Renowned YouTuber Jimmy Donaldson, famously known as MrBeast, has been thrust into the spotlight over allegations of crypto pump-and-dump activities. Reports claim MrBeast earned an alleged $23 million in profits through undisclosed wallets, sparking heated discussions within the crypto community.
The controversy revolves around MrBeast’s purported engagement in pump-and-dump schemes. Financial analyst Clara Thompson notes, “The investigation reveals signs typical of such schemes, with significa

Economist Peter Schiff believes the recent surge in gold prices is only the beginning of a long-term bull market, driven by inflationary pressures and global economic instability. As of 2024, gold has reached record highs, closing above $2,775, a feat not seen since the bull run of 1979. Schiff highlighted that, unlike 1979, where inflation peaked, inflation today is in its early stages, suggesting potential for continued growth.
The factors behind gold’s rally include central bank interest, Fed

As Tether's influence in crypto grows, so does scrutiny from U.S. agencies over its role in global finance. Despite Tether’s claims of holding strong reserves, it faces accusations that its $120 billion USDT market cap might be inflated, potentially linked to national security threats, including transactions tied to restricted entities like Russian arms dealers and Middle Eastern groups.
U.S. investigators are looking closely at Tether’s ties to allegedly illicit activities, such as drug traffic

Ripple CEO Brad Garlinghouse recently shared that his longstanding bank account was abruptly closed due to his involvement in the cryptocurrency industry, spotlighting intensifying regulatory hurdles in the U.S. In an interview with CNBC, Garlinghouse explained that a major banking institution, which he had used for 25 years, called him with an ultimatum to withdraw his funds within five days. According to Garlinghouse, the bank cited increased scrutiny from federal regulators over crypto’s perc

Hong Kong’s Securities and Futures Commission (SFC) is advancing its crypto platform licensing strategy, aiming to build investor trust in the rapidly expanding market. During the 2024 Fintech Week, SFC’s Dr. Eric Yip highlighted plans to speed up licensing for virtual asset trading platforms (VATPs). With just three fully licensed exchanges and fourteen under temporary status, the SFC plans to grant more licenses by year-end. This rigorous approach involves on-site inspections and direct talks

BRICS Aims for Financial Independence with New Currency Model
At the recent BRICS summit in Kazan, Russia, a preview of a potential BRICS currency took center stage, underscoring the alliance’s commitment to financial independence. Russian President Vladimir Putin introduced a prototype “BRICS bill” symbolizing unity among the five core nations—Brazil, Russia, India, China, and South Africa—potentially extending to allies like Mexico, Egypt, Nigeria, and Bahrain. The currency aims to support de-

The U.S. court recently ruled on key motions, bringing fresh clarity to this high-stakes case. Following settlement discussions, Judge Hamilton reviewed four critical motions in the case involving Ripple Labs, the company behind XRP. The decisions mostly favored the plaintiffs, who allege Ripple violated securities laws.
Judge Hamilton allowed the plaintiffs’ experts, including Jeremy Clark and Saifedean Ammous, to testify, dismissing Ripple’s objections. However, Ripple’s request to exclude tes

Russia is set to officially incorporate cryptocurrency for trade settlements, a move aimed at bypassing US sanctions and maintaining economic stability. Beginning September 1, 2024, Russia will start trials using digital tokens and cryptocurrency exchanges for cross-border transactions, a significant shift in its payment systems. The Putin administration sees this development as a means to overcome economic hurdles imposed by US sanctions.
The trials will involve the National Payment Card System

Bitcoin’s price is pumping today, hitting $64,955 after Federal Reserve Chair Jerome Powell signaled potential rate cuts. This bullish momentum, driven by dovish remarks from Fed officials, fueled a broader crypto market rebound, with market cap rising over 4% to $2.27 trillion. Altcoins like ETH, SOL, and XRP also saw significant gains, reflecting renewed investor confidence.
Key Drivers:
Fed Rate Cut Signals: Powell’s remarks at the Jackson Hole Symposium hinted at easing monetary policy due t

The world of altcoins is volatile, unpredictable, and full of opportunities for those who know how to navigate it. In An Altcoin Trader’s Handbook, Nik Patel shares his vast experience and insights, providing a comprehensive guide for traders aiming to succeed in the altcoin market. Whether you’re a seasoned trader or just stepping into the crypto space, this book offers actionable strategies, risk management techniques, and psychological advice to help you make informed decisions.
The Essence o

Russia has unveiled plans to launch two state-linked cryptocurrency exchanges as part of a broader strategy to overcome the economic challenges posed by US sanctions. These exchanges, based in Moscow and St. Petersburg, will facilitate digital payment solutions for trade settlements. Alongside these initiatives, Russia plans to introduce a new stablecoin backed by the Chinese yuan, which will be pegged at a 1:1 ratio.
Key Details:
The move by BRICS member Russia highlights a strategic shift to r

In the fast-paced world of cryptocurrency trading, staying ahead requires more than just instinct — it demands data-driven decisions. Futures market data provides crucial insights into where the market is headed, offering traders an opportunity to strategically enter or exit positions. This article will dive into the fundamentals of futures market data, explain how it impacts your trading strategies, and highlight the tools you need to leverage it effectively.
What is Futures Market Data?
Future

Axie Infinity is making waves in the crypto gaming world with a massive boost in user engagement leading up to Season 10. The popular blockchain game has seen its daily active wallets increase fivefold, user numbers quadruple, and transactions triple, all thanks to innovative new features and events. This trend signals a promising future for Axie Infinity as it continues to attract both new and veteran players.
New Excitement Among the Player Community
The surge in activity stems from the game’s