Justin Sun, the founder of Tron, has made a significant investment in Bitcoin, accumulating nearly 520 BTC before the recent price rally. Justin Sun’s Bitcoin Purchase According to data from Lookonchain, an on-chain analytics firm, Sun acquired about 519 Bitcoin, worth approximately $24.85 million at the time of the report. With the current price of…
Allegations of Coin Fraud Korean blockchain sports platform Winnerz is accused of running a coin scam and preventing investors from accessing their money. Anonymous investors claim the company has been issuing fake cryptocurrency, gathering investments, and forbidding investors from taking out their money. The total amount of money collected that is being refused to be…
Cardano (ADA) could see a significant price increase if it can break through a key supply level, according to crypto analyst Ali Martinez. Resistance Level Martinez points to the $0.54 to $0.56 price range as a major obstacle for ADA. This range represents a large number of addresses that purchased ADA, and these holders may…
A well-known cryptocurrency analyst, Altcoin Sherpa, has expressed his long-term bullishness on Beam (BEAM), an open-source gaming blockchain. He believes BEAM has the potential to outperform other altcoins in the gaming subsector during the current bull market cycle. BEAM: A Promising Gaming Altcoin Altcoin Sherpa predicts that BEAM will experience significant price increases during this…
Ethereum Breaks Out of Trading Range A crypto strategist believes Ethereum (ETH) is now in an uptrend after a lengthy accumulation period. Pseudonymous analyst Inmortal observed a convincing breakout from a trading range, following several retests of the lower $2,000 level. Correlation Between ETH Rivals The trader sees a price correlation between ETH-rivals Solana (SOL)…
Analyst Predicts Bullish Future for BTC Michaël van de Poppe, a prominent crypto strategist, believes Bitcoin (BTC) is set for a 12x rally as it enters a new era of institutional adoption. Van de Poppe, who has a large following on social media, points to the recent approval of Bitcoin exchange-traded funds (ETFs) as a…
Delay in Criminal Sentencing The sentencing of Binance founder Changpeng Zhao, also known as “CZ,” for a money laundering rule violation has been delayed until April 30, according to a notice in Seattle federal court. This two-month postponement comes after Zhao pleaded guilty on November 21 to failing to maintain an effective anti-money laundering program…
Bitcoin (BTC) has achieved three remarkable new all-time highs, according to a recent analysis by Daniel Batten, managing partner at CH4 Capital and a renowned Bitcoin ESG researcher. These milestones, however, are not related to its price, which has yet to surpass the previous peak of $69,000. Methane Mitigation The Bitcoin network has made significant…
ETFs Accumulating Bitcoin at a Rapid Pace Several spot Bitcoin ETFs have aggressively accumulated BTC holdings in their first month of operation. BlackRock’s spot ETF has amassed over 78,000 BTC worth nearly $3 billion. Fidelity’s ETF holds 66,000 BTC and counting. Over 192,000 BTC has already been swallowed up across the slate of approved funds….
Franklin Templeton’s Strategic Entry Franklin Templeton, a financial powerhouse managing $1.5 trillion, has joined the competitive landscape of spot Ethereum Exchange-Traded Funds (ETFs) in the United States. This strategic move follows their successful Bitcoin ETF launch, reflecting their growing confidence in the digital asset space. Ethereum Staking Strategy: A Unique Approach While mirroring competitors’ Bitcoin…
