petition rejected by the Supreme Court

The cryptocurrency exchange platform Binance and its founder, Changpeng “CZ” Zhao, are at the center of a class action that could have significant repercussions for the entire cryptocurrency sector.  On January 13, 2025, the Supreme Court of the United States rejected a petition filed by Binance to review a lower court’s ruling, thus paving the … Read more

Will Bitcoin Plunge Below $90,000 Soon?

A well-known crypto strategist has raised eyebrows by suggesting that Bitcoin (BTC) may dip below the $90,000 mark before entering its anticipated final bull run. This forecast, shared with a substantial following on social media, comes as traders are closely observing market developments. Is a Price Correction Imminent?What Level Could Bitcoin Reach? Is a Price … Read more

XRP, KRW steadies as South Korea begins impeachment trial of suspended president

South Korea’s constitutional court has convened for its first hearing to determine the fate of suspended President Yoon Suk Yeol. The recent political instability has taken a toll on both the economy and crypto sector. The won and Korea’s favorite coin, XRP, do not appear to have been significantly affected so far. Initially, the South … Read more

$32M Redeemed in Latest Activity

FTX/Alameda redeems and transfers millions of SOL tokens regularly. Over 4.4 million SOL redeemed since November 2024, worth $516.88 million. FTX/Alameda’s staking address holds over 6.7 million SOL, valued at $1.43B. FTX/Alameda continues to redeem and transfer large amounts of Solana (SOL) from its staking address. Just three hours ago, roughly 182,421 SOL (worth about … Read more

Stellar (XLM) Below Key Indicator, Solana (SOL) Bull Run Officially Ended? Ethereum (ETH) on Verge of Ending It

As it falls below important moving averages, Stellar finds itself in a difficult position: the asset’s 50 EMA, a crucial support level during its most recent uptrend, has been broken below. By highlighting mounting bearish pressure, this move calls into question whether the recent price movements are sustainable. The fact that XLM has also dropped … Read more