Altcoins Surge While Bitcoin Stalls in Year-End Market Rally
Major altcoins like Ethereum, Solana and XRP posted significant gains of 4-7% while Bitcoin traded sideways at $95,000. The divergence comes as MicroStrategy adds another 5,262 BTC to its holdings amid intense trading activity and liquidations across crypto markets.
Bitcoin Surges Past $98,500 in Spectacular Christmas Rally, Lifting Entire Crypto Market
Bitcoin leads a remarkable holiday season surge, approaching the $100,000 milestone with a 5.65% gain while triggering $40 million in short liquidations. Major altcoins join the rally with Ethereum, XRP, and Solana posting significant gains, outperforming traditional markets.
NFT Scammers Face Federal Charges in $22M Cryptocurrency Fraud Case
Two California residents are charged with orchestrating multiple NFT rug pull schemes that defrauded investors of $22 million between 2021-2024. The case highlights the FBI's growing concerns as Americans lost over $5.6 billion to crypto fraud in 2023 alone.
Solana's Sharp Selloff: Market Correction or Bull Run Reversal?
The cryptocurrency market faced a significant downturn as Solana dropped 20% alongside other major assets. Despite the decline, analysts remain bullish on SOL's fundamentals and technical indicators, projecting potential upside to $500-600 range.
Influencer's Cryptocurrency Collapse Sparks Legal Investigation and Investor Outrage
Social media personality Hailey Welch faces scrutiny from law firms after her $HAWK cryptocurrency crashed 95%, causing devastating losses for investors. The incident, which involved questionable token distribution and alleged pump-and-dump tactics, has ignited debates about celebrity crypto promotions.
Grayscale Files for Spot Solana ETF Amid Growing Institutional Interest
Grayscale Investments seeks SEC approval to convert its $134.2M Solana Trust into a spot ETF under ticker GSOL, following successful Bitcoin and Ethereum ETF launches. The move comes as Solana's network adoption surges, with SOL reaching $264 and outpacing Ethereum in DEX volumes.
Grayscale Seeks SEC Approval to Launch Solana Spot ETF
Grayscale Investments has filed with the SEC to convert its $134.2M Solana Trust into a spot ETF under ticker GSOL. The move follows successful Bitcoin and Ether ETF conversions, while Solana's price surged 7% on the news amid growing institutional interest.
Trump Victory Sparks Crypto Rally, But Retail Investors Remain Cautious
Despite cryptocurrency markets surging past $1 trillion following Trump's election win, retail investors show hesitancy to re-enter the market at previous levels. While institutional players drive the rally on promises of crypto-friendly policies, individual traders appear to be taking a more measured approach after the 2021 crash.
Solana Memecoin Trader's $160 Investment Skyrockets to $6.1M Amid Copyright Drama
An anonymous crypto trader turned a modest $160 investment into $6.1 million through a new Solana-based memecoin CHILLGUY in just 12 days. The astronomical success story faces uncertainty as the original meme creator threatens legal action over copyright infringement.
Altcoin ETF Wave Could Trigger Explosive Crypto Market in 2025, Bloomberg Analyst Predicts
Bloomberg analyst Eric Balchunas forecasts a surge in altcoin ETF applications, with 14 funds currently awaiting SEC approval. The potential wave of approvals could revolutionize cryptocurrency investment accessibility, offering regulated exposure to digital assets beyond Bitcoin and Ethereum.