Day: January 8, 2025

Ripple Eyes XRP ETF Approval in 2025

Amid the growing popularity of Ripple’s stablecoin, RLUSD, Ripple President Monica Long has expressed confidence that an XRP Spot ETF could be the next major cryptocurrency investment product approved in the United States. Long highlighted the upcoming administration change as a key factor that could accelerate regulatory approval. Her remarks come at a time of […]

Peter Brandt Downplays Bitcoin Crash Risks Amid Market Dip

Veteran crypto trader Peter Brandt has dismissed fears of a Bitcoin crash despite current charts suggesting a potential drop to $73,000. In a recent X post, Brandt emphasized that price charts morph constantly due to crypto’s volatile nature and cannot reliably predict future trends. “Price charts don’t predict prices or trends,” Brandt said, explaining that […]

Finnish Police Seize $2.6M in Luxury Watches from Hex Founder

Finnish authorities have seized 20 luxury watches, valued at approximately $2.68 million, from Hex founder Richard Schueler (aka Richard Heart). Among the confiscated items were several Rolexes, discovered at a residence in Espoo, according to Finland’s national broadcaster, Yleisradio Oy (Yle). The seizure is part of an ongoing investigation into Schueler, who is wanted in […]

South Korea to Ease Institutional Crypto Trading Rules

South Korea is poised to relax restrictions on institutional cryptocurrency trading, signaling a significant shift in policy as the government aims to bolster the nation’s crypto industry. The Financial Services Commission (FSC) announced plans to grant institutions access to local crypto exchanges in phases, starting with non-profit organizations, according to a Yonhap News Agency report. […]

Pakistani Trader Kidnapped for $340K Crypto

A Pakistani cryptocurrency trader, Mohammed Arsalan, was abducted in a scheme allegedly involving local law enforcement officers. Arsalan was released only after transferring $340,000 in cryptocurrency from his Binance account to his captors. According to a report by local news outlet Dawn, the crime has led to seven arrests, including a member of the Pakistani […]