Dogecoin shows strong recovery, nearing $0.175 with increased investor interest. Technical indicators suggest a potential price increase of 200% to 300%. Continue Reading: Dogecoin Surges as Investor Interest Grows and Technical Signals Shine The post Dogecoin Surges as Investor Interest Grows and Technical Signals Shine appeared first on COINTURK NEWS .
In a critical juncture for Bitcoin, recent indicators suggest that the largest cryptocurrency may face a pivotal test of market strength in the coming days. Despite a recent decline, the
The post Binance Coin Price Prediction 2025, 2026 – 2030: Will BNB Hit $1000? appeared first on Coinpedia Fintech News Story Highlights Binance Coin Price Today is $ 612.88588719 . The BNB price prediction anticipates a potential high of $1,292 in 2025. Binance price may reach a maximum of $2,749 by 2030. With the broader market witnessing increased price volatility, the cryptocurrency market is expected to head toward a new high soon. Among the potential ones, BNB stands as one of the top priorities, which boasts an ATH of $793.35 . Amid the changing landscape, the Binance Coin (BNB) price prediction remains solid, with the new all-time high target at around the $1000 level. However, the underlying uncertainties amid the global tensions raise questions like, “Is Binance safe or not?” or “Will Binance go higher in 2025?” To answer these questions and provide a clear view of the BNB price action, we present our Binance Price Prediction 2025, 2026 – 2030. Table of Contents Overview BNB Coin Price Prediction 2025 Binance Price Targets 2026 – 2030 Binance Coin Price Forecast 2026 BNB Coin Price Prediction 2027 Binance Price Projection 2028 BNB Crypto Price Prediction 2029 Binance Coin Price Prediction 2030 Binance Price Projection 2031, 2032, 2033, 2040, 2050 What Does The Market Say? CoinPedia’s Binance (BNB) Coin Price Prediction Is BNB a Profitable Investment? Final Thoughts FAQs Overview Cryptocurrency Binance Coin Token BNB Price $ 612.88588719 4.58% Market cap $ 87,320,842,171.4324 Circulating Supply 142,474,878.27 Trading Volume $ 1,361,058,714.4856 All-time high $793.35 on 04th December 2024 All-time low $0.09611 on 01st August 2017 *The statistics are from press time. BNB Coin Price Prediction 2025 With a highly anticipated altcoin season in 2025, the Binance token is projected to achieve its milestone price of $1,000. Moreover, with the growing list of services in the Binance ecosystem, its native crypto token $BNB is expected to prolong the prevailing uptrend. Investors can anticipate the BNB coin price reaching a new All-Time High of $1,292. On the flip side, the Binance crypto may experience a low of $761 during that year. Considering the buying and selling pressure, the 5th largest cryptocurrency could conclude the year 2025 with an average price of $926. Year Potential Low Potential Average Potential High 2025 $761 $926 $1,292 Curious if Bitcoin will hit $100K as the crypto bull run begins? Find out more about Coinpedia’s Bitcoin price prediction . Binance Price Targets 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 1,111 1,316 1,521 2027 1,292 1,521 1,750 2028 1,463 1,772 2,081 2029 1,688 2,022 2,356 2030 1,893 2,321 2,749 Binance Coin Price Forecast 2026 By late 2026, BNB’s price could climb to a high of $1,521 . However, the price might dip to $1,111 , with an average value of $1,316 throughout the year. BNB Coin Price Prediction 2027 In 2027, BNB’s price is anticipated to hit a peak of $1,750 . On the downside, the price could fall to $1,292 , with an average of $1,521 . Binance Price Projection 2028 By the close of 2028, BNB’s price may reach a high of $2,081 . If market conditions worsen, it could drop to $1,463 , with an average price of $1,772 . BNB Crypto Price Prediction 2029 In 2029, BNB could continue its upward momentum, potentially reaching $2,356 . However, it may see a low of $1,688 , with an average price of $2,022 . Binance Coin Price Prediction 2030 As 2030 begins, BNB could hit a new high of $2,749 . Conversely, it may bottom out at $1,893 , with an average price of $2,321 . Binance Price Projection 2031, 2032, 2033, 2040, 2050 Based on the historic market sentiments, and trend analysis of the altcoin, here are the possible BNB coin price targets for the longer time frames. .highcharts-legend { display:none; } document.addEventListener("DOMContentLoaded", function () { setTimeout(function() { Highcharts.chart('custom-chart-67d5d09ac9553', { chart: { type: 'areaspline' }, title: { text: 'Binance (BNB) Price Prediction', style: { color: '#171717', fontSize: '20px', fontWeight: '500', } }, xAxis: { categories: ["2031","2032","2033","2040","2050"], title: { text: 'Year', style: { color: '#171717', fontSize: '16px', fontWeight: '500', display: 'block', align: 'middle' // Ensure it's aligned properly }, margin: 15 } }, yAxis: { title: { text: 'Average Price ($)', style: { color: '#171717', fontSize: '16px', fontWeight: '500', } }, labels: { formatter: function () { return this.value === 0 ? "0" : formatNumber(this.value); } } }, responsive: { rules: [{ condition: { maxWidth: 767 // Set breakpoint at 767px }, chartOptions: { title: { style: { fontSize: '13px', fontWeight: '500', lineHeight: '22px' // Corrected 'lineHight' to 'lineHeight' } }, xAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } }, yAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } } } }] }, tooltip: { shared: true, formatter: function () { var year = this.x; // Default index if (this.series.chart.xAxis[0].categories) { year = this.series.chart.xAxis[0].categories[this.point.index]; // Map to category label } return ` ${year} ${this.points.map(point => ` \u25CF ${point.series.name}: ${formatNumber(point.y)} ` ).join(' ')}`; } }, credits: { enabled: false }, plotOptions: { areaspline: { color: '#0052CC', fillColor: { linearGradient: { x1: 0, y1: 0, x2: 0, y2: 1 }, stops: [ [0, '#0f549999'], [1, '#0052CC0D'] ] }, marker: { lineWidth: 1, lineColor: null, fillColor: 'white' } } }, series: [{ name: 'Market Value', data: [3067,4133,5876,51322,123500] // Dynamic values }] }); }, 1000); function formatNumber(value) { if (value === 0) { return "0"; } if (value >= 1000000000) { return (value / 1000000000).toFixed(2).replace(/\.00$/, '') + 'B'; } else if (value >= 1000000) { return (value / 1000000).toFixed(2).replace(/\.00$/, '') + 'M'; } else if (value >= 1000) { return (value / 1000).toFixed(2).replace(/\.00$/, '') + 'K'; } else if (value >= 1) { return value.toFixed(2); } else if (value >= 0.1) { return value.toFixed(4); } else if (value >= 0.01) { return value.toFixed(5); } else if (value >= 0.001) { // 0.001 to 0.00999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.0001) { // 0.0001 to 0.000999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.00001) { // 0.00001 to 0.0000999 (8 decimal places) return value.toFixed(8); } else if (value >= 0.000001) { // 0.000001 to 0.00000999 (9 decimal places) return value.toFixed(9); } else if (value >= 0.0000001) { // 0.0000001 to 0.000000999 (10 decimal places) return value.toFixed(10); } else if (value >= 0.00000001) { // 0.00000001 to 0.0000000999 (11 decimal places) return value.toFixed(11); } else if (value >= 0.000000001) { // 0.000000001 to 0.00000000999 (12 decimal places) return value.toFixed(12); } else if (value >= 0.0000000001) { // 0.0000000001 to 0.000000000999 (12 decimal places) return value.toFixed(12); } else { // Less than 0.0000000001 (13 decimal places) return value.toFixed(13); } } }); Year Potential Low ($) Potential Average ($) Potential High ($) 2031 2,267 3,067 3,868 2032 2,996 4,133 5,271 2033 4,123 5,876 7,629 2040 35,672 51,322 66,973 2050 79,639 123,500 167,361 What Does The Market Say? Firm Name 2025 2026 2030 Changelly $676.31 $1,319 $5,991 Coincodex $943.83 $817.71 $1,336.32 Binance $731.33 $767.90 $933.38 CoinPedia’s Binance (BNB) Coin Price Prediction Despite the growing troubles of workforce reduction, regulatory scrutiny, and frequent executive departures, the Binance ecosystem is expanding. With its research in product innovations and new token listings, Binance Exchange has the highest trading volume. As per CoinPedia’s Binance (BNB) coin price prediction, the price of $BNB crypto will increase to $ 1,292 in 2025. Year Potential Low Potential Average Potential High 2025 $761 $926 $1,292 Is BNB a Profitable Investment? Yes, BNB is a profitable investment for the long term. Several initiatives, such as the auto-burn mechanism, contribute to reducing its supply and potentially increasing its value over time. Final Thoughts Based on our analysis of factors like market sentiment, Binance exchange growth, and BNB utility expansion, BNB is likely to reach ~$1,300 in 2025. CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you! FAQs What was the initial price of Binance Coin (BNB)? The initial price of Binance Coin (BNB) at the time of the ICO was $0.15. What is the all-time low (ATL) price of Binance Coin (BNB)? The all-time low price of Binance Coin was $0.09611 on August 01, 2017. What could be the maximum trading price of Binance Coin by the end of 2025? As per our BNB price prediction, the maximum trading price of $BNB could potentially reach $1,292 in 2025. How high could the BNB price reach by the end of 2030? The price of the digital asset could reach a potential high of $2,749 by 2030. What is the all-time high (ATH) price of Binance Coin (BNB)? The all-time high price of Binance Coin was $793.35 on December 04, 2024. Is BNB a profitable investment? Yes, BNB is a profitable investment for the long term. With initiatives such as auto-burn, numerous projects, and growing prominence, we could find it bearing fruit. How much would the price of Binance be in 2040? As per our latest BNB price analysis, the Binance could reach a maximum price of $66,973. How much will the BNB price be in 2050? By 2050, a single Binance price could go as high as $167,361.
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Is a surge ahead or will it be a deeper correction for the world's largest cryptocurrency?
The Chainlink price has had its fair share of the early-2025 struggles, falling to a new low just above the $12 level earlier this week. The altcoin has had to contend with the widespread bearish pressure and worsening investor sentiment in the general crypto market. Chainlink Price Overview On Tuesday, March 11, the Chainlink price succumbed to the market-wide downward pressure that saw the largest cryptocurrency Bitcoin hit $77,000 for the first time in over four months. Other large-cap assets also suffered in this recent market downturn, with the price of Ethereum also dropping beneath $2,000. Related Reading: Dogecoin Recovery In Sight? Key Metrics Predict A Strong Bounce The price of Chainlink appears to be recovering well in the past few days, making a play for $15 on Friday, March 14. In a show of strong resurgence, the altcoin ranked as one of the best daily gainers with an almost 10% positive performance on the day. After initially crossing $14.5 earlier in the day, the Chainlink price has returned to below the psychological $14 level. As of this writing, the price of LINK stands at around $13.83, reflecting an almost 6% increase in the past 24 hours. This single-day performance, however, was not enough to wipe off the altcoin’s loss on the weekly timeframe. According to data from CoinGecko, the LINK price is down by more than 13% in the past seven days. Can LINK Price Climb To $16? While the fortunes of the Chainlink price do appear to be changing, a particular price level might be crucial to its long-term trajectory. In a post on X, popular crypto analyst Ali Martinez offered insights into crucial on-chain levels for the LINK price. This analysis revolves around the average cost basis of several LINK investors. In cost-basis analysis, the capacity of a level to serve as support or resistance depends on the total amount of coins last purchased by investors in the region. As seen in the chart above, the size of the dot represents and directly corresponds to the number of LINK tokens acquired within a price bracket — while reflecting the strength of each level. Based on this analysis, Martinez noted that the Chainlink price faces major resistance around the $14.88 – $15 region where 15,450 investors bought 107.28 million LINK tokens (worth $1.62 billion at an average price of $15.13). The high investor activity has led to the formation of a supply barrier around the $15.13 region. The Chainlink price is likely to witness significant selling pressure due to investors wanting to sell their tokens after returning to their cost basis, thereby hindering further price increases and leading to price pullback. However, it is worth noting that no significant resistance levels lie beyond this $15.13 price region. Hence, investors could see the price of LINK climb to as high as $16 should it successfully breach the $15 resistance level. Related Reading: Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle Amid Record Selling Featured image from Unsplash, chart from TradingView
Will Cardano (ADA) hit $2.30 in its next rally as Shiba Inu (SHIB) and this DeFi token gear up for a breakout? While Cardano aims for significant gains in its upcoming rally, Lightchain AI is also generating buzz. With over $17.3 million raised at a presale price of $0.006, Lightchain AI is quickly gaining traction for its unique integration of AI and blockchain technology. Positioned for explosive growth in 2025, it could offer massive returns. As the market prepares for a breakout, Lightchain AI stands out as a promising DeFi token to watch closely for the next big opportunity. Can Cardano Reach $2.30? Cardano’s (ADA) potential to reach $2.30 hinges on various market factors. As of March 6, 2025, ADA is trading at approximately $0.90. Analysts predict that by 2025, ADA could range between $0.67 and $2.21, with a bullish target of $2.95, suggesting that $2.30 is within reach under favorable conditions. Factors influencing this growth include increased institutional adoption, technological advancements, and strategic initiatives like the U.S. Senate’s inclusion of ADA in the Strategic Crypto Reserve. However, ADA faces competition from emerging platforms like Lightchain AI that aim to disrupt the market with innovative features. Is Shiba Inu (SHIB) Poised for Meme Coin Rally? Shiba Inu (SHIB), a prominent meme coin, has shown resilience amid market fluctuations. As of March 6, 2025, SHIB is trading at approximately $0.00001365, reflecting a 3% increase over the past 24 hours. Analysts predict that SHIB could reach a price range of $0.0001 to $0.0003 by 2025, contingent upon increased adoption and continued token burns. Additionally, if SHIB were to achieve a market capitalization of $89 billion, it would translate to a price of $0.0001509, representing a potential 912% increase from its current value. However, it’s important to note that these projections are speculative and subject to market dynamics. Investors should exercise caution and conduct thorough research before making investment decisions in the volatile cryptocurrency market. Lightchain AI – DeFi Token Everyone’s Buzzing About Move over ADA and SHIB— Lightchain AI is stealing the spotlight in the crypto world. With lightning-fast transaction speeds and rock-solid security, it’s not just keeping pace—it’s rewriting the rules of DeFi. So, what’s driving this explosive momentum? Meet dynamic gas fee calculation . Unlike anything we’ve seen before, fees adapt to computational demand, making AI tasks more cost-efficient and accessible. This innovation isn’t just groundbreaking—it’s paving the way for rapid, widespread adoption. At the heart of it all is the Artificial Intelligence Virtual Machine (AIVM) This powerhouse engine seamlessly runs AI tasks on the blockchain, continuously evolving through open-source collaboration and decentralized governance. Developers, token holders, and stakeholders work together to shape the future of this intelligent, ever-growing ecosystem. The DeFi race is on, and Lightchain AI is leading the charge. Ready to join the revolution? https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://twitter.com/LightchainAI https://t.me/LightchainProtocol
The post Ethereum Price Prediction 2025, 2026 – 2030: Can ETH Price Hit $5k? appeared first on Coinpedia Fintech News Story Highlights The Ethereum price today is $ 1,930.45550691 . ETH price with a potential surge could hit $5,925 in 2025. The price of Ethereum could reach a high of $15,575 by 2030. Ethereum’s price trajectory remains a focal point for investors in 2025. The recent ByBit hack has amplified the situation even more. Will Ethereum outperform Bitcoin in the next crypto bull run? With the shift to Ethereum 2.0, expanding Layer 2 solutions , and growing DeFi adoption , this article analyzes key ETH Price Prediction, market dynamics, and technical trends shaping Ethereum’s future. Read CoinPedia’s Ethereum Price Prediction now to determine the upcoming price targets until 2030. Table of Contents Overview Ethereum Price Prediction 2025 Ethereum Price Targets 2026 – 2030 ETH Price Prediction 20 26 Ethereum Price Forecast 2027 Ether Price Prediction 2028 Ethereum Price 2029 ETH Price Prediction 203 0 Ethereum Price Prediction 2031, 2032, 2033, 2040, 2050 CoinPedia’s Ethereum Price Prediction Market Analysis FAQs Overview Cryptocurrency Ethereum Token ETH Price $ 1,930.45550691 -0.43% Market cap $ 232,844,972,653.65 Circulating Supply 120,616,596.3528 Trading Volume $ 6,895,850,570.4267 All-time high $4,891.70 on 16th Nov 2021 All-time low $0.4209 on 22nd Oct 2015 Ethereum Price Prediction 2025 The Ethereum blockchain network will be launching the PECTRA upgrade in 2025. This upgrade merges two previously planned updates—Prague and Electra—into a comprehensive enhancement. The upgrade will bring new improvement proposals, boosting scalability and performance. Coming to ETH 2.0, as per Crypto Quant , the total value staked in a 1-month time frame, currently stands at $34.03 M. Ethereum Total Value Staked (1) The Ethereum price is expected to maintain its upward trajectory and form higher highs. Furthermore, with increased adoption, newer upgrades, and network growth, the ETH coin price can smash the $5k mark and hit a new all-time high of $5,925. Conversely, rising uncertainty or any unfavorable global economic events could pull the ETH price toward its annual low of $2,917. Considering the market sentiments, the average price could settle at around $3,392. Year Potential Low Potential Average Potential High 2025 $2,917 $4,392 $5,925 Ethereum Price Targets 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 5,566 5,713 6,610 2027 6,800 7,246 8,705 2028 8,613 9,482 10,410 2029 10,192 11,111 12,994 2030 12,647 14,163 15,575 ETH Price Prediction 20 26 By 2026, the value of Ethereum is expected to reach a high of $6,610. On the other hand, the Ethereum price might drop to $5,566, with an average of $5,713. Ethereum Price Forecast 2027 The Ethereum 2027 forecast expects the ETH coin price to make a new all-time high at $8,705. However, a correction based on market shortcomings may drive the ETH crypto to $6,800, with an average of $7,246. Ether Price Prediction 2028 In 2028, the chances of Ethereum dominating the crypto market rise as the ETH price potentially makes a new high at $10,410. On the other hand, the altcoin might fall to $8,613, making an average of $9,482. Ethereum Price 2029 Approaching its all-time high of $12,994 in 2029, the Ethereum price is expected to surpass the psychological barrier of $12,000. In case of a correction, $ETH may reach a low of $10,192, with an average price of $11,111. ETH Price Prediction 203 0 The ETH crypto price is projected to reach a new all-time high of $15,575 in 2030, with a potential low of $12,647 and an average price of $14,163. Ethereum Price Prediction 2031, 2032, 2033, 2040, 2050 Based on the historic market sentiments, and trend analysis of the largest altcoin by market capitalization, here are the possible Ethereum price targets for the longer time frames. .highcharts-legend { display:none; } document.addEventListener("DOMContentLoaded", function () { setTimeout(function() { Highcharts.chart('custom-chart-67d5d09daca06', { chart: { type: 'areaspline' }, title: { text: 'Ethereum (ETH) Price Prediction', style: { color: '#171717', fontSize: '20px', fontWeight: '500', } }, xAxis: { categories: ["2031","2032","2033","2040","2050"], title: { text: 'Year', style: { color: '#171717', fontSize: '16px', fontWeight: '500', display: 'block', align: 'middle' // Ensure it's aligned properly }, margin: 15 } }, yAxis: { title: { text: 'Average Price ($)', style: { color: '#171717', fontSize: '16px', fontWeight: '500', } }, labels: { formatter: function () { return this.value === 0 ? 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As per CoinPedia’s Ethereum (ETH) coin price prediction, the Bulls can hit $5,925 during 2025. Conversely, a rise in FUD amongst investors and a lack of updates could curb the value of 1 ETH at $2,917. Year Potential Low Potential Average Potential High 2025 $2,917 $4,392 $5,925 Check out, XRP Price Prediction 2025, 2026 – 2030! Market Analysis Firm Name 2025 2026 2030 Changelly $4,012.41 $5,375 $24,196 Coincodex $6,540.51 $3,816.62 $6,660.08 Binance $3,499.54 $3,674.52 $4,466.40 *The targets mentioned above are the average targets set by the respective firms. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Price Prediction 2030: Will XRP Hit $5 After the Ripple vs SEC Lawsuit? , .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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The current price of Ethereum is $1933.61. How high will the ETH price rise by the end of 2030? The largest altcoin’s price could propel to a maximum of $6,925 in 2025. ETH is expected to cross the $15,575 mark by 2030. What is the current ETH price? At press time, the Ethereum price trades at $1933.61. What will be the ETH Price tomorrow? Based on the current price trend, the ETH price tomorrow could range between $1,800 and $2,200. Will Ethereum Go Up? The $ETH price is expected to go up, as the FUD settles, and the altcoin season kickstarts. Why Is Ethereum Going Down? Amid the broader market sentiments and the stronghold of Bitcoin’s dominance, Ethereum price has been losing steam on its charts. What is Ethereum 2.0? Ethereum 2.0 is an updated version of the existing Ethereum blockchain, which aims to increase the efficiency, scalability, and speed of the Ethereum network. What will the price of Ethereum be in 2025? As per our Ethereum price prediction 2025, the ETH price could reach a maximum of $5,925. Will Ethereum hold onto its tag of the largest altcoin in the emergence of newer protocols? With its dominance in DeFis, NFTs, and widespread prominence, Ethereum will continue to hold the crown of the largest altcoin. With the merger with ETH 2.0, Ethereum’s hold would further grow stronger. Will Ethereum find more NFTs, DeFis, and other projects employing its network with ETH 2.0? Yes, the Ethereum network will eventually welcome more projects to be built on its chain, following its merger. It will also receive many improvements that will fundamentally strengthen the chain. Is Ethereum a good investment? As the altcoin season begins, the short-term gains make Ethereum a lucrative buying option. However, the long-term promises of this programmable blockchain make it a viable long-term crypto investment. How much would the price of Ethereum be in 2040? As per our latest ETH price analysis, the Ethereum could reach a maximum price of $123,678. How much will the ETH coin price be in 2050? By 2050, a single Ethereum price could go as high as $255,282. ETH BINANCE
Influencer Sentenced for Crypto and Real Estate Fraud Thomas John “T.J. Stone” Sfraga, posing as a crypto entrepreneur, was sentenced to 45 months in federal prison for operating a $2 million fraud scheme. Sfraga, a cryptocurrency industry regular, ran a Ponzi scheme disguised as a crypto investment opportunity. Fake Crypto Project and Ponzi Scheme Sfraga lured investors with a 60% return in just three months through his so-called “virtual wallet” scheme. But the scheme never existed. He used the money instead to pay for personal expenses and to repay earlier victims to keep the scheme going. Seinfeld-Inspired Fraud To present his business as legitimate, Sfraga asserted ownership of several firms, including “Vandelay Contracting Corp.,” named after the Seinfeld episode’s make-believe company. This was an added layer of deception, which misled investors into placing their trust in him. 17 Victims Targeted Sfraga’s scams reached as far as Brooklyn, Staten Island, and Long Island and bankrupted at least 17 investors. Some were convinced to loan him huge sums, including one man who entrusted him with $100,000 for what purported to be a construction project. Prosecutor’s Comments U.S. Attorney John J. Durham condemned Sfraga’s actions, citing the economic and emotional losses incurred by victims. Most of the victimized individuals were those he knew personally and with whom he was trusted with their savings. Crypto Scams on the Rise According to a survey by the North American Securities Administrators Association, crypto and social media scams are the biggest threat to retail investors in 2025. Figures indicate that 32% of fraud cases are from social media platforms like Facebook and X, and 31% from messaging apps like Telegram and WhatsApp.
The Rhodes Scholar and liberal media commentator said in a segment that aired Thursday, March 6, that cryptocurrency is a scam. She also slammed the White House for “playing this game.” MSNBC Host Rachel Maddow calls Trump’s Strategic Bitcoin Reserve a ‘deeply old-fashioned simple scam.’ She draws a striking comparison between crypto and Beanie Babies, saying, “Cryptos operate on the same idea. They have no inherent value at all, but people speculate, hoping… pic.twitter.com/KnJrRWRnDd — Coin Bureau (@coinbureau) March 8, 2025 President Donald Trump signed an executive order earlier that day establishing a national digital asset reserve. White House crypto czar David Sacks said , “The US will not sell any Bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency, often called ‘digital gold.'” “It’s worth looking at this crypto thing a little bit,” Maddow said on her show. “Only because it is a deeply, deeply old-fashioned simple scam. At this point, which points right to the White House.” Here’s what Maddow said about Bitcoin and what she got wrong. 1. Unlike Beanies, Bitcoin’s Price Goes Up “Helpfully, the broad strokes of crypto trading are not complicated,” Maddow said. “It’s like when there was the Beanie Baby craze in the late 1990s.” “It was a Beanie Baby trading bubble,” she explained. “Other than some emotional value if you had one as a child, Beanie Babies did not have much inherent value.” “But it was worth buying up a bunch of them because there was speculation on the premise that as collectibles, maybe one day your Beanie Babies collection could be worth a lot of money.” There is, however, a key difference between Bitcoin and Beanie Babies. While Beanie Babies debuted in 1993 at the World Toy Fair in New York City, this toy fad reached its height six years later in 1999. Following the dot com crash in 2000, the auction price frenzy for Babies never recovered to those levels again. To get a realistic idea of the aftermarket value of stuffed toys, one need only study a local thrift store in their city. But unlike Beanie Babies, Bitcoin’s price has been going up ever since it launched on Jan. 3, 2009. That’s 16 years of growth in daily exchange rate for the dollar that dwarves comparable ROIs from the highest- flying tech stocks in the stock market’s entire history. During its periodic bear markets, which have so far occurred on a fairly predictable 4-year cycle, critics have repeatedly called Bitcoin a fad and declared it dead. But every time the skeptics have turned out wrong when the price sets new all-time high records within four years. When it comes to historical records, there is no sensible comparison between Beanie Babies and Bitcoin. While the toy collectibles peaked in 1999 and never recovered, Bitcoin created 84,000 new crypto millionaires in 2024, according to a report on CNBC. 2. Beanie Babies Markets Are Not Liquid or Transparent “Cryptocurrencies operate on the same idea,” Maddow went on in her segment to say. “They have no inherent value at all. The only value they have is that if you have some reason to believe that somebody else might want to buy them from you in the future.” “What that means in very practical terms is that convincing other people that your crypto is popular and in demand— that is key to actually making money.” But it’s not true that cryptocurrencies operate on the same idea as toy and fashion manias or that assets like Bitcoin have no inherent value. Beanie Babies are not a financial product and do not bear qualities that would make them suitable for use as one. It is not as easy as sending an email to exchange a truckload of toy plushies, but it is very nearly that easy to exchange Bitcoin. It’s also unfeasible to keep track of how many Beanie Babies are in the market and post up-to-the-minute daily trading data about each one. It is not only feasible with Bitcoin and other cryptos like the ones going in the national reserve— computer developers engineered them that way. That’s part of the value they provide that makes it possible to use these digital commodities as financial products and investment vehicles: liquidity and transparency. 3. Beanie Babies Are Not Durable and Fungible Like Crypto Meanwhile, Beanie Babies are not durable and fungible like cryptocurrencies. Who wants someone else’s stuffed toy that they’ve been blowing their nose on and rubbing Cheeto grease into? These inventories have market values that are highly sensitive to wear and tear, and the products are very vulnerable to deteriorating into a condition with a resale value marked well below retail. Even when maintained in mint condition, after-market values for toy collectibles are more like the market for used automobiles. After being driven off the lot, they immediately and sharply depreciate. The inventors of crypto assets BTC, on the other hand, paid careful attention to designing their economics or “tokenomics” to optimize them for resale value over time and for the foreseeable future. Cryptocurrencies like the two mentioned above have supply limits that introduce scarcity economics. They are also not subject to deteriorating physical condition. In fact, any unit of Bitcoin is always equal to any other equivalent unit in market value. This is called fungibility, and it is a system requirement for an asset to function as a currency. 4. Beanie Babies Are Not Scarce Like Bitcoin “The idea of hyping cryptocurrency is that people should buy in soon, right?” Maddow continued on her show. “Get in on the ground floor while it’s cheap because it’s about to go way up in value because there’s so much interest in it. If you get in on the ground floor now, then you’ll make a bundle. It’s the whole hype. It’s the whole scam.” While it is true that participants in crypto markets may engage in inauthentic, hyped-up marketing tactics, that doesn’t make the underlying assets a scam. Nor does it mean there aren’t more intelligent reasons why financial geniuses like BlackRock’s Larry Fink , Shark Tank panelist Kevin O’Leary , or Strategy’s Michael Saylor believe investing in Bitcoin and the blockchain is not only not a scam— but the next phase of developing the Internet and human civilization. 5. Bitcoin Commands Real Demand, Not Just Hype After making all these mistakes in her broadcast, Maddow finally undid her own case completely with her closing thoughts on this segment. “Imagine Trump had just announced that the US government was going to buy up tons of Beanie Babies,” the MSNBC host said. “We are going to establish a federal government reserve of billions of Beanie Babies.” “What do you think would happen to the value of Beanie Babies? Turns out there’s a huge guaranteed buyer for these things. They’re buying billions of them.” The answer to her question is: Their value would probably go up like most analysts expect of Bitcoin. Since there’s a huge guaranteed buyer and that buyer is the US government. Not bad for a scam. The post Maddow Slams Trump and Calls Bitcoin ‘Scam’ – She Got These 5 Facts Wrong appeared first on CryptoPotato .