Crypto Fraud Scandal Ex-Cred Execs Guilty
Former @Cred executives Daniel Schatt and Joseph Podulka plead guilty to wire fraud conspiracy, facing up to 72 months in prison for misleading customers in $150M crypto fraud. #Breaking #Legal (-9) ↘
Solana Price Hits Resistance Analyst Advises
Crypto analyst SiDec advises patience as $SOL faces resistance at $180, suggesting investors await a pullback or breakout for clarity. #Update #Crypto $SOL (-3) ↘
Etoro IPO Launches at 52 Share
@Etoro announced its upsized IPO of 11,923,018 Class A shares at $52 each, aiming to raise $620 million, with trading set to begin on Nasdaq. #Update #Crypto (+6) ↗
Crypto Marketplace Revolutionizes App Purchases
@BitgetWallet introduces a crypto marketplace in its app, enabling purchases from over 300 brands like Amazon and Walmart, plus discounted in-game items via DotMart partnership. #Update #Crypto (+3) ↗
Crypto Partnership FalconX Joins Standard Chartered
@FalconXNetwork partners with @StanChart to enhance crypto services for institutional investors, starting in Singapore and expanding to the U.S. and Middle East #Update #Crypto (+3) ↗
XRP Surges Amid Renewed Trader Activity
$XRP experiences increased trading activity as the market absorbs recent selling pressure, signaling potential shifts in trader sentiment. #Update #Crypto $XRP (+3) ↗
Bitcoin Scam Strikes NH Treasury Calls
New Hampshire Treasury warns of bitcoin scam with fraudulent calls impersonating officials, exploiting rising BTC interest amid state reserve integration efforts. #Breaking #Legal $BTC (-8) ↘
Crypto Tax Relief Urged by Senators
US Senators Cynthia Lummis and Bernie Moreno propose excluding unrealized crypto gains from CAMT calculations to ease tax burdens on digital asset companies. #Update #Legal (+4) ↗
Crypto Threats Rise Paris Kidnapping Attempt
A crypto executive’s daughter and grandson were targeted in a Paris kidnapping attempt, marking the sixth crypto-linked attack in France this year. #Update #Crypto (+6) ↘
Ethereum Surges Past 2700 Rally Strengthens
Ethereum price surged past $2,700, correcting gains and potentially revisiting $2,575 support as bulls remain active above $2,620. #Update #Crypto $ETH (+3) ↗
Ross Ulbricht Auctioning Pre-Arrest Mementos
Ross Ulbricht auctions personal items post-incarceration, marking a new chapter after leaving Arizona on May 13. #Update #Legal (+3) ↗
Robinhood Buys WonderFi for $179M
@RobinhoodApp acquires Kevin O’Leary-backed @WonderFi for C$250M, enhancing its crypto offerings in Canada. Deal closes mid-year. #Update #Crypto (+5) ↗
Ethereum Price Surges Post-Pectra Upgrade
Ethereum’s price surged nearly 50% post-Pectra upgrade, nearing Eric Trump’s promo high, with Abraxas Capital acquiring $477M in ETH. #Update #Crypto $ETH (+7) ↗
XRP Futures Open Interest Tops $1B
Open interest in $XRP futures surpassed $1 billion, reflecting increased trader confidence and speculative activity, with Standard Chartered predicting a potential price of $12.50 within three years. #Update #Crypto $XRP (+6) ↗