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Cardano’s ADA token crashed nearly 10% in 24 hours, trading at $0.869, outpacing losses in Bitcoin (-7.8%) and Ethereum (-3%), per CoinMarketCap. The sharp decline, reported by CryptoNews, has left investors wary of further downside as the crypto market faces broader turbulence. Several factors drove this sell-off. Profit-taking followed ADA’s recent surge to $1, with trading volume spiking to $2.67 …

U.S. Commodity Futures Trading Commission (CFTC) won a $228.6 million judgment against Eddy Alexandre, a New York pastor who defrauded over 25,000 investors of $262 million through a crypto Ponzi scheme. Operating under EminiFX, Alexandre promised 5–9.99% weekly returns using a nonexistent “robo-assisted advisor” and AI trading technology, exploiting his position in Long Island’s Haitian church community. The U.S. District …

Cryptocurrency market experienced a sharp decline, with Bitcoin falling below $113,000 and Ethereum dropping to $4,210, dragging the global market cap down 1.5% to $3.9 trillion. Several factors fueled this sell-off, raising concerns among investors about the short-term outlook. First, Bitcoin’s retreat from its recent $124,000 peak reflects profit-taking after a strong rally. CryptoQuant analysts suggest this correction, typical of …

AMTD Group, encompassing NYSE-listed AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE), unveiled a groundbreaking crypto-for-stock conversion program, enabling investors to swap Bitcoin, Ethereum, Tether (USDT), BNB, and USD Coin (USDC) for newly issued shares. Announced via a press release, this initiative positions AMTD as a bridge between cryptocurrencies and traditional equities on the New York …

Federal Reserve Vice Chair for Supervision Michelle Bowman urged Fed staff to restrict cryptocurrency holdings to “de minimus” amounts, emphasizing the need to avoid conflicts of interest and maintain regulatory impartiality. Speaking at a policy review, Bowman argued that limited crypto ownership could enhance staff understanding of digital assets, but significant holdings risk compromising the Fed’s credibility amid volatile markets …