Crypto & Blockchain Daily Brief Sunday, May 18, 2025

The article discusses the best cryptocurrencies to buy for under $1 with significant growth potential. The first recommended cryptocurrency is SafeMoon, a relatively new token that aims to reward long-term holders by charging a fee on sellers while distributing a portion of that fee to holders. SafeMoon has gained popularity due to its unique features and community support. The second cryptocurrency highlighted is Shiba Inu, which has seen a surge in interest following the success of Dogecoin. Shiba Inu is an Ethereum-based token that has gained attention for its meme-inspired branding and large supply. Despite its speculative nature, Shiba Inu has attracted a dedicated following. Next, the article mentions Dogecoin, which has become a popular cryptocurrency thanks to endorsements from celebrities like Elon Musk. While Dogecoin started as a joke, it has since gained mainstream acceptance and is considered a viable investment option. Another recommended cryptocurrency is Hoge Finance, a decentralized finance (DeFi) token that aims to combat price volatility through its unique tokenomics. Hoge Finance offers holders rewards based on transactions, providing an incentive for long-term investment. Lastly, the article suggests looking into SafeGalaxy, a token that rewards holders with additional tokens for each transaction. SafeGalaxy's deflationary model and growing community make it an attractive option for investors seeking high-growth potential. Overall, the article emphasizes the importance of conducting thorough research and due diligence before investing in any cryptocurrency, especially those priced under $1. While these tokens offer significant growth potential, they also come with inherent risks due to their speculative nature.

A recent article discusses the price breakout of Cardano's ADA cryptocurrency and the predictions of a Cardano enthusiast regarding its surge. The article highlights ADA's impressive performance in the cryptocurrency market, with its price reaching an all-time high of over $2.50. The surge in ADA's price is attributed to several factors, including the overall bullish trend in the crypto market, the upcoming Alonzo hard fork, and increased interest from institutional investors. The Cardano enthusiast, who accurately predicted ADA's recent price surge, believes that the cryptocurrency has the potential to reach even higher price levels in the future. They predict that ADA could potentially reach $3.00 or higher in the short term. The enthusiast also emphasizes the importance of the Alonzo hard fork, which will introduce smart contract functionality to the Cardano blockchain. This upgrade is expected to attract more developers and users to the Cardano ecosystem, further driving up ADA's price. Despite the positive outlook on ADA's price, the article also mentions the need for caution when investing in cryptocurrencies due to their volatile nature. Investors are advised to conduct thorough research and consider the risks involved before making any investment decisions. Overall, the article portrays a bullish sentiment towards Cardano's ADA cryptocurrency, highlighting its recent price breakout and the potential for further growth in the future.

A man named Joseph Kim has been sentenced by the U.S. Securities and Exchange Commission (SEC) to 15 months in prison for stealing cryptocurrencies from his former employer, Consolidated Trading. Kim transferred Bitcoin and Litecoin from the company's wallet to his own personal accounts, resulting in a loss of $1.1 million. He then attempted to cover up the theft by lying to his employer and falsifying documents. Kim's actions not only led to financial loss for the company but also caused emotional distress to his colleagues who trusted him. Kim's lawyer argued that he had a gambling addiction and was struggling with personal issues at the time of the theft, which may have contributed to his actions. Despite this, the judge emphasized the seriousness of Kim's crimes, highlighting the breach of trust and the impact on his former employer. In addition to the prison sentence, Kim has been ordered to pay restitution of over $1.1 million to Consolidated Trading. The SEC has also imposed a lifetime ban on Kim from working in the securities industry. The case serves as a reminder of the risks associated with cryptocurrency theft and the importance of upholding ethical standards in the industry. Kim's actions not only had legal consequences but also damaged his reputation and career prospects in the financial sector.