Samourai Wallet Co-Founder Sentenced To 5 Years In Prison For Money Laundering
Posted inCryptocurrency Market News

Samourai Wallet Co-Founder Sentenced To 5 Years In Prison For Money Laundering

Keonne Rodriguez, one of the co-founders of the cryptocurrency mixer Samourai Wallet, was sentenced to five years in prison on Thursday for his role in operating a service that allegedly laundered “hundreds of millions of dollars” derived from illegal dark web activities and fraudulent schemes.  US District Judge Denise Cote imposed the maximum sentence for…
Warning Signals: Bitcoin 365-Day Moving Average At Risk of Collapse
Posted inBitcoin News

Warning Signals: Bitcoin 365-Day Moving Average At Risk of Collapse

The cryptocurrency market is currently facing significant bearish pressure, with Bitcoin (BTC) struggling to reclaim previously crucial support levels.  Recent data from CoinGecko indicates that Bitcoin has retraced nearly 6% over the past week, a decline that has impacted other major cryptocurrencies, including Ethereum (ETH), XRP, Binance Coin (BNB), and Solana (SOL), all of which…
Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana
Posted inBitcoin News

Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana

Despite a slight recovery in cryptocurrency prices on Wednesday, experts remain divided on the future direction of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The market is at a crossroads, with some analysts anticipating a deeper correction, while others see the potential for a renewed recovery. iShares Bitcoin Trust ETF Hits 52-Week Low  According to…