Eddy Alexandre has been sentenced to nine years in prison for allegedly running a near $250 million scheme to defraud crypto investors. Alexandre operated a crypto trading company called Emini FX and is accused of defrauding 25,000 individuals. Eddy Alexandre is Heading to Jail U.S. Attorney Damian Williams offered his...
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The SEC Sees Crypto Differently from Practically Everyone Else
The Securities and Exchange Commission (SEC) sees crypto in a very negative light. However, according to many analysts, the financial agency stands alone in its views, and everything it considers differs heavily from the thoughts and ideas of the rest of the world. The SEC is Very Crypto Strict One...
“Easy Money,” New Anti-Crypto Book By Ben McKenzie, Available for Purchase
Ben McKenzie is an actor known for playing roles on “The O.C.” and “Gotham.” Recently, he published his new anti-crypto book “Easy Money.” Ben McKenzie Doesn’t Think Much of Crypto McKenzie is not a crypto fan; he makes that very clear in the book. Its pages contain long stories and...
Cardano (ADA) Price Analysis: Bears Active Below $0.28
ADA price is trading in a bearish zone below the $0.280 support zone against the US Dollar. The price is now trading below $0.270 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.270 on the 4-hour chart (data feed...
Ethereum Price Analysis: ETH Sits At Key Breakout Zone
Ethereum price is struggling below the $1,700 resistance against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hour chart (data feed from Coinbase). The pair could...
The U.S. is Tracking Bitcoin Transactions of Mexican Cartels
The Department of Homeland Security is working hard to bring down the activities of drug cartels that are either entering or doing business in the U.S. To do this, it’s striving to track all the crypto and bitcoin cartels use to engage in transactions. Cartels May Be Using Bitcoin Such...
Ripple Pushes Its Cross-Border Agenda Following SEC Win
Ripple is feeling very confident following its recent SEC victory. So confident, in fact, that in a recent interview, representatives said they think many banks will want to use XRP (the official cryptocurrency of Ripple) to aid in cross-border payments. Ripple Wants XRP to Be a Primary Cross-Border Tool The...
JPMorgan: Next Year’s BTC Halving Could Be Rough on Miners
A new report issued by financial powerhouse JPMorgan says the next bitcoin halving – which is presently scheduled to occur in 2024 – could make the playing field very difficult for crypto miners. JPMorgan on the Next Bitcoin Halving The bitcoin halving tends to occur every four years. Each time...
Stellar Lumen (XLM) Price Could Resume Downtrend Below $0.112
Stellar lumen price is struggling below the $0.125 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.123 on the 4-hour chart (data feed via Kraken). The...
Ripple Price Analysis: Bears Aim Fresh Drop To $0.485
Ripple price is facing resistance near the $0.535 level against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair (data source...