A Denver, Colorado-based online pastor and his wife were indicted Tuesday on charges related to a cryptocurrency fraud scheme that raised more than $3 million from faith-based investors. Online pastor Eli Regalado and his wife, Kaitlyn, were indicted on 40 counts stemming from what Denver District Attorney John Walsh described as a “multi-million-dollar cryptocurrency scam.”…
Sticking to historical crypto cycle patterns could still pay off for retail traders, despite the increasing influence of institutional investors, says a crypto executive. “If you’re analytical, follow the patterns, and take an emotionless approach, you’re going to do well in the crypto space,” Australian crypto exchange Coinstash co-founder Mena Theodorou told Cointelegraph on Tuesday….
Key takeaways: Altcoins account for 71% of Binance Futures trading volume, marking a clear shift in trader interest from Bitcoin. Over 32,000 BTC entered exchanges, suggesting profit-taking and potential altcoin rotation amid rising volatility. TRX leads altcoin momentum with early decoupling from BTC, indicating a fragmented altseason focused on strong or hyped tokens. An altseason…
Private sale investors of the Pump.fun (PUMP) memecoin began offloading billions of tokens to exchanges, raising concerns of a sell-off as the token dropped below its initial sale value. Blockchain analytics firm Lookonchain flagged that two early backers of the memecoin token, labeled in Solscan as “PUMP Top Fund 1” and “PUMP Top Fund 2,”…
Telegram began rolling out its native cryptocurrency wallet to users in the US, marking a significant expansion of its blockchain-based services. Built on The Open Network (TON) blockchain, TON Wallet is the first self-custodial crypto wallet to be integrated into a major social platform available to US users, according to a Tuesday news release shared…
Key takeaways XRP technical chart setups converge on the $6 target. Spot taker CVD remains positive, suggesting confidence among buyers. Several XRP (XRP) price charts are flashing multiple bullish signals, suggesting that a rally to $6 is possible over the next few months. XRP symmetrical triangle breakout targets $6 Data from Cointelegraph Markets Pro and…
Nasdaq-listed firm DeFi Development Corp is now just one token away from crossing a million Solana in its treasury after its latest $198 million buy. In a statement on Monday, DeFi Development Corp said its purchase of 141,383 Solana (SOL) between July 14 and July 20 had grown its treasury to 999,999. The recent acquisition…
Key takeaways: SOL price has climbed to a five-month high, driven by strong technicals and rising network activity. Solana’s cup-and-handle pattern targets a SOL price of as high as $6,300. Solana’s (SOL) price rallied 34% over the last 30 days, reaching a five-month high of $193 on Monday. SOL/USD daily chart. Source: Coitelegraph/TradingView Solana is…
Key points: Bitcoin is still failing to rechallenge recent all-time highs, leading to doubts over future BTC price strength. A deeper rebound could rescue the situation, says analysis, as altcoins steal the limelight. XRP now has a larger market cap than McDonald’s. Bitcoin (BTC) stayed locked below $120,000 at Monday’s Wall Street open as bull…
Indian cryptocurrency exchange CoinDXC announced a recovery effort after falling victim to a $44 million exploit on Friday, with the firm pledging a bounty for ethical hackers who help retrieve the stolen funds. CoinDXC’s internal accounts used for “liquidity provision” were exploited on Friday, leading to $44 million worth of cryptocurrency being stolen, while user…
