SOL shot up 5% on Solana ETF news and then gave it all back. Hype in crypto is a fickle mistress like a Florida man on bath salts: unpredictable, charming, somewhat lovable. Meanwhile, SOL is drifting near critical supply and demand zones; its next move hangs in the balance as traders weigh flash momentum against … Read more
Ripple and the U.S. Securities and Exchange Commission have agreed to call it quits on one of the most closely watched legal battles in crypto. Both sides are dropping their appeals, bringing an end to nearly five years of courtroom drama over the status of XRP. Ripple CEO Brad Garlinghouse confirmed the decision publicly, saying … Read more
Bitcoin is trading at $104,913 currently, down 1% in the last 24 hours. The coin has failed to break through $105K since May 30, and this is scaring off investors. BlackRock’s IBIT still led ETF inflows, pulling in nearly $284 million. Its total net inflows have now reached $48.78 billion. Meanwhile, Fidelity’s FBTC saw the … Read more
Binance, the world’s largest crypto exchange, has moved to dismiss a $1.76 billion clawback lawsuit filed by the estate of the now-defunct FTX exchange. In court documents filed on Friday (May 16), Binance argues that the claim lacks merit and states that the court has zero jurisdiction over the case. 🚨 BREAKING: Binance moves to … Read more
Over $5 billion will be distributed to FTX creditors from the bankrupt crypto exchange’s estate in the coming weeks, as the next wave of reimbursements is set to take place on May 30, according to the FTX Recovery Trust’s statement released yesterday (May 15). The upcoming May 30 distributions are the second phase of the … Read more
Moo Deng price gained momentum on Friday as it soared by over 136%, making it one of the best-performing tokens in crypto. Moo Deng (MOODENG), the pygmy hippo-themed meme coin, surged to an intraday high of $0.104 on May 9 afternoon Asian time—its highest level since Feb. 1. The token has now gained over 300% … Read more
Recent Performance and Investor Sentiment Pi’s recent price drop puts it among the few top altcoins showing negative returns. This 15% fall has made investors uneasy. Confidence in the token seems to be fading. Many are asking whether Pi can recover or if this is the start of a longer decline. One reason behind this … Read more
$ACT has launched an investigation after its token experienced a sharp price drop on Binance. In a statement on X, the ACT (ACT) team assured its community that they are actively addressing the issue in collaboration with relevant parties and developing a response plan alongside trusted partners. $ACT, also known as “The AI Prophecy,” is … Read more
A memecoin creator notorious for being involved with several controversial projects is continuing to dump his coins even after a 95% drop. New data from the blockchain tracking firm Bubblemaps is shedding light on on-chain activity of Hayden Davis, who admitted to having a role in both Libra (LIBRA), a memecoin originally backed by Argentinian … Read more
Introduction The recent sharp decline in the U.S. Dollar Index (DXY), marking its fourth largest weekly drop in over a decade, has drawn significant attention from investors worldwide. Historically, steep declines in the DXY have often coincided with key turning points in Bitcoin (BTC) price action, leading many to speculate whether Bitcoin is nearing a … Read more