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The US Securities and Exchange Commission (SEC) has charged Ramil Palafox, a dual US-Philippine national, with orchestrating a $198 million crypto scam.
From January 2020 to October 2021, Palafox ran a Ponzi-style scheme through his company, PGI Global, defrauding many investors.
SEC Cracks Down on Massive Crypto Scam
According to the press release, the regulator claims that Palafox...
Tesla’s Q1 2025 financial report reveals that despite missing revenue expectations, the company still holds over $951 million worth of Bitcoin.
After its initial purchase in February 2021 and the sale of 75% of its Bitcoin holdings in July 2022, Tesla currently holds approximately 11,509 BTC.
Bitcoin Remains a Strategic Asset for Tesla
According to a filing with the US Securities and...
Bitcoin (BTC) price is trading with a bullish bias, confronting the resistance at $94,000 with prospects for more gains. However, a renowned analyst says to temper Bitcoin rally hopes, citing a crucial indicator.
For a sustained rally, capital needs to enter the market consistently, as this provides the liquidity needed for further upside.
Lagging Stablecoin Indicator Threatens Bitcoin’s $...
The saying “A rising tide lifts all boats” perfectly captures the current state of the crypto market, as Bitcoin’s rise has propelled altcoins higher. Among the beneficiaries are the crypto tokens within the SUI network.
BeInCrypto has analyzed three such SUI ecosystem tokens to watch this week and their potential for further gains.
Walrus (WAL)
WAL has experienced a notable 22% increase...
Yesterday, Bitcoin exchange-traded funds (ETFs) saw significant inflows, marking the third consecutive day of net positive flows.
With BTC now trading back above the $90,000 mark, signs point to renewed institutional interest, as major players appear to be piling back into the market after weeks of caution.
BTC ETF Inflows Jump 146% in a Day
On Wednesday, net inflows into US-based spot...
Bitcoin (BTC) reclaimed the $93,000 threshold during the early hours of the Asian session on Wednesday. The show of strength came after President Trump articulated his position about Federal Reserve (Fed) chair Jerome Powell’s replacement talks.
Over the past several months, the pioneer crypto has demonstrated increased correlation with broader economic and political issues. This suggests that...
According to the latest reports from the Financial Times, Cantor Fitzgerald, a financial services company led by Brandon Lutnick, son of US Commerce Secretary Howard Lutnick, is working with SoftBank, Tether, and Bitfinex to form a Bitcoin (BTC) investment vehicle with a scale of over $3 billion.
This initiative comes amid a recovery rally in BTC, which has seen notable gains over the past day...
As CoinGecko celebrates its 11th anniversary, the company is marking the milestone with a fresh new look and an eye on the future.
At Paris Blockchain Week, BeInCrypto sat down with Aimann Faiz, Head of Business Development at CoinGecko, to discuss the platform’s rebranding, evolving business model, and the state of the crypto market.
CoinGecko’s 2025 Rebranding
April 7 marked the 11th...
GoMining has introduced a competitive gaming league that ties real-world Bitcoin mining to clan-based competition.
According to the project’s claims, its ecosystem now hosts more than 245,000 active Bitcoin miners and distributes a prize pool of 1 BTC every day.
Gamifying Bitcoin Mining
The new league builds on GoMining’s global infrastructure, which includes nine data centers and a...
Ethereum (ETH) is under pressure as it attempts to recover from one of its worst-performing years among major cryptocurrencies, down nearly 50% in 2025. Despite signs of improving momentum, with RSI climbing and EMA lines hinting at a potential breakout, ETH continues to lag behind competitors like Solana in multiple metrics.
The ETH/BTC ratio has plunged to multi-year lows amid heavy...