In its 2024 annual report, the FBI’s Internet Crime Complaint Center (IC3) revealed a sharp rise in the number and severity of cryptocurrency-related fraud cases. Over the course of the year, the IC3 recorded over 140,000 complaints linked to cryptocurrency, which led to staggering financial losses of $9.3 billion. Alarming Trend A significant portion of these losses came from individuals aged 60 and above, who filed roughly 33,000 complaints and suffered a combined total of $2.8 billion in losses. This age group also saw the largest increase in both reported complaints and financial harm. The IC3’s report also noted a dramatic year-over-year increase in losses – 66% higher than in 2023, when total losses amounted to $5.6 billion. Investment scams involving cryptocurrency were the primary source of these losses, but the report also highlighted other schemes such as sextortion, where criminals manipulate personal content to coerce victims into sending money, and fraud involving crypto ATMs. Additionally, ransomware attacks, which had been a recurring issue, showed a 9% rise in 2024, thereby posing a growing threat to critical infrastructure. Overall, fraud and crypto scams were the most significant contributors to the rise in reported cybercrimes, with older individuals particularly vulnerable to these high-stakes digital fraud schemes. On the other hand, pig butchering scams, which were once mainly targeted at older adults, are now increasingly affecting younger individuals, particularly those aged 30 to 49. A recent study by Cyvers examined 150 major crypto platforms, revealing over 200,000 scam incidents and $5.5 billion in losses in 2024. The research focused on Ethereum-based scams and uncovered significant fraud across various platforms, including major exchanges, a crypto-friendly bank, and institutional trading platforms. The scale of impact varied, but the trend is clear: younger people are becoming the prime victims. Operation Level Up ‘Operation Level Up’ was thus initiated with the assistance of FBI agents and the US Secret Service to address the growing issue of cryptocurrency investment fraud. Pig butchering involves fraudsters building online relationships with victims and convincing them to invest in a fraudulent cryptocurrency platform. As a result of this operation, a total of 4,323 individuals affected by cryptocurrency investment fraud were informed of the scam. Of these victims, 76% were unaware they had fallen victim to fraud. The estimated financial savings for these victims amounted to $285.6 million. Additionally, 42 victims were referred to an FBI victim specialist for support regarding potential suicidal thoughts. The post Older Americans Hit Hard by Crypto Scams, FBI’s IC3 Reports $2.8 Billion Losses appeared first on CryptoPotato .
Today in crypto, Trump says federal income taxes will be greatly reduced or eliminated, Adam back said Strategy and other Bitcoin treasury firms are some of the earliest bettors on Hyperbitcoinization, which may see Bitcoin’s market cap soar to above $200 trillion, and US Securities and Exchange Commission (SEC) crypto task force head Hester Peirce said crypto in the US is like a game of “the floor is lava.” Trump says federal income taxes will be “substantially reduced” or eliminated United States President Trump recently said federal income taxes would be "substantially reduced" or eliminated altogether once the proposed trade tariffs take full effect. The US President said that the accompanying tax reduction will focus on those earning less than $200,000 per year. "It will be a bonanza for America. The External Revenue Service is happening," Trump wrote in an April 27 Truth Social post . Source: Donald Trump President Trump previously floated the idea of eliminating the federal income tax collected by the Internal Revenue Service (IRS) and replacing revenues from income taxes with tariffs collected on imported goods. The US President's April 27 Truth Social post revealed the first concrete details of the proposed plan since Trump and members of his cabinet began touting comprehensive tax reform in October 2024. Bitcoin treasury firms driving $200 trillion hyperbitcoinization — Adam Back Investment firms with Bitcoin-focused treasuries are front-running global Bitcoin adoption , which may see the world’s first cryptocurrency soar to a $200 trillion market capitalization in the coming decade. Institutions and governments worldwide are starting to recognize the unique monetary properties of Bitcoin ( BTC ), according to Adam Back, co-founder and CEO of Blockstream and the inventor of Hashcash. “$MSTR and other treasury companies are an arbitrage of the dislocation between the bitcoin future and todays fiat world,” Back wrote in an April 26 X post. “A sustainable and scalable $100-$200 trillion trade front-running hyperbitcoinization. scalable enough for most big listed companies to move to btc treasury,” he added. Hyperbitcoinization refers to the theoretical future where Bitcoin soars to become the largest global currency, replacing fiat money due to its inflationary economics and growing distrust in the legacy financial system. Source: Adam Back Bitcoin’s price outpacing fiat money inflation remains the main driver of global hyperbitcoinization, Back said, adding: “Some people think treasury strategy is a temporary glitch. i’m saying no it's a logical and sustainable arbitrage. but not for ever, the driver is bitcoin price going up over 4 year periods faster than interest and inflation.” US crypto rules like “floor is lava” game without lights — Hester Peirce SEC Commissioner and head of the crypto task force , Hester Peirce, says US financial firms are navigating crypto in a way that’s similar to playing the children’s game “the floor is lava,” but in the dark. “It is time that we find a way to end this game. We need to turn on the lights and build some walkways over the lava pit,” Peirce said at the SEC “Know Your Custodian” roundtable event on April 25. Peirce explained that SEC registrants are forced to approach crypto-related activities like “the floor is lava,” where the aim is to jump from one piece of furniture to the next without touching the ground, except here, touching crypto directly is the lava. “A D.C. version of this game is our regulatory approach to crypto assets, and crypto asset custody in particular,” she said. Peirce said that, much like in the game, firms wanting to engage with crypto must avoid directly holding it due to unclear regulatory rules. “To engage in crypto-related activities, SEC-registrants have had to hop from one poorly illuminated regulatory space to the next, all while ensuring that they never touch any crypto asset,” Peirce said.
Bitcoin’s impressive rebound this week signals potential growth for altcoins like SUI, AVAX, TRUMP, and TAO, as market sentiment tilts bullish. With BTC’s performance suggesting a broader revival in cryptocurrency
XRP maintains momentum above $2.20, supported by ETF developments. Rising transaction volumes indicate increased user activity on the XRPLedger. Continue Reading: Investors Brace for XRP Price Surge as Demand Grows The post Investors Brace for XRP Price Surge as Demand Grows appeared first on COINTURK NEWS .
Every crypto cycle brings a new wave of opportunities—and a new batch of investors asking the same question: What’s next? While Bitcoin and Solana are prime examples of how small, early investments can multiply into life-changing returns, today’s spotlight is shifting to a new name: MAGACOINFINANCE.COM . This token isn’t promising overnight riches—but what it is offering is the combination of timing, structure, and momentum that defined the earliest days of both Bitcoin and Solana. That’s why early adopters are watching closely. MAGACOINFINANCE Is Gaining the Kind of Early-Stage Traction That Matters What makes a project stand out in its first phase? Consistent delivery, growing wallet activity, and conversations that go beyond the hype. That’s exactly what MAGACOINFINANCE is doing—and why it’s earning a spot on investor shortlists across the board. The token isn’t just climbing—it’s gaining credibility. Community channels are growing by the hour. Early holders are sticking around, not selling. And its roadmap is being checked off in real-time. It’s the kind of build-up that looks eerily similar to the patterns Bitcoin and Solana showed before they took off. Notable Competitors Still in the Mix: Uniswap, Polkadot, Bitcoin, and Litecoin Uniswap remains dominant in decentralized trading, with unmatched liquidity and smart contract simplicity. But its market cap suggests its biggest run may already be behind it. Polkadot is still pushing boundaries in blockchain interoperability, and its parachain system is driving useful experimentation—but it’s a maturing network. Bitcoin , of course, still leads the market. But at its current stage, it’s a store of value, not a surprise mover. Litecoin continues to be a reliable transactional coin, with low fees and broad integration. However, it’s largely seen as stable rather than explosive. Meanwhile, MAGACOINFINANCE still lives in the discovery zone—and that’s where the most growth often hides. Final Word Can MAGACOINFINANCE.COM turn a small investment into millions? Time will tell—but the elements are all there: strong launch, growing trust, and market timing that feels exactly right. Bitcoin and Solana proved that the early mover gets the biggest reward. The next one could already be here. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance The post Can Bitcoin Turn Small Bets Into Millions Like MAGACOINFINANCE.COM and Solana? appeared first on TheCoinrise.com .
In the current market, price isn’t everything—but for smart investors, finding a low-cost cryptocurrency with strong fundamentals and real momentum can make all the difference. That’s exactly where Mutuum Finance (MUTM) stands out. Still priced at just $0.025, this DeFi project is starting to generate serious attention, and analysts are now pointing to a possible 2,000% return as its utility rolls out and adoption scales. With most new tokens offering hype but no real backing, MUTM is doing the opposite—quietly building an ecosystem that makes decentralized finance more accessible, more flexible, and more rewarding for everyone involved. Mutuum Finance (MUTM) Low-cap crypto assets often get overlooked—but when utility meets timing, they tend to outperform. Mutuum Finance is still in its presale phase, yet it has already attracted nearly 9,000 participants and raised over $7 million. More than 420 million tokens have been sold to date, and momentum is building fast as the current pricing window begins to narrow. Every new presale phase increases the token price, and many investors are stepping in now to lock in their allocation before the next jump to $0.03. At the heart of Mutuum’s architecture is a decentralized lending and borrowing protocol. Users who deposit crypto assets into the system receive mtTokens, which represent their deposits and grow in value over time by accruing interest. These tokens can be held, transferred, or used within other decentralized applications, making them more than just placeholders—they’re active earning tools. On the borrowing side, the system is designed to protect both users and the protocol itself. Borrowers must provide more collateral than the loan value, following a strict Loan-to-Value (LTV) threshold. This model ensures long-term sustainability and positions Mutuum as a protocol with structure, not guesswork. One of the standout features for long-term holders is the platform’s revenue alignment model. Instead of constantly issuing new tokens to reward users, Mutuum channels a portion of its revenue back into buying MUTM directly from the market. These tokens are then redistributed to ecosystem participants—especially mtToken holders, who are rewarded for their involvement. This system not only avoids the pitfalls of inflationary emissions, but also creates sustained demand over time—a key driver in token appreciation and yield generation. At the current rate of $0.025 per token, a $1,000 investment would grant access to 40,000 MUTM tokens. When forecasts come to fruition and MUTM climbs to $0.50, that position would be worth $20,000—a 20x increase. Stretch that further toward the projected 2,000% growth, and the potential multiplies even more. This isn’t just a numbers game; it’s a strategy. With real utility, strong community growth, and protocol revenue working behind the scenes, this token has ingredients many established cryptocurrencies are still missing. The team behind Mutuum has already announced that a beta version of the platform will be released around the time of token launch, giving users an immediate opportunity to engage with its features. Additionally, the platform’s overcollateralized stablecoin is in development, allowing users to borrow against their assets without needing to sell them—adding another layer of usability and flexibility. Once live, MUTM is expected to be listed on multiple exchanges, opening the door to broader access and significantly increasing its exposure across the crypto market. Mutuum Finance is doing what many low-priced tokens don’t—it’s delivering structure, smart mechanics, and meaningful growth potential. For those looking into the best crypto to invest in for long-term gains, MUTM is emerging as a strong candidate. At just a fraction of a dollar, with strong utility, passive income mechanisms, and a clear path forward, it represents more than just another presale. It’s a project with real legs—and the potential to change portfolios in the months ahead. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Key points: Bitcoin booked a 10% gain in the past week and technical indicators remain bullish going into a new week. Analysts expect Bitcoin to gain an additional 40% by the end of the year Select altcoins are showing a positive bias on improving crypto sentiment. Bitcoin ( BTC ) rose more than 10% this week as buyers made a strong comeback, pushing the price to the overhead resistance at $95,000. Although buyers are struggling to clear the overhead hurdle, a positive sign is that they have not given up much ground to the bears. The sharp up move is backed by solid buying in the US spot Bitcoin exchange-traded funds (ETFs), which witnessed inflows of $3.06 billion , according to Farside Investors data. Bloomberg ETF analyst Eric Balchunas said in a post on X that it was really notable to see “HOW FAST the flows can go from 1st gear to 5th gear.” Crypto market data daily view. Source: Coin360 After Bitcoin’s recovery, 21st Capital co-founder Sina said in a post on X that Bitcoin reclaimed the power-law price. Sina’s Bitcoin Quantile Model projects Bitcoin to reach between $130,000 and $163,000 before the end of 2025. Anonymous Bitcoin analyst apsk32 had an even bigger target of more than $200,000 for Bitcoin in Q4 of this year. Could Bitcoin maintain its momentum and rise above the overhead resistance? Let’s study the charts of the cryptocurrencies that look strong in the near term. Bitcoin price prediction Bitcoin has been witnessing a tough battle between the bulls and the bears near the crucial $95,000 level. BTC/USDT daily chart. Source: Cointelegraph/TradingView The upsloping 20-day exponential moving average ($88,619) and the relative strength index (RSI) near the overbought zone indicate that bulls are in command. A close above $95,000 could propel the BTC/USDT pair to $100,000 and eventually to $107,000. Sellers are expected to aggressively defend the zone between $107,000 and $109,588. The 20-day EMA is the critical near-term support to watch out for because a break below it brings the large $95,000 to $73,777 range into play. BTC/USDT 4-hour chart. Source: Cointelegraph/TradingView The 4-hour chart shows the bears are fiercely defending the $95,000 level but are struggling to sink the pair below the 20-EMA. If the price rebounds off the 20-EMA, it enhances the prospects of a break above $95,000. The pair could then surge to $100,000. Instead, if the price maintains below the 20-EMA, the pair could tumble to the 50-simple moving average. This is an important level for the bulls to defend because a break below it could pull the pair to $86,000. Sui price prediction Sui ( SUI ) has been facing resistance near $3.90, but the shallow pullback suggests that the bulls are in no hurry to dump their positions. SUI/USDT daily chart. Source: Cointelegraph/TradingView If the price stays above the 38.2% Fibonacci retracement level of $3.14, the bulls will make another attempt to shove the SUI/USDT pair above $3.90. If they can pull it off, the pair may skyrocket to $4.25 and then to $5. Contrary to this assumption, if the price turns down and breaks below $3.14, it signals the start of a deeper correction toward the 50% retracement level of $2.94. Buyers are expected to fiercely defend the zone between $2.94 and the 20-day EMA ($2.69). SUI/USDT 4-hour chart. Source: Cointelegraph/TradingView The 4-hour chart shows that the pair is finding support at the 20-EMA, but the sellers are active at higher levels. The bears will again attempt to sink the pair below the 20-EMA. If they succeed, the pair could slump to $3.14. Buyers will have to swiftly push the price above the $3.81 to $3.90 overhead resistance zone if they want to retain the advantage. If they do that, the pair could start the next leg of the up move to $4.25. Avalanche price prediction Avalanche ( AVAX ) has been range-bound between $23.50 and $15.27 for the past few days. In a range, traders usually buy near the support and sell close to the resistance. AVAX/USDT daily chart. Source: Cointelegraph/TradingView Although buyers have failed to push the price above $23.50, a positive sign is that they have not ceded much ground to the bears. That increases the likelihood of a break above $23.50. If that happens, the AVAX/USDT pair will complete a double-bottom pattern, which has a target objective of $31.73. This optimistic view will be negated in the near term if the price turns down and breaks below the moving averages. The pair may then remain stuck inside the range for a few more days. AVAX/USDT 4-hour chart. Source: Cointelegraph/TradingView The pair has been consolidating in a narrow range between $21.60 and $23.10 for some time. That suggests the bulls are holding on to their positions as they anticipate another leg higher. If buyers propel the price above $23.10, the pair could surge to $25. There is resistance at $23.50, but it is likely to be crossed. Alternatively, a drop below $21.60 signals that the bulls have given up. That may pull the price down to $19.50. Related: Bitcoin trades at ‘40% discount’ as spot BTC ETF buying soars to $3B in one week Official Trump price prediction Official Trump (TRUMP) surged above the $12.45 resistance on April 23 and held the retest of the breakout level on April 24. TRUMP/USDT daily chart. Source: Cointelegraph/TradingView A rally above $16 is attracting sellers, but a shallow pullback suggests that every minor dip is being purchased. If buyers drive the price above $16, the TRUMP/USDT pair may reach $17.69, where the bears are expected to mount a strong defense. However, if buyers bulldoze their way through, the pair could skyrocket to $19.60 and then to $22.40. Conversely, a deeper pullback suggests that the short-term bulls are booking profits. The zone between $11.56 and $12.45 is expected to act as a solid support. If the price rebounds off the support zone, the pair may swing between $11.56 and $16 for some time. Selling could accelerate if the pair breaks below the 20-day EMA ($10.73). TRUMP/USDT 4-hour chart. Source: Cointelegraph/TradingView The pair turned down from $16 but is finding support near the 20-EMA on the 4-hour chart. That suggests the bulls are active at lower levels. Buyers will try to push the price above the $16 overhead resistance, starting the next leg of the uptrend. Contrarily, a break and close below the 20-EMA suggests that the bullish momentum has weakened. The pair may then slump to $14 and later to the solid support near $12. Sellers will be back in the driver’s seat on a drop below $11.50. Bittensor price prediction Bittensor ( TAO ) broke and closed above the downtrend line on April 20, suggesting that the bears are losing their grip. TAO/USDT daily chart. Source: Cointelegraph/TradingView The up move is facing resistance at $375, but the pullback is expected to find support at the 20-day EMA ($298). A solid bounce off the 20-day EMA signals a change in sentiment from selling on rallies to buying on dips. The bulls will then attempt to drive the TAO/USDT pair above $375. If they succeed, the next stop may be $495. Contrary to this assumption, if the price turns down and breaks below the downtrend line, it will indicate that the markets have rejected the breakout. The pair then risks falling to $222. TAO/USDT 4-hour chart. Source: Cointelegraph/TradingView The pullback is finding support at the 20-EMA on the 4-hour chart. Buyers will try to resume the up move by pushing the price above the $375 resistance. If they manage to do that, the pair could reach $425. Sellers are likely to have other plans. They will try to sink the price below the 20-EMA, opening the doors for a drop to the 50-SMA and later to the downtrend line. A break below the downtrend line tilts the advantage in favor of the bears. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
As Bitcoin’s supply dwindles, institutional players like Strategy are redefining market dynamics, impacting prices and investor access to this digital asset. The significant purchasing strategies employed by firms such as
Michael Saylor's Strategy is "synthetically halving Bitcoin" ( BTC ) by purchasing half or more of the newly minted supply from miners every single month, according to Adam Livingston, a BTC analyst and author of "The Bitcoin Age and The Great Harvest." Livingston said miners currently produce around 450 BTC per day or approximately 13,500 BTC per month, but Strategy acquired 379,800 BTC in the last six months. This translates to the firm purchasing roughly 2,087 BTC per day — far in excess of daily miner output. The author added: "When Bitcoin becomes this scarce, access to Bitcoin will require paying a premium. Lending against Bitcoin will cost more. Borrowing Bitcoin will become a luxury business reserved for nation-states and corporate whales, and Strategy will control the bottleneck." "BTC's global cost of capital will no longer be set by 'the market.' It will be set by the gravitational policies of the first Bitcoin superpower: Strategy," Livingston continued. The author's prediction of a Bitcoin supply crunch translates into much higher BTC prices if Strategy can continue its pace of BTC acquisitions while market demand for the supply-capped digital asset grows among institutional and retail investors. The Bitcoin miner reserve, a metric tracking the total amount of BTC held in miner wallets, continues to decline. Source: CryptoQuant Related: Michael Saylor hints at Bitcoin purchase as whales stack aggressively Institutions like Strategy are driving the world toward hyperbitcoinization Cypherpunk and Blockstream CEO Adam Back predicted that Strategy and other institutions that have adopted a Bitcoin corporate treasury plan will drive the market capitalization of BTC to $200 trillion . "Strategy and other treasury companies are an arbitrage of the dislocation between the Bitcoin future and today's fiat world," Back wrote in an April 26 X post . Critics of the company warn that the debt-based approach to BTC acquisition could sink Strategy financially if a prolonged BTC bear market takes effect and also warn of greater systemic risks to BTC from such a high concentration of the digital currency held by a single entity. An overview of Strategy’s Bitcoin investment performance. Source: Michael Saylor However, Bitcoin advocate and author Saifedean Ammous recently said that Strategy's concentration of BTC doesn't threaten the protocol . Ammous argued that institutions like BlackRock and Strategy holding high concentrations of BTC could not engineer a hard fork increasing Bitcoin's maximum supply, as it would massively devalue their holdings, which, at the end of the day, belong to shareholders with the power to divest. Magazine: Bitcoin in Senegal: Why is this African country using BTC?
Famous cryptocurrency analyst Michaël van de Poppe made important observations in his latest assessments of the altcoin market. Van de Poppe stated that altcoins are showing signs of recovery after a four-year historical bear market. According to the analyst, investor expectations have been seriously shaken over the past 3 months. However, current indicators show that the market is green. Van de Poppe said that many factors that move the markets come from outside the cryptocurrency sector. Van de Poppe stated that the increase in liquidity has a direct upward effect on Bitcoin. He said that as the money supply (M2) expands, the prices of rare assets like Bitcoin are expected to rise. The analyst stated that China has started quantitative easing (QE), Europe has lowered interest rates and the US is preparing to increase the money supply with interest rate cuts, and that these steps create a strong driving force for risky assets. Related News: SEC Approves Highly Anticipated XRP ETF - Price Reacts - Not Yet Approved Spot ETF on the Horizon Now According to Van de Poppe, the peak in gold in the short term and the increase in risk appetite create a positive environment for Bitcoin and altcoins. The analyst stated that Bitcoin is supported by developments such as ETF approval and Donald Trump becoming the US President, and that these factors create a new wave of liquidity. Van de Poppe, who said that gold has outperformed the S&P 500 by 20% since 2022, argued that despite this, the markets are now starting to lose their upward momentum in gold. He predicted that the next 12-18 months could offer a strong performance for risky assets. Van de Poppe stated that the CNH/USD (Chinese Yuan/US Dollar) parity has a decisive effect on the altcoin market. Past data shows that major rallies begin in altcoin markets when the CNH/USD parity bottoms. Recalling the examples of 2016 and 2019, the analyst pointed out that the yuan has bottomed after the sharp declines experienced recently. He claimed that this development could open the door to a new period of rise in the altcoin market. Van de Poppe stated that macroeconomic factors have replaced the traditional four-year market cycle approach, and that liquidity and global economic conditions will now be more at the forefront. He stated that a serious revival could occur in altcoins as the Chinese Yuan strengthens and gold prices correct. *This is not investment advice. Continue Reading: Experienced Analyst Says “Bullish Reversal Has Begun in Altcoins” – Here’s Why