Hernandez, who pleaded guilty to conspiracy to commit wire fraud, deceived investors into believing Forcount was a legitimate crypto firm. A New York court has sentenced Antonia Perez Hernandez, a key promoter in the Forcount Ponzi scheme, to 30 months in prison. The ruling, delivered by U.S. District Judge Analisa...
Vitalik Buterin Rejects Bitcoin Allocation Rule, Stays Committed to Ethereum
Vitalik Buterin dismissed calls to allocate 10% of portfolios to Bitcoin and reaffirmed his commitment to Ethereum over diversification. Ethereum co-founder Vitalik Buterin has addressed a claim by crypto analyst Udi Wertheimer, who suggested that every investor should allocate at least 10% of their portfolio to Bitcoin. Buterin disagreed, revealing...
Ripple (XRP) Plummets to 3-Week Low Despite Strong Endorsement From SBI CEO
XRP plunged by double digits to under $2.5 earlier today. TL:DR; The overall market crash that started late last night only worsened in the past few hours, and Ripple’s native token is among the poorest performers, with a massive 15% daily drop. This comes despite a highly positive endorsement from...
Crypto Market Reacts More to FUD Than Positive News: Nansen
Nansen says the market needs more good earnings reports for positive sentiment to override negative news again. A new report by the on-chain analytics platform Nansen has disclosed that the crypto market appears satiated for now and is reacting more to negative sentiment than positive news. The report discussed U.S....
The State of Crypto Options Markets After the Recent Sell-Off (Report)
Bitcoin options volatility has been on a decline since Monday’s risk-off event; however, Ethereum’s has been more bullish, while Solana’s has been stable. The beginning of this week was a bit cranky for the financial market, with sharp declines across major stock indexes and digital assets amid the launch of...
Cardano Price Analysis: Will ADA Fall to $0.6 After 11% Weekly Drop?
Cardano’s price has been correcting gradually over the last few months after a significant rally in November. Yet, there are multiple strong support levels available to push the price higher in the coming weeks. By Edris Derakhshi (TradingRage) The USDT Paired Chart Looking at the USDT-paired chart, the asset has...
We Asked DeepSeek if Ripple (XRP) Can Hit New All-Time High This Year
The main culprit behind a possible new all-time high is the resolution of the SEC v. Ripple case. TL:DR; XRP became one of the top performers of 2024, and the start of 2025 was also quite promising as it came just 1% away from its all-time high of $3.4. It...
Ripple v. SEC Lawsuit: Here’s What Happened in January
The SEC now has a pro-crypto Chairman, but the legal battle against Ripple remains ongoing. TL;DR The SEC doubled down on its appeal against the 2023 ruling favoring Ripple, while the non-profit organization Better Markets sided with the regulator, arguing that XRP is a security. With pro-crypto Mark Uyeda replacing...
Will Trump Pardon Sam Bankman-Fried? Parents Make a Direct Appeal (Report)
Joseph Bankman and Barbara Fried are exploring options to secure their son's release but have not confirmed direct outreach to the White House. The parents of the disgraced FTX co-founder Sam Bankman-Fried are looking into options to obtain a pardon for their son from former US President Donald Trump, according...
Pump.fun Faces Class Action Over Alleged Securities Law Breaches
Plaintiff Diego Aguilar alleges financial losses from meme coins FWOG, FRED, and GRIFFAIN, promoted with promises of exponential returns. Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every token...
