According to the Bloomberg report, Stephen Akridge is locked in a legal battle with his ex-wife, Elisa Rossi. She filed some grave charges against Akridge for using her blockchain expertise to take millions of dollars worth of staking rewards from her Solana holdings.

US Crypto Policies Threaten XRP & BTC Trends: Anti-crypto moves by the Biden administration and SEC weigh on XRP prices and BTC adoption potential.

Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an application to the U.S. Securities Exchange Commission (SEC) for an exchange-traded open-end index fund (ETF) based on Solana futures, a new line of ETFs. This move aims to provide investors new opportunities to leverage the Solana blockchain ecosystem.

Volatility Shares has filed an application with the SEC for the first leveraged Solana ETFs in the U.S.

Ripple's XRP is currently consolidating on the larger time frame, with no major price correction. Instead, the market is moving sideways, hinting at a period of consolidation within an overall uptrend. At the time of writing, XRP is down by more than two percent and is trading at $2.17.

Solana co-founder Stephen Akridge is being sued by his ex-wife, Elisa Rossi, for allegedly misappropriating millions of dollars in staking rewards from her Solana holdings.

Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, shared his thoughts on the regulation of Ripple, expressing that he always believed the scrutiny on the company and its cryptocurrency XRP was unnecessary.

Solana prices have suffered some notable declines over the last several weeks, dropping more than 30% since reaching a fresh, all-time high near the end of November.

Several big stories and developments have occurred in the crypto space this week, including rumors of a presidential pardon for FTX's Sam Bankman-Fried, EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's Inauguration.

CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger's (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume.

Critical support for XRP is present at the 26 EMA, a level that has been holding the ground for the asset. The assets short-term trajectory will probably be determined by the ongoing battle at this price.

Stephen Akridge, co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over alleged misappropriation of substantial gains from Solana (SOL) tokens, Bloomberg News reported on Dec. 27. Rossi claims that Akridge used his advanced expertise in crypto and blockchain to siphon off staking rewards from her digital wallet.

Stephen Akridge, co-founder of Solana, is being sued by his ex-wife, Elisa Rossi. The lawsuit claims that he misappropriated “millions of dollars” in cryptocurrency income from her digital wallet.

One crypto analyst on X shared on Wednesday an investment thesis that sees the market cap of XRP surging to as much as $1.56 trillion if the token's dominance continues to scale up in the following months.

The cryptocurrency market is a connected ecosystem, and interoperability fuels its development. Cardano, which has a market capitalization of $31.4 billion, and Ripple's XRP, with a market capitalization of $123 billion, could be planning to enter into a symbiotic relationship.

The SEC's ongoing legal battle with Ripple over its XRP token is that it is overreaching to regulate the crypto space while leaving more pressing issues such as the Sam Bankman-Fried. Focusing on Ripple could be a concerning precedent for future digital asset regulations in the U.S.

Pro-XRP lawyer John Deaton has criticized a newly finalized crypto tax reporting rule issued by the Biden administration. The rule, titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales,” was recently introduced by the IRS.

The inaugural Solana AI hackathon concluded on Monday. Over 400 projects threw their respective hats in the ring for a contest offering cash prizes but more importantly the prospect of potentially-lucrative attention to so-called AI agents, which are currently flooding crypto social feeds.

Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.

The Ripple (XRP) price has broken below the 21-day SMA support and made a low above $2.00. Cryptocurrency price analysis brought by Coinidol.com.

Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.

A whale spent 1 million USDC to buy 23.18 million SPORE tokens, now up $620,000. An investor turned $2,600 into $1 million by trading SPORE, gaining 412 times their investment.

Stephen Akridge, a co-founder of Solana, is in the middle of a courtroom showdown. His ex-wife, Elisa Rossi, has dragged him into a lawsuit claiming he made off with “millions of dollars” from her staking rewards.

Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.

Solana DEX trading volumes exceeded $100B in December 2024, outpacing Ethereum and Binance Smart Chain. With Raydium leading single-chain DEXs and Solana's TVL soaring by 57%, the blockchain's efficiency and scalability continue to attract DeFi users. SOL price, however, saw a 20% decline. The post Solana Defies Bearish December, DEX Trading Volume Surpasses $100B appeared first on Cryptonews.

Cryptocurrencies did well in 2024, and the trend may continue in the coming year as the Federal Reserve cuts rates. XRP price surged to $2.90, up by over 640% from its lowest level during the year after Donald Trump won the election.

Despite the recent bull rallies by both coins, OKX appears to have maintained its stance, as previously stated in June of this year. Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures will be delisted by the crypto exchange today.

The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX.

XRP's price is currently chilling at $2.14, having dipped 1.1% in the last 24 hours. With a market cap of $123 billion, it ranks fourth behind tether (USDT), boasts a global trade volume of $5 billion, and has been bouncing between $2.13 and $2.23 today.

The price of Ripple (XRP) has seen a spectacular increase of over 300% in the last two months, reaching $2.10 on December 27, 2024. However, warning signs suggest that the XRP cryptocurrency could collapse by at least 25% in the coming days.

Robert Kiuru, COO at XRPL Labs, recently stressed the importance of the Batch Amendment for the XRP Ledger.

XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise. Ripple (XRP) price was trading at $2.

The market remains mainly red, however, there are some exceptions to the rule, according to CoinStats.

Solana-based meme coins, including Pudgy Penguins (PENGU), Fartcoin, and Gigachad, have experienced massive growth in 2024, with gains ranging from 600% to 1800%.

In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.

Ever since the crypto industry gained momentum, Bitcoin ($BTC) and Ethereum ($ETH) are the two names that have been dominating the market. No one ever managed to come close.

The price of Ripple-linked cryptocurrency XRP has witnessed considerable selling pressure recently following a crypto-wide drawdown last week. However, this has not deterred analysts from sharing ultra-bullish targets for the coin.

XRP, after witnessing price volatility in the past couple of days, with its value dropping to $2.137, has made a rebound. Data from CoinMarketCap shows the coin has reclaimed the $2.20 price level, representing a 1.75% increase in the past 24 hours.

Investors have poured nearly $800M on Solana ($SOL) since September 2023. Can this token rise to $500 once alt-coin season starts? The post Solana's Capital Inflows Soar – Could SOL Be the Next $500 Coin? appeared first on Cryptonews.

The digital asset currently holds a 2% market dominance, with a market cap of $125 billion. The coin is trading at $2.20, up 52% in the last month, with a daily trading volume of over $5.60 billion.

Solana (SOL) has generated a lot of buzz due to its efficiency alongside effective development for quite some time now. Meanwhile, Cardano (ADA) and Sui (SUI) also have solid records of achievements. However, a new player in the market, Rexas Finance (RXS), is making its mark as a disruptor in the blockchain industry.

Cryptocurrency enthusiasts and traders have been paying close attention to XRP, the digital asset associated with the Ripple network. Recently, crypto analyst Egrag Crypto made waves with a bold prediction that XRP could reach as high as $27 in the next market cycle.

XRP News: Crypto exchange Binance's peer OKX will delist Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures today. The move comes in line with current market trends and to meet users' needs, the crypto exchange explained.

Solana price action is at a critical juncture, with the cryptocurrency testing market's patience, it hovers just below the pivotal $194 resistance level. This threshold has emerged as a significant hurdle as bulls struggle to sustain enough momentum to power a breakout despite recent attempts to push higher.

XRP price has entered a consolidation phase over the past seven days, following a historic rally during November and December that saw it reach its highest levels in six years. Whale activity has stabilized, with the number of wallets holding between 10 million and 100 million XRP recovering to 301 after a month-low of 292 on December 18.

Solana dips 3%, trading at $190.75 with a $3.5 billion volume. Explore its market highlights, DEX dominance, and Bitget Wallet's latest features. The post Solana Price Dips 3% With $3.5 Billion Volume – Is $300 Still Within Reach? appeared first on Cryptonews.

XRP is currently dealing with an interesting situation, as its on-chain metrics and price movement show. Active accounts for the digital asset have decreased, and the most recent data indicate a sharp decline in user activity.

After Trump's November victory, the crypto market surged, fueled by expectations of a pro-crypto-Republican stance. XRP soared 54.65% in a month to $2.31, achieving a market cap of $132.3 billion and a staggering 270% quarterly growth, securing its position as the fourth-largest cryptocurrency. Though XRP is down 4% today and trading at $4.