Bitcoin's 12% rally over the week and a surge in related exchange-traded fund inflows have analysts thinking it could soon reach $100,000, but one crypto analyst has said to temper hopes as a key indicator is still giving mixed signals.“Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain cautious about the sustainability of the current Bitcoin rally,” 10x Research head of research Markus Thielen said in an April 23 markets report.
The SEC has yet again cracked down on crypto fraud. The agency has charged the man behind PGI Global, Ramil Palafox, for running a massive $198 million scam through his company, PGI Global, which falsely claimed to be a crypto and forex trading platform.
The Australian court found that the discontinued ‘Earner' product was a loan, not a managed investment scheme, dismissing ASIC's allegations. The post Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner appeared first on Cryptonews.
Cryptocurrency markets are showing strong signs of recovery, with total capitalization reclaiming the psychological barrier.
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The enterprise-grade Layer 1 blockchain, Concordium, is set to significantly expand its stablecoin offerings, announcing that four distinct platforms – Agant, Noon, Deep Blue, and AEDX – will issue their respective stablecoins natively on its network.
The SEC alleged PGI Global sold “membership packages” as unregistered securities amounting to $198 million.
Jay Clayton takes charge of Wall Street's most powerful prosecutor's office, bringing a controversial crypto enforcement record and deep ties to the financial sector.
In a major crackdown, the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have charged Ramil Palafox, a dual U.S.-Philippines citizen, with orchestrating a $200 million Ponzi-like crypto trading scam that misled over 90,000 investors worldwide.
U.S. President Donald Trump voiced strong support for new Securities and Exchange Commission (SEC) Chairman Paul Atkins on Tuesday, emphasizing the urgent need for regulatory clarity in the rapidly growing cryptocurrency industry. Speaking at Atkins official swearing-in ceremony, Trump stressed that crypto innovators are calling for a clear and stable regulatory framework.
Malaysia is accelerating its push into blockchain, holding discussions with Binance's founder as it aims to become Southeast Asia's leading hub for tokenization and digital finance.
US President Donald Trump's media conglomerate, Trump Media and Technology Group, has signed an agreement with crypto exchange Crypto.com to launch exchange-traded funds “with a Made in America focus.”Trump Media, which operates the social media site Truth Social, said on April 22 that it signed a binding agreement with Crypto.com and asset manager Yorkville America Digital to launch ETFs, which “are expected to comprise digital assets as well as securities with a Made in America focus spanning diverse industries such as energy.
The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading.The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the US and the Philippines, claiming he misappropriated over $57 million in investor funds gained through his company, PGI Global, between January 2020 and October 2021. The regulator alleged Palafox used a multilevel marketing model to execute a “Ponzi-like” scam until the company's collapse in 2021.
Oregon's Attorney General (AG) has listed XRP and 30 other cryptocurrencies as alleged “unregistered securities” in its state-level complaint against Coinbase.
The company has accused influencer Jeremy Cahen of evading a court order tied to the Bored Ape trademark case.
Paul Atkins, who was sworn in as the chairman of the Securities and Exchange Commission at the White House on Tuesday, said his top priority will be to have a firm foundation for digital assets and keep politics out of securities laws.
Atkins' remark echoes his previous testimony, where he said laying the groundwork for a digital asset framework would be his top priority.
Galaxy Digital reallocates major crypto holdings in strategic asset shift.
The price of LUCE, a Solana-based meme coin themed around the Vatican's Holy Year 2025 mascot, has surged dramatically following the death of Pope Francis.
The BTC.D was above 63.8%, a level that had been a support back in early 2020, and could rise even higher.
Miami-based crypto firm Unicoin has declined the U.S. Securities and Exchange Commissions (SEC) proposal to negotiate a settlement over an ongoing investigation, according to CEO Alex Konanykhin. In a letter sent Tuesday to investors, Konanykhin revealed that Unicoin was issued an ultimatum to attend a settlement meeting on April 18 but refused due to what he described as unacceptable demands from the SEC.
DeFi is experiencing a revival with the rise of new blockchains like Berachain, TON, Plume, and Sonic, each offering aggressive yield incentives reminiscent of 2021s yield farming boom. However, the key question remains: are these ecosystems sustainable once incentives run out?
A record-breaking 72 crypto ETFs are awaiting SEC approval, signaling a seismic shift in U.S. digital asset policy as regulatory momentum turns bullish.
Coinstore has officially reached 10 million users, marking a major milestone in the global crypto exchanges rapid growth. In a rare interview with U.Today, CEO Johnson Zhao shares insights into Coinstores journey and future.
On-chain lending protocols added $2.3 billion in value locked (TVL) over the past 24 hours, followed by a roughly $700 million increase in active loans and an average 7.7% price increase for lending-related tokens during the same period. Decentralized lending protocols saw their TVL rise from $40.36 billion to $42.
The Australian Full Federal Court dismissed an appeal from the ASIC, which failed in its attempt to punish Block Earner for its previously offered "Earner" product, marking one of the biggest pro-crypto wins in recent times.
The European Central Bank (ECB) is calling for a revision of the European Unions Markets in Crypto-Assets (MiCA) regulation, citing concerns that growing U.S. support for stablecoins could harm the eurozone economy, Politico reported. This request comes just months after MiCAs full implementation, highlighting rising tensions between the ECB and the European Commission.
The EU's data watchdog has proposed rules to limit how personal blockchain data is stored, warning it may conflict with privacy laws.
Uyeda's bold leadership unleashes a crypto renaissance with dropped lawsuits, reversed rules, and unprecedented SEC engagement—as Atkins steps in, momentum shows no signs of slowing. SEC Transitions From Enforcement to Engagement as Uyeda Reflects on Crypto Regulation Wins The U.S.
A new survey has found that over half of South Korean adults have previously traded or currently trade crypto. The post Over Half of South Koreans Have Crypto Trading Experience – Survey appeared first on Cryptonews.
U.S. President Donald Trump's social media firm, Trump Media & Technology Group , said on Tuesday it had reached a binding agreement to roll out an array of retail investment products, including crypto, in its latest bid to diversify into financial services.
Attorneys for the Nelk Boys move to dismiss the class action lawsuit filed against the influencers in January.
Recognizing a growing demand for coin trading services, the head of the monetary authority in Kazakhstan is now convinced that the country needs its own cryptocurrency exchange.
Bankex accuses Matter Labs of code theft for Matter Labs' ZKsync.
Despite stepping down as a key regulatory official, Gary Gensler has continued to comment on the state of the crypto market and has more recently reiterated his doubts about the foundation of the crypto market dynamics.
The funds still require regulatory approval and Trump Media and Technology Group Corp (TMTG) plans on launching the ETFs later this year. Trump-Branded ‘Truth.
The United Nations Office on Drugs and Crime (UNODC) is warning that organized crime syndicates are increasingly leveraging cryptocurrency and blockchain technology to fuel their operations. According to a new UNODC report, gangs in Southeast Asia are creating tailored financial ecosystems, including unlicensed exchanges and stablecoins, to evade detection and launder illicit money.
California legislation that will enable self-custody protection and peer-to-peer crypto transactions has taken a step towards being enacted.
KuCoin has seen its CFTC settlement pushed back after the commission, following Trump directives, shifted from regulation‑by‑enforcement to fraud‑focused cases. With Paul Atkins now heading the SEC, agency boundaries over digital assets remain unclear, leaving firms in a fluid compliance space. The post Trump Policy Shakeup Halts KuCoin $300M CFTC Settlement Talks appeared first on Cryptonews.
The European Central Bank has raised alarm over President Donald Trump's pro-crypto agenda, warning that a wave of dollar-backed stablecoins could threaten financial stability across the eurozone and overwhelm the EU's new crypto regulatory framework.
UN Stablecoin report has warned that armed militias and transnational syndicates are exploiting low‑cost power, stablecoins and encrypted apps to finance operations. Investigators say a Cambodia platform has handled $24B since 2021, with laundering services now reaching Nigeria, Namibia and Angola. The post UN Stablecoin Alert: $24B Laundering Network Fuels Global Crime Surge appeared first on Cryptonews.
Tesla (TSLA) still holds almost $1 billion in bitcoin, according to the automaker's latest earnings report.
US Securities and Exchange Commission member Hester Peirce, currently leading the agency's crypto task force, offered a preview of what the industry could expect now that Paul Atkins has been sworn in as the regulatory body's chairman.Speaking to Cointelegraph before the US Senate confirmed Atkins' nomination and he took his position as SEC chair, Peirce said she welcomed the opportunity to work again with the incoming agency leader. Peirce worked as Atkins' counsel from 2004 to 2008 during the then-commissioner's first term at the SEC.
A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold increase from 2022. This surge is attributed to the accessibility of unregulated offshore platforms, with many users employing VPNs to engage in online gambling.
The European Central Bank (ECB) and European Commission are having a public dispute over MiCA and stablecoin regulation. The ECB believes that restrictions aren't harsh enough, fearing US firms dominating the market.
Locked token holders have experienced an average drawdown of nearly 50% for their locked positions compared to over-the-counter (OTC) valuations in May 2024. According to data published by STIX founder Taran Sabharwal on April 22, holders could have exited their positions at double the current spot prices the previous year.
ING has revealed work with a multi‑bank consortium on a euro stablecoin, pending board and regulatory clearance. Under MiCA, banks have sought compliant tokens to rival Société Générale and reduce reliance on dollar‑pegged coins. Approval could broaden digital settlements across Europe in 2025. The post ING Drives Euro Stablecoin Launch as MiCA Spurs Banking Pivot appeared first on Cryptonews.