U.S. Elections Propel $407M Inflows into Bitcoin ETFs.

NAIROBI (CoinChapter.com)—Cryptocurrency investment products attracted a staggering $407 million in inflows last week, with Bitcoin ETFs leading the way. According to CoinShares’ latest report, this spike wasn’t due to economic factors but the growing political drama in the U.S. With the November elections fast approaching, investor interest in digital assets is picking up momentum.

CoinShares reports major investment inflows. Credit: X

James Butterfill, Head of Research at CoinShares, highlighted that U.S. election dynamics drove last week’s inflows. While strong economic data didn’t curb outflows, political developments—especially polling favoring Republicans—sparked new investments. He noted that Republicans are seen as more supportive of digital assets, boosting investor confidence.

On Oct. 10, polls indicated that Republicans could regain control of the Senate in the upcoming Nov. 5 elections.

U.S. Dominates Crypto ETF Inflows

The U.S. was at the heart of this surge, contributing $406 million of the total inflows. Canada added $4.8 million. Big players like the iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) were major beneficiaries, pulling in $158 million and $138 million, respectively.

Flows by assets (in millions of US dollars). Source: CoinShares

Meanwhile, short-Bitcoin products, investment vehicles that profit when Bitcoin’s price falls, saw $6.3 million in outflows, signaling that investors are increasingly bullish on the asset. Multi-asset products continued to attract inflows for the 17th consecutive week, bringing in $1.5 million.

Retail Investors Fuel Bitcoin (BTC) Demand

On-chain data from Santiment shows that retail investors and small whales holding between 10 and 1,000 BTC have consistently accumulated Bitcoin since the start of October.

In contrast, larger entities have reduced their holdings, signaling diverging strategies. Retail demand has created upward pressure on exchanges, bolstering Bitcoin’s price.

Bitcoin holdings of different cohorts of holders. Source: Santiment

CryptoQuant data confirmed a surge in Bitcoin (BTC) demand, with October’s fastest monthly growth since April 2024.

Bitcoin and Ethereum Witness Notable Weekly Gains

Bitcoin’s price soared to $66,455.16 this past week, notching a 6.87% increase. The surge in trading volume, which hit over $42 billion, reflects a vibrant activity level and strong market interest.

BTC and ETH market performance. Credit: CoinMarketCap

Similarly, Ethereum experienced a notable uptick in its price, rising to $2,651.68—a 10.19% gain from last week. With a trading volume close to $20.83 billion, Ethereum’s performance underscores a growing investor enthusiasm in the crypto space.

The post U.S. Elections Propel $407M Inflows into Bitcoin ETFs appeared first on CoinChapter.

The cryptocurrency market never sleeps, with prices moving rapidly due to news, speculation, and project developments. Today’s top gainers are Brett (BRETT), Ethena (ENA), and Worldcoin (WLD). Each of these three tokens has shown strong performance and ranks in top gainers.

Brett (BRETT) 

Brett (BRETT) rose by 15.73% to $0.1134. Its market cap reached $1.12 billion after a 15.95% increase. Brett’s trading volume climbed by 53.56%, totaling $95.08 million within the last 24 hours.

BRETT/USD Daily Price Chart. Source: CoinMarketCap

Meme coins like Brett often see rapid fluctuations, driven by community activity and market sentiment. This trend is typical of speculative cryptocurrencies with short-term trading interest.

Ethena (ENA) 

Ethena (ENA) surged 21.60% to $0.4081. Its market cap also rose to $1.12 billion, supported by a 165.71% increase in trading volume to $254.85 million.

ENA/USD Daily Price Chart. Source: CoinMarketCap

The surge follows a proposal to integrate Ethereal Exchange, a decentralized trading platform, with the Ethena network. This integration aims to strengthen USDe, Ethena’s synthetic stablecoin, by providing better liquidity management and additional trading tools. 

You May Also Like: $BRETT Is Now Listed on Leading South Korean Exchange Bithumb

Furthermore, Ethena holders will receive 15% of Ethereal’s future governance tokens, making ENA more attractive to long-term investors. Binance also played a key role in today’s rally by listing the ENA/USDC pair and introducing automated trading features like bots for the token, increasing accessibility and trading volume.

Staking activities have added to the momentum. A whale recently staked millions of ENA tokens, making them one of the largest stakers in the ecosystem. This massive staking action boosted market confidence and contributed to today’s price surge.

Worldcoin (WLD)

Worldcoin (WLD) cryptocurrency gained 15.11%, bringing its price to $2.31. The token’s market cap reached $1.23 billion, with trading volume growing by 73.29% to $399.95 million.

WLD/USD Daily Price Chart. Source: CoinMarketCap

In addition, the token is part of a project focused on creating financial inclusion using biometric technology. The increase in trading volume suggests growing interest in the project’s mission within the decentralized finance (DeFi) community.

You May Also Like: Why Cryptocurrency is a Game-Changer for Online Poker Tournaments

The post Top 3 Crypto Gainers Today: Brett (BRETT), Ethena (ENA), and Worldcoin (WLD) appeared first on CoinChapter.

Most people have the misconception that you need a fortune to make it in the crypto world. However, if you’re lucky enough to join the right project early, you can still make massive gains. In the past, altcoins like Solana and Dogwifhat (WIF) have managed to turn a few hundred dollars into millions. 

And it is still possible to make these life-changing gains if you spot the right opportunity early and benefit from the exponential growth of a project. 

Why IntelMarkets (INTL) Could Still Make New Millionaires in 2025

After going viral for its impressive AI features, IntelMarkets (INTL) is being labeled as the most exciting ICO of the year. The trading platform has gained praise for its unique integration of AI on the native blockchain layer. It is not surprising that the platform raised over $1 million within its first month of launch. As the first dual-chain token that supports both Solana and Ethereum ecosystems, INTL enables access to advanced trading tools and enterprise-grade data. 

While projects like Solana and Dogwifhat (WIF) have gone from newcomers to becoming leading altcoins with multi-billion market caps, experts believe that IntelMarkets (INTL) still has massive upside because of its recent launch. The platform comes with a range of unique features, including the Intell-Array data consolidation tool and a diverse multi-channel analysis capability. Users looking for liquidity can also enhance the power of their capital by accessing up to 50x leverage on their original capital. 

IntelMarkets (INTL) also adheres to the highest standards of security and transparency. This adds additional safety and trust for users of the platform. Additionally, the platform has gone through a comprehensive security audit by leading firm SolidProof. This ensures that traders on the platform are protected at all times. 

As a result of massive demand, IntelMarkets (INTL) has already sold out its first 2 presale stages and is currently available for investors at $0.02. The project is expected to roll out the Zirkon blockchain details and the Route X21 Wallet in the coming months, which are fueling additional hype. Community members that joined in Stage 1 have already witnessed a rally of over 400% within a few weeks and this momentum is only expected to get stronger as the next stages sell out. 

Solana (SOL) Rebounds Sharply After Sweeping Lows 

After days of bearish doubts, Solana has finally overcome critical resistance at $142 and surged with a daily increase of over 4.83%. However, its range bound movement on the long-term timeframe between $133 and $162 has raised concern about if Solana can re-touch its yearly highs above $200. 

Experts are optimistic about Solana’s future as the upcoming Frankendancer upgrade and an active memecoin ecosystem are igniting hope for investors. Projects like Dogwifhat are at the forefront of this resurgence and are currently leading gains in the market. 

Dogwifhat Explodes With Double Digit Gains 

Dogwifhat has established itself as one of the strongest memecoins in the market. The dog-inspired altcoin is currently up over 11% on the daily charts with a massive volume increase of over 25%. Traders trust the memecoin to be amongst the leaders in this race and surpass established names like Dogecoin and Shiba Inu. 

Additionally, Dogwifhat has received massive support from leading Twitter influencers including Ansem, which has resulted in an avalanche of capital entering the ecosystem. 

Conclusion 

With the crypto market set to enter its most important time of the year, projects like Solana and Dogwifhat are showing positive signs of recovery. However, if you’re looking for life-changing gains, your best bet is to enter early scale projects like IntelMarkets (INTL) that feature exciting AI features and is currently available at a massive discount for early buyers. 

Learn more about the IntelMarkets (INTL) presale: 

Presale: https://intelmarketspresale.com/Buy Presale: https://buy.intelmarketspresale.com/Telegram: https://t.me/IntelMarketsOfficialTwitter: https://x.com/intel_markets

The post Even Spare Change Can Turn Into Millions With IntelMarkets; Solana & WIF Brace for Weekend Gains   appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — Karate Combat plans to launch its UP layer-2 blockchain in Q1 2025. The new network, built on Hedera, will allow other sports, esports, and crypto projects to use its Up Only Gaming software. Already known for its KARATE token, Karate Combat lets users predict fight outcomes and earn rewards.

The upcoming $UP token will launch in 2025. 30% of the token supply will go to KARATE stakers. According to onlylarping, Karate Combat’s co-founder, they want to spread their tech to other sectors. The goal is to provide tools and grants to early partners.

Karate Combat Announces UP L2 Blockchain. Source: @onlylarping Karate Combat’s KC 50 Event and Crypto Integration

Karate Combat hosted its KC 50 event at Permissionless III in Salt Lake City, Utah. This event featured a fight between David Hoffman of Bankless and Kain Warwick of Infinex. Karate Combat continues to merge crypto with combat sports.

David Hoffman vs Kain Warwick Showdown at KC50. Source: KarateCombat

Moreover, Karate Combat expects to include more than 20 to 30 projects in its UP network before the official launch. The network will attract esports teams, poker tournaments, and more. onlylarping stated that they want to spread their Up Only Gaming software to different industries.

Karate Combat’s Vision for Layer-2 Network and Growing Partnership with Hedera

Karate Combat selected Hedera as its blockchain platform due to its strong relationship with the HBAR Foundation. Although Ethereum and Solana are more widely recognized, Hedera fully supported Karate Combat’s vision for its layer-2 network.

Above all, the UP layer-2 network will let developers use the Up Only Gaming software without needing to launch tokens on Hedera. Additionally, an open-source library will assist developers in integrating the technology, enabling Karate Combat to expand into other sectors.

The $UP token will also support early projects by funding a grants program.

The post Karate Combat Introduces UP Layer-2 Network for Blockchain Expansion appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — Donald Trump has announced the public sale of World Liberty Financial (WLF) tokens. The sale is scheduled to begin on Oct. 15, just three weeks before the U.S. presidential election. This marks the first time a U.S. presidential candidate has launched a crypto token sale so close to an election. The timing has raised concerns about possible conflicts of interest.

Trump Announces World Liberty Token Sale Date. Source: @realDonaldTrump World Liberty Financial Token Sale Set to Begin

The World Liberty Financial (WLF) token sale will soon offer WLFI tokens to the public. To start, 30% of the total tokens will be available for public purchase, while the remaining 70% will be reserved for insiders. In addition, the project aims to raise $537 million, and its total valuation stands at $1.8 billion. Furthermore, the sale is built on Aave’s DeFi protocol, allowing WLFI tokens to act as governance tokens. As a result, users will be able to vote on future development decisions, giving them direct input into the project’s direction.

The token sale is structured through Aave’s DeFi platform. It plans to provide liquidity for Ether (ETH), wrapped Bitcoin (wBTC), and other stablecoins. The project has pledged 7% of its tokens and 20% of future fees to Aave’s DAO.

Concerns Surrounding the Token Sale

The timing of this $1.8 billion token sale has raised questions due to its proximity to the election. Many have pointed to Donald Trump’s business history, casting doubt on the potential success of World Liberty Financial. Critics are also wary of the involvement of Zachary Folkman and Chase Herro, who were previously part of Dough Finance, a DeFi platform that lost $2 million in a July exploit.

Dough Finance Exploit Incident Summary. Source: Dough Finance

The post Trump’s World Liberty Financial (WLF) Token Sale Set for October 15, Sparking Conflict Concerns appeared first on CoinChapter.

Pi Network Mainnet Launch Speculation Grows—But Can It Overcome Red Flags?

NOIDA (CoinChapter.com) — Pi Network’s introduction of Testnet 2 on Oct. 8, 2024, sparked renewed speculation about the long-awaited Mainnet launch. The new testnet update allows a select group of node operators to switch between Testnet and Mainnet seamlessly, raising hopes for a smoother transition to the open network.

Additionally, the drastic reduction in transaction fees to 0.0000099 Pi stirred excitement among users. With a deadline for KYC verification looming in Dec. 2024, the community hopes these developments signal progress.

However, independent analyst Toghrul Aliyev, also known as u/doctorbirdbee, shared doubts about Pi Network’s future that still linger amid accusations of inflated user numbers and delayed timelines.

Negative Cues and Scam Allegations Surrounding Pi Network

Toghrul Aliyev’s report provides an in-depth critique of Pi Network, highlighting several glaring issues. He draws attention to the discrepancy in Pi Network’s user base—while the platform claims to have over 60 million users, only 6.2 million wallets have migrated to the mainnet.

Inconsistencies in the Pi Network user numbers could raise doubts about the project.

The substantial gap raises serious concerns about whether Pi is inflating its user figures to sustain interest in the project. Aliyev argues that this discrepancy could reflect a fundamental problem with the network’s scalability and credibility, casting doubt on its long-term viability.

Additionally, Aliyev pointed out Pi Network’s inflation problem, with the coin’s supply growing by over 106% in a single year. The rapid inflation threatens to dilute the value of Pi, especially in comparison to Bitcoin’s controlled inflation rate of 0.8%.

Pi Network supply inflation has outpaced most of its peers.

Without sufficient demand to match the growing supply, Pi holders could see their coins lose value before the network opens. Such inflation could undermine Pi’s value proposition as a sustainable cryptocurrency.

Aliyev also critiqued the project’s so-called mining mechanism, which requires users to tap a button daily to “mine” Pi. This button-tapping bears no resemblance to traditional cryptocurrency mining, which typically secures the network and validates transactions.

Instead, it raises questions about whether Pi’s model prioritizes user engagement and data collection through ads rather than decentralization and security. The mandatory KYC process only deepens these concerns, especially since Pi’s aggressive collection of personal information could suggest a data harvesting scheme rather than a legitimate blockchain project.

Despite the anticipation around the upcoming mainnet launch, these red flags continue to cloud Pi Network’s future. Pi’s scalability and credibility remain in question without addressing these fundamental issues, potentially hindering its long-term success.

Community Replies: Defending Pi or Hoping for a Miracle?

Following Aliyev’s critical report, someone from the r/PiNetwork, likely the moderator, responded defensively. The user claimed that despite only 6 million wallets, Pi’s exclusivity could ensure its future value.

Moreover, the reply argued that concerns about inflation were overblown, noting that Pi’s total supply would not hit 100 billion anytime soon. The user also stressed the importance of community strength, suggesting that Pi could one day rival Binance Coin (BNB), dismissing the current IOU prices as irrelevant.

Those defending Pi Network acknowledged that Aliyev’s report was well-researched.

However, Aliyev, responding under his Reddit moniker u/doctorbirdbee, countered that hope alone does not build value. He noted that data—not community loyalty—determines a cryptocurrency’s worth.

The analyst pointed out that Pi’s inflated market cap projections were reminiscent of Luna’s collapse and urged the community to remain cautious. In a subsequent reply, he dismissed privacy concerns surrounding Pi as overhyped.

Still, Pi’s KYC process could become a significant privacy risk, further eroding trust in the platform. With the testnet 2 launch news, the community has become more hopeful for a mainnet launch.

However, though the Pi Network community remains hopeful, Aliyev’s report serves as a sobering reminder of the hurdles the project must overcome to fulfill its promises. Without real progress on these critical issues, Pi Network risks being relegated to a footnote in cryptocurrency history.

The post Pi Network Mainnet Launch Speculation Grows—But So Do The Scam Allegations appeared first on CoinChapter.

A Shiba Inu (SHIB) trader, who made headlines after turning a modest $500 investment into an impressive $2.5 million with Pepe (PEPE), is now betting heavily on ETFSwap (ETFS) tokens . This ambitious move indicates the Shiba Inu (SHIB) trader’s confidence that the ETFSwap (ETFS) token, currently priced at $0.03846, could surge to $11 by 2025. 

ETFSwap (ETFS) Is Poised for Major Gains In 2025

The ETFSwap’s (ETFS) platform’s reputation as a pioneer in tokenization of ETFs and real-world assets is based on its solid utility and innovation. By providing a practical solution through its unique platform, the ETFSwap (ETFS) bridges the gap between decentralized finance (DeFi) and traditional finance. 

The development of the ETFSwap (ETFS) platform has reached a critical milestone. The backend has been fully developed and successfully deployed on the testnet, and with rigorous testing and optimization currently underway, the platform aims to offer an easy trading experience that reinforces its appeal to both individual and institutional investors.

The ETFSwap (ETFS) platform revolutionizes the concept of market-making and perpetual trading. The platform’s approach to liquidity, combined with zero rug-pull risks, provides a secure environment for investors. The ETFSwap (ETFS) platform will mint its native ETFS tokens to represent tokenized financial assets that have high value and are of top quality, such as commodities and real estate, from conventional markets as well as crypto ETFs like spot Bitcoin and Ethereum ETFs. 

The audacious Shiba Inu (SHIB) trader follows many crypto investors who are actively participating in the ongoing ETFSwap (ETFS) token presale to acquire as much of the ETFS tokens as possible to access ETFs at competitive prices and benefit from the platform’s excellent market-making expertise, which guarantees a stable inflow of optimal liquidity and the opportunity to participate in a variety of profitable liquidity pools and staking mechanisms that offer high returns. 

The ETFSwap (ETFS) platform allows crypto investors to diversify into traditional asset classes while staying within the decentralized ecosystem. This tokenization of assets also makes the ETFSwap (ETFS) platform highly attractive to institutional investors. They can access familiar financial markets through crypto, trading popular ETFs like Bitcoin (BTC) and Ethereum (ETH), while benefiting from the liquidity and innovation of the blockchain.

The stability of ETFSwap (ETFS) tokens provides a hedge for institutional investors against the volatility often seen in cryptocurrencies. The platform offers price-stable tokenized assets, allowing institutions to step into crypto with more confidence.

The platform’s staking and liquidity pools offer a source of passive income for users like the Shiba Inu (SHIB) trader to earn up to 87% in annual percentage yields (APY). The combination of staking rewards, trading options, and real-world asset backing positions the ETFSwap (ETFS) tokens as one of the most exciting opportunities for both retail and institutional investors in the DeFi space.

The ETFSwap (ETFS) platform has put its smart contracts through a rigorous audit by CyberScope. Also, all members of the ETFSwap (ETFS) platform’s team have completed their KYC verification by SolidProof.  

The valuable ETFS tokens are set for a remarkable price increase upon launch. The current presale price of $0.03846 offers investors the opportunity to be part of early adopters and enjoy the immense rewards that will come. 

Pepe (PEPE) Provides Short-Term Gains

Memecoins like Pepe (PEPE) have a high-risk, high-reward nature and lack intrinsic value. PEPE exploded in value thanks to community-driven hype, and the Shiba Inu (SHIB) trader’s timely exit brought in a $2.5 million windfall from just a $500 investment. However, meme coins like PEPE are notoriously volatile, relying on speculation rather than actual utility to drive value.

While PEPE created short-term wealth, it lacks the foundational strength of projects like ETFSwap (ETFS). PEPE has since experienced a dip in price and currently trades at $0.0000092. 

Conclusion: ETFSwap (ETFS) Could Be the Next Big Win

While Pepe (PEPE) offered a thrilling but risky ride, ETFSwap (ETFS) provides a more stable and growth-oriented investment. As crypto continues to evolve, projects with real utility like ETFSwap (ETFS) are the ones that will stand the test of time, and the Shiba Inu (SHIB) trader seems to have realized that. Getting in now could be like catching Shiba Inu (SHIB) or Pepe (PEPE) before their explosive run. 

For more information about the ETFS presale:Visit ETFSwap PresaleJoin The ETFSwap Community

The post Novice Shiba Inu Trader That Turned $500 Into $2.5 Million With PEPE Bets Big On ETFSwap (ETFS) To Run From $0.03846 To $11 By 2025 appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — The United Nations Office on Drugs and Crime (UNODC) raised concerns about cryptocurrency’s role in Southeast Asia’s organized crime. In a new report, the agency called for stronger regulations. It urged immediate action to stop digital assets from being used in illegal activities. Criminal groups, according to the report, are increasingly using cryptocurrencies like Tether for cross-border transactions.

Crypto-Enabled Crime in Southeast Asia

The UNODC report shows how Southeast Asia’s underground sectors are turning to cryptocurrency. Illegal online gambling, junkets, and underregulated casinos are using crypto for organized crime. These operations find it easier to move money and launder funds with digital currencies. They take advantage of the region’s weak regulatory framework to carry out these activities.

In addition, the report urges immediate action and better monitoring of these criminal activities. It emphasizes that law enforcement needs more training. This would help detect and tackle money laundering and other crimes involving digital currencies. Specifically, crypto’s speed in enabling cross-border payments makes it appealing to scammers in the region.

UNODC Report on Cyber-Enabled Crime in Southeast Asia. Source: UNODC Tether (USDT) Dominates Criminal Networks

The UNODC reported that Tether (USDT), especially on the TRON blockchain, serves as the stablecoin of choice for criminal networks in Southeast Asia. Criminal groups use Tether to move illicit funds efficiently, particularly for cyber fraud and money laundering. The report revealed that large sums tied to drug and human trafficking flow through Tether.

While people use stablecoins like Tether legitimately, the report highlighted USDT’s greater exposure to high-risk entities. These include online gambling platforms, risky exchanges, and cybercrime schemes. Additionally, authorities linked some Tether transactions to wallets associated with sanctioned entities, including North Korea’s Lazarus Group, known for hacking activities.

Crypto’s Role in Crime Overstated

Interestingly, despite concerns over the use of cryptocurrency in illegal activities, the UNODC noted that cash is still the preferred method for criminal enterprises. A recent report by Homeland Security Investigations (HSI) pointed out that regulated crypto platforms help law enforcement by providing transparency through blockchain technology.

Cryptocurrency’s Role in Illicit Finance vs. Traditional Systems. Source: Treasury’s 2024 National Money Laundering Risk Assessment

Moreover, according to data from Merkle Science, only 0.61% of Tether (USDT) transactions between July 2021 and June 2024 were flagged as potentially illicit. The percentage for USDC transactions was even lower, at just 0.22%. Above all, Chainalysis reported that illicit activities accounted for only 0.34% of all on-chain transactions in 2023, showing that the role of crypto in crime is smaller than often assumed.

The post UNODC Report Warns of Crypto’s Role in Southeast Asia’s Crime Networks appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — Marat Tambiyev, a former investigator with the Investigative Committee of Russia (ICR), has been sentenced to 16 years in prison for accepting a bribe of 1,032 Bitcoins, valued at around $65 million. Tambiyev received this payment from members of the Infraud Organization hacking group. The bribery scandal came to light after a thorough investigation into his conduct while probing the illegal activities of the hacking group.

Tambiyev had been with the ICR since 2011, handling several high-profile cases. He rose to the position of head of the investigative division in Moscow’s Tverskoy district before his arrest. The investigation revealed that Tambiyev accepted the massive Bitcoin bribe to protect two members of the Infraud Organization from having their assets seized.

Russian Investigator Sentenced Over Bitcoin Bribe. Source: Protos Bitcoin Bribe Allows Hackers to Avoid Confiscation

On April 7, 2022, Tambiyev allegedly accepted the 1,032 Bitcoins from Infraud members Kirill Samokutyaevsky and Konstantin Bergmanov. This payment allowed them to avoid confiscation of their illegal assets. A lawsuit filed at the Nikulinsky District Court of Moscow detailed how Tambiyev agreed to shield the hackers’ assets in exchange for the hefty bribe.

Authorities uncovered the bribe in early 2023 and immediately found that the 1,032 Bitcoins were worth about 1.6 billion rubles, setting a new bribery record in Russia. Investigators quickly located the Bitcoin in two online wallets. They accessed these wallets through Tambiyev’s Apple MacBook Pro, where a folder labeled “Pension” held the keys. Without delay, the investigators seized the funds and then transferred them to a Ledger Nano X hardware wallet.

Legal Team Plans Appeals After Sentencing

Tambiyev denied any wrongdoing, claiming that his actions had helped recover funds from illegal activities. Despite his defense, the court handed down a 16-year sentence. Kristina Lyakhovenko, a colleague of Tambiyev, was also sentenced to nine years in prison for her involvement in the case. Both defendants plan to appeal the court’s decision.

The Infraud Organization built a long criminal history, and several members now serve prison terms. Specifically, in 2021, authorities in the U.S. sentenced Sergey Medvedev from Russia and Marko Leopard from North Macedonia. Medvedev received a five-year sentence, while Leopard faced ten years behind bars. Both were convicted for trafficking stolen data and malware.

Infraud Cybercrime Members Sentenced. Source: U.S. Department of Justice Mass Arrests in Russia for Crypto-Related Crimes

Russia has taken a cautious stance on cryptocurrency following a 2022 ban. However, recent investigations have uncovered widespread illegal activity involving digital currencies. Additionally, authorities recently arrested nearly 100 individuals linked to the anonymous payment system UAPS and cryptocurrency exchange Cryptex. These suspects were involved in money laundering and the sale of bank cards.

Cryptex Exchange Suspects Arrested in Russia. Source: TASS

Notably, The U.S. Treasury Department reported that Cryptex processed more than $51 million from ransomware-related transactions and over $720 million tied to Russian cybercriminals. Primarily, this included mixing services and transactions through the sanctioned exchange Garantex.

The post Russian Investigator Jailed for 16 Years After Taking $65M Bitcoin Bribe from Hackers appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — MEETLabs has announced the official launch of its Web3 game, CoinFish, with an airdrop event planned for Oct. 23, 2024. CoinFish, part of the TON P2E ecosystem, offers a unique experience where players can fish, feed stray cats, and operate within a virtual aquatic market. With a 10-day countdown to the airdrop, the game’s release is anticipated in the blockchain gaming community.

CoinFish Launch Countdown. Source: @CoinfishFun CoinFish: A Web3 Fishing Game for the TON P2E Ecosystem

CoinFish introduces players to a Web3 game combining fishing and a business simulation. Players participate by fishing and nurturing stray cats while managing operations in the game’s fish market. Set in the fictional world of “Pearl Bay,” the story revolves around stray cats who rebuild their lives in an ecosystem disrupted by war and pollution. A polar bear character named Og, who becomes their companion, aids in their journey.

The game design takes inspiration from well-known brands and emphasizes character development as players accumulate fish coins and work towards creating a stable life for the cats in their new home. CoinFish integrates play-to-earn (P2E) elements, allowing players to earn while they engage with the game’s narrative and market simulation.

Features Enhance Player Engagement

The gameplay of CoinFish includes both fishing simulation and a virtual marketplace, where players can increase their income by engaging in fish market activities. In addition, players are not required to stay online continuously, as the game’s parallel simulation allows for offline play while still earning rewards. CoinFish also includes referral systems and daily tasks that help simplify the process of earning rewards.

Specifically, players can form groups to raise virtual cats, inviting friends to join them and share in the rewards. This social aspect of CoinFish adds another layer of interactivity, encouraging collaboration and community building within the game. The structure of the game supports easy engagement, offering daily activities and bonuses without requiring long hours of play.

Catch Me If You Can Fishing Adventure. Source: @CoinfishFun CoinFish as Part of MEETLabs’ CryptoPlay Project

MEETLabs is developing CoinFish as part of its CryptoPlay project. This project includes several Web3 and blockchain products. These games target both PC and mobile platforms, aiming to reach a wide audience. Furthermore, the full version of CoinFishing will release in Q4 of 2024. As a result, the features and gameplay of CoinFish will expand significantly, offering more content to users. Through this broader strategy, MEETLabs will continue to enhance the gaming experience and attract more players to the Web3 space.

The post TON P2E Game CoinFish Set to Launch with Airdrop Event on October 23 appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — According to the Federal Election Commission (FEC), Ripple co-founder Chris Larsen donated 1,754,815.29 XRP, valued at $1 million at the time, to the Harris-Walz 2024 Presidential campaign. The donation, made on Aug. 14, 2024, went to the pro-Harris Future Forward political action committee (PAC). This is the first documented crypto donation to Kamala Harris’s campaign, as reported by Fox Business journalist Eleanor Terrett.

$1 Million XRP Donation from Ripple’s Chris Larsen to Kamala Harris. Source: @EleanorTerrett

Future Forward PAC confirmed in September 2024 that it accepts cryptocurrency donations for the Harris campaign. This clarification followed previous reports that mistakenly claimed the campaign itself was accepting crypto donations directly. As of October 2024, Future Forward has collected over $200 million in contributions.

Chris Larsen’s $1 Million XRP Donation Detailed in FEC Filing. Source: FEC.gov Corporate Leaders, Including Larsen, Show Support for Kamala Harris

Chris Larsen’s donation aligns with broader support from U.S. business leaders. In September 2024, he joined 87 corporate executives in pledging their backing for Kamala Harris. The group expressed confidence in her potential to support American industries if elected. The executives emphasized that Harris has a strong record of advancing policies to encourage business investment in the United States.

Top CEOs Back Harris: Former Leaders of PepsiCo, Lyft, and More. Source: CNBC Crypto Industry Eyes Harris’s Digital Asset Stance

Moreover, the cryptocurrency sector has also been active in influencing Harris’s approach to digital asset policies. In September 2024, crypto advocates and executives raised $100,000 to sway her position on U.S. digital asset regulations. Above all, the industry hopes for a shift from the current administration’s stricter stance on cryptocurrencies.

In response, Harris’s campaign issued its first statement on digital assets in late September 2024. The statement emphasized investing in technologies like artificial intelligence and digital assets while ensuring consumer protection. However, this response echoed an earlier statement from the Biden administration in May 2024, suggesting no major policy changes for now.

Biden Vetoes SAB 121 Repeal, Faces Crypto Industry Criticism. Source: Blockchain Association

The post Kamala Harris Campaign Receives Major Crypto Donation of $1 Million in XRP from Ripple Co-Founder appeared first on CoinChapter.

Millennials are embracing crypto ETFs more than ever, with 62% integrating these digital assets into their investment portfolios. As enthusiasm for these ETFs surges, the demand for secure, lucrative crypto wallets becomes increasingly critical.

Trust Wallet’s Launchpool enables users to earn by staking tokens in innovative projects, fostering growth in the Web3 ecosystem while enhancing personal asset bases.

However, Plus Wallet offers a significant advantage with its automated reward system. Every transaction or referral seamlessly converts into additional earnings. This wallet not only streamlines crypto management but also converts daily activities into a consistent income source, making the crypto experience both straightforward and rewarding.

Millennials’ Growing Fondness for Crypto ETFs

Recent data from Charles Schwab indicates that crypto ETFs are quickly becoming the preferred investment choice among Millennials, with nearly 62% planning to allocate funds to crypto ETFs, marking a substantial shift from traditional assets like bonds and international equities.

This growing enthusiasm suggests that younger investors are keen to diversify their investment approaches. Unlike Boomers, who largely remain with traditional options—with just 15% exploring crypto—Millennials are spearheading the move towards alternative investments, altering the investment landscape for the next generation.

Exploring Trust Wallet’s Launchpool Feature

Trust Wallet has introduced its Launchpool feature, allowing users to augment their earnings by staking tokens in various emerging projects. As the pioneering self-custody wallet to offer this feature in a decentralized manner, Trust Wallet simplifies the process for users to support new projects while potentially enhancing their own investments.

By staking Trust Wallet Token (TWT) and other cryptocurrencies, users can secure tokens specific to new projects, presenting a lower-risk investment option compared to traditional investment platforms. CEO Eowyn Chen notes that Launchpool is integral to Trust Wallet’s strategy to promote a more expansive Web3 ecosystem.

The Growing Popularity of Plus Wallet’s Automated Rewards

Plus Wallet facilitates the growth of crypto holdings with minimal user effort. Its primary reward mechanisms, Swap to Earn and Refer to Earn, allow users to effortlessly increase their portfolios. Through Swap to Earn, each trade incrementally boosts the user’s assets, while Refer to Earn generates passive income from the transactions of connected friends, turning social interactions into financial benefits.

These continuous rewards position Plus Wallet as an appealing choice for individuals seeking to expand their crypto assets without constant monitoring. Active engagement in the app allows users to observe their investments grow effortlessly, converting regular transactions into automatic profits.

Beyond its reward system, Plus Wallet also simplifies common crypto operations. With Quick Send Contacts, users can store frequently used wallet addresses, streamlining transactions. The wallet’s mobile-first design ensures a seamless user experience across both iOS and Android platforms, accommodating both beginners and experienced users.

Furthermore, Plus Wallet prioritizes robust security. Advanced encryption safeguards users’ assets, creating a secure and user-friendly environment for effortless, automatic earnings. For those looking to elevate their crypto handling, Plus Wallet merges consistent rewards with simplicity and security.

Final Thoughts

As crypto ETFs redefine Millennials’ investing strategies, the quest for wallets offering both security and rewarding experiences intensifies.

Trust Wallet’s Launchpool provides an effective way to earn by staking and supporting new projects, offering users a glimpse into the expanding Web3 domain. 

However, Plus Wallet enhances the value proposition further. Its automated reward mechanisms enable users to effortlessly grow their crypto holdings—each trade or referral naturally enhances their assets, requiring no additional effort. For investors seeking a wallet that offers more than simple asset storage, Plus Wallet delivers an optimal mix of ease, security, and ongoing earning potential.

Explore Plus Wallet:Website: https://pluswallet.app/Download: https://onelink.to/pluswalletappTwitter: https://x.com/pluswalletappInstagram: https://www.instagram.com/pluswallet.app/

The post Plus Wallet vs. Trust Wallet: Which Offers Better Rewards for Millennial Crypto ETF Investors? appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — Blockchain data firm Arkham Intelligence is set to launch a crypto derivatives exchange next month, according to a Bloomberg report. The exchange will focus on retail traders and aim to compete with other platforms like Binance. The report, which cites a source familiar with the situation, indicates that Arkham’s exchange will be operational in November. First, the firm will secure a license in the Dominican Republic, where it plans to operate.

Arkham Computer Blockchain Data Overview. Source: Arkham Intelligence Crypto Derivatives Surge: Arkham’s ARKM Token Gains 17.5%

In September, crypto derivatives trading volume exceeded $3 trillion. This is up from $1.5 trillion in the same month last year, according to data from CCData. This sharp increase highlights the growing popularity of derivatives products among retail traders, a market Arkham plans to tap into.

Moreover, the crypto derivatives market has seen significant growth, with retail participation driving a large part of the trading activity. Established platforms like the Chicago Mercantile Exchange (CME) continue to introduce new products. On Sept. 29, CME launched Bitcoin Friday Futures (BFF), which recorded over 31,498 contracts traded on the first day. Additionally, the market for smaller contracts, like Coinbase’s nano Bitcoin futures, is also expanding. This indicates a growing appetite for crypto derivatives products.

Consequently, following the Bloomberg report, Arkham’s token, ARKM, saw an increase of over 17.5%, according to data from CoinGecko.

Arkham (ARKM) Price Surge and Market Data. Source: CoinGecko Recent Developments in Crypto Derivatives

Other exchanges have also moved into the crypto derivatives space. Crypto.com’s North American platform, Nadex, recently listed derivatives contracts tied to memecoins like Pepe (PEPE), Floki Inu (FLOKI), Dogelon Mars (ELON), and BONK, as confirmed by Commodity Futures Trading Commission (CFTC) filings.

CFTC Certifications for Cryptocurrency Contracts. Source: Commodity Futures Trading Commission (CFTC)

In addition, options on Bitcoin ETFs are expected to launch in the U.S. by Q1 2025, according to Bloomberg Intelligence analyst James Seyffart. Above all, as the demand for derivatives products continues to grow, Arkham is positioning itself to capitalize on this trend with its new exchange.

The post Arkham Intelligence to Launch New Crypto Derivatives Exchange in November appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — The United States Securities and Exchange Commission (SEC) has delayed its decision once again regarding options for spot Ethereum ETFs. This postponement extends the wait for a decision on whether the Cboe Exchange can list Ethereum options tied to exchange-traded funds (ETFs).

SEC Delays Spot Ethereum ETF Decision Until December

On Oct. 11, the SEC announced it would delay its ruling on the proposed options tied to spot Ethereum ETFs. This extension pushes the decision date from Oct. 19 to Dec. 3. The delay affects several popular Ethereum funds, including the BlackRock iShares Ethereum Trust and Grayscale Ethereum Trust.

SEC Filing on Ethereum ETF Options Delays. Source: SEC

The SEC had previously cleared Bitcoin ETF options in September, authorizing BlackRock’s iShares Bitcoin Trust to move forward. However, the agency has yet to approve any options tied to Ethereum ETFs, continuing its cautious approach.

Cboe Exchange’s Ethereum ETF Options in Limbo

In August, Cboe Exchange submitted a request to the SEC to list options for nine different Ethereum-focused ETFs. Among them were prominent funds like the Fidelity Ethereum Fund and Grayscale Mini Ethereum Trust. Despite the demand, the SEC’s decision to delay approval has left these requests pending for the time being.

The delay follows a similar situation in September when the SEC postponed a rule change request from Nasdaq’s electronic exchange. This request aimed to list options tied to Ethereum ETFs like BlackRock’s iShares Ethereum Trust.

Progress for Bitcoin ETF Options, Ethereum Still Waiting

While Ethereum ETF options face delays, Bitcoin ETF options are moving forward. On Sept. 20, the SEC authorized Nasdaq to list options for BlackRock’s iShares Bitcoin Trust. Now, the Bitcoin ETF options are awaiting approval from both the Commodity Futures Trading Commission (CFTC) and the Options Clearing Corporation (OCC).

SEC Accelerates Approval of Bitcoin ETF Options. Source: Eric Balchunas on X

According to Bloomberg Intelligence analyst James Seyffart, Bitcoin ETF options could be available in the market by the first quarter of 2025. He also mentioned the possibility of their launch by the end of 2024, depending on the final regulatory approvals.

Awaiting SEC Approval

Options allow investors to buy or sell assets at a specified price, and their listing on U.S. regulated exchanges adds a level of security through the oversight of the OCC. For Ethereum ETF options, this would create new opportunities for market participants while managing risks associated with price fluctuations.

Jeff Park from Bitwise Investments mentioned in a recent post that listing spot crypto options on regulated exchanges would be a significant development for the crypto market. It would provide new tools for investors while reducing risks.

Jeff Park Highlights Bitcoin ETF Options for 2025. Source: Jeff Park on X Financial Advisers’ Growing Interest in ETFs with Options

Financial advisers, who manage a large share of the $9 trillion ETF market, have shown increased interest in options. According to a survey by The Journal of Financial Planning, over 10% of advisers are using options in their client portfolios. With Ethereum ETF options awaiting approval, advisers and investors continue to follow these developments closely.

The post SEC Delays Spot Ethereum ETF Options Once Again appeared first on CoinChapter.

An analyst, known for accurately predicting Polkadot’s major price increase, now forecasts astounding 1200x gains for five unexpected cryptocurrencies. Readers will uncover which digital coins are set for explosive growth and could significantly impact the market. This article delves into the details, spotlighting the potential high-reward opportunities in the ever-evolving world of crypto.

CYBRO Presale Climbs Past $3 Million: A One-in-a-Million DeFi Investment Opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition.

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

>>>Join CYBRO and aim for future returns up to 1200%<<<

Exploring the FTT Token: A Key Player in the Crypto Derivatives Space

FTT, the token of the FTX trading platform, offers unique features for crypto traders. Launched with a focus on solving existing crypto futures issues, FTX attracts users with clawback prevention and universal stablecoin settlement. Traders benefit from a centralized collateral pool and leveraged tokens, facilitating easier market participation. The token also provides discounted trading fees, staking rewards, and insurance protection during market swings. FTT is involved in buyback and burn processes, aiming to maintain its value. With its range of features and backing from major industry players, FTT presents a range of opportunities for both individual and institutional participants in the crypto market.

Meme Coin SPX6900: A Light-Hearted Journey to Financial Domination

SPX6900 is a meme token inspired by internet culture. Its playful aim is to surpass the S&P 500 with a $69 trillion market cap. It’s a bold and imaginative concept that captures the fun side of cryptocurrency. The community embraces the belief that 6900 is better than 500, highlighting SPX6900’s appeal. The project demonstrates how humor and creativity can engage people. It showcases the potential influence of digital assets. This journey reflects the enthusiasm and optimism often found in the crypto world.

Kaspa: A New Direction in the Cryptocurrency Landscape

Kaspa is a cryptocurrency that stands out for its unique approach. It uses a consensus method called GHOSTDAG, which lets multiple blocks coexist rather than leaving some behind. This means the network can process a lot of transactions very quickly. Kaspa currently handles one block per second and aims for much more. It includes features like reachability for easy navigation of the network and SPV proofs for more secure transactions. With its technology, Kaspa could pave the way for new advancements in the crypto world, including layer 2 solutions. This makes it an interesting coin to watch in the world of digital currencies.

Jupiter: Powering Solana with Advanced Swap Solutions

Jupiter is a leading swap aggregation engine, providing key liquidity for the Solana network. It supports the Solana ecosystem by efficiently merging different liquidity sources. Jupiter is expanding its reach in decentralized finance, adding products like Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading. This positions the platform as an important player in enhancing Solana’s financial infrastructure. By offering a variety of trading tools and integrating multiple services, Jupiter serves both everyday users and experienced traders. Its role in streamlining transactions and improving access to various financial tools highlights its significance within the Solana DeFi landscape.

Conclusion

FTT, SPX, KAS, and JUP have less potential in the short term. CYBRO, a technologically advanced DeFi platform, offers investors unparalleled opportunities to maximize their earnings through AI-powered yield aggregation on the Blast blockchain. With features like lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience characterized by seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers.

Site: https://cybro.ioTwitter: https://twitter.com/Cybro_ioDiscord: https://discord.gg/xFMGDQPhrBTelegram: https://t.me/cybro_io

The post This Analyst Correctly Called Polkadot’s Massive Price Jump—Now He Predicts 1200x Gains for These 5 Surprising Cryptos appeared first on CoinChapter.

The cryptocurrency market is no stranger to surprises, and the latest developments in GoodEgg (GEGG) and Popcat (POPCAT) are turning heads. While Popcat (POPCAT) continues to perform well, the spotlight is now shifting towards GoodEgg (GEGG), which has sparked fresh energy in the market with a 230% surge during its presale. As speculation grows about GoodEgg (GEGG) surpassing Popcat (POPCAT), investors are closely watching both tokens for the next big opportunity.

GoodEgg (GEGG)’s Impressive Surge to Success

GoodEgg (GEGG), an AI-powered social dating meme coin, has seen an impressive 230% surge in value during its presale, raising over $729K. With 87.34% of the presale tokens sold, GoodEgg (GEGG) is quickly becoming a hot topic among investors. Priced at $0.00021 per token, the platform aims to revolutionize the dating industry by incorporating AI technology to create a unique social experience.

The potential of GoodEgg (GEGG) to disrupt both the social and financial sectors is driving its popularity, and many believe the token could outpace other meme coins like Popcat (POPCAT) once it reaches the open market.

Popcat (POPCAT) Drops Slightly But Holds Strong

Despite the buzz surrounding GoodEgg (GEGG), Popcat (POPCAT) remains a significant player in the meme coin space. In the past week, Popcat (POPCAT) experienced a price surge, hitting $1.41, supported by increased trading volumes and whale accumulation. The token’s strong performance has been fueled by its status as a cat-themed meme coin, which resonates well with a broad audience.

However, with GoodEgg (GEGG) gaining momentum, some investors are beginning to question whether Popcat (POPCAT) can maintain its lead in the meme coin market. The upcoming stages of GoodEgg (GEGG)’s presale and its eventual public launch will be crucial in determining whether it can overtake Popcat (POPCAT) in terms of both price and market capitalization.

Meme Dream: What Lays Ahead

The cryptocurrency market is notoriously volatile, and meme coins are no exception. Both GoodEgg (GEGG) and Popcat (POPCAT) offer unique value propositions, with GoodEgg (GEGG) focusing on social-fi innovation and Popcat (POPCAT) capitalizing on the meme coin trend.

While Popcat (POPCAT) has a well-established market presence, GoodEgg (GEGG) is quickly emerging as a serious contender in the space. Its innovative approach to combining AI with social interaction makes it a standout project, and its recent surge in presale has only added to the excitement.

In conclusion, as GoodEgg (GEGG) continues its presale success and Popcat (POPCAT) holds its ground, investors have the opportunity to diversify their portfolios with two promising meme coins. With speculation growing about GoodEgg (GEGG) surpassing Popcat (POPCAT), the coming months will be critical in determining which token comes out on top.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: Visit GoodEgg (GEGG)Telegram: https://t.me/GEGG_OFFICIALX/Twitter: https://x.com/GoodEggToken

The post Amid Mixed Market Signals, AI Virtual Dating Platform GoodEgg (GEGG) Sparks New Energy with 230% Surge, Speculation Grows on Surpassing Popcat (POPCAT) appeared first on CoinChapter.

The world of meme coins is evolving rapidly, and Popcat (POPCAT) has emerged as a top performer, gaining massive attention from investors worldwide. In the past 24 hours, Popcat (POPCAT) has seen a dramatic surge in trading volume by 109.30%, pushing its value higher as meme coin enthusiasts and whale investors accumulate more tokens. Meanwhile, GoodEgg (GEGG), an AI-driven social dating meme coin, has also gained traction, with over $717K raised during its presale as it inches closer to completion.

POPCAT’s Explosive Growth Amid Whales’ Interest

As of October 7, 2024, Popcat (POPCAT) continues to attract significant attention from whale investors, with many choosing to buy up large quantities of the token near its all-time high. These whale purchases have contributed to Popcat (POPCAT) reaching a trading volume of $184 million, solidifying its place as one of the most prominent meme coins in the market today.

The meteoric rise in Popcat (POPCAT)’s value can be attributed to the meme coin’s unique branding, featuring a cat meme theme that has gained widespread popularity across social media platforms. With a current market capitalization of over $1.3 billion, Popcat (POPCAT) has surpassed several other meme coins, including Floki Inu and Bonk. Analysts anticipate GoodEgg (GEGG) Will mirror their success.

Speculation around a potential Binance listing has also fueled the token’s rally. If Popcat (POPCAT) were to land on Binance, it could see even further growth, with many investors anticipating a new all-time high for the token.

GoodEgg (GEGG) – Fastest AI Crypto Presale

While Popcat (POPCAT) leads the meme coin frenzy, GoodEgg (GEGG) is making waves in its presale. The AI-powered social dating platform has already sold 87.34% of its tokens in the second stage of its presale, raising over $717K. Priced at $0.00021 per token, GoodEgg (GEGG) presents an opportunity for early investors to capitalize on its growing popularity before it hits the open market.

With a total of over 4.19 billion GoodEgg (GEGG) tokens sold so far, the project is quickly gaining momentum, with a potential price increase to $0.00031 in the next stage of the presale.

Investors’ Sentiment

Both Popcat (POPCAT) and GoodEgg (GEGG) offer unique opportunities for investors looking to diversify their portfolios. Popcat (POPCAT), with its strong market presence and potential Binance listing, remains a popular choice for those seeking meme coin exposure. On the other hand, GoodEgg (GEGG), with its innovative AI-powered dating platform, presents a more forward-looking investment in the burgeoning field of social-fi and meme coins.

In conclusion, the rising volume and market performance of Popcat (POPCAT), coupled with the presale success of GoodEgg (GEGG), highlight the evolving landscape of meme coins. Investors should take note of these developments as both tokens continue to gain momentum, offering potential opportunities for substantial returns.

Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community: Visit GoodEgg (GEGG)Telegram: https://t.me/GEGG_OFFICIALX/Twitter: https://x.com/GoodEggToken

The post Popcat (POPCAT) Soars with 109.30% Volume Surge, While AI Social Dating Meme GoodEgg (GEGG) Hits $717K in Presale, Investors Take Note as Coins Gain Momentum appeared first on CoinChapter.

Ripple CEO Slams SEC for Ignoring Court Ruling on XRP.

NAIROBI (CoinChapter.com)—Ripple CEO Brad Garlinghouse has intensified his criticism of the U.S. Securities and Exchange Commission (SEC) for ignoring a court ruling that declared XRP not a security.

Despite a decision in July 2023 by U.S. District Judge Analisa Torres, the SEC continues to insist on regulating XRP as a security, sparking frustration within Ripple and the broader crypto industry.

Ripple CEO Calls Out SEC Over XRP Dispute

Garlinghouse recently accused the SEC of acting “above the law” for disregarding the court’s judgment. Despite a clear ruling in Ripple’s favor, he expressed disbelief at the regulator’s continued pursuit of legal action against XRP.

The Ripple CEO’s comments followed Bitnomial’s lawsuit, challenging the SEC’s authority over XRP futures.

Ripple CEO Criticizes SEC’s Overreach on XRP. Source: Brad Garlinghouse/X

Ripple’s legal battle against the SEC gained new momentum after the crypto derivatives exchange Bitnomial filed a lawsuit. Bitnomial is challenging the SEC’s authority over XRP futures, arguing that the Commodity Futures Trading Commission (CFTC) should regulate XRP futures, not the SEC.

In its filing, Bitnomial noted that XRP is not classified as a security, and thus, its futures contracts do not fall under the SEC’s jurisdiction.

Ripple’s Legal Chief Calls SEC Actions Unconstitutional

Stuart Alderoty, Ripple’s Chief Legal Officer, has criticized the SEC for operating unconstitutionally. He pointed out that even when companies lose in court, the SEC harasses them into compliance with its regulations, which makes many question the SEC’s position as a regulator.

Alderoty also pointed out that it is dangerous to employ intimidation from the scene, as the SEC does. Otherwise, the agency can undermine its own authority by not accepting the court’s decision, which is not acceptable.

Stuart Alderoty Critiques SEC’s Actions Post-Court Loss. Source: X

Meanwhile, pro-XRP lawyer Bill Morgan and legal expert John Deaton accused the SEC of overreaching and questioned the agency’s motives.

Bitnomial’s lawsuit further complicates the SEC’s legal standing, especially as Ripple filed a cross-appeal in the SEC vs. Ripple case earlier this month. The SEC’s recent loss has raised doubts within the crypto community about its ability to regulate digital assets effectively.

XRP/USD 1-day price chart. Source: CoinMarketCap

Meanwhile, XRP gained only 0.15% on Oct. 12, closing at $0.5385, yet it lagged behind the broader crypto market, which surged 2.11%.

Ripple’s ongoing legal battle with the SEC has exposed deep fractures within the regulatory framework governing cryptocurrencies in the U.S.

The post Ripple CEO Slams SEC for Ignoring Court Ruling on XRP appeared first on CoinChapter.

As the cryptocurrency market prepares for its next major bull, It is time to look at Rexas Finance (RXS), which is on the rise in this crypto space. Rexas Finance is referred to as ‘the next Shiba Inu’ by an expert and is expected to dominate the crypto space by 2025. Priced at $0.060 in presale stage 4, this Real-World Asset (RWA) token promises terrific growth potential, having already gone further beyond the expectations of early investors. For most of this article, we will tell you why experts project a 15,000% price rise on Rexas Finance making it one of the best cryptocurrencies to replace tokens like Solana (SOL) and Cardano (ADA) in the upcoming bull market. We will also delve into what makes Rexas Finance so special including a very attractive $1,000,000 worth of tokens in various promotional opportunities.

Rexas Finance (RXS): The Next Shiba Inu?

It would not be an exaggeration to say that Rexas Finance has been likened to Shiba Inu owing to more than a potential for growth and the fever surrounding its presale. This has led to stage 1 early investors doubling their investment by over 105% as Rexas Finance progresses over stages 1, 2, and 3. As at stage 4, the token is selling at an all-time high price of $0.060 as the price continues to grow following the turning point’s endeavours. Having sold $2,750,000 worth and 65,000,000 RXS tokens during the presale so far Rexas Finance is set to be among the best-performing tokens in the year 2025. At the time of its listing, it would be selling for $0.20 and therefore those who join at the preselling rate of $0.060 now would receive a profit of 233.33% in a short amount of time. However, that is not the end of it, the long-term prospects look tougher as it is believed that Rexas Finance could grow to an astonishing 15,000% of what it is trading today which is $30, as it leads the bull run in 2025. There is no denying that it is not only an excitement but also due to solid fundamentals surrounding Rexas Finance. Rexas Finance is working towards the tokenization of real-world assets, an area that is becoming more popular among investors due to its promising potential to allow the indivisible fractional ownership of properties like real estate and other commodities. As it stands, Rexas Finance seeks to create a unique solution by eliminating traditional assets and augmenting them with blockchain technology, thus enhancing market benefit.

Price Predictions for Solana (SOL) and Cardano (ADA)

Apart from the Rexas Finance hype, analysts are positive about other significant cryptocurrencies as well. As of this writing, Solana (SOL) is trading at the value of $143 – For many, it is expected there will be a significant increase during the 2025 bull market cycle. Predictions on the channels suggest SOL may even spike to $350 owing to its strong ecosystem and the adoption of its fast-priced blockchain technology. Moving on to other tier-one cryptocurrencies, Cardano (ADA) is also due for a good performance. Currently trading at $0.34, ADA may find its way to $3 in the year 2025 $3, marking a beautiful surge in value. The new developers joining its blockchain and the continuous innovation and improvement of existing projects that are ecosystem-oriented set the foundation of positive expectations for the progress of Cardano. Even with such bullish views for Solana and Cardano given here, Rexas Finance is still the highlight. The potential for growth of 15,000% surpasses what the competitors SOL and ADA are expected to offer.

Rexas Finance $1,000,000 Giveaway

Rexas Finance has decided to reward its early investors – investors can expect a reward of as much as $1,000,000. In this presale, 20 lucky winners will each receive $50,000 worth of USDT, hence, this presale is not only a good investment opportunity but a very beneficial one. It is easy to participate in the current giveaway: investors have to make a minimum presale investment of 100$, provide their ERC-20 wallet, and perform some simple tasks. Inviting one’s friends to participate in the same project also makes the chances of winning higher for the participants of the promotion. Such a giveaway is unique as it allows joining an innovative project and potentially winning a life-changing reward.

Conclusion: Don’t Miss Out on Rexas Finance

Rexas Finance targets such competitors as it is very successful during presales, has an innovative idea fundamentally revolving around the concept of tokenization of real assets and has massive growth potential. Experts are already proclaiming it as the next Shiba Inu, with expectations of 15,000% up even by 2025, the opportunities to buy today will not remain for long. Take advantage of this opportunity and become one of the very first people in the world to participate in this transformational endeavour and experience its rapid expansion as well. 

For more information about Rexas Finance (RXS) visit the links below:Website: https://rexas.comWin $1 Million Giveaway: https://bit.ly/Rexas1MWhitepaper: https://rexas.com/rexas-whitepaper.pdfTwitter/X: https://x.com/rexasfinanceTelegram: https://t.me/rexasfinance

The post Expert Identifies ‘The Next Shiba Inu’ Ahead of the 2025 Bull Run, Gives Price Predictions for Solana (SOL) and Cardano (ADA) appeared first on CoinChapter.

Ripple Cross-Appeal Counters SEC as It Expands ‘Bank-Grade’ Custody Service.

NAIROBI (CoinChapter.com)—Ripple has filed a cross-appeal in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The company aims to challenge the SEC’s attempts to overturn a previous ruling that declared XRP, Ripple’s native token, not a security.

The Ripple cross-appeal against SEC is being submitted to the U.S. Court of Appeals for the Second Circuit. Ripple intends to address all legal arguments, including the definition of an “investment contract.”

Ripple Cross-Appeal Targets SEC’s Legal Push

Stuart Alderoty, Ripple’s Chief Legal Officer, clarified that Ripple isn’t leaving any stone unturned. He pointed out that the SEC had already admitted it wouldn’t challenge the decision that XRP is not a security.

However, Ripple expects the SEC to revisit its claims over exchange token sales. Alderoty remains firm, stating that the regulator will likely fail again, just as previously.

Ripple files cross-appeal against SEC. Source: Stuart Alderoty/X

Ripple CEO Brad Garlinghouse criticized the SEC’s approach, describing it as an attempt to create confusion rather than clarify regulatory guidelines for the crypto industry. He reiterated Ripple’s intent to continue leading the charge against the SEC’s “regulation-by-enforcement” strategy.

Brad Garlinghouse criticizes SEC’s impact on U.S. innovation. Source: X

The case took a pivotal turn in Aug. when Judge Torres ruled that while Ripple must pay a $125 million fine for unregistered institutional sales of XRP, secondary market sales of the token did not violate securities laws.

Ripple Expands with ‘Bank-Grade’ Custody Solution Amid Legal Battle

While Ripple faces its ongoing legal battle, the company is expanding its business. Ripple has introduced new features to its crypto custody platform to meet financial institutions’ needs. The updated platform integrates XRP Ledger (XRPL) to enable the tokenization of real-world assets (RWA).

Ripple introduces enhanced features for crypto custody. Credit: Ripple/X

According to Ripple’s press release, the updates include transaction screening services, additional hardware security module (HSM) options, pre-configured policy frameworks, and an improved user interface.

Ripple’s Senior Vice President of Products, Aaron Slettehaugh, highlighted the platform’s focus on meeting banks’ strict security and compliance needs.

The demand for secure crypto custody is growing, with Boston Consulting Group predicting over $16 trillion in assets under custody by 2030. Ripple’s platform has seen a 250% increase in customers, including major institutions like BBVA Switzerland and Societe Generale – FORGE.

Ripple’s expansion into crypto custody services comes as global regulators develop frameworks for digital asset management. Taiwan’s Financial Supervisory Commission (FSC) plans to launch a sandbox for crypto custody in early 2025. Three private banks in Taiwan have already shown interest in entering this space.

Standard Chartered also initially launched its digital asset custody service in UAE with Bitcoin after receiving a license from the Dubai Financial Services Authority. Ripple’s now offering more services is in line with this shift. On the one hand, it continues to offer custody services while battling legal cases from the SEC.

The post Ripple Cross-Appeal Counters SEC as It Expands ‘Bank-Grade’ Custody Service appeared first on CoinChapter.