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25 Apr 2026, 08:45
Crypto laundering mastermind handed 70 months prison time for role in $263M heist
Evan Tangeman, age 22, from Newport Beach, California, was sentenced to seventy months in prison on April 24, 2026. The court of the United States District in Washington, D.C., imposed the sentence. According to reports, Tangeman was involved in laundering millions of dollars obtained from a massive crypto fraud scheme. According to US Attorney Jeanine Ferris Pirro, the crime was committed through an operation based on greed that hit the level of absurdity. The case investigation was handled by the District of Columbia US Attorney’s Office, the Federal Bureau of Investigation, Washington Field Office, and the Internal Revenue Service-Criminal Investigation, Washington, DC Field Office. Evan Tangeman’s $263M social engineering scheme From the US Attorney’s Office , District of Columbia, it is reported that Evan Tangeman, alias “E,” “Tate,” “Evan|Exchanger,” was a money launderer for the group along with database hackers, organizers, identifier of targets, call makers, and residential burglary for hardware virtual currency wallets. The defendant turned the ill-gotten gains into fiat cash. Tangeman bought luxurious homes for his crime partners. The hacking group was awarded fancy cars and other rewards for their work. Tangeman’s team had a luxurious lifestyle that cost them millions of dollars. They went to clubs, where they paid hefty bills, which ran to $500,000 at one point. Luxury cars driven by the criminal group headed by Tangeman. Source: US Attorney’s Office, District of Columbia DOJ first apprehended co-defendants Malone Lam and Jeandiel Serrano. When the enormity of their scam became known, Evan Tangeman instructed his co-defendant, Tucker Desmond, to dispose of the electronic devices used by the members of the criminal group. Source: US Attorney’s Office, District of Columbia As stated in the report, the case is being handled by Assistant United States Attorney Will Hart from the Fraud, Public Corruption, and Civil Rights Division at the United States Attorney’s Office, District of Columbia. Rising government crackdowns on crypto crimes This case fits the increased law enforcement efforts in the region. US authorities arrested many hackers and money launderers in recent months. The FBI and the Department of Justice focus on social engineering groups hacking cryptocurrencies. On April 17, 2026, a British citizen, Tyler Robert Buchanan, was sentenced to prison. At the age of 24, he was charged with conspiracy to commit wire fraud and aggravated identity theft. Buchanan, along with others, hacked at least $8 million worth of cryptocurrencies from US organizations and individuals during the period 2021 to 2023. His methods included SMS phishing and SIM swapping. Police Scotland confiscated 20 devices from his residence in Dundee. From court documents, it is clear that Buchanan is facing up to 22 years’ imprisonment at his trial, set for 21 August 2026. His accomplice, Noah Urban, received a 10-year federal imprisonment sentence in August 2025 along with $13 million in fines. In early 2026, the FBI also arrested the son of a government contractor in Saint Martin, who was suspected of stealing more than $46 million worth of crypto that was impounded by US Marshals. Other criminal cases against individuals resulted in a 20-year jail sentence in a global crypto investment fraud case worth $73 million. According to the FBI’s Internet Crime Report for 2025, cryptocurrency losses totaled $11 billion. Your keys, your card. Spend without giving up custody and earn 8%+ yield on your balance with Ether.fi Cash.
25 Apr 2026, 08:41
BNB price targets $1,115 for 2026 with current value at $636
🚀 BNB targets $1,115 for 2026, current price is $636. Expert analysis expects long-term growth in $BNB driven by token burns and platform adoption. 📊 Critical data: Recent technicals show strong volatility and growing investor interest. Continue Reading: BNB price targets $1,115 for 2026 with current value at $636 The post BNB price targets $1,115 for 2026 with current value at $636 appeared first on COINTURK NEWS .
25 Apr 2026, 08:38
Banks Need a Higher-Priced XRP. Here’s why
The conversation around XRP’s price has long been dominated by retail speculation. Crypto commentator Crypto Dyl News (@cryptodylnews) shifts that focus entirely. In his recent video, he focused on institutional utility and made a compelling case for why a higher XRP price directly serves the financial system. Efficiency Scales With Price Banks operate on volume. When institutions settle large transactions, the cost and efficiency of moving value depend heavily on the asset’s price. Crypto Dyl News stated, “It becomes harder to move large amounts efficiently if XRP is at a lower price.” This is a mechanical reality. A low-priced asset requires more units to represent large sums. More units mean more complexity, more friction, and higher operational overhead. A higher-priced XRP reduces that burden significantly. At $100, $150, or beyond, each unit carries more value. Institutions can settle the same transaction volumes with fewer units. That translates directly into faster, cleaner, and more cost-effective settlements. This argument mirrors the opinion of former Ripple CTO David Schwartz on why XRP cannot remain cheap . Banks need a higher priced $XRP in order to enhance transaction cost and efficiency. Full breakdown: https://t.co/VYjjgWmDKP pic.twitter.com/g1A8gIHiYL — Crypto Dyl News (@cryptodylnews) April 23, 2026 What Banks Actually Want Crypto Dyl News draws a clear distinction between retail price enthusiasm and institutional necessity. “Banks don’t care about moon price predictions,” he said. “Banks care about efficiency, reliability, and liquidity.” The institutional use case for XRP does not rest on speculation. It rests on whether the asset can deliver what large financial players require. According to Crypto Dyl News, a higher price is part of that equation, not separate from it. “Banks don’t want a cheap XRP,” he added. “Banks want an XRP that scales and works for them.” The Price Appreciation Argument As adoption grows and more institutions integrate XRP into their payment infrastructure, demand for the asset increases. Crypto Dyl News connects that directly to price appreciation. “When systems grow, price per unit grows as well for XRP,” he explained. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Greater institutional use drives demand , and increased demand supports a higher price. A higher price improves settlement efficiency. That improved efficiency attracts more institutional use. The cycle builds on itself. What This Means for XRP The claim that XRP must stay low to function has circulated for years. Crypto Dyl News addresses it directly. “That argument has been debunked many times,” he stated. “These institutions actually need the price to be higher to have these transactions work more efficiently.” No major financial institution optimizes its infrastructure around cheap assets. Value density matters in high-volume settlement environments. The institutional argument for XRP depends on function. A higher price makes XRP more practical for the institutions that would use it at scale . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Banks Need a Higher-Priced XRP. Here’s why appeared first on Times Tabloid .
25 Apr 2026, 08:35
Spot Bitcoin ETFs see 9-day inflow streak as investors show resilience
US spot Bitcoin ETFs recorded $2.12 billion in inflows over nine days, signaling growing conviction among investors.
25 Apr 2026, 08:30
Bitcoin Traders Double Down On Bearish Bets Amid Consolidation – What This Means For Price
Following its bullish footprint in April, Bitcoin price action slowed over the past week, recording no significant change. Amid this mini consolidation, analysis page XWIN Research Japan reports that traders remain confidently bearish on the digital asset’s position despite recent gains. Related Reading: Bitcoin Sentiment Warning: Social Media FOMO Spikes Again High Open Interest, Negative Funding Rates – Bitcoin Suffers From Intense Pessimism Funding rates are periodic payments exchanged between traders in perpetual futures contracts to keep the contract price close to the actual spot price. According to XWIN Research Japan, Bitcoin’s funding rate is largely negative at -0.02, suggesting a dominance of short traders who are paying a premium to maintain their bearish positions. Notably, this development follows Bitcoin’s bullish relief in April, during which the premier cryptocurrency has gained by approximately 15% since the month commenced. Nevertheless, the funding rates suggest that most traders view this gain as temporary, with a greater preference for a sustained bear market. At the same time, Open Interest (OI) in the Bitcoin market is surging. The OI represents the total number of active derivative contracts, such as futures or options, currently open in the market. An increase in Open Interest indicates that more capital is being deployed to open contracts in the perpetual market. However, readings from the funding rates suggest this surge in OI is driven by an increase in short positions/contracts. Both metrics combine to paint a rather pessimistic picture of a market environment in which market participants are highly expectant of a deeper downswing. Related Reading: XRP Signals Massive Breakout: $10 Target In Sight As Momentum Builds Negative Setup Favors Potential Bullish Twist According to analysts at XWIN Research Japan, the current Bitcoin market setup, riddled with a high number of short positions, is precarious. Notably, a price rise would trigger a short squeeze, forcing traders to buy back their holdings at a higher price. Interestingly, historical data provide another context for this market environment: prolonged periods of extreme funding rates have preceded sharp price surges rather than the expected price decline. However, this is no guarantee of a bullish reversal. Rather, the market is still extremely bearish but nearing conditions for a potential sharp rebound. At press time, Bitcoin trades at $77,574, down 0.54% over the last day. Meanwhile, daily trading volume has declined by 21.56% to $32.16 billion. Amid its current consolidation, Bitcoin’s bullish target lies at $80,000. On the other hand, a fall below the $74,000 support zone might confirm the current bearish sentiment. Featured image from iStock, chart from Tradingview
25 Apr 2026, 08:20
Analyst: Once This XRP Price Breakout Happens, I Expect a Biblical Move
A shift is developing on the higher timeframes for XRP. Momentum is beginning to shift direction while the asset’s price remains compressed within a long-standing structure. According to prominent crypto analyst JD (@jaydee_757), this combination is now defining the next major move believed to lead to a “biblical move.” JD’s analysis points to a decisive development on the 3-day chart. He notes that XRP’s RSI has broken out from a trendline that has held for over a year. This move signals a change in momentum conditions that previously kept the price constrained. That shift places focus on what comes next as XRP continues to trade within a descending broadening wedge formation. $XRP – Bull case! RSI broke out from 1-year trendline on the 3-day! But potential H. Bearish Divergence! Keep in mind, the lower we go, the higher the breakout of Descending Broadening measured target move will be! Once we breakout, I expect a BIBLICAL MOVE to the GREEN BOX! pic.twitter.com/62NuAlv8ao — JD (@jaydee_757) April 23, 2026 RSI Breakout Meets Structural Compression The chart shows XRP trading inside a descending broadening wedge. Its price has respected both the upper and lower bounds of this structure since the asset hit its all-time high of $3.65 in July 2025 . Lower highs continue to form along the top trendline, while the lower boundary extends toward a deeper support zone. At the same time, the RSI has moved in the opposite direction. It broke above a descending resistance line that tracked momentum since mid-2025. This divergence between price structure and momentum creates tension in the setup. JD also flags a key risk. He notes a potential Hidden Bearish Divergence . This suggests that while RSI breaks higher, price may still print weaker highs in the short term. That condition can slow immediate upside, but does not cancel the larger setup. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Measured Move Points to Major Upside The broader structure remains the focus. JD highlights a descending broadening pattern with a defined measured move. The height of the structure provides the basis for the projected target. His view is clear. “The lower we go, the higher the breakout of Descending Broadening measured target move will be.” This means deeper tests of support increase the eventual upside projection once a breakout occurs. JD sets expectations for what follows. He believes that once XRP breaks out, the asset will experience a “biblical move to the green box,” as shown on the chart at $5 . Before any breakout, the chart suggests one more interaction with support. A highlighted area near the lower boundary marks a potential retest zone. This aligns with JD’s note about a retest before the larger move begins. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst: Once This XRP Price Breakout Happens, I Expect a Biblical Move appeared first on Times Tabloid .
