Crypto News

Anurag Murarka was sentenced to 10 years for laundering $20 million in criminal proceeds via a global hawala and crypto network.Source link

Bitcoin led a surge among major cryptocurrencies, amid speculation of pro-industry policies from the incoming Trump administration.Source link

Daniel Prince, host of the Once Bitten podcast, has recently alleged that conflicts of interest and nepotism were part of the motivation for choosing Solana as the chain for launching TRUMP, the official meme token of the U.S. president. Conflicts of Interest and Nepotism Involved in TRUMP Token Launch on Solana Daniel Prince, host ofSource link

U.S. President-elect Donald Trump's TRUMP token has made quite a splash in the crypto market, rapidly becoming the 21st largest digital asset with a market cap of $11 billion in just two days.The TRUMP/USDT pair has emerged as the most-traded pair over the past 24 hours on the leading exchange, Binance, representing 13.3% of the total exchange volume, according to Coingecko.While this activity is thrilling, the bulls and those looking to join the market ahead of Donald Trump's inauguration might want to exercise caution, as a key derivatives market indicator has diverged bearishly from the token's rising futures open interest.Open interest in TRUMP perpetual futures has increased by 6% in the past 24 hours, according to data source Velo Data....

World Liberty, Trump’s associated decentralized finance project, acquired over $100 million worth of ETH before its launch. While the spotlight has been taken by the meme tokens of President Trump and the First Lady, World Liberty has been accumulating Ether stealthily. According to Spot on Chain, World Liberty bought $48 million worth of ETH yesterday.Source link