The Oval Office experiences unusual tensions affecting cryptocurrency markets. Experts provide varied predictions for Bitcoin's future amidst ongoing conflicts. Continue Reading: Market Trends Reveal Bitcoin’s Uncertain Path as Experts Weigh In The post Market Trends Reveal Bitcoin’s Uncertain Path as Experts Weigh In appeared first on COINTURK NEWS .
Solana’s price has recently shown resilience, reaching a pivotal juncture at $125, as anticipation builds around its upcoming futures launch. The announcement of Solana futures by the CME could be
Olumide Osunkoya has been sentenced to four years in prison for illegally operating cryptocurrency automated teller machines in the United Kingdom. The 46-year-old faced charges related to running crypto ATMs through his company, GidiPlus, with machines installed at multiple locations across the UK. According to authorities, Osunkoya set up a £2.5 million ($3.2 million) crypto ATM business despite being denied registration by the Financial Conduct Authority. The FCA filed charges against him in early September 2024, and he pleaded guilty to six counts on September 30, 2024. On Feb. 28, the court convicted him of unregistered crypto activity, forgery, possession and use of false identity documents, and criminal property possession. You might also like: UK gov introduces bill to recover proceeds of crypto crime Court documents revealed that Osunkoya operated his unregistered crypto business between December 2021 and March 2022. The FCA noted that he made significant profits, charging markup fees between 30% and 60% on transactions. “Your decision to continue to operate illegally was an act of deliberate and calculated defiance to the regulator,” His Honour Judge Perrins said during sentencing. The judge further noted that Osunkoya went to “great lengths to create a false identity,” making his case more than a mere regulatory breach. “This is the UK’s first criminal sentencing for unregistered crypto activity and sends a clear message: those who flout our rules, seek to evade detection and engage in criminal activity will face serious consequences,” said Therese Chambers, executive director of enforcement at the FCA. Osunkoya’s guilty sentence comes as the FCA looks to intensify its crackdown on illegal crypto related operations and services. The financial markets watchdog mandates all providers seeking to offer digital asset services and products in the country to register. FCA also requires that providers adhere to anti-money laundering guidelines and checks, a fact the agency says the crypto ATM provider failed to comply with. Per the markets regulator, its crackdown on illegal crypto teller machines saw the number of UK crypto ATM locations on CoinATMRadar fall from 80 in 2022 to zero in 2024. Details on the CoinATMRadar website shows there are currently over 37,200 crypto ATMs in 69 countries. Most of these machines are installed in the United States, which has over 29,700 locations. You might also like: Bitcoin ATMs see 6% growth in 2024 amid renewed crypto interest
The post HBAR Poised for 20% Rally, Chart Flashing Buy Signal appeared first on Coinpedia Fintech News Amid the ongoing bearish market sentiment, HBAR, the native token of Hedera, is poised for an impressive rally as it has broken out of a bullish price action pattern. On February 28, 2025, following the opening bell of the U.S. market, most assets began experiencing a price rebound. HBAR Bullish Breakout HBAR has witnessed an upside momentum of 7.5%, and with this price surge, the asset has reached a crucial resistance level of $0.20 and is poised for a breakout. Currently, HBAR is trading near $0.21 and has gained over 6.5% in the past 24 hours. During the same period, its upside momentum has driven a surge in trader and investor participation, resulting in a 70% jump in trading volume. HBAR Technical Analysis and Upcoming Level According to expert technical analysis, HBAR appears bullish as it has broken out of a bullish double-bottom price action pattern formed on the four-hour timeframe. Based on historical price momentum, if the altcoin closes a four-hour candle above the $0.21 level, there is a strong possibility it could soar by 20% to reach $0.25 in the coming days. Source: Trading View Bullish On-Chain Metrics Following the breakout, sentiment appears to be shifting toward the positive side. Traders are betting on the bullish side, while investors are accumulating tokens, as reported by the on-chain analytics firm Coinglass . Data from spot inflow/outflow reveals that exchanges have witnessed an outflow of $2.50 million worth of HBAR in the past 24 hours, indicating potential accumulation, which could drive buying pressure and an upside rally. Source: Coinglass In addition to the bullish outlook of investors and long-term holders, intraday traders also seem to be increasing their bets on the bullish side, with bulls currently dominating the asset. At press time, traders betting on the long side are over-leveraged at $0.1999, where they have built $3.10 million worth of long positions. Meanwhile, $2.18 is another over-leveraged level where traders betting on the short side have built $1.34 million worth of short positions. Source: Coinglass Combining these on-chain metrics with technical analysis, it appears that bulls are currently in control, and HBAR could soon skyrocket.
XRP is showing early signs of a rebound as it gains momentum, while Cardano (ADA) struggles with steep losses. XRP whales are now making bold moves as market sentiment shifts, fueling optimism around its price action. Meanwhile, Rollblock’s viral GameFi presale has captured investors' attention, attracting major bids from XRP and Cardano holders eager to capitalize on its rising potential. XRP Whales Show Interest in Rollblock (RBLK) Amid Market Downturn Rollblock (RBLK) is transforming the Web3 gaming industry using blockchain technology. The project has already secured over $10.7 million in presale inflows, proving strong investor confidence in its capability to disrupt the $500 billion online gaming industry. The explosive growth has contributed to a surge in new user signups, deposits, and wagered bids. With a massive selection of over 7,000 classic games, including poker, blackjack, and slot machines, Rollblock offers a next-level gaming experience. Its innovative sports prediction league further expands its appeal, setting a new benchmark for blockchain-powered gaming platforms. Transparency and security distinguish Rollblock from traditional online gaming platforms. Every bid and payout is encrypted and recorded on the Ethereum blockchain, eliminating any possibility of manipulation and ensuring fairness for all players. The RBLK token features a deflationary revenue-sharing model designed to maximize investor returns. Rollblock dedicates up to 30% of its revenue to RBLK buybacks, permanently burning 60% of these tokens to reduce the circulating supply. The remaining 40% funds staking rewards, offering long-term holders returns of up to 30% APY. This structure not only strengthens long-term price appreciation but also rewards dedicated investors. Stage 10 tokens are selling fast at $0.06, and major exchange listings are just around the corner. The excitement surrounding Rollblock is at an all-time high, creating a prime opportunity for investors. A limited-time 50% bonus on all RBLK purchases before March makes now the perfect time to secure an early position before prices climb higher. XRP’s Unexpected Price Shift After Latest Upgrade to XRP Ledger XRP's market pattern has shown unexpected shifts, disregarding its traditional price movement patterns and generating unpredictable prospects for its future. EGRAR CRYPTO on X discussed an ascending triangle pattern on the XRP chart, which usually leads to upward price movements in 70% of similar situations. However, XRP disrupted market expectations this time by charting downward instead of maintaining its anticipated pattern, demonstrating current market volatility. Crypto analyst Ali Martinez has identified that XRP whales conducted a 370 million token sale in 96 hours . The large-scale selling activities have intensified market pressure, contributing to XRP's recent price deterioration. XRP sells at $2.2, with a 0.73% upward shift in the last 24 hours. The token has experienced a 17.29% drop in value over the past seven days. Despite market uncertainty, the token maintains a high daily trading volume of $6 billion. Source: TradingView Meanwhile, Ripple reached a significant partnership arrangement with Korean custody company BDACS. BDACS collaboration advances the Financial Services Commission’s (FSC) evolving regulations, which target institutional investors to participate in Korea’s digital asset market. The partnership creates opportunities to increase XRP’s usage as it strengthens its role in the developing digital finance industry. Analyst Predicts a 2,757% Surge for Cardano (ADA) Cardano is trading at $0.77 , up 1.18% in the last 24 hours. The token has experienced considerable losses, with a 14.46% drop during the past week and a 30% decline over the previous month. Cardano remains below $1, but investors maintain positive outlooks regarding its future performance. Source: TradingView Crypto analyst Sssebi made a bold forecast this month, predicting a massive 2,757% rally that could propel Cardano to $20. He outlined some key factors that could drive this surge. One of the biggest drivers for Cardano is the potential merger with Bitcoin, which generated an intense reaction from the Cardano community. Sssebi predicts this partnership will yield substantial positive effects on ADA’s market value. More importantly, the SEC’s potential decision to approve a Cardano ETF remains another significant driver of ADA's future market value. If approved, the ETF could activate institutional demand for the altcoin, and ADA could experience a major price rise. Sssebi also identified a potential strategic relationship between Cardano and Microsoft as one of the major elements driving ADA's future market growth. Cardano founder Charles Hoskinson indicated a possible Cardano-Microsoft collaboration during his February 10 YouTube live broadcast. The proposed partnership between the companies can potentially deliver additional value to the ADA token price. Other analysts, including TapTools , share a similarly bullish outlook on ADA. TapTools predicts that Cardano is on track to retest its all-time high of $3, with a new record high within reach. With multiple bullish factors aligning, the future of Cardano looks increasingly promising. Rollblock (RBLK) Emerges as the Top Investment Pick of 2025 XRP and Cardano are still struggling to regain stability after a rough start to the year. In contrast, Rollblock (RBLK) is emerging as one of the best investment opportunities in 2025. Its presale has seen massive adoption with over $10.7 million raised and RBLK has surged by over 450%. This rapid growth gives it a clear edge over slower-moving assets in the market, and projections show RBLK will hit over 100x post-launch. Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
CME Group, the world’s largest derivatives exchange, will introduce cash-settled solana (SOL) futures on March 17, 2025, pending regulatory approval, offering micro (25 SOL) and standard (500 SOL) contracts to cater to retail and institutional traders. CME Group Aims to Launch Solana Futures, Pending Regulatory Approval CME said futures contracts will be based on the
CME Group, the world's largest derivatives marketplace, announced plans to launch Solana (SOL) futures contracts on March 17, 2025, pending regulatory approval by the U.S. Commodity Futures Trading Commission (CFTC). The introduction of SOL futures expands CME Group's cryptocurrency derivatives offerings, which currently include Bitcoin and Ethereum futures. The new Solana futures will be cash-settled and available in two contract sizes: standard contracts of 500 SOL and micro contracts of 25 SOL. This will provide market participants with increased flexibility to hedge and manage risk associated with the price volatility of Solana's native cryptocurrency. Industry analysts view the addition of Solana futures as a significant step toward broader institutional adoption of Solana. The move may also enhance prospects for the approval of Solana-based exchange-traded funds (ETFs) in the future, aligning with the growing interest in diversified cryptocurrency investment products. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Solana price may have bottomed at $125, but large SOL token locks starting on March 1 will be the deciding factor.
TL;DR Ronaldinho alerted the crypto community about fake meme coins using his name, denying any official token launch. The football icon’s past alleged involvement in the “18kRonaldinho” crypto scam, which supposedly defrauded investors of over $60 million, adds skepticism to his latest announcement. ‘Keep an Eye for Fake Meme Coins’ The meme coin sector has been one of the highlights of the last bull cycle in the cryptocurrency market. Contrary to their potential to chart impressive gains in a short period of time , though, these assets remain quite dangerous due to their dubious use cases and enhanced volatility. Interestingly, the latest warning on the matter came from the Brazilian football icon Ronaldo de Assis Moreira (better known as Ronaldinho). He used his official X account to alert people about fake meme coins with his name. The Ballon d’Or winner for 2005 claimed that he hasn’t launched any official tokens. At the same time, though, he hyped the community with incoming “big news:” “For the entire crypto community: stay tuned because very soon we will have big news here!” His disclosure triggered mixed reactions from some well-known names in the industry. The popular analyst Michael van de Poppe suggested that the “big news” could be that Ronalndinho had purchased Bitcoin (BTC) instead of introducing his own meme coin. Others assumed that the former football player would launch a disputable, extremely centralized project that would eventually scam millions of people. The crypto community has witnessed the birth of countless celebrity-endorsed meme coins in the past several months, many of which have disappointed investors sooner or later. Some examples include Official Trump (TRUMP), Daddy Tate (DADDY), Mother Iggy (MOTHER), and others. Ronaldinho’s Previous Crypto Affairs The Brazilian is not a newbie in the cryptocurrency industry , jumping on the bandwagon approximately three years ago. Back then, he shook hands with Graph Blockchain’s subsidiary, New World Inc., to become an ambassador of the organization and introduce NFT experiences to his numerous fans. A year later, the Brazilian authorities launched an investigation against Ronaldinho for his alleged involvement in a crypto scam called “18kRonaldinho” that pocketed over $60 million from victims. The football legend denied any partnership with the entity, claiming his image was used without authorization. He maintained that he was also a victim of the scheme. The post This Football Legend Issues a Critical Warning Regarding Fake Meme Coins: Details appeared first on CryptoPotato .
According to some analysts, the cryptocurrency market is expected to recover in March as macroeconomic conditions show signs of improvement. Bitcoin prices have seen a recovery amid the recent release of Personal Consumption Expenditures (PCE) data, fueling optimism that the broader economic environment will ease next month. Julien Bittel, director of macro research at Global Macro Investor, highlighted the role of financial conditions in shaping market trends: “When financial conditions tighten, liquidity decreases and economic surprises start to slow down. But the panic that has gripped the market will not last long. A reversal is likely next month.” Over the past two months, key financial indicators have shifted in favor of riskier assets. The U.S. dollar has weakened, bond yields have fallen, and oil prices have fallen, all of which have set the stage for a potential rally in the cryptocurrency market. Financial conditions are a leading indicator, Bittel said, suggesting the worst may already be priced in. Related News: Bitcoin Dominance Peaks: What Does It Mean for Altcoin Season? “There’s a lot of noise in the market right now, conflicting news everywhere,” Bittel said. “Everything that’s happening, especially in crypto, is due to the financial tightening in the last quarter of 2024. This has led to liquidity shortages and increased concerns about a potential recession. However, financial conditions are easing rapidly and this should translate into better economic data soon.” Bitcoin, which recently dropped to around $80,000, appears to have fully absorbed the impact of the financial tightening, according to Bittel. While further downside risk is possible, he noted that sentiment is already extremely bearish, with Bitcoin’s Relative Strength Index (RSI) at its most oversold level since August 23, 2023. *This is not investment advice. Continue Reading: What Will March Look Like for Bitcoin? Analyst Says “The Worst is Behind Us”, Shares Expectations