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Do Kwon, the creator of TerraUSD and Luna, pleaded guilty to fraud charges related to the $40 billion crypto collapse. He admitted misleading investors and faces up to 12 years in prison under a plea deal. The case highlights ongoing risks in cryptocurrency markets and the importance of transparency.
In August 2025, the cryptocurrency market surged to a $4.06 trillion valuation, exceeding Microsoft's market cap. Bitcoin dominates with a $2.5 trillion valuation, fueled by strong macroeconomic conditions, U.S. legislative support, and institutional adoption. While the U.S. embraces crypto in pension funds and major banks invest heavily, Europe remains cautious about financial stability risks. Bitlet.app offers innovative crypto services like Crypto Installment to ease investments in this booming market.
Do Kwon, co-founder of Terraform Labs, is set to plead guilty to U.S. fraud charges tied to the 2022 collapse of TerraUSD and Luna, which led to $40 billion in losses. The hearing will take place in Manhattan federal court.
Bitcoin has edged closer to its all-time high after an overnight rally, reaching nearly $120,000. Ether also surged to levels not seen since 2021, fueled by strong inflows into ether ETFs that outpaced bitcoin ETFs last week. These movements highlight renewed investor confidence in cryptocurrencies.
President Trump’s recent executive order may open the door for private equity and cryptocurrency investments in 401(k) retirement plans, potentially transforming how Americans save for retirement with higher-risk, higher-reward assets. This shift could diversify portfolios but also brings new challenges for investors and providers alike.
Ethereum (ETH) surged to $2,789 on May 29, marking its highest price since February, driven by record futures open interest. Platforms like Bitlet.app offer unique ways to engage with ETH through crypto installment services.
Robert Kiyosaki, renowned author of Rich Dad Poor Dad, has shared his cautionary views on investing in Bitcoin, gold, and silver ETFs, highlighting potential risks associated with these assets. For investors looking for safer ways to buy and manage cryptocurrencies, platforms like Bitlet.app offer innovative installment options.
Dragonfly Capital faces scrutiny from the DOJ concerning its investment in Tornado Cash but promises a vigorous defense. This highlights the increasing regulatory challenges in the crypto investment landscape. Explore how platforms like Bitlet.app are innovating to provide secure and accessible crypto services amidst such challenges.
A German venture capital CEO emphasizes XRP's unique capabilities as a bridge currency, positioning it as a critical player in global cross-border payments. Discover how XRP and platforms like Bitlet.app enhance crypto accessibility, including innovative services like Crypto Installments.
Explore the latest buzz in the crypto space with Hive's Nasdaq listing, Citadel's caution on tokenization, and Donald Trump's positive stance on Bitcoin. Bitlet.app's crypto installment plans make investing easier than ever!