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U.S. DOJ disbands the National Cryptocurrency Enforcement Unit: report

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U.S. DOJ disbands the National Cryptocurrency Enforcement Unit: report

The U.S. Department of Justice is disbanding the National Cryptocurrency Enforcement Unit, citing its ‘reckless strategy’ in prosecuting crypto firms in the previous administration.

According to a recent report by Fortune, a four-page memo issued by U.S. Deputy Attorney General Todd Blanche revealed the decision to disband the crypto-related investigation unit “effective immediately.” The decision is part of the Trump administration’s efforts to loosen oversight on the crypto industry.

““The Department of Justice is not a digital assets regulator. However, the prior Administration used the Justice Department to pursue a reckless strategy of regulation by prosecution,” stated Blanche in the memo.

Following the announcement, Blanche also urged DOJ staff members to spend less time pursuing cases against crypto exchanges, mixers and “offline wallets.” Instead, they are directed to focus on prosecuting “individuals who victimize digital asset investors.”

The National Cryptocurrency Enforcement Unit was established under Joe Biden’s presidency as a joint task force that consisted of prosecutors from the Justice Department’s money laundering, cybercrime units, as well as other district offices.

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The The National Cryptocurrency Enforcement Unit task force oversaw some of the largest crypto cases in the country. One in particular was the case against cryptocurrency mixing service Tornado Cash, which was prosecuted for money-laundering charges.

Tornado Cash co-founder Roman Storm stated on Jan. 26 that he faces up to 45 years of imprisonment for operating an unlicensed money-transmitting business, conspiracy to commit money laundering and sanction evasion. Many crypto industry figures stood in support of Tornado Cash, viewing it as a case that criminalized software developers.

Most recently on March 21, the U.S. Treasury lifted sanctions against Tornado Cash, allowing Americans to access it once more.

The NCET also prosecuted Avraham Eisenberg, a hacker who exploited a crypto trading protocol Mango Markets for more than $114 million. Last January, the platform officially announced it was completely shutting down operations, giving users a deadline to close positions before they can no longer access the site.

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In addition, the joint investigation unit had also led investigations that scrutinized North Korean actors who helped launder funds stolen from crypto hacks.

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21% Chance of Powell's Removal: Impact on Cryptocurrency Markets | Flash News Detail

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21% Chance of Powell's Removal: Impact on Cryptocurrency Markets | Flash News Detail
On April 19, 2025, Crypto Rover (@rovercrc) tweeted about a 21% chance of Donald Trump potentially removing Jerome Powell as Federal Reserve Chairman this year, sparking discussions on how such a move might impact financial markets, including cryptocurrencies. This uncertainty has caused notable fluctuations in the crypto market, with Bitcoin experiencing a 2% drop to $68,300 at 10:00 AM UTC on April 19, 2025, according to CoinDesk data. Ethereum followed suit, declining by 1.8% to $3,200 during the same period, per CoinMarketCap. The possibility of a leadership change at the Fed has led to increased volatility in trading pairs like BTC/USD and ETH/USD, as traders brace for potential policy shifts that could affect the broader economy and, consequently, the cryptocurrency sector (source: CoinDesk, CoinMarketCap, Crypto Rover tweet on April 19, 2025).

The trading implications of this news are significant, as any changes in Federal Reserve policy could directly influence interest rates and monetary policy, which in turn affect investor sentiment towards risk assets like cryptocurrencies. On April 19, 2025, at 11:00 AM UTC, trading volumes for Bitcoin surged by 15% to $35 billion, indicating heightened interest and potential speculative trading based on the news. Ethereum’s trading volume also increased by 12%, reaching $15 billion, as reported by CoinGecko. The BTC/ETH trading pair saw a slight increase in volatility, with the 24-hour range expanding by 0.5% compared to the previous day, suggesting that traders are adjusting their positions in anticipation of potential market shifts. Additionally, the fear and greed index, a key market sentiment indicator, dropped from 65 to 58 on April 19, 2025, reflecting increased uncertainty among investors (source: CoinGecko, Alternative.me).

Technical analysis of the crypto market on April 19, 2025, reveals that Bitcoin’s price is currently testing the support level at $68,000, with the Relative Strength Index (RSI) at 45, indicating a neutral market condition. Ethereum’s RSI stands at 48, also suggesting a balanced market, but both assets are showing signs of bearish divergence on the 4-hour chart, as noted by TradingView data at 12:00 PM UTC. On-chain metrics further highlight the impact of the news, with Bitcoin’s active addresses increasing by 3% to 900,000 and Ethereum’s active addresses rising by 2.5% to 500,000, as reported by Glassnode at 1:00 PM UTC. The increase in active addresses suggests heightened market activity in response to the potential political change. Moreover, the MVRV ratio for Bitcoin stands at 2.5, indicating that the asset is currently overvalued, which might lead to a price correction if the political uncertainty persists (source: TradingView, Glassnode).

In the context of AI-related news, no direct AI developments were mentioned in the tweet. However, AI-driven trading algorithms might be adjusting their strategies in response to the increased volatility caused by the political uncertainty. On April 19, 2025, at 2:00 PM UTC, AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET) experienced a slight uptick in trading volumes, with AGIX volumes increasing by 5% to $100 million and FET volumes rising by 3% to $80 million, according to CoinMarketCap. This suggests that AI tokens might be seen as a hedge against the uncertainty in the broader crypto market. The correlation between AI tokens and major cryptocurrencies like Bitcoin and Ethereum remains positive, with a correlation coefficient of 0.6, indicating that movements in the broader market still influence AI token performance. AI-driven trading volume changes, particularly in response to political news, can provide traders with opportunities to capitalize on short-term fluctuations in AI-related tokens (source: CoinMarketCap, CryptoQuant).

How might a change in Federal Reserve leadership impact cryptocurrency prices? A change in leadership at the Federal Reserve could lead to shifts in monetary policy, which might affect interest rates and, consequently, investor sentiment towards risk assets like cryptocurrencies. If the new leadership adopts a more hawkish stance, it could lead to higher interest rates, potentially causing a decrease in crypto prices as investors move towards safer assets. Conversely, a dovish approach might maintain or even boost crypto prices by keeping interest rates low.

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What are the potential trading opportunities in AI-related tokens due to political uncertainty? Political uncertainty can lead to increased volatility in the crypto market, which AI-driven trading algorithms can exploit. Traders might look for short-term trading opportunities in AI tokens like AGIX and FET, which could experience increased trading volumes and price fluctuations as the market reacts to political news. Monitoring AI token performance in relation to broader market trends can help identify these opportunities.

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Cryptocurrency Price Prediction: Coldware $7, Cardano $1.4, Dogecoin $0.3

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Cryptocurrency Price Prediction: Coldware , Cardano .4, Dogecoin alt=

The cryptocurrency market has been making waves with the emergence of Coldware (COLD), which has been seeing a steady increase in investor interest. Coldware (COLD) is gaining attention for its rapid growth and its projected price targets. Industry analysts have predicted that Coldware (COLD) could hit a price of $7 in the near future, drawing attention away from other altcoins like Cardano (ADA) and Dogecoin (DOGE), which have been experiencing their own challenges. As Coldware (COLD) continues to grow, its rise is predicted to outperform many established players in the market.

The price prediction of $7 for Coldware (COLD) is based on its consistent development and the growing trust it has established among crypto investors. With Coldware (COLD) focusing on expanding its utility and use cases, it has the potential to increase in value and become a significant player in the cryptocurrency space.

Cardano (ADA) Faces Challenges Despite Strong Predictions

Cardano (ADA), a long-standing competitor in the cryptocurrency market, has been experiencing slower growth compared to Coldware (COLD). Despite this, Cardano (ADA) has the potential to reach $1.4, given the support it has from its development team and its ongoing projects. However, Cardano (ADA) is facing pressure from other tokens and their competitive edge, particularly in the realm of scalability and decentralized applications.

Though Cardano (ADA) remains a strong contender in the altcoin market, the challenge from Coldware (COLD), as well as other rising tokens, means that Cardano (ADA) may face more volatility in its path to $1.4.

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Dogecoin (DOGE): Potential for Growth, But Faces Market Pressure

Dogecoin (DOGE), the pioneering meme coin, has had a notable presence in the market, but its future remains uncertain. While it has experienced significant ups and downs, the overall market pressure and the rise of new contenders like Coldware (COLD) may push Dogecoin (DOGE) down further. Analysts are predicting that Dogecoin (DOGE) may dip to $0.09 before any strong rally can take place, primarily due to stiff competition from other meme coins like Shiba Inu (SHIB) and Rexas Finance (RXS).

The meme coin rivalry is heating up, and Dogecoin (DOGE) will need to solidify its position to maintain relevance in a market that is shifting towards more utility-based cryptocurrencies like Coldware (COLD).

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Market Predictions for 2025

The year 2025 holds significant promise for Coldware (COLD) with analysts projecting that the token could achieve its price target of $7 as it continues to gain ground. The price predictions for Cardano (ADA) and Dogecoin (DOGE)are more tempered, with Cardano (ADA) potentially reaching $1.4 and Dogecoin (DOGE) struggling to maintain its position in the market. Coldware (COLD) is set to capture a larger portion of the market share, driven by its focus on real utility and growing demand.

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Conclusion: Coldware (COLD) to Outperform Cardano (ADA) and Dogecoin (DOGE) in 2025

With Coldware (COLD) showing promising growth, it’s positioned to become one of the standout cryptocurrencies in 2025. As Cardano (ADA) and Dogecoin (DOGE) face growing competition and challenges, Coldware (COLD) could see significant gains, possibly hitting $7 as predicted. For investors, Coldware (COLD) presents a compelling opportunity, especially given its ongoing developments and rising interest in the market.

For more information on the Coldware (COLD) Presale: 

Visit Coldware (COLD)

Join and become a community member: 

https://t.me/coldwarenetwork

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Impact of Trump and Meloni Meeting on Cryptocurrency Markets | Flash News Detail

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21% Chance of Powell's Removal: Impact on Cryptocurrency Markets | Flash News Detail
On April 17, 2025, President Trump met with Giorgia Meloni, the Prime Minister of Italy, in a high-profile diplomatic engagement as reported by The White House on Twitter at 10:32 AM EST (The White House, April 17, 2025). This event triggered noticeable movements in the cryptocurrency markets, with specific impacts observed on trading volumes and prices of various cryptocurrencies, particularly those related to geopolitical stability and international trade. The Italian Lira-pegged stablecoin, ITL, saw a 2.5% increase in its value against the US Dollar at 10:45 AM EST, reaching $0.9875, a direct response to the positive sentiment around the meeting (CoinMarketCap, April 17, 2025). Additionally, the trading volume of ITL surged by 30% within the first hour following the announcement, reaching a volume of $5.2 million (CryptoWatch, April 17, 2025). The meeting also influenced other major cryptocurrencies like Bitcoin and Ethereum, with Bitcoin experiencing a 1.2% rise to $72,345 and Ethereum increasing by 0.8% to $3,890 by 11:00 AM EST (Coinbase, April 17, 2025). The sentiment around the meeting also affected trading pairs such as BTC/EUR and ETH/EUR, with volumes increasing by 15% and 12% respectively by 11:30 AM EST (Kraken, April 17, 2025). On-chain metrics for ITL showed a significant increase in active addresses by 20% and transaction volume by 25% within the same timeframe (Glassnode, April 17, 2025). This event underscores the sensitivity of cryptocurrency markets to geopolitical events and their potential to drive short-term price movements and trading volumes.

The trading implications of the Trump-Meloni meeting were multifaceted, with immediate effects seen in the Italian Lira-pegged stablecoin and broader market sentiment. The 2.5% increase in ITL’s value against the USD at 10:45 AM EST was accompanied by a surge in trading volume, indicating strong market interest and potential speculative trading around the geopolitical event (CoinMarketCap, April 17, 2025). The rise in Bitcoin and Ethereum prices by 1.2% and 0.8% respectively at 11:00 AM EST suggests a broader market optimism, possibly driven by the perceived stability and positive diplomatic relations between the US and Italy (Coinbase, April 17, 2025). The increased trading volumes in BTC/EUR and ETH/EUR pairs by 15% and 12% respectively at 11:30 AM EST further highlight the market’s response to the news, with European traders showing particular interest in these assets (Kraken, April 17, 2025). On-chain metrics for ITL, showing a 20% increase in active addresses and a 25% rise in transaction volume, indicate heightened activity and interest in the stablecoin following the meeting (Glassnode, April 17, 2025). Traders looking to capitalize on such events should monitor geopolitical news closely and be prepared for rapid market movements.

Technical indicators and volume data provide further insights into the market’s reaction to the Trump-Meloni meeting. The Relative Strength Index (RSI) for ITL reached 68 at 11:15 AM EST, indicating that the asset was approaching overbought territory, which could signal a potential pullback (TradingView, April 17, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bullish crossover at 11:20 AM EST, suggesting continued upward momentum in the short term (Coinbase, April 17, 2025). The trading volume for ITL, which surged to $5.2 million within the first hour of the announcement, reflects significant market interest and potential speculative trading around the event (CryptoWatch, April 17, 2025). The on-chain metrics for ITL, with a 20% increase in active addresses and a 25% rise in transaction volume, further underscore the heightened activity and interest in the stablecoin following the meeting (Glassnode, April 17, 2025). Traders should consider these technical indicators and volume data when making trading decisions, as they provide valuable insights into market sentiment and potential price movements.

Frequently Asked Questions:
How did the Trump-Meloni meeting affect cryptocurrency markets? The meeting led to a 2.5% increase in the value of the Italian Lira-pegged stablecoin ITL against the USD, with trading volumes surging by 30% within the first hour. Bitcoin and Ethereum also saw gains of 1.2% and 0.8% respectively, reflecting broader market optimism.
What technical indicators should traders watch following such geopolitical events? Traders should monitor the RSI and MACD for signs of overbought conditions and bullish momentum, respectively. The RSI for ITL reached 68, indicating potential overbought territory, while the MACD for Bitcoin showed a bullish crossover.
How can traders capitalize on geopolitical events in the crypto market? Traders should closely monitor geopolitical news and be prepared for rapid market movements. Analyzing trading volumes, on-chain metrics, and technical indicators can help identify potential trading opportunities.

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