Amid an overall crypto market decline, the XRP price has fallen nearly 15% this week to the $1.53 zone. Despite the drop, veteran trader CasiTrades sees signs of a short-term recovery towards $2 as XRP tests a key technical support area known as the golden pocket.
XRP Rally Fades as Market Sentiment Turns Bearish
XRP started 2026 on a strong bullish note, rising nearly 30% to reach a high of $2.41 in the early weeks of January. This rally was mainly driven by growing regulatory clarity and optimism around new XRP ETF approvals, which attracted millions of dollars in steady inflows.
However, that positive momentum did not last long. As market excitement cooled, many investors began booking profits, leading to a broader sell-off. XRP was not spared from this shift and soon slipped back below the important $2 level.
Fast forward to today, XRP is trading near $1.60 and showing early signs of stabilization after recently falling to a low of $1.53.
Important Resistance Levels to Watch for XRP
As per Casitrade’s analysis, XRP has completed a major downside move and is now sitting in what traders call the “golden pocket” support zone.
Looking at her XRP price chart, the recent drop followed an Elliott Wave pattern, with Wave 3 ending near the $1.55 to $1.60 area. This level acted as solid support and helped stop the fall.
Now traders are watching for a possible Wave 4 relief rally. As the first key resistance level to watch is around $1.78, which matches the 0.382 Fibonacci retracement and could act as a barrier.
Further, CasiTrades explains that Wave 2, earlier in the cycle, was very shallow. In Elliott Wave theory, when Wave 2 is shallow, Wave 4 usually becomes deeper. That means XRP could push higher than many expect during this relief rally.
If buyers step in with strength, XRP could move toward $1.93 or even $2.03. The $2.03 level is especially important because it represents the macro 0.5 retracement zone.
Why $2.03 Is a Critical Level for XRP
CasiTrades analysis highlights that XRP must reclaim $2.03 and hold above it to change the current bearish structure. If the price successfully breaks and stays above this level, it would reduce the chances of another drop toward $1.55 or lower.
A strong move above $2.03 could also increase the possibility that the expected final bearish wave fails, opening the door for a larger recovery.
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FAQs
What will XRP be in 2026 price prediction?
XRP price predictions for 2026 range between $3.45 and $5.05, depending on ETF inflows, market sentiment, and sustained demand above key levels.
What will XRP be worth in 2030?
By 2030, XRP forecasts suggest a potential range of $17 to $26.50 if adoption grows and Ripple maintains its role in global payments.
How much will 1 XRP be worth in 2040?
Long-term projections estimate XRP could trade between $97 and $179 by 2040, assuming continued network usage and institutional integration.
Is XRP a good investment going into 2026?
XRP’s outlook for 2026 depends on ETF inflows, broader crypto sentiment, and its ability to hold key support levels above $2.
Dubai is taking a big step toward the future of digital assets. Billiton Diamond and tokenization company Ctrl Alt have partnered to launch a major diamond tokenization project worth more than $280 million.
The initiative aims to make diamond trading faster, more transparent, and easier to access for investors around the world.
Diamond Tokenization To Be Minted On XRPL
In a recent press release by Ctrl Alt, the company confirmed a historic partnership with Billiton Diamond to tokenize more than AED 1 billion ($280 million) worth of polished diamonds in Dubai.
This collaboration aims to modernize the diamond industry by using blockchain technology to make diamond trading more transparent, secure, and efficient.
The project focuses on turning physical diamonds into digital tokens that can be easily tracked, transferred, and verified on the blockchain.
These tokenized assets are being minted on the XRP Ledger, a fast and low-cost blockchain network, while Ripple’s enterprise-grade custody technology is being used to secure the assets.
How Diamond Tokenization Will Change the Industry
Traditionally, buying and selling diamonds has been a slow and complex process. Investors often face challenges such as limited transparency, high costs, and difficulty in verifying authenticity. Through tokenization, every diamond can now have a digital record showing its origin, grading, and ownership history.
The company is also exploring ways to enable future trading of tokenized diamonds on primary and secondary markets.
However, all these activities will be subject to approval from Dubai’s Virtual Assets Regulatory Authority (VARA).
Industry leaders believe this project could change how diamonds are bought and sold. According to Billiton Diamond’s Joint Owner Jamal Akhtar, tokenization turns diamonds from an illiquid asset into a transparent and investable digital product. He added that it can improve liquidity and shorten working capital cycles for traders and manufacturers.
Ripple’s Managing Director for Middle East & Africa, Reece Merrick, also highlighted that the initiative proves high-value physical assets can be safely managed on-chain.
Ripple is proud to support Billiton Diamond and @CtrlAltCo who have tokenized over AED 1 billion ($280m) of certified polished diamonds on the XRPL.
This initiative shows how @Ripple's technology can bridge the gap between physical assets and the digital economy, utilising our…
“Ripple is proud to support Billiton Diamond and Ctrl Alt, who have tokenized over AED 1 billion ($280m) of certified polished diamonds on the XRPL.”
With strong regulatory support and advanced technology, Dubai is positioning itself as a global leader where traditional commodities meet the digital economy.
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FAQs
What is diamond tokenization and how does it work?
Diamond tokenization converts physical diamonds into digital tokens on blockchain, allowing secure, transparent, and tradable ownership.
How does tokenizing diamonds benefit investors?
It increases transparency, reduces costs, and improves liquidity by making diamonds easily tradable digital assets with clear provenance and ownership records.
Is tokenized diamond trading regulated in Dubai?
Yes, all trading of tokenized diamonds will require approval from Dubai’s Virtual Assets Regulatory Authority (VARA), ensuring compliance and investor protection.
As the Epstein files continue to be released, new claims are surfacing almost every day, raising serious concerns. One recent claim circulating on X and within crypto circles alleges that Israel secretly gained control of the Bitcoin network more than a decade ago.
The claim also tries to connect the newly discussed Epstein files with Bitcoin core developers, Blockstream, and Tether.
So Coinpedia stepped in to fact-check whether the claim is real or just another false allegation.
Who Made This Claim?
The claim was made by SwanDesk CEO Jacob King, who cited an alleged Epstein file document. He says the document shows a conversation between Jeffrey Epstein and Joichi Ito, a Japanese entrepreneur, suggesting that some Bitcoin core developers received hidden gifts.
King also claimed that Israel paid the salaries of about 60% of Bitcoin developers. He further alleged that Epstein and Israel were major investors in Blockstream, and that Blockstream and Tether could influence Bitcoin’s price and code.
But is all this claim true? Let’s break it down.
Coinpedia’s Key Findings: What’s Actually True?
No Evidence Israel Controlled Bitcoin Developers
The recent release of millions of documents by the U.S. Department of Justice (DOJ) under the Epstein Files Transparency Act has found no substantiated evidence that Israel hijacked control of the Bitcoin network
Also, the claim that Israel paid 60% of Bitcoin core developers is unsupported. Meanwhile, no document proves Israeli state payrolls or centralized hiring.
Epstein Had a Minor, Indirect Blockstream Investment
MIT Digital Currency Initiative (DCI) records show that Jeffrey Epstein donated around $850,000 to MIT between 2002 and 2017. Perhaps, this does not amount to control or major ownership.
In 2015, part of this money was reportedly used by MIT’s Digital Currency Initiative to pay salaries of Bitcoin Core developers like Gavin Andresen and Wladimir van der Laan. This support came after the Bitcoin Foundation shut down, and funding for developers became uncertain.
Why is Israel being linked to the Bitcoin Foundation and MIT Media Lab?
The main Israel link comes through former Prime Minister Ehud Barak. Records show Barak stayed at Jeffrey Epstein’s New York home several times between 2013 and 2017, the same period when claims of Israeli control over Bitcoin.
Epstein also reportedly acted as a backchannel for Israeli interests, helping arrange security deals in several countries.
In 2015, Epstein donated $850,000 to the MIT Media Lab. Prominent Israeli figures, such as designer Neri Oxman, were senior researchers at the Media Lab during the period it was accepting Epstein’s funds.
Epstein was also connected to Bitcoin infrastructure as well. In 2014, he joined an $18 million funding round for Blockstream, a company that employs important Bitcoin developers.
However, Blockstream CEO Adam Back later clarified that Epstein’s stake was quickly sold and the company has no financial ties to him today.
In 2014, during Blockstream’s seed-round investor roadshow, the company was introduced to then MIT Media Lab director Joi Ito. Subsequently Blockstream met with Jeffrey Epstein, who was described at the time as a limited partner in Ito’s fund. That fund later invested a minority…
Claims that Bitcoin’s price can be manipulated using “unbacked Tether” are separate allegations. These claims do not prove that anyone controls the Bitcoin network, controls Bitcoin developers, or that any government is manipulating Bitcoin.
Summary Table: Coinpedia’s Evidence Against the Theory
Claim Made by Theory
Coinpedia’s Counter-Evidence
Does Israel Hijack Control of the Bitcoin Network?
U.S. Department of Justice (DOJ) said their were no substantiated evidence to support this claim
Did Epstein funded Bitcoin takeover?
Minor, but that was also through indirect investment of only $50,000 and $500,000
Were 60% of devs paid by Israel
No Document to support these claims.
Conclusion
Claim
Do the Epstein Files Reveal Israel Hijacked Control of the Bitcoin Network?
Verdict
False
Fact-Check by Coinpedia
As per Coinpedia research and a review of official sources, there is no credible evidence that Israel controls Bitcoin, pays core developers, or manipulates the network through Blockstream or Tether. Until then, this claim remains unverified and speculative.
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The live price of the Zilliqa crypto token is $ 0.00680531.
ZIL price could claim its potential high of $0.0350 in 2026.
By 2030, Zilliqa could revisit the $0.18 range if its sharding-based infrastructure regains relevance in Web3.
Zilliqa is one of the first blockchains to use sharding as a built-in solution to handle more transactions at the same time. By processing transactions in parallel, it aimed to reduce network congestion long before scalability became a major topic in crypto.
However, despite being an early innovator, Zilliqa lost attention as newer Layer-1 blockchains entered the market with bigger ecosystems and stronger funding.
Recently, interest in Zilliqa returned after the Cancun hard fork went live. Following this upgrade, the ZIL token surged nearly 70%, now trading around $0.00670.
So, let’s dive into Coinpedia’s Zilliqa (ZIL) price predictions for 2026, 2027, and 2030.
Zilliqa (ZIL) is now working on a major upgrade called Zilliqa 2.0, which will bring big changes to the network. As part of this update, the blockchain is moving from the older Proof-of-Work system to a faster and more efficient Proof-of-Stake model.
An important technical upgrade is set for February 5, 2026, aimed at improving network speed, scalability, and performance.
The update will also add Cancun-compatible Ethereum Virtual Machine (EVM) features to make Zilliqa more developer-friendly and better connected with the wider crypto ecosystem.
Ahead of the major upgrade, the ZIL token has already seen a strong price pump and is now trading around $0.0066.
Coinpedia experts believe this momentum could continue, with the token potentially rising to around $0.0130 by the end of February.
Technical Analysis
Looking at the ZIL/USDT 1-day price chart, ZIL was moving inside a clear downward channel for many weeks, showing strong bearish control. Price kept forming lower highs and lower lows.
Recently, ZIL broke above the upper trendline of this channel with a sharp bullish candle and high volume, which signals a potential trend reversal.
However, the immediate resistance is near $0.007, a breakout above this level could push the price toward $0.010, and if momentum stays strong, ZIL may reach up to $0.013.
Meanwhile, the RSI has also jumped above neutral levels, confirming rising momentum.
Month
Potential Low ($)
Potential Average ($)
Potential High ($)
ZIL Crypto Price Prediction February 2026
$0.0042
$0.0077
$0.0130
Zilliqa Price Prediction 2026
The year 2026 will test whether Zilliqa can convert technical upgrades into ecosystem growth. Beyond the Cancun hard fork, Zilliqa’s plan focuses on performance optimization, developer tooling, and real-world use cases.
Zilliqa has continued to position itself in gaming, payments, and enterprise blockchain solutions, areas where low fees and high throughput matter. If the network attracts new projects or revives existing dApps post-upgrade, demand for ZIL staking and transactions could rise.
However, competition from newer high-performance chains remains intense. To keep growing, the network will need to stand out and offer clear advantages over its rivals.
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
Zilliqa Price Prediction 2026
$0.0026
$0.0155
$0.0350
Zilliqa (ZIL) Price Prediction 2026 – 2030
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2026
$0.0026
$0.0155
$0.0350
2027
$0.0671
$0.0280
$0.0600
202
$0.0107
$0.0514
$0.0953
2029
$0.0336
$0.0750
$0.1301
2030
$0.0550
$0.115
$0.180
Zilliqa (ZIL) Price Prediction 2026
In 2026, ZIL may stabilize after the Cancun-driven rally. A push toward $0.035 is possible if network usage grows meaningfully.
Zilliqa Price Prediction 2027
By 2027, broader adoption of scalable Layer 1s could support ZIL near $0.06, assuming Zilliqa maintains developer engagement.
Zilliqa Price Forecast 2028
In 2028, if Zilliqa secures long-term partnerships in gaming or payments, prices could approach $0.095.
Zilliqa Coin Price Prediction 2029
As Web3 infrastructure matures, Zilliqa’s early sharding advantage may regain attention, lifting ZIL toward $0.13.
Zilliqa Price Prediction 2030
By 2030, Zilliqa’s valuation will depend on sustained relevance. Under favorable conditions, ZIL could test $0.18.
What Does The Market Say?
Year
2026
2027
2030
Coincodex
$0.005158
$0.0049
$0.0022
Changelly
$0.00743966
$0.01033266
$0.00523643
DigitalCoinprice
$0.00826
$0.0108
$0.0181
CoinPedia’s Zilliqa Price Prediction
From a CoinPedia perspective, Zilliqa represents an early scalability pioneer attempting to regain relevance in a crowded Layer 1 market. The Cancun hard fork has improved sentiment, but sustained growth depends on real usage.
CoinPedia expects ZIL to see a gradual recovery in 2026, with a potential high near $0.035 if post-upgrade adoption improves.
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2026
$0.0026
$0.0155
$0.0350
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FAQs
What is the price prediction for Zilliqa (ZIL) in 2026?
Zilliqa’s 2026 price is projected to range between $0.0026 and $0.035, with upside depending on post-upgrade adoption and network activity.
What is the Zilliqa price prediction for 2028?
In 2028, Zilliqa may trade between $0.010 and $0.095 if gaming, payments, and enterprise use cases gain traction.
What is the Zilliqa coin price prediction for 2030?
ZIL’s 2030 forecast ranges from $0.055 to $0.18, depending on long-term relevance, adoption, and broader crypto market growth.
What is the Zilliqa (ZIL) price prediction for 2040?
By 2040, Zilliqa’s price will depend on sustained relevance; optimistic scenarios suggest higher valuations if adoption continues.
What role does Zilliqa 2.0 play in ZIL’s future price?
Zilliqa 2.0 shifts the network to Proof-of-Stake, improving speed and efficiency, which could support long-term value if adoption rises.
Is Zilliqa (ZIL) a good investment?
Zilliqa may appeal to long-term investors if upgrades translate into real usage, but it carries risk due to strong Layer-1 competition.
After dropping from last week’s high of $90,562 bitcoin price is now facing one of its toughest market phases in recent years. Alex Thorn, Head of Research at Galaxy Digital, the world’s largest cryptocurrency, may fall much lower in the coming weeks.
According to Alex Thorn, Bitcoin’s recent performance shows clear weakness following a big sell-off in late January. The price fell nearly 15% in one week and dropped to around $74,551, close to its April 2025 low.
This sudden crash also triggered more than $2 billion in long-position liquidations, one of the largest in Bitcoin history.
Another major concern Thorn highlighted is that Bitcoin has fallen below the average buying price of U.S. Bitcoin ETFs, which is around $84,000. ETF investors are usually long-term holders, so this drop is a negative sign.
In the last two weeks, Bitcoin ETFs saw outflows of about $2.8 billion, showing weaker confidence from big investors.
What is more concerning is that Bitcoin has failed to rise along with traditional safe-haven assets like gold and silver, which hit new ATHs. This has weakened Bitcoin’s image as a hedge against currency devaluation.
Nearly Half of Bitcoin Supply Now in Loss
Right now, Bitcoin is trading near $78,392, which is almost 38% below its all-time high of $126,296. Because of this drop, on-chain data shows that around 46% of the total Bitcoin supply is now in loss. This means nearly half of all BTC was last bought at prices higher than today.
In past bear markets like 2015, 2018, and 2022, major Bitcoin bottoms have often formed when the number of holders in profit and loss was nearly equal.
Right now, it’s moving toward that point, suggesting the market could be nearing a bottom.
Further into the analysis, Alex Thorn noted that Bitcoin has already lost an important technical level, the 50-week moving average. In past market cycles, whenever BTC breaks below this level, the price often falls toward the 200-week moving average.
Currently, the 200-week moving average is near sept 2024 low of $58,000, while Bitcoin’s realized price stands around $56,000. These levels have historically acted as strong long-term support zones, and Thorn believes BTC could test these ranges in the coming weeks or months.
And one of the biggest reasons for this to happen is the supply gap between $70,000 and $80,000, where fewer coins were bought, making support weak.
If demand doesn’t pick up, Bitcoin could first dip toward $70,000 and then possibly reach $58,000–$56,000, which are strong long-term support levels.
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FAQs
How low could Bitcoin price go in 2026?
Bitcoin may drop toward $56,000–$58,000 if current weakness continues, testing long-term support levels before a potential rebound.
When might Bitcoin start a bullish trend again?
A bullish trend could start once the market balances holders in profit and loss and demand returns near long-term support levels.
What does it mean that nearly half of Bitcoin supply is in loss?
It indicates about 46% of BTC was bought higher than current prices, signaling potential for reduced selling pressure and market stabilization.
How does Bitcoin compare to gold and silver now?
Bitcoin has lagged behind gold and silver gains, weakening its image as a hedge against currency devaluation.
Could Bitcoin become a safe-haven asset again?
Yes, if it stabilizes near long-term support and regains correlation with inflation hedges like gold, investor confidence may return.
The crypto market is once again under pressure today, falling about 2%, pulling back to a total value of $2.61 trillion. Interestingly, 87 out of the top 100 cryptocurrencies are currently trading in the red.
Bitcoin, the leading cryptocurrency, has dropped to its lowest level since April last year and is now trading around $77,324. Other major coins, including Ethereum, XRP, Solana, and DOGE, have also seen sharp declines today.
So, what is driving the crypto market lower today?
Kevin Warsh as New Fed Chair
One of the main reasons behind today’s drop is renewed fear around interest rates. Market sentiment turned negative after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair.
Warsh is known for supporting tighter monetary policy, which has raised concerns that interest rates could stay higher for longer. Meaning investors usually move money away from risky assets like Bitcoin.
Adding to the uncertainty, investors are also concerned about the ongoing partial U.S. government shutdown. House Speaker Mike Johnson said the House is working to end the shutdown by today.
Such political uncertainty often pushes investors away from risky assets, which puts more pressure on crypto prices.
Bitcoin and Ethereum ETF Outflows Continue To Hurt
Another major factor dragging the market lower is continued outflows from crypto exchange-traded funds. Last week alone, Bitcoin ETFs saw nearly $1.5 billion in outflows, signaling that large institutions are reducing exposure. Major players like BlackRock, Fidelity, and Bitwise led the withdrawals.
Ethereum ETFs also faced pressure, recording close to $460 million in outflows over the same period. These exits have added selling pressure to the spot market.
Liquidation Add Fear In the market
The sell-off was made worse by heavy liquidations. More than $800 million worth of leveraged crypto positions were wiped out in the last 24 hours, mostly from long trades using high leverage.
The largest single liquidation occurred on Hyperliquid, with a BTC-USD position worth $15.46 million.
As liquidations surged, fear increased. The Crypto Fear and Greed Index has now dropped to 15, signaling extreme fear.
How Low Could Bitcoin Price Go?
After the recent sharp fall, veteran trader Peter Brandt has lowered his Bitcoin price target from $58K to $54K. Bitcoin is now hovering near key support around $74,500, and if this level breaks, the next major drop could take BTC down to about $66,530.
Another crypto trader, Captain Faibik, warned that Bitcoin has lost a very important long-term support level, the weekly EMA100, for the first time in more than 840 days. This is seen as a negative signal on bigger timeframes.
For now, traders are closely watching the $68,000 to $70,000 range.
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FAQs
Why is the crypto market falling today?
The crypto market is down due to interest rate fears, U.S. political uncertainty, ETF outflows, and heavy leveraged position liquidations.
How low could Bitcoin price go next?
Bitcoin may drop to $68K–$70K if key support breaks, with potential further declines to $66,530 according to traders tracking major technical levels.
What does extreme fear mean in crypto markets?
Extreme fear, shown by a low Fear & Greed Index, signals panic selling and heightened market uncertainty, often leading to volatile price movements.
When will the crypto market recover from this downtrend?
Recovery depends on interest rate clarity, political stability, and investor confidence, but short-term rebounds are possible if selling pressure eases.
The crypto market has seen a sharp sell-off, with total market value falling to $2.52 trillion, down by 6% in the last 24 hours. Bitcoin, the pioneer cryptocurrency, dropped heavily from $89,200 to a low of $74,561.
Other major coins like ETH, XRP, SOL, BNB, and ADA also faced strong losses of around 8% to 15%.
Now the big question remains: Will the crypto market recover this week, or will prices fall even further?
Why Bitcoin and Crypto Prices Fell
Today, Bitcoin price slipped about 2.2%, falling to nearly $76,600, a level last seen in November 2024
The biggest reason behind the market drop is growing uncertainty around global interest rates. Market sentiment turned negative after President Donald Trump nominated Kevin Warsh as a possible Federal Reserve chair, which raised fears that interest rates could stay higher for longer.
Key U.S. Economic Data To Impact the Crypto Market
Several major U.S. economic events this week could influence crypto prices. On February 5, the latest Initial Jobless Claims data will be released. Analysts expect claims to rise slightly to 212,000 from last week’s figure of 209,000.
If the number comes higher than expected, it may signal weakness in the U.S. job market. This could increase hopes that the Federal Reserve might slow down rate hikes, which is usually positive for Bitcoin and crypto prices.
Further, on February 6, the U.S. unemployment rate and the monthly employment report will be announced. The unemployment rate is forecasted to rise to 4.5%, compared to 4.4% in December 2025.
If economic data shows continued weakness, markets may price in future rate cuts, which could help crypto recover.
Following this major event, Crypto trader Captain Faibik highlights that Bitcoin is losing a key long-term support level, the weekly EMA100, for the first time in over 840 days. This is seen as a warning sign on higher timeframes.
$BTC bulls are losing the weekly EMA100 Support after 840 days.. Not a healthy sign on the higher timeframe.
Although the loss remains only on paper, the drop in BTC value has also dragged down Strategy’s stock price, raising concerns among investors about whether Strategy will liquidate Bitcoin to reduce further losses
Bitcoin Drop Pushes Strategy Into $900 Million in Paper Loss
As of now, Strategy holds a massive 712,647 BTC, valued at around $54.36 billion. However, these coins were bought over time at an average price of about $76,040 per Bitcoin.
Lookonchain, an on-chain analytics platform, highlighted that Strategy’s Bitcoin holdings briefly showed an unrealized loss of over $900 million when BTC dipped below $75K.
This means short-term price drops do not automatically create financial pressure on the company. As a result, there is no immediate risk of liquidation, even during sharp market swings.
Strategy Stock Remains Under Pressure
However, Bitcoin’s price still matters greatly for Strategy. The company’s stock is closely linked to BTC movements because Strategy continues to fund its Bitcoin strategy through equity sales.
A filing with the U.S. Securities and Exchange Commission earlier this year confirmed that Strategy relies on at-the-market share sales and other securities to raise capital for further Bitcoin purchases.
While Bitcoin has stabilized, Strategy’s stock continues to struggle. Shares are down about 56% over the past year and recently traded near $149.7. As history shows, when Bitcoin rises, Strategy’s stock often moves faster, but when Bitcoin falls, losses can deepen just as quickly.
Michael Saylor Signals More Bitcoin Buying
Despite recent market weakness, Strategy shows no signs of changing direction. In a recent tweet post, Michael Saylor hinted at more Bitcoin purchases through a short social media post referencing “oranges,” a signal he has used many times before.
In the past, similar posts have often been followed by official Bitcoin purchase announcements early the following week, suggesting another buy could be coming.
After dipping below $75K, Bitcoin has rebounded and is now trading near $76,443. This recovery has pushed Strategy back into a small unrealized profit of around 0.40% on its total Bitcoin holdings.
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FAQs
How many Bitcoins does Strategy currently hold?
Strategy owns 712,647 BTC, valued at $54.36B, with an average purchase price of $76,040 per coin.
Will Strategy sell Bitcoin after the price drop?
No. Short-term BTC dips don’t force sales, and Strategy is sticking to its long-term Bitcoin accumulation plan.
How does Strategy fund its Bitcoin purchases?
Strategy raises money through equity sales and at-the-market offerings to keep buying Bitcoin over time.
How has Strategy’s stock performed alongside Bitcoin?
Shares fell 56% over the past year, reflecting Bitcoin’s swings, showing a strong correlation between BTC and stock price.
Tron Founder Justin Sun has again found himself in fresh allegations after a woman named Ten Ten, who claims to be his ex-girlfriend, shared a series of posts on X accusing him of manipulating the price of TRX.
The claims have drawn attention across the crypto community, and calls for stricter action from law enforcement agencies.
Justin Sun Accused of TRX Market Manipulation
In a recent tweet post on X, Ten Ten said she is not making baseless accusations and claims to hold extensive evidence.
She alleged that Justin Sun used the identities of several employees in Beijing to operate multiple Binance accounts in late 2017 and early 2018. According to her, these accounts were used to carry out coordinated buying and selling of TRX in order to push prices higher.
She alleged that these actions were meant to artificially increase TRX’s market capitalization. Once prices rose, she claimed large-scale sell-offs followed, allowing insiders to profit while retail investors faced losses.
I am not making empty accusations. I have a substantial amount of evidence, and what has been disclosed so far is only a very small portion of it.
Justin Sun used the identities of multiple employees based in Beijing to operate accounts on the Binance exchange, through which he… https://t.co/cq5fEzb9H9
Ten Ten also alleged that Justin Sun used media exposure and public hype to build excitement around TRX. She claimed this created an image of innovation and success, while the real activity involved insider trading and coordinated trades behind the scenes.
According to her, insider trading and coordinated trades were taking place, and these actions played a key role in growing Justin Sun’s wealth.
She also shared the names of twelve people from mainland China, alleging they worked under Justin Sun and took part in these activities. The names included Liu Tingting, Zhao Ling, Wei Shuai, Du Xuewen, Zhang Xin, Huang Kaijie, Han Min, Liu Jintong, Quan Yueyuan, Jiang Nijun, Liu Siqin, and Zhao Jitong.
Why Ten Ten Was Silent For These Years
Ten Ten said she was in a personal relationship with Justin Sun during Tron’s early days, which she claims gave her direct knowledge of these events.
She added that she stayed silent for years out of fear, saying money, influence, and power kept her from speaking earlier, but that fear is now gone.
She then followed up with a joke that, “I also have an ‘Epstein files’ of the crypto world.”
Willingness to Cooperate With U.S. Authorities
Lastly, Ten Ten said she is prepared to cooperate fully with an investigation by the U.S. Securities and Exchange Commission. She claimed to hold WeChat chat records, emails, exchange activity logs, phone data, and employee-provided evidence to support her allegations.
She also publicly requested U.S. authorities to contact her.
As of now, Justin Sun has not publicly responded, and no official action from regulators has been announced.
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FAQs
Could Justin Sun face legal consequences for alleged TRX manipulation?
If authorities verify the claims, he could face fines, sanctions, or SEC enforcement actions for market abuse.
How do insider trading allegations affect a crypto project?
Insider trading can harm investor trust, reduce market liquidity, and trigger regulatory investigations.
How can investors protect themselves from crypto manipulation?
Diversify holdings, research projects carefully, avoid hype-driven trades, and monitor market activity for red flags.
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