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Tag Archives: solana

Trader Made $23M Flipping Solana Meme Coins: Details

A meme coin trader has reportedly cashed out over $22 million in profits from multiple positions in meme-themed tokens on the Solana blockchain. According to blockchain analysis firm Lookonchain, the actions of a trader identified as “paulo.sol” on the Solana Name Service account were flagged on April 26. Meme Coin Trader Profits Over $22 Million The meme coin trader achieved profitable outcomes from assets like Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK). They...

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Pantera Capital’s Fund V Targets $1 Billion for Diverse Blockchain Investments

Pantera Capital is seeking to secure $1 billion for its new fund, ‘The Panter Fund V. ‘ It is designed to provide investors with exposure to a wide range of blockchain-based assets. A new report by Bloomberg revealed that the new fund is expected to launch in April 2025. Pantera Fund V The Pantera Fund V has been designed to be an all-encompassing product, differing from the digital asset investment manager’s previous funds with more specific investment focuses such as the...

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FTX to Auction Off Remaining Solana (SOL) Tokens: Report

Bankrupt cryptocurrency exchange FTX is looking to offload its remaining Solana native tokens, SOL, via an auction this week. According to a Bloomberg report, people familiar with the matter said the bankruptcy estate would auction an unspecified amount of SOL in the hopes of receiving a higher price than that which they would have gotten through direct sales. FTX to Sell SOL Via Auction The blond auction represents a shift from the fixed-price sales the bankruptcy estate has...

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Figment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services

[unable to retrieve full-text content]CoinspeakerFigment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services Figment's growth is not limited to staking volume alone; the company is also extending its reach by strengthening its presence in the European continent Figment Soars with Record-Breaking Growth in Q1 2024 and Expanded Staking Services

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Bitget Report: Middle East Crypto Market Surges by 166% YoY

[unable to retrieve full-text content]CoinspeakerBitget Report: Middle East Crypto Market Surges by 166% YoY The Unite­d Arab Emirates emerge­s as the clear frontrunner in crypto adoption across the Middle East. Such an outlook aligns with the nation's progre­ssive stance on digital assets. Bitget Report: Middle East Crypto Market Surges by 166% YoY

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We Asked ChatGPT if MEW Can Become the Biggest Solana Meme Coin in 2024

TL;DR Cat in a Dogs World (MEW), a meme coin on the Solana blockchain, has notably increased by 60% in a week, supported by new trading options on the OKX exchange and significant investments from large-scale investors. The potential for MEW to become the top Solana-based meme coin is uncertain, influenced by market trends and innovations. Despite its growth, the token’s success remains speculative with a current market cap significantly lower than the leading asset of that...

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New York Jury Convicts Avraham Eisenberg in $110 Million Crypto Market Manipulation Case

A federal jury has convicted crypto trader Avraham Eisenberg of fraud and market manipulation. The charges stemmed from Eisenberg’s exploitation of Mango Markets, a decentralized finance (DeFi) protocol built on the Solana blockchain. Eisenberg Convicted for Market Manipulation Eisenberg, 28, was found guilty by jurors in a federal court in Manhattan on charges of commodities fraud, commodities manipulation, and wire fraud. “Avraham Eisenberg executed a manipulative trading...

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Solana (SOL) Price Analysis: Price Dips 50%, Can It Recover?

Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...

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