Today’s edition of the weekly recap covers the arrest of Blum co-founder Vladimir Smerkis, progress on U.S. stablecoin legislation, and World Liberty Financial’s blockchain integration. Russian authorities arrest former Binance exec Alabama man sentenced for SEC social media hack Stablecoin…
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Top cryptocurrencies to watch this week: Trump Coin, XRP, Zetachain [btcmanager]
Cryptocurrency prices retreated last week after Bitcoin failed to move above the resistance level at $106,000 and as traders took profits. Bitcoin (BTC) price was trading at $103,000 on Sunday, while the recent Ethereum (ETH) surge hit a barrier. Looking…
Fartcoin starts to stink as smart money exits, bearish reversal signs emerge [btcmanager]
The Fartcoin price has pulled back from its highest point this month and is at risk of further downside as smart money investors sell and exchange balances rise. At last check Sunday, Fartcoin (FARTCOIN) traded at $1.20, down 14.35% from…
Oracle under pressure: Pyth braces for $333m token unlock [btcmanager]
The Pyth Network price remained under pressure on Sunday as the countdown to a big token unlock continued. Pyth Network (PYTH), an oracle protocol that connects market data owners to applications on multiple blockchains, was trading at $0.150, its lowest…
Milei siblings ghost court in $4.5m LIBRA scam hearing [btcmanager]
Argentine President Javier Milei and his sister Karina failed to attend a scheduled session related to the LIBRA meme coin scandal.
Shiba Inu loses bark: Memecoin rally cools amid falling burns, bets [btcmanager]
The Shiba Inu price rally has stalled as trading volume, futures open interest, and its burn rate continue to decline. Shiba Inu (SHIB), the second-biggest meme coin in crypto, has dropped to $0.000015, down from this week’s high of $0.00001750. …
$15m crypto laundering operation busted in Hong Kong [btcmanager]
Hong Kong authorities busted a cross-border crypto laundering network that allegedly processed approximately HK$118 million in illicit funds.
Russian authorities detain Blum co-founder in criminal fraud case: report [btcmanager]
The Zamoskvoretsky Court of Moscow initiated the arrest of a former Binance executive and co-founder of the Blum tap-to-earn app, Vladimir Smerkis, on fraud charges. According to Russian news site TASS, citing law enforcement agencies, the Zamoskvoretsky District Court granted…
Russian authorities detain Blum co-founder in criminal fraud case: report [btcmanager]
The Zamoskvoretsky Court of Moscow initiated the arrest of a former Binance executive and co-founder of the Blum tap-to-earn app, Vladimir Smerkis, on fraud charges. According to Russian news site TASS, citing law enforcement agencies, the Zamoskvoretsky District Court granted…
Bitcoin stalls, but chart watchers eye $300,000 peak: Here’s when [btcmanager]
Bitcoin price has stalled below $105,000, but a popular model points to a surge to between $275,000 and $300,000 by October this year.