Crypto

Thai police have arrested a South Korean man accused of helping a call center gang launder over $50 million in crypto into gold. Thai authorities have arrested a South Korean man accused of helping a call center gang launder cryptocurrencies into gold worth more than $50 million. The Technology Crime Suppression Division (TCSD) said officers apprehended Han, 33, at Bangkok’s Suvarnabhumi Airport on Saturday under a warrant issued in February, according to a report from The Nation. He faces charges of fraud, computer crimes, money laundering, and involvement in a criminal syndicate. The case stems from a large-scale call center scam that began in early 2024. Victims were lured into “investment opportunities” promising 30%–50% returns. Initial payouts created a false sense of security, but as deposits grew, withdrawals were blocked with claims that investors had failed to meet requirements. Read more

Solana trades near $204 after an 11% surge. A breakout above $210 could trigger a 10% rally toward $228, with momentum building for a push to $250. The post Solana Price Prediction: Breaking These Key Resistance Levels Could Bring Another 10% Rise appeared first on Cryptonews.

A wave of asset managers filed updated paperwork for spot XRP ETFs on Friday, signaling a renewed push to secure approval from the SEC. The post Grayscale, Bitwise Among Firms Updating Filings for Spot XRP ETFs appeared first on Cryptonews.

Ethereum jumps to $4,700 with a $569B market cap. Key levels point to $5,300 and $5,700, with ETH building momentum for a possible push toward $6,000. The post Ethereum Price Prediction: With a $569B Market Cap, Is the New All-Time High Just the Beginning for ETH? appeared first on Cryptonews.

Bitcoin holds $116K as Powell’s rate cut signal, Philippines’ 10K BTC reserve plan, and Taiwan’s crackdown fuel optimism for a breakout toward $130K. The post Bitcoin Price Prediction: Powell’s Cut Signal, Philippines’ 10K BTC Plan, Taiwan Crackdown Drive Path to $130K appeared first on Cryptonews.

A popular crypto sentiment tracker surged back into Greed on Saturday after Fed Chair Jerome Powell hinted at a possible rate cut in September. Crypto sentiment returned to greed on Saturday as the crypto market surged, following dovish comments from US Federal Reserve Chair Jerome Powell that raised speculation of a possible rate cut in September. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, rose to a “Greed” score of 60 on Saturday, up 10 points from Friday’s “Neutral” reading of 50, after briefly dipping into Fear earlier in the week.  The rebound came after Powell’s speech at the annual Jackson Hole economic symposium on Friday, where he said that the current conditions in inflation and the labor market “may warrant adjusting” the Fed’s monetary policy stance. Read more

DOGE's price action shows potential for further gains, with support at $0.21 and resistance at $0.24.

High-leverage trader James Wynn is back in the spotlight with a 25x Ether long showing strong gains, while his parallel Dogecoin bet is struggling in the red. James Wynn, a crypto trader known for his high-leverage crypto bets, has entered a massive leveraged position on Ether (ETH), opening a 25x long as ETH pushes to fresh highs above $4,860. According to onchain data, Wynn deployed roughly $5,568 in margin to control a 29.3 Ether position valued at $139,215, with an average entry price of $4,239. At the time of writing, the position is showing unrealized gains of $14,888, representing a return of more than 267%. Wynn is also running a 10x Dogecoin (DOGE) long, valued at $206,130 for 867,335 DOGE. Entered at an average price of $0.2398, the trade is slightly underwater, showing an unrealized loss of $1,886 with DOGE currently near $0.237. Read more

Powell’s dovish tone sent ether to fresh highs, but nearly $400 million in liquidations show just how stretched traders were heading into the move.

While whales booking profits created near-term pressure, some analysts argue that structural flows continue to point higher if resistance levels give way.

While Powell's stance supports a crypto rally, potential risks include corporate treasury adoption challenges and equity market volatility.

Trish Turner has resigned as head of the IRS crypto division after only a few months in the role and is reportedly moving to the private sector. Trish Turner has stepped down as head of the US Internal Revenue Service’s (IRS) digital assets division, just three months into the role. “After more than 20 years with the IRS, I have closed an extraordinary chapter of my career with deep appreciation for those who shaped my journey and made the work so meaningful,” Turner said in a LinkedIn post on Friday. “Together, we navigated complex challenges, built lasting programs, and laid the groundwork for the IRS’s digital asset strategy as it shifted from niche to mainstream,” Turner added. Read more

Concerns are rising among Bitcoiners over institutions doing "institutional-like things" with Bitcoin, Preston Pysh said in a recent podcast interview. Early Bitcoin adopters aren’t likely to stop being skeptical of institutional adoption anytime soon, says Bitcoin venture fund Ego Death Capital co-founder, Preston Pysh. “Part of that culture that brought it to where it is, is looking at where this is all going and saying no, no, no, no, this is all moving in a bad direction,” Pysh told Natalie Brunell on the Coin Stories podcast on Friday. Pysh said that institutions engaging in “institutional-like things,” such as Bitcoin (BTC) derivatives, have some Bitcoiners concerned about the long-term impact and whether Bitcoin can still serve as the safe-haven asset it once was. Read more

Bitcoin chased its range highs after the Federal Reserve hinted at a policy pivot during the closing speech of the Jackson Hole Symposium. Key takeaways: Bitcoin surged 5% to $117,300 after Federal Reserve Chair Jerome Powell hinted at an upcoming interest rate cut, liquidating $379.88 million in shorts. Analysts say the BTC “uptrend is back,” with the potential to hit $200,000 before the end of the year. Read more

SharpLink Gaming can repurchase up to $1.5 billion worth of common stock under a newly authorized program, the Ethereum treasury firm said.

Authorities across Africa arrested more than 1,200 suspects and seized nearly $100 million in a sweeping cybercrime operation that dismantled online fraud networks and illegal crypto mining operations, INTERPOL announced on Aug. 22. The three-month crackdown, known as Operation Serengeti 2.0, targeted nearly 88,000 victims across 18 African nations in collaboration with the UK. Investigators […] The post Interpol arrests 1,200 people, seizes over $100M in crypto busts across multiple African countries appeared first on CryptoSlate.

The VanEck JitoSOL ETF filing comes after regulators determined earlier this month that liquid staking is not a securities transaction.

Despite reports of insider dumping and retail losses, DeFiLlama data shows YZY mania boosted Meteora's fees to $16 million.

Bitcoin and crypto seem to be on the verge of mainstream adoption, with US spot exchange-traded funds (ETFs) shattering inflow records, Goldman Sachs holding more crypto ETF shares issued by BlackRock than any other institution, and corporate treasuries from Strategy to Bitmine embracing digital assets. However, a recent survey from Bank of America showed three-quarters […] The post The Great Crypto Divide: Why Wall Street’s old guard still won’t touch crypto appeared first on CryptoSlate.

The proposed bill included a list of targetable offenses, including the theft of cryptocurrencies, ransomware attacks, and pig butchering scams. Arizona lawmaker David Schweikert introduced “The Scam Farms Marque and Reprisal Authorization Act of 2025” in August, which proposes neo-privateers — state-sanctioned pirates — to combat cybercriminals engaged in threats against the United States. The bill authorizes the US president to issue letters of marque to “privately armed and equipped persons” contracted by the government to “employ all means reasonably necessary” to seize property and detain or “punish” cybercriminals deemed a threat by the president. These threats include crypto theft, pig butchering scams, ransomware attacks, identity theft, accessing computers without authorization to gather sensitive personal or classified information, online password trafficking, and compromising computers with malicious code. The bill read: Read more