Father's Meme Coin Campaign Raises $14M for Brain Tumor Research
A father transformed his daughter's brain tumor diagnosis into a groundbreaking fundraising success by leveraging a Solana-based meme coin. The initiative raised $14 million for pediatric brain tumor research, demonstrating cryptocurrency's potential for philanthropic causes.
Memecoins Lead Crypto Investment Trends in 2024 as Cat Tokens Challenge Dog's Dominance
CoinGecko reports memecoins capturing 31% of crypto investor interest in 2024, with Solana-based tokens gaining prominence. Cat-themed cryptocurrencies are now rivaling traditional dog-based tokens, while AI projects and real-world assets round out top investment trends.
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.