TokenPost reporter
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Stories by Riza Dagoc
- Crypto Startup Founder Charged with $1M Fraud Scheme
Jeremy Jordan-Jones, founder of the now-defunct crypto startup Amalgam, has been charged with multiple counts of fraud for allegedly defrauding investors of over $1 million. Federal prosecutors claim Jordan-Jones fals…
· Regulation
- Prosecutors Defend Withholding FinCEN Opinion in Tornado Cash Case
Federal prosecutors are facing backlash for withholding key information in the case against Tornado Cash developer Roman Storm. Defense attorneys argue that prosecutors violated their Brady obligations, which require …
· Regulation
- Stablecoins Poised to Transform Global Finance by 2027
The future of money is being shaped by stablecoins, now seen not as crypto tools but as foundational financial infrastructure. At Paxos’ Global Dollar Network event, Sergio Mello of Anchorage Digital said the next thr…
· Regulation
- Bitcoin Miners Sell Off Record Reserves Despite Price Surge
Bitcoin surged past $109,000 this week, hitting a new all-time high, but miners aren’t celebrating. According to TheMinerMag, public bitcoin miners offloaded 115% of their BTC production in April—selling more than the…
· Insights & Views
- Bitcoin Stalls Below $110K After Hitting New All-Time High
Bitcoin (BTC) surged to a record high of $109,754 on Wednesday before sharply retreating to around $106,000, slipping nearly 3% amid profit-taking and broader market concerns. As of press time, BTC was trading just ab…
· Investing
- CFTC Faces Leadership Vacuum Amid Crypto Regulatory Transition
The U.S. Commodity Futures Trading Commission (CFTC), poised to become the primary regulator for the crypto industry, is facing a significant leadership gap. Democrat Kristen Johnson announced her intention to step do…
· Regulation
- Hong Kong Approves Stablecoin Bill to Launch Licensing Regime by Year-End
Hong Kong has officially passed its stablecoin bill, paving the way for a new licensing framework for fiat-backed stablecoin issuers. The bill, approved during its third reading by the Legislative Council, marks a maj…
· Regulation
- Bitcoin Surges Past Amazon to Become Fifth-Largest Global Asset
Bitcoin (BTC) has climbed to the fifth-largest asset in the world, reaching a record high of $109,400 on Wednesday and pushing its market capitalization to $2.16 trillion—overtaking Amazon’s $2.15 trillion valuation. …
· Investing
- Sam Altman’s Worldcoin Project Raises $135M to Expand U.S. Presence
Sam Altman’s blockchain initiative, Worldcoin, has raised $135 million in a private token sale of its native cryptocurrency, WLD. The funding round was led by prominent venture capital firms Andreessen Horowitz (a16z)…
· Technology
- ASIC Seeks High Court Appeal in Landmark Crypto Yield Product Case
Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), is seeking special leave from the High Court to appeal a Federal Court ruling in favor of crypto firm Block Earner. The cas…
· Regulation
- Argentina’s Milei Ends Libra Coin Probe Amid Ongoing Crypto Controversy
Argentine President Javier Milei has officially disbanded a government task force investigating his involvement in the controversial launch of the meme coin Libra (LIBRA). According to documents published on the gover…
· Regulation
- Texas Advances Bitcoin Reserve Bill, Following New Hampshire’s Lead
The Texas House of Representatives has approved Senate Bill 21, known as the Texas Strategic Bitcoin Reserve and Investment Act, with a strong 105-23 vote. This marks a major step toward Texas becoming the second U.S.…
· Regulation
- SEC Sues Unicoin Over $100M Crypto Fraud and False Real Estate Claims
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against crypto company Unicoin and its executives, alleging securities fraud tied to over $100 million in investor funds. The complaint names CEO A…
· Regulation
- Ripple’s Potential Acquisition of Circle Sparks Antitrust Fears, ‘Crypto Apocalypse’ Warning
MetaLeX Labs founder and crypto attorney Gabriel Shapiro has warned that Ripple acquiring Circle could trigger a "crypto apocalypse" and likely face regulatory pushback. Shapiro claims the deal could allow Ripple to d…
· Insights & Views
- Bitcoin Nears Record High as GENIUS Act Advances, Boosting Crypto Market
Bitcoin continued its bullish momentum on Wednesday, nearing its all-time high following the U.S. Senate's advancement of the GENIUS Act, a landmark stablecoin regulation bill. The cryptocurrency rose 1.4% to $107,595…
· Investing
- BlackRock’s IBIT ETF Set to Surpass Satoshi as Top Bitcoin Holder
BlackRock’s iShares Bitcoin Trust ETF (IBIT) could soon become the largest Bitcoin holder, potentially overtaking the pseudonymous creator Satoshi Nakamoto by next summer, according to Bloomberg ETF analyst Eric Balch…
· Investing
- XRP Ledger Sees Record Growth as EVM Integration Boosts Adoption
The XRP Ledger (XRPL) is experiencing unprecedented growth, marking two consecutive quarters of rising metrics for the first time since early 2023, according to a new report by Messari.
· Insights & Views
- Pompliano Reveals Why Bitcoin’s Rise Is Unstoppable
Crypto veteran Anthony Pompliano has shared new insights into Bitcoin’s long-term growth, attributing its unstoppable rise to expansionary monetary policies. In a recent post on X (formerly Twitter), Pompliano dismiss…
· People
- Ethereum Co-Founder Transfers $262M in ETH to Kraken, Sparking Sell-Off Fears
Ethereum co-founder Jeffrey Wilcke has transferred 105,732 ETH, worth approximately $262 million, to crypto exchange Kraken—raising market concerns over a potential large-scale sell-off. Data from Arkham Intelligence …
· People
- SEC Delays Decision on 21Shares XRP ETF as Approval Hopes Rise
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on 21Shares’s proposal to launch a spot-based XRP exchange-traded fund (ETF). While the delay might seem concerning to XRP holders, it falls…
· Regulation
- Dogecoin Whale Activity Surges as 60.9B DOGE Moved in 24 Hours
Dogecoin (DOGE) has witnessed a major spike in large transaction volume, soaring by 41.12% in the past 24 hours, according to data from IntoTheBlock. Whale wallets moved an impressive 60.9 billion DOGE—worth roughly $…
· Investing
- Solana Eyes Breakout as Technical Indicators Align Near $170
Solana (SOL) is approaching a potential breakout as pressure mounts near the $170 resistance level. Following a strong rally in late April and early May, SOL has entered a consolidation phase, forming a descending wed…
· Investing
- Dogecoin Stalls at $0.22 as Traders Await Breakout Move
Dogecoin (DOGE) is showing signs of stagnation, with the asset trading sideways around $0.22 after failing to sustain momentum from an earlier breakout this month. The current price action suggests a period of consoli…
· Insights & Views
- Bitcoin Soars Past $105K After Shocking Fakeout Shakes Market
Bitcoin (BTC) delivered a dramatic market twist, plunging briefly below the $100,000 level before roaring back above $105,000, leaving short sellers stunned. The dip appeared to signal a trend reversal and triggered w…
· Investing
- NYC Launches Digital Assets Council to Boost Fintech Jobs and Blockchain Innovation
New York City is stepping up its commitment to digital innovation with the launch of a Digital Assets Advisory Council, Mayor Eric Adams announced at a fintech summit held at Gracie Mansion. The initiative aims to att…
· Regulation
- GENIUS Act Clears First Major Hurdle, Signals Bipartisan Support for Stablecoin Regulation
The GENIUS Act, a landmark stablecoin regulation bill, has successfully passed its first major procedural vote in Congress, marking a pivotal step toward comprehensive stablecoin legislation in the U.S. Notably, 16 De…
· Regulation
- XRP Teeters at 26 EMA Support as Bullish Momentum Fades
XRP is trading dangerously close to its 26-day Exponential Moving Average (EMA), a key support level currently positioned near $2.31. A breakdown below this point could trigger a sharper correction, with immediate dow…
· Investing
- Ethereum Faces Bearish Breakdown After Failing to Hold $3,000
Ethereum (ETH) has entered a short-term downtrend, jeopardizing its recent bullish momentum after slipping below the critical $3,000 level. The drop comes after ETH’s earlier breakout this month, which saw the token s…
· Investing
- DigiAsia Eyes $100M Raise to Launch Bitcoin Treasury Reserve
DigiAsia Corp (NASDAQ: FAAS) is making headlines with plans to raise up to $100 million to establish a bitcoin treasury reserve, aiming to diversify its balance sheet and tap into the long-term potential of BTC. The f…
· Business
- CME Launches XRP Futures, Marking Major Milestone for Institutional Adoption
XRP futures made their debut on CME Group’s derivatives platform on May 19, recording a trading volume of over $1.5 million in the first session. While the launch saw modest volumes compared to BTC and ETH futures, it…
· Investing
- Bitcoin Nears $106K as Crypto Markets Defy Risk-Off Sentiment
Bitcoin (BTC) and Ethereum (ETH) led crypto markets higher over the past 24 hours, defying broader market weakness following Moody’s surprise downgrade of U.S. credit. BTC rose back toward the $106,000 level, briefly …
· Investing
- Ripple CEO Hails CME's XRP Futures Launch as Institutional Milestone
Ripple CEO Brad Garlinghouse has called the launch of XRP futures by CME Group a major step forward for institutional adoption of the digital asset. Earlier today, CME officially launched both standard and micro XRP f…
· Insights & Views
- Ripple CEO Slams Sen. Lummis Over Canceled Meeting Amid Crypto Reform Push
Ripple CEO Brad Garlinghouse has voiced frustration over a canceled meeting with U.S. Senator Cynthia Lummis, calling for stronger engagement from lawmakers as the U.S. navigates key decisions on crypto regulation.
· People
- Ripple and Coinbase Reportedly Competing to Acquire Circle Amid IPO Plans
Ripple is reportedly in a bidding war with Coinbase to acquire fintech giant Circle, according to a recent report by Fortune. Citing anonymous sources from private equity and banking sectors, the report indicates that…
· Business
- Spot Bitcoin ETFs Surpass $40 Billion in Inflows, Signaling Strong Institutional Demand
Spot Bitcoin ETFs have achieved a major milestone, surpassing $40 billion in cumulative inflows as of May 19, according to Gracy Chen, CEO of leading crypto exchange Bitget. This development underscores growing instit…
· Investing
- XRP Price Teeters on 26 EMA Support Amid Bearish Momentum
XRP is approaching a critical juncture as it tests the 26-day Exponential Moving Average (EMA), a key dynamic support level. Currently trading at $2.31, a break below this line could trigger a steep correction, with d…
· Investing
- Ethereum Slips Below $3K as Falling Wedge Breakdown Signals Bearish Shift
Ethereum (ETH) has entered a short-term downtrend, threatening to erase its recent bullish momentum. After a strong breakout earlier this month that pushed ETH above the 200-day EMA for the first time in months, the r…
· Investing
- StraitsX Launches XSGD Stablecoin on XRP Ledger to Boost Cross-Border Payments
StraitsX, a regulated crypto infrastructure provider licensed by the Monetary Authority of Singapore, has launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL). This move aims to meet the ris…
· Business
- Senate Divided Over Stablecoin Regulation as Key Vote Nears
A landmark U.S. crypto bill aimed at regulating stablecoin issuers has triggered a sharp divide among Senate Democrats, just ahead of a crucial cloture vote set for Monday night. The Guiding and Establishing National …
· Regulation
- Bitcoin Rebounds as Markets Shake Off Moody’s US Credit Downgrade
Cryptocurrencies recovered Monday after a shaky start, mirroring broader risk asset gains as investors digested Moody’s downgrade of U.S. government bonds. Bitcoin (BTC) dipped as low as $102,000 in early U.S. trading…
· Insights & Views