Australia has taken decisive action against a network of crypto scams, shutting down over 90 companies involved in fraudulent activities.

Australia has taken decisive action against a network of crypto scams, shutting down over 90 companies involved in fraudulent activities. These operations were linked to pig butchering schemes that resulted in significant global financial losses. The crackdown highlights the country’s commitment to tackling crypto-related fraud.

The US Department of Justice is reportedly considering dismantling its dedicated cryptocurrency unit. This move comes amid ongoing debates about the regulation and oversight of digital assets within the United States. Such changes could impact how future cases involving cryptocurrencies are handled.

In another development, MEXC Global is set to launch its decentralized exchange (DEX) Alpha soon. This initiative aims to provide users with more control over their trading activities while enhancing security measures on the platform. The launch reflects growing interest in decentralized finance solutions.

#Bitcoin and #Ripple have been among the most discussed tokens recently due to regulatory actions and new product launches.

Future Predictions & Token Movements

#Bitcoin experienced a notable drop of 26%, raising concerns among investors about further declines. Analysts are closely monitoring market conditions for potential recovery signals or additional downward trends.

Meanwhile, #XRP saw a price increase following news that its first 2x leveraged ETF would be listed on NYSE this week. This development has sparked optimism among traders anticipating further gains from this exposure boost.

Experts predict continued volatility for major altcoins like #Cardano as they approach key support levels amidst broader market fluctuations. These movements highlight ongoing uncertainty within the cryptocurrency space driven by external factors such as regulations and technological advancements.

#XRP remains an important token based on recent positive movements tied directly to strategic developments like ETF listings.

Hyped tokens:
#Bitcoin 🪙: Widely discussed due to significant price drops.
#Ripple 🚀: Gaining attention with new leveraged ETF listing.
#MEXC_Global 🔄: Anticipation around upcoming DEX Alpha launch.

Best Tokens to Watch:
#XRP 📈: Strong momentum from strategic moves like NYSE listing.