US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal
On Wednesday, US prosecutors charged four crypto companies and 14 individuals in what is hailed as the first criminal prosecution targeting financial services firms for market manipulation and sham trading activities within the crypto sector. Allegations Of Price And Trading Volume Manipulations According to a court filing by the US District Court of the District…
Crypto Whale Turns $2 Into Over $100 Million: Here’s How He Did It
Murad Mahmudov has (once again) garnered major attention in recent weeks, establishing himself as one of the leading crypto analysts—analogous to Keith Gill, also known as “Roaring Kitty,” in the stock market. Mahmudov has reportedly transformed an initial investment of just $2 into a fortune exceeding $100 million over the past five years. This astounding…
$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy
The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is…
SUI Dips 4.3% After Nearly Reclaiming ATH, Is Now The Time To Sell?
SUI has been one of the few assets that appears to be having a lone bull run despite the struggle of certain cryptocurrencies in the market to reclaim their major highs. Over the past month alone, SUI has increased by more than 100%, with its 7-day performance still seeing green up by 11.8% after nearly…
ETH’s Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?
Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two…
Bitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?
As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric’s importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend…
Shiba Inu Earns Recognition For Charitable Contributions – Impact On Price
Shiba Inu (SHIB) was announced by a prominent crypto personality as the most donated meme coin as these type of coins continue to grow in importance for charitable causes. This kind of recognition shows how these digital assets can benefit communities and gain business traction. Shiba Inu: On Praise & Performance Meme coin projects have…
Crypto Analyst Predicts Massive 8,400% Rise For XRP Price To $44, Calls It ‘Conservative’
higher price target, calling the $44 price level “conservative.” XRP Price To Reach $44 Egrag Crypto predicted in an X post that the XRP price would reach $44. He highlighted this price level as one of the conservative targets based on the current cycle and the Fib Channel. The $44 price level is the target…
Cardano Surges In Strength—Now 10x More Powerful, Analyst Says
With new developments and predictions, Cardano (ADA) continues to attract attention in the crypto world, presenting investors with a divided picture. Analyst Dan Gambardello recently expressed a bullish prognosis, asserting that Cardano is now 10 times more robust than it was in previous cycles. The long-term prospects appear promising, however, the short-term market sentiment indicates…
Cardano Price Prediction: Analyst Forecasts ADA Price Rocket To $5
Despite its recent lacklustre price performance, market experts remain extremely bullish about the Cardano price prospects. Notably, a crypto analyst has forecasted that Cardano, which is currently trading below the $1 mark, is on the brink of a major breakout, with the potential to skyrocket to $5. Expert Sees Cardano Hitting $5 Soon Popular crypto…