The post Circle Files for National Trust Bank License in the U.S. appeared first on Coinpedia Fintech News Circle Internet Group Inc. (NYSE: CRCL), a top-tier stablecoin issuer, has applied for a national trust bank license in the United States with the Office of the Comptroller of the Currency (OCC). The behemoth stablecoin issuer intends to establish the First National Digital Currency Bank, which would manage its reserves in USDC. “Circle has long sought to seek the highest standards of trust, transparency, governance, and compliance,” Jeremy Allaire, CEO at Circle, noted. “Becoming a publicly traded company is a significant part of that, becoming a national trust company is again a continuation of that.” Expected Impact of Circle’s Entrance in the Banking Sector If approved by the OCC, Circle will join Anchorage Digital, which was issued the national trust bank charter. As a result, more institutional investors’ capital will flow to the crypto market. To the wider crypto market, liquidity headwinds will be an issue of the past. Moreover, the current U.S. national government, led by President Donald Trump, has laid significant emphasis on clear crypto legislation. Most importantly, the license will allow Circle to provide custody services for digital assets on behalf of the institutional investors. The palpable success of Circle in the stablecoin market has helped the firm attract more institutional investors, especially in the past year. The recent approval of the Genius Act in the U.S. Senate has increased the overall demand for stablecoins by institutional investors. Furthermore, President Trump has urged Congress to hasten and pass the GENIUS Act and to facilitate the mainstream development and adoption of stablecoins.
California-based financial services firm Robinhood is in the process of building its own layer 2 blockchain on Arbitrum, according to a press release published by the company on Monday. The announcement also featured multiple products and services that will be rolled out to European Union (EU) customers, such as tokenized U.S. stocks, exchange-traded funds (ETFs),
Institutional digital asset investment vehicles have enjoyed over $16 billion in inflows over the last eleven weeks, according to crypto asset management firm CoinShares. In its latest Digital Asset Fund Flows Weekly Report , CoinShares finds that inflows into institutional crypto investment vehicles in the first six months of 2025 (H1) fall just short of the inflows seen last year. “Digital asset investment products saw inflows of US$2.7bn last week, marking the 11th consecutive week of inflows totalling US$16.9bn. Reflecting on the half-year mark, inflows are on a similar track to 2024, where inflows to end-June were at US$18.3bn. We believe this resilient investor demand has been driven by a combination of factors, primarily heightened geopolitical volatility and uncertainty surrounding the direction of monetary policy.” Source: CoinShares Regionally speaking, the US led the charge with $2.65 billion in inflows. Switzerland and Germany also provided inflows of $23 million and $19.8 million. Meanwhile, Canada, Hong Kong, and Brazil saw outflows of $13.6 million, $2.3 million and $2.4 million, respectively. Hong Kong, in particular, witnessed $132 million in outflows in June alone. Bitcoin ( BTC ), per usual, took the lion’s share of inflows. “Bitcoin accounted for 83% of total inflows last week, attracting US$2.2bn. In contrast, short-Bitcoin investment products saw a further US$2.9m in outflows, bringing year-to-date (YTD) outflows to US$12m — a clear indication of broadly positive sentiment towards Bitcoin this year.” Ethereum ( ETH ) continued its inflow streak with $429 million in inflows last week alone. 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 Crypto Products See 11-Week Green Streak After $2,700,000,000 in Weekly Inflows: CoinShares appeared first on The Daily Hodl .
A seasoned crypto analyst has warned that the recent Bitcoin (BTC) price action may be setting the stage for major liquidity traps, echoing patterns seen in past cycles. As the leading cryptocurrency aims for new all-time highs, the pundit suggests that market makers could be deliberately engineering conditions for bear traps before triggering a powerful breakout. Bitcoin Path To ATH Riddled With Liquidity Traps Crypto market expert Luca has shared intriguing insights into Bitcoin’s latest price behavior, arguing that the market may be entering a classic liquidity trap phase allegedly orchestrated by market makers. The analyst stated in an X (formerly Twitter) post that Bitcoin’s price action since topping out in late May 2025 has followed a suspicious pattern. He noted that despite experiencing several price rallies, not a single local high has been swept in the past few weeks. Related Reading: Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge Luca suggests that this rare price structure could be a deliberate setup, giving the illusion of stability and offering false conviction in bearish positions. The analyst warns that market makers have possibly influenced this market behavior by baiting shorts into entering or holding positions with the assumption that Bitcoin could continue to be capped below resistance. Ideally, this underpins the theory that bear traps are potentially being set as BTC gears up for its next bullish rally. Notably, multiple key resistance levels are now stacked tightly between $109,000 and $112,000, as highlighted on the analyst’s 4-hour Bitcoin chart. While BTC has been consolidating just below these levels, forming what appears to be a potential base, Luca argues that this price behavior is not a coincidence. Rather than market weakness, he believes the subdued price action reflects a calculated effort by market makers to encourage bearish complacency. The pundit interprets the deliberate avoidance of liquidity above these resistance lines as a signal that deeper bear traps are possibly being laid. Luca has revealed that this setup could be laying the groundwork for a sudden short squeeze, potentially igniting a sharp move toward a new all-time high for Bitcoin. Analyst Says BTC 2024 Breakout Back In Play Adding historical context to his analysis, Luca compares the current market structure to a prolonged consolidation phase observed throughout 2024. On the second 8-hour chart, a clear trendline of resistance can be seen capping Bitcoin’s upside for most of the previous year. Related Reading: Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming The chart shows that price action consistently failed to break above the descending barrier, with multiple attempts being rejected between March and October. Each rejection was marked by unswept highs—similar to the current market setup and suggesting that shorts were systematically being protected. This compression finally resolved in November 2024, when Bitcoin erupted through the resistance and launched a parabolic move to new highs. That breakout was fueled by the exact mechanism Luca now believes is in motion. With historical patterns now resurfacing, the analyst maintains that Bitcoin’s ongoing suppression and untouched highs are part of a blueprint that indicates a possible bullish move toward uncharted price territory. Featured image from Pixabay, chart from Tradingview.com
Shiba Inu made headlines during its meteoric rise by leveraging meme culture and community support. However, for investors seeking serious returns backed by real-world utility, analysts are highlighting Ruvi AI (RUVI) as a stand-out cryptocurrency. With projections of a 13,500% ROI , Ruvi AI combines blockchain technology and artificial intelligence (AI) to solve real-world problems, setting it apart from speculative tokens like Shiba Inu. Already gaining substantial traction, Ruvi AI has raised $2.1 million , sold over 170 million tokens , and boasts a growing community of more than 1,900 holders . Here’s why this project is being tipped as the next big thing in crypto investments. Why Ruvi AI Outshines Shiba Inu While Shiba Inu has relied on hype to fuel its growth, Ruvi AI provides value through its practical applications and utility-first approach . This ensures not only initial investor interest but also long-term sustainability. Real-World Use Cases Ruvi AI focuses on solving key challenges across industries, delivering innovation where it’s needed most: Marketing : Businesses benefit from AI-powered tools that refine ad targeting, reduce wasted spend, and maximize return on investment (ROI). Entertainment : Content creators have access to blockchain-secured revenue systems and AI analytics that enhance transparency, audience engagement, and earning potential. Finance : Ruvi AI offers cutting-edge fraud detection and secure transactions via blockchain, empowering financial institutions to improve operations and client trust. By addressing specific issues across multiple sectors, Ruvi AI ensures ongoing demand for its token, making it a reliable investment with real-world utility. Early Success That Reflects Strong Potential Ruvi AI’s presale success points to a promising future for the token: $2.1 million raised , demonstrating strong financial backing from early investors. Over 170 million tokens sold , indicating substantial demand even before listing. A growing base of 1,900+ holders , reflecting high confidence in its innovative model. Each of these achievements sets Ruvi AI up for explosive growth as it approaches public trading. A Clear Roadmap to 13,500% ROI Ruvi AI’s structured growth model provides transparency and predictability, making it a standout in the crypto space. The token is currently priced at just $0.015 during Phase 2 of its presale, offering an entry point at a fraction of its projected value. Once the presale ends, the value will rise to $0.07 , delivering an almost 5x return immediately. Analysts further predict Ruvi AI could climb to $1 post-listing , equating to a 66x ROI or a jaw-dropping 13,500% increase from the current price. This kind of growth is a dream for investors looking to turn modest investments into substantial wealth. Maximizing Returns with VIP Investment Tiers Ruvi AI rewards early backers with an exciting VIP investment tier system , offering substantial bonuses: 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 allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These investor incentives make Ruvi AI particularly attractive to those seeking amplified returns from early adoption. A Transparent and Secure Proposition Ruvi AI is committed to fostering trust and security, differentiating itself from speculative projects. The platform has completed a rigorous third-party audit by CyberScope , ensuring the robustness of its smart contracts. Additionally, its partnership with WEEX Exchange guarantees post-presale liquidity , allowing token holders to trade seamlessly upon listing. These measures solidify Ruvi AI’s reputation as a credible and safe investment opportunity. The Rising Star in Cryptocurrency Shiba Inu’s rise was fueled by community-driven enthusiasm, but Ruvi AI is delivering more with its focus on innovation, transparency, and scalability . By addressing real-world challenges and achieving impressive early milestones, Ruvi AI is set to shape the future of the crypto market. With a presale price of just $0.015 and a projected climb to $1 , Ruvi AI offers an extraordinary chance to benefit from a 13,500% ROI . Join the over 1,900 holders who’ve already realized its potential and position yourself for exponential gains. 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 Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Analysts Tip Ruvi AI’s (RUVI) Audited Token As The Next Over 13,500% ROI Gem, Outshining Shiba Inu’s (SHIB) Predictions appeared first on Times Tabloid .
Key takeaways Solana’s price can reach a maximum of $367.80 and an average trading value of $331.81 in 2025. By 2028, SOL is expected to reach a new high of $757.91, driven by mainstream adoption of its dApps. Solana’s price could surpass the $1,000 mark, potentially reaching $1,249.89 or higher by 2031. Despite occasional challenges for Solana ecosystem, including network congestion and competition from other blockchain platforms, the current sentiment shows that Solana demonstrates resilience and adaptability, despite the current price fluctuations, positioning itself as a leading player in the decentralized finance (DeFi) and Web3 landscape. Overall, the prevailing sentiment within the Solana community reflects the current sentiment of confidence and excitement among investors , driven by the growing interest in Solana with stakeholders eagerly anticipating the platform’s continued evolution and impact on the broader crypto ecosystem. While uncertainties persist, Solana’s innovative approach and robust infrastructure instill optimism for its future price trajectory, as indicated by the technical analysis, solana price forecast and market dominance, particularly when evaluated against momentum indicators. How high can SOL go in 2025 and beyond? Overview Cryptocurrency Solana Token SOL Price $143.98 (+0.28%) Market Cap $76.93 Billion Trading Volume 24-hour $3.10 Billion Circulating Supply 534.33 Million SOL All-time High $294.33 Jan 19, 2025 All-time Low $0.5052, May 11, 2020 24-hour High $147.77 24-hour Low $143.04 Solana price prediction: Technical analysis Sentiment Bullish 50-Day SMA $158.50 200-Day SMA $167.92 Price Prediction $341.62 (117.52%) F & G Index 14.64 (extreme fear) Green Days 16/30 (54%) 14-Day RSI 50.71 Solana price analysis: SOL finds support at $130. TL;DR Breakdown: Solana price analysis shows a bullish recovery below $150. Resistance for SOL is at $150. Support for SOL/USD is at $140. The price analysis of Solana for June 30 shows that SOL found support at the $130 price level enabling a recovery back towards the $160 price level. . Solana price analysis 1-day chart: SOL finds support at $130 Solana showed significant bearish pressure on the daily chart, as the bulls could not climb past the $160 level, and the price headed towards $130. The bulls found strong support at the level and have recovered back above $155 as market sentiment shifts. Solana price 1-day chart analysis : SOL rises to $145 The Relative Strength Index (RSI) stands at 56.64, showing room for further upwards movement across the daily charts. The Moving Average Convergence Divergence (MACD) line rises upwards, suggesting rising bullish momentum. Moreover, the MACD histogram shows rising bullish pressure in the cryptocurrency market as bulls climbs back above $155.00. SOL/USD 4-hour price chart: Bearish momentum halts at $130 The 4-hour chart for Solana reveals a steady fall as the bulls failed to rise past the $160 price level, and SOL fell to the $130 mark before recovering towards the $158 level. The high trading volume has caused high volatility in the last few days. Solana price analysis : SOL struggles in continuing uptrend From a technical perspective, the MACD shows falling bullish momentum at 0.57, with the indicator showing rising bearish momentum with recent candles. This suggests that the bulls are yet to find a foothold at the level. The RSI (Relative Strength Index) is at 68.81, indicating that Solana has little to no room for further movement in the upwards direction across the short term and the selloff may continue towards $150. Solana technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 136.17 BUY SMA 5 $ 142.47 BUY SMA 10 $ 142.33 BUY SMA 21 $ 147.52 BUY SMA 50 $ 159.84 SELL SMA 100 $ 148.83 BUY SMA 200 $ 155.04 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 149.42 BUY EMA 5 $ 150.43 BUY EMA 10 $ 146.10 BUY EMA 21 $ 139.79 BUY EMA 50 $ 144.19 BUY EMA 100 $ 159.03 SELL EMA 200 $ 167.64 SELL What to expect from Solana price analysis? SOL/USDT 4-hour price chart: TradingView The Solana price analysis across the daily and 4-hour charts indicates a notable decay after rising towards the $160 price level. The 4-hour chart reinforces this downward trend with a bearish dominance in the MACD and the RSI as the price fell to $130. However, the bulls find strong support at $130 suggesting the price may bounce back above $160. The bullish market sentiment supports the notion and the increasing trade volume is also bullish. However, if the price falls back below $153 it may enter a consolidating period. Is SOL a good investment? Solana is a high-performance blockchain platform known for its scalability and speed, boasting a substantial Total Value Locked ( TVL ). The network continues to hit key development milestones. Despite a challenging month, price predictions indicate a more positive outlook, suggesting the potential for future growth. Why is SOL down? Solana failed to rise past the $160 price level, and the following selloff caused a drop to $140 before recovering towards the $155 level. However, the increasing bearish pressure might create a drop below $150. What is Solana going to be worth in 2025? The Solana (SOL) price prediction for 2025 suggests a minimum value of $150.06 with an average price of $331.81. The price could reach a maximum of $367.80 during the year. Will SOL reach $1,000? The price forecasts indicate that SOL could reach the $1000 mark by 2030. Given the bullish scenario and the projected positive market sentiment and growth trend, SOL might reach $1,000 within the next five years. Can Solana reach $5,000? Reaching $5,000 is plausible but would likely take several years beyond the current forecast period. However, a snowball in the asset’s adoption might bring the moment sooner. Does SOL have a good long-term future? Yes, Solana has a good long-term future, with a promising market capitalization and exciting potential roi due to its high scalability, low transaction costs, robust ecosystem, and increasing institutional interest. Its growing adoption, strong developer community, and strategic partnerships further enhance Solana’s forecast of its potential for sustained growth. Recent news/updates on Solana Solana has announced the support for WBTC, which is backed by 1:1 by Bitcoin custodied. This is custodied by Bitgo exchange. Bitcoin 🤝 Solana WBTC, the most widely issued wrapped Bitcoin, is now natively available on Solana. https://t.co/89csX4wVXB — Solana (@solana) May 5, 2025 Solana price prediction June 2025 The sol price prediction for June 2025 suggests a range of outcomes based on current market trends and analysis. The forecast anticipates SOL fluctuating between a minimum of $146.24 and an average of $167.20, and potentially reaching a maximum of $234.45. Month Minimum Price ($) Average Price ($) Maximum Price ($) June 146.24 167.20 234.45 Solana price predictions 2025 The Solana (SOL) price prediction for 2025 suggests a minimum value of $150.06 with an average price of $331.81. The price could reach a maximum of $367.80 during the year. Year Minimum Price ($) Average Price ($) Maximum Price ($) 2025 150.06 331.81 367.80 Solana (SOL) price prediction 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 359.34 404.80 422.11 2027 492.33 588.77 601.53 2028 643.68 725.64 757.91 2029 692.33 759.34 788.77 2030 793.59 897.39 916.87 2031 1,126.38 1,200.50 1,249.89 Solana price prediction 2026 Solana SOL price is predicted to reach a minimum of $359.34 in 2026. Experts suggest that the coin could reach a maximum value of $422.11 and an average price of $404.80. Solana price prediction 2027 In 2027, the price of Solana is forecasted to be around a minimum value of $492.33. Solana’s price can reach a maximum of $601.53, and the average trading value is $588.77. Solana price prediction 2028 If the bullish run from previous years continues into 2028, SOL can reach a minimum price of $643.68, a maximum price of around $757.91, and an expected average trading price of $725.64. Solana price prediction 2029 An analysis of SOL’s historical performance shows that the coin could attain new highs in 2029, reaching a maximum price of $759.34, a minimum of $692.33, and an average trading price of $788.77. Solana price prediction 2030 Based on the Solana price prediction for 2030 and the support levels, investors can expect a maximum price of $916.87 and a minimum SOL price of $793.59. On average, the SOL coin could trade at $897.39. Solana price prediction 2031 Solana’s price is projected to reach a minimum of $1,126.38 in 2031. Expert findings suggest that it could reach a maximum of $1,249.89 and an average forecast price of $1,200.50. Solana Price Prediction 2025 – 2031 Solana market price prediction: Analysts’ SOL price forecast Firm Name 2025 2026 Changelly $157.71 $244.91 DigitalCoinPrice $339.32 $389.42 Cryptopolitan’s Solana (SOL) price prediction Our predictions show that SOL will achieve a high of $367.80 in 2025. In 2028, it will range between $643.68 and $757.91, with an average of $725.64. In 2031, it will range between $1,126.38 and $1,249.89, with an average of $1,200.50. Note that these predictions are not investment advice, and it is crucial to consider investing strategies and conduct your own research before making any decisions. Seek independent professional consultation or do your research. Solana (SOL) historic price sentiment Solana Price History Source: Coinmarketcap Solana was launched in April 2020 and has gained popularity over the last 18 months. Its price surged from $0.75 to a high of $214.96 in early September. Following NFT hype and growing demand in the DeFi community, the cryptocurrency Solana (SOL) price more than tripled during the summer of 2021. Solana (SOL) token became the fastest-growing cryptocurrency and is currently ranked fifth with a live market cap of nearly $66 billion. 2022 saw Solana leap to its all-time high of $260, but SOL failed to close the year anywhere near that high, as the price came crashing down to below $40 by June. The bearish markets were marked by high skepticism as trading volumes declined throughout the crypto markets. The price continued to trade below the $40 level until November 2023, when Solana gained momentum and started a bullish rally again to close the year at $101.84. In 2024, Solana (SOL) saw significant growth, with its price rising from $83.62 in January to a high of $202.87, fueled by its dominance in DeFi, NFTs, and decentralized exchanges. However, the price fluctuated through the year, retracing to $131 in September after struggling to maintain key levels. October brought a positive rebound as SOL rose from $152 to close at $167, but early November started bearish, with the price dipping to $160. However, Solana bounced back sharply and closed the month above the $230 mark. December, on the other hand, has observed a slow start as price volatility remains low. Solana’s (SOL) price rose significantly in January 2025 from below the $190 level to close the month above $210. However, the latter half of the month saw the price decline from the $230 mark, a trend that continued through February ending the month below $150. In March the price continued falling as the bears continued dominating the short to mid term markets ending the month below $125. In April the bearish rally has only continued as the price falls towards $100. However, the bulls bounced back in the middle of the month and ended the month around $150. In May the price continued to rise and ended the month above the $165 price level.
As Ethereum (ETH) gears up for what analysts expect to be a robust Q3, buoyed by increasing ETF inflows, another project is quietly emerging as a potential top cryptocurrency to watch: Mutuum Finance (MUTM) . The project has sold out more than 50% in phase 5 of its presale at a price of $0.03 today. MUTM has already managed to raise more than $11.3 million and attracted more than 12,600 investors to the project. While Ethereum remains a staple in most crypto investment portfolios, recent spikes in retail demand suggest that Mutuum Finance could deliver a more aggressive ROI in the near term, especially for those looking at what crypto to invest in for 2025 and beyond. Ethereum Holds Steady Around $2,415 Amid Q3 Optimism Ethereum (ETH) is priced at about $2,415 recording minimal movement as compared to the price it was yesterday $2,417. Although there has been a slight retracement of its previous highs of over $2,550, the token is still in a closely-defined range with technical support lying between $2,370 and $2,500. Market players are watching the Q3 tendencies, which have been strong during the last several years, with Q3 average increases of around 60% in the past, but the recent bullish setups have been supporting the potential upside by the end of the month to around $2600 to $2650. Moreover, ETFs concentrating on Ethereum have drawn in more than 812 million dollars in inflows in the longest run of 2025. With ETH getting established in this crunch quarter, Mutuum Finance (MUTM) is gaining traction in the retail sector. Investor Participation Grows in Stage 5 of Mutuum Finance Presale Mutuum Finance (MUTM) is picking up some serious traction as it reaches Stage 5 of its presale. With more than 12,600 early adopters and more than $11.3 million raised, Mutuum Finance is taking big steps as a key player in the DeFi. USD-Pegged Token on Ethereum and $50K Bounty Mutuum Finance in its strategic moves to build more on its DeFi platform is launching a fully collateralized USD-backed stablecoin on the Ethereum network. In contrast to very risky algorithmic stablecoins, this cryptocurrency is designed to maintain its worth even during market volatility. The project is all about security and integrity. Mutuum Finance platform is also already verifiably audited by CertiK, which once again proves the team focus on transparency, reliability, and sustainability. Mutuum Finance has also introduced Bug Bounty Program with CertiK, where it is ready to give out the rewards of 50,000 USDT to bring convenience to the intended audience. The bounty is split into four categories, such as the critical, major, minor, and low. This will equate all the tiers of vulnerability and reward it. Exclusive Benefits for Backers To celebrate the presale action and express gratitude to early adopters, Mutuum Finance (MUTM) is offering a $100,000 giveaway . Ten of these winners will receive $10,000 in MUTM tokens for being one of the early backers of the project. While the community expands rapidly, the early supporters are being rewarded, not only with the possibility of future upside, but with concrete, real-time rewards. Mutuum Finance (MUTM) has already raised $11.3 million+ and drawn in over 12,600 early investors, proving its growing momentum in the DeFi space. At a $0.03 entry price in Phase 5, investors are eyeing 100% ROI upon listing, far outpacing short-term Ethereum gains. Backed by a CertiK audit, a $50K bug bounty, and a stablecoin launch, MUTM is built for scale. Secure your tokens now before the next price jump hits. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Spanish authorities, supported by Europol and law enforcement from Estonia, France, and the United States, have dismantled a major cryptocurrency investment fraud network responsible for laundering €460 million, worth almost $540 million, stolen from over 5,000 victims across the world. On June 25th, the Guardia Civil arrested five individuals, three on the Canary Islands and two in Madrid, and conducted five targeted searches across these locations. The Crackdown Europol joined the investigation in 2023, when its financial crime team was delivering operational backing, coordination, and strategic assessments. According to the official press release , the law enforcement agency deployed a crypto specialist to Spain on the action day to support local investigators. The arrests and seizures represent a significant disruption to the group’s operations, which had impacted victims across Europe, Asia, and the Americas. At the heart of this criminal enterprise was a complex international network designed to attract and defraud investors under the guise of profitable crypto investment opportunities. The scheme operated through a wide-reaching sales structure, which involved globally positioned associates who were tasked with soliciting investments via phone calls, emails, and social media platforms. These individuals persuaded victims to transfer funds through a mixture of cash withdrawals, bank transfers, and cryptocurrency transactions. Investigators believe that the leaders of the organisation directed this operation with meticulous coordination, by using front companies and proxy representatives to maintain the illusion of legitimacy while funnelling stolen assets into accounts controlled by the network. To manage and obscure the movement of stolen funds, the criminal network established a complex banking and corporate infrastructure based in Hong Kong, and allegedly leveraged payment gateways and user accounts registered under false identities across multiple cryptocurrency exchanges. In a statement, Europol said, “Online fraud is an epidemic affecting EU citizens, businesses and public institutions alike. The scale, variety, sophistication and reach of online fraud schemes is unprecedented. Europol expects online fraud to outpace other types of serious and organised crime as it is being accelerated by AI, aiding social engineering and access to data.” Criminal Use of Bitcoin, Monero, and Stablecoins in Fraud Europol had previously reported that Bitcoin remains the top choice for criminals, particularly ransomware groups, due to its accessibility. However, privacy-focused Monero was also seeing growing adoption among criminals who sought greater anonymity. The agency also highlighted investment frauds using Tether (USDT) on Tron for low-fee transactions. It also noted increased use of encrypted messaging apps and underground banking for cash-to-crypto exchanges, which complicated law enforcement efforts due to privacy laws and offshore service providers. The post Europol Busts $540 Million Crypto Fraud Network That Scammed 5,000 Victims Globally appeared first on CryptoPotato .
Solana (SOL) has surged past the $149 resistance level following a classic Cup & Handle breakout, signaling strong bullish momentum as ETF approval looms. Technical indicators such as the MACD
Lingerie Fighting Championships started to seriously consider Bitcoin as a treasury asset following GameStop's recent buy.