Solana Price Mirrors Ethereum 2024 Rally—Could SOL Hit $340?
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A recent AMBCrypto analysis suggests that Solana (SOL) may be replicating Ethereum’s 2024 breakout pattern, setting the stage for a potential bullish surge. 📌 Ethereum previously rallied from $2,500 in December to $3,700 in March, following a double bottom formation. 📌 Solana’s current price action appears to mirror this pattern, stabilizing above $190 and signaling […]
Wisconsin’s Investment Board Increases Bitcoin Exposure
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The State of Wisconsin Investment Board (SWIB) has doubled down on Bitcoin, increasing its holdings in BlackRock’s iShares Bitcoin Trust (IBIT), a move that highlights the growing adoption of crypto among institutional investors. 📌 A recent SEC filing reveals that SWIB now owns over 6 million shares of IBIT, valued at $335.9 million as of […]
SEC Hints at Possible Settlement With Coinbase Amid Legal Battle
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The U.S. Securities and Exchange Commission (SEC) has submitted a new court filing that suggests a potential resolution with Coinbase, referencing its new cryptocurrency working group as part of an effort to collaborate on ongoing legal matters. 📌 The SEC’s filing comes in response to Coinbase’s appeal against a federal judge’s ruling, which previously upheld […]
$4.5B Frenzy Ends in 90% Crash! LIBRA Memecoin Scandal
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Argentina’s President Javier Milei is under fire after his X account promoted the Solana-based memecoin LIBRA, sparking controversy and financial chaos. Initially marketed as an economic stimulus project for Argentina, the token skyrocketed in value before crashing over 90% in just five hours, wiping out $4.4 billion in market capitalization. As allegations of insider trading […]
Bitcoin Eyes Breakout as BTC Hovers Near $100K
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After failing to reclaim the $100,000 barrier, Bitcoin (BTC) continues trading within a tight range, sparking speculation about an imminent breakout and rally toward new highs. 📊 BTC has hovered between $94,000 and $98,000 for the past week, unable to hold above $99,000 since late January. Analysts suggest that Bitcoin’s prolonged consolidation could lead to […]
$29M in Bitcoin Resurfaces After 10.9 Years—Who’s Behind It?
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A long-dormant Bitcoin address has been reactivated after nearly 11 years, according to blockchain tracking service Whale Alert. The wallet, which had remained untouched since 2014, suddenly moved 300 BTC, worth a staggering $29,368,562. Such “awakening” events have been on the rise, particularly as Bitcoin continues its bull run, sparking speculation on whether early adopters […]