Chinese crypto fraudster sentenced

June 29, 2026, Guo Wengui was sentenced to 30 years in U.S. prison for a $1B crypto fraud scheme. He must forfeit $889M and repay victims.

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$HBAR


$HBAR looks like it is trying to build a bottom after a long correction.


Price swept lower levels near $0.076 and is now stabilizing with buyers stepping back in. The structure is still early, but if $HBAR reclaims $0.075–$0.087, momentum can shift quickly.


Long-term bulls are watching this zone closely. Bottom formations usually start when charts look the weakest.


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$ILV


$ILY is showing early-stage volatility, but the important thing is that price is still holding above the launch zone near 0.143.


The move to 0.166 showed buyers are active, and now this pullback is testing whether demand is real or not.


If $ILY builds a higher low here and reclaims 0.155–0.160, the long-term chart can start forming a strong accumulation base.


This is the type of chart to watch before the crowd notices.



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$ONDO


$ONDO is still one of the more important long-term charts to watch.


Despite the correction, price is holding above the major lower range and continues to respect the broader accumulation structure. The chart has already shown strong upside reactions from the $0.25–$0.30 area, which means demand is still present.


For the long term, $0.30 is the level bulls need to defend. A reclaim of $0.33–$0.35 would improve momentum, and above $0.40 the recovery becomes much stronger.


ONDO is not showing clean expansion yet, but it is still building a base.



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$LIT


$LIT has been volatile, but the long-term chart is still showing signs of a recovery cycle.


Price already bounced hard from the $0.78 region and pushed above $1.20 before correcting. Now the market is back near a lower support area, which can become another accumulation zone if buyers step in again.


For long-term bulls, the key is whether $LIT can hold above the $0.80–$0.90 range and reclaim $1.00. Once $1.08 breaks again, the chart can start shifting back toward a stronger recovery structure.


This is the kind of setup where patience matters more than chasing.



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$ATOM


$ATOM is back near a major long-term reaction zone, and this is where patient buyers usually start paying attention.


The chart has already shown a strong bounce from the $1.56 area once, proving demand exists at these lower levels. The recent pullback looks painful short term, but from a higher-timeframe view, this can still develop into a larger accumulation range.


As long as ATOM keeps building above the $1.48–$1.56 zone, the long-term setup remains interesting. A reclaim of $1.75 would be the first sign of strength, and above $2.05 the structure starts looking much cleaner for a bigger recovery move.



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$RAIN


$RAIN still looks one of the cleaner long-term structures here.


Price moved strongly from the $0.0114 area and is now consolidating near the highs instead of giving back the entire move. That is usually a bullish sign because strong assets do not fully retrace after expansion.


The chart is holding near $0.0155 while the previous breakout range remains protected. If this consolidation continues, $RAIN can prepare for another attempt above $0.0162.


Long term, this looks more like strength holding near resistance than weakness.


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🇨🇳 Shanghai court sentences five Chinese individuals to up to 6 years in prison for facilitating more than $29.4 million in illegal cross-border foreign exchange transactions using crypto. 👀

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‘47 Ronin’ Director Sentenced to 30 Months After Crypto Gamble With Netflix Funds Hollywood director Carl Rinsch has been sentenced to 30 months in federal prison after prosecutors said he defrauded Netflix out of $11 million intended to finance a science-fiction television ...