As Ripple (XRP) faces challenges due to regulatory uncertainties and broader crypto market downturns, its price has fallen below the crucial $2.50 support level. This has pushed XRP investors to explore alternatives like Panshibi (SHIBI), a panda-inspired memecoin linked with innovative features like Social-Fi and AI-driven rewards. Panshibi has attracted significant interest from XRP holders, particularly due to its presale success, raising over $1.16 million with hopes of a 50x growth. It offers attractive staking rewards of up to 1,200% APY and exclusivity features such as the Bamboo Private VIP Members Club for early investors. With a total presale cap of $10 million, Panshibi positions itself as a potential market contender. Meanwhile, XRP could decline further unless a bullish catalyst like a spot Ripple ETF approval in the U.S. emerges. Investors are thus actively engaging in the Panshibi presale as they seek profitable ventures in the crypto market.
DTX Exchange is emerging as a notable contender in the crypto market, driven by an impressive 800% presale surge. The platform offers innovative tools like up to 1000x leverage and 33.5% staking APY, attracting Solana and Cardano investors. Recently, rumors suggest that DTX is poised for a Tier 2 exchange listing, which could emulate the exponential growth seen in Trump Coin and Cardano. Such developments in DTX could lead to substantial market interest and dramatic price hikes, reflecting historical trends where new exchange listings boost cryptocurrency value. DTX’s mixed features of decentralized and centralized trading alongside its high TPS capacity provide a robust platform for traders looking for high returns. This anticipated strategic expansion aligns with the broader crypto market outlook, sparking cautious optimism and speculative trading activities.
Ethereum’s current struggles raise uncertainty about the onset of a new altcoin season, yet certain cryptocurrencies show strong potential. Stellar (XLM) and Terra Classic (LUNC) have seen notable recoveries, with weekly gains of 8.40% and 13%, respectively, despite recent downturns. Meanwhile, the meme-based coin Agent A.I. is gaining traction as a prospective high-growth investment, capitalizing on a community-driven pre-sale strategy. Traders are advised to monitor these developments closely, as they could counter Ethereum’s sluggishness and offer significant gains. However, investing in these niches involves risks, demanding a balanced approach from investors.
Bipartisan lawmakers in the U.S. House of Representatives are driving a resolution to support blockchain technology and digital assets by emphasizing the need for a regulatory framework conducive to innovation while ensuring consumer protection. This legislative move is crucial for industries impacted by blockchain, with the anticipated benefits likely enhancing market confidence. Amid these developments, several cryptocurrencies are projected as leading investments for 2025: DexBoss (DEBO), Aureal One (DLUME), yPredict (YPRED), EOS, and Stacks (STX). DexBoss is notable for its significant potential, aiming to revolutionize DeFi trading through automated risk management and cross-chain liquidity. Aureal One stands out in Web3 gaming with its low transaction fees, while yPredict offers AI market insights. EOS and Stacks focus on enhancing Web3 infrastructure and integrating Bitcoin into layer 2 solutions, respectively. The emphasis is on growing institutional adoption and technological progress, suggesting high potential returns with relatively mitigated risks. Overall, the legislative advances in blockchain may lead to a more bullish market outlook, contingent upon further regulatory clarity.
Panshibi, a panda-themed meme coin, is gaining traction among investors, particularly in Asia, as traders look for potential high returns. Initially noted for predictions of significant value increase by 2025, Panshibi has since drawn substantial interest due to strategic appeal and rapid growth potential. Though facing competition from established meme coins like Shiba Inu and advances from Sui, Panshibi distinguishes itself via its market positioning and social media influence. Early investment success in its presale phase suggests a shift where traders are seeking newer crypto projects with promising returns. The locked liquidity and team tokens aim to build community trust, with the market expecting Panshibi to redefine meme coins’ success, potentially expanding the market to $115 billion.
A proposed US Senate bill titled ’Decoupling America’s Artificial Intelligence Capabilities from China Act’ targets Chinese AI technologies like DeepSeek. Introduced by Senator Josh Hawley, the bill seeks to ban US-China AI collaboration, imposing fines of up to $1 million for individuals and $100 million for companies and denying federal contracts to violators. The bill reflects growing security concerns and trade tensions between the US and China. It currently lacks bipartisan support and is criticized for potentially stifling AI innovation. Analysts suggest that while the bill poses significant challenges for AI firms involved in US-China tech trade, it may be more of a political statement than a feasible legislative action due to its broad language. The passage of this bill could have significant consequences for global AI and tech markets, including impacting the financial performances of affected companies like DeepSeek and potentially influencing the cryptocurrency market through shifts in tech investment strategies.
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US-China AI BanDeepSeekAI RegulationsTech Export RestrictionsUS Politics
The Commodity Futures Trading Commission (CFTC) has intensified its scrutiny on sports event prediction contracts offered by platforms like Robinhood and Crypto.com to ensure compliance with derivatives regulations and prevent market manipulation. Robinhood Derivatives has halted its sports event contracts, including the Pro Football Championship market, following CFTC’s demand for more stringent oversight. This product had rolled out to a limited number of users but is now suspended as part of a broader regulatory tightening. Robinhood, in partnership with Kalshi, sought to engage with the CFTC for balanced regulation. The CFTC’s scrutiny is also extended to other platforms, including Crypto.com, which awaits further review but remains confident in its compliance. The increased regulatory focus aims to ensure market integrity, with the CFTC planning public discussions on the topic. These developments reflect broader regulatory challenges faced by event-driven crypto markets.
The Virtual Assets Chamber of Commerce (VACC) in Kenya is voicing concerns over the proposed Virtual Asset and Virtual Asset Service Providers Bill 2025. The bill suggests a 3% digital asset tax, criticized as being much higher than international standards, such as Indonesia’s 0.1%-0.2% tax rate. VACC warns this could harm the digital asset sector’s growth in Kenya. The bill also proposes a licensing regime and investor protection measures, marking Kenya’s first comprehensive regulation for the industry. While supporting regulatory clarity, VACC urges the government to align with global standards like the EU’s MiCA framework, reducing compliance costs to attract foreign investment and foster local entrepreneurship. Clear stablecoin regulations are also emphasized to enhance financial inclusion, vital for cross-border payments in Kenya. The situation reflects broader issues seen in countries like India and South Korea, where high crypto taxes face significant opposition. These developments hold critical implications for crypto traders preparing for potential shifts in the regulatory landscape.
Grayscale Investments has launched the Grayscale Dogecoin Trust, targeting institutional investors to tap into Dogecoin (DOGE), the leading memecoin by market capitalization. This move is part of Grayscale’s broader strategy to expand its crypto product offerings amid volatile market conditions. The company, managing $35 billion in assets, introduces this trust amidst rising institutional interest in memecoins, with Dogecoin trading stably around $0.32291 as of early February 2025. Grayscale’s expansion includes previous products like trusts for Aave and Lido DAO. Additionally, the interest in memecoin investments is mirrored in filings for ETFs featuring Dogecoin, signaling the growing acceptance and integration of memecoins in digital asset markets.
The cryptocurrency market is seeing emerging trends with VeChain, Sui, and Panshibi gaining attention. VeChain has experienced a slight price increase to $0.0449 due to increased inflows into crypto assets. Sui, despite market downturns, holds its position as the 14th most valued cryptocurrency, priced at $4.17. Both VeChain and Sui investors are also showing interest in Panshibi, a new meme coin in its presale phase. Panshibi distinguished itself through humor-infused utility and a robust presale, securing $50,000 within 48 hours. It offers staking features with up to 1,200% APY and a smart contract audit boosting its credibility. Analysts predict significant gains for Panshibi, with a possible appreciation of 145,000% post-launch. Its liquidity will be locked for 10 years and the team’s tokens for 2 years, enhancing investment security. This interest reflects a pattern where investors seek high-growth opportunities within meme coins, contributing to potential growth in the crypto sector.
Mutuum Finance (MUTM), a DeFi lending and borrowing protocol, is approaching full presale allocation while preparing its V1 lending launch on Sepolia testnet in Q4 2025. The MUTM token trades at $0.035 in Phase 6 (over 99% sold); the presale began at $0.01 and has raised about $19.45M so far. Total supply is capped at 4 billion MUTM, with 45.5% (≈1.82B) allocated to presale and roughly 825M already sold. The official launch price is set at $0.06. Protocol design includes pool-based mtTokens that represent yield-bearing deposits, peer-to-peer collateralized loans with utilization-based rates and LTV controls, and fees partly used to buy back MUTM for redistribution to stakers—creating usage-linked buy pressure. Development milestones: V1 on Sepolia in Q4 2025 supporting ETH and USDT, liquidity pools, mtTokens, debt tokens, and an automated liquidator; roadmap also lists an overcollateralized interest-bearing borrower stablecoin and Layer-2 integrations to lower costs and enable smaller positions. Security work includes a CertiK token scan score of 90/100, Halborn reviewing lending/borrowing contracts, a formal audit process and a $50,000 bug bounty. For traders, key data points are current presale price ($0.035), official launch price target ($0.06), funds raised (~$19.45M), supply metrics (4B total; 45.5% presale), high presale allocation velocity (>99% in Phase 6), buyback-and-distribution mechanics, and upcoming utility catalysts (Sepolia V1, stablecoin, L2). These factors point to potential pre-utility revaluation and short-term momentum risk around listing and launch events; monitor liquidity, lock-up schedules, audit outcomes and actual V1 deployment for medium-term conviction.
This combined analysis assesses Bitcoin price prospects for 2026–2030 by merging historical post‑halving cycles, on‑chain metrics, macroeconomic trends and institutional adoption. Key drivers: the 2024 halving’s supply shock and the 2028 halving, rising hash rate and network security, growth of Bitcoin ETFs and institutional products, Layer‑2 scaling (Lightning), and macro factors (inflation, currency weakness and geopolitical risk). Analysts use models such as Stock‑to‑Flow, Metcalfe’s Law and halving‑based regressions to produce scenario ranges: conservative (2026 ~$120k → 2030 ~$250k), moderate (2026 ~$180k → 2030 ~$450k) and optimistic (2026 ~$250k → 2030 $1M+). The later summary refines near‑term expectations: post‑halving momentum could support bullish moves into 2026, but consolidation in 2027–2028 remains plausible depending on adoption, ETF inflows and macro liquidity. Primary risks include regulatory crackdowns, environmental or miner economics constraints, liquidity or exchange failures, derivatives positioning and technological threats. For traders the report recommends monitoring on‑chain indicators (exchange reserves, realized cap, holder distribution), derivatives flows and ETF inflows, and combining technical, fundamental and macro signals. Suggested tactical approaches include dollar‑cost averaging for long exposure, disciplined position sizing (commonly 1–5% for conservative allocations), and strong custody/security practices. Models provide directional guidance but are imperfect; use multiple models and fundamentals. This is informational, not trading advice.
The USDC Treasury (Circle) minted 250,000,000 USDC in a single on-chain transaction flagged by Whale Alert on April 10, 2025. Backed 1:1 by USD reserves, this mint increases USDC circulating supply and represents a notable liquidity event. Large-scale mints often signal institutional activity — exchanges, market makers, hedge funds or corporations preparing liquidity for trading, large asset purchases (e.g., BTC, ETH), OTC desks or DeFi deployments. On-chain transparency allows traders to monitor subsequent token flows to exchanges, DeFi protocols or custody wallets. The immediate market effect depends on deployment speed and destination: transfers to exchanges or trading desks can create near-term buying pressure on major crypto assets, while idle custody or redemptions would mute impact. Key data points: 250,000,000 USDC minted; recorded at the official USDC Treasury contract address. Historical context: prior multi-hundred-million USDC mints have coincided with institutional inflows and TVL increases but are not guarantees of instant rallies. For traders: treat the mint as a neutral on-chain indicator that becomes bullish if followed by visible exchange inflows or on-chain conversions into crypto. Track on-chain explorers and alert services for follow-through; watch for increased market depth and reduced slippage if funds are deployed as liquidity.
Caroline Ellison, former CEO of Alameda Research, is scheduled for release from federal custody on January 21, 2026, according to U.S. Bureau of Prisons records. Ellison, 31, pleaded guilty in December 2022 to fraud and conspiracy tied to the 2022 collapse of FTX and cooperated extensively with prosecutors, including testifying against FTX founder Sam Bankman‑Fried. She was sentenced in September 2024 to 24 months’ imprisonment and ordered to forfeit about $11 billion; she began serving her sentence in November 2024. Records show Ellison was transferred in October 2025 from a Connecticut federal prison to a Residential Reentry Management (RRM) office in New York and has been in community confinement since October 16, 2025. Her release date was recently moved forward from February 20, 2026 to January 21, 2026 — officials have not publicly explained the change, though it is likely due to good‑conduct credits and reentry programs. Post‑release conditions include three years of supervised release and a consented 10‑year bar on serving as an officer or director of public companies or crypto exchanges, per SEC notices. Sam Bankman‑Fried remains serving a 25‑year sentence and is pursuing clemency. For crypto traders: the development is primarily legal and personnel‑focused and is unlikely to directly move markets. However, Ellison’s early release and continued regulatory restrictions reinforce ongoing regulatory scrutiny and reputational risk tied to FTX‑related actors, which could sustain higher compliance costs and cautious sentiment across crypto firms.
U.S. XRP spot ETFs recorded net inflows of $11.93 million on Dec. 24 (US Eastern), driven mainly by Franklin’s Franklin XRP ETF (XRPZ), which saw $11.14 million of inflows that day and now has cumulative net inflows of $231 million. Canary’s Canary XRP ETF (XRPC) contributed $0.79 million on the day and has cumulative inflows of $385 million. Total assets under management (NAV) across XRP spot ETFs stand at $1.25 billion, with XRP making up 0.98% of net assets. Historical cumulative net inflows into XRP spot ETFs have reached about $1.14 billion. Data source: SoSoValue; figures are market information and not investment advice.
BlackRock transferred approximately $229.2 million of crypto into Coinbase Prime, depositing 2,292 BTC (~$199.8M) and 9,976 ETH (~$29.2M), according to on‑chain trackers Arkham Intelligence and Lookonchain. Earlier reports cited slightly different amounts (2,019 BTC and 29,928 ETH), but the later, higher‑precision Lookonchain update consolidated the move as a single institutional deposit. The transfer signals notable institutional activity between the world’s largest asset manager and Coinbase’s institutional custody/trading platform, though the purpose — custody, trading, staking or fund reallocation — was not disclosed. Markets watch such flows closely because they can precede large trades or rebalancing by ETFs and fund managers; recent weekly outflows from BlackRock’s Bitcoin and Ethereum ETF products underscore active fund flows that could drive subsequent trading. Traders should note potential short‑term volatility around BTC and ETH as the market digests whether this deposit represents a precursor to selling, redeployment, or simple custody transfer.
GeeFi (GEE) presale momentum has accelerated, raising roughly $1.6M across phases with Phase 1 sold out quickly and Phase 3 currently underway at $0.13 per token. The project reports about 3,000+ community holders and short fundraising bursts (one reportedly raised $180K in 24 hours). GeeFi markets a non-custodial GeeFi Wallet with integrated DEX, a planned crypto card (VISA/Mastercard partnerships claimed), a deflationary burn mechanism, and tiered staking offering 10%–55% APR depending on lock-up, plus a 5% referral bonus. The presale materials advertise a confirmed listing price of $0.40, implying a potential immediate gain from Phase 3 price; analysts expect remaining presale phases to sell out. The piece is a sponsored press release and not investment advice. Separately, Avalanche (AVAX) is highlighted for institutional-focused growth in the MENA region via a new DLT foundation targeting enterprise custom chains and music-industry royalty solutions — a slower, institutional strategy compared with GeeFi’s retail-focused utility rollout. Traders should note the promotional nature of the claims (advertised listing price, high APRs, card partnerships) and weigh liquidity, token lockups, and counterparty risk before trading or participating in the presale.
India’s Competition Commission (CCI) has approved Coinbase’s purchase of a minority stake in DCX Global Limited, the parent company of Indian exchange CoinDCX. The clearance formalises a capital infusion first disclosed in October and follows CoinDCX’s recent reopening of Indian user registrations after a two-year pause. Coinbase has invested in CoinDCX since 2020 via minority stakes to gain local exposure without taking operational control. CoinDCX reported a $44.2m wallet security incident in July that it said did not affect customer funds. Coinbase is pursuing a phased India strategy: crypto-to-crypto trading is live now, while a rupee fiat on‑ramp is targeted for 2026. The CCI decision signals Indian regulators are open to structured foreign investment in crypto despite policy uncertainty, high transaction taxes and other regulatory constraints. For traders, the approval raises the likelihood of increased liquidity and institutional participation in India over the medium term, though near-term market impact is limited because Coinbase remains a minority investor and CoinDCX retains operational control. Primary keywords: Coinbase, CoinDCX, India regulation, exchange investment, liquidity, rupee on‑ramp.
BitMine acquired roughly $140 million of Ethereum (ETH) during a market dip, with blockchain trackers noting a 48,049 ETH transfer from a FalconX hot wallet that market observers attribute to the firm. The company’s disclosure earlier showed holdings of 3,967,210 ETH at an average cost of $3,074 per ETH; after the latest purchase its stake is about 3.97–4.00 million ETH, valued near $11.6 billion at current prices. BitMine substantially accelerated buys in 2025 — adding 240,711 ETH in early December alone — and says it aims to control roughly 5% of Ethereum’s circulating supply. The buy coincided with ETH sliding below $3,000 (trading near $2,926) and a roughly 12% weekly decline. Tom Lee, BitMine’s chairman, pointed to regulatory progress in Washington and rising Wall Street interest as positive drivers for crypto. BitMine’s NYSE American-listed stock (BMNR) rose modestly on the day, closing at $31.39, up 1.42% and roughly 551% over six months. For traders: the purchase signals continued institutional accumulation of ETH, increases BitMine’s influence over circulating supply, and may provide a supportive bid under price during dips — but consider concentration risks, execution/confirmation uncertainty for the specific transfer, and broader macro/regulatory factors when sizing positions. Disclaimer: not investment advice.
USDC Treasury minted a total of 500 million USDC on the Solana blockchain in two consecutive transactions, according to on-chain tracker Whale Alert. The mints occurred on Dec 5 (Beijing time) at about 22:24 and 22:25, creating two batches of roughly 250 million USDC each. The reports did not disclose the recipient addresses or the purpose of the issuance. Traders should monitor Solana USDC flows, treasury addresses and centralized exchange deposits, as the sudden increase in circulating USDC on Solana can affect stablecoin liquidity, lending markets, on-chain arbitrage and short-term price dynamics for SOL and other Solana-native markets. Primary keywords: USDC, Solana, stablecoin minting. Secondary keywords: Whale Alert, on-chain issuance, token supply.
Onchain Lens and other on-chain analysts reported a BlackRock-linked wallet withdrew 153.83 BTC and 16,930 ETH (≈$67.5M) from Coinbase, interpreted as a deliberate custody/cold-storage transfer. This follows earlier reports of larger multi-day buys attributed to BlackRock (thousands of BTC and tens of thousands of ETH across multiple transactions), and coincides with net inflows into BlackRock’s ETF products such as iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA). The transfers signal continued institutional accumulation and reduced exchange-listed supply — factors that can support price and tighten available spot liquidity. For traders: monitor ETF flows, exchange reserve levels (Coinbase custody movements), and on-chain transfers for confirmation of sustained demand; expect the move to be more sentiment-boosting than immediately market-moving given the size relative to overall market caps, but it can increase short-term volatility and compress sell-side liquidity. Risks include regulatory scrutiny, possible coordinated large allocations that create episodic volatility, and reversals if flows slow. Primary keywords: BlackRock, BTC, ETH, institutional accumulation, exchange reserves.
Data from OKX shows Bitcoin price initially plunged below $87,000 on Nov. 21, dropping 3.19% to $86,998.30 amid heightened volatility. By Nov. 26, the cryptocurrency retraced only 0.01% intraday, trading near $86,983.50 with limited market swings and no major sell-off. Traders should watch the key support at $85,000, monitor volume and order book depth for signs of a rebound or further downside in Bitcoin price, and stay alert to macroeconomic data and regulatory updates that could influence crypto market stability.
Grayscale IPO: Grayscale, the world’s largest crypto asset manager, filed its S-1 registration with the SEC on November 13 for a NYSE listing under the ticker GRAY. As of September 30, 2025, the firm manages $35 billion in assets and reported $319 million in revenue for the first nine months of 2025—a nearly 20% year-on-year decline—and a 9.1% drop in net profit. ETF fee income from its Bitcoin and Ethereum trusts accounted for 88% of total revenue. Historically, its GBTC trust absorbed 76% of newly mined BTC in 2020, but the GBTC premium collapsed amid market turmoil and following its January 2024 conversion to a spot BTC ETF, which triggered over $10 billion in outflows within two months. Now, Grayscale faces fee-based competition from BlackRock and Fidelity’s spot Bitcoin ETFs and high-leverage BTC plays by MicroStrategy. As the Grayscale IPO approaches, traders will watch the share count, pricing range and whether the firm can differentiate through performance, cost efficiency and product diversification as it transitions from a crypto on-ramp to a mainstream financial issuer.
Bitcoin price has faced renewed selling pressure over recent weeks. After failing to break technical resistance near $115,000 and sliding below $113,000 on October 29, the Bitcoin price tumbled further on OKX on November 19, falling 1% to $91,978.90. The decline highlights heightened market volatility and shifting trader sentiment. As the benchmark cryptocurrency navigates downward momentum, traders may eye support levels around $90,000 and adjust risk management strategies. Potential buying opportunities could emerge at key floors, but downside risks remain if bearish momentum intensifies.
Crypto ETP outflows totaled $2bn last week, marking the largest weekly withdrawal since February and extending a three-week slump that has reduced assets under management (AUM) to $191bn, down 27% from October.
The United States accounted for $1.97bn of crypto ETP outflows, while Germany saw a $13.2m inflow and Brazil recorded modest gains. Other regions including Switzerland, Sweden, Hong Kong, Canada and Australia experienced combined outflows of around $93m.
Bitcoin ETPs led redemptions with $1.4bn (2% of AUM) withdrawn, and Ethereum lost $700m (4% of AUM). Smaller products saw outflows of $8.3m for SOL and $15.5m for XRP. In contrast, SUI attracted $6m, LTC $3.3m and ADA $0.4m in inflows. Multi-asset ETPs drew $69m over three weeks, while short Bitcoin funds saw $18.1m of inflows.
Analysts attribute the outflows to monetary policy uncertainty and whale selling, triggering a rotation into diversified and hedged products. They view the sell-off as a broader market correction rather than a structural downtrend, and expect cautious accumulation near support levels ahead of renewed ETF inflows.
Ethereum price briefly slipped below the $3,400 support on OKX, trading at $3,399.17 on November 6. The pullback occurred amid a negligible 0.03% gain that day, reflecting minor market fluctuations. On November 8, Ethereum dipped again to $3,397.73 despite a stronger 3.04% daily rise, underscoring short-term volatility around this key price floor. Traders should monitor whether Ethereum price can reclaim $3,400 in the coming sessions to confirm bullish momentum. Continued network upgrades and growing DeFi adoption support long-term growth prospects, while the current range-bound moves suggest a cautious but stable outlook for ETH trading.
In a ‘60 Minutes’ interview, former President Donald Trump reaffirmed his goal to make the US the world’s leading crypto hub. He highlighted executive orders to establish a Digital Asset Policy Task Force and a Strategic Bitcoin Reserve, and reversed several SEC enforcement actions against major exchanges including Coinbase, Gemini, OpenSea and Uniswap. Trump defended his pardon of Binance co-founder Changpeng Zhao—who had pleaded guilty to Bank Secrecy Act violations—calling it a “Biden witch hunt.” He also cited the Trump family’s Bitcoin mining and meme-coin ventures, estimated to have generated over $1 billion in profits. Trump dismissed corruption concerns around the Trump-linked USD1 stablecoin and Binance.US talks as baseless. These policy moves and the high-profile pardon signal renewed regulatory support for the crypto sector and have drawn criticism from Senator Warren and Representative Nadler.
VanEck Digital Assets has filed an amended Form S-1 with the SEC to launch the first US ETF tracking JitoSOL, a Solana-based liquid staking token. The JitoSOL ETF aims to provide regulated access to SOL staking yields through a tradable fund. Each JitoSOL token represents staked SOL and accumulated rewards, letting investors capture validator returns without running nodes. ETF shares will be created and redeemed in 25,000-share baskets via cash or in-kind transactions. Unlike spot Solana ETFs, the JitoSOL ETF focuses on staking rewards and operates as a digital asset trust outside the Investment Company Act.
Solana (SOL) trades near $186 with over $4.2 billion in daily volume. Analysts highlight support above $180 and forecast potential rallies to $240 or $300 if buying pressure continues. Technical strategist Ali Martinez points to the 200-day moving average as key support. Elliott Wave analyst NekoZ sees SOL completing its corrective phase and entering an impulsive uptrend, targeting $295 in Wave 3 and above $380 in Wave 5.
The JitoSOL ETF filing tests the SEC’s evolving stance on liquid staking. Recent staff views suggest tokens like JitoSOL may not be securities if providers lack discretionary control over rewards. Approval would mark a milestone for compliant SOL staking access in the US. Traders should watch ETF approval progress and SOL technical levels for trading opportunities.
On October 23, US Senator Elizabeth Warren accused Binance founder Changpeng Zhao (CZ) of paying then-President Trump for a pardon and pleading guilty to money laundering. In reality, CZ’s November 2023 guilty plea addressed only inadequate anti-money-laundering (AML) controls at Binance under the Bank Secrecy Act as part of a $4.3 billion settlement. CZ has threatened a defamation lawsuit through attorney Teresa Goody Guillén of Baker & Hostetler. The legal notice demands Warren retract her social-media claims or face court action, arguing her allegations misrepresent the facts and damage CZ’s reputation. Legal experts note that in a defamation lawsuit involving a public figure, the plaintiff must prove actual malice. They also question whether congressional speech immunity covers lawmaker posts on social platforms. CZ’s legal threat underscores growing political risks for the crypto sector. Traders should watch how this dispute affects market sentiment for Binance’s native token, BNB. Ongoing regulatory scrutiny combined with high-profile legal battles could increase volatility and influence Binance’s compliance reputation among investors.