Category: Uncategorized

Sonic Price Prediction: Will Rebranding Fuel a Rally to $2?

Sonic (formerly Fantom) continues its bullish momentum, defying broader market pullbacks and trading at $0.5861. Since the rebranding from Fantom to Sonic, the token has surged 30% last week and 10% this week, signaling a potential extended rally. 📌 Can this bullish momentum push Sonic’s price to the key $1 psychological level? Or is an […]

Argentina’s President Milei Speaks Out After LIBRA Crypto Scandal

Argentine President Javier Milei has finally addressed the LIBRA token controversy, following his social media post promoting the crypto project, which later collapsed, affecting thousands of investors. Milei acknowledged that his endorsement may have influenced people to invest, but maintained that he only shared information about LIBRA’s goal of financing Argentine entrepreneurs who lacked access […]

Meteora’s Ben Chow Resigns Amid LIBRA Insider Trading Scandal

Ben Chow, co-founder of Solana-based platform Meteora, has resigned following insider trading allegations tied to the collapse of the LIBRA token, a cryptocurrency initially backed by Argentine President Javier Milei. 📌 LIBRA’s price surged to a $4 billion market cap before crashing 91% within hours, fueling speculation of insider manipulation. 📌 Chow’s departure raises concerns […]

Pig Butchering Crypto Scams Surge 33% in 2024

A new Chainalysis report reveals that pig butchering crypto scams have increased by 33.2% in 2024, significantly contributing to the $9.9 billion in crypto-related fraud. 📌 These scams, also known as romance scams, involve fraudsters building trust with victims before tricking them into fake crypto investments. 📌 Most pig butchering operations originate from scam compounds […]

Binance Not for Sale—CZ and Yi He Deny Rumors of Acquisition

Former Binance CEO Changpeng “CZ” Zhao and co-founder Yi He have denied circulating rumors that Binance is being sold, calling them baseless speculation spread by competitors. 📌 Yi He dismissed claims that Binance was in acquisition talks, stating that some news outlets were paid to spread false information in an attempt to divert market attention, […]

Argentina’s Milei Faces Fraud Charges Over LIBRA Crypto scandal

Argentine President Javier Milei is facing fraud charges following his promotion of the LIBRA cryptocurrency, which briefly surged to a $4 billion market cap before crashing nearly 96% within hours. 📌 The charges, filed Sunday in an Argentine criminal court, were brought by attorneys and political opponents, including former Argentine Central Bank head Claudio Lozano, […]

Solana Price Mirrors Ethereum 2024 Rally—Could SOL Hit $340?

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

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 […]