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Showing posts with the label market manipulation

Market Expert to XRP Holders: 'You're Being Tricked'

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People holding XRP who are panicking over the U.S. government shutdown might be making a big mistake right now, and that’s according to Levi Rietveld from Crypto Crusaders. His message to XRP holders is pretty straightforward—selling because of fear ignores historical data that shows an 86% accuracy rate for market recovery within 12 months after government shutdowns. The XRP price prediction he’s putting out there sits at $20, and it’s driven by expected Federal Reserve rate cuts. With XRP scam news spreading and people questioning whether XRP is fake or real, Rietveld argues that investors are being manipulated into bad decisions. Also Read: Ripple CTO’s New Message Sparks Fresh Energy in XRP Community Are XRP Holders Tricked? Understanding Price Trends, Market Messages & XRP Scam Alerts Source: Watcher.Guru Historical Data Contradicts Panic Selling People who are selling XRP right now out of fear are missing a critical pattern that’s been established over time...

Trump Media Submits New Spot Bitcoin ETF Bid to SEC

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Trump Media & Technology Group (TMTG) , the company majority-owned by US president Donald Trump and operator of the Truth Social platform , has lodged both a Form S-1 registration statement and a supporting Form 19b-4 with the US Securities and Exchange Commission (SEC) seeking permission to launch the “Truth Social Bitcoin ETF”. If cleared, the fund would hold bitcoin directly and list on NYSE Arca, giving retail investors regulated exposure to the cryptocurrency without handling private keys. Details of the application The filing, dated 5 June 2025, appoints Yorkville America Digital as sponsor and names Crypto.com as the exclusive custodian, prime execution agent and liquidity provider. The trust will issue redeemable shares backed one-for-one by bitcoin stored in institutional-grade cold wallets. Management fees and redemption procedures have yet to be finalised, but the prospectus notes that shareholders will not receive assets derived from potential net...

Crypto exec admits trying to wash trade FBI’s fake NexFundAI token

Crypto exec admits trying to wash trade FBI’s fake NexFundAI token The founder of MyTrade, a cryptocurrency firm that was caught wash trading by the FBI, pleaded guilty on Wednesday to manipulating crypto markets for his client firms. Liu Zhou was arrested in the wake of the FBI’s “Operation Token Mirrors,” a sting that used an FBI-created token called NexFundAI to out various companies engaging in wash trading. The FBI discovered 60 cryptocurrencies involved in the scheme and seized $25 million worth of crypto assets. Zhou and MyTrade offered a service called Volume Support that used bots to repeatedly buy and sell any desired token, artificially inflating their volume. However, the scheme came crashing down when FBI agents posing as NexFundAI advisors approached the company with a view to becoming one of its clients. At this point, the 39-year-old revealed that his firm “does self-trades — a buy and a sell in the same second,” and executes “ pump...

Bitcoin ‘Angle Theory’ unlocks BTC’s next cycle top

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As Bitcoin (BTC) approaches the $70,000 resistance level, a crypto analyst has highlighted chart patterns that suggest BTC could reach a peak between $140,000 and $160,000 during this cycle.  Notably, an Analysis by TradingShot leverages the so-called “Angle Theory,” previously covered by Finbold. This theory, based on the logarithmic growth curve, provides a clear roadmap for BTC’s next major price milestone, projecting a peak by late 2025.  Historically, Bitcoin’s price has followed well-defined cyclical patterns, supporting this forecastDespite growing optimism, prominent analysts present a more cautious outlook.  Picks for you 3 cryptocurrencies to avoid trading next week 1 hour ago Here’s how much Tr...