Bitcoin Price Prediction: Can BTC Hold $104K While La Culex ($CULEX Stage 4 Presale) Gains Traction as the Best Crypto to Buy Right Now

The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…

Singapore’s central bank has joined a growing list of authorities calling out how expensive tech and AI stocks have become.

PANews reported on November 5th that Singapore-based crypto investment firm QCP Capital analyzed that Bitcoin's overnight drop below the key support level of $100,000 triggered a decline in global risk assets. This round of decline was mainly driven by a stronger US dollar and uncertainty surrounding Federal Reserve policy, which generally dampened market risk appetite. Macroeconomic pressures quickly transmitted to the crypto market, with the US spot Bitcoin ETF experiencing net outflows of approximately $1.3 billion for four consecutive days, turning it from a significant driver at the beginning of the year into a short-term resistance level. The market saw a coexistence of weak spot demand and forced deleveraging, with over $1 billion in long positions being liquidated during the price bottoming process, followed by bargain hunting. The options market structure also exacerbated volatility, with traders maintaining net short gamma positions near the $100,000 strike price, their hedging behavior amplifying price fluctuations. The $100,000 mark has become a key psychological barrier. If ETF inflows stabilize, market sentiment is expected to recover quickly. On the macro level, the October non-farm payroll data was delayed due to the US government shutdown, and the market is relying on private sector indicators to judge the economic trend. Pre-shutdown data showed economic resilience: Q2 GDP was revised upward to 3.8%, job growth slowed but productivity improved, and the Q3 GDPNow forecast remained at a high of 4.0%. High-frequency indicators show that the economy is still expanding moderately. The policy outlook is unclear. The Fed cut rates by 25 basis points in October but released cautious signals, weakening expectations for another rate cut in December. Currently, the market expects 60-65% for further rate cuts. If the quiet period extends, the possibility of pausing rate cuts will increase, further supporting the dollar and tightening credit. For Bitcoin to resume its upward trend, it needs to wait for a reversal in ETF outflows and a recovery in risk sentiment.