Authorities in Europe have shut down a large crypto mixing service and seized a major amount of Bitcoin, according to law enforcement statements and media reports. The operation took down a key domain, seized servers, and captured $29 million in Bitcoin that investigators say was tied to illicit flows. Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst Says Europol And Swiss Authorities Act Based on reports, a joint action by Europol, Swiss, and German authorities took place between November 24 and November 28, 2025. During the operation, three servers located in Switzerland were seized, the domain Cryptomixer.io was disabled, and investigators recovered about 12 terabytes of data. According to officials, the service had been used since 2016 and is linked to roughly €1.3 billion in laundered Bitcoin over that time. The cash figure seized in the takedown was reported at close to $30 million in Bitcoin. How The Service Worked Reports have disclosed that the site operated as a hybrid mixer. That means it accepted funds on the regular web and used techniques to pool, jumble, and redistribute coins so the origin of funds became hard to trace. Criminals allegedly used the service to hide proceeds from activities such as drug sales, ransomware attacks, and fraud, according to investigators. By randomizing amounts and delaying payouts, mixers like this make the usual tracking tools much less effective. What The Seized Data Could Reveal Law enforcement officers say the 12 terabytes of material may hold leads that point to other illegal transfers and the people behind them. The data is now being examined, and it could make it easier to trace how money moved through the service. It is not yet clear whether arrests have been made. Experts warn that even with seized material, tracing every tainted coin will be difficult because of how mixing services scramble transaction records. Related Reading: ‘Saylor Is Finished’ – Peter Schiff Slams Bitcoin Tycoon Over $1.44B Reserve Build-Up Wider Impact On Crypto Crime Investigators argue the takedown is a major blow against online money laundering in Europe. Based on reports, crypto mixers of this size helped mask hundreds of millions, and in some cases billions, of dollars over years. The removal of one large service may slow some criminal flows, but analysts caution that operators and users can migrate to other services or new tools. Criminals often adapt quickly, which means the broader problem may continue unless follow-up actions and legal steps are taken. Featured image from Unsplash, chart from TradingView
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Cantor Slashes Strategy Price Target By 59%, Remains `Long-Term Bullish` on Bitcoin Giant
Cantor Fitzgerald analysts significantly lowered their price target for Strategy (MSTR) shares, while reiterating an “Overweight” rating. NewsBTC
XRP Technical Update: Price Is Stuck. Here’s Key Resistance
Arthur (@XrpArthur) has shared an intriguing chart about XRP’s current market position. The asset continues to trade in a tight range as it approaches a major level on its daily chart. The market shows steady interest but also visible hesitation each time the price approaches the upper boundary. This creates an important moment for holders who want to see a shift in momentum before the next phase of movement . The chart highlights this tension and shows how the market reacts each time XRP returns to the same area. $XRP Technical Update We’re stuck under the $2.30 resistance, the yellow box is the battleground To flip momentum back in favor of the bulls, we need a daily close above $2.30 For now, bears are defending this zone hard, rejecting every attempt to break through pic.twitter.com/KzVCOsXdfQ — Arthur (@XrpArthur) December 3, 2025 The $2.3 Barrier Shapes Market Behavior Arthur analyzed the situation, revealing that XRP is stuck under the $2.3 resistance level. His chart shows a wide cluster of candles rejecting the same zone. The yellow box marks the region that acts as the current battleground for control. This zone continues to test buyers repeatedly. The reactions display the effort sellers invest to keep XRP below the line . The daily chart presents a sequence of failed attempts beyond the resistance. Each attempt met rejection near $2.30. The volume profile on the right side of the chart shows large activity between $2.1 and $2.3. This confirms that many trades occur in this range. It also signals that buyers stock positions, but they have not forced a breakout. Arthur explained what must happen for momentum to change. He said bulls need “a daily close above $2.3.” This sets a clear condition for holders. A close above this level would shift focus toward higher targets. Another analyst recently highlighted $2.7 as the next resistance , but the asset must first overcome $2.3. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What the Current Structure Means for Holders The chart shows a series of higher lows forming underneath the resistance. This pattern signals that buyers continue to step in on each dip. The rejection wicks indicate strong activity from both sides. Holders now watch whether the price can sustain pressure long enough to break through the ceiling. Below the current price, $2.02 acts as key support. If XRP drops toward this area, buyers may hold it with confidence. A clean bounce from $2.02 would keep the structure intact. With whale activity rising rapidly in the current market, the asset might experience a notable resurgence from this rebound. The next stage depends on the daily close relative to $2.3. A confirmed close above this number would indicate the buyers finally winning inside the yellow box. That would give holders a clearer path toward higher resistance areas. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Technical Update: Price Is Stuck. Here’s Key Resistance appeared first on Times Tabloid . NewsBTC

