A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a security company that reportedly converted $124 million in cash into cryptocurrency to conceal illicit funds. Masterminds Convert Cash to Crypto in Bid to Hide Funds … Read more
With the crypto market gaining steam as we edge closer to the 2025 bull cycle, smart investors are already looking ahead. While established players like Cardano (ADA) are expected to rally—with a realistic target of $2—emerging AI projects like Ozak AI are gaining traction as high-reward bets. Currently in its 4th presale stage at just … Read more
Shiba Inu must rally over 280% to match Dogecoin’s $30B market cap at current supply levels. Changelly analysts forecast Shiba Inu could reach Dogecoin’s market cap milestone by 2027. Shiba Inu’s current market cap stands at $7.52B, while Dogecoin leads with $30.24B. Shiba Inu (SHIB) stands as a major rival to Dogecoin (DOGE) in the … Read more
Long-term holders defy norms by accumulating even as profits hit yearly peaks Spot ETFs drive a new cycle dynamic, reducing traditional sell-off pressure Volatility metrics diverge, hinting at potential sharp moves despite calm derivatives As Bitcoin consolidates around the $108,400 level, on-chain data reveals a market in transition, where record-high retail optimism is clashing with … Read more
Bitcoin continues to show signs of recovery as its price rebounds from a brief correction last week. At the time of writing, the crypto is trading at $109,693, reflecting a 0.4% increase over the past 24 hours. Despite this upward movement, the current price remains roughly 2% below its all-time high of over $111,000, recorded … Read more
MEXC has introduced a $100 million Guardian Fund to enhance user protection, with full blockchain transparency allowing real-time public verification of fund balances and usage. MEXC Sets Industry Standard With Fully Transparent Safety Net for Crypto Users Global crypto exchange MEXC has launched a $100 million Guardian Fund aimed at safeguarding users against severe security … Read more
The U.S. government bought back another $10 billion of its debt through the Treasury Department on June 10. The Treasury’s latest move has matched the largest buyback of its bonds in history from June 3, with its previous largest buyback being in 2000, at approximately $3 billion. According to the Bureau of the Fiscal Service, … Read more
DeFi Development Corp has run into a minor setback on its quest to raise $1 billion to buy more Solana after the US Securities and Exchange Commission knocked back its S-3 filing. The Nasdaq-listed firm said in a statement to the SEC on Wednesday that it seeks to withdraw its previous registration statement because the … Read more
Strategy founder Michael Saylor says Covid-era restrictions and US central bank monetary policy at the time are what ultimately motivated him to invest in Bitcoin in 2020. During an interview with Dr. Jordan B. Peterson that aired on June 9, Saylor said he became deeply interested in Bitcoin (BTC) in 2020 following what he called … Read more
U.S. Bancorp’s institutional crypto custody business has seen a revival under the crypto-friendly Trump administration and the bank is “studying and watching” what role it could play with stablecoins, says its CEO. U.S. Bancorp CEO Gunjan Kedia said on Wednesday at the Morgan Stanley US Financials Conference that her bank’s crypto custody service, created in … Read more