Global crackdowns target crypto scams and AI deepfake fraud
Vietnamese authorities have taken action against a group of individuals involved in a cryptocurrency mining scam. According to reports, the suspects were arrested by police for their involvement in a fraudulent scheme that promised high returns on investments in cryptocurrency mining. This news comes as a warning from Springfield, who has cautioned the public about the dangers of ATM fraud. In a separate incident, authorities in Hong Kong have busted a group of scammers who were using artificial intelligence to carry out fraudulent activities. These recent events serve as a reminder to always be cautious when dealing with cryptocurrency and to stay vigilant against potential scams.
Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
According to Matrixport, the trading volume of USDt has decreased by $100 billion since mid-December. However, they believe that it may be too early to assume a bearish trend. This statement comes as the market has seen a decline in USDt trading, with a decrease of $100 billion. Matrixport also notes that this decline may not necessarily indicate a bearish market, and it is important to consider other factors before making any conclusions. The company’s analysis suggests that there may be other factors at play, and it is important to carefully monitor the market before making any investment decisions. Additionally, Matrixport highlights that the market is constantly evolving and it is crucial to stay informed and adapt to changes in order to make informed investment choices.
XRP price chart 'bull flag' targets $15 amid increasing open interest
The recent price movement of XRP has formed a classic bullish continuation pattern, indicating a potential uptrend with a target profit of approximately $15. This structure is a positive sign for investors and traders, as it suggests that the price of XRP may continue to rise in the near future. With this bullish formation in place, it is a good time to consider investing in XRP and potentially reap the benefits of its potential price increase.
MiCA can attract more crypto investment despite overregulation concerns
The implementation of MiCA regulations is expected to have the greatest impact on European retail investors, particularly in terms of stricter data collection practices and the potential implementation of cryptocurrency taxation laws. This is likely to be felt through increased compliance requirements and potential financial implications for investors. Additionally, the regulations may also lead to changes in the way retail investors interact with and use cryptocurrencies.
Crypto ETPs start 2025 with $585M inflows — CoinShares
According to a recent report by CoinShares, US-based Bitcoin ETFs were responsible for the entirety of the $44.2 billion inflow into crypto ETFs in 2024. This marks a significant milestone for the industry, as it demonstrates the growing popularity and acceptance of Bitcoin as a legitimate investment vehicle. The report also highlights the increasing demand for crypto ETFs, with the US market leading the way in terms of adoption and investment. This surge in inflows is a clear indication of the growing confidence in the potential of cryptocurrencies, and it is expected to continue in the coming years.
Trader turns $2K into $3.2M in 10 hours on metaverse token
Despite the recent downturn in the cryptocurrency market, one savvy trader managed to make an impressive 1,500-fold return on their investment. This remarkable feat serves as a testament to the potential for significant gains in the volatile world of crypto trading.
MicroStrategy kicks off 2025 with 1,070 Bitcoin purchase announcement
In the final days of 2024, MicroStrategy made a significant move by purchasing more Bitcoin, marking the start of a new year with a bold investment. This latest acquisition was revealed at the beginning of 2025, showcasing the company’s continued interest and confidence in the cryptocurrency. The purchase was made in the last two days of the previous year, solidifying MicroStrategy’s commitment to the digital asset. To further emphasize their dedication, a visual representation of the purchase was shared, featuring an image of the company’s logo alongside the Bitcoin logo. This strategic move by MicroStrategy demonstrates their belief in the potential and value of Bitcoin, setting a positive tone for the year ahead.
GSR secures UK FCA approval, expands regulated crypto services
GSR, a leading cryptocurrency trading firm, has recently received regulatory approval in both the United Kingdom and Singapore. This milestone allows GSR to expand its services and cater to institutional clients in these two major financial hubs. The company’s success in obtaining dual regulatory approval further solidifies its position as a trusted and compliant player in the crypto trading industry. As a result, GSR is now able to offer its institutional clients a wider range of crypto trading services, providing them with even more opportunities to capitalize on the growing digital asset market. This achievement is a testament to GSR’s commitment to meeting the highest regulatory standards and providing its clients with a secure and reliable trading experience.
From Binance to SheFi, the frontier is feminine
The increasing presence of women in the world of Web3 is causing a significant shift in the industry, with their impact being felt in various aspects such as leading cryptocurrency exchanges and fostering inclusive communities. This trend is evident in the image of women taking on prominent roles in the industry, as seen in the photo on the right, showcasing the growing influence of women in Web3. This development is reshaping the landscape of the industry and paving the way for a more diverse and inclusive future.
BTC price tops $101K as MicroStrategy makes first Bitcoin buy of 2025
The start of the trading day on Wall Street saw a surge in Bitcoin’s price, with gains of over 3% and a reclaiming of the $100,000 mark. This rapid increase in value shows the strength and resilience of the world’s leading cryptocurrency, as it continues to prove its worth in the financial market. With its consistent growth and widespread adoption, Bitcoin is proving to be a valuable asset for investors and traders alike. As the day progresses, all eyes will be on Bitcoin to see if it can maintain this impressive momentum and continue to break new records.