Bena Ilyas

Author at CoinSpeaker

Crypto Writer at CoinSpeaker

Crypto Writer

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Articles

Pig Butchering Crypto Scam Hits Nearly 40% YoY as AI Fraud Grows 1,900%: Chainalysis | Coinspeaker

1 month ago | coinspeaker.com | Bena Ilyas

In 2024, crypto scams hit $9.9B with pig butchering surging 40% and AI fraud exploding 1,900%, Chainalysis report reveals.
Coinbase Users Lose $300M Annually, with $65M Vanishing in Last Two Months: Report | Coinspeaker

2 months ago | coinspeaker.com | Bena Ilyas

Coinbase users lost $300M annually to scams, with $65M lost in last two months, amid the criticism for security failures and account restrictions.
XRP Eyes 261% Surge as 3rd Wave Targets $5.85

2 months ago | coinspeaker.com | Bena Ilyas |Julia Sakovich

Analysts highlight XRP’s four-hour triangle pattern, suggesting a swift bullish breakout near $5.85 in upcoming hours. Elliott Wave projections point toward resistance at $4.55 and potentially soaring up to an $18.23 target. Recent $103.65 million outflow signals caution, yet rumors of Elon Musk’s deleted post spark intense optimism.
Gem Wallet Review 2025: 10,000 Asset Support and 32 Blockchains Networks

Jan 24, 2025 | coinspeaker.com | Bena Ilyas |Julia Sakovich

Gem Wallet has emerged as a standout option in the crowded crypto wallet market. Launched in 2022, this self-custodial wallet aims to counter the growing centralization in the industry. Offering an intuitive interface and extensive functionality, Gem Wallet sets a high standard for digital asset management. What Makes Gem Wallet Stand Out from Other Wallets? One of Gem Wallet’s strongest selling points is its user-friendly design.
BoJ Hikes Rate Spike to 17-Year High, What It Means for Crypto Market?

Jan 24, 2025 | coinspeaker.com | Bena Ilyas |Julia Sakovich

BoJ raised interest rates to 0.5% after 17 years, driven by 3.6% CPI, exceeding 3.4% expectations. Bitcoin and major altcoins gained 3-6%, with Bitcoin at $105,108 and Ethereum at $3,394. Altseason Index above 53, investors expect 500% surge in altcoins, with potential $6.48 trillion market cap. For the first time in 17 years, the Bank of Japan (BoJ) raised interest rates to 0.5%, a significant leap from its previous levels.
Trump Signs Executive Order on US Digital Assets: CZ Says Bitcoin Reserves 'Basically Confirmed'

Jan 23, 2025 | coinspeaker.com | Bena Ilyas |Marco Lanz

Trump signed an order to create a federal group led by David Sacks to regulate digital assets. The US strategic Bitcoin reserves have been basically confirmed by Binance CEO Changpeng Zhao. Senator Cynthia Lummis proposed buying 1 million BTC for a US national bitcoin reserve worth $108 billion.
South Korea Ramps Up Virtual Asset and Stablecoins Legislation: FSC Chairman

Jan 22, 2025 | coinspeaker.com | Bena Ilyas |Julia Sakovich

South Korea is accelerating crypto regulations, focusing on stablecoins and investor protection to match global trends, says FSC Chairman Kim Byoung-hwan. The government plans to allow corporate real-name accounts for crypto investments, addressing current restrictions and boosting institutional adoption. Upbit faces possible sanctions for KYC violations, with authorities stressing the need for a swift resolution to ease investor concerns.
Trump Coin Gets Institutional Boost with New ETF from Investment Firms

Jan 22, 2025 | crypto-news-flash.com | Bena Ilyas |John Kiguru

Rex Shares and Osprey Funds have filed for multiple crypto ETFs, including one linked to Donald Trump’s memecoin, amid shifting U.S. regulations. Trump’s memecoin, TRUMP, surged 540% in a week, reaching an $8.31 billion market cap, while Melania’s token faced significant declines. Investment management firms Rex Shares and Osprey Funds submitted filings for a series of cryptocurrency-focused exchange-traded funds (ETFs), including one tied to a memecoin launched by Donald Trump.
Deribit's Trading Volume Soars to Over $1T in 2024

Jan 22, 2025 | coinspeaker.com | Bena Ilyas |Julia Sakovich

Deribit's trading volume skyrocketed to $1.185 trillion in 2024, nearly doubling 2023's $608 billion, showing strong institutional interest. Options trading hit $743 billion with 99% growth, solidifying Deribit's dominance since launching Bitcoin options in 2016. Spot trading surged 810% to $7.6 billion, driven by rising Bitcoin prices, ETF launches, and regulatory advancements.
Elon Musk's 'DOGE to Mars' Comment Sparks Hope for Dogecoin Rally

Jan 22, 2025 | crypto-news-flash.com | Bena Ilyas |John Kiguru

Elon Musk’s playful remark about taking “DOGE to Mars” during Trump’s inaugural celebrations has ignited fresh speculation and enthusiasm among Dogecoin fans. Dogecoin’s recent 7% gain, bolstered by $1 million transactions, hints at strong market backing and potential for a breakout. Elon Musk has stirred fresh waves of excitement across markets with a single statement that has become the talk of the town.