News
12 Aug 2025, 18:45
Do Kwon Set to Plead Guilty in $40 Billion Fraud Case After “Secret Bailout” Allegations Surface
Do Kwon will plead guilty to conspiracy and wire fraud in U.S. court over the TerraUSD collapse. Prosecutors allege he falsely claimed an algorithm restored TerraUSD’s value while secretly arranging market support. The SEC previously fined Kwon $80 million and banned him from cryptocurrency transactions in a $4.55 billion settlement. Do Kwon, the co-founder of the collapsed Terraform Labs, will plead guilty to conspiracy and wire fraud charges in a U.S. federal court. The plea follows allegations that he misled investors about the stability of TerraUSD, a stablecoin that collapsed in 2022 alongside its sister token, Luna, erasing around $40 billion in market value. U.S. District Judge Paul Engelmayer confirmed Kwon’s intention to change his plea during a hearing on August 12. The 33-year-old entrepreneur had previously pleaded not guilty in January to a nine-count indictment. As we reported, this move was expected. Here was CoinEdition’s report on the anticipated plea change . The Deception at the Heart of the Case Prosecutors allege that in May 2021, when TerraUSD fell below its $1 peg, Kwon falsely claimed that an algorithm known as the “Terra… The post Do Kwon Set to Plead Guilty in $40 Billion Fraud Case After “Secret Bailout” Allegations Surface appeared first on Coin Edition .
12 Aug 2025, 18:43
Ethereum Open Interest Surpasses $10 Billion Amid Rising Institutional Interest and Potential Market Shifts
Ethereum’s open interest on Binance has exceeded $10 billion, driven by a 500% increase in short positions and significant institutional buying. Binance’s Ethereum open interest has surged to over $10
12 Aug 2025, 18:42
What Taylor Swift’s Album Drop Teaches About Investing In Bitcoin
Taylor Swift’s album drop shows how scarcity drives value, offering surprising lessons on Bitcoin’s commodity status and market appeal.
12 Aug 2025, 18:35
Shiba Inu (SHIB), Little Pepe (LILPEPE), Pepe Coin (PEPE): Here’s What $500 in Each Could Be Worth by 2030
We’re all dreaming of that one crypto play that turns a few hundred bucks into life-changing money. Not the overnight type of fantasy, but something real, something with a shot. With prices of everything from groceries to gas going wild and traditional investments feeling kind of meh, it’s no surprise that people are turning to crypto with bigger hopes. And if you’ve got $500 and you’re wondering where to place it, Shiba Inu (SHIB), Pepe Coin (PEPE), and Little Pepe (LILPEPE) are three names that come up fast. Here’s what the numbers say, and why LILPEPE might be the one that leaves the others in the dust, with projected gains of up to 1,098x by 2030. Yes, your $500 could turn into over $549,000 if things play out the way many early backers believe they could. Shiba Inu (SHIB): The OG meme token with steady hands Shiba Inu isn’t just a meme anymore; it’s an entire ecosystem. But even with that, it’s starting to feel like the token has matured past its wild growth phase. At the time of writing, SHIB is trading around $0.0000135. Analysts are cautiously optimistic, putting the 2030 price somewhere around $0.00010 to $0.00015. That’s a 7x to 10x return, turning $500 into roughly $3,700–$5,500. It’s not nothing, but if you’re looking for explosive potential, SHIB may not be the rocket ship anymore. It’s the comfy minivan. It still moves, but not with that meme-fueled madness it had in 2021. Pepe Coin (PEPE): Still riding the meme wave PEPE’s had its chaotic ride. Sitting at around $0.00001, it’s seen sharp ups and downs, like most meme coins do. Long-term projections for PEPE suggest it could hit $0.00013 or even up to $0.00027 by 2030. If you’re tossing $500 into PEPE right now, that might get you about 50 million tokens. If it reaches $0.00013, you’d be sitting on around $6,500. If the stars align and it hits $0.00027, maybe you walk away with $13,500. That’s a solid return, especially if you believe in PEPE’s staying power. But let’s be real, it’s not exactly flipping the script. It’s more of a steady climb, not a moon mission. Little Pepe (LILPEPE): The fresh contender shaking up the game Now here’s where things get interesting. Little Pepe (LILPEPE) isn’t just another meme coin; the baby-faced rebel is stealing the spotlight. It’s in Stage 9 of its presale, and the energy around it is wild. As of today, 97.7% of the tokens for this stage are sold out, and we’re seeing early investors who got in at Stage 1 already sitting on 80% gains. Currently, tokens are priced at $0.0018, and with Stage 10 set to increase that to $0.0019, those who jump in now could still lock in a 66.6% potential gain before launch, when the price hits $0.0030. And this isn’t just hype. Little Pepe has some real structure to back the excitement. It’s now officially listed on CoinMarketCap , and it’s building a name for itself thanks to its zero-tax trading, next-gen Layer 2 architecture, staking features, and a roadmap that includes NFT integration, exchange listings, and a community-driven launchpad. However, what sets LILPEPE apart is its projected long-term potential. If the community growth, listings, and adoption go according to plan, LILPEPE could see up to 1,098x growth by 2030. That means $500 today is worth over $549,000 in just five years. Final thoughts: The real reason LILPEPE matters This isn’t just about math and projections. It’s about timing, community, and momentum. SHIB and PEPE had their time in the spotlight. Right now, LILPEPE is having its moment, and for those who get in before it hits centralized exchanges, the upside could be massive. There’s no crystal ball in crypto. But some moments feel right. This presale feels like one of those moments. If LILPEPE hits that 1,098x growth, your $500 could be worth more than half a million. Even if it only gets a fraction of that, the return could easily outshine SHIB or PEPE. Bottom line? Don’t just watch this one. Be part of it while you still can. The rocket’s almost complete, and it looks like LILPEPE is getting ready to launch. For more information about Little Pepe (LILPEPE) visit the links below: Website: https://littlepepe.com Whitepaper: https://littlepepe.com/whitepaper.pdf Telegram: https://t.me/littlepepetoken Twitter/X: https://x.com/littlepepetoken
12 Aug 2025, 18:34
U.S politician splashes $100,000 on Bitcoin in suspicious crypto trade
United States Representative Brandon Gill has disclosed an intriguing cryptocurrency purchase coinciding with a period when Congress was voting on major digital assets regulation. According to an August 12 filing, the Texas congressman spent between $50,001 and $100,000 on iShares Bitcoin Trust (IBIT) in a trade executed on July 17, 2025. The timing of this Congress trade is notable, as it was the same day the U.S. House passed the landmark GENIUS Act, a bill establishing a federal framework for stablecoin regulation. Receive Signals on US Congress Members' Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The GENIUS Act, part of a broader digital asset legislative package, sets oversight responsibilities for payment stablecoins and aims to bring regulatory clarity to the crypto sector. Its passage triggered significant market interest in digital assets, making any same-day crypto trades by lawmakers particularly sensitive. Gill’s other crypto purchases Notably, this is not the first time the lawmaker has taken positions in the cryptocurrency space. Gill’s previous filings show earlier activity this year, including Bitcoin ( BTC ) purchases worth $100,001 and $250,000 on both June 23 and July 8, 2025. In recent years, as cryptocurrency moves into a more regulated space, several lawmakers have increasingly invested in various digital assets. Among them is Texas Senator Ted Cruz, a vocal supporter of the sector. Interestingly, not all politicians are focusing on established digital currencies such as Bitcoin. For instance, as reported by Finbold, Representative Mike Collins has in recent months accumulated stakes in several meme coins, known for their high volatility and lack of underlying fundamentals to support long-term growth. Featured image via Shutterstock The post U.S politician splashes $100,000 on Bitcoin in suspicious crypto trade appeared first on Finbold .
12 Aug 2025, 18:31
Ethereum Price Surges 26% This Week Amid Strong ETF Inflows and Short Trader Liquidations
Ethereum’s price surged 26% this week, reaching $4,500, driven by strong ETF inflows and institutional buying, marking a significant recovery. Ethereum’s price increase is the largest weekly gain since 2021.