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Author: cointechies
Solana Labs co-founder Stephen Akridge is facing a lawsuit accusing him of withholding “millions of dollars” in betting bonuses from his ex-wife following their divorce settlement. Solana Labs co-founder Stephen Akridge is being sued in a San Francisco court by his ex-wife Elisa Rossi, who claims he withheld “millions of dollars” worth of cryptocurrencies obtained by staking rewards from Solana (SOL). tokens have been accumulated. According to Rossi, Akridge gave her control of three crypto wallets as part of their divorce agreement, according to court documents first reported by Law.com. However, Akridge allegedly kept the staking rewards for himself by…
With Bitcoin trading near $95,000 after two weeks of falling prices, analysts fear a possible massive crash that could see the flagship asset fall to $60,000. Bitcoin has fallen over 2.5% in the last 24 hours, hitting an intraday low of $95,134 yesterday. The price drop extended two-week losses to 3.7%, reducing the asset’s market cap to $1.9 billion. As bulls attempt to defend the critical support level of $95,000, on-chain data and market analysts suggest a significantly higher probability of Bitcoin price reaching $60,000 by the inauguration of Donald Trump on January 19th. Dollar will fall. Following Bitcoin’s recent…
In 2024, the cryptocurrency market witnessed an undeniable shift in investor behavior, with meme coins coming to the fore as the dominant narrative. According to CoinGecko, nearly 31% of crypto-related searches and discussions revolved around these speculative digital assets. This dramatic rise in interest makes meme coins not only the most popular crypto trend of the year, but also a significant influencer in shaping broader market dynamics. Meme coins attract a third of investor interest The report, which covers the period from January 1 to December 21, 2024, shows that meme coins have captured the lion’s share of investor attention,…
Following the launch of its new advisors, the Eliza Wakes Up ecosystem token $ai16z has seen significant accumulation among major investors. As Lookonchain reported, Whale Wallet was developed last month E9UD…Y9cf has accumulated more than 19.83 million ai16z (AI6Z) tokens worth approximately $17.82 million, representing an unrealized profit of $8.4 million. The whale also managed to purchase tokens such as Peanut the Squirrel (PnUT), First Convicted RACCON (FRED), and Obi PNut Kenobi (OPK), which are directly related to Eliza’s overarching ecosystem, forking out 15,140.85 Solana (SOL ) out of. The portfolio is currently worth $30 million and this move has…
Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Ethereum rebounds with $1.5 billion in inflows into BlackRock’s ETF, sparking optimism for altcoins and a possible market rally in 2025. The market is down, but institutional inflow has not declined one bit. This month, Ethereum is making a serious wave as BlackRock’s Ethereum ETF has seen a whopping $1.5 billion in inflows since November. The 16-day streak has revived market sentiment and analysts are looking forward to a big New Year rally for top altcoins. As technical indicators…
The crypto market is moving sideways as the Christmas holidays bring a cooling period. This price action has been tough for Bitcoin as it struggles to rise above $100,000 after falling from all-time highs last week. According to TradingView data, Bitcoin is currently trading at around $96,800 and is once again approaching $100,000 after being rejected twice in the past week. This psychological price level has now become resistance as BTC recovers from the plunge that occurred after it hit an all-time high of $108,364 on December 17th. BTCUSD – TradingView Earlier this month, the $100,000 mark played a key…
Market expert EGRAG Crypto identifies the necessary conditions that must be met before XRP can reach its ambitious double-digit target. He announced in a recent analysis that XRP is “FAVOLOSO”. FAVOLOSO means fabolus in Italian. Despite the current consolidation, EGRAG reiterates its belief that an XRP rally to $27 is still in play. For comparison, XRP has maintained the same price range since December 20 as uncertainty permeates the broader market. The attached chart shows XRP price action above the Break of Structure (BOS). This BOS represents an important resistance level that has remained stable at $1.96 since April 2021.…
Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Crypto market surges to $3.33 trillion as meme coins like Pepeto and Pepe drive altcoin season with explosive growth potential. The cryptocurrency market has surged back to a total value of $3.33 trillion, reigniting investor enthusiasm as altcoins outpace Bitcoin’s growth. This shift signals the start of a possible altcoin season, with meme coins becoming the key players in the rally. The valuation of meme coins has surpassed the $100 billion mark, with established tokens such as Pepe (PEPE)…
Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Rexas Finance, BONK and Pudgy Penguins emerge as top penny tokens under $0.20 and poised for explosive growth through Q1 2025 Smart investors are looking for undervalued tokens with excellent development potential as the crypto industry prepares for the next bull market. Among the numerous options, three penny tokens worth less than $0.20 have piqued the interest of traders and analysts alike: Pudgy Penguins (PENGU), BONK, and Rexas Finance (RXS). These tokens have unique properties that will help them…
Bitget, one of the fastest growing cryptocurrency exchanges, has announced an exciting new plan for its native token Bitget Token (BGB). The BGB token rose 20% in 24 hours after announcing its new white paper that would liquidate $5 billion token to reduce BGB supply. Reducing the BGB supply will increase its value and utility across the crypto ecosystem. In its new whitepaper, Bitget announced that it will burn 800 million BGB tokens, representing 40% of the total supply. This will permanently reduce the circulating supply to 1.2 billion tokens. The token burn will begin immediately, with quarterly burns scheduled…