Bitcoin Breaks $50,000 as Crypto Market Surges on Institutional Interest

Bitcoin and other major cryptocurrencies are witnessing a massive rally, breaking key resistance levels as institutional investors continue to fuel the market.

Ethereum Surges Past $3,500 as Crypto Market Gains Momentum

Ethereum breaks the $3,500 mark, fueled by growing adoption, DeFi expansion, and anticipation of upcoming network upgrades.

Ethereum's Surge: ETH Crosses $3,500 Amid Growing Institutional Interest

Ethereum's price has surged past $3,500, fueled by institutional adoption, Ethereum ETF speculation, and upcoming network upgrades. Analysts predict further gains as demand rises.

Top 5 Cryptocurrencies to Watch in 2024 for Maximum Gains

The crypto market is evolving rapidly! Here are five top-performing cryptocurrencies that investors should keep an eye on in 2024.

Solana Outages Spark Concerns About Network Stability

Solana’s blockchain has suffered another major outage, raising concerns about its long-term network stability and reliability.

Bitcoin Crosses $75,000 Mark Amid ETF Momentum; Ethereum Eyes $4,000

May 13, 2025 | Financial Dailies | 

Bitcoin surged past the $75,000 level in early Tuesday trade, hitting a new 6-month high as inflows into U.S.-listed Bitcoin ETFs continued to gain pace. The rally was supported by renewed institutional interest and growing optimism around upcoming crypto-friendly regulatory frameworks in major economies.

Meanwhile, Ethereum (ETH) climbed closer to the $4,000 mark, supported by increased DeFi activity and the anticipated rollout of its “Pectra” upgrade, which aims to enhance network scalability and reduce transaction costs.

Bitcoin Dips Below $107,000, BCH Becomes Biggest Gainer

On July 1, Bitcoin (BTC) slipped below the $107,000 mark, recording a 24-hour decline of 1.28% and signaling consolidation in the crypto market. Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Ripple (XRP) also saw varied performance, with minor gains and losses across the board. The global crypto market cap fell by 1.15% to $3.30 trillion, indicating slight bearish pressure.

Bitcoin Cash (BCH) led the gainers, up by nearly 5%, while SPX6900 (SPX) plummeted by almost 14%, making it the biggest loser. XRP, Monero, Algorand, and Four also showed positive momentum. Meanwhile, Arbitrum, Maple Finance, and DeXe were among the underperformers.

Market sentiment remains neutral with a Fear & Greed Index of 50. Industry leaders shared mixed views: while some experts expect a bullish breakout above $108,600, others note exhaustion signs in ETH and rising bearish dominance in the market.

Despite recent price corrections, institutional interest and whale accumulation signal strong support around $105K, with analysts predicting potential upward momentum toward $110K–$125K, pending macroeconomic factors and ETF activity.

Crypto trader arrested in Rs 2 cr WhatsApp scam orchestrated by Pan-India cyber gang

In a significant breakthrough, the Maharashtra Nodal Cyber Police have arrested a 27-year-old cryptocurrency trader from Sonipat, Haryana, in connection with a ₹2 crore laundering case linked to a fake WhatsApp boss scam. The arrest uncovers a sophisticated pan-India cybercrime syndicate exploiting crypto platforms for financial fraud.

The scam unfolded in April 2025 when an accountant of a Mumbai-based electronics firm received WhatsApp messages from a number impersonating the company’s Managing Director. Believing them to be authentic, the accountant transferred ₹95 lakh each to two entities—PR Education & Immigration Pvt Ltd and AK Infra—for an "urgent project." A third transfer of ₹90 lakh was halted just in time.

Investigators discovered a 13-layered money trail involving 34 bank accounts and fintech apps like Spice Money. A crucial transaction traced ₹19 lakh to a Punjab National Bank account in Greater Noida and then to a distributor in Sonipat. The funds were ultimately handed to Suraj Surender Dahiya, a local crypto trader, who allegedly converted the money into USDT (Tether) via platforms like Binance.

Dahiya was arrested in Navi Mumbai. Authorities have invoked sections of the Bharatiya Nyaya Sanhita and IT Act. Investigations continue to trace accomplices and the operation’s kingpin.

Erebor: New Bank Backed by Tech Moguls Aims to Serve Crypto and National Interest Startups

A bold new banking startup, Erebor, is making waves in the post-Silicon Valley Bank (SVB) landscape. Backed by high-profile tech moguls like Palmer Luckey (Anduril) and Joe Lonsdale (8VC), and supported by libertarian-leaning venture firms including Peter Thiel’s Founders Fund, Erebor is being positioned as a financial haven for the types of high-risk, high-reward tech startups that legacy banks now avoid.

Named after the mountain fortress in The Lord of the Rings, Erebor targets startups in cryptocurrency, artificial intelligence, defense, and advanced manufacturing—particularly those aligned with American national interest and digital sovereignty. It plans to offer both traditional banking services and crypto-linked financial products, all under a national bank charter.

Led by co-CEOs Jacob Hirshman (formerly of Circle) and Owen Rapaport (Aer Compliance), Erebor is a digital-first bank with no branches, based in Columbus, Ohio, with an office in New York. It aims to become the “most regulated entity” in stablecoin operations—an ambitious pivot from the unregulated crypto frontier.

With political undertones and a clear mission to serve U.S.-aligned technological advancement, Erebor signals a new intersection of banking, geopolitics, and innovation. If granted approval, it could redefine how financial institutions operate in the digital era.

Indian‑American Entrepreneur Books Island Near Singapore for Crypto‑Led ‘College Town’

Balaji Srinivasan, an Indian‑American tech entrepreneur famed for roles at Coinbase and Andreessen Horowitz, has secured a private island near Singapore to establish a three‑month “Network School” — part of his broader vision for a crypto‑driven “Network State.” The initiative serves as a pilot for a real‑world, decentralized community of startup founders, longevity enthusiasts, digital nomads, and fitness buffs. Participants engage in daily workouts, AI and crypto workshops, and “proof‑of‑learn” crypto credentials—all paid for with Bitcoin, underscoring Srinivasan’s belief in blockchain as a foundation for the future of digital governance.

Launched in September 2024, the program has attracted global attention as the first tangible step toward Srinivasan’s utopian plan: transitioning online communities into physical societies governed by shared tech‑centric values. Coverage by TechCrunch and other outlets has praised its ambition, noting its blend of education, innovation, and self‑governance as it tests new models of democracy for the digital age.

The floating “college town” exemplifies the crypto world’s evolution from virtual concept to physical experiment. As a live testbed for decentralized governance and technocapitalism, the island program could reshape ideas about national sovereignty and community in a hyperconnected future.

NCB Busts Global Drug Syndicate Operating Across 4 Continents; Cryptocurrency and Encrypted Networks Exposed

In a sweeping crackdown on the illegal pharmaceutical trade, the Narcotics Control Bureau (NCB) has dismantled a transnational drug trafficking syndicate operating across India, the US, Australia, and Europe. The investigation began on May 25, 2025, when the NCB intercepted a vehicle near Delhi's Bengali Market, seizing 3.7 kg of Tramadol tablets. The suspects—two pharmacy graduates—unwittingly exposed a complex network using encrypted messaging, cryptocurrency, and anonymous international shipping.

The probe led to multiple arrests and the unearthing of a logistics network spanning Roorkee, Delhi, and Udupi. From Udupi alone, over 50 international consignments were traced, prompting coordinated operations with global law enforcement agencies. The US DEA arrested a key operative, Joel Hall, seizing over 17,000 tablets, crypto wallets, and parcels of Zolpidem. In Australia, a clandestine pill factory linked to the network was also raided.

The syndicate operated through encrypted platforms like Telegram, using B2B listings to mask illegal exports. Payments were routed via crypto, PayPal, and Western Union. A UAE-based mastermind has been identified, and Interpol has been engaged. With eight arrests so far and financial investigations underway, this case underscores the urgent need for cross-border collaboration in fighting digitally enabled drug trafficking.

Best Crypto to Buy Now: AurealOne Is Quietly Building a Skill-to-Earn Empire — Catch It Before the Presale Ends!

As the crypto market evolves, investors are eagerly seeking the best cryptocurrencies to invest in. AurealOne (DLUME) is emerging as a front-runner with its pioneering skill-to-earn Web3 gaming model. This platform rewards players in real crypto for their gaming skills, making it a potential game-changer in esports and blockchain integration. With over 60 projects planned by September 2025, AurealOne aims to redefine the gaming economy with a decentralized structure, NFT rewards, and competitive tournaments.

DexBoss (DEBO), another innovative project, is revolutionizing Solana-based crypto trading by offering deep wallet analytics and smart trading alerts. With its presale live and high early investor interest, DexBoss presents strong upside potential.

Alongside these emerging players, established giants like Bitcoin (BTC), VeChain (VET), and Hedera (HBAR) continue to show promise. Bitcoin remains a solid hedge against inflation, VeChain focuses on transparent supply chains, and Hedera offers enterprise-grade blockchain infrastructure with sustainability at its core.

Together, these five cryptos form a compelling investment mix — blending high-growth potential with long-term stability. As the market continues to shift, these tokens are worth watching closely.

How US Secret Service is leading a global pushback against crypto frauds

omance, deception, and crypto—this is the formula scammers are using in a global wave of digital fraud. A scam often starts with a message and a photo of an attractive stranger, followed by a link to a professional-looking cryptocurrency investment site. Early profits lure victims into depositing more, only for the platform to disappear without a trace. Behind such scams, often run by international fraud networks, is a growing digital underworld that the US Secret Service is determined to expose.

At the heart of this effort is the agency’s Global Investigative Operations Center (GIOC), a specialized team that uses digital tools, blockchain analysis, and international cooperation to track down cybercriminals. Over the past decade, the GIOC has seized nearly $400 million in crypto assets—most of which are stored in a single cold-wallet.

Led by attorney Kali Smith, the team conducts global training to help countries fight cybercrime. From Bermuda to Nigeria, their investigations have dismantled money mule networks, exposed teen sextortion rings, and recovered millions in stolen tokens. With crypto scams accounting for more than half of US internet-crime losses in 2024, the Secret Service’s evolving mission to “follow the money” is more vital than ever.

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

At just 19, Barron Trump, the youngest son of former US President Donald Trump, has made a massive entry into the world of cryptocurrency. According to Forbes, Barron earned close to $40 million through his role in the Trump-backed crypto firm World Liberty Financial, walking away with an estimated $25 million after taxes. Launched in September 2024, the venture sold over $550 million worth of digital tokens, with only $30 million allocated to development and the rest flowing to its owners.

Donald Trump, who holds a 52.5% stake in the company, reportedly earned nearly $1 billion through crypto-related ventures. The remaining 47.5% is split among unnamed family members, including Barron, who is listed as a co-founder and “Web3 ambassador” alongside Donald Trump Jr. and Eric Trump.

Unlike his older siblings who cut their teeth in traditional real estate, Barron’s first business step was into blockchain. Trump praised his son’s digital savviness in a 2024 interview, noting Barron's enthusiasm for crypto wallets and Web3 trends.

Now a student at NYU’s Stern School of Business, Barron’s $99,000 annual tuition is unlikely to make a dent in his rising fortune. A partial sale of the company in 2025 may further reshape his payout.