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Search Results for: cryptocurrency trading

US Regulators Sue Gotbit and Other Fraudulent Crypto Firms

The U.S. Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), and Department of Justice (DOJ) have filed lawsuits against Gotbit Consulting, ZM Quant Investment, CLS Global, and several individuals for market manipulation and fraud.  The charges primarily involve practices like wash trading, where fake transactions were used to

October 10, 2024 2 mins read

How the FBI Initiated Its Crypto Token Operation to Bust Fraud?

The United States Federal Bureau of Investigation (FBI) created its own cryptocurrency, “NexFundAI,” operated on the Ethereum blockchain. The FBI initiated the token to capture the attention of market manipulators and illicit activities in the cryptocurrency market.  Besides, the federal prosecutors in Boston announced charges against eighteen individuals and entities

October 10, 2024 1 min read

Why is the Largest Altcoin Ethereum (ETH) Losing Ground?

Ethereum (ETH), the largest altcoin by market cap, continues to underperform in the crypto market. The cryptocurrency has been in a steady downtrend since falling below $3,400 on June 23. The much-anticipated “Uptober” has also disappointed ETH holders, with the altcoin hitting a monthly low and facing growing selling pressure.

October 10, 2024 2 mins read

Is Bitcoin (BTC) Price Facing a Persistent Downward Pressure?

While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish

October 10, 2024 2 mins read

BlockDAG’s 50% Bonus Offer Nears End—Ethereum Creator Backs Polymarket Amid Growing Bitcoin Volatility

The cryptocurrency market is vibrant with continuous advancements and intriguing developments. Ethereum’s creator, Vitalik Buterin, is championing the use of Polymarket’s prediction platforms, promoting them as effective tools for reducing misinformation. Simultaneously, Bitcoin exhibits signs of unpredictability, remaining below its 200-day moving average, yet market observers anticipate possible upward movements.

October 10, 2024 4 mins read

BNB’s Resurgence: Analyzing Binance Coin’s Path to Potential ATH

Binance Coin (BNB) finds itself at a critical juncture as it embarks on a potentially significant bullish reversal. The cryptocurrency has demonstrated remarkable resilience, posting gains in the past 24 hours and over the last week, defying the broader altcoin market’s minor pullback. With a current trading price of $579

October 9, 2024 1 min read

Exploding in October 2024: Four Presale Cryptos You Can Grab for Under $1!

Presale cryptos are like hidden gems in the crypto world—early participants can win big before these coins become well-known. Think of those who joined Solana or Bitcoin early on and are now seeing huge profits! This article explores four affordable presale cryptos priced under $1 that are poised for significant

October 9, 2024 3 mins read

Worldcoin (WLD) Drops 7% Raising Bear Trap Concerns

Worldcoin (WLD) is currently trading at $1.84, experiencing a 6.87% drop in the last 24 hours. The market cap of WLD stands at $945,494,823, reflecting a 6.27% decrease, positioning it at #69 in the cryptocurrency rankings.  The 24-hour trading volume has seen a significant drop of 26.65%, totaling $190,099,652. This

October 9, 2024 2 mins read
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