Posts

Showing posts from January, 2025

Silk Road Founder Ross Ulbricht Loses $12 Million In Crypto Blunder

Recently pardoned Silk Road founder Ross Ulbricht lost $12 million in a crypto blunder, causing the ROSS token to plunge 90%, according to Arkham Intelligence. Ulbricht Lost $12M On Pump.fun Ulbricht, or someone with access to his wallets, “accidentally nuked the price of a pumpfun coin” called ROSS while attempting to add liquidity on the decentralized exchange (DEX) Raydium, said blockchain analytics firm Arkham Intelligence on X. The ROSS coin was launched after Ulbricht’s release from prison.  ROSS ULBRICHT LOST $12M ON PUMPFUN… Ross Ulbricht, or someone with access to his wallets, just accidentally nuked the price of a pumpfun coin sent to him while trying to provide liquidity on Raydium. Because he initialized the liquidity pool at the wrong price, $1.5M of the… pic.twitter.com/kN5BN2mN49 — Arkham (@arkham) January 30, 2025 “Because he initialized the liquidity pool at the wrong price, $1.5M of the token (5% supply) was ins...

Dogecoin Drops 6% in a Week: Analysts Predict 10-15% Rebound in Coming Days

Image
Fresh Dogecoin price prediction signals show an exciting potential 10-15% rebound right now across market Analysis . Just look at the widely-tracked cryptocurrency – hovering at $0.3274 and flashing seriously promising patterns, even after that tough 6% weekly dip. Beyond that, current market indicators and DOGE price outlook absolutely point to a recovery phase ahead, while the latest Dogecoin market Analysis reveals particularly powerful bullish signals from leading market experts. Source: TATrader_Alan on X Also Read: Bitcoin (BTC) Set to Break Records in February, Here’s Why Cryptocurrency Market Volatility and Dogecoin Expert Insights Source: Watcher Guru Technical Analysis Signals Breakout $Doge.D/ $BTC.D (Dogecoin Dominance on Bitcoin Dominance) has formed a Falling Wedge on the weekly chart The falling wedge is now supported by a Key Level.#Dogecoin might outperform $BTC and lead the #Altseason in the coming weeks pic.twitter.com/U42ZCnE0gu — Trader Tardigrade (@TATrader...

Amazon (AMZN) Stock Sets New Record High as Earnings Near

Image
In what is certainly a monumental development for the company, Amazon’s (AMZN) stock has set a new record high as the company’s earnings near. Indeed, shares in the e-commerce juggernaut reached a landmark price of $238 this week. Now, all eyes are on how that could be impacted by its upcoming Q4 earnings report set for early February. There is no shortage of reasons to be excited about the stock’s potential in 2025. Although the share price has retreated less than 1% Thursday, it still stands at $235. The relative strength of the company’s price amid the ongoing DeepSeek sell-off could reflect investor optimism as its upcoming earnings report gets closer. Source: mybanktracker.com Also Read: Amazon Stock Eyes Record 2025 as AWS Leads Market Set for $2T Amazon Stock Sets $238 Record High: What to Expect With Q4 Earnings On the Horizon Entering the new year, there was no shortage of excitement surrounding Amazon’s stock. The company has established itself as...

Ripple will unlock 1 billion XRP on February 1 2025 – Sell time?

Image
Ripple, the company behind XRPL and the XRP token development, will unlock 1 billion XRP on February 1, Saturday. At current prices, this unlock is worth $3.10 billion, of which Ripple could sell a fraction throughout the month. When XRP was launched in 2012, Ripple kept 80 billion of the supply out of circulation to itself, gradually selling some units, distributing it to the market. In 2017, the company implemented an escrow system to lock the still undistributed 55 billion XRP, with programmed monthly unlocks. This system remains to these days, as Ripple continues to unlock 1 billion XRP on the first day of every month, reserving a fraction (usually 20%) for its monthly sales and expenses, while re-locking the remaining tokens into new escrows for the following years. Picks for you $1,000 invested in XRP when Gary Gensler resigned is wo...

Solana Price Prediction: SOL Drops 3% As Cboe Refiles For Solana ETFs, While Investors Move To This SOL Layer-2 ICO That’s Closing On $16M

Image
The Solana price dropped 3% in the past 24 hours to trade at $234.57 as of 02:32 a.m. EST on trading volume that plunged 44% to $5 billion. This retracement in the SOL price comes as the Cboe BZX exchange refiled 19b-4 filings for spot Solana ETFs (exchange-traded funds) from Bitwise, VanEck, 21Shares, and Canary Capital after the US Securities and Exchange Commission (SEC) reportedly rejected the applications last year. UPDATE: @CBOE just re-filed all of their Solana ETF 19b-4s for @vaneck_us, @CanaryFunds, @BitwiseInvest & @21Shares pic.twitter.com/CUogAWBl6u — James Seyffart (@JSeyff) January 28, 2025 Solana Price Indicators Show A Price Correction The 4-hour chart Analysis shows that Solana experienced a strong rally in mid-January, reaching an all-time high of $293.31, according to Coingecko data.  However, since then, SOL has retraced, forming a falling wedge pattern, which is typically characterized by lower highs and lower lows. Currently, SOL is tradin...

Best Wallet Tops the Charts as 2025’s Leading Crypto Launchpad – Could It Outperform Industry Giants?

Image
Best Wallet is rapidly emerging as a top choice for those entering the cryptocurrency market, driven by growing investor interest. As a reliable wallet essential for new crypto users, Best Wallet is positioning itself as a leading option. The presale raised $8.5 million, reflecting strong demand and confidence in its future. As 2025’s top crypto launchpad, Best Wallet has the potential to surpass industry giants. Best Wallet Set to Lead the Charge as New Crypto Investors Flood the Market The cryptocurrency market is buzzing with renewed interest, and a key indicator of this is the surge in Google searches for “how to buy cryptocurrency.” This search volume has reached its highest level since the 2021 bull market, signaling a strong wave of new investors eager to enter the space. However, while they are researching how to buy, many have yet to make their move, anticipating the next major rally. Historically, such spikes in search trends have been a precursor to...

Ripple CEO Rejects Bitcoin Reserve Proposal

Image
Ripple CEO Brad Garlinghouse has publicly opposed the creation of a Bitcoin strategic reserve, emphasizing the need for a multi-token approach amid cryptocurrency market volatility and regulatory uncertainty Bitcoin faces. Several key industry figures have sparked heated discussions around security risks in crypto and the growing Ripple vs Bitcoin debate. Also Read: Cardano: AI Sets ADA Price For February 1, 2025 Ripple CEO’s Stand on Bitcoin Reserve: Market Volatility, Security, and Regulatory Concerns Source: Bloomberg Multi-Token Advocacy Source: MarketScreener In numerous discussions about the Bitcoin reserve proposal, Garlinghouse had this to say: “I own XRP, BTC, and ETH among a handful of others – we live in a multichain world, and I’ve advocated for a level-playing field, instead of one token versus another.” Several major crypto leaders have backed his stance on cryptocurrency market volatility. Various industry experts point to security risks in crypto ...

Coinme CEO Neil Bergquist on Regulatory 'Clarity' for Crypto Postelection

Image
The cryptocurrency industry is positioning itself for a major policy overhaul following Donald Trump's electoral victory, with industry leaders anticipating a significant shift in the regulatory landscape. Trump's decisive win and the Republican sweep of Congress have energized crypto markets, with bitcoin reaching an all-time high of over $100,000 amid growing optimism about regulatory changes. The industry's newfound confidence stems partly from Trump's campaign promises to be a "crypto president." Cryptocurrency companies invested heavily in this outcome, with Coinbase and other firms spending more than $119 million backing pro-crypto congressional candidates. Their efforts paid dividends, with victories like Republican Bernie Moreno's win over Democratic crypto skeptic Sherrod Brown in Ohio. "President Trump has said that he wants the United States to create a bitcoin stockpile. He wants this to be the greatest country in the world for build...

Official Trump: This Trader Made $22 Million With TRUMP

Image
US President Donald Trump launched an official cryptocurrency, Official Trump (TRUMP), earlier this month. The asset’s price skyrocketed upon launch, climbing into the top 30 projects by market cap. The coin hit an all-time high of $73.43 on Jan. 19, 2025, one day before Trump’s inauguration. The asset has since fallen by nearly 65% from its peak. Also Read: Gold Drops 2% as Dollar Surges: Fed Rate Decision Shakes Markets! Official Trump In The Red Source: Axios TRUMP is currently down 11.2% in the daily charts and 50.8% over the previous week. The dip is likely due to the bearish sentiment that looms over the crypto market. Source: CoinGecko The latest crypto market dip is likely due to larger macroeconomic conditions. The US dollar is picking up steam and investors are putting their funds in safer assets. President Trump announced some bullish news for the crypto industry as soon as he entered office. The announcements have failed to garner much steam in the market. Also R...

Binance Academy unveils “AWS Blockchain Node Runners for BNB Chain” course

Binance Academy, Binance’s open-access blockchain and crypto learning hub, and Amazon Web Services, Inc. (AWS) have officially launched an online course, “AWS Blockchain Node Runners for BNB Chain,” as learned by Finbold on Monday, January 27. The quick 15-minute course provides practical, step-by-step instructions for deploying BNB Chain nodes using AWS Blockchain Node Runners, an open-source initiative that simplifies the deployment and management of self-managed blockchain nodes on AWS with deployable blueprints. Tailored toward developers, blockchain enthusiasts, and infrastructure providers, the course offers theoretical insights and practical, hands-on demonstrations to help users host their own BNB Chain nodes efficiently. Picks for you Bitget Wallet reveals PayFi strategy for bringing crypto into mainstream ...

Top 5 Altcoins to Buy Now for Potential 10X Gains – Can You Turn $10K Into $100K?

Image
The current state of the crypto market is largely determined by the total market cap, which is currently sitting at $3.6 trillion. Rather than focusing on the price fluctuations of individual tokens like Dogecoin or Shiba Inu, the overall market cap provides a clearer picture of the sector’s health. Bitcoin’s performance, particularly its position on the logarithmic regression band, indicates that the market is in a somewhat overextended phase. Although there is some volatility, Bitcoin’s price is not expected to fall drastically unless it dips below $80,000. It is anticipated that the price could surge to around $150,000 before the next market downturn, leading to a period of consolidation that could extend into 2026, with opportunities to invest during this phase. When it comes to altcoins, several are predicted to perform well in the near future. Hedera (HBAR) Hedera is one of the most promising altcoins in the crypto space due to its robust ecosystem and practi...