Do Kwon Pleads Guilty in $40B Terra Collapse
Do Kwon Pleads Guilty in $40B Terra Collapse
🤖 Do Kwon Finally Confesses
Do Kwon, Terraform Labs co-founder, admitted guilt to fraud charges related to Terra/Luna's $40B collapse, agreeing to forfeit $19M. The RFIA crypto bill faces opposition from Democratic senators who warn it could weaken SEC oversight and destabilize markets. Bitcoin shows technical signs of a potential double-top formation near $122K resistance. AI-focused tokens are gaining momentum in the altcoin sector.
The global crypto market cap sits at $4.18T, with Bitcoin dominance at 62.9%. ETF inflows remain strong, particularly for Ethereum products which saw $572M in net inflows. LINK outperformed with a 42% rally following new partnerships.
🚨 Crypto Weekly Recap 🚨 GENIUS Act passes 🏛️, Tron goes public 💰, BTC holds $105K 📈, Coinbase hires Obama aide 🧑💼, BlackRock adds $850M 🚀, SocGen drops stablecoin on ETH & SOL 🌍. More coming 👇 🔗medium.com/webility/weekl…
🚨 Crypto Week Heats Up 🚨 Do Kwon admits guilt in $40B Terra collapse ⚖️, Senators sound alarm on new bill 🏛️, BTC eyes a double-top ⏱, and AI tokens fuel altcoin hype 🤖. The market’s buzzing—catch it all below 👇 🔗medium.com/webility/weekl…
🚨 Crypto Just Got Hotter 🚨 U.S. stablecoin bill passed 🇺🇸, Ripple drops SEC appeal ⚖️, Coinbase pumps on clarity 🦅, BTC holds above $105K 🚀, and ETFs stack $2.9B in flows 💼. Altcoin ETFs coming soon?👀 Bull vibes are building 👇 🔗medium.com/webility/weekl…
👀Crypto popped off this week 🚀 BTC ETFs raked in $1B+ as prices held near $108K 💸. Trump’s “Blue Chip” ETF filing 📦 and upcoming 🇺🇸 Crypto Week heat things up — but altseason’s still missing 🥶 with the index <30. More in the link below👇 🔗medium.com/webility/weekl…
🚨 Crypto Just Got Real 🚨 Stablecoin rules passed 🇺🇸, $90M nuked in Iran hack 💣, Coinbase flies on policy wins 🦅, BTC blasts past $106K 🚀, and the U.S. just dropped a 200K BTC flex 💼. Bull market energy? 👇 🔗medium.com/webility/weekl…
🚨 Crypto Weekly Recap 🚨 Bitcoin blasts past $110K 🚀, Trump files for a BTC ETF 🏛️, and Ethereum rallies above $6.2K 📈. UK may lift retail crypto ETN ban 🇬🇧, Solana climbs as congestion eases 🔧. Stay tuned for more 👇 🔗medium.com/webility/weekl…
🚨 Crypto Momentum Reloaded 🚨 ETF outflows shake the market 📉 meanwhile MicroStrategy drops $2.4B on BTC 💰, small caps hoard ETH 📈, and the SEC kicks off “Project Crypto” 🔍. $166K BTC predictions back in play? 👀 Catch the heat below 👇 🔗medium.com/webility/weekl…
🚨 Crypto Weekly Recap 🚨 GameStop dives into Bitcoin with $513M buy 💸, Solana hits $195 as DeFi heats up 🔥, and Coinbase expands with 130+ new hires 🏢. More coming soon 👇 🔗medium.com/webility/weekl…
🚨 Crypto Just Got Wilder 🚨 BTC blasts past $123K 🏛️, “Crypto Week” shakes up D.C. 🇺🇸, Trump meme-coin unlock nears $500M 🌊, Standard Chartered opens BTC/ETH spot trading 🏦, and big banks pile into stablecoin talk 💼. Buckle up 👇 🔗medium.com/webility/weekl…
🚀 Crypto Isn’t Slowing Down 🚀 GENIUS Act becomes law 🏛️, global market cap rockets past $4T 📈— altseason whispers louder each day 👀. Don't miss out what's new below👇 🔗medium.com/webility/weekl…
JPMorgan Chase Now Permits Client Bitcoin Investment
JPMorgan Chase CEO Jamie Dimon announced the bank will allow clients to invest in Bitcoin, marking a significant shift despite his personal skepticism. The decision reflects growing institutional acceptance of digital assets. Bitcoin currently trades at $106K with a market cap of $2.13T. The U.S. Senate advanced the GENIUS Act for stablecoin regulation, while the SEC charged Unicoin executives with $100M fraud. Coinbase disclosed a cyberattack involving bribed overseas contractors accessing customer data. Meanwhile, Ripple received NYDFS approval to launch RLUSD stablecoin.
Bitcoin Hits Record High Amid Trump Inauguration and $TRUMP Token Launch
**Key Market Movements:** - Bitcoin reached new ATH of $109,140 before retracing to $102,286 - Global crypto market cap rose 11.31% to $3.74 trillion - Trading volume decreased 25.46% to $367.54 billion **Notable Events:** - $TRUMP token launched, surging from under $10 to $74.59 before settling at $36 - Post-inauguration sell-off triggered market-wide correction - Concerns raised over potential conflicts of interest with Trump-affiliated tokens **Market Outlook:** - Analysts identify key support levels at $92K, $87K, and $74K - Resistance levels watched at $106K and $120K - Institutional interest remains strong despite volatility
Bitcoin Hits $95K as Crypto Markets Start Strong in 2025
The cryptocurrency market begins 2025 with significant momentum: - Bitcoin reaches new heights at $95K, continuing its upward trajectory from late 2024 - XRP demonstrates strong performance with a 10% increase - TRON achieves milestone by entering cryptocurrency top 10 rankings This follows the November 2024 rally where Bitcoin hit $89K, driven by political developments and institutional interest. Market sentiment remains positive as we enter the new year. *Key context:* Previous growth was supported by corporate investments, including MicroStrategy's $2B Bitcoin purchase and strong performances from crypto mining stocks.
Weekly Crypto Market Update - January 2, 2025
Bitcoin maintains strong position above $90,000, showing potential for $100,000 mark. ETH rises 2.35% to $3,416.24, while XRP surges 15.24% to $2.42. Global crypto market cap reaches $3.37T with 3.17% daily increase. Bitcoin leads at $95,729 with 56.26% market dominance. Key developments: - Do Kwon extradited to US for fraud charges - UK crypto ad compliance issues persist - XRP dominates Korean trading volumes - TRON enters top 10 rankings, replacing Avalanche Market sentiment remains positive amid institutional adoption and strategic reserve discussions.