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Gemini Cofounder Reveals How Much David Sacks Will Lose In Crypto Gains In Four Years
Controversy has trailed the announcement of a Crypto Strategic Reserve with critics taking swipes at crypto czar David Sacks over allegations of unjust enrichment. Gemini cofounder Cameron Winklevoss has waded in to defend Sacks, noting that the crypto czar is losing a fortune in gains by preventing a conflict of interest. Gemini Founder Says Sacks Could Lose Up To $1 Billion In Crypto Gains Amid swirling speculations of unjust enrichment, Sacks confirmed the sale of all his cryptocurrency holdings to avoid a conflict of interest. Gemini Founder Cameron Winklevoss remarked that Sacks’ decision to sell off all cryptocurrencies would cost him gains running into a billion dollars. “David Sacks is going to easily lose out on $1 billion in crypto gains over the next 4 years,” said Winklevoss. “He sold all of his crypto holdings (including $85 million of his personal holdings) prior to becoming AI and crypto czar.” Sacks has previously confirmed the sale of his digital asset holdings while denying Multicoin exposure after divesting his stake. According to Sacks, he cumulatively sold $200 million worth of cryptocurrencies while disposing of $85 million worth of personal assets. He confirmed that he liquidated his holdings in crypto funds, including Bitwise and Blockchain Capital, before assuming office. Cameron says Sacks is at the helm of a policy shift for cryptocurrencies in the US but will not reap any benefits from the windfall of changes. “He is doing tremendous work and will not be sharing in any of the economic upsides to avoid even the slightest appearance of a conflict,” said the Gemini cofounder. Sacks Leads The Charge For New Crypto Policy Without Pecuniary Benefits David Sacks has hit the ground running since his appointment as crypto and AI czar, playing a key role in setting up the White House Crypto Summit . His efforts led to the establishment of a Strategic Bitcoin Reserve and the US Digital Asset Stockpile. Sacks disclosed that the US has lost over $17 billion from the previous sale of confiscated Bitcoins . The concerted efforts of Sacks are expected to trigger new institutional interest in the ecosystem, sending prices to new all-time highs by the end of Trump’s first tenure. The post Gemini Cofounder Reveals How Much David Sacks Will Lose In Crypto Gains In Four Years appeared first on CoinGape .

CoinGape 2025-03-09 04:22
Growth of One of the ‘Most Anticipated’ AI Token Launches in 2025 on Track: IntoTheBlock
New data from the market intelligence firm IntoTheBlock reveals that the long-term growth of an artificial intelligence (AI)-focused altcoin is on track. In a new thread on the social media platform X, IntoTheBlock says the numbers show that AI project Kaito ( KAITO ) – which had its highly anticipated token launch earlier this year – is primed for long-term growth despite users pulling profits from its initial airdrop. “KAITO was among the most anticipated token launches this year, but is the excitement holding up? Currently, about 41,800 addresses hold a balance, many established during the initial airdrop. While over 90,000 addresses were created in a single day, around 55% emptied out immediately, likely capturing airdrop profits. Even so, momentum remains solid: on average, 1,800 new addresses are added daily, and the adoption rate exceeds 30%. This steady influx of users suggests that KAITO’s long-term growth story is still unfolding.” Source: IntoTheBlock/X Kaito, an information finance (InfoFi) protocol, aims to solve the issue of fragmentation within the crypto space by using AI. Fragmentation happens within the crypto world when markets become increasingly divided by different blockchains, leading to separate sets of standards and a lack of interoperability. “By indexing thousands of sources – across social media, governance forums, research, news, podcasts, conference transcripts, and more – and combining this with proprietary search algorithms, semantic LLM (large language model) capabilities, and real-time analytics, Kaito Pro streamlines access to high-quality, actionable insights in the crypto space.” KAITO is trading for $1.64 at time of writing, a 1.7% increase during the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Growth of One of the ‘Most Anticipated’ AI Token Launches in 2025 on Track: IntoTheBlock appeared first on The Daily Hodl .

The Daily Hodl 2025-03-09 03:00
SUI’s 6-month high – How, why, and its impact on the altcoin’s price
SUI's new wallets surged by 150%, active addresses climbed by 110%, but the effect on the price is still fresh.

AMB Crypto 2025-03-09 03:00
BREAKING: Overnight Hack Attack – Altcoin Listed on Major Exchanges Hacked, Price Nearly Zeroed in Seconds
According to breaking information, the Entangle (NGL) token, which is listed on major cryptocurrency exchanges such as Bybit, MEXC, KuCoin, and Gateio, appears to have been subject to a major hack. The token’s value dropped by 96% in a short period of time. The token’s total market value was around $17 million before the hack. Chart showing the decline in NGL price. Related News: White House Official X Account Shares Unexpected Bitcoin Post The Entangle development team reported in a post on X that they had experienced an issue with the NGL token and were investigating the issue. They also added that they had temporarily stopped the Entangle bridge. *This is not investment advice. Continue Reading: BREAKING: Overnight Hack Attack – Altcoin Listed on Major Exchanges Hacked, Price Nearly Zeroed in Seconds

BitcoinSistemi 2025-03-09 02:42
Trump, Bitcoin, memecoins and ETFs: Women in Crypto dive deep into regulation and the future of finance
Bitcoin price volatility, shifting narratives in crypto and U.S. President Trump’s executive orders have shaken down the cryptocurrency ecosystem in less than 50 days of his administration. Crypto.news interviewed top women executives at blockchain and crypto firms to gather their insights, to unpack the recent developments with these leaders. Table of Contents Rachel Conlan, Global CMO, Binance Chrissy Hill, Chief Counsel/Interim COO, Parity Technologies Kyla Curley, Certified Cryptocurrency Forensic Investigator and Partner, StoneTurn Agne Linge, Head of Growth, WeFi Rachel Conlan, Global CMO, Binance Rachel Conlan opens with comments on Binance’s growth trajectory, fueled by increasing crypto adoption and institutional interest in the U.S. Conlan says that in Latin America alone, Binance recorded a 116% surge in crypto adoption in 2024 and reached 55 million users. 95% of these users plan to expand their holdings in 2025 as Binance surpasses 250 million registered users. With a mission of onboarding 1 billion users, the cryptocurrency exchange maintains optimism, expecting positive regulatory shifts and further institutional adoption in the U.S. Conlan said in the interview: “U.S. President Donald Trump’s pro-crypto stance has reignited global interest, potentially acting as a catalyst for increased adoption and regulatory clarity. With the approval of Bitcoin ETFs boosting investor confidence, Binance is poised to support the growing interest in the market, reinforcing its role as a preferred platform for both retail and institutional users.” Discussing the ongoing Bitcoin price cycle’s top narrative, memecoins, Conlan says: “Memecoins have definitely lowered the barrier to entry for new participants in crypto trading, attracting and engaging a diverse audience with their viral and trendy appeal and community-driven narratives. While some memecoins may fade with market cycles, the industry has progressed beyond a mere trend.” The CMO highlights how few memecoin projects have expanded their ecosystems and offered features like staking and decentralized exchanges, signifying a shift toward sustainability. Along with growing institutional interest, they could soon be recognized as a legitimate asset class, according to Conlan. “Memecoins may continue to play an important role in the crypto ecosystem, functioning as both an entry point for new investors and a driving force for greater crypto adoption.” When asked about ETF approvals in 2025 and whether traders should prepare for Dogecoin, Cardano, XRP, Solana ETFs being approved in H1 this year, Conlan said that the industry remains optimistic. “With increasing institutional interest and regulatory clarity, the industry is optimistic about the expansion of ETF offerings to include other major digital assets such as Dogecoin (DOGE), Solana (SOL), XRP, and Cardano (ADA). These potential ETF approvals would mark a significant step in the broader institutionalization of crypto, bringing increased liquidity and legitimacy to these assets. However, approvals may depend on evolving SEC policies and market conditions.” Binance’s CMO believes that Trump’s Strategic Crypto Reserve, and related executive orders have sparked meaningful discussions about the role of digital assets in the future of finance. She further mentions that the initiative reflects growing recognition of cryptocurrencies as a strategic asset class, highlighting the need for the U.S. to remain at the forefront of innovation in blockchain technology. “While the proposal to build a Strategic Crypto Reserve faces important discussions in Congress, we hope to see constructive dialogue between policymakers, regulators, and industry stakeholders. Constructive collaboration can help shape a framework that ensures security, stability, and economic benefits for all. As global interest in digital assets continues to rise, countries are exploring regulatory approaches that best suit their markets. We look forward to policies that support technological innovation while balancing market needs and compliance requirements, fostering a more stable and healthy environment for the entire industry,” she said. Adding to her thoughts on the Strategic Crypto Reserve, Rachel told Crypto.news: “If implemented, such an initiative could lead to increased institutional and retail participation, further cementing crypto’s role as a mainstream financial asset. Binance is prepared to support this evolution by ensuring liquidity, security, and accessibility for traders globally. This will represent a pivotal moment for the industry, and Binance looks forward to contributing its expertise and experience in driving crypto adoption forward. A clear regulatory path, government engagement, and increased institutional confidence will play a crucial role in shaping the future of digital assets and Binance is ready to support this transformation at a global scale.” You might also like: Jake Chervinsky: SBR and stockpile “not enough” to make U.S. crypto capital of the world Chrissy Hill, Chief Counsel/Interim COO, Parity Technologies Crypto.news interviewed Chrissy Hill of Parity.io, a core blockchain infrastructure company known for creating Polkadot. Hill shed light on the groundbreaking White House Crypto Summit event, the regulatory landscape in the U.S., Polkadot’s initiatives and what to make of the rising institutional adoption of crypto. Hill considers Trump’s White House Crypto Summit to be “the highest level of political support for the crypto industry.” Commenting on the Strategic Crypto Reserve, Hill explains how centralization vs. decentralization play a key role in token selection and that the announcement has acted as a “Geopolitical driver.” Hill is quoted as saying: “The U.S. is positioning itself as a forward-thinking leader in digital world, and the initial token selection (e.g., Cardano, Solana) reflects the “Made in USA” concept. The discussion remains open for other tokens to join the strategic reserve.” When asked about the upcoming SEC crypto roundtable and the financial regulator’s shifting stance on litigation against crypto firms and exchanges, Hill stresses the importance of all three branches, the executive, legislative and judicial, in shaping crypto policy. “The timeline for crypto legislation (e.g., Genius Act, Fit 21) has been pushed back to year-end. There is a critical need for educating policymakers on digital assets fundamentals and the Polkadot Blockchain Academy is running a UK pilot in April, with plans to expand globally.” Commenting on SEC guidance on memecoins, Parity’s Chief Counsel explains that it provides clarity but doesn’t address the speculative nature of the tokens. Hill recommends traders do their own research before investing in memecoins. Hill concludes the interview with Polkadot’s technology and roadmap for 2025, stating that, “the focus is on a multi-chain world, interoperability, scalability, and security. The project’s long-term approach emphasizes innovation and Web3 principles, with an aim to attract diverse stakeholders: builders, users, institutions, and governments.” Hill is confident that altcoins have the potential to see similar interest as institutions have shown in Bitcoin treasury holdings and ETF investments. Parity’s interim COO identifies Trump administration’s crypto-friendly appointments (e.g., Jonathan Gould to OCC) as the foundation to potentially setting global benchmarks in other jurisdictions like the EU, Japan, South Korea, Hong Kong, that are reviewing crypto regulations.” Chrissy advises women in crypto to embrace curiosity and open-mindedness in exploring new areas. She quotes Sun Tzu in her chat with Crypto.news and says, “Opportunities multiply as you seize them – Sun Tzu.” Hill encourages women to recognize that the digital world (blockchain, AI, robotics, IoT) offers numerous opportunities and not be afraid to enter new spaces, as everyone is starting from a similar point. You might also like: David Sacks downplays Trump’s altcoin mention after Bitcoin reserve EO Kyla Curley, Certified Cryptocurrency Forensic Investigator and Partner, StoneTurn Kyla Curley, a leader in crypto forensic investigation, has over two decades of experience in financial investigations and business litigation. Curley discussed expectations from the upcoming SEC crypto roundtable, crypto regulation in the U.S., memecoins and institutional interest in crypto with Crypto.news. Curley doesn’t expect a significant downturn in litigation against crypto firms, even as the SEC warms up to exchanges and drops lawsuits. She said, “There is no doubt that the Trump Administration, and the SEC as an extension, has rolled out the welcome mat to the crypto industry from day one. The Administration has hit the pause button on certain enforcement actions and policies, but the bottom line is this: fraud is not good for business, and the industry wants to work with The Administration to ensure the business-side thrives. So, of course the SEC is going to support and encourage innovation so crypto can take the next step in their maturity in the financial world, but I don’t think there is going to be a significant downturn in litigation, if potential enforcement is merited. At the end of the day, U.S. consumer and investor demand for crypto is driven in large part by confidence in the security of the market. An inadequately regulated market with few guardrails will drive consumers and investors to send their money to safer, more regulated markets.” Sharing her thoughts on the pace of crypto regulation and litigation by the U.S. financial regulator, the StoneTurn partner says, “The prior SEC Chair undertook a “regulation by enforcement” stance, which may have been intended to install guardrails around the industry, but led to a spike in litigation and ultimately drove some of the crypto investment out of the U.S. The Trump Administration is telling us they are looking to find a middle ground and find that balance in crypto regulation. We’ve already seen action here through SEC guidance in January, Staff Accounting Bulletin (“SAB”) 122, which broke down one of the greatest barriers to widespread adoption of crypto and other digital assets. SAB 122 repealed a widely unpopular reporting requirement contained in SAB 121 which placed significant and largely infeasible requirements on any financial institution wanting to custody digital assets for their customers.” Curley sees no intrinsic value in memecoins, guiding traders on the topic of meme tokens and the recent SEC guidance, the executive said: “Generally speaking, memecoins have no intrinsic value, so those launching projects should be aware that they are entering a space that is highly sensitive to any change in public perception and therefore more susceptible to potential market manipulation. A single social media post can impact the price, and the greater the audience, the greater the impact on the token.” As traditional financial institutions warm up to crypto, Curley says, “As I said before, business doesn’t like fraud. I think the traditional financial “gatekeepers” realize the inherent value of the industry, but they were always weary of the prevalence of “bad” business. As long as there is a balance between innovation and regulation, larger financial institutions will likely deepen their relationship with crypto in 2025 and beyond.” Agne Linge, Head of Growth, WeFi Linge observes the volatility in the crypto market and comments on the sentiment and unmet expectations of traders when referring to the U.S. Strategic Crypto Reserve. Linge tells Crypto.news, “The tariff and trade war has continued to create headwinds for the US stock market and, by extension, risk assets like Bitcoin. Despite President Trump’s postponement of the tariff on Mexico, investors still considered the market too risky to bet on. The subpar strategic Bitcoin reserve move triggered the uncertainty in the crypto market. With the Executive Order directing agencies to consolidate seized Bitcoin to form the reserve, crypto investors see the move as a trick, as no new BTC purchase was announced.” Linge highlights how, despite the knee-jerk reaction from investors, the Bitcoin reserve mandate authorizes the acquisition of BTC through means that will not cost taxpayers’ money. She explains, “The available options in this regard include Bitcoin bonds and the sales of its gold reserve to fund more purchases. In the long term, the Bitcoin reserve shift might benefit the coin. This thesis hinges on a possible race it has triggered that may see other sovereign nations make similar moves. Pricing in the long term prospect is hard for now, and in the short term, investors are focused on the non-farm payroll report. This report will serve as a major insight into the Federal Reserve’s next monetary actions, which can go a long way in pacifying investors.” Linge is no outsider to the crypto market and has navigated previous cycles where the market faced intense volatility. The recent surge in crypto liquidations and Bitcoin flash crash highlighted the market’s uncertainty, she remarks. “Amid this price action, the conviction for sustainable growth in the near term remains low as significant headwinds lie ahead. Despite the market’s long-term prospects, the headwinds from the events of the week, the tariff announcements, Crypto Summit and the FTX repayment scheduled cannot be ignored and may trigger more volatility in the coming days,” she says. Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.

crypto.news 2025-03-09 01:30
Assessing if Chainlink’s dev activity will be enough to fuel LINK’s price rally
Supply distribution revealed that many addresses varying in size from retail to whales have been accumulating LINK in recent weeks.

AMB Crypto 2025-03-09 01:00
Analyst Confirms Dogecoin Price Can Reach $90, Here’s When
Crypto analyst DOGECAPITAL has provided an ultra bullish outlook for the Dogecoin price, predicting it could reach as high as $90. The analyst also revealed when the foremost meme coin could reach this price target. When The Dogecoin Price Could Reach $90 In an X post , DOGECAPITAL predicted that the Dogecoin price could reach $90. He noted that the price target was the highest point of a red area, which he believes the top meme coin could peak at in this market cycle. Interestingly, the analyst’s accompanying chart showed that DOGE could reach this price target by the end of 2025, which he noted. Based on DOGECAPITAL’s analysis, this parabolic rally to $90 will happen in phase 3 of the meme coin’s bull run when it reaches this parallel red zone. This move will mirror previous cycles when Dogecoin reached its peak before starting a new cycle. The analyst noted that the bottom of that red zone sits at $26, his minimum target for this cycle. He said that the bottom of this red zone could gradually increase over time due to the slope of the line. Meanwhile, DOGECAPITAL claimed that the timing of DOGE’s approach to this red zone will determine when market participants can expect this cycle’s ultimate peak. In the meantime, DOGECAPITAL noted that the weekly candle continues to hold the same parallel line level, mirroring its behavior during the 2017 and 2021 bull runs. He predicts that phase 2 of DOGE’s bull run will begin once the bottom is fully confirmed. The accompanying chart showed that the Dogecoin price will surge above $2 during this phase 2 of its bull run. DOGE Could Soon Hit $3 Crypto analyst Trader Tardigrade recently predicted that the Dogecoin price could hit $3. This came as the analyst revealed that DOGE’s monthly candle had formed a Doji, which was mirroring the same position in the previous cycle. The analyst remarked that this Doji might kick off a bull run for the DOGE price , similar to the massive spike in 2017 and 2018. His accompanying chart showed that the top meme coin could reach $3 as it records this massive spike. Meanwhile, crypto analyst Ali Martinez stated that if the Dogecoin price maintains support at the channel’s lower boundary at $0.17, it could trigger a strong rebound toward $2.74. However, according to a CoinGape market analysis, there is still the possibility of DOGE suffering downward pressure before any potential price rebound. The analysis noted that the Dogecoin price is on the verge of forming a death cross , which may trigger a 42% crash to a five-month low of $0.11. The post Analyst Confirms Dogecoin Price Can Reach $90, Here’s When appeared first on CoinGape .

CoinGape 2025-03-09 00:48
Andre Cronje Outlines Reasons For Ethereum’s Underperformance This Cycle
Sonic Labs co-founder Andre Cronje has explained the reasons for Ethereum’s (ETH) faltering price performance in recent months. The DeFi godfather points to rising competition from Solana and Tron and internal wrangling on Ethereum as reasons for the network’s decline. Andre Cronje Identifies A Boatload of Factors Affecting Ethereum As analysts continue to scratch their heads over Ethereum’s underperformance, Andre Cronje has thrown his hat in the ring to explain the asset’s decline. Cronje took to X (formerly Twitter) to rationalize falling Ethereum prices in the face of major catalysts for the network. Top on the list for Cronje are layer 2 projects “ruining” user experiences via fragmented liquidity and the use of centralized sequencers. Cronje notes that the decision of L2 projects to dump ETH adversely affects price performance. Furthermore, short pressure from USDe and a botched scaling roadmap contribute their share to falling Ethereum prices. Cronje argues that ETH defenders are podcasters rather than engineers while the question of network representation remains unsettled. The recent appointment of Ethereum Foundation directors does little to convince Cronje to invest in the largest altcoin. Cronje Will Rather Invest In Other Altcoins Over Ethereum The Sonic Labs co-founder confirmed that the dour sentiment surrounding Ethereum is linked to increased competition from other blockchains. Rival blockchains like Solana (SOL) and Avalanche (AVAX) offer improved speed and finality while offering superior user interfaces. For Cronje, these competing blockchains offer direct support to native projects rather than opting for neutrality. He argues that teams are just not building on Ethereum and are opting for other blockchains to host their projects. “Hell, I don’t invest, but if I did, I would choose Solana, Tron, and XRP over ETH,” said Cronje. Ethereum’s Grim Price Prediction After the largest altcoin slipped below the $2,000 mark, on-chain analysts presented theories of ETH falling to $1,000 . Ethereum currently trades at $2,215 with whales scooping up one million ETH on a discount. Despite key catalysts like ETH ETF approvals and inclusion in the Crypto Strategic Reserve , the asset’s price performance is underwhelming. Analysts have their sights on resistance levels at the $2,857 mark and $2,084 for support as the assets navigate a choppy season. The post Andre Cronje Outlines Reasons For Ethereum’s Underperformance This Cycle appeared first on CoinGape .

CoinGape 2025-03-09 00:08
Gender Imbalance: Survey Says Men Dominate Crypto Sector
International Women’s Day (IWD) may be a good time to discuss the gender imbalance among investors in the crypto sector. Certain researchers have reported misappropriation of how men and women are represented in the burgeoning industry. Unfortunately, the ecosystem’s rise in prominence has not contributed significantly to ensuring gender balance. Financial Inclusion to Include Women Ultimately, one of the goals of the digital asset sector is to promote financial inclusion and encourage individual empowerment. Beyond focusing on the marginalized and the unbanked, this goal also cuts across both genders. Up until now, men have dominated the digital asset sector, whether as investors, developers , CEOs, or even founders. According to Gemini’s Global State of Crypto 2024 report, the ownership gender gap is prominent. The gap widened between 2022 and 2024. This research involved 6,000 adults from five countries: the U.S., the UK, France, Turkey, and Singapore. From 42% in 2022, the share of women among the respondents dropped to 31% in 2024. Meanwhile, this report suggested that both men and women are interested in holding their crypto for a long time. In the UK, however, more women have held their crypto assets a year longer than their male counterparts. Female Crypto Investors Seek to Improve Well-being BDC Consulting conducted a survey and discovered that more than half of the women who invested in crypto did so to improve their well-being. Rather than trade their crypto assets, these women are more likely to hold (HODL) them for long terms. From this study, BDC Consulting identified a few factors possibly responsible for women’s entry barrier into this ecosystem. Insufficient educational materials and shared family budgets were highlighted. At other times, it is a function of the offensive comments passed by male peers in crypto-related online communities. Singapore Women Take Over the Crypto Trading Landscape Crypto firms and related businesses may need to explore strategies to attract the feminine gender and establish them in the sector. As stated in a 2023 Independent Reserve Cryptocurrency Index (IRCI) survey report, some female crypto traders exist in regions like Singapore . The study highlighted how these female crypto investors are more optimistic about the asset class than their male colleagues. The US has little historical data on women’s participation in the crypto sector. However, with a new pro-crypto administration , the outlook may improve soon to accommodate more women. The post Gender Imbalance: Survey Says Men Dominate Crypto Sector appeared first on TheCoinrise.com .

The Coin Rise 2025-03-08 23:00
Stablecoin dominance to fall once again? Impact on Bitcoin’s market will be…
Market-wide sentiment and price action in recent months have killed altcoin season hopes among participants.

AMB Crypto 2025-03-08 23:00
Tron Founder Justin Sun Asserts TRX Price Will Hit New ATH
Tron founder Justin Sun is rippling with optimism over the future of Tron (TRX) as he eyes a new price level. According to Sun, TRX’s price will reach a new all-time high (ATH) despite the current on-chain indicators and fundamentals around the asset. Justin Sun Targets New All-Time High For TRX Barely three months after TRX hit an all-time high, Justin Sun says the asset will surpass its previous milestone. The project’s founder took to X (formerly Twitter) to predict the future price of TRX amid a cloud of uncertainty. For Justin Sun, TRX will set another all-time high in the coming months following a steep drop in asset prices. TRX set a new all-time high of $0.44 in December 2024 on the back of a broader altcoin rally but recent prices pale in comparison. “TRX will hit ATH no matter what happens,” said Sun in an X post. With prices at $0.24, TRX has fallen by 44.22% from its all-time high but analysts are still sharing a similar sentiment with Justin Sun. TRX’s seven-day chart indicates a steady upward climb of nearly 7%, sparking speculation that TRX will reach $1 . Tron Network’s Activity Heats Up To A Boil Despite trading at nearly 50% from its all-time high, the Tron network is recording impressive network activity. Onchain analyst Ali Martinez confirmed that active addresses have reached 2.94 million, marking a two-month high. Pseudonymous analyst Crypto Patel revealed that TRX is barrelling toward $1, expressing confidence that the asset will reach the target in this bull run. A hefty investment by Justin Sun in the Trump family-backed World Liberty tokens has fuelled speculation for an upward climb for TRX. However, the exclusion of the TRX in the Crypto Strategic Reserve has left a bad taste in the mouth of investors. Amid speculation involving TRX, the Chinese-born entrepreneur is grappling with his fair share of legal troubles. Justin Sun is staring down at the possibility of a lawsuit from blockchain protocol Chain for market manipulation. The US SEC is exploring a resolution to Justin Sun’s civil fraud case following the securities watchdog dismissal of Kraken’s case . The post Tron Founder Justin Sun Asserts TRX Price Will Hit New ATH appeared first on CoinGape .

CoinGape 2025-03-08 22:08
XRP’s $380M whale activity – Here’s what it means for the altcoin’s price!
XRP's whale activity and rising NVT ratio hinted at a potential price shift or breakout soon.

AMB Crypto 2025-03-08 22:00

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