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Kaspa (KAS) and Celestia (TIA) have recently caught the eye of investors with their sudden price hikes. This surge has stirred curiosity in the crypto world, prompting many to seek the factors behind it. Discover the reasons driving this upward trend and explore which other coins might be on the verge of growth. Kaspa: Recent Movements Set Up Potential Trading Opportunities Kaspa registered a strong weekly gain of 16.27% before experiencing a 17.44% dip over the past month. The coin’s six-month performance recorded a 52.33% decline, highlighting a period marked by volatility and shifting sentiment. Price movements during these times reflect a turbulent environment, characterized by bursts of optimism followed by significant downturns. Current price action shows support around $0.04 and resistance near $0.15, with an additional hurdle at $0.21. The nearly neutral RSI at 49.29, paired with modest momentum, indicates indecision among traders. Trading ideas include buying near support while closely monitoring the resistance zone for potential breakouts, as the market remains balanced between bullish and bearish influences. Upbeat Celestia Rally Amid Mixed Long-Term Trends Price action showed a monthly boost of about 10% with a one-week surge near 12%, while the six-month performance slipped by 26%. Recent numbers indicate short-term strength contrasting with longer-term weakness. Volatility emerged from swift moves, with buyers stepping in over shorter horizons yet not fully overcoming the extended downtrend. Conditions have generated interest for active trading despite the uneven past performance. Current levels trade in the $2.83 to $4.89 range, with a nearby resistance at $5.71 and support at $1.57. Bulls and bears appear balanced with an RSI around 51, leading to an uncertain trend. Traders might consider entering near support and taking profits near resistance while watching for clear breakout signals. Conclusion KAS and TIA have seen significant price increases this week. Key factors include new partnerships and network upgrades. Positive market sentiment also plays a role. Both coins are attracting more attention and investment. These developments suggest a promising future for these cryptocurrencies. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
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California Man Sentenced to More Than Seven Years in Prison on Charges Related to Bitcoin-Facilitated Drug Market
A California man was sentenced to more than seven years behind bars on charges related to operating an underground drug-trafficking market powered by Bitcoin ( BTC ) transfers. Federal prosecutors say John Khuu illegally imported counterfeit pharmaceutical and MDMA pills from Germany and subsequently used dark web markets to distribute the illicit substances to customers across the US. Khuu, 29, was paid in Bitcoin and other crypto assets, which he and his co-conspirators exchanged for US currency that was then laundered and transmitted to dozens of different accounts. The California resident was indicted in May 2022 in the Eastern District of Texas and charged with conspiracy to commit money laundering. Three months later, Khuu was also indicted in the Northern District of California and charged with unlawful importation of a Schedule I controlled substance. He was arrested by agents in Garden Grove, California a few days after the second indictment. Khuu’s arrest was the result of “ Operation Crypto Runner ,” a multi-agency law enforcement effort that resulted in a batch of charges filed against 21 individuals for their alleged involvement in transnational money laundering networks. Last year, Khuu pled guilty to conspiracy to commit money laundering, conspiracy to operate an unlicensed money-transmitting business and importation of MDMA. This week, U.S. District Judge J. Campbell Barker sentenced him to 87 months in federal prison. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post California Man Sentenced to More Than Seven Years in Prison on Charges Related to Bitcoin-Facilitated Drug Market appeared first on The Daily Hodl . Bitzo
