[ad_1] A Washington state pastor has been charged with operating a $5.9 million fraudulent cryptocurrency scheme that primarily targeted Spanish-speaking members of his own congregation, the Commodity Futures Trading Commission (CFTC) informed.CFTC Charges Pastor in $5.9 Million Crypto FraudCFTC filed civil charges against Francier Obando Pinillo for allegedly running a sophisticated digital assets scam through his companies Solanofi, Solano Partners Ltd., and Solano Capital Investments.Pinillo, who served as a pastor in Pasco, Washington, allegedly exploited his position of trust to lure at least 1,515 customers into a fraudulent investment scheme by promising guaranteed monthly returns of up to 34.9% through…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. As the Bitcoin (BTC) price consolidates its position following a notable rally that began on November 5, speculation about its potential for further gains persists, even after the cryptocurrency briefly dipped below the $100,000 mark. Interestingly, Paul Manafort, former campaign chairman for President-elect Donald Trump, recently expressed optimism for BTC’s upward trajectory during the Bitcoin Mena conference in Abu Dhabi. A New Era For Crypto Awaits Manafort highlighted Trump’s role as a significant supporter of the cryptocurrency market, predicting that Bitcoin will strengthen even more once the President-elect takes office on January…
[ad_1] FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and…
[ad_1] As President-elect Donald Trump approaches his inauguration on January 20, the cryptocurrency market has experienced a significant surge, with Bitcoin reaching an all-time high of $104,000 on December 5. This increase, nearly 50% since Trump’s election, has sparked expectations of a new era for crypto regulations in the United States. Sources close to Trump indicate that he aims for Bitcoin to achieve a milestone of $150,000 during his second term in office. The ‘Trump Trade’ According to a recent report from AXIOS, Trump has promised a “golden age of America,” and the rise of cryptocurrencies is seen as part…
[ad_1] Este artículo también está disponible en español. Solana (SOL) has seen its rally slow down in the last few days, dropping 23% from its new all-time high (ATH) and over 8% in the past day. Some investors worry about the Altcoin’s short-term performance as the crypto market pulls back. Related Reading Solana Drops To Lowest Level In A Month Solana has been one of the leading cryptocurrencies this cycle, outperforming most of the market and stealing the headlines. Unlike most altcoins, the cryptocurrency outperformed during the Q2 and Q3 retraces, holding above pre-bull run levels. As Q4 started, Solana…
[ad_1] Este artículo también está disponible en español. In a recent report, crypto exchange-traded fund (ETF) issuer and asset manager Bitwise unveiled bold predictions for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. A Stellar Year For Bitcoin And Major Cryptos Bitcoin reached an all-time high of $104,000 at the start of the month, marking a staggering increase of 141.72% year-to-date, driven largely by the historic launch of spot Bitcoin ETFs in the United States, which amassed $33.56 billion in assets. Other cryptocurrencies also demonstrated impressive gains: Solana (SOL) rose…
[ad_1] RLUSD, the USD-pegged stablecoin launched by Ripple, has “officially” received approval from the New York State Department of Financial Services (NYDFS), the blockchain firm’s CEO, Brad Garlinghouse, confirmed on social media platform X (formerly Twitter). He further highlighted that the “exchange and partner listings [for the stablecoin] will be live soon.” The stablecoin was launched in partnership with crypto exchanges, including Uphold, Bitstamp, and Bitso.This just in…we have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first.— Brad Garlinghouse (@bgarlinghouse) December…
[ad_1] On Tuesday, Ripple CEO Brad Garlinghouse revealed that the New York State Department of Financial Services (NYSDFS) has granted final approval for the firm’s inaugural stablecoin, RLUSD. Ripple Set To Enter Stablecoin Market With the release of RLUSD, Ripple hopes to provide a reliable option for clients interested in digital currencies while limiting the volatility associated with its flagship asset, XRP. The certification is a strategic move for Ripple, which strives to broaden its offerings and provide customers with a dependable digital currency choice. To operate efficiently in New York’s regulatory climate, Ripple is likely to obtain a limited…
[ad_1] Solana started a downside correction below the $230 zone. SOL price is now recovering losses and facing hurdles near the $220 level. SOL price started a fresh increase after it tested the $204 zone against the US Dollar. The price is now trading below $230 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $220 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $220 zone. Solana Price Eyes Upside Break Solana price formed a support…
[ad_1] The Shiba Inu burn rate has seen a turnaround, skyrocketing by 1,068% despite the meme coin’s recent price decline. This unexpected Shiba Inu burn recovery comes amid a bearish market trend, with indicators suggesting the potential for further SHIB price corrections. However, the sharp increase in burn rate could indicate a renewed interest from investors, potentially paving the way for a Shiba Inu price recovery above $0.00003. Shiba Inu Burn Rate Jumps 1,068% According to new data from Shibburn, more than 51.76 million SHIb tokens have been burned within the past 24 hours. This report highlights a consistent burn…