Author: Digicoinvision
The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months. This interesting move came after reports broke of the US Securities and Exchange Commission’s approval of the ProShares Ultra XRP ETF, which allowed XRP to extend its upward movement. However, this momentum didn’t just affect price; it also had major effects on XRP’s standing in the overall crypto market. XRP Becomes Top 3 Crypto The SEC’s decision to…
On 2024-06-23, 00:19 AM UTC, a phishing email was sent out to 35,794 email addresses by updates@blog.ethereum.org with the following content Users who clicked the link in the email were sent to a malicious website: This website had a crypto drainer running in the background, and if a user initiated their wallet and signed the transaction requested by their website their wallet would have been drained. Our internal security team immediately launched an investigation to help determine who launched the attack, what the aim of the attack was, when it happened, who was affected, and how it happened. Some of the…
Key takeawaysIurii Gugnin allegedly used his crypto firm to move $530 million through US banks and crypto exchanges using Tether (USDT), facilitating payments for Russian clients tied to sanctioned banks.Gugnin allegedly failed to implement AML regulations and didn’t file suspicious activity reports (SARs), violating the Bank Secrecy Act and misleading financial institutions.Gugnin also reportedly accessed websites that provided information on indicators of criminal investigation and methods for detecting law enforcement surveillance.Gugnin faces 22 criminal counts, including wire fraud, bank fraud and money laundering, with potential penalties of up to 30 years per charge. The US Department of Justice (DOJ) has charged…
After a significant pullback in Q1, Q2 2025 saw cryptocurrency markets rebound to a $3.46 trillion market cap, driven by ETF inflows and a strong bitcoin rally, although macro concerns and geopolitical tensions continued to suppress broader participation. The latest exchange report by Token Insights highlights key trends in volume, market share, and derivatives versus […]
Yuga Labs, the digital asset incubation studio and the team behind the popular Bored Ape Yacht Club and Mutant Ape Yacht Clubs, has partnered with ComplexCon, a groundbreaking festival and exhibition, to make the highly anticipated annual non-fungible token event “Apefest’ even more fun. The Bored Ape NFT creator is set to host its annual invite-only NFT event in October 2025. Vegas is calling… 🎰🔥 Except for missing Apefest in Lisbon last year, this will be my third Apefest! From New York, to Hong Kong, and now to my favorite—Vegas this year! How could I possibly miss it again? Once…
Bank of America is in the early stages of exploring stablecoins, aiming to leverage blockchain technology to enhance its payment infrastructure.During the bank’s second-quarter earnings call, CEO Brian Moynihan addressed questions about BoA’s stablecoin strategy, noting that the initial focus is “on stablecoins as a transactional device.”Stablecoin-based payment rails could help BoA move the trillions of dollars in client assets that flow through its systems each day.“We believe that if they want to use stablecoins to move part of that money, they’ll move,” Moynihan said, referring to stablecoin systems that move US dollars and euros. “We’ve done a lot of work.…
Crypto prices rebounded despite a major legislative setback for key bills intended to bring clarity to the industry. Crypto markets regained bullish momentum on Wednesday, July 16, with Bitcoin (BTC) rising 2.3% to trade at $118,900. The overall crypto market cap increased by 1.39%, while major altcoins posted even larger gains. The top 100 crypto assets rose 3.51%, with Ethereum (ETH) leading the charge, up 9.77%. Top altcoins like Solana (SOL) and Dogecoin (DOGE) also saw significant gains, up 6.25% and 7.23% respectively. What is more, smaller memecoins were among the top gainers. Pepe (Pepe) was up 11.42% while Bonk…
Analyst Predicts More Rallies for Two of the ‘Strongest’ Memecoins, Hints at More Altcoin Explosions
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes more rallies are in store for two meme assets. Pseudonymous trader Bluntz tells his 324,600 followers on the social media platform X that he thinks the memecoin Pudgy Penguins (PENGU) will rise about 66% from current levels before completing a five-wave surge. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally. Says the trader, “PENGU has been a standout leader over the last week, now looking like it’s in quite an obvious wave three to the…
Key points:Bitcoin price targets include taking liquidity at around the $120,000 mark.US PPI inflation cools beyond expectations, providing relief after the hot CPI print the day prior.BTC/USD avoids a trip to a CME gap below $115,000.Bitcoin (BTC) maintained an overnight rebound at the Wall Street open Wednesday as US inflation data provided bulls some relief.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewJuly Fed rate-cut odds absent despite cool PPIData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering at around $119,000.Still up 0.5% on the day, the pair surfed promising Producer Price Index (PPI) results, which came in lower than anticipated across the…
As Ethereum nears its 10th anniversary, blockchain company Consensys is proposing a new way to think about the network’s role in the global economy: as critical infrastructure for what it calls a “trustware” era. According to Consensys, Ethereum is evolving beyond a smart contract platform into a foundational layer for verifiable, programmable trust in financial systems and beyond.While the concept remains speculative, Consensys points to Ethereum’s growing share of tokenized assets, stablecoins and decentralized finance as early signals of that shift, further predicting that demand for Ether (ETH) could rise sharply in the coming years.Jason Linehan, chief strategy officer at…