Co-founder of BTC-e pleads guilty to involvement in a $9 billion money laundering conspiracy.

Alexander Vinnik, the co-founder of the cryptocurrency exchange BTC-e, has recently entered a guilty plea for charges related to conspiracy to commit money laundering. This development was disclosed in a public release by the US Department of Justice (DOJ) on May 3. Vinnik, a Russian national, has confessed to his involvement as one of the…

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Coinbase faces a lawsuit from investors, who claim that the company conducted an unregistered sale of securities.

IN BRIEF Coinbase faces a lawsuit over alleged unregistered securities sales. Investors assert losses stemming from misleading statements made by Coinbase. The legal action adds to the regulatory hurdles confronting cryptocurrency exchanges. A legal battle has erupted against Coinbase, a prominent player in the cryptocurrency trading sphere. The crux of the matter revolves around allegations…

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Friend.tech’s native token plunges by 50% following the largest whale’s sell-off.

On May 3, the native token of Friend.tech, $FRIEND, plummeted by 50% following its launch, triggered by the sell-off of holdings by the largest whale. Simultaneously, users encountered difficulties accessing their airdropped tokens. According to BaseScan data, shortly after the airdrop, the largest holder, “Murphys1d,” swiftly disposed of over 55,000 units of the newly issued…

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Bitcoin’s resurgence above the $60,000 mark before the weekend prompts speculation: Is a bullish week on the horizon?

Bitcoin’s price has surged impressively, now hovering around $63,200, with recent peaks reaching $64,446. This upward momentum is not isolated but rather part of a broader trend, evidenced by the global cryptocurrency market cap swelling to $2.36 trillion, marking a remarkable 7% increase over the past day alone. Several influential factors underpin this surge. Firstly,…

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Memecoins Take Center Stage in 2024: Can They Outshine Bitcoin ($BTC)?

Table of Contents    Market Context     PawFury ($PAW) Leads the Pack     Pepe ($PEPE) Prepares for a Triple Price Rally     Shiba Inu ($SHIB) Receives $12 Million Injection     Dogwifhat ($WIF): A 20% Increase on the Horizon     Bonk ($BONK) Rides the Revolut Wave     Final Tak In 2024, the cryptocurrency arena has become a fertile ground for innovation, where novel…

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Ripple CEO Garlinghouse Backs Ethereum in SEC’s Security Classification

Story Highlights   Brad Garlinghouse believes Ethereum is not a security and disagrees with the SEC’s investigation.       Both Ripple’s XRP and Ethereum are facing legal battles against the SEC over their classification as securities.       The market believes a spot Ethereum ETF will not be approved in May due to the SEC’s negative stance. As…

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Bitcoin Price Prediction: Trading Legend Peter Brandt Bets Big With $125,000 Target

Story Highlights Experienced trader Peter Brandt predicts bright future for Bitcoin.       Despite recent market challenges, some analysts see positive signs for Bitcoin’s short-term recovery.       A large Bitcoin purchase of over $2.8 billion indicates investor confidence in Bitcoin’s future. The landscape of digital currency is currently undergoing a significant surge in momentum, and the…

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Bitcoin Price Soars Above $64,000: Bull Run Phase 2 Begins?

Summary   Bitcoin enters 2nd Bull Run Phase as crypto analysts predict continued growth after recent market correction.       Historic Patterns Reveal Potential Bitcoin Surge to $120,000 by 2025, as per Titan of Crypto projections.       Analysts advise buying during corrections in bull markets for long-term investment gains. Bitcoin has once again seized the limelight, surging…

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