Price predictions 6/13: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK
Bitcoin searches for support near $103,000 amid global market uncertainty. Altcoins show buying interest at lower levels. Analysts debate BTC’s future trend, with potential consolidation or reversal ahead.
Crypto market maker Gotbit and founder sentenced for fraud, manipulation
Gotbit Consulting LLC and its founder Aleksei Andriunin were sentenced for crypto market manipulation and wire fraud. The firm engaged in wash trading to inflate volumes and must forfeit $23 million.
Closing Strait of Hormuz is biggest risk to BTC price this weekend — Analyst
Bitcoin’s price may face short-term volatility if Iran closes the Strait of Hormuz, impacting oil and risk assets, but long-term outlook remains tied to USD weakness and accumulation by hodlers.
Brazilian Authorities Terminate Exemptions, Aims to Tax Crypto Held in Self Custody – Taxes Bitcoin News
Brazilian authorities have ended tax exemptions for cryptocurrencies, introducing new rules to tax profits from crypto, including assets held in self-custody wallets and abroad.
Crypto Markets Plunge as Middle East Tensions Trigger Global Selloff – “The Defiant”
Crypto markets plummet as Middle East tensions trigger a global selloff, with BTC and ETH dropping significantly. Leveraged liquidations hit $1.11B, the highest since February, amid geopolitical uncertainty.
Invesco, Galaxy Digital file to launch Solana ETF in Delaware amid SEC approval buzz
Invesco and Galaxy Digital filed for a Solana ETF in Delaware, signaling potential SEC approval within 3-5 weeks. Multiple asset managers are pursuing Solana ETFs, with high approval odds predicted.
Weeks Before Trial, Tornado Cash’s Roman Storm Sounds Alarm: ‘If I Lose, DeFi Dies With Me’ – Decrypt
Tornado Cash co-founder Roman Storm warns that a DOJ victory in his trial could destroy DeFi, as he faces charges of money laundering and sanctions evasion for the privacy tool’s alleged misuse by criminals.
SEC Names Crypto Industry Veteran as Trading and Markets Director – Decrypt
The SEC appointed crypto industry veteran Jamie Selway as director of its trading and markets division. Selway brings experience from Blockchain.com, Skew, and Goldman Sachs, signaling a crypto-friendly regulatory approach.
XRP News Today: Ripple-SEC Joint Motion in Lawsuit Could Help XRP Hold Above $2 and Rally Past $3 – Brave New Coin
Ripple and the SEC filed a joint motion to settle their lawsuit, potentially releasing $125M in escrow and ending the legal battle. XRP price remains steady near $2.13 amid market volatility.
XYZVerse Gains Strong Momentum, Raising Over $14M in Stage 12
XYZVerse raises over $14M in its 12th presale stage, now 94% complete, showcasing strong investor confidence and project momentum.
