Connect with us

Crypto

Crypto Price Today: Bitcoin holds below $29,400; Shiba Inu, Dogecoin falls up to 3%

Published

on

Crypto Price Today: Bitcoin holds below ,400; Shiba Inu, Dogecoin falls up to 3%
The crypto tokens were trading mixed in Monday’s trade. Bitcoin, Ethereum, BNB, XRP, and Polygon were trading with marginal gains, while Ethereum, Dogecoin, Shiba Inu, Tron and Solana were trading with cuts.

Meanwhile, the global cryptocurrency market cap was trading flat, around $1.17 trillion, rising 0.03% in the last 24 hours.

“Crypto markets remained sideways over the weekend with Bitcoin trading close to $29,400. The lack of volatility has pulled Bitcoin futures trading volumes to their lowest levels since December 2022. This shows that traders may have been avoiding making moves at the current levels,” said, CoinDCX Research Team.

BTC volume stood at approximately $9.88 billion, rising 59.34% in the last 24 hours.

On Monday, the market cap of Bitcoin, the world’s largest cryptocurrency, was around $571 billion. Bitcoin’s dominance is currently 48.73%, according to CoinMarketCap.”The market, overall, seems to be headed toward price stability. BTC and ETH continue to trade within their respective narrow ranges around $29k and $1.8k. SHIB, which surged ahead of its upcoming layer-2 network launch, also observed some selling pressure in the last 24 hours,” Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said.

Advertisement

Rajagopal Menon, Vice President at WazirX, said, “Major market oscillators point to a Neutral sentiment. The Relative Strength Index (14) sits at 47, with a neutral outlook. The Stochastic %K (14, 3, 3) at 47 and the Average Directional Index (14) at 13 indicate a Neutral outlook.””The MACD Level (12, 26), at -77, indicates Buy. The Stochastic RSI Fast (3, 3, 14, 14) is Neutral at 43 and William’s Percentage too indicates a Neutral sentiment at -55.” Menon added.

Crypto Cart: Quick Glance (Source: coinmarketcap.com, data as of 12.09 hours, IST on August 14, 2023)

Bitcoin $29,387 0.04%

Ethereum $1,847 -0.04%

Tether $0.9987 -0.07%

Advertisement

BNB $240 0.04%

XRP $0.628 0.11%

Cardano $0.2906 0.03%

Dogecoin $0.07497 -1.72%

Solana $24.38 -1.25%

Advertisement

Polygon $0.6797 0.16%

Litecoin $82.2 -1.11%

Polkadot $5 -0.38%

Tron $0.07724 0.11%

Shiba Inu $0.0000103 -3%

Advertisement

(Note: Price change in last 24 hours)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crypto

Operator, employee of Bellflower company are charged in $1 million crypto investment scheme, DA says

Published

on

Operator, employee of Bellflower company are charged in  million crypto investment scheme, DA says

LOS ANGELES (CNS) — The operator and employee of a Bellflower financial services company are accused of allegedly stealing more than $1 million from low-income, primarily Spanish-speaking victims through a fraudulent cryptocurrency investment scheme, officials announced Friday.

Yone Rios, 53, of Rancho Cucamonga and Erwing Cuevas, 35, of Norwalk are each charged with 30 felony counts of grand theft. Rios is additionally charged with one felony count of forgery relating to an item exceeding $950 in value and one felony count of passing a non-sufficient funds check exceeding $950, according to the Los Angeles County District Attorney’s Office.

Between September 2020 and December 2022, Rios and Cuevas allegedly operated the scheme under the guise of a cryptocurrency mining business known as Zukre Platform Corporation. Although Zukre claimed to install, maintain and operate computing equipment to mine cryptocurrency, the company conducted no such operations and was not a registered business in California, prosecutors said.

The defendants allegedly recruited victims through their financial services business, Fuego Tax, also known as Supremo Tax, in Bellflower. Victims visited Fuego Tax to obtain assistance applying for high-limit credit cards and loans, but were often urged to use the loans or credit that Fuego Tax had assisted them in applying for to pay into the scheme, the District Attorney’s Office alleges.

Prosecutors contend Rios and Cuevas told victims that the investments were risk-free, guaranteed and protected by insurance. They allegedly provided “clients” with written contracts and instructed them to download a Zukre- branded mobile application, which purported to show ongoing profits from their investments, officials said.

Advertisement

Individual investments ranged from nearly $4,500 to $280,000. Despite repeated attempts, none of the victims received any returns or was able to recover their principal investments, according to the District Attorney’s Office.

Prosecutors are requesting bail be set for each defendant at $600,000.

If convicted as charged, Rios would face a sentence of up to 23 years and eight months in state prison, while Cuevas would face up to 21 years and four months behind bars, authorities said.

“My office will not tolerate financial predators who purport to offer legitimate services, but instead offer lies and devastating financial loss,” L.A. County District Attorney Nathan J. Hochman said in a statement. “Let me be clear: If you steal from our communities, whether in the streets or through sophisticated investment or cryptocurrency schemes, we will find you and hold you accountable to the fullest extent of the law.”

Copyright © 2025 by City News Service, Inc. All Rights Reserved.

Advertisement
Continue Reading

Crypto

Bitcoin ATM Giant Hit With $300K Penalty – News Bytes Bitcoin News

Published

on

Bitcoin ATM Giant Hit With 0K Penalty – News Bytes Bitcoin News
Coinme, a bitcoin ATM operator, has been penalized by California regulators for breaking new digital asset kiosk laws, leading to a consent order that includes restitution, staged financial penalties, and strict compliance requirements.
Continue Reading

Crypto

Quid Miner Launches Global Cloud Mining Mobile App to Help Cryptocurrency Investors Generate Daily Income

Published

on

Quid Miner Launches Global Cloud Mining Mobile App to Help Cryptocurrency Investors Generate Daily Income

Newbury, Berkshire, UK, June 27, 2025 (GLOBE NEWSWIRE) — As the blockchain ecosystem becomes more and more complete, the cryptocurrency market is gradually integrated into the global financial system, but market fluctuations are still frequent. Coupled with the factors of intensified geopolitical tensions, in this uncertain background, a question worthy of attention has begun to become particularly urgent:

Besides holding onto my coins and waiting for the price to go up, how else can I use these assets more robustly?

British cloud mining platform Quid Miner has launched a new solution, dedicated to helping crypto asset holders move from “static coin holding” to “continuous appreciation”. Through the Quid Miner intelligent cloud mining service platform, let digital assets truly start to “work for you every day”. Convert idle assets into productive assets. Let crypto assets truly realize their effectiveness.

Advertisement

Activate your crypto assets with computing power contracts

Many crypto investors choose to hold their coins and wait for prices to rise, but the frequent market fluctuations often catch people off guard. Quid Miner provides a smarter and more proactive method: through secure cloud mining contracts, you can convert your holdings of mainstream currencies such as LTC, XRP, ETH, DOGE, etc. into daily stable income. Truly realize the efficient use of assets.

This model does not involve complex trading operations, and there is no need to worry about “buying at a high point”. Digital assets directly participate in the operation of cloud mining machines through contracts, and the platform manages technology, energy consumption and maintenance in a unified manner. Users only need to wait for daily income to be automatically settled.

Multi-currency support:

including mainstream currencies such as DOGE, BTC, ETH, SOL, BCH, XRP, USDC, LTC, USDT (TRC20 / ERC20), and you can switch currencies and configure mining strategies at any time.

Advertisement

Diversified contracts: meet the mining strategies of different users:

Classic contracts (1-7 days): suitable for novices to try, short cycle, experience the complete process.

Flexible contracts (12-30 days): balance income and cycle, suitable for users who want stable accumulation.

Advanced contracts (36-50 days): suitable for long-term coin holders, get higher computing power configuration and better income

Safe and compliant, simple operation:

Advertisement

Relying on the dual protection of McAfee® and Cloudflare®, it operates legally and compliantly, and supports access by users around the world. All fee structures are fully transparent, with no hidden fees.

Zero hardware investment, green energy mining:

Both the mobile version and the web version can be operated, no equipment or technical foundation is required. , one-click to start cloud mining. 100% renewable energy is used to achieve both environmental protection and efficiency

What is cloud mining?

‌Cloud mining is a method of mining cryptocurrencies such as Bitcoin by renting remote cloud computing power. Users only need to purchase contracts through legal investment to mine. The platform can run computing power mining for users in the cloud, which is simple and convenient, allowing more users around the world to participate directly and earn stable passive income every day.

Advertisement

How to start your mining journey with QuidMiner

⦁ Visit the official website: https://quidminer.com/

⦁ Create your account via email. New users can receive a $15 computing power reward

Flexible configuration according to personal budget, different contracts have different computing power, amount and cycle, and the income will also vary.

Please click to download the official mobile app to check your mining progress and income anytime, anywhere.

Advertisement

Quid Company Platform Overview

Quid Miner was founded in the UK in 2010. It strictly abides by international regulatory standards and provides services to more than 8 million users in more than 180 countries/regions around the world. Users do not need to bear the risk of drastic market fluctuations. They only need to choose the right mining contract investment to enjoy stable passive income. Whether you are a novice investor or an experienced trader, the mining solution provided by Quid Miner is becoming another path to seek steady progress in an uncertain market.

Summary:

In the turbulent cryptocurrency market, Quid Miner provides a more robust new path under the reality of “holding coins = losing money”: by choosing a safe cloud mining contract, you can continue to generate cash flow from encrypted digital assets such as XRP, BTC, DOGE and ETH. No technology or market prediction is required to open a new channel for daily income. Whether you are a long-term holder of XRP or a diversified cryptocurrency holder, Quid Miner can provide you with a practical way to unlock the profit potential of your portfolio.

Advertisement

For more details, please visit the official website of the platform: https://quidminer.com

Official platform email: info@quidminer.org

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

Name: Quid Miner

Email: info@quidminer.org

Advertisement
Continue Reading

Trending