Hernandez, who pleaded guilty to conspiracy to commit wire fraud, deceived investors into believing Forcount was a legitimate crypto firm. A New York court has sentenced Antonia Perez Hernandez, a key promoter in the Forcount Ponzi scheme, to 30 months in prison. The ruling, delivered by U.S. District Judge Analisa...
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Vitalik Buterin Rejects Bitcoin Allocation Rule, Stays Committed to Ethereum
Vitalik Buterin dismissed calls to allocate 10% of portfolios to Bitcoin and reaffirmed his commitment to Ethereum over diversification. Ethereum co-founder Vitalik Buterin has addressed a claim by crypto analyst Udi Wertheimer, who suggested that every investor should allocate at least 10% of their portfolio to Bitcoin. Buterin disagreed, revealing...
Ripple (XRP) Plummets to 3-Week Low Despite Strong Endorsement From SBI CEO
XRP plunged by double digits to under $2.5 earlier today. TL:DR; The overall market crash that started late last night only worsened in the past few hours, and Ripple’s native token is among the poorest performers, with a massive 15% daily drop. This comes despite a highly positive endorsement from...
Crypto Market Reacts More to FUD Than Positive News: Nansen
Nansen says the market needs more good earnings reports for positive sentiment to override negative news again. A new report by the on-chain analytics platform Nansen has disclosed that the crypto market appears satiated for now and is reacting more to negative sentiment than positive news. The report discussed U.S....
The State of Crypto Options Markets After the Recent Sell-Off (Report)
Bitcoin options volatility has been on a decline since Monday’s risk-off event; however, Ethereum’s has been more bullish, while Solana’s has been stable. The beginning of this week was a bit cranky for the financial market, with sharp declines across major stock indexes and digital assets amid the launch of...
Bitcoin Price Analysis: BTC Risks Plunging to $92K if This Support Fails
Bitcoin is once again dropping lower after failing to breach the $108K resistance level. Investors are worried that this could be the start of a much deeper correction as the asset is currently beneath the coveted $100,000 mark. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily...
Cardano Price Analysis: Will ADA Fall to $0.6 After 11% Weekly Drop?
Cardano’s price has been correcting gradually over the last few months after a significant rally in November. Yet, there are multiple strong support levels available to push the price higher in the coming weeks. By Edris Derakhshi (TradingRage) The USDT Paired Chart Looking at the USDT-paired chart, the asset has...
Gold Hit ATH, Bitcoin Plunges—What’s Driving the Divergence?
The precious metal exceeded the $2,800/oz mark for the first time ever on Friday. It has been less than two weeks since Donald J. Trump stepped back into the White House, and he has already rattled the cages with numerous controversial decisions. The latest came on Saturday evening as he...
We Asked DeepSeek if Ripple (XRP) Can Hit New All-Time High This Year
The main culprit behind a possible new all-time high is the resolution of the SEC v. Ripple case. TL:DR; XRP became one of the top performers of 2024, and the start of 2025 was also quite promising as it came just 1% away from its all-time high of $3.4. It...
Bitcoin Slips Below $102K, Solana’s Weekly Troubles Persist (Weekend Watch)
SOL is down by 8% since last Saturday. Bitcoin had a solid Friday, at least at first, as it pumped above $106,000 before the bears resumed control of the market and pushed it south by over four grand. Most altcoins are quite sluggish on a daily scale, with SOL, ADA,...