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99Bitcoins
1M
233
Who is Malone Lam? 13 Indicted in $263M RICO Conspiracy
- Authorities uncovered a wider crypto scam scheme involving Malone Lam and 12 other individuals, who stole over $263 million through social engineering, wire fraud, and money laundering.
- Lam and Conor Flansburg operated under multiple online aliases to orchestrate crypto heists and have been charged under the RICO Act.
- The syndicate stole crypto wallets, converted assets into US dollars, and engaged in money laundering, with Lam running operations even from behind bars.
- Thirteen suspects, including Lam, face charges of racketeering, wire fraud, money laundering, and obstruction of justice.
- Despite his arrest, Lam faces a minimum 20-year jail term and significant fines if convicted.
- The group's modus operandi involved specific roles like database hacking, scam calls, and burglary to steal and launder crypto funds.
- They covered their tracks through straw owners, shell companies, and indulged in a lavish lifestyle, spending over $500,000 a night at nightclubs.
- Authorities plan to seize luxury assets, including cars and designer items, purchased with stolen funds to fund Lam's legal defense.
- Lam's trial is set to begin in October 2025, and the group's activities extended from 2023 to 2025, involving thefts in the US and abroad.
- Key takeaways include Lam facing a potential 20-year prison sentence, the group resorting to burglary for crypto theft, and Lam's upcoming trial date.
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Bitcoinsensus
1M
270
Image Credit: Bitcoinsensus
SUI Price Prediction: Is $3.23 the Key Level?
- SUI price reacted sharply from a daily supply zone, indicating a potential bounce towards the $3.44-$3.23 daily demand zone.
- SUI is a Layer 1 blockchain by Mysten Labs, focused on scalability and high-speed transactions for next-gen dApps.
- The $3.44-$3.23 zone is crucial for potential price movement as it previously sparked a major impulse, with liquidity above the H4 trendline playing a significant role.
- While predictions suggest a bounce from the mentioned levels, it is essential to manage risks and remain adaptable as market outcomes are not guaranteed.
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TronWeekly
1M
440
Image Credit: TronWeekly
Aave (AAVE) Surges 24%, Eyes $285 as Buyers Dominate Price Action
- Aave (AAVE) surged by 24%, surpassing multiple resistances with strong volume and bullish technical signals.
- Key resistance for AAVE is at $268, with potential next targets set at $285 and $303 if the current momentum is sustained.
- The surge in AAVE's price follows the U.S. Senate's progress on the GENIUS Act, bringing regulatory clarity that could attract institutional investors.
- Technical indicators show AAVE is trading strongly above key moving averages, with bullish momentum, although caution is advised due to overbought conditions.
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26 Likes
TheNewsCrypto
1M
137
P2P.org and Re7 Labs Collaborate with Kamino Finance to Introduce Incentivized rstSOL Staking
- P2P.org collaborates with Kamino Finance to integrate rstSOL into the ecosystem, with 3,000 JTO tokens initially granted to liquidity providers.
- Lending markets and leveraged rewards will be added to enhance integration of rstSOL into the Kamino ecosystem, with Re7 Labs supporting complexity management.
- The partnership offers new opportunities for Solana users to engage in restaking, earn incentives, and participate in decentralized finance infrastructure.
- Re7 Labs' experience in risk curation and onchain vault design will contribute to the safety and composability of the rstSOL liquidity stack, further strengthening the collaboration.
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Bitcoinsensus
1M
142
Image Credit: Bitcoinsensus
Cardano Price Prediction: Will ADA Hit $1 if Bullish Structure Holds?
- Cardano is showing a bullish structure on the daily timeframe with higher highs and higher lows.
- There is a significant demand zone that could potentially trigger a bounce, but the presence of liquidity below complicates the situation.
- If the current bullish structure holds, there is a possibility that ADA might rally towards the $1 mark, although outcomes are not guaranteed.
- While there is potential for ADA to reach $1 if market conditions align, it's important to remember that price movements are unpredictable and market outcomes can vary.
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99Bitcoins
1M
178
Binance Files Motion To Drop FTX’s $1.76 Billion Clawback Lawsuit
- Binance has filed a motion to dismiss a $1.76 billion clawback lawsuit from the estate of the now-defunct FTX exchange.
- Binance argues that the claim lacks merit and the court has zero jurisdiction over the case.
- The legal battle revolves around the 2021 transaction where FTX repurchased a stake from Binance, leading to allegations of causing FTX's collapse.
- FTX estate believes CZ's public comments caused their downfall, while Binance's legal team argues lack of personal jurisdiction and denies involvement in the collapse.
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10 Likes
TheNewsCrypto
1M
45
Is Curve DAO Token (CRV) Set To Reach $0.80 After Surging Past $0.72?
- CRV is currently trading at $0.7223, with a 24-hour high of $0.7504 and market cap near $970M.
- Technical signals suggest support at $0.66 and resistance near $0.75, with a potential target of $0.80 if momentum returns.
- CRV saw a daily gain of 9.39% and a trading volume increase of over 57%, indicating high market interest.
- Bullish signals for CRV are supported by DeFi market strength and the potential for further gains based on technical analysis.
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2 Likes
Coindoo
1M
353
Image Credit: Coindoo
Dogecoin at a Pivotal Point: Will the Rally Hold or Fade?
- After a prolonged period of sideways movement, Dogecoin (DOGE) has shown signs of life with a recent strong upward move.
- Analyst Altcoin Sherpa highlights that DOGE spent around two months in a consolidation phase before the recent rally, sparking speculation on a potential trend reversal.
- The key question now is whether Dogecoin can establish a higher low, with a support level suggesting a potential price target around $0.30, but failure could lead to a drop back to $0.15–$0.16.
- The upcoming weeks will be critical in determining if the current rally in DOGE will sustain for a broader trend or if it will return to its usual pattern of volatility and decline.
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TronWeekly
1M
0
Image Credit: TronWeekly
Dogecoin Price Breaks Out, Eyes $0.30 Rally Soon
- Dogecoin has broken out of a bullish wedge pattern at $0.1750, signaling a strong trend reversal with increased buyer volume and market momentum.
- RSI at 61.60 indicates bullish strength without overbought pressure, setting the stage for a potential rally towards the $0.30 resistance zone.
- Price consolidation above $0.22 support is forming a base that could act as a launchpad for DOGE's next upward surge.
- Dogecoin is currently trading at $0.2242 with strong bullish signs, a 24-hour trading volume of $1.79 billion, and a market capitalization of $33.47 billion, hinting at a potential bullish continuation.
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TronWeekly
1M
408
Image Credit: TronWeekly
Chainlink (LINK) Price Surges 7% Breaking Resistance with Eyes on $30 Target
- Chainlink (LINK) has surged 7% and broken above the key $16 resistance level, indicating a potential bullish breakout.
- Price structure of LINK shows higher highs and higher lows, reinforcing bullish momentum in the market.
- Trading volume of LINK is increasing alongside the price, showing growing investor interest in the cryptocurrency.
- Chainlink could potentially target $30 as it approaches the breakout point of a bullish wedge pattern, suggesting further uptrend possibilities.
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24 Likes
Bitcoinsensus
1M
417
Image Credit: Bitcoinsensus
Turbo Price Prediction: Will TURBO Hit 0.007 After Recent Surge?
- Turbo is a community-driven meme coin born from an AI experiment.
- The daily chart shows a major pump in late April from 0.002 to 0.005, indicating significant momentum and hype behind the coin.
- On the H4 timeframe, there are liquidity traps above and below two trendlines, hinting at a possible dip before a rise to 0.007, although this outcome is not guaranteed.
- Turbo Toad, the first AI-generated meme coin, is gaining attention as a rebellious player in the cryptocurrency market, with its future price movement generating interest and speculation.
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25 Likes
Bitcoinist
1M
68
Image Credit: Bitcoinist
Weekly Crypto Fund Inflows Reach $785M, Led by Bitcoin and Ethereum
- Crypto fund inflows reached $785 million, with strong interest in Bitcoin and Ethereum.
- Ethereum attracted $205 million in inflows, benefiting from positive developments like the Pectra upgrade and leadership changes.
- Bitcoin remained dominant with $557 million in inflows but saw a slight decline, possibly due to US Federal Reserve comments.
- Short-Bitcoin investment products saw inflows, while Solana was the only ETP with net outflows, possibly due to profit-taking.
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99Bitcoins
2M
27
What Is Bittensor Crypto, and Why Is TAO Trending? Could TAOUSDT Hit $10K by 2030?
- Bittensor is a decentralized AI crypto project gaining traction among investors and institutions, offering transparent and decentralized AI infrastructure.
- TAO, associated with Bittensor, has surged 12X in two years from $30 and is considered one of the top cryptos to buy.
- The global AI market is expected to reach $2 trillion by 2030 with a CAGR of 35.9%, showing immense growth potential.
- Projects like Grok, ChatGPT, and other AI initiatives are projected to contribute $15.7 trillion to the global economy by 2030.
- Despite concerns of job displacement, AI is forecasted to create 97 million new jobs by 2030, outweighing any potential job losses.
- Investors in Bittensor (TAO) are witnessing significant profits, with the project being well-positioned in the AI advancement space.
- TAO is currently trending as one of the top crypto AI projects, offering potential gains to those leveraging decentralized platforms.
- Bittensor facilitates the creation and distribution of AI models through a network of machine intelligence, rewarding contributors in TAO.
- Institutions are showing interest in TAO, with endorsements from entities like Grayscale, indicating strong institutional backing in Bittensor.
- Recent Bittensor updates like version 9.5 focusing on platform scalability and security enhancements point towards continuous development.
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Bitcoinsensus
2M
50
Image Credit: Bitcoinsensus
AAVE Price Prediction: Bullish Push Toward $312?
- AAVE is a major DeFi protocol for decentralized lending and borrowing, with bullish momentum targeting a liquidity pool and a supply zone above.
- On the daily chart, AAVE shows a clear bullish structure with higher highs and higher lows, indicating a steady upward trend.
- The untouched liquidity on the left side of the chart may attract price action towards it before potentially testing a supply area above.
- On the H4 chart, the bullish bias remains as long as a key low is not breached, with a potential upside target around $312 aligning with a supply zone.
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3 Likes
TronWeekly
2M
380
Image Credit: TronWeekly
APE Price Prediction: Bullish Pattern Hints a Major Rally Toward $1.35
- ApeCoin (APE) forms a bullish rounding bottom pattern, signaling a potential trend reversal after extended consolidation.
- APE trading near a key neckline level, a breakout above could lead to a rally towards $0.730, $0.860, $1.050, and $1.335.
- Bitcoin's rise past $105K boosts market momentum, benefitting altcoins like APE.
- APE price shows stability near key support, up by 2.34% in the last week, signaling potential for the next major rally towards $1.35.
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