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The analysts also report the 0xcEA wallet address is also behind a string of other high-profile “pump and dump” token launches, including a fake Robinhood (HOOD) token that rallied to a peak market capitalization of $120M before falling to $12.5 million at the time of publication.
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From this near-identical sniping activity on 0xcEA, combined with the CCTP funding patterns, Bubblemaps concluded that the LIBRA and MELANIA tokens were likely launched by the same team.
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Allaire also called for a repeal of an SEC’s Staff Accounting Bulletin, called SAB 121, which prevents banks and financial institutions from holding crypto assets on their balance sheets.
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Circle CEO Jeremy Allaire told Reuters at the World Economic Forum in Davos on Jan. 20 that he expects renewed activity from Congress on crypto regulations. “We expect Committee work to be very active, literally in the coming weeks,” he said.
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“There will be more than enough headlines about it in the coming days and weeks,” they said.
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Alex Svanevik, the CEO of crypto intelligence platform Nansen, has tipped a US-listed Solana ETF to go live in 2025 as part of nine predictions that could make the next year “the mother of all bull markets.” He wrote in a Nov. 27 X post:
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The deadline for Grayscale’s Solana ETF application is Jan. 23, while the four other applicants expect a preliminary decision by Jan. 25, 45 days after the SEC formally accepted the ETF application for review in November.
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The spot Solana ETFs are currently under review by the United States Securities and Exchange Commission (SEC), with a deadline for a preliminary decision by the end of January 2025,
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“Since it is still very uncertain, an ETF approval in the US would have a positive price impact on Solana since the probability is low and therefore not yet priced in,” said Alejo Pinto, former IBM blockchain growth lead and founder of Solana layer-2 network Lumio.
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As the leading monolithic blockchain network, Solana’s $91 billion market capitalization is four times smaller than Ether’s $403 billion, meaning it needs to capture less investment for more upside momentum.
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More companies are vying for a Solana ETF, including asset management giants VanEck, Grayscale, 21Shares, Bitwise and Canary Capital
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From the best to the worst and finishing with the most inspiring development, here are the three most significant crypto predictions for 2025.
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Meanwhile, hackers, fueled by similarly advanced AI tech, may see another banner year of thefts and exploits.
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Super advanced artificial intelligence crypto trading bots and a potential United States-listed Solana exchange-traded fund (ETF) may boost crypto’s fortunes in 2025, according to crypto industry observers.
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The US Justice Department charged Kwon with eight felony counts in March 2023, including commodities fraud, wire fraud and conspiracy to engage in market manipulation. It’s unclear when he could appear in a courtroom after his extradition from Montenegro.
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The IDPA’s investigation began in March 2023, and the agency said it reached its conclusion after considering the Dec. 18 European Data Protection Board (EDPB) opinion on using personal data to develop and deploy AI models.
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During the investigation, OpenAI moved its European headquarters to Ireland. The IDPA said its Irish counterpart, the Irish Data Protection Authority (DPC), has become the lead supervisory authority in continuing any investigations.
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According to the IDPA, OpenAI’s “collaborative attitude” during the investigation reduced the fine’s size.
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Companies that violate the GDPR can be fined up to $20 million or 4% of their global turnover.
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After the campaign concludes, the IDPA said users should be aware of how to oppose the training of generative AI with their data and exercise their rights under the European Union’s General Data Protection Regulation (GDPR).
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