TL;DR The SEC’s pending decision on Grayscale’s Solana ETF, due today, could have a major impact on the underlying token. The Chicago Mercantile Exchange’s plan to launch SOL and XRP futures on February 10 has already influenced the performance of the assets. The products (if they go live) may attract more institutional investors and positively […]
Some brief context: Bitcoin burst up from glances of support at the $92,500 and $93,000 levels earlier this month. On Wednesday, Jan. 15th, the world’s first cryptocurrency flew over $100,000 in daily spot prices for the fourth time since December. This time, BTC may stay above medium-term support for the $100,000 mark. Strong whale moves […]
Those gains leveled out some by mid-afternoon US Central Time. Worldcoin’s WLD tokens were the tallest green candle for the day on Wednesday, with a 12% daily surge. Hyperliquid’s HYPE (8.6% gains) and Raydium’s RAY (8% gains) were the second and third most bullish tokens for the day. A few places down on the leaderboard […]
Dubai-based crypto market maker CLS Global will plead guilty to charges related to wash trading on the decentralized exchange Uniswap. Federal prosecutors in Boston announced Wednesday that the company will face market manipulation and wire fraud charges after falling victim to an FBI sting operation. $428K Fine and U.S. Market Ban As part of the […]
TL:DR; Cryptocurrency prices tend to react positively to favorable news and developments coming from big names, especially if they are outside the industry. XRP’s case from the past hour or so was another confirmation of this narrative, as the asset jumped by 5% in the timeframe. XRPUSD. Source: TradingView The news in question came from […]
Bank of America CEO Brian Moynihan has shared his thoughts on the future of crypto in the banking sector. Speaking in an interview with CNBC at the World Economic Forum in Davos, Switzerland, on Tuesday, Moynihan stressed that the industry is ready to embrace crypto for transactions, but only if the regulatory landscape is well-defined. […]
Coinbase CEO Brian Armstrong has revealed that the exchange could be forced to delist USDT to comply with potential new regulations. Armstrong was discussing the possible impact of new rules that could require stablecoin issuers to back their tokens entirely with U.S. Treasury bonds and undergo periodic audits to ensure transparency and financial integrity. Shifting […]
TL;DR Analysts predict a bullish outlook for Dogecoin (DOGE), with potential price targets above $2, driven by bullish chart patterns and significant whale accumulation. The creation of Elon Musk’s Department of Government Efficiency (D.O.G.E.) has fueled speculation, with future endorsements potentially reflecting on the meme coin’s price performance. DOGE’s Next Potential Targets Dogecoin (DOGE) has […]
Now that the dust from Trump’s inauguration has settled and the market is anticipating the first big crypto move by the new US president, on-chain data reveals that BTC could be poised for another breakout rally soon. The two major factors that could propel such a price surge are the growing whale activity, as well […]
TL;DR Donald Trump’s meme coin TRUMP ranked as the top trending token on January 21, despite its market cap falling from $14.5 billion to $8.5 billion. MELANIA and DOGE followed next, with the latter gaining attention due to its connection with Elon Musk’s new government initiative. These Memes Steal the Show Donald Trump officially became […]