A review of long-term investment data shows that small, consistent purchases of XRP over the past decade would have produced extraordinary results. This scenario highlights the effectiveness of dollar-cost averaging (DCA), a strategy that involves buying fixed amounts of an asset at regular intervals regardless of short-term price movements. The DCA Approach Applied to XRP Dollar-cost averaging is often used to reduce the impact of volatility and avoid the risks of investing large sums at once. To assess how this strategy would have performed with XRP, we examined a case in which an investor allocated $10 per day to the token from July 2015 through July 2025. In mid-2015, XRP was priced around one cent and later dropped even further before beginning its climb. The asset remained below $1 until the end of 2017, when it briefly surged past that milestone before retreating again in 2018. Since then, XRP has experienced repeated attempts to reclaim higher price levels, including moves above $2 and $3, but has historically spent much of its existence trading under $1. Total Investment and Accumulated Tokens Over the ten years, an investor following this plan would have contributed $36,540 in total. The relatively low price of XRP during much of this period meant that each purchase secured a significant amount of tokens. According to calculations provided by Uphold’s DCA tool, the strategy would have resulted in ownership of approximately 1,066,678 XRP. When compared to everyday spending habits, this figure is notable. Research from Ramsey Solutions shows that the average American spends about $3,768 annually on impulse purchases, or $37,680 across ten years, slightly higher than the total $36,540 that would have been allocated to XRP in this investment scenario. Unlike discretionary spending, however, the steady commitment to XRP would have produced remarkable long-term value. At present market conditions, the 1.066 million XRP accumulated through this strategy would be valued at more than $3.04 million, given XRP’s trading price of roughly $2.85. Uphold’s calculator provides a slightly lower estimate of $2.35 million, but both figures underscore the scale of returns possible from disciplined long-term investing in the cryptocurrency market. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Broader Implications for Investors Such results illustrate how modest contributions, when made consistently, can generate substantial wealth over extended periods. Market commentators continue to encourage similar approaches for the future. For example, Coach JV recently emphasised that investors who adopt a dollar-cost averaging strategy with assets such as XRP over the next decade may still achieve transformative results. Analysts have suggested that XRP could significantly surpass its current valuation, with some projecting potential long-term price targets of $50 or higher . If such forecasts materialise, initiating a DCA plan today could still yield notable returns. This case study demonstrates how consistent buying during both highs and lows can accumulate large holdings over time. While this example highlights exceptional historical performance, it is important to acknowledge that cryptocurrency markets remain unpredictable. Nonetheless, the data reinforces why many investors continue to view dollar-cost averaging as a disciplined and effective long-term strategy. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post If You Invested $10 in XRP Daily Since 2015, Here’s How Much You Would Have Today appeared first on Times Tabloid .
BitcoinWorld Ethereum All-Time High: Unprecedented Surge After Four Years The cryptocurrency world is buzzing with excitement! Ethereum (ETH), the second-largest digital asset by market capitalization, recently achieved a remarkable milestone, hitting an Ethereum all-time high . After nearly four years, ETH surged past the $4,868 mark on major exchanges like Binance. This incredible rally signals renewed confidence in the network’s potential and its pivotal role in the decentralized finance (DeFi) and NFT ecosystems. Currently, CoinMarketCap reports ETH trading around $4,805.9, reflecting a significant 13.02% increase in just 24 hours. What Propelled This Ethereum All-Time High? Several key factors have converged to fuel Ethereum’s impressive ascent. Understanding these drivers helps paint a clearer picture of the network’s growing strength and market position. The journey to this Ethereum all-time high wasn’t a single event but a culmination of sustained development and increasing adoption. Explosive DeFi Growth: The decentralized finance sector, largely built on Ethereum, has seen unprecedented expansion. Billions of dollars are locked in various DeFi protocols, driving demand for ETH as the primary gas fee and collateral. NFT Boom: Non-fungible tokens (NFTs) have taken the digital world by storm. The vast majority of high-value NFTs are minted and traded on the Ethereum blockchain, significantly increasing network activity and ETH utility. Anticipation of "The Merge": The upcoming transition to Ethereum 2.0, often referred to as "The Merge," promises enhanced scalability, security, and energy efficiency through a proof-of-stake consensus. Investors eagerly await this major upgrade. EIP-1559 Implementation: The London hard fork introduced EIP-1559, changing Ethereum’s fee structure by burning a portion of transaction fees. This deflationary mechanism reduces the supply of ETH over time, making it scarcer. Institutional Interest: Major financial institutions and corporations are increasingly exploring and investing in Ethereum-based solutions and ETH itself, adding significant capital and legitimacy. Why is This ETH All-Time High So Significant for the Market? Reaching a new peak after such a long period is more than just a price number; it’s a powerful statement about Ethereum’s resilience and future prospects. This ETH all-time high reinforces its position as a dominant force in the crypto space, beyond just being a speculative asset. This milestone indicates robust investor confidence, suggesting market participants believe in Ethereum’s fundamental value proposition and long-term viability. Moreover, it can trigger a positive feedback loop, attracting more developers, users, and capital into the ecosystem. The sustained growth of the Ethereum network is a testament to its innovative spirit and the dedication of its global community. What Challenges Lie Ahead for Ethereum’s Continued Growth? While the mood is certainly optimistic, it’s crucial to acknowledge the challenges Ethereum faces, even after reaching an Ethereum all-time high . No rapidly evolving technology is without its hurdles, and ETH is no exception. Addressing these issues will be vital for sustained growth. Scalability: Despite "The Merge" being on the horizon, current network congestion and high gas fees remain a concern for everyday users. Layer 2 solutions are helping, but a full solution is still under development. Regulatory Scrutiny: As cryptocurrencies gain mainstream adoption, regulatory bodies worldwide are increasing their focus. Potential regulations could impact how Ethereum operates or is traded. Competition: Other smart contract platforms, often dubbed "Ethereum killers," are emerging with promises of faster transactions and lower fees. While Ethereum holds a significant first-mover advantage, competition is always a factor. Investors must remain informed about these aspects to make well-rounded decisions. The crypto market is inherently volatile, and understanding both opportunities and risks is paramount. How Can Investors Navigate This Exciting Ethereum Landscape? For those interested in the Ethereum ecosystem, the current market dynamics present both opportunities and considerations. It’s essential to approach the market with a clear strategy, especially after an Ethereum all-time high . Always conduct thorough research and consider your personal financial situation. Actionable Insights: Long-Term Perspective: Many experts view Ethereum as a long-term investment due to its foundational role in Web3. Consider a long-term holding strategy if you believe in its future. Diversification: While ETH is strong, diversifying your crypto portfolio can mitigate risks. Stay Informed: Keep abreast of network developments, such as "The Merge" updates, and broader market trends. Reliable news sources are key. Understand Volatility: Cryptocurrency markets are known for rapid price swings. Be prepared for potential corrections even after significant gains. This information is for educational purposes only and should not be considered financial advice. Always consult with a qualified financial advisor before making any investment decisions. The recent achievement of an Ethereum all-time high is a powerful testament to the network’s enduring innovation and its critical role in shaping the future of decentralized technology. This remarkable surge, after nearly four years, marks not just a price point but a significant vote of confidence from the global market. As Ethereum continues its evolution with upcoming upgrades and expanding use cases, its journey remains one of the most compelling narratives in the digital asset space. The future looks incredibly bright for this pioneering blockchain. Frequently Asked Questions About Ethereum’s All-Time High Here are some common questions regarding Ethereum’s recent market performance: Q1: What is the current all-time high (ATH) for Ethereum (ETH)? A1: Ethereum recently surpassed $4,868 on Binance, marking a new all-time high. Prices can fluctuate, so always check real-time data for the most current figures. Q2: What factors contributed to Ethereum hitting a new all-time high? A2: Several factors contributed, including the explosive growth of DeFi and NFTs, anticipation of "The Merge" (Ethereum 2.0), the EIP-1559 upgrade which burns ETH, and increasing institutional interest in the ecosystem. Q3: What is "The Merge" and how will it impact Ethereum? A3: "The Merge" refers to Ethereum’s upcoming transition from a proof-of-work to a proof-of-stake consensus mechanism. This upgrade aims to significantly improve scalability, security, and energy efficiency, making the network more robust and sustainable. Q4: Is now a good time to invest in Ethereum after its all-time high? A4: Investing in cryptocurrency, especially after an all-time high, carries inherent risks due to market volatility. It’s crucial to conduct your own research, consider your risk tolerance, and consult a financial advisor. This article provides general information, not financial advice. Q5: What are the main challenges Ethereum faces moving forward? A5: Key challenges include current scalability limitations and high gas fees (though Layer 2 solutions and "The Merge" aim to address this), potential regulatory scrutiny, and increasing competition from other smart contract platforms. Did you find this analysis of Ethereum’s incredible journey to a new all-time high insightful? Share this article with your friends, fellow crypto enthusiasts, and anyone interested in the future of digital finance on your social media platforms! Let’s spread the word about these exciting developments. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action. This post Ethereum All-Time High: Unprecedented Surge After Four Years first appeared on BitcoinWorld and is written by Editorial Team
BitcoinWorld XRP ETF: Grayscale’s Bold Move Could Transform Crypto Investing Exciting news is rippling through the cryptocurrency world! Grayscale, a leading digital asset manager, has officially submitted an S-1 filing with the U.S. Securities and Exchange Commission (SEC) for a proposed XRP ETF . This significant development, first reported by Watcher Guru on X, marks a crucial step toward potentially bringing XRP, the digital asset powering Ripple’s payment network, into a more mainstream investment vehicle. For many, this filing signals a growing institutional interest in diversifying crypto investment options beyond Bitcoin and Ethereum. What Does Grayscale’s XRP ETF Filing Mean? When Grayscale files an S-1, it is essentially a registration statement required by the SEC for new securities offerings. It provides a comprehensive overview of the proposed fund, including its structure, investment objectives, and risks. This move indicates Grayscale’s serious intent to launch an XRP ETF , making it easier for traditional investors to gain exposure to XRP without directly holding the digital asset. The SEC’s review process for such filings can be lengthy and involves thorough scrutiny. An S-1 filing is a necessary prerequisite before any ETF can be considered for approval. It is a formal declaration of intent and a detailed blueprint for how the fund would operate. Why is an XRP ETF a Game Changer for Investors? The potential approval of an XRP ETF offers several compelling benefits. First, it simplifies access. Investors can buy shares of the ETF through traditional brokerage accounts, eliminating the complexities of crypto wallets, exchanges, and private key management. This ease of access significantly lowers the barrier to entry for many. Increased Liquidity: An ETF often brings greater liquidity to the underlying asset, making it easier to buy and sell. Regulatory Clarity: SEC oversight provides a layer of trust and regulatory clarity, appealing to institutional investors and those hesitant about the unregulated nature of some crypto markets. Diversification: It allows investors to diversify their crypto holdings beyond the dominant Bitcoin and Ethereum ETFs. This development could unlock substantial capital from institutional funds and retail investors who prefer regulated products. It truly represents a new era for digital asset investment. Navigating the Path: Challenges and Regulatory Hurdles for the XRP ETF While the prospect of an XRP ETF is thrilling, the path to approval is not without its challenges. The SEC has historically been cautious with crypto-related products, especially those involving assets that have faced regulatory scrutiny. XRP’s legal status in the U.S. has been a point of contention, with the SEC previously suing Ripple, alleging XRP is an unregistered security. However, recent court rulings have provided some clarity, distinguishing between institutional sales and programmatic sales on exchanges. This legal progress might pave a smoother way for an XRP ETF , but the SEC’s final decision remains uncertain. Grayscale must convince regulators that the fund meets all investor protection requirements, a task that demands meticulous detail and compliance. Looking Ahead: The Potential Impact of an Approved XRP ETF Should the SEC grant approval for an XRP ETF , the implications for the broader cryptocurrency market could be profound. Such an approval would not only legitimize XRP further as an investable asset but also set a precedent for other altcoins to follow suit. It would signal a maturing market where digital assets are increasingly integrated into traditional finance. We could see a surge in demand for XRP, potentially impacting its price and market capitalization. More importantly, it would represent a significant win for crypto advocates pushing for broader institutional adoption and regulated investment products. The market will be watching closely as this unfolds, eager to witness the next chapter in crypto investment. Grayscale’s S-1 filing for an XRP ETF is undeniably a pivotal moment for the cryptocurrency ecosystem. It underscores the relentless drive towards integrating digital assets into traditional financial frameworks. While the journey to approval may be complex, the potential benefits for investors and the broader market are immense. This move highlights a future where accessing innovative digital assets like XRP becomes as straightforward as investing in traditional stocks. The crypto world holds its breath, anticipating the SEC’s next steps with great anticipation. Frequently Asked Questions (FAQs) What is an S-1 filing? An S-1 filing is a registration statement required by the U.S. SEC for new securities offerings. It provides detailed information about a company or fund looking to go public or offer new investment products, like an ETF. Why is an XRP ETF significant? An XRP ETF is significant because it would allow traditional investors to gain exposure to XRP through a regulated and easily accessible investment vehicle, potentially boosting liquidity and institutional adoption for the asset. What are the main benefits of an XRP ETF? Key benefits include simplified access for investors, increased liquidity for XRP, and enhanced regulatory clarity and oversight, which can attract more institutional capital. What challenges does an XRP ETF face? The primary challenges include obtaining SEC approval, which has historically been cautious with crypto products, and navigating the ongoing regulatory discussions surrounding XRP’s legal classification. How does this impact XRP’s legal status? While an S-1 filing does not change XRP’s legal status directly, an SEC approval of an XRP ETF would implicitly acknowledge XRP as a legitimate asset for a regulated investment product, building on recent positive court rulings. If you found this insight into Grayscale’s groundbreaking XRP ETF filing valuable, don’t keep it to yourself! Share this article with your network on social media to spread awareness about this exciting development in the crypto space. Let’s discuss the future of digital asset investing together! To learn more about the latest crypto market trends, explore our article on key developments shaping XRP institutional adoption. This post XRP ETF: Grayscale’s Bold Move Could Transform Crypto Investing first appeared on BitcoinWorld and is written by Editorial Team
Trish Turner leaves the IRS's crypto unit for a private sector role. The IRS introduces new reporting rules amid leadership uncertainties. Continue Reading: IRS Faces Leadership Shift as New Crypto Tax Rules Emerge The post IRS Faces Leadership Shift as New Crypto Tax Rules Emerge appeared first on COINTURK NEWS .
Crypto investors are searching for the best altcoins to buy now as forecasts point toward a powerful 2025 cycle. Stellar and XRP are leading discussions thanks to upgrades and ETF speculation. But analysts suggest MAGACOIN FINANCE could be the breakout contender, with projections hinting at up to 50x upside. Stellar’s Forecast Gains Strength Stellar (XLM) is set for growth with its Protocol 23 upgrade, designed to improve smart contract speed and reduce costs. Analysts tracking the Stellar (XLM) forecast see rising interest from DeFi projects and institutions. Price expectations range from $0.22 to $0.87 in 2025, with stretched targets near $1.44 if adoption expands. A confirmed close above $0.50 could spark rallies toward $0.64 or higher. With ISO 20022 compliance supporting cross-border payments, Stellar remains one of the high ROI crypto picks that investors continue to monitor. For those scanning cheap cryptos with potential, Stellar has remained a consistent entry on lists of the best altcoins to buy now. XRP’s 2025 Price Prediction The XRP price prediction 2025 is shaped by growing institutional interest. Several spot ETF applications are under review by the SEC, with Grayscale, 21Shares, Bitwise, and Franklin Templeton all pushing to secure approval. Large investors have already accumulated $3.8 billion in XRP positions, showing clear conviction. Bullish scenarios forecast prices between $6 and $8, with the chance of $10+ if tokenized finance expands in sync with the next market rally. For those considering the top altcoins for 2025, XRP’s mix of institutional demand, regulatory progress, and liquidity makes it one of the best altcoins to buy now. MAGACOIN FINANCE: Rising Contender for 50x While Stellar and XRP hold the spotlight, MAGACOIN FINANCE is emerging as a strong challenger for the next cycle. Analysts point to unique fundamentals and early positioning, with some forecasting up to 50x upside potential. Momentum in altcoins is shifting toward cheap cryptos with potential , and MAGACOIN FINANCE is being ranked alongside the top altcoins for 2025 . For investors scanning high ROI crypto picks, it is gaining traction as one of the best altcoins to buy now before the cycle accelerates. 2025 Could Be Defined by These Three The 2025 cycle is shaping up to highlight proven projects and fast-rising challengers. The Stellar (XLM) forecast suggests strong technical progress, the XRP price prediction 2025 highlights ETF-driven demand, and MAGACOIN FINANCE offers a breakout growth path with forecasts of 50x upside. For investors seeking the best altcoins to buy now, Stellar and XRP bring stability and adoption while MAGACOIN FINANCE offers the chance to capture growth from the ground up. It is fast becoming one of the most discussed cheap cryptos with potential, earning a place among the top altcoins for 2025 and high ROI crypto picks for the next cycle. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Stellar, XRP & MAGACOIN FINANCE Poised for 50x Upside in Analysts’ 2025 Outlook
COINOTAG News reported on August 23 that the Trump family’s project World Liberty Finance (WLFI) is scheduled to launch on the Ethereum mainnet on September 1, with tokens becoming available
Sharplink Gaming Inc. announced a stock repurchase program authorizing the buyback of up to $1.5 billion of its common stock. Sharplink Commits to $1.5 Billion Return of Capital via Buybacks The Sharplink Gaming Inc. (Nasdaq: SBET) news propelled the company’s shares 15% higher during Friday’s trading session. The significant market reaction highlights investor approval of
Bitcoin slipped on Friday after a brief run higher, and some market watchers say the move could force a policymaker response. Based on reports, Bitcoin was trading at about $113,240, down 3.4%, on August 22, 2025. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Crypto Analyst Flags Inflation Risk According to Bloomberg Intelligence strategist Mike McGlone, the simultaneous rise in equities, Treasury yields, gold and Bitcoin looks unstable and could push inflation higher if it continues. He warned that stronger risk-asset gains might nudge the Federal Reserve toward tighter policy, not easing, which would be the opposite of calls from US President Donald Trump to loosen policy this year. Reports have noted that Bitcoin fell from a local high of $120,050 to roughly $112,990, a decline of about 6% since last Friday, and that the crypto lost just over $1,000 in a few hours during the move. A Lot May Be Riding on Bitcoin/Gold Going Up – The simultaneous rise in equities, Treasury bond yields, Bitcoin and gold appears unsustainable, and at a minimum due for some volatility post-summer doldrums. A scenario my graphic highlights is that if risk assets keep rising,… pic.twitter.com/7xCLbw7DXy — Mike McGlone (@mikemcglone11) August 22, 2025 Price Action And Market Moves Markets reacted quickly. Some traders booked profits after the spike, and others trimmed positions ahead of key Fed commentary at Jackson Hole. The pullback was not extreme by historical standards, but it shows how quickly sentiment can change. Markets have been watching Treasury yields and Powell’s comments closely, since those signals help decide whether risk assets will keep drawing fresh money. What The Numbers Mean For Investors Based on reports, the recent fall understates how much volatility persists in crypto. A 6% move in a few days is normal for Bitcoin’s history, yet it still matters for big holders and funds that move money in and out quickly. Some support levels around $112,000 were being watched by crypto tacticians, while traders said downside protection would likely be tested if yields continue higher. Related Reading: Panic Or Profit? Analyst Says XRP Below $3 Is A ‘Massive Blessing’ Analysts’ Price Targets Analysts are split on where Bitcoin goes from here. Bernstein strategists, for example, have floated a scenario where Bitcoin could climb as high as $200,000 within months if certain on-chain flows and institutional demand persist. Other market players see a more modest path, with some guessing at a peak near $140,000 to $150,000 as the most realistic upside in the near term. At the same time, veteran voices like McGlone warn that downside scenarios remain possible if the Fed tightens. Featured image from Meta, chart from TradingView
The market may be moving slowly, but cryptocurrency investors are already asking the important question: what’s next after Bitcoin? With several months to go in 2025, analysts are highlighting a number of projects as the best altcoin to buy now. While analysts’ watchlists would often feature established tokens such as XRP, Cardano (ADA), and Chainlink, a newcomer, MAGACOIN FINANCE, has made its way into the list, indicating its potential to deliver massive returns to investors. XRP and ADA Outlook XRP is trading around $2.89, but recent pullbacks haven’t scared off long-term holders. Ripple’s slowed token release schedule and its position in cross-border payments suggest room for growth, with some predictions calling for $4.78 or more in the next cycle. Cardano is sitting close to $1.00 and has whales quietly buying up nearly $100 million in ADA this summer. That kind of confidence, paired with upgrades like Hydra that improve speed and scalability, makes ADA a strong contender on lists of the best altcoins for 2025. LINK’s Continues to Gather Strength Meanwhile, Chainlink recently climbed above $26 after a series of buybacks and high-profile partnerships with names like ICE and Google Cloud. With nearly 40% of its supply staked, LINK continues to look like a long-term infrastructure play. Analysts following the token highlighted its potential to deliver gains but noted such gains may be incomparable to that of newer and emerging altcoin contenders. Analysts Predict Up to 5000% ROI For MAGACOIN FINANCE Holders XRP, ADA, LINK—and now MAGACOIN FINANCE —are topping analyst lists of best altcoins to buy for 2025. However, analysts say MAGACOIN FINANCE is the only project that could deliver up to 5,000% ROI for investors. The reasons are clear. The slowdown in the market appears to have no effect on the project as momentum is building. Traders following the token say its trajectory mirrors life-changing rallies from previous bull cycles. That sounds bold, but experts argue it’s not out of the question. Why? Because MAGACOIN FINANCE combines a rare mix of utility, hype, and community backing, and these are factors investors look for when markets heat up. Bottom Line If 2025 plays out like past bull runs, the winners may not only be Bitcoin and Ethereum. XRP, ADA, LINK, and MAGACOIN FINANCE are on track to deliver strong narratives and, potentially, explosive gains. However, for investors hoping to make massive returns on their investment, MAGACOIN FINANCE has earned the pick as the best altcoin to buy in 2025. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Best Altcoins for 2025: XRP, ADA, MAGACOIN FINANCE & LINK Predicted to Deliver 5000% Returns
In a major policy shift, federal prosecutors are changing how they approach decentralized finance, or Defi. After years of uncertainty around liability for coders and software developers, officials are now drawing a clear line between creating technology and committing a crime. The US Justice Department has announced it will no longer target software developers who build Defi platforms without proof of criminal intent. Acting Assistant Attorney General Matthew Galeotti made the remarks Thursday during a digital assets summit in Wyoming. He said that writing code alone does not constitute a crime. This signals a significant change from earlier enforcement strategies where prosecutors charged developers for operating unlicensed money transmission businesses. Debate Over Money Transmission Rules Regulators have long applied stringent rules to companies in the money remittance business, but the rise of Defi systems is putting those standards to the test. Traditional payment platforms face clear obligations, while DeFi projects say those same rules don’t make sense in a code-driven environment. Money transmitters such as PayPal and Cash App must secure licenses and comply with anti-money laundering obligations. They also have to verify customers and report suspicious transactions. But decentralized exchanges argue these rules don’t fit their model since they have no control over user activity on their platforms. NEW: US DOJ’S ACTING AAG MATTHEW GALEOTTI SAYS “OUR VIEW IS THAT MERELY WRITING CODE, WITHOUT ILL INTENT, IS NOT A CRIME. INNOVATING NEW WAYS FOR THE ECONOMY TO STORE AND TRANSMIT VALUE AND CREATE WEALTH, WITHOUT ILL INTENT, IS NOT A CRIME” https://t.co/iyGVBr0BCZ — DEGEN NEWS (@DegenerateNews) August 21, 2025 On Defi, Hiding Money & Ill Intent The issue came under the spotlight after a New York jury recently convicted Roman Storm, co-founder of Tornado Cash, on conspiracy charges linked to operating an unlicensed money transmitting business. Tornado Cash is a privacy service specifically designed to make Defi and cryptocurrency transactions more difficult to trace. Jurors could not reach a decision on whether Storm committed money laundering or violated sanctions. Prosecutors said the service allowed illicit finance, while critics of the case argued Storm had only written code. Prosecutors Will Prioritize Evidence Of Intent According to Galeotti, future cases in the Defi and crypto space will require proof that a developer knowingly aided fraud, sanctions evasion, or laundering. “Innovating new ways for the economy to store and transmit value and create wealth, without ill-intent, is not a crime,” he said. He added that laws banning unlicensed money transmission will not apply to developers unless there is evidence of deliberate wrongdoing. The focus of the US justices will remain on fraud, Ponzi schemes , and global laundering networks, including those based in China and other countries suspected of carrying out illicit transactions. Featured image from Getty Images, chart from TradingView