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The SEC filed a brief to dismiss the lawsuit against Debt Box. Reportedly, the SEC’s dismissal is to evade facing possible monetary sanctions. The filing asked for a dismissal without prejudice, leaving the door open for future lawsuits. The U.S. Securities and Exchange Commission (SEC) filed a brief in the Debt Box case, revealing that the regulator intends to dismiss the lawsuit against the crypto company.  In a January 30 filing to the U.S. District Court of Utah in the SEC’s case against Debt Box, the SEC determined that dismissing the lawsuit is the “best way to proceed.” The court filing said, “The Commission has determined that the best way to proceed is to dismiss this action without prejudice.”  Fox Business Journalist Eleanor Terrett highlighted that the reason behind the SEC’s dismissal is to avoid facing possible sanctions from the court for misleading statements. The SEC believes that while their attorneys should have been “more for...

A Spanish court has extended a probe into Russia’s alleged involvement in Catalonia’s independence plans after the presiding judge was anonymously sent a two-year-old news report that revealed the name of the Russian diplomat supposedly involved. Nikolau Sadovnikov was named in the article published back in May 2022 by the Organized Crime and Corruption Reporting Project (OCCRP). The article detailed the relationship between Sadovnikov and Catalonia’s former regional leader Carles Puigdemont, and a supposed deal between the two that saw Sadovnikov promise $500 billion and 10,000 Russian soldiers to aid Catalonia’s independence efforts. In return, Sadovnikov requested that Catalonia loosen its laws on crypto and become the virtual currency equivalent of Switzerland. He also wanted the region to refrain from criticizing Russia for its treatment of opponents. No firm commitments were reportedly made. Despite this promise, it appears Puigdemont only ever received...

Chinese authorities are significantly preparing to amend their anti-money laundering (AML) regulations. According to regional media reports, Beijing is set to amend its anti-AML rules to include crypto currency-related transactions amid calls for greater scrutiny of the nascent crypto industry from the country’s policymakers. This will be the first significant overhaul of China’s AML rules in 17 years since they were introduced in 2007. Prime Minister Li Qiang chaired the executive session of the State Council to discuss the revised AML law. The country’s first revised draft of anti-money laundering regulations was proposed in 2021, and the revised draft was included in the State Council’s legislative work plan in 2023 and will be signed into law by 2025. You might also like: China’s central bank lists crypto-assets in financial stability report In September 2021, the Chinese government also banned all crypto currency transactions, saying that usi...

Shiba Inu has failed to shed a zero this year. The second-largest meme coin would need to soar well over 1,000% to reach the ambitious future price targets theorized by proponents. Doing so potentially hinges on consolidating more global market share. Currently, SHIB sits outside the top 15 crypto assets with a comparatively paltry $5.2 billion market capitalization. That equals about 0.3% of the $1.69 trillion aggregate valuation for all digital assets. Also read: Shiba Inu (SHIB) Forecasted To Reach $0.001: Here’s When What will happen if Shiba Inu captures 5% of the market cap? If frenzied retail interest allowed the meme coin to seize just 5% of the total crypto market cap, its capitalization would reach $80 billion. At the current SHIB circulating supply, that would hypothetically drive per-token values to $0.000137. Such prices would represent a dizzying 1,416% leap from today’s $0.000009 level. October 2021’s record high of $0.000088 seems suddenly within...

News has been spreading across X (formerly Twitter), claiming that zero homicides have been reported in El Salvador so far in 2024. This sounds like an incredible feat — unfortunately, it’s also completely untrue. But, surprisingly, this time, it’s not the country’s controversial pro-Bitcoin president Nayib Bukele or his government that’s to blame for the outlandish claim . Rather, it appears to be down to poor reading skills on the part of a popular ‘anti-woke’ X account. X account @EndWokeness claimed, “0 homicides in El Salvador this year so far. Until recently, El Salvador had the highest homicide rate on earth.” It then added, “Incarceration works.” 0 homicide s in El Salvador this year so far. Until recently, El Salvador had the highest homicide rate on earth. Incarceration works. pic.twitter.com/3d8cF0ZgGK — End Wokeness (@EndWokeness) January 28, 2024 The claim prompted numerous X users to voice their support for Bukele’s no-nonsense, tough-on-crime leade...

Selecting the best brokerage is important for confident trading, as it can significantly impact success. Market participants, always in search of reliable platforms, are now focusing on AMP Futures and Evolve Markets. In this review, Traders Union evaluates the features and services of both companies to aid informed decisions. A closer look at AMP Futures  AMP Global Clearing, known as AMP Futures, stands out as a reputable and licensed broker offering access to major futures exchanges and the Forex market. Positioned as a reliable choice for active traders, it particularly caters to the needs of experienced market participants. While the minimum deposit and spreads may not be ideal for beginners, AMP Futures provides a valuable learning experience through an unlimited demo account. Accordingly, individuals using MetaTrader 5 enjoy the benefits of the All-in-One Account service, enabling seamless trading of futures, Forex, and CFDs. In addition, the platform grants direct acc...

A crypto trader was able to print more than $1.6 million in gains after getting in early on the Solana meme coin Wen (WEN), according to the on-chain tracking platform Lookonchain. “In just 14 hours, this trader made over $1.6 million trading MEME coin WEN!” the platform said in a post on X.   WEN Trader Still Has $941,000 In Unrealized Profit Lookonchain said the trader made $682,000 in USD Coin (USDC) and held an additional $941,000 in unrealized profits sitting in a wallet. “He spent 125,500 USDC to buy 20 billion WEN when WEN opened trading, and sold 12.5 billion WEN for 807,000 USDC, realizing a profit of 682,000, “ said Lookonchain.  The platform said that the trader “currently holds 7.6 billion WEN tokens.” Over the past 24 hours, WEN surged  more than 24% to trade at $0.0001594 as of 5:50 am EST, according to CoinMarketCap data.  Traders Capitalize On Solana Meme Coin Frenzy  Solana meme coins have been in the ...

Jan 29, 2024 at 08:06 // Price Author Coin Idol The price of Solana (SOL) falls below the moving average lines, but then rises again. Solana coin price Analysis by Coinidol.com. Long-term forecast for the Solana price: bearish On January 23, Solana fell to a low of $78.99, but the bulls bought the dips. Buyers continue to drive the altcoin even though it remains between the moving average lines. If the buyers keep the price above the moving averages, the positive trend will resume. The altcoin will rise and return to its previous highs of $110 and $12...

As Bitcoin (BTC) experiences a short-term bullish price trajectory, attention has shifted to the cryptocurrency’s ability to sustain the gains in the coming months. Indeed, Bitcoin is supported by several key catalysts, with the recently approved spot Bitcoin exchange-traded fund (ETF) considered a long-term driver. At the same time, the upcoming halving event also complements this bullish sentiment. To gain perspective on Bitcoin’s next movement, two crypto analysts, including Alan Santana and the one who goes by the pseudonym best_analysts on X (formerly Twitter), believe that Bitcoin’s future holds both thrilling potential and immediate turbulence. Bullish consensus for Bitcoin  While the analysts diverge on the timing of specific price movements, they agree on the overall trajectory: a significant bull run culminating in a new all-time high in 2025, fueled by the upcoming 2024 halving event. Cryptocurrency BTC has potential to rise this much on...

Unlock lucrative investment opportunities with cutting-edge crypto assets as we analyze the top trending coins on DEXTool to help investors stay ahead of the curve and maximize their ROI potential in the volatile crypto market. As Bitcoin price has risen by 4% in the last 24 hours, traders are actively seeking new coin listings on DEXTools for potentially higher upside potential. DEXTools is rapidly expanding, with new projects launching daily. These projects often showcase unique use cases and value propositions to distinguish themselves from others. This article will spotlight 3 of the most talked-about new coin listings currently trending on DEXTools. Top Trending Crypto Coins on DEXTools X is our top trending coin on DEXTool today, having recorded a 136% increase in the last 24 hours, with a Dext score of 97. This surge came after the X team announced on Twitter that they had launched the rescue protocol. The protocol follows their migration to $Xers, which has been updated on ...

A Silk Road drug lord who was extradited from the U.K. admits to operating an illicit drug network and surrenders $150 million in crypto .  According to the U.S. Department of Justice, Banmeet Singh, a 40-year-old individual from Haldwani, India, has pleaded guilty to operating an illegal drug distribution network. He utilized various dark web platforms, including notable ones like Silk Road, Alpha Bay, and Hansa, for selling an array of controlled substances.  Singh’s operation involved customers placing orders through his online storefronts and paying in crypto currencies. He then facilitated the shipment of these drugs, primarily from European sources, into the U.S. via postal services or other delivery methods. Banmeet Singh plead guilty today in a dark web narcotics case involving $150 million, which is believed to be the largest single crypto currency financial seizure in DEA history. Read more about it here https://t.co/fxcNXfBNbu. pic.twitter.com/i372s0Z9zl ...

In a groundbreaking move that marks a significant development in the ongoing Silk Road saga , The United States government has announced its intention to auction off approximately $130 million worth of Bitcoin . This cryptocurrency windfall was previously seized as part of the high-profile Silk Road investigation , shedding light on the government’s evolving approach to handling digital assets associated with criminal activities. The Silk Road Case and Forfeiture The genesis of this digital asset auction can be traced back to the US District Court for the District of Maryland’s recent ruling in the case of US v. Joseph Farace . The cryptocurrency at the centre of this sale was initially confiscated from two key individuals, Ryan Farace and Sean Bridges , whose involvement in money laundering conspiracy and illegal drug sales on the dark web had landed them in legal hot water. Court documents dated January 8, 2024, officially confirmed the forfeitu...

In a recent significant development, a US judge handed down a ruling that determined Ripple’s XRP should not be classified as a security. However, the lawsuit still keeps dragging on with no proper closure date. As a result of this pivotal decision, the price of XRP experienced a remarkable surge in the market. However, the surge was short-lived. XRP’s price has not been quite as high as compared to other altcoins. XRP is trading at $0.5103, with no major value over the past 24 hours. XRP is down 10% over the last 7 days and 18.4% in the last 30 days. Here is our price prediction for Ripple XRP for February. Also read: Dogecoin (DOGE) February Price Prediction Ripple price prediction for February 2024 Cryptocurrency experts at Changelly have given their price prediction for Ripple XRP for February. According to the analysts, XRP is forecast to reach a minimum of $0.544 and a maximum of $0.674. The average price of XRP is expected to be $0.609. Also read:...

The Solana price has climbed 1.5% in the last 24 hours to trade at $87.79 as of 4:29 a.m. EST on trading volume that plunged 32% to $2 billion. Despite the surge, Crypto analysts Bluntz is among several experts on X who see the SOL price plunging to as low as $70. $SOL also looking like all these weeks of sideways was probably some kind of B wave triangle. ill be interested again in the low $70s pic.twitter.com/0n3rI6rUaO — Bluntz (@Bluntz_Capital) January 22, 2024 The analyst also says that SOL has recently followed a distinct trajectory called the “B wave triangle” occurring within the correction phase, typically characterized by a cryptocurrency’s value forming a sequence of lower highs and higher lows.  This pattern indicates a period of consolidation before a significant movement in either direction. Bluntz foresees a potential decrease in SOL as an opportunity to “buy the dip,” expressing that aggressive buying, or “max bid...

Stellar (XLM) is gearing up for the launch of smart contracts on the mainnet. Meme Moguls (MGLS) could be the standout crypto meme project in this market cycle. MGLS price in presale stage 5 is $0.0036, up 89% from the initial $0.0019. Stellar announced on Wednesday that a vote for its highly anticipated software upgrade, the Protocol 20 upgrade, will happen as planned on January 30, 2024. XLM price flipped positive in the past 24 hours as the potential impact of the upcoming network change drives fresh interest. Elsewhere, market confidence in new meme-backed exchange Meme Moguls (MGLS) has seen investors flock to its presale. Find out why XLM and MGLS could be great investment opportunities in 2024 and beyond. Stellar poised for Protocol 20 upgrade In December 2023, the Stellar Development Foundation (SDF) announced that the quest to bring smart contracts functionality to Stellar had hit a new milestone. It was that the network would have its Soroban sma...