crtypto & forex news

Senator Adam Schiff of California rolled out a bill on Monday aimed squarely at the highest office in the land. It would bar the president, vice president and their immediate family from getting into any crypto business while wearing the badge of public office. The move comes as concern is growing over political power mixing with digital money moves. Strict Ban On Crypto Endorsements According to the Curbing Officials’ Income and Nondisclosure (COIN) Act, no sitting president or vice president could issue, sponsor or endorse any cryptocurrency, meme coin, NFT or stablecoin. The same rule would cover their spouses and children. Based on reports, the plan even makes them report any sale of digital assets over $1,000. That simple step could force more transparency on deals that happen behind closed doors. Heavy Penalties For Violators The COIN Act sets clear penalties for anyone who steps out of line. Civil fines would match the profit made on a bad deal. Anyone who breaks the ru...

A crypto analyst who accurately forecasted the Ethereum price decline from $2,800 has reaffirmed the bearish breakdown, projecting fresh rallies on the horizon. While the cryptocurrency navigates this downtrend, the market expert highlights ETH’s significant upside potential and encourages traders to consider dip-buy opportunities.  Expect An Ethereum Price Rally Next Following his recent prediction of a major dump in the Ethereum price , market expert Crypto Patel took to X (formerly Twitter) to share insights on the second-largest cryptocurrency’s next move. According to the analyst, the pullback had seen Ethereum cleanly rejected from the resistance trendline, confirming a loss of the $2,500 support level .  Crypto Patel had previously called for a short at the top, which the market followed through with a 22% crash, dragging ETH to the $2,200 zone. This breach of channel support marked a decisive win for the bears , invalidating Ethereum’s mid-term bullish structure ...

Visitors to Cointelegraph were caught off guard on Sunday when a slick pop-up claimed they’d won 50,000 “CTG” tokens worth over $5,000. The message looked real, complete with Cointelegraph branding and familiar airdrop elements. Many users were prompted to connect their crypto wallets before the scam was revealed. By the time the fake offer disappeared, unsuspecting visitors had already clicked through, risking their funds. ALERT: We are aware of a fraudulent pop-up falsely claiming to offer “CoinTelegraph ICO Airdrops” or “CTG tokens” that are appearing on our site. DO NOT: – Click on these pop-ups – Connect your wallets – Enter any personal information We are actively working on a fix. — Cointelegraph (@Cointelegraph) June 23, 2025 Fake Airdrop Interface According to Scam Sniffer, the bogus pop-up included a countdown timer and buttons that felt just like a standard token drop. It even showed a reward worth $5,490 and labeled the process “secure,” “instant,” and “verified...

Bitcoin is holding above the critical $100,000 level following a weekend marked by heightened geopolitical tensions. The US attacks on Iranian nuclear facilities triggered panic across global markets, pushing BTC to a low of approximately $98,200 before a sharp rebound. The swift drop below six figures rattled investor sentiment and led to a spike in volatility as traders scrambled to adjust positions. According to top analyst Axel Adler, the composite Sentiment Index fell to a monthly low of -20% over the past 24 hours, reflecting the bearish pressure dominating the market. Taker order volume showed a clear negative delta during the breakdown, indicating strong seller predominance as BTC breached the $100K level. Simultaneously, open interest declined sharply, suggesting that many participants were forced to reduce leveraged positions through liquidations. Despite the intense pressure, Bitcoin has managed to recover above $100K, a sign that bulls are still defending this psychologic...

Crypto analyst Egrag Crypto has revealed that the XRP price has completed its bearish retest, following the recent decline below the $2 level. The altcoin is now eyeing a bullish reversal, and the analyst has predicted that it could rally to as high as $2.65.  XRP Price Eyes $2.65 Following Completion of Bearish Retest In an X post , Egrag Crypto stated that the key breakout zones are the narrow range between $2.30 and $2.33 and the macro signaling level at $2.65. This came as the analyst indicated that the XRP price has completed its retest of the $1.90 and $2 range, which he had earlier predicted.  Commenting on the current XRP price action, Egrag Crypto stated that the next move depends on whether the altcoin breaks above $2.08. If not, he warned that XRP could again retest the lows around $1.9 . On the other hand, if it closes above $2.08 within the first 12 hours, along with daily and higher timeframes candles closure, then it would signal that “bulls are stepping in...

As the crypto market has succumbed under the pressure of rising war tensions, the Dogecoin price has not been left out of the onslaught . Over the weekend, the meme coin saw an over 5% decrease as it broke below the critical $0.16 level, and is seemingly in free fall. This has naturally led to panic among investors, leading to more sell-offs in the market. Amid this, a crypto analyst has revealed the best time to buy DOGE. When Is The Best Time To Buy Dogecoin? The Dogecoin price has already fallen to the $0.15 territory and continues to trend low after the market crash. Despite this decline, a pseudonymous crypto analyst on the TradingView website has said that this is still not the time to buy. The reason behind this is that the meme coin’s price still has a long way to go before it is done crashing. From here, the crypto analyst still expects the Dogecoin price to fall by another 10%, and that would send it back to the $0.13 level. The analyst explains that investors should fir...

In a major development, the Texas State Government has officially signed a strategic Bitcoin reserve into law thereby diversifying its financial investment strategy. Following this event, Texas officially became the third US State to own a Bitcoin reserve fund under five months of the pro-crypto Donald Trump administration. Texas To Run Treasury-Independent Bitcoin Reserve On June 20, Texas State Governor Gregg Abbot officially enacted SB 21 , which proposed the formation of a strategic Bitcoin reserve for the purpose of investing in the digital asset market. The bill, now law and authored by Senator Charles Schwertner states the proposed Bitcoin reserve is to exist outside the state treasury but still under the investment authority of the comptroller of public accounts. Furthermore, the reserve is allowed to hold Bitcoin and other cryptocurrencies as dictated by the comptroller. However, only cryptocurrencies with an average market capitalization of $500 billion over a 12-month per...