Market
“Bitcoin Jesus” Roger Ver Seeks Trump’s Help to Block Extradition
Roger Ver, a leading crypto advocate and early Bitcoin investor, is facing serious legal challenges as he pleads with former President Donald Trump to intervene in his case.
He is most popularly known as ‘Bitcoin Jesus’ among his followers on social media platform X.
Roger Ver Faces Life Sentence, Calls Trump His “Last Hope”
In a video shared on X on January 26, Roger Ver has reached out to Trump to stop his extradition from Spain to the US.
“Mr. President, I am an American, and I need your help. Only you, with your commitment to justice, can save me,” Ver wrote on X.
Ver is accused of evading $48 million in taxes by hiding $240 million from the sale of Bitcoin in 2017. However, Ver claims that the US government is not targeting him for tax evasion but instead for his promotion of Bitcoin.
“By later tonight in Spain, I could very well be in a Spanish prison on my way back to the United States to face life in prison up to 109 years. Not because I have done anything wrong, but because of my activism within cryptocurrency,” Ver said in the video.
Ver, who renounced his US citizenship years ago, argues that the charges against him are politically motivated. They relate to his public advocacy for Bitcoin, which challenges traditional financial systems. Ver calls Trump his “last hope,” expecting that the president will intervene and stop his extradition to the US.
The situation gained further attention when Elon Musk initially explored the possibility of a pardon for Ver. Musk’s interest in a potential pardon came amid the public campaign for Ver’s clemency. This was following the successful pardon of Ross Ulbricht, the founder of the Silk Road marketplace.
Musk had stated that he would inquire about the pardon, raising hopes for Ver’s supporters.
However, Musk recently reversed his stance. When an X user asked Musk when Roger Ver would receive a pardon, Musk responded bluntly, “Roger Ver gave up his US citizenship. No pardon for Ver. Membership has its privileges.” This comment suggests that Ver’s decision to renounce his citizenship could impact his chances of receiving any pardon or support.
“I gave up my citizenship because I knew some US government agencies would keep targeting me for my political views and past activism,” Ver explained in the video.
Separately, the odds of Trump granting clemency to ver during the first 100 days have dropped to 12% on the prediction platform Polymarket.
Nevertheless, several Twitter users have come in support of Ver following Musk’s comment.
“It’s important to recognize Roger didn’t *want* to renounce his citizenship, but he feared further political persecution and further imprisonment (he had already been jailed unjustly once). It’s unfair to hold that against him now, when he was just trying to protect himself,” a Ver supporter wrote on Twitter.
In December, Ver urged a US court to dismiss tax evasion charges filed against him. Ver was arrested in February while attending a crypto conference in Barcelona.
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Market
XRP Price Bulls Stay In Control: Uptrend Poised to Continue
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Market
Hidden Altcoins Gems For February
Altcoins with strong fundamentals and growing ecosystems could see a rebound in February. Jupiter (JUP) has strengthened its position in the Solana ecosystem with key acquisitions, pushing its TVL past Raydium.
Aerodrome Finance (AERO), the dominant DEX on Base, is trading near key psychological levels after a sharp decline, making it one of the most interesting altcoins to watch. Meanwhile, Grass (GRASS) has struggled with the broader AI token correction but could recover if AI-related hype returns next month.
Jupiter (JUP)
Jupiter (JUP) is expanding its presence in the Solana ecosystem through key acquisitions. It recently acquired Moonshot, a coins launchpad, and SonarWatch, a portfolio tracker. With these moves, JUP has surpassed Raydium in Total Value Locked (TVL), reaching $2.87 billion.
Despite a 7% drop in the last 24 hours, JUP remains up 29% over the past week. As one of Solana’s most used platforms, its growing ecosystem could drive further gains. Increased adoption and integrations may continue boosting its relevance.
If momentum continues, JUP could test $1.22 and $1.27 soon. However, if the trend reverses, it may fall to $0.98, with further downside to $0.83 or even $0.76.
Aerodrome Finance (AERO)
AERO is the leading application on the Base chain, with $1 billion in TVL and $1.16 million in daily fees. As the most used DEX on Base, it holds a dominant position despite being 56% down from its all-time high on December 7, 2024, making it one of the most interesting altcoins for February.
Over the past month, AERO has dropped nearly 31%, now trading around $1 with a market cap of $765 million. The recent decline has pushed it closer to key psychological levels, making the next moves crucial.
If AERO regains strong momentum, it could see a major rally in February. Key targets include $1.4 and $1.6, with a potential move above $2 for the first time since mid-December.
Grass (GRASS)
GRASS has been hit hard by the recent correction in artificial intelligence cryptos, with its price dropping over 27% in the past 30 days. It is now trading at its lowest levels since November 5, 2024, just days after its airdrop.
The token attempted to break above $4 on three separate occasions in 2024 but failed each time. Since January 6, 2025, it has remained below $3, indicating a clear downtrend.
If AI-related altcoins regain momentum in February, GRASS price could benefit from the renewed interest. A rebound toward the $2 range is possible, and if the uptrend strengthens, the token could revisit the $3 level as well.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Bitcoin Price Displays Bullish Signs: A Recovery In The Making?
Bitcoin price started a fresh upward move above $102,000. BTC is rising and might gain pace for a move above the $105,000 resistance zone.
- Bitcoin started a decent upward move above the $102,000 zone.
- The price is trading above $103,500 and the 100 hourly Simple moving average.
- There was a break above a key bearish trend line with resistance at $102,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could start another decline if it stays below the $105,000 zone.
Bitcoin Price Breaks Resistance
Bitcoin price started a decent increase above the $100,000 resistance zone. BTC was able to surpass the $102,000 and $102,200 resistance levels to move into a positive zone.
There was a break above a key bearish trend line with resistance at $102,400 on the hourly chart of the BTC/USD pair. The pair climbed above the 61.8% Fib retracement level of the downward wave from the $107,080 swing high to the $97,688 low. It even cleared the $103,500 resistance zone.
The pair settled in a positive zone and now faces hurdles near the $105,000 zone. Bitcoin price is now trading above $103,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $104,800 level or the 76.4% Fib retracement level of the downward wave from the $107,080 swing high to the $97,688 low.
The first key resistance is near the $105,000 level. The next key resistance could be $105,500. A close above the $105,500 resistance might send the price further higher. In the stated case, the price could rise and test the $107,000 resistance level. Any more gains might send the price toward the $108,800 level in the short term.
Another Decline In BTC?
If Bitcoin fails to rise above the $105,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $103,200 level. The first major support is near the $102,000 level.
The next support is now near the $101,200 zone. Any more losses might send the price toward the $100,000 support in the near term.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $103,200, followed by $102,000.
Major Resistance Levels – $105,000 and $107,000.
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