THE Coin Soars Over 29% in 24 Hours, Tops Binance Gainers List at $0.428

On July 15, The Sandbox (THE) experienced a significant market rally, surging more than 29% within a 24-hour period. This notable price movement positioned THE as the top gainer on

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Why Is Bitcoin Price Down Today? Whale Dump and Liquidations Rock Crypto Market

The post Why Is Bitcoin Price Down Today? Whale Dump and Liquidations Rock Crypto Market appeared first on Coinpedia Fintech News Bitcoin price today is facing fresh turbulence during a dramatic “crypto week,” as a Satoshi-era whale triggered a major sell-off, sending prices tumbling below $117K. The sudden move spooked the market, erased over $400 million in long positions, and dragged the entire crypto sector down sharply. Bitcoin Crashes to $116K Amid Whale Activity Bitcoin price surged toward $123,000 earlier today but swiftly reversed course after an ancient whale wallet moved a massive amount of BTC. The flagship cryptocurrency hit an intraday low of $116,218 , marking a sharp downturn of nearly 6% . According to on-chain tracker Lookonchain , a wallet linked to the early days of Bitcoin transferred 9,000 BTC (worth over $1 billion) to Galaxy Digital , followed by another transfer of 7,843 BTC . This sudden movement ignited widespread fears of a broader dump. The Whale That Shook the Market What spooked investors even more was Galaxy’s subsequent activity—over $236 million worth of BTC from the stash was sent to major exchanges like Binance and Bybit , suggesting distribution was already underway. This led many to believe a large-scale sell-off was in progress. Adding to the concern, the wallet reportedly holds over 80,000 BTC , leaving the market vulnerable to further dumps. “The timing couldn’t be worse. Traders were already booking profits, and this whale just blew the lid off,” said one analyst monitoring the whale movement. $400 Million Liquidated as Market Sentiment Turns Bearish The whale’s action caused a cascade of liquidations . According to CoinGlass , more than $400 million in long positions were wiped out within just four hours, triggering a market-wide panic. CryptoQuant also confirmed a spike in profit-taking before the whale’s move, signaling that many traders were already skeptical of Bitcoin sustaining the $120K+ rally. The shift in sentiment was quick and brutal. Many large players flipped their positions from long to short , reflecting a defensive mood in the market. Altcoins Follow Suit — Ethereum, XRP, Solana Drop Bitcoin’s plunge had a ripple effect across the crypto market: Ethereum (ETH) dropped by 1.4% XRP and Solana (SOL) fell nearly 2% each Total crypto market cap declined over 3.2% , the largest one-day drop in more than three weeks What Analysts Are Saying Crypto experts believe this sell-off could mark a local top , especially as Bitcoin failed to sustain above key resistance levels. The current move is also testing a crucial order block , a zone where buyers previously stepped in to support prices. “This kind of whale activity rarely happens without consequences,” one analyst said. “If distribution continues, we may see a retest of lower levels like $112K or even $108K.” Macro Factors Adding Fuel to the Fire Adding to the market’s fragility is the broader macro uncertainty: Regulatory tension in Washington over new crypto legislation Uncertainty around the Federal Reserve’s rate-cut trajectory Investors securing profits ahead of potential CPI surprises this week While bulls were hoping for a push toward $150,000 , this whale-triggered correction is a reminder of how fragile market sentiment can be—especially when old wallets start moving. Conclusion: Why Bitcoin Is Down Today To summarize, Bitcoin’s sharp drop today is primarily due to: A Satoshi-era whale moving 17,000 BTC Galaxy Digital distributing coins to exchanges A liquidation cascade wiping out $400M A sudden shift in sentiment and profit-taking by traders For now, all eyes are on whether more of the whale’s stash enters the market—and if other large holders follow suit. The next few days could decide whether this is a healthy pullback or the start of a deeper correction. FAQ Why did Bitcoin crash today? A massive transfer of 17,000 BTC by a Satoshi-era whale to Galaxy Digital triggered panic selling and liquidations. Will Bitcoin crash further? If more of the whale’s BTC is sold or if market sentiment stays weak, a retest of lower support levels is likely. How much Crypto liquidated today? According to CoinGlass, over $400 million in long positions were liquidated in just four hours.

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Skepticism Surrounds Pump.fun’s $4 Billion Valuation Amid Token Utility and Sustainability Concerns

Pump.fun’s recent $4 billion valuation has ignited debate within the crypto community, primarily due to its token’s lack of fundamental utility and governance features. The immediate unlocking of 33% of

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Experts Compare Ruvi AI (RUVI) at $0.015 to Avalanche (AVAX) Early Days at $0.50, Audit and Bonuses Set It Up for a Breakout Year

The cryptocurrency market frequently sees parallels drawn between new opportunities and the early days of now-established players. Avalanche (AVAX), priced at just $0.50 in its infancy, surged as one of the most talked-about tokens in the space. Now, experts are looking at Ruvi AI (RUVI) with a similar lens, suggesting it may emulate, or even surpass, Avalanche’s meteoric trajectory. Armed with real-world utility, a transparent core, and robust growth metrics, Ruvi AI is building on the key elements that marked Avalanche’s early success. Here’s how Ruvi AI could be setting itself up for a breakout year. Built on Transparency and Security New crypto projects often have to prove their legitimacy, and Ruvi AI has taken that challenge seriously. The platform recently passed a prominent third-party audit by CyberScope, receiving confirmation that its smart contracts are secure, scalable, and fully optimized. Such top-level scrutiny gives investors confidence that the risks of vulnerabilities or contract failures are effectively mitigated. Additionally, Ruvi AI has collaborated with the globally recognized WEEX Exchange to ensure post-presale liquidity. This important partnership guarantees that token holders can trade their assets seamlessly and without restrictions once Ruvi AI is listed. Together, these initiatives reflect a strong commitment to transparency and offer a secure investment foundation. Compared to early projects like Avalanche, which faced skepticism in their nascent stages, Ruvi AI is demonstrating advanced preparation and security measures out of the gate. Early Success Recalls Avalanche’s Milestones Ruvi AI’s presale is already generating attention, hitting significant milestones that resemble Avalanche’s early momentum. Here’s a snapshot of the numbers: $2.3 million raised, signaling strong financial backing. Over 185 million tokens sold, confirming robust demand. A rapidly growing community of 2,200 holders, reinforcing early adopter momentum. Currently, Ruvi AI’s Phase 2 tokens are priced at just $0.015 per token, inviting early-stage investors to enter the market at an exceptionally low cost. With the token’s value guaranteed to rise to $0.07 by the end of the presale, participants in Phase 2 are ready for an almost 5x return before the token even begins public trading. Analysts anticipate the token could hit $1 post-listing, unlocking a 66x ROI for early buyers. Parallels to Avalanche’s early days at just $0.50 are hard to ignore, an opportunity to get in before a potential breakout appears well within reach. Real-World Utility Ensures Long-Term Growth Ruvi AI separates itself from many tokens born of speculation by focusing on solving tangible, real-world problems. The platform leverages blockchain and AI technologies to deliver scalable solutions tailored to industries like marketing, entertainment, and finance. Revolutionizing Marketing Strategies For businesses, Ruvi AI enhances marketing efficiency with AI-driven tools. These optimize audience targeting, reduce wasted ad spending, and provide actionable insights for improved campaign ROI. Organizations seeking cost-effective, data-driven advertising solutions are likely to see Ruvi AI as a valuable ally. Empowering Content Creators Ruvi AI also addresses key challenges for creators in the booming digital economy. Its blockchain-backed payout systems ensure transparent, instant payments, eliminating delays that often frustrate creators. Paired with AI-powered analytics, Ruvi AI offers creators detailed data to engage audiences more effectively and grow their earnings. Transforming Global Finance For businesses and individuals alike, Ruvi AI delivers cost-efficient cross-border transaction solutions and fraud-resistant payment systems. These features address inefficiencies in global finance, making Ruvi AI’s platform broadly appealing. This diverse range of use cases ensures long-term demand for Ruvi AI’s token, mirroring the practical adoption that helped Avalanche scale so rapidly. VIP Investment Tiers Multiply Growth Potential To reward investors who join early, Ruvi AI offers structured VIP investment tiers that increase return potential and provide generous bonuses. These tiers are as follows: VIP Tier 2 ($750 investment, 40% bonus): Total tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900. Value at $1 per token: $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680. Value at $1 per token: $224,000. VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens received: 1,280,000 (double the allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These tiers massively amplify investor returns and establish Ruvi AI as a financially rewarding prospect for those who act quickly to secure their stake. Why Ruvi AI Is Positioned for Its Breakout Year Like Avalanche in its early days, Ruvi AI offers a low entry price, practical utilities, and a structured growth plan that sets it apart from speculative competitors. With $2.3 million raised, over 185 million tokens sold, and a projected $1 valuation, Ruvi AI has all the ingredients necessary for an explosive expansion. Ruvi AI’s focus on transparency, scalable innovation, and real-world applications ensures it appeals to both institutional and individual investors seeking significant ROI. For those looking to secure an early seat in one of 2025’s potential crypto success stories, Ruvi AI represents a rare and promising opportunity. Don’t wait, join Ruvi AI’s presale now and position yourself for a breakout year! 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 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.

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Next-Gen Web Browsers: Unveiling the Hottest Alternatives to Chrome and Safari in 2025

BitcoinWorld Next-Gen Web Browsers: Unveiling the Hottest Alternatives to Chrome and Safari in 2025 In the rapidly evolving digital landscape, where every click and data point holds significance, the choice of your web browser is more crucial than ever. For cryptocurrency enthusiasts and anyone invested in their digital footprint, security, efficiency, and privacy are paramount. While Google Chrome and Apple’s Safari have long dominated the market, the tech world is buzzing with innovative web browsers that promise to redefine your online experience. These aren’t just minor tweaks; we’re talking about a new generation of browsers leveraging artificial intelligence, championing user privacy, and even promoting digital well-being. If you’re looking to move beyond the mainstream and explore what’s next, you’re in for a treat. Are AI Browsers the Future of Web Navigation? The integration of generative AI is perhaps the most exciting development in the browser space. Imagine a browser that doesn’t just show you information but actively helps you process it, summarize it, and even act on it. This vision is rapidly becoming a reality, with several pioneering companies leading the charge. Perplexity’s Comet: This innovative product from Perplexity is less a traditional browser and more a chatbot-based search engine. Comet excels at summarizing emails, browsing web pages, and performing complex tasks like sending calendar invites. While currently exclusive to Perplexity’s high-tier Max plan, a waitlist is open for early access, signaling its potential to transform how we interact with information online. The Browser Company’s Dia: Known for the popular Arc browser, The Browser Company recently unveiled Dia. Designed to simplify web navigation, Dia features an AI chat tool that can analyze your browsing history and logged-in sites to provide context-aware assistance. It can summarize the page you’re viewing, answer product questions, and even summarize uploaded files. Access is currently invite-only for Arc members, with a waitlist available for others. Opera’s Neon: Opera, a long-standing player in the browser market, is stepping into the AI agentic browser arena with Neon. This browser boasts contextual awareness, capable of researching, shopping, and even writing code snippets. A standout feature is its ability to perform tasks offline, offering unparalleled convenience. Neon is slated to be a subscription product, with pricing details yet to be announced, and a waitlist is open for interested users. OpenAI’s Rumored Browser: According to reports, AI giant OpenAI is also preparing to launch an AI-powered web browser as early as July. This browser is rumored to operate within ChatGPT, allowing users to browse websites directly inside the chatbot interface, potentially eliminating the need to navigate to external links. This could fundamentally change the search and browsing experience, making it more integrated and conversational. Why Privacy Browsers are Essential for Online Security For many, especially those deeply involved in the cryptocurrency space, digital privacy is not just a feature but a fundamental requirement. The good news is that a robust ecosystem of privacy-focused browsers is thriving, offering powerful tools to protect your data from trackers, ads, and malicious actors. Brave: A household name in the privacy-first browser category, Brave is celebrated for its integrated ad and tracker blocking. It introduces a unique, gamified browsing experience, rewarding users with Basic Attention Token (BAT) cryptocurrency for opting into privacy-respecting ads. This model allows users to support their favorite websites while earning a share of ad revenue. Brave also offers a built-in VPN service, an AI assistant, and a video calling feature, making it a comprehensive choice for the privacy-conscious. DuckDuckGo: Widely recognized for its privacy-focused search engine, DuckDuckGo has significantly invested in its browser to enhance its competitive edge. Recent updates include generative AI features like a chatbot and an enhanced scam blocker. This blocker is designed to detect a wide array of scams, including fraudulent cryptocurrency exchanges, scareware, and deceptive e-commerce sites. DuckDuckGo prioritizes user privacy by preventing trackers and ads and abstaining from user data collection, leading to a cleaner, less intrusive browsing experience. Ladybird: Led by GitHub co-founder Chris Wanstrath, Ladybird is an ambitious project aiming to build an entirely new open-source browser from the ground up, a rare feat in an industry largely reliant on Google’s Chromium project. Ladybird’s mission is to offer robust data collection minimization features, including a built-in ad blocker and the ability to block third-party cookies. An alpha version is anticipated for release in 2026, initially for Linux and macOS users, marking a significant step towards true browser independence. Vivaldi: Developed by one of the original creators of Opera, Vivaldi is a Chromium-based browser that stands out for its unparalleled customization. Users can extensively modify its interface and features to suit their preferences, even changing the browser window’s color to match the viewed website. Beyond aesthetics, Vivaldi includes essential privacy features such as ad blocking, a password manager, and no user data tracking. It also integrates productivity tools like a calendar and notes, making it a versatile option for power users. Exploring Innovative Browser Alternatives for Every Need Beyond the major players and privacy champions, a fascinating array of niche and mindful browsers are emerging, each designed to cater to specific user needs, from enhancing productivity to promoting digital well-being. Opera Air: Launched by Opera, Air is one of the pioneering ‘mindfulness-themed’ browsers. While functioning as a standard web browser, it integrates unique features aimed at supporting mental well-being. These include break reminders and guided breathing exercises. A notable feature called “Boosts” offers a selection of binaural beats to aid focus or relaxation, making it ideal for users looking to reduce digital stress. SigmaOS: Exclusively for Mac users, SigmaOS introduces a workspace-style interface that significantly boosts productivity. It organizes tabs vertically, allowing users to manage them like a to-do list, marking them complete or snoozing them. Users can create ‘workspaces’—groups of tabs—to compartmentalize different activities, such as separating work from personal browsing. This Y Combinator-backed browser has recently added more AI features, including the ability to summarize web page elements like ratings, reviews, and prices. Its AI assistant can answer questions, translate text, and rewrite content. SigmaOS offers a free tier, with a subscription available for unlimited workspaces. Zen Browser: True to its name, Zen Browser aims to cultivate a “calmer internet.” This open-source browser allows users to organize tabs into Workspaces and offers a Split View for side-by-side browsing, enhancing productivity. Users can personalize their experience with community-made plugins and themes, such as transparent tab backgrounds, fostering a more serene and customizable browsing environment. Navigating the Evolving World of Web Browsers and Digital Privacy The browser landscape is more dynamic than ever. While Chrome and Safari continue to hold significant market share, the innovation happening among their challengers is undeniable. From AI-powered assistants that streamline your online tasks to robust privacy features that protect your valuable data, and even browsers designed to enhance your mental well-being, the choices are expanding rapidly. For individuals concerned about their digital privacy and seeking a more tailored, efficient, or secure online experience, now is an exciting time to explore these powerful alternatives. Whether you prioritize cutting-edge AI, impenetrable privacy, or a more focused browsing experience, the next generation of browsers offers compelling reasons to switch. As we move further into 2025, these innovators are not just competing for market share; they are redefining what a web browser can be, putting user needs and well-being at the forefront. To learn more about the latest AI trends, explore our article on key developments shaping AI features. This post Next-Gen Web Browsers: Unveiling the Hottest Alternatives to Chrome and Safari in 2025 first appeared on BitcoinWorld and is written by Editorial Team

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Earn passive income through SIMMining: AI intelligent allocation, stable daily XRP income

The hot cryptocurrency market has attracted the attention of many investors, but the high cost and technical barriers of traditional mining have deterred many people. However, with the rise of intelligent cloud mining technology, this situation is quietly changing. Today, we introduce a zero-cost cloud mining platform, SIMMining , so that everyone can easily participate in cryptocurrency mining. What is SIMMining? SIMMining is a cloud mining platform that does not require hardware equipment or upfront investment. Users only need to register to start mining popular cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin. The platform uses advanced cloud technology to simplify the complex process of traditional mining into an easy-to-operate interface for users, so that users with zero basics can easily get started. Why choose SIMMining? New user rewards and daily sign-in benefits: New users can get a $100 reward after registration, and earn $1 for signing in every day, easily accumulating income. Simple and fast: No need to buy expensive hardware equipment, no need to worry about power consumption, you can start mining anytime, anywhere through the dashboard. Security: The platform is protected by SIMMining and the UK Regulatory Authority to ensure the safety of user data and funds. Stable income: Provide a variety of low-threshold, high-yield contract options, and support instant exchange and withdrawal. Users can freely choose the withdrawal currency. Multi-currency support: In addition to BTC, ETH, and DOGE, it also supports XRP, USDT, BNB and other mainstream currencies to meet different investment needs. Contract Amount Contract Period Daily income Total revenue 100 $ 1day 1 $ 1 $ 150 $ 2day 6 $ 12 $ 300 $ 2day 5.19 $ 10.38 $ 900 $ 3day 17.19 $ 51.57 $ 2300 $ 5day 47.38 $ 236.9 $ 5500 $ 10day 120.45 $ 1204.5 $ 10000 $ 7day 231 $ 1617 $ 30000 $ 3day 1059 $ 3177 $ 60000 $ 21day 2400 $ 50400 $ 150000 $ 10day 6795 $ 69750 $ 300000 $ 15day 18000 $ 270000 $ Advantages of smart cloud mining Compared with traditional mining methods, smart cloud mining not only eliminates the trouble of hardware purchase and maintenance, but also saves a lot of electricity costs. For those users with limited budgets or unfamiliar with technology, this method undoubtedly lowers the threshold for participation. In addition, the platform uses blockchain technology, the income is transparent and visible, and the operation is simple and convenient, so that every user can mine with peace of mind. How to start? Just visit the official website simmining.com, complete the registration, and you can start your cloud mining journey. If you have any questions, you can also get help through the official email info@simmining.com. In short, SIM Mining opens the door to the world of cryptocurrency for ordinary users. If you are also interested in cryptocurrency, you might as well seize this zero-cost opportunity and join us now to share the wealth possibilities brought by smart cloud mining! Company name: SIMMining Company email: info@simmining.com Company website: https://simmining.com 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 Earn passive income through SIMMining: AI intelligent allocation, stable daily XRP income appeared first on Times Tabloid .

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StanChart Rolls Out Spot Bitcoin, Ether Trading for Institutions

StanChart has launched spot trading services for Bitcoin and Ether through its UK branch, marking a notable milestone as it becomes the first global systemically important bank to offer institutional clients direct access to these digital assets in a regulated manner. The move, Reuters reported Tuesday, allows corporates, asset managers and institutional investors to trade Bitcoin and Ether through familiar foreign exchange trading interfaces. The bank added that non-deliverable forwards would also be available soon as it expands its crypto product suite. “As client demand accelerates further, we want to offer clients a route to transact, trade and manage digital asset risk safely and efficiently within regulatory requirements,” said group chief executive Bill Winters. StanChart launches bitcoin, ether spot trading for institutional clients https://t.co/veX75jJLgh — Reuters Asia (@ReutersAsia) July 15, 2025 Building on Collateral and Stablecoin Moves Across Asia The rollout reflects growing appetite among institutional investors to integrate digital assets into traditional portfolios. It also positions StanChart as a frontrunner among mainstream banks adapting to the maturing crypto market. StanChart has been quietly building its crypto footprint through a series of targeted initiatives. In April 2025, the bank partnered with OKX and Franklin Templeton to introduce a digital collateral mirroring program, aimed at bridging traditional finance and digital asset management. Earlier this year, in February, its Hong Kong subsidiary joined forces with Animoca Brands and HKT to launch a new stablecoin venture. The group plans to issue a Hong Kong dollar-backed stablecoin under the city’s new regulatory framework and has submitted an application to the Hong Kong Monetary Authority for a license. StanChart Breaks New Ground as Traditional Banks Tiptoe Toward Real-Time Crypto Trading The UK-based lender, known for its focus on emerging markets and institutional clients, has been cautiously optimistic about crypto. The Wall Street Journal reported in April that both StanChart and Deutsche Bank were exploring new avenues to grow their crypto businesses in the United States, following years of regulatory pushback. StanChart’s entry into spot trading marks a significant evolution in how traditional banks interact with digital assets. Until now, most large financial institutions have limited themselves to offering custody or indirect exposure through structured products and funds. With spot trading now on the table, institutional clients can execute real-time transactions in bitcoin and ether, two of the most widely held and liquid cryptocurrencies, while staying within the bounds of UK regulation. The offering also serves a strategic purpose. By integrating crypto capabilities into its core financial infrastructure, StanChart can better manage client risk, deepen relationships with forward-looking asset managers and expand its services in a market that is increasingly moving on-chain. While competitors are still navigating internal policies and regulatory uncertainty, StanChart’s latest move shows it is betting on crypto becoming a permanent fixture in institutional finance. The post StanChart Rolls Out Spot Bitcoin, Ether Trading for Institutions appeared first on Cryptonews .

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Arcadia Finance Faces Possible $2.5 Million Exploit Involving USDC on Base Blockchain

Arcadia Finance has suffered a significant security breach on the Base blockchain, resulting in the loss of approximately $2.5 million in USDC and USDS tokens. The exploit targeted a vulnerability

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New Zealand Woman Accused of Murder After Faking $160K Crypto Profits to Mother

A New Zealand woman accused of murdering her elderly mother allegedly orchestrated an elaborate crypto scam just days before the killing, extracting thousands through fabricated trading profits while draining over $40,000 in crypto investments throughout the previous year. According to a local report from NewstalkZB , Julia DeLuney, 53, faces murder charges in Wellington High Court for the death of her 79-year-old mother, Helen Gregory, at her Khandallah home on January 24, 2024. Prosecutors allege DeLuney staged the scene to make it appear her mother had fallen from an attic, while forensic experts concluded the fatal injuries were inconsistent with a fall. Financial records revealed that between January 2023 and January 2024, DeLuney transferred over $90,000 to crypto platforms while accumulating a deficit of $40,902. Two days before Gregory’s death, DeLuney emailed her mother claiming a crypto investment had generated profits exceeding $160,000, requesting $18,000 for withdrawal fees that experts later testified were “totally false.” Source: NewstalkZB Elaborate Deception Preceded Alleged Murder Court testimony revealed DeLuney’s systematic theft from her mother over several months before the alleged murder. Gregory had confided in friends that two large sums totaling up to $85,000 had gone missing from her home, with her daughter later admitting to investing the money in cryptocurrency. Forensic accountant Eric Huang detailed DeLuney’s financial transactions, showing $156,555 transferred to crypto platforms against only $88,173 in withdrawals. The former school teacher received $74,850 in cash deposits and $45,000 in bank transfers from Gregory across seven months when she lacked sufficient funds to support her spending. On June 25, 2023, DeLuney made eight cash deposits totaling $29,800 at smart ATMs, with $20,000 deposited in four transactions within minutes. The pattern raised red flags about the source of the funds and her trading activities. Gregory deposited $6,000 cash into DeLuney’s account on January 23 and withdrew $9,000 from her retirement fund after receiving the fabricated profit email. Instead of crypto investments, DeLuney used the money for credit card debt, Lotto tickets, and utility payments, with only $1,200 actually invested in cryptocurrency. Family friend Cheryl Thomson testified that Gregory was upset about the unauthorized investments, recalling DeLuney’s reassurance: “ It’s all safe mum, don’t worry. ” Another friend, Elizabeth Askin, estimated the amount DeLuney had taken for crypto investments at approximately $75,000-$76,000. Regulatory Response to Growing Crypto Crime The case emerges as New Zealand implements sweeping financial crime reforms, including a nationwide ban on cryptocurrency ATMs and stricter cash transfer limits . The measures target growing criminal exploitation of digital finance tools, with police identifying crypto ATMs as primary channels for drug money laundering. New Zealand has unveiled a set of reforms, including a nationwide ban on cryptocurrency ATMs and a $5,000 cap on international cash transfers. #ATMs #Crypto https://t.co/LrL9HTJVOq — Cryptonews.com (@cryptonews) July 9, 2025 Associate Justice Minister Nicole McKee announced the measures as part of an overhaul to the country’s Anti-Money Laundering and Countering the Financing of Terrorism regime. The nationwide crypto ATM ban targets the 157 machines that police identified as facilitating untraceable transactions for drug money laundering. A new $5,000 cap on international cash transfers aims to close another popular loophole exploited by criminal groups moving money offshore. The Financial Markets Authority has also issued multiple warnings about crypto scams targeting social media users. In December 2024, the watchdog flagged over 40 suspicious trading platforms operating through YouTube channels and messaging platforms like WhatsApp and Telegram. Scammers follow calculated strategies, initially requesting small deposits to build trust before presenting fake profit statements to encourage larger investments. When victims attempt withdrawals, they face demands for additional fees with no money ever returned. Notably, the DeLuney incident follows similar incidents across the Asia-Pacific region. South Korean police investigated a suspected crypto-linked murder at a Jeju hotel in February 2025, where four Chinese nationals allegedly stabbed a man to death during a crypto exchange transaction, stealing $59,318 in cash. The global pattern of crypto-related violence and financial crimes has prompted coordinated regulatory responses, with multiple countries, like Australia , implementing stricter oversight of crypto ATMs and digital asset transactions to prevent criminal exploitation of the booming ecosystem. The post New Zealand Woman Accused of Murder After Faking $160K Crypto Profits to Mother appeared first on Cryptonews .

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Analyst Predicts Bitcoin Hitting $135K Amid Breakout Rally This Month

Katie Stockton, a renowned crypto analyst and founder at Fairlead Strategies, has predicted that Bitcoin will reach $135,000 in the medium term, indicating a strong bullish trend. Speaking to CNBC on Monday , she said that BTC would surge prior to the ‘corrective phase.’ Before this big breakout, there were almost 8 weeks of consolidation, which feels like “ancient history right now.” From the breakouts, the company has created “measured move projections,” assuming that the trajectory of the prevailing trend that had a corrective phase maintains itself. “That puts Bitcoin at around $135,000 as an intermediate-term objective,” Stockton said. “It seemed pretty aggressive a few days ago, maybe now a little less so.” Bitcoin reached a new all-time high of $123,091 on Monday , following massive institutional adoption. Over 265 companies now hold Bitcoin on their balance sheets, doubling from 124 companies since June 5th. Stocks Tracking BTC Would See Possible Surge: Stockton According to Stockton, Coinbase and Michael Saylor’s Strategy stocks that track BTC markets are also likely to perform well. Besides, she also cited Ether and XRP movements, adding that there is “positive action across the universe of cryptocurrencies.” “From a technical perspective, we are seeing some pretty actionable breakouts, where some are major breakouts, some are minor breakouts,” she told CNBC’s “Closing Bell” team. Individual stocks that have performed alongside these cryptos have really benefited too, she added. The analyst identified a cup-and-handle pattern on Coinbase stocks, which further supports this optimistic outlook. Strategy (formerly MicroStrategy) has also maintained a long-term uptrend with highs and lows and now has a short-term breakout of its own. “So, there does seem to be positive action across the board,” she noted. Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, attributed Bitcoin’s growth to growing institutional adoption. He told Cryptonews that the sheer scale of ETF demand suggests continued upside. “A short-term pullback looks unlikely, with Bitcoin more likely to test higher levels in the weeks ahead,” he said. Further, despite ETF-driven inflows into Ethereum and tokenization narratives, Bitcoin dominance remains high. “Until BTC dominance decisively breaks below 62% and ETH/BTC strengthens further, Bitcoin will likely continue capping alternative layer growth.” The post Analyst Predicts Bitcoin Hitting $135K Amid Breakout Rally This Month appeared first on Cryptonews .

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