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- šØ Major Crypto Crackdown: SEC Charges Touzi Capital for $100M Violation
šØ Major Crypto Crackdown: SEC Charges Touzi Capital for $100M Violation
News

Against the backdrop of Rippleās coinās sustained price rally, a crypto market whale has again bagged massive amounts of the token, sparking investor optimism globally. Recent on-chain data indicated that the whale accumulated a whopping 120 million coins from a leading crypto exchange.
In turn, market enthusiasts are expecting further gains in the assetās price, given recent legal maneuvers that sided with the American blockchain payments company.

The US Securities and Exchange Commission (SEC) has charged Touzi Capital and its founder, Eng Taing, with alleged securities violations. The SEC also accused the firm of fraud in how it commingled and misappropriated investorsā funds.

The memecoin market is buzzing with excitement, and Pepeto ($PEPETO) stands at the forefront, promising to reshape the landscape ahead of the 2025 bull run. With its mission to adopt and support all memecoins through its ecosystem, Pepetoās exchange, bridge, and swap platform aim to set new standards for interoperability, accessibility, and liquidity.
Markets

The broader market witnessed mixed price action, sparking investor speculation globally. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continued trading within tight ranges. XRP emerged as the fastest gainer among the top 10 cryptocurrencies, surging by 17% in the last 24 hours and climbing to become the fifth-largest cryptocurrency by market cap. ENS token outperformed as the top gainer, recording a remarkable 27% jump.
The global crypto market cap rose by 1% over the past 24 hours, reaching $3.38 trillion. Meanwhile, total trading volume increased by 11%, now at $170 billion. The Fear and Greed Index currently sits at 82/100, indicating extreme greed in market sentiment. Letās explore the price movements of top cryptocurrencies by market cap on November 30.

The spot Ethereum ETFs witnessed one of the largest daily inflows while overtaking the spot Bitcoin ETFs on Friday. This is the first time that Ether ETFs have achieved this milestone, since launch, showing a shift in investor sentiment. As a result, the ETH price surged another 4.27% moving past $3,720, setting the stage for the next rally to $5,000.

The four-hour chart shows Bitcoin price faces a tough hurdle, which could decide the fate of BTC over the weekend. A rejection here could lead to a steep correction, but a flip into support could trigger a rally to $100k. As BTC trades at this make-or-break level, which of these two scenarios will unfold over the weekend? Bitcoin (BTC) price today trades at $96,672.0 on 1 PM. BTC price hit a daily high of $98,685.0 today after a -0.34% move on November 30.