Author: cointechies

Is Solana (SOL) ready for a bull run to its all-time high with an impending breakout event for 2025? As Bitcoin has recovered significantly in the last 24 hours, the altcoin segment is gaining momentum. Amid improving conditions for altcoins, Solana’s market price has increased by 2.17% in the last 24 hours. Despite negative returns in the last 7 and 13 days, Solana maintains a market cap of $94 billion. As Solana slides below BNB coin to take the sixth-largest cryptocurrency spot, it approaches the psychological $200 mark, signaling the potential for a new breakout rally. SOL price analysis On…

As President-elect Donald Trump prepares to take office on January 20, 2025. The cryptocurrency industry is eagerly awaiting its launch promised for a long time regulatory revision. According to Reuters, anticipation is growing for possible executive orders aimed at cementing the US’s role as a global leader in digital assets. Industry insiders are pushing for Trump to take immediate action on his first day in office and make good on his campaign promise to create a friendlier regulatory environment for the crypto sector. A strategic Bitcoin reserve? One of the most anticipated moves is Trump’s proposal to create a national…

Montenegro’s Constitutional Court has rejected an appeal by crypto mogul Do Kwon, paving the way for a decision on his extradition to the US or South Korea. Do Kwon, founder of Terraform Labs, has lost his appeal to Montenegro’s Constitutional Court to reconsider the decision on his extradition, Korea JoongAng Daily has learned. The ruling means Kwon’s case will now be decided by Montenegro’s justice minister, who will decide whether Kwon will be sent to the United States or South Korea for trial. Kwon is wanted in both countries. He is facing charges in the US in connection with the…

Justin Sun, the founder of Tron, sent 70,182 Ethereum worth $244.9 million to HTX on Christmas Eve. The transfer reported by Spot On Chain consists of 42,905 Ethereum (ETH) unstaked by Lido Finance, a decentralized liquid staking protocol. Sun also transferred 27,277 ETH from Etherfi. The new transaction brought Sun’s total inbound deposits to HTX (formerly Huobi) to 179,101 ETH at the end of last month, valued at $645 million, at an average price of $3,601 per ETH. Two days earlier, on December 23, Justin Sun redeemed 39,999 ETH for $143 million from Lido Finance and Etherfi and deposited the…

Strong whale investment and the Eliza plugin boost ai16z’s rise to a $1 billion market cap. AI-driven venture capital DAO token ai16z, running on the Solana blockchain, has reached a significant milestone with a market valuation of $1 billion. With a current value of $1.04 billion, the $AI6Z token has seen a 24-hour gain of 46.93% at the time of writing, reaching an all-time high. This increase underscores the growing impact of ai16z, a cutting-edge initiative that combines decentralized finance with artificial intelligence. Marc Andreessen leads a decentralized autonomous organization that oversees all aspects of ai16z. Unlike traditional funds like…

The XRP price could rise to triple digits if XRP takes a small portion of the derivatives millionsarket amid community speculation. The global derivatives market is one of the giants in the financial scene, and industry leaders insist its valuation is in the trillions. Current Estimates suggest its face value could exceed $1 quadrillion. XRP price if it takes 1% of the derivatives market However, some experts question these forecasts, arguing that they may overstate the actual size of the market. Still, capturing even a small portion of this massive market could be of great benefit to assets like XRP.…

Blockchain security experts have uncovered a new scam that uses malicious Google ads to trick crypto users into visiting a fake Pudgy Penguins website. A new scam targeting crypto users has been uncovered. Analysts at blockchain security firm Scam Sniffer warn that criminals appear to be exploiting Google’s advertising network to deliver malicious advertisements. In an X thread on Wednesday, the analysts explain that malicious ads contain suspicious JavaScript code that checks whether the viewer has a crypto wallet. When a wallet is detected, the code redirects users to a fake website that mimics the legitimate website for Pudgy Penguins,…

Will Tron (TRX) break the short-term resistance trend line for an explosive end to 2024? Given the bullish rally in the crypto market, Tron price action suggests a possible impending breakthrough. In the last 30 days, the price is up 22% and the short-term correction points to a massive reversal rally. Will the potential momentum surge from the breakout of the falling channel pattern push Tron to a new all-time high? Let’s find out. TRX price analysis The TRX price trend on the 4-hour chart shows a descending channel pattern. As two parallel trendlines dictate Tron prices, the ongoing recovery…

Hyperliquid, an emerging player in the decentralized perpetual futures market, is under intense scrutiny following allegations of wallet activity linked to North Korean hackers. The allegations have led to significant outflows, a sharp drop in the token price and questions about the platform’s security infrastructure. North Korean claims of exploitation emerge The controversy began when Taylor Monahan, a security expert at MetaMask, claimed that wallets linked to the Democratic People’s Republic of Korea (DPRK) were trading Ethereum (ETH) on Hyperliquid. Monahan claimed that the transactions were not standard transactions but rather potential vulnerability tests targeting the platform. “DPRK does not…

The BC token distribution rewards loyal players with exclusive bonuses and access to platform benefits during the event period. To reward its most dedicated and active players, BC.GAME has issued an airdrop of its native coin BC worth $200 million. The event, taking place between December 25, 2024 and January 1, 2025, underscores the platform’s commitment to honor dedicated users. Eligibility is determined by variables such as registration date, VIP level, previous betting volume and referral contributions. Airdrops are becoming more and more conscious for community building in the cryptocurrency world, and this news fits that trend. Recent examples include…