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Steve Muchoki
News

U.S. SEC Delays Decision-Making on More Crypto ETFs Led by XRP and Litecoin

The United States Securities and Exchange Commission (SEC) opted to delay the decision-making on several crypto spot ETFs on Thursday. The agency announced instituting proceedings to collect views from the public on whether to approve or disapprove the proposed rule change to list and trade several crypto spot ETFs on different exchanges. The delays by …

Steve Muchoki·23 May 20252 min

Price Analysis

Wordcoin (WLD) Price Forecast: Bullish Breakout Confirmed After a $135M Fundraise

Worldcoin (WLD) price dominated the top altcoin gainers in the past 24 hours after Bitcoin (BTC) price confirmed the onset of a crypto summer 2025. The mid-cap altcoin, with a fully diluted valuation of about $15.9 billion and a 24-hour average traded volume of around $1 billion, surged over 30 percent on Thursday to trade …

Steve Muchoki·23 May 20252 min

News

Strategy Announces Plan to Raise $2.1B to Strengthen Bitcoin Holdings: BTC Price Hits New ATH

Strategy (NASDAQ: STRK) announced on Thursday, May 22, plans to strengthen its Bitcoin (BTC) holdings amid the ongoing bullish sentiment. The company highlighted that it has entered into a sales agreement to sell 10 percent series A perpetual strife preferred stock for $0.001 per share. As a result, Strategy anticipates raising a total of $2.1 …

Steve Muchoki·23 May 20252 min

Price Analysis

BSC-based Memecoin BUILDon (B) Surges 150% After Support from World Liberty Financial (WLFI)

A recently launched memecoin on the BSC chain dubbed BUILDon (B) rallied over 150 percent in the last 24 hours to trade above $0.1 on Wednesday, during the late North American trading session. The small-cap memecoin, with a fully diluted valuation of about $102 million and a 24-hour average traded volume of about $60 million, …

Steve Muchoki·22 May 20251 min

News

SafeMoon CEO Braden Karony Convicted of Fraud; SFM Token Plummets

A New York jury convicted Braden John Karony, a former CEO of the SafeMoon (SFM) crypto project, on all crucial charges earlier on Wednesday, May 21. Karony was charged by the United States Department of Justice (DOJ) with conspiracy to commit securities fraud, wire fraud, and money laundering. The verdict was a result of a …

Steve Muchoki·22 May 20252 min

News

Texas Becomes 3rd U.S. States to Pass a Strategic Bitcoin Reserve Bill Out of the House and Senate

After the Texas Senate approved the Strategic Bitcoin Reserve (SB21) bill earlier in March 2025, the House passed it with a final vote of 101 to 42. Texas is now the third state in the country to pass an SBR bill in both the Senate and the House after New Hampshire and Arizona in the …

Steve Muchoki·22 May 20252 min

Price Analysis

Bitcoin Price Hits All-Time High at $109K, Surpasses Amazon and Google in Market Cap

Bitcoin (BTC) price rallied over 4 percent in the past 24 hours to surpass a previous psychological ceiling of about $109,353 and reach a record new all-time high of around $109,864 on Wednesday, May 11 during the mid North American trading session. Bitcoin’s market cap surpassed $2.17 trillion, thus overtaking Amazon and Google to become …

Steve Muchoki·21 May 20252 min

Price Analysis

Toncoin Price Analysis and Short Term Targets

The wider altcoin market, including Toncoin (TON), recorded a mild correction in the past 24 hours. After an impressive rally last week, the wider altcoin market experienced a significant cooling down of the bullish sentiment, hence resulting in $357 million forced liquidations of long traders. TON price dropped nearly 4 percent in the past 24 …

Steve Muchoki·16 May 20252 min

Price Analysis

Judge Analisa Torres Denies Ripple and SEC’s Motion for an Indicative Ruling: What Next for XRP?

Judge Analisa Torres of the Southern District of New York denied Ripple Labs and the United States Securities and Exchange Commission’s (SEC) motion for an indicative ruling. Both the SEC and Ripple had sought the court’s guidance on whether the July 2023 summary judgment ruling could be reconsidered. The parties wanted the court to consider …

Steve Muchoki·16 May 20252 min

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