The U.S. Department of Justice (DOJ) says it has nearly recovered all the losses suffered by tens of thousands of investors in the largest Ponzi scheme in history. In a press release, the DOJ says that throughout the course of a decade, it has disbursed more than $4.3 billion to 40,930 victims of a fraud scheme led by Bernard L. Madoff. Madoff is known for running a Ponzi scheme for about 17 years that defrauded investors from 127 countries out of approximately $65 billion. The perpetrator convinced people to invest in his firm, Bernard L. Madoff Investment Securities LLC, by promising decent returns while maintaining a trustworthy persona. The scheme collapsed at the height of the 2008 Global Financial Crisis (GFC) when investors panicked and withdrew their funds en masse only to find out that their money was being used to pay other investors. In June 2009, Madoff was sentenced to 150 years in prison for “running the largest fraudulent scheme in history.” He died in a prison hospital in April of 2021 at 82 years old. The DOJ says it recovered about $2.6 billion through several civil forfeiture actions against Madoff, his brother Peter B. Madoff, his co-conspirators and his clients who benefitted from the scheme including investors Carl Shapiro and Jeffry Picower. The agency also collected $1.7 billion after banking titan JPMorgan Chase settled accusations that the firm failed “to carry out its legal obligations” while serving as Madoff’s primary bank. Says Acting U.S. Attorney Edward Y. Kim for the Southern District of New York, “This office has never stopped at pursuing justice for victims of history’s largest Ponzi scheme… We have succeeded in compensating 40,930 victims with close to 94% of their losses. As this extraordinary effort demonstrates, this office and MLARS (Money Laundering and Asset Recovery Section) are committed to protecting and assisting victims of crime, no matter how long it takes and no matter how complicated the endeavor.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram 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 U.S. Justice Department Hands $4,300,000,000 To 40,930 Victims of ‘History’s Largest Ponzi Scheme’ appeared first on The Daily Hodl .
Imagine investing in the next revolutionary tech—a "new ChatGPT" of the gaming world. That’s exactly what Altura ($ALU) represents. Just as ChatGPT transformed how we interact with AI in daily life, Altura is set to redefine gaming by harnessing the power of artificial intelligence and blockchain. With its cutting-edge tech and potential to change the gaming landscape, $ALU could be on the brink of a meteoric rise to $1. Here’s why Altura is attracting so much attention and why it could be your next big opportunity. What is Altura ($ALU)? Altura is like a "ChatGPT for gaming" because it brings smart, adaptive technology to the forefront. It’s a blockchain-based platform that enables game developers to create, distribute, and trade smart NFTs (non-fungible tokens). Unlike regular NFTs, smart NFTs can evolve based on game progress or specific conditions, making them ideal for video games. Imagine a virtual sword that becomes more powerful as your character levels up—that’s the kind of innovation Altura is bringing to gaming.The $ALU token powers this ecosystem, facilitating transactions, governance, and staking. Altura’s mission is to seamlessly blend blockchain technology with gaming, offering developers and players tools that revolutionize their experience. Why Altura is Bullish There are several compelling reasons why Altura has massive growth potential: 1. AI Integration Altura leverages artificial intelligence to create smarter, more dynamic in-game assets. This integration allows for more immersive and engaging gameplay. As AI continues to advance and become more integral to gaming, Altura’s capabilities will likely drive significant demand for the $ALU token. 2. Low Market Cap Currently, Altura has a relatively small market cap compared to other blockchain and gaming projects. This gives it substantial room for growth. Low-cap projects often experience higher returns when they gain traction, making Altura a high-potential investment. 3. Not Listed on Major Exchanges Yet Altura’s potential is further amplified by the fact that it’s not yet listed on major exchanges like Binance, Coinbase, or Kraken. These platforms boast a combined user base of over 300 million. Once $ALU gets listed, the increased visibility and trading accessibility could result in a significant price surge. Price Predictions for Altura Here are the key price targets for Altura based on market performance and project growth: - Base Target: With a market cap of $1.5 billion, Altura could reach approximately $1.52 per ALU. This is the lowest expected target and could be achieved even in a challenging market environment, thanks to Altura’s strong foundation and ongoing innovation. - Bullish Target: A $3 billion market cap would push $ALU to around $3.03 per token. This target is realistic given the growing excitement around AI, gaming, and blockchain, as well as favorable market conditions. Altura’s position in these thriving sectors makes it well-suited to achieve this milestone, especially during an altcoin rally. - Ultimate Ambition Target: During a cryptocurrency super cycle, Altura could hit a market cap of $5 billion to $10 billion, translating to $5.05 to $10.10 per $ALU. This would likely coincide with a broader market boom, where Bitcoin exceeds $240,000 and Ethereum surpasses $15,000. Altura’s innovative role in the AI and gaming sectors could drive unprecedented growth in such conditions. Final Thoughts Altura’s combination of AI-powered smart NFTs, a low market cap, and the potential for major exchange listings positions it as a promising project. While all investments carry risks, $ALU has the hallmarks of a game-changing opportunity in the gaming and blockchain space. If you’re looking for a high-potential project, Altura could be your next big move in crypto. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry inherent risks; always conduct your own research before making investment decisions.
A recent Polymarket poll shows 40% believe President-elect Trump might create a U.S. Bitcoin reserve, stirring debates on its role in national finances. With nearly 200,000 Bitcoins already held by the government, this move could boost the U.S.’s position in the global crypto market. The concept of a Bitcoin reserve in the United States has pulled the discussion out of the cryptocurrency community and into wider circles, mainly fueled by the latest news and speculation. Polymarket Poll of U.S. Bitcoin Reserve A recent Polymarket poll discovered that 40% of respondents believed President-elect Donald Trump is going to create a national Bitcoin reserve-that alone may be the impetus for a change in the United States toward digital assets. Polymarket is a decentralized prediction market. There, users can make guesses about real-world events by buying and selling shares. Current odds on the platform indicate that many people think the Trump administration might back Bitcoin as a strategic reserve asset. This guess is consistent with what Trump said about Bitcoin before and also has support in a positive attitude towards crypto within his administration. Proponents claim that the U.S. can gain a stronger position in the global cryptocurrency market and increase its financial plans by holding onto Bitcoin as a reserve asset. U.S. Bitcoin Reserve Under Trump Right now, the U.S. government has nearly 200,000 Bitcoins, worth billions, taken from various legal cases. Industry experts, like Alistair Milne from Altana Digital Currency Fund, suggest that even if Trump does not add more Bitcoin, he could create a “de facto” reserve just by not selling these assets. If the government keeps these Bitcoins, it will influence how much Bitcoin is available and help make its price more stable. Senator Cynthia Lummis recently proposed a bill that enables the government to purchase one million Bitcoins within five years. According to her, the reserve may help in paying off the country’s $36 trillion debt and making the U.S. dollar stronger. The idea of a national Bitcoin reserve brings along very massive challenges. Jerome Powell, the head of the Federal Reserve, had rejected this proposal and said the current law prohibits the Federal Reserve from owning Bitcoins. Such decisions should be taken by Congress, which would not agree with it because of the risks involved in price fluctuations and security with Bitcoins. For all the risks taken on by taxpayers, critics say there are far too many of them to entrust Bitcoin as a reserve asset. Sure, Bitcoin has spiked in value this year, but its recent history of big price changes leaves much to be desired when it comes to how dependable it may be as a long-term reserve. To top it all off, hackers will certainly break into government-issued crypto wallets. This concept of a bitcoin reserve is not something coming from America only. Bhutan and El Salvador have already placed Bitcoin in their national financial plans but on a much smaller scale. Precisely for this reason, since the U.S. holds a lot of Bitcoin and is economically very powerful, it can set a trend which other countries may adopt later on. There are many cryptocurrency supporters in Trump’s administration, which may help to create a Bitcoin reserve. This will be a huge step for Bitcoin if the plan goes through to become more of a financial tool. According to the Polymarket poll, more people are interested in knowing how digital assets influence national money policies. It is still unclear whether the U.S. accepts a Bitcoin reserve, but the discussions point out that if kept and grown by the U.S., Bitcoin is becoming very important. If Trump keeps and grows the U.S.’ Bitcoin reserves, then the cryptocurrency could be facing drastic change in status and purpose globally. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Edith Yeung highlights Hong Kong's progress in cryptocurrency regulations. She emphasizes the importance of liquidity alongside licensing for market success. Continue Reading: Edith Yeung Explores Hong Kong’s Thriving Crypto Landscape The post Edith Yeung Explores Hong Kong’s Thriving Crypto Landscape appeared first on COINTURK NEWS .
In response to the planned change, independent journalist James Li asked Musk, "How does the algorithm determine 'negativity'?"
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s rally nears $100k, the crypto market turns bullish, making now the perfect time to explore top altcoins like XRP, DOGE, SUI, and rising stars like Rollblock (RBLK). Bitcoin is on its way back up to $100k again, and the crypto market is turning bullish in response. Traditionally, where Bitcoin leads, altcoins follow, but what are the best altcoins to buy now? In this article, we’ll look at four different alts, from legacy crypto XRP to meme coin DOGE and see how they will perform as older altcoins. We’ll also take a look at newer cryptos, such as Rollblock (RBLK) , whose presale has caught the attention of the crypto market at large. Looking at the SUI price, it could be that this relatively new crypto is enjoying its first bull market, too. Read on to examine the potential of these four altcoins. As the 2025 Bull market gathers pace, is Rollblock one of the altcoins to buy now? With the 2025 bull market starting up, savvy investors are seeking the best altcoins to buy now, and Rollblock’s successful and ongoing presale has captured their attention. This GambleFi platform combines cutting-edge features like Revenue Sharing and deflationary tokenomics, with everything you’d expect from an online gambling platform. Its presale has already raised $8 million, and with the token price soaring over 340%, it signals confidence in Rollblock’s potential to tap into the $500 billion online gambling industry. Investors aren’t merely attracted to price speculation but to the real-world utility of its token. RBLK token holders benefit from passive income through revenue sharing, and with a 30% APY for staking, it’s using the best of DeFi to attract long term investment. DOGE corrects heavy after Q4 exponential rise DOGE has faced a significant correction after its impressive Q4 rally. Despite this pullback of the DOGE price, the broader crypto bull market is gaining momentum, which is where meme coins like DOGE often thrive. As the expected 2025 bull market gains pace, DOGE could emerge as one of the best altcoins to buy now. SUI price reaches ATH before slight correction SUI recently reached a new all-time high (ATH), and although a slight correction followed, the SUI price remains robust as sentiment among crypto investors grows bullish. SUI’s performance indicates a solid foundation, and analysts speculate the SUI price could continue its upward trajectory in 2025, especially given that it is SUI‘s first cycle. Up 5X in November, what is next for XRP? XRP surged an impressive 5x in November after strong links with the Trump administration. With the bull market of 2025 approaching, and of course, Trump taking office this month, analysts believe XRP could reach a new ATH, which would only be a 50% increase in the XRP price. Of course, nothing is clear from Trump, even though he seems to be pro crypto, XRP’s strong performance suggests that of all the legacy cryptos, it’s one of the best altcoins to buy now. So what are the best altcoins to buy now? With a new pro-crypto US government, this year is expected to be extremely bullish, so which altcoins to buy now? XRP ran wildly in November and looks well positioned with the government. The SUI price also looks primed to take off, and you should never write off DOGE in a bull market. But it’s the newest cryptos that bring in the biggest gains, and if Rollblock’s presale success is a signal, then 2025 could belong to RBLK. For more information, visit the Rollblock presale website and join the onli n e community. Read more: Best 10 meme coins of 2024: Looking back 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.
As Bitcoin’s rally nears $100k, the crypto market turns bullish, making now the perfect time to explore top altcoins like XRP, DOGE, SUI, and rising stars like Rollblock #Partnercontent
In recent times, there have been various predictions surrounding the Dogecoin price. The latest update points to an impressive $5 surge for this meme coin. But this seemingly great news about the Dogecoin price pales in comparison to what a cheap AI altcoin named WallitIQ (WLTQ) is offering. This AI altcoin is projected to gain 30,000%, a jaw-breaking surge that will change the story for many crypto investors. WallitIQ (WLTQ) Will Outpace The Dogecoin Price Surge With 30,000% Returns The Dogecoin price has seen fair ups in 2024. Compared to its 2023 price, the Dogecoin price saw a general increase of over 250%. However, experts predict that the Dogecoin price will do far better in 2025, rising from its current price of $0.31 to a massive $5. These predictions are partly based on the Dogecoin price history of hitting a surge at the end of every cycle. The Dogecoin price saw massive increases in 2017 and 2021, and now, another cycle will end in 2025. Driven by these past trends and the anticipated bullish crypto market, experts say the Dogecoin price could hit $5 next year. However, this is not the biggest surge to expect in the crypto market. Analysts speak of a cheap AI altcoin, WallitIQ (WLTQ), that will do better than the Dogecoin price. This AI altcoin is currently priced at $0.0420 only, but experts predict a 30,000% rally next year. WallitIQ (WLTQ) presents groundbreaking opportunities, such as allowing investors to trade over 1500 cryptocurrencies directly on the platform. Such impressive features have generated rapid adoption of the AI altcoin, as is evident from the presale results. The previous WallitIQ (WLTQ) presale phases generated over $5 million as investors bought more than 300 million WallitIQ (WLTQ) tokens. The current stage launched recently, yet close to 300,000 tokens have been bought, generating over $11,000. WallitIQ (WLTQ) has a definite supply of 1 billion tokens, which is well allocated to support a 30,000% rally. Experts predict that this AI altcoin will take over the $700 billion crypto wallet and AI market, effortlessly generating $5 million in monthly revenue. Therefore, investors should not sleep on this opportunity. WallitIQ (WLTQ) is offering gains that will exceed the Dogecoin price and other major players. The best move for any investor today is to join the WallitIQ (WLTQ) presale. WallitIQ (WLTQ) Will Introduce Unforgettable Features To Crypto The AI altcoin, WallitIQ (WLTQ) , boasts many innovative features that will transform crypto trading like never before. Thanks to its unique use of AI advancements, WallitIQ (WLTQ) can master how each investor uses his account, using that knowledge to spot unusual activity and potential fraud. This use of AI behavioral analysis tools makes WallitIQ (WLTQ) a highly secure AI altcoin platform. Additionally, WallitIQ (WLTQ) uses a double encryption process to safeguard transactions. Then, there’s Escrow-connect, an AI-powered tool that verifies the safety of every foreign connection before allowing it on WallitIQ (WLTQ). WallitIQ’s (WLTQ) safety has been confirmed by SolidProof , a famous smart contract auditing firm. This company has done a complete smart contract audit of WallitIQ (WLTQ), endorsing it to be safe and reliable. Furthermore, WallitIQ (WLTQ) is user-centric. It uses a highly intuitive interface that simplifies crypto trading even for novices. WallitIQ (WLTQ) also offers educational resources tailored to each user’s knowledge level. The resources are available in various formats, including videos and articles. Conclusion The Dogecoin price potential surge to $5 is undoubtedly exciting, but WallitIQ (WLTQ) is offering an incomparable opportunity. As an AI altcoin priced at $0.0420 , WallitIQ (WLTQ) brings investors groundbreaking features at a token price. Little wonder, then, that the WallitIQ (WLTQ) presale is moving at lightning speed. With an astonishing 30,000% growth ahead, absolutely no investor should miss out on this train. Act quickly to join the WallitIQ (WLTQ) presale for $0.0420 only, and get ready for game-changing wins. Join the WallitIQ (WLTQ) presale and community: Join WallitIQ (WLTQ) Presale Join the WallitIQ (WLTQ) Community 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 Dogecoin Price Prediction: DOGE To Reach $5 Top, Cheap $0.04 AI Altcoin To Outperform With 30,000% Growth Potential appeared first on Times Tabloid .
Just recently, a new wave has emerged—a slew of bitcoiners are channeling their digital wealth into luxury timepieces, with brands like Rolex taking center stage. Rolex, Audemars Piguet, and Piaget: Bitcoin Buyers Splurge on Iconic Timepieces As bitcoin (BTC) cruises just shy of the $100,000 threshold, with the premier digital currency having eclipsed that level
Recent market price action in the past 48 hours has brought up bullish talks for cryptocurrencies, with assets like Solana taking up center stage. In the case of Solana, crypto analyst Ali Martinez has hit the bullish nail with his recent prediction that Solana could see a staggering 1,800% price surge and reach $4,000 very soon. Related Reading: Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon In a post on social media platform X, Martinez highlighted a developing “cup and handle” chart pattern, which he claims is signaling a massive bullish breakout for Solana. He backed his analysis with insights from charting expert Thomas N. Bulkowski. Solana’s Road To $4,000 Martinez’s take on Solana is based on the monthly timeframe for the cryptocurrency’s price action. As he pointed out, Solana’s price action over the past few years most likely looks like that of a cup and handle pattern. This formation cuts across the 2022 bear market, the 2023 consolidation plus recovery, and the 2024 bull market. In terms of formation period, the cup part of the pattern was formed throughout 2022, 2023, and early 2024, when Solana broke above the resistance trendline for the first time. The handle formation was formed by Solana’s up-and-down movement around the $200 price level for most of 2024, which eventually culminated in a breakout to a new all-time high of $263 in November. As shown in the chart below, the cup and handle formation seems to have been completed already, and the only thing left is to wait and see how much Solana surges to the upside. In terms of a price target, Martinez made use of the Fibonacci extension indicator, projecting it from the 2022 bear market low of $9.96. The target is around the 2.00 Fib extension level, which puts the projected target around $4,000. Understanding The Cup And Handle: A Proven Bullish Formation The cup-and-handle pattern is a classic technical indicator often associated with bullish market behavior. It consists of a rounded “cup” that represents a period of consolidation and recovery, followed by a smaller “handle,” indicating a brief consolidation before a breakout. According to Thomas N. Bulkowski, who Martinez also highlighted in his analysis, the cup-and-handle ranks as the third most effective bullish pattern, with a 61% likelihood of achieving its projected target. Considering the unpredictable nature of cryptocurrencies, the odds this pattern presents is quite notable. Related Reading: Bitcoin Dominates 2024, Outperforms Gold And Major Indices – Details At the time of writing, Solana is trading at $215 and is up by 3% and 16% in the past 24 hours and seven days, respectively. This price increase comes alongside a surge in activity, with Solana witnessing a 16% trading volume increase in the past 24 hours. If Solana were to reach $4,000, it would translate to a return of about 1,800% from the current price. Featured image from Pexels, chart from TradingView