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Solana (SOL) Price Analysis: Rally Could Extend To $140

Solana price is trading in a positive zone above $100 against the US Dollar, like Bitcoin. SOL could extend its rally toward the $140 resistance.

Solana (SOL) Price AnalysisSOL price remained in a bullish zone above the $88 and $90 support levels. The bulls were active near the $90 zone. A base was formed, and the price started a decent increase above the $100 level.

There was a push above the $105 level and the 55 simple moving average (4 hours). The pair even climbed above the $120 level. A high was formed near $125.97 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $67.00 swing low to the $125.07 high.
UK Police Seize 61,000 Bitcoins From Huge Chinese Investment Fraud

The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors.

British Police Seize Over 61,000 BitcoinsThe U.K. Metropolitan Police have seized more than 61,000 bitcoins from a massive investment fraud in China, marking one of the largest cryptocurrency seizures globally, the Financial Times reported Tuesday.

The bitcoin seizure information was disclosed during a trial of 42-year-old Jian Wen, who is accused of laundering bitcoin for her former employer, Zhimin Qian (also known as Yadi Zhang), an alleged fugitive from China. Wen moved to the U.K. in 2007 from China and became a British citizen in 2018.
Solana-Based Altcoin That’s Up 900%+ in a Month Primed for Monster Move, Says Top Trader – Here Are His Targets

A widely followed crypto analyst and trader is expressing bullish sentiment on an altcoin in the Solana (SOL) ecosystem that has skyrocketed by triple digits in four weeks.

The analyst pseudonymously known as Bluntz tells his 244,400 followers on the social media platform X that the memecoin dogwifhat (WIF) is primed for a “monster” surge after making a V-shaped recovery on the hourly chart.
Hong Kong’s New Bitcoin, Ethereum ETFs Will Be ‘Lucky’ To Attract $500 Million Inflows, Expert Says

Hong Kong regulators on Monday greenlighted the launch of spot Bitcoin and Ethereum exchange-traded funds (ETFs), demonstrating the growing institutionalization of cryptocurrencies.

However, Bloomberg’s senior ETF analyst Eric Balchunas has thrown cold water on the excitement surrounding the new spot crypto products after suggesting they are not as big of a deal as some crypto enthusiasts may think.
The Web3 Epic Challenge with OGCommunity, Hello Pixel, Xyro, TweetScout and 7 big projects where you get a chance to claim $50,000 USDT and fantastic prizes in tokens and NFTs

The Web3 Epic Challenge organized by OGCommunity  has rallied key players from the Web3 and GameFi realms, including notable names such as Hello Pixel, Terminal, ZarGates, The Sandbox, Hexacore, MemeFi Club, WorldShards, Xyro, TweetScout. Gamers embarking on this epic journey will face challenging tasks crafted by each project, vying for prestigious prizes along the way. 

Click, complete tasks and grab prizes
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
BUSAI Announces Airdrop – Earn Rewards and Display Your AI Creations

BUSAI, the groundbreaking meme coin on the Solana blockchain, is introducing a range of captivating community initiatives designed to captivate crypto enthusiasts from around the globe. Experience the excitement of participating in the PinkSale Presale, exclusive Airdrop, and engaging AMA sessions with BUSAI. Discover a world where AI-infused memes come to life and earn exciting rewards.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Shiba Inu and DOGE On the Cusp Of Gigantic Price Explosions as Trump-Musk X Interview Boost Odds

Tesla CEO Elon Musk recently interviewed Republican Presidential Contender Donald Trump on X, a move that could spell major gains for canine-themed meme coins such as Dogecoin and Shiba Inu.
SEC Notches Big Win As Texas Court Throws Out Consensys’ Lawsuit Over Ethereum

A lawsuit lodged by Ethereum software giant Consensys against the U.S. Securities and Exchange Commission (SEC) and its five commissioners, including Gary Gensler, was tossed out by a Texas Federal judge on Thursday.

The SEC and Consensys have been warring for a while now as the company wanted a federal court to declare that Ether (ETH) is not a security.

Judge Ends Consensys’ Suit Against SECThe Securities and Exchange Commission scored a major win after Judge Reed O’Connor in the U.S. District Court for the Northern District of Texas in the Fort Worth Division sided with the agency and dismissed Consensys’ claims as “moot”.

“In April 2024, Consensys filed a lawsuit to protect the Ethereum ecosystem from the SEC’s regulatory overreach and stand up for the industry that has been subject to the agency’s reckless enforcement agenda,” Consensys said in a statement on X. “Unfortunately, the Texas court today dismissed our lawsuit on procedural grounds without looking at the merits of our claims against the SEC.”
The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
Henrik Zeberg Doubles Down on Bitcoin Price Prediction, Says Stock Market Nearing Top

Economist Henrik Zeberg is doubling down on his blow-off top price prediction for Bitcoin (BTC) despite what he says are signs of topping in the stock market.

In a new interview with Ran Neuner on the CryptoBanter YouTube channel, Zeberg predicts a move above the $78,000 level early this week as the election results come in.
Gavin Wood Reveals Vision for Polkadot’s Revolutionary JAM Protocol at sub0 reset

WebZero has unveiled the complete agenda for its conference sub0 reset, calling on developers, investors, and innovators to collaborate with Polkadot founder Dr. Gavin Wood and industry frontrunners from Parity and the Web3 Foundation. Together, they will focus on developing JAM, a groundbreaking paradigm that sets the stage for creating and securing Web3 applications.
A Surge in Senior Leadership Signals the Rise of Blockchain Gaming

Key Takeaways:

The blockchain gaming industry is experiencing a noticeable influx of senior leadership, marking a significant step toward mainstream recognition and credibility.Despite this positive growth, issues around age and gender diversity remain persistent challenges that need to be addressed to ensure a balanced and inclusive workforce.With some of the biggest AAA gaming studios gearing up for high-profile blockchain-based game releases in 2025, the gaming industry seems poised for a major shake-up – but despite all the excitement, lingering questions about long-term sustainability still hover in the background.The “Leadership Wave” in Blockchain Gaming: A Transformation in Motion2024 has been a year of transformation for blockchain gaming. A wave of senior executives and seasoned veterans from traditional gaming companies has been flooding into blockchain studios like never before. The Blockchain Game Alliance (BGA) calls this shift a “critical turning point,” reflecting growing trust in blockchain gaming’s potential to become a serious industry powerhouse.

So, what’s fueling this surge of talent into blockchain studios?
Robinhood CEO Vlad Tenev Says Crypto Tokenization Could Secure Dominance of US Stock Market

The chief executive of retail trading giant Robinhood says that the tokenization of traditional assets could secure the dominance of the US equities market.

In a new interview on the Bankless YouTube channel, Robinhood CEO Vlad Tenev says that crypto asset tokenization will boost the US stock market the same way stablecoins are helping establish the dominance of the US dollar.
Coinbase to Acquire Deribit in $2.9 Billion Deal to Expand Crypto Derivatives Business

Coinbase is preparing to make one of its largest moves in the global cryptocurrency market. According to WSJ, the company has agreed to acquire Deribit, a leading crypto options exchange. The transaction is said to be worth approximately 2.9 billion dollars, which includes cash to the tune of 700m and roughly 11 million shares of Coinbase Class A. Nevertheless, the transaction is yet to get regulatory clearance and others final conditions.

Deribit’s $30B Open Interest Could Strengthen Coinbase’s RevenuesInsiders in the industry indicate that this acquisition is a deliberate attempt by Coinbase to take its operations into the crypto derivatives space, which includes futures, perpetual futures and options. Deribit is well-known for its mighty presence in the crypto options market and reports an open interest of over $30 billion. In addition, Deribit’s assumed $1 trillion transaction volume in 2024 implies strong demand from institutional investors and mature traders.

By purchasing Deribit, Coinbase seeks to create a much more extensive worldwide trading platform. The platform will provide a complete lineup of trading products: spot, futures, perpetuals, and options, in a unified, highly capital-efficient structure, observers say. This goes hand in hand with the long-term view by Coinbase of becoming a single destination for all forms of crypto trading.