Coinme Hit With $300,000 Penalty in California’s First DFAL Enforcement Action

The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with Seattle-based Coinme, Inc. This marks the first enforcement action under the state’s Digital Financial Assets Law (DFAL). California Cracks Down on Coinme Coinme, which operates crypto kiosks in grocery and convenience stores across California, was found to have violated DFAL’s daily transaction limit by allowing customers to exchange or withdraw more than $1,000 per day. The DFPI investigation also revealed that Coinme failed to provide required disclosures on customer receipts. Under the terms of the consent order, Coinme has agreed to pay a $300,000 penalty, including $51,700 in restitution to an elderly California resident impacted by the violations. According to the official press release by DFPI, the company will also implement compliance measures to prevent future infractions. In a statement, DFPI Commissioner KC Mohseni said “This enforcement action should send a strong message to kiosk operators that California means business when it requires digital asset companies to follow the rules that help prevent scammers from taking advantage of unsuspecting Californians.” Crypto Kiosk Scams Surge Fraud losses linked to crypto kiosks surged nearly tenfold between 2020 and 2023, as per the FTC’s report last September. The FBI recorded $247 million in kiosk-related losses in 2024. It noted a 99% rise in complaints from the previous year. Both agencies warn that these scams have disproportionately harmed older Americans, with the FTC revealing that those aged 60 and above were over three times more likely than younger adults to report a loss through a crypto kiosk. In response, California enacted the DFAL in 2023 to regulate kiosk operators and reduce these risks. Other states taking action include Illinois. In early June, the lawmakers of the state sent a bill to Gov. JB Pritzker, who had advocated for such measures earlier this year. Vermont also enacted regulations in May that set daily transaction limits on crypto kiosks to curb victim losses, while Nebraska implemented a law in March requiring crypto ATM operators to obtain licenses. The post Coinme Hit With $300,000 Penalty in California’s First DFAL Enforcement Action appeared first on CryptoPotato .

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Ethereum Faces Whale Selling but May Consolidate Near Key Support Ahead of Potential Breakout

Ethereum has demonstrated remarkable resilience by withstanding over $2.5 billion in whale selling, maintaining price stability through robust investor support between $2,344 and $2,421. Despite bearish pressures, Ethereum’s price is

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Next Ethereum hunt: 4 affordable coins to watch in 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum grabs headlines, investors hunt low-cost gems; Little Pepe is gaining traction at under $1. Table of Contents Little Pepe: The memecoin with real utility Cardano: A scalability giant with long-term growth potential Hedera: Powering enterprise-grade blockchain solutions Pi Network: Mobile mining model with long-term growth potential Conclusion Ethereum continues to steal headlines, and casual investors are already asking, ‘What’s next?’ With talk of 2025 price explosions, a fresh search has begun. Lots of eyes now drift toward coins that cost less than a dollar. A surprising name keeps surfacing in those conversations: Little Pepe , or LILPEPE. You might also like: XRP targets $5 but Little Pepe presale steals the spotlight as it raises $200,000 on day 1 Little Pepe: The memecoin with real utility Most memecoins live or die on the latest Twitter spark, but Little Pepe claims bigger ambitions. Early presale stages have generated over $2 million, a figure that doesn’t include sales from jokes alone. A detailed roadmap suggests tools and partnerships, not just idle chatter in a chat room. Fans call it fun money with a grown-up plan, and early believers are already putting that claim to the test. Little Pepe isn’t here for a flash-in-the-pan pump; the team wants something that sticks. Stage 3 of its presale just lit up, and chatter in the chat rooms shows demand is creeping faster than anyone expected. Community-driven, the project is prepping itself for serious street cred in the crypto lane. To crank the buzz even higher, a $777,000 giveaway is now live. Giveaways like this don’t just turn heads, they prove the project is ready to put real money behind its image. Visibility, in other words, comes built right into the fun. Cardano: A scalability giant with long-term growth potential Cardano has long enjoyed a seat at the grown-ups’ table in blockchain talks. Its blueprint of scalability, sustainability, and textbook-grade research gives ADA a sturdy leg to stand on as 2025 rolls closer. Trading around $0.54 USD, the token offers budget-conscious buyers a low-stakes opportunity to leverage a high-performance network. Cardano keeps moving forward. The recent Plomin Hard Fork introduced one-person, one-vote governance that is stored on the blockchain. Developers are also lining up plans to hook Bitcoin-backed stablecoins into the ecosystem. Such moves aim straight at real-world use cases, not just speculation. Look at the charts and spot the signs. Bullish wedges and rising volume bars are starting to light up the screen. Some analysts aren’t shy about calling a price tag of $5.33 by 2025. Stronger sentiment and wider adoption in DeFi could make that guess feel less wild than it sounds. Hedera: Powering enterprise-grade blockchain solutions Hedera (HBAR) is currently hovering around $0.1375. The project stands out because a council of heavyweights — think Google, IBM, and a few others — sits in the driver’s seat. Its hashgraph consensus stacks up as both fast and energy-light, so companies that worry about power bills pay attention. Many developers consider that combination easy to like. Even at its current price, people see room for HBAR to expand. Traders already caught a quick 15% bounce, and a couple of analyst desks are whispering about a 50% jump in 2025. If new enterprise deals continue to roll in, Hedera may soon become the go-to platform for firms seeking a large-scale blockchain. Pi Network: Mobile mining model with long-term growth potential Pi Network has made waves lately by allowing users to mine PI coins directly from their phones. The token now sits at approximately $0.5025, and a glance at the charts reveals a market cap of $4.1 billion. Even though it ranks only 35, its easy smartphone access leaves plenty of room for growth. Fans are excited about the opportunity to build decentralized apps once the mainnet goes live. Some experts even predict that Pi could sprint toward the $500 to $1,000 range by 2030 if user numbers and developer tools continue to climb. Mass adoption might not stay a dream for long with mining that fits in almost every pocket. Conclusion Cardano, Hedera, and Pi all appear solid, yet many traders now have their eyes on Little Pepe . This memecoin does more than ride Twitter trends; it comes with a detailed roadmap and actual uses outside the usual hype cycle. For 2025, that mix of fun and foundation makes Little Pepe one of the sharper bets on the board. Little Pepe just racked up $2 million in presale cash, and chatter about the coin is spreading fast. Certain investors are calling it the next Ethereum. Getting in now could mean getting the best upside when 2025 hits. To learn more about Little Pepe, visit the website , Telegram , and Twitter (X) . Read more: From meme to the moon: Why LILPEPE might outperform XRP this bull cycle Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Aptos Double Bottom Pattern Points To $10 Bullish Target – Details

In line with the broader crypto market, Aptos (APT) experienced a remarkable price upswing in the past week culminating in a market gain of 12.53%. However, the prominent altcoin remains in a corrective phase with a price loss of 8.75% on its monthly chart. Aptos has famously underperformed in the crypto bullish resurgence that kicked off in April reaching a local peak of $6.14 while the present market cycle top lies around $17.90. However, popular market analyst with X username PlanD has tipped the altcoin to maintain its most recent uptrend as indicated by a bullish chart pattern. Related Reading: XRP Down 3% After SEC Settlement Stalls, But Social Media Turns Bullish Aptos Ready For Major Bullish Price Reversal – Analyst In a recent X post on June 27, PlanD provides an insightful technical analysis on the APT market hinting at a major price surge ahead . Firstly, the renowned analyst explains APT has shown consistent price movement within a descending channel over the past two and half years. However, APT price action in the past three months have twice retested the lower boundary of this channel, thereby forming a double bottom pattern – a bullish reversal pattern formed when price forms two similar lows separated by a rebound as seen between April till date on the chart below. The peak of the intervening price rebound serves as the pattern’s neckline, and a breakout above this level confirms the market’s intent for a bullish reversal. Therefore, if APT bulls can secure a decisive daily close above $6.00, it would likely trigger a broader market rebound, with price targets set around $9.92, representing an estimated 100% gain on present market prices. Beyond $9.92, a sustained buying pressure could force APT to return to its cycle top at $17.90 which currently aligns with the upper boundary of the descending price channel. According to PlanD’s analysis, a successful breakout above this long-standing channel exposes investors to lofty price targets as high as $55 and $79. On the cautionary note, APT bulls must avoid a price rejection at the $6.00 region, which represents the market’s next major resistance. The occurrence of such a scenario would suggest a delay of the purported or invalidation in the case of price fall below the present support line at the lower boundary of the descending channel. Related Reading: Analyst Spots Bitcoin Time Bomb Hidden In Bullish Weekly Chart Aptos Price Overview At the time of writing, APT trades at $4.88 reflecting a 2.41% decline in the past day. Meanwhile, the altcoin’s daily trading volume is soaring by 67.08% and valued at $430.09 million. With a market cap of $3.41 billion , Aptos ranks as the 31st largest cryptocurrency in the market. Featured image from Getty Images, chart from Tradingview

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Robinhood May Expand Retail Access with Bitcoin Micro Futures Amid Growing Crypto Interest

Robinhood has expanded its cryptocurrency offerings by launching micro futures contracts for Bitcoin, Solana, and XRP, aiming to enhance retail investor access to crypto derivatives. This strategic move follows Robinhood’s

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Bitcoin: How Strategy’s S&P 500 move will push BTC even higher

Could S&P 500 inclusion be the next trigger in Bitcoin’s financial mainstreaming?

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Can Ruvi AI (RUVI) Climb the Charts Like Solana (SOL)? Analysts Say Utility Focus and Audit Give It a Real Shot

Solana (SOL) made waves in the cryptocurrency space by delivering a blockchain solution tailored for scalability, speed, and usability. Now, Ruvi AI (RUVI) is being tipped as the next breakout star, with analysts suggesting it has what it takes to replicate Solana’s remarkable climb. With a blend of real-world utility , structured growth , and an impressive presale performance, Ruvi AI is proving it deserves the attention it’s receiving. Why Analysts Compare Ruvi AI to Solana Solana rose to prominence because it solved real problems in blockchain scalability with a focus on usability and functionality. Similarly, Ruvi AI is tackling a different set of challenges by combining blockchain technology with artificial intelligence (AI) to provide solutions across industries like marketing , entertainment , and finance. This utility-driven model gives Ruvi AI the credibility and long-term potential that speculative tokens often lack. Where Ruvi AI truly shines is in its structured growth model . The RUVI token is priced at $0.015 during Phase 2 of its presale , with a guaranteed rise to $0.07 post-presale . This marks a nearly 5x return before public trading even begins. Analysts expect the token to climb further to $1 after listing , offering early investors a staggering 66x ROI . This growth potential mirrors the type of trajectory seen by early Solana investors and is the reason Ruvi AI is being compared to the blockchain giant. A Milestone-Filled Presale One of Ruvi AI’s strengths lies in its impressive presale performance, which reflects its ability to capture interest and build momentum. Consider these early successes: A total of $2 million raised , demonstrating robust demand from investors. Over 170 million tokens sold , confirming credibility and high investor confidence. An expanding base of more than 1,700 holders , emphasizing Ruvi AI’s growing appeal. These achievements underscore the project’s ability to generate enthusiasm and trust, laying the groundwork for achieving Solana-like success in the crypto charts. Amplify Returns With Ruvi AI’s VIP Investment Tiers Ruvi AI goes a step further in rewarding its early backers with VIP investment tiers that maximize ROI through token bonuses. Here’s a breakdown of these opportunities: VIP Tier 2 ($750 investment, 40% bonus): Total tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900. Value at $1 per token: $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680. Value at $1 per token: $224,000. VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens received: 1,280,000 (double the allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These tiers create an incentive structure that enables investors to scale their contributions and reap significant rewards as Ruvi AI grows. Security and Transparency Build Investor Confidence Much like Solana, Ruvi AI is committed to maintaining a high level of transparency and reliability . A third-party audit by CyberScope has verified the security of the platform, instilling further confidence among investors. Additionally, Ruvi AI has partnered with WEEX Exchange to ensure post-presale liquidity , meaning RUVI token holders can seamlessly trade as soon as the presale concludes. This focus on safety and usability makes the project stand out as a trustworthy and investor-friendly platform. Practical Applications Drive Demand A major factor behind Solana’s rise was its ability to address real-world issues. Similarly, Ruvi AI’s practical applications in multiple industries ensure continuous demand for its tokens. Here’s how Ruvi AI is impacting key sectors: Marketing: Businesses benefit from AI tools that improve ad targeting, streamline campaigns, and drive better ROI. Entertainment: AI-backed personalization empowers content creators to enhance audience engagement and secure blockchain-protected payments. Finance: Financial services use Ruvi AI for detecting fraud, scaling transactions, and achieving operational transparency. These use cases ensure Ruvi AI’s relevance and position it as a player with lasting potential in the crypto space. Ruvi AI’s Focus on Utility and Growth Positions It for Success Solana’s meteoric rise came down to meeting a critical need and executing with precision. With its utility-first model, robust presale results, and structured growth, Ruvi AI is on a similar path. Available at just $0.015 per token , with a guaranteed $0.07 post-presale valuation and a projected $1 price after listing , Ruvi AI offers a lucrative opportunity for early backers. With $2 million raised , over 170 million tokens sold , and partnerships with trusted entities like CyberScope and WEEX Exchange, Ruvi AI has built a foundation of trust and innovation. For investors seeking the next project with Solana-like potential, Ruvi AI could be a smart and timely move. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register

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Can $500 flip to $100k? Here are 5 coins with massive growth potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With a crypto bull run underway, investors eye 5 coins with strong potential to grow small stakes into big returns. Table of Contents Catzilla wrecks chaos: The memecoin for warriors of crypto Can Ethena bounce back? Eyes on resistance levels Uniswap set for potential price surge in altcoin season Rise or Fall: Raydium fluctuates amidst market shifts Worldcoin poised for potential breakout beyond resistance levels Conclusion In the cryptocurrency space, the potential for rapid financial growth captures everyone’s attention, especially with the anticipated bull run already in motion. Savvy investors are eager to explore opportunities that promise substantial returns on their investments before 2026. Highlighting a selection of five promising digital currencies, this article delves into those primed for explosive growth, piquing the curiosity of those looking to turn a modest start into a significant portfolio expansion by year-end. You might also like: Traders go all in on CATZILLA, could it be the next meme coin to rocket like FARTCOIN? Catzilla wrecks chaos: The memecoin for warriors of crypto In a world where financial freedom feels out of reach, a new opportunity emerges, Catzilla ! Born from the frenzy of meme culture and set for explosive growth, this is the memecoin investors have been waiting for! 14 stages. Limitless potential. A legendary cat warrior with lives to spare, Catzilla offers 14 chances to grab the power-packed CATZILLA token before it goes public. Imagine leveling up stash from Stage 1 to Stage 14, where gains soar up to 700%! Catzilla evolves as the presale progresses, bringing investors closer to financial victory with every step. But beware, fellow warriors — the clock is ticking, and only the swift and the daring will secure their share of Catzilla’s unstoppable might. Claim a share before Catzilla stomps the competition flat! Forget dogs, it’s all about the meow money The crypto world’s gone barking mad for years, but now could be the time for cats to claw their way to the top. MEW and Popcat are the latest feline sensations proving that dogs might fetch headlines, but cats bring home the gains. MEW: Purring into the top 15 memecoins, this clever kitty pulled off a 103.7% climb in just three months Popcat: This one didn’t just pounce; it soared, delivering a jaw-dropping 157.44% surge. These aren’t just one-off flukes. Cats are on the prowl, staking their claim in the memecoin kingdom. People who think MEW and Popcat are impressive, wait until Catzilla roars onto the scene. Forget chasing tails — this may be where the real action is. The Mission: Smash the market. Rewrite the rules Catzilla is here to destroy the old systems that hold investors back. It’s time to build a new world where warriors of the crypto space rise up and claim what’s theirs. With every stage of this presale, the forces of profit grow stronger. Time is running out, and the opportunity to join Catzilla’s army won’t last forever. The profits are poised to explode, and only those brave enough to seize this moment will see their gains rise like a true anime hero’s power level. Qatch Catzilla wreck the market and bring chaos to the competition! Can Ethena bounce back? Eyes on resistance levels Ethena (ENA) is currently trading between $0.20-$0.30. Although it battles recent declines, it suggests potential for a rise if it breaks the $0.35 resistance level. The second resistance level is at $0.44, representing a significant upside possibility. The current RSI at 46.49 shows it’s approaching a stronger zone. The Moving Averages of 10 and 100 days are close, hovering around $0.25-$0.26. This suggests a balance is feasible before a potential surge. Despite short-term losses, breaking the $0.35 barrier could fuel optimism among investors. The bearish MACD signals possible further struggles, yet hopeful eyes remain on its next move. Uniswap set for potential price surge in altcoin season Uniswap (UNI) shows promise as the altcoin space anticipates growth. Despite a recent weekly dip of 10.5%, UNI has climbed over 9% this month, suggesting renewed interest. Currently bouncing between $5.47 and $7.53, UNI eyes the resistance at $8.79 as a potential breakthrough point. If momentum builds, the next target could be $10.85, signaling significant upside from current levels. The coin’s RSI sits at a balanced 48.32, indicating neither overbought nor oversold conditions. The consistent 10-day and 100-day simple moving average signals stability, setting the stage for a possible rally. The crypto market is buzzing with optimism, and UNI could be one of the altcoins leading the charge. Rise or Fall: Raydium fluctuates amidst market shifts Raydium (RAY) is holding between $1.51 and $2.40. The coin has a rocky path. It’s well below the crucial resistance point of $2.96. The support solidifies at $1.18. The recent trends show a 12% drop over the past week and 39% over the month, sending caution signals. The RSI is near the mid-point at around 48. This suggests neither oversold nor overbought conditions. While RAY faces bearish signs, any bounce back could push it toward $3 if momentum shifts. RAY might find strength again if it surpasses resistance. Still, expect volatility before clearer trends. Current indicators lean towards more challenges ahead rather than quick gains. Worldcoin poised for potential breakout beyond resistance levels Worldcoin (WLD) currently trades between $0.73 and $0.98. The price faces resistance at $1.13 and support at $0.62. Recent trends show Worldcoin down about 7.5% over the week and a larger 38.5% drop over the month. Yet, with an RSI of 42.07, the coin isn’t oversold, hinting at a possible uptick. While it’s below both the 10-day and 100-day simple moving averages, a shift could happen if market sentiment improves. If Worldcoin breaks past $1.13, it might aim for the next level of $1.38. Though it’s speculative, this would be a rise of over 40%. For now, eyes are on the resistance levels as potential breakout points. Conclusion While ENA, UNI, RAY, and WLD have less short-term potential, Catzilla offers a remarkable opportunity. As a memecoin hero aiming for financial freedom for all, it promises a 700% ROI during its presale from $0.0002 to $0.0016 over 14 stages. With triple utility: governance, rewards, and staking, Catzilla unites enthusiasts to overcome financial barriers by acquiring CATZILLA tokens. For more information on Catzilla, visit the website , Twitter , or Telegram Chat . Read more: Next FARTCOIN or SPX? Why CATZILLA could surprise the meme coin market Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Bitcoin ETFs Capture Growing Interest in Global Financial Markets

High investor interest in Bitcoin and crypto ETFs marks a significant market shift. Expanding crypto ETF offerings enhance market accessibility and financial diversity. Continue Reading: Bitcoin ETFs Capture Growing Interest in Global Financial Markets The post Bitcoin ETFs Capture Growing Interest in Global Financial Markets appeared first on COINTURK NEWS .

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Woman Loses $20,000 Life Savings at Wells Fargo After Receiving Inquiry From Scammers Claiming To Be Bank’s Fraud Department: Report

Scammers posing as Wells Fargo’s fraud representatives reportedly stole one woman’s life savings from her bank account. Roberta Thompson, a school bus driver in Katy, Texas, says her troubles began when she received a text from someone she believed was with the Wells Fargo fraud department, reports Fox26 Houston. The text alerted her to what appeared to be a fraudulent transaction. After the text, she says she received a call from a man who said he was with the bank’s fraud department. Thompson says the caller told her that in order to protect the $20,000 in her account, she needed to withdraw it and then deposit the money into what he claimed was a new account for her. However, that account belonged to the caller who scammed her out of her life savings. Says Thompson, “I didn’t see the red signs then. I didn’t notice until it was all too late… That’s all I had. That was my savings. That was my way of paying all my bills and what I needed to do. I wanted to faint. I was sick to my stomach.” She says that Wells Fargo has denied her claim to restore the stolen funds, even though she provided a recorded message from the fraudster and other evidence that she says proves she was the victim of a scam. Wells Fargo has yet to respond to the reporter’s request for comment. She also filed complaints with the Harris County Sheriff’s Office and the FBI. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Woman Loses $20,000 Life Savings at Wells Fargo After Receiving Inquiry From Scammers Claiming To Be Bank’s Fraud Department: Report appeared first on The Daily Hodl .

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