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Crypto Scamsin Cryptocurrency
4 hours ago

Crypto users face severe losses and dangers, from $6.5M and $6.9M thefts via tampered TikTok-sold wallets to violent kidnappings over nonexistent crypto, highlighting rampant scams and risks in the space.

Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000

NewsBTCMonday, June 16, 2025 at 7:30:54 AM
Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000
Bitcoin's price is teetering on the edge of a major drop, potentially sinking below $90,000 despite recently staying above $100,000. The crypto market’s mood has soured as Bitcoin failed to hit new highs last week, and escalating tensions between Israel and Iran triggered a sharp sell-off, wiping out its weekly gains. With bearish traders now in the driver’s seat, the risk of a steep correction is looking more likely.
Editor’s Note: Bitcoin’s volatility is back in the spotlight, and not in a good way. For investors, this could mean wild swings ahead—especially with geopolitical tensions adding fuel to the fire. If the drop happens, it might shake confidence in the short-term rally and test how resilient crypto really is when global uncertainty spikes. Buckle up.
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Latest from Cryptocurrency
TikTok Trader Kidnapped, Beaten For Crypto—Turns Out, He Had None
negativeCryptocurrency
A young crypto influencer in France was violently abducted by a group of men who demanded €50,000 in cryptocurrency. The kidnappers forced him into a stolen car, beat him, and only released him after realizing his crypto wallet was nearly empty. The victim escaped with bruises and a six-day hospital stay, highlighting the dangerous risks tied to online financial fame.
Editor’s Note: This isn’t just another crypto scam—it’s a stark reminder of how digital notoriety can spill into real-world danger. As crypto content creators gain followers, they also become targets for criminals who assume they’re holding big money. The story underscores the darker side of the influencer economy, where visibility can come with serious physical risks.
Still Sleeping On XRP? Analyst Says $8 Breakout Is ‘Just Waiting’
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A crypto analyst known as Cantonese Cat is making waves with a bold prediction about XRP, the digital currency that’s been stuck in a tight trading range for over half a year. Despite its sleepy performance lately, he argues that XRP is quietly gearing up for a major breakout—potentially skyrocketing to $6 or even $8 once it shakes off its current slump. His take? The prolonged consolidation isn’t a sign of weakness but a coiled spring ready to snap.
Editor’s Note: For crypto investors, XRP has been a frustrating hold—neither crashing nor surging, just idling. But if this analyst’s technical read is right, patience could pay off big. A jump to $8 would mean massive gains for early holders, though skeptics might see this as more hopium in a market full of hype. Either way, it’s a reminder that in crypto, boring charts don’t always stay boring.
Cardano, Ripple whales flock to XYZVerse’s massive 40,000% potential
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While Cardano (ADA) and Ripple (XRP) prices are stuck in a rut, big-money investors—often called "whales"—are piling into XYZVerse, a memecoin that’s making wild promises of a 40,000% price explosion. The hype is fueled by rumors of an upcoming listing on a major exchange, though it’s worth noting this is labeled as #partnercontent, meaning it might be more promotional than impartial.
Editor’s Note: Memecoins are back in the spotlight, and this time, even serious crypto players are jumping on the bandwagon. If XYZVerse delivers even a fraction of its claimed potential, it could shake up the market—but with insane promises like 40,000% gains, skepticism is warranted. For traders, it’s a high-risk, high-reward gamble; for everyone else, it’s a reminder of how volatile and hype-driven crypto can be.
Bitget enters three-year partnership with UNICEF Luxembourg to advance blockchain literacy among young women
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Crypto exchange Bitget is teaming up with UNICEF Luxembourg for a three-year initiative aimed at boosting blockchain and digital skills for young women through the Game Changers Coalition. The partnership focuses on closing the gender gap in tech by providing education and resources to empower women in the blockchain space.
Editor’s Note: This isn’t just another corporate sponsorship—it’s a targeted effort to tackle the stark underrepresentation of women in blockchain and tech. By investing in education early, Bitget and UNICEF could help shape a more inclusive future for the industry, while also building a pipeline of skilled talent. For crypto skeptics, it’s a reminder that blockchain isn’t just about trading—it’s also a tool for social impact.
21Shares adds 5 new crypto ETP products on Stockholm Nasdaq
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Editor’s Note: For European investors, this is another sign that crypto is becoming more mainstream in traditional finance. ETPs let people invest in crypto without dealing with wallets or exchanges, lowering the barrier to entry. 21Shares' move signals confidence in demand—and could nudge other firms to follow suit.

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