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US-based economist Peter Schiff has hit hard at US President Donald Trump for aggressively pursuing a Bitcoin strategy. While Trump is backing Bitcoin in a personal capacity and as president, Schiff theorizes that the US dollar will be the biggest casualty. Bitcoin Is Harmful To Our Country, Says Peter Schiff Barely a day after Donald
The post Peter Schiff Says Donald Trump’s Bitcoin Push Is Hurting The Dollar appeared first on CoinGape.
Two Russian crypto entrepreneurs were briefly kidnapped in Buenos Aires in yet another attempt to achieve a ransom in crypto. The criminals received $43,000 in ransom, fleeing to the UAE after releasing the couple.
Reportedly, neither of the victims was seriously injured, and an outside acquaintance paid the ransom. Interpol subsequently put out a red notice for the perpetrators’ arrest.
Local media coverage provides several key details about this incident. For example, all five of the story’s main actors are Russian citizens: the victims, kidnappers, and the outside friend who paid the crypto ransom.
The two unnamed victims lived in Palermo, a long-standing hub of Argentina’s crypto community. Still, a lot of information remains under wraps.
These Russian crypto entrepreneurs were led to their kidnapping by a dinner invitation, but it’s not clear if they had any previous relationship with their assailants.
In any event, the attackers tied them up shortly afterward, demanding a $43,000 ransom. Apparently, their friend paid this quickly in a single transaction.
Local reports don’t mention any serious physical harm, and the couple was rescued within 24 hours. The woman managed to call for help from the apartment’s balcony, leading the police to discover that the kidnappers had long since fled.
These men quickly made it to the nearest airport and flew to the UAE.
Now that Interpol is looking for these Russian kidnappers, their arrest will hopefully follow. In an interesting twist, Judge María Romilda Servini was appointed to supervise the criminal case.
Judge Servini has appeared in several crypto-related prosecutions, ordering scrutiny of President Milei and consulting on Hayden Davis’ arrest warrant.
Crypto kidnappings are on the rise worldwide as a disturbing trend develops. An Italian millionaire was tortured in the US, and a crime ring orchestrated several violent attacks in France.
These Russian kidnappers only asked for a comparatively small crypto ransom, but they got their money. If the authorities don’t arrest them soon, this success could inspire even more copycats.
The post Russian Crypto Entrepreneurs Kidnapped in Argentina for $43,000 Ransom appeared first on BeInCrypto.
The Oregon Justice Department has recently filed a Coinbase lawsuit, sparking widespread attention and criticism. In a sharp rebuke, XRP lawyer Bill Morgan slammed Oregon’s XRP complaint on Coinbase as “dystopian nonsense,” highlighting the state’s apparent disregard for previous judicial decisions on token’s status.
This article studies the details of the department’s allegations against Coinbase and the XRP lawyer’s disagreement with the department’s claims.
In a recent X post, XRP attorney Bill Morgan drew attention to the inconsistencies in the latest Coinbase lawsuit filed by the Oregon Justice Department. The department, led by Attorney General Dan Rayfield, alleged that Coinbase, a top crypto exchange, breached its state financial rules by offering unregistered securities, including XRP.
Vehemently opposing Oregon’s arguments, Bill Morgan highlighted the XRP lawsuit updates since 2020. Emphasizing Judge Analisa Torres’ ruling that XRP is a non-security, the lawyer dismissed Oregon AG’s allegations as “dystopian nonsense.”
In the latest development, the Oregon department filed a lawsuit against Coinbase. According to Coinbase, Oregon AG Rayfield’s lawsuit is an act of ‘resurrecting the dead.’ The same allegation of offering unregistered securities that the US SEC previously dropped against Coinbase with prejudice is now being pursued by AG Rayfield in the suit.
Notably, XRP lawyer Bill Morgan highlights two reasons to conclude that the Coinbase lawsuit is illogical.
Firstly, Coinbase hadn’t sold XRP on its trading platform or Coinbase Prime for nearly three years since the US SEC filed a lawsuit. The exchange delisted the token in December and relisted it only after Judge Torres’ summary judgement decision. Thus, the current allegations of Oregon AG against the exchange could be deemed baseless.
Secondly, Judge Torres’s judgment explicitly stated that XRP itself is not a security. This contradicts the the justice department’s claim that XRP is a “crypto security”.
The post XRP Lawyer Labels Oregon AG’s Coinbase Lawsuit as ‘Dystopian Nonsense’; Here’s Why appeared first on CoinGape.
The US crypto market seems poised for bullish trends after Senate Banking Chair Tim Scott stated that most of the pending crypto bills will be passed by August 2025. As this deadline fast approaches, crypto traders are looking for the best altcoins to buy to make significant gains once demand for digital assets rises.
The recent remarks by Senator Scott coincide with a notable recovery across the crypto market today, April 13. At press time, Bitcoin and all the top ten altcoins were edging higher as the total crypto marketcap reached $2.79 trillion.
This rally may extend in the coming months as the US emerges as a leading crypto hub. According to Senator Scott, the pending crypto bills will ensure that the US dominates the digital asset space.
The statement also comes after US President Trump signed the first crypto-related bill. The bill, which was signed earlier this week, seeks to remove tax reporting requirements in the DeFi industry.
With the US emerging as one of the most pro-crypto countries, the top altcoins to buy today for investors to make significant gains are Ripple (XRP), Solana (SOL), and Pi Network (PI).
XRP is one of the top altcoins to buy today. One of the reasons that makes Ripple a good buy is that it is the largest US-made altcoin by market cap. Therefore, as the US crypto regulatpry framework changes, XRP is well-positioned to benefit.
The four-hour XRP price chart suggests the altcoin is in an uptrend. The RSI has risen to 63 showing a prevalence of buying pressure. Meanwhile, the MACD line and green histogram bars support the bullish thesis.
If the uptrend continues, XRP price may flip resistance at $2.23. Doing so will trigger a 17% rally to the 161.8% Fibonacci level of $2.61. If Ripple reaches This level, it might pave the way for more gains to new highs above $3.
Solana also ranks among the best altcoins to buy today. SOL trades at $132 today. April 13 after a 10% increase in 24 hours. Analyst Momin has shared a bullish Solana price prediction saying the altcoin might rally to $180 in the coming weeks.
The analyst also added that Solana is on the verge of making a decisive close above $120 on the weekly chart. If this happens, it will spark a Solana price rally towards $180. Additionally, Solana price has breached the upper trendline of a descending trendline, showing that the bullish momentum is strong, which may spark a surge to $257.
Pi Network price had posted a 15% gain at press time. Data from CoinMarketCap also shows that trading volumes have increased by 200% to over $663 million as buyers purchased the asset.
One of the reasons why Pi Coin is one of the best altcoins to buy ahead of the crypto bills being passed is the asset’s rising presence in the US. The altcoin will be adopted as a means of payment by firms like Zito Realty. At the same time, Chainlink has added Pi Network token to its Data Streams, making it more accessible.
Pi Coin is trading within an ascending triangle pattern on the four-hour price chart, which shows a positive outlook. At the same time, the AO histogram bars and the RSI are tipping north, which supports a bullish Pi Network price forecast.
The US will pass most of the pending crypto bills before August according to the Senate Banking Chair Tim Scott. Once these bills are passed, the crypto market is poised to make significant gains. The top altcoins to buy today to position yourself for these gains are XRP, SOL and Pi Coin.
The post 3 Altcoins to Buy as US Senate Banking Chair Gives August Deadline For Major Crypto Bills appeared first on CoinGape.