The memecoins have begun to rise as Bitcoin displays massive stability after the recent upswing. The bears failed to drag the levels lower, which suggests the markets could have probably risen despite the bearish influence. As a result, prices of dogwifhat (WIF), FLOKI & Bonk have managed to attract massive gains. Here’s why a memecoin mania appears to be imminent before a potential AltSeason.
dogwifhat (WIF) Price Aims for 80% Recovery
The weekly chart of WIF price suggests the memecoin has begun with a recovery after undergoing a correction
The price dropped below the neckline of the double-top pattern after facing a rejection, a couple of times from the ATH
The RSI has triggered a bullish divergence, which suggests the price is in between a strong recovery
However, the weekly Gaussian channel has turned bearish which raises concerns over the next price action
Therefore, the WIF price is required to secure $0.8 before the weekend which may invalidate bearish trajectory and a potential push towards $1
FLOKI Price Could Reach $0.0001
The FLOKI price has risen above the bearish captivity as the recent rise has helped the token to break the bearish pattern
After breaking above the resistance of the descending parallel channel, the FLOKI price maintained a strong upswing and rose above the pivotal range at $0.00006858
As the volume rises, the CMF also surged above 0 with a steep increase to 0.12, indicating a massive rise in the money flow
However, the token is yet to validate a breakout that could happen once the price closes and begins the fresh day’s trade above $0.00007
Once done, the FLOKI price is believed to squash a zero from its’ value and reach the pivotal range at around $0.00011.
Bonk Price at a Decisive Phase-May Trigger a 25% Rise
The BONK price has reached the neckline of the double bottom pattern and is experiencing a notable pullback
The RSI has maintained an incremental approach, which suggests the rising strength of the bulls
On the other hand, the Ichimoku cloud has just turned bullish as the price has risen above the cloud, and hence the cloud could act as a strong support
Hence, if the BONK price sustains within the range, a breakout could push the price towards the resistance just below $0.00002, which is weak, resulting in a pullback
Therefore, the BONK price is believed to maintain a consolidated ascending trend and rise above the resistance to enter the range between $0.000025 and $0.000026
At a time when the UN is discussing possibilities to counter the threat of crypto money laundering, a work report, presented by Ying Yong, the Procurator-General of the Supreme People’s Procuratorate, at the Third Session of the 14th National People’s Congress, reveals that nearly 3,032 people were prosecuted for crypto money laundering crimes in 2024. Let’s dive in to learn the details!
China’s Crackdown on Crypto Money Laundering
As per Yong’s work report, no fewer than 3,032 people were booked in connection with crypto money laundering crimes in 2024.
How does crypto money laundering work?
Criminals hide dirty money by turning it into anonymous cryptos. They mix these cryptos with others, making them impossible to trace. Then, they swiftly move the money through many crypto addresses. Finally, they cash it out, pretending it came from legal crypto trading or investments or use it to purchase high-value products.
China’s Action against Financial Fraud and Crimes
The same report states that around 25,000 people were arrested in China for financial fraud and crimes in 2024. This showcases that the Chinese government is keen to weed out the threat of financial fraud and crimes from its financial ecosystem.
The report also notes that in the same year, no fewer than 825 people were prosecuted for securities crimes, such as financial fraud and insider trading.
It also adds that around 42 people in the Evergrande Group case and 49 people in the Zhongzhi Group case were booked in the same year. Reports say that the China Securities Regulatory Commission is working with the procuratorate to clean up the private equity sector.
China’s approach to cryptos is characterised by prohibitions rather than regulation. There is not a single crypto regulator in the country; instead, several Chinese government entities enforce the country’s crypto restrictions.
The People’s Bank of China is a primary force behind China’s cryptocurrency crackdown. Various other agencies, including those responsible for financial stability, cybersecurity, and law enforcement, also contribute to the enforcement of cryptocurrency restrictions.
In conclusion, China’s strict legal action against financial crimes shows its commitment to controlling illegal crypto transactions and financial fraud. With thousands prosecuted, the government’s stance against crypto money laundering is clear.
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The post Crypto Money Laundering in China: Thousands Arrested in Government Crackdown appeared first on Coinpedia Fintech News
At a time when the UN is discussing possibilities to counter the threat of crypto money laundering, a work report, presented by Ying Yong, the Procurator-General of the Supreme People’s Procuratorate, at the Third Session of the 14th National People’s Congress, reveals that nearly 3,032 people were prosecuted for crypto money laundering crimes in 2024. …
The crypto markets faced a huge bearish action throughout the past week, while the bullish push during the weekend revived the possibility of a healthy recovery. No sooner had the BTC price erased all the gains incurred during the last trading day than the markets tumbled heavily. Currently, the Bitcoin price has dropped below the pivotal support at $102,800, which has dragged down the levels of the majority of the altcoins.
The Ethereum price has slumped below $2400, while the Solana price is trading close to $160. Meanwhile, the XRP price is heading close to the barrier at $2.3, while the Cardano price is approaching the crucial barrier at $0.7. On the other hand, the memecoins have also faced a massive bearish action, with BOOK OK MEME recording over a 10% loss, followed by dogwifhat, Fartcoin, and Mog Coin with over an 8% drop. No tokens have been attracting gains, which suggests the bears could have capitulated the market.
Why is the Crypto Market Down?
Multiple reasons other than the BTC profit-taking have been contributing to the crypto market plunge, like the drop in the ETF inflows, a security breach at Coinbase and a regulatory crackdown on illicit activities of Haowang Guarantee, one of the largest online black markets. On the other hand, the market volatility has triggered substantial liquidations, as more than $650 million worth of positions were liquidated.
One of the major reasons for the downfall of not only the crypto markets but also the stock markets is Moody’s decision to downgrade the US credit rating. Moreover, the agency warned that the country’s fiscal outlook was deteriorating as the national debt had risen to over $36.8 trillion from $21 trillion in 2020, which is believed to rise further.
What’s Next? Will Bitcoin Price Go Up?
The lowered prices of Bitcoin have again attracted the institutions, as MicroStrategy has again accumulated 7,390 BTC. On the other hand, the XRP and Micro XRP Futures are live on the CME Group, which has a major credibility upgrade with institutional futures. Meanwhile, BlackRock’s BTC ETF, IBIT, has pulled in nearly 2X the inflows of the GOLD ETF in 2025.
Hence, the momentum appears to be cooling, but the structure stays bullish as retail is piling in while whales quietly accumulate off-exchange, and sentiment’s heating up without tipping into mania. The BTC MACD flashes near-term caution with a bearish crossover, and open interest has pulled back, signalling reduced leverage and some profit-taking. Hence, one can expect a chop or a reset unless buyers step up fast.
Besides, the stablecoin inflows on exchanges are rising, and if the BTC price could rise back above $107K on real volume, the upside trend could accelerate. But for now, risk of consolidation or a shallow dip remains in play.
The post Crypto Markets are Plunging Hard—Is This the Best Buying Opportunity? appeared first on Coinpedia Fintech News
The crypto markets faced a huge bearish action throughout the past week, while the bullish push during the weekend revived the possibility of a healthy recovery. No sooner had the BTC price erased all the gains incurred during the last trading day than the markets tumbled heavily. Currently, the Bitcoin price has dropped below the …
At Paris Blockchain Week, BeInCrypto sat down with Andrey Fedorov, the Chief Marketing Officer and acting Chief Business Development Officer at STON.fi, to dive deep into the platform’s mission, roadmap, and broader views on the DeFi sector.
Andrey Fedorov shared insights into how Omniston, a liquidity aggregation protocol developed by STON.fi, aims to simplify and streamline decentralized liquidity access across the TON blockchain and beyond. It presents a unified integration point for DeFi apps, liquidity providers, and users alike.
Andrey Fedorov on Omniston
Omniston is a decentralized liquidity aggregation protocol that connects DeFi apps to TON liquidity. This protocol is built for the TON blockchain, which means that when users want to swap TON-based tokens, Omniston finds the best deals. I’d say this is a protocol and not an exchange in itself, but it does connect apps, for example, for some exchanges, wallets, games, some other apps that need to access liquidity. So, there are users in these apps who want to swap and trade tokens.
Andrey Fedorov at Paris Blockchain Week
Usually, DeFi apps need to find and integrate with various liquidity sources — a process that’s time-consuming, complex, and often expensive due to the integration work involved. That’s where Omniston comes in. Basically, instead of connecting to five or ten different liquidity sources one by one, you just integrate with Omniston once. It’s like this one plug-in point.
So when a DeFi app connects to Omniston, it automatically gets access to all these different liquidity sources that are already connected. And it works both ways — liquidity providers, market makers, and anyone who has liquidity, they also get access to the user base of those apps.
And the cool thing is, anyone can plug into Omniston. If you have access to liquidity, whether it’s on-chain (like liquidity pools or vaults) or off-chain (like private funds), you can integrate through Omniston. This makes your liquidity available to all the apps connected to Omniston.
As a result, users benefit from deeper liquidity, and liquidity providers can earn yield by serving those users. We use the term “liquidity providers” broadly — it includes market makers and any other entities that can supply liquidity.
About Omniston’s roadmap
Right now, Omniston is mainly focused on providing access — so we’re not charging anything at this stage. The idea is really to drive usage. We want people to connect and start building with it. Liquidity providers can already earn money, and the same goes for DeFi apps — they can build on top of Omniston and create their own revenue models.
As for monetization on our side, we think it’ll come, but probably not in the traditional ‘pay-to-use’ way. We just launched about a month ago, so it’s still very early. The priority right now is adoption. We want to get more apps plugged in, more liquidity providers onboarded. Once we scale that up, we’ll explore monetization options — but that doesn’t necessarily mean we’ll start charging across the board.
The STON.fi team is still finalizing KPIs. We’re testing everything live — this is a working product — so we’re figuring out the numbers as we go. But if I had to name one core metric right now, it’s connectivity. We want to connect as many applications as possible, and aggregate as much liquidity as we can. That’s the north star for us.
Looking at the roadmap, the next big step is cross-chain swaps. Omniston currently runs on the TON blockchain, but we’ve already built the architecture for cross-chain functionality, and we’re actively testing it. Over the next few months, we’ll be working on integration testing.
Of course, we’re taking it step by step. The next chain will likely be Tron, and then we’ll move into EVM ecosystems. But it’s not going to be all at once — we’re rolling this out gradually.
TON — The Ideal Blockchain for Omniston?
There are two reasons why we chose TON. First, it is a technically strong blockchain. Second, it’s rapidly becoming the native chain of Telegram, which has a massive user base of over one billion people.
TON helps us access these huge markets. A technically strong blockchain plus a huge market is a good fit. Additionally, the TON ecosystem offers solid developer support and growing resources, making it a compelling platform on which to build.
I would also add that the TON ecosystem is growing very fast, with strong support from the TON Foundation. Plus, with so many projects on the chain, they craft good documentation that shows the use cases and so on. For developers building on TON, this means they benefit not just from the strong support but also from the collective experience and momentum of the broader community — which is incredibly valuable.
The Impact of Crypto and Blockchain Regulation
First of all, I don’t think regulation is a limitation per se. It’s something we monitor closely, and we take all regulatory developments into account as we grow.
I would say that Europe has made some progress over here because of MiCA. Regulation in the United States is fragmented, but we still need to watch them closely. Our goal is to remain fully compliant — and we view that as necessary and inevitable.
Promising Crypto Trends
Everybody is speaking about AI agents. The concept is definitely compelling and has strong future potential, but the challenge is that there aren’t many clear, practical use cases yet. What we need to do now is find these good use cases, and currently, I would say that there are not so many. That’s the problem. But again, we need to watch this space closely.
From what I understand, AI agents are already being used to evaluate whether there is a balance in the market. It is interesting to use them for this specific test case, but this is only one. It is the most obvious one.
There’s definitely room to explore more impactful ways to combine AI with crypto. It’s an area worth studying closely, and while we’re still in the early stages, I don’t see any fundamental limitations holding us back.
