number of Bitcoin wallets holding less than 1 BTC is projected to increase by nearly 9% in the coming weeks as small-scale investors continue to accumulate despite Bitcoin’s price surpassing the $100,000 mark. This trend reflects growing confidence among retail investors, according to crypto analyst and CryptoQuant contributor Axel Adler. “Despite being labeled as…