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.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
TRUMP Price Climbs 10% as Market Cap Nears $6 Billion
TRUMP’s price has risen 10% in the past 24 hours but remains 20% lower over the past week, maintaining its reputation as one of the most hyped meme coins ever. Its market cap currently sits at $5.9 billion, significantly down from its peak of nearly $15 billion on January 19.
Technical indicators, including RSI and CMF, point to stabilization, with momentum shifting toward neutral territory as buyer interest picks up. Key resistance and support levels will play a crucial role in determining if TRUMP can regain its upward momentum or face further declines.
TRUMP RSI Is Currently Neutral
TRUMP Relative Strength Index (RSI) has risen to 50, up from 40 just a day ago. That indicates a shift toward more neutral momentum after a period of bearish pressure.
The increase suggests a growing balance between buying and selling activity, potentially signaling stabilization in its price movement.
The RSI is a momentum indicator used to measure the speed and magnitude of price changes. It ranges from 0 to 100, with values below 30 indicating oversold conditions. Values above 70 signal overbought conditions, and around 50 reflect neutral momentum.
With TRUMP RSI currently at 50, the coin is neither overbought nor oversold. That suggests the potential for a directional move depending on whether buying or selling pressure dominates next.
TRUMP CMF Is Still Negative, But Rising Fast
TRUMP Chaikin Money Flow (CMF) has improved to -0.08, rising significantly from -0.37 just two days ago. This upward movement indicates a reduction in selling pressure and hints at increasing capital inflows, though overall outflows still slightly outweigh inflows.
The CMF is a technical indicator that measures the flow of capital in and out of an asset, using a volume-weighted average of accumulation and distribution. Positive values indicate capital inflows, while negative values suggest outflows.
With TRUMP CMF at -0.08, the improving trend suggests growing buyer interest. If the metric crosses into positive territory, this could help stabilize its price and potentially shift momentum toward the upside.
TRUMP Price Prediction: Can It Recover a Strong Uptrend?
TRUMP price faces a key fundamental resistance at $30.33, which, if broken, could pave the way for a test of $45.20. This would solidify TRUMP’s third-place position among the biggest meme coins in the market, behind SHIB and DOGE.
Should the token regain its strong momentum from last week, it might climb further to test $64.50 and potentially reach $71.80, signaling significant bullish opportunities.
However, if the downtrend resumes, TRUMP price could fall back to test the $15.43 support level. Losing this critical support could lead to further declines, putting additional bearish pressure on the token’s price and potentially signaling a deeper correction.
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
Fake DeepSeek Meme Coins Reach Huge Market Caps
A fake meme coin advertising itself as DeepSeek gained a market cap of over $12 million today before crashing. Since the Chinese AI protocol took the US tech sector by storm, several scam assets have used its branding to reap huge profits.
The crypto community is facing an epidemic of major scams preying on total novices to the space. Meme coin launchpads are only making the issue worse.
Scam DeepSeek Meme Coins Take Off
The arrival of DeepSeek, the Chinese AI program that disrupted the whole crypto market, has led to a truly bizarre situation. Its widespread publicity sparked declines in Nvidia and in AI-related cryptoassets, so scammers began exploiting the hype.
A few fake DeepSeek tokens have appeared on Pump.fun, and they’re already trending on decentralized exchanges. Users are still investing in these tokens, even though DeepSeek previously clarified that it had no connection with any digital asset.
“DeepSeek has not issued any cryptocurrency. Currently, there is only one official account on the Twitter platform. We will not contact anyone through other accounts. Please stay vigilant and guard against potential scams,” the firm claimed earlier in January.
Seek, the first fake DeepSeek token, launched yesterday. It managed to accumulate a $48 million market cap before slumping. This first rug pull was so successful that scammers released another.
A Solana-based meme coin traded under the “DeepSeek” name and reached a market cap of over $12 million. Most disturbingly, the fake token is trending number one on GeckoTerminal, in terms of daily transactions.
Since Donald Trump launched his own meme coin, a flurry of brazen scams and ripoffs has covered the space. Scammers stole over $857 million using the TRUMP token, and impersonators have paraded as US government agencies or world leaders.
In this context, these fake DeepSeek tokens fit right into the milieu. A survey claimed that 40% of investors in TRUMP are first-time crypto holders. Billions of dollars are flowing into the crypto industry, and total newcomers are plunging in headfirst.
Many of them are paying the price for their lack of knowledge and awareness. Simply put, it’s easier than ever to make a fake meme coin, and DeepSeek is currently the most viral topic on social media. So, scammers are fully utilizing this hype.
It’s not easy to say how the crypto community will work through this mess. Industry heavyweights like Ethereum founder Vitalik Buterin have warned against the scam-heavy culture, but there’s no easy solution to it.
For the time being, more scam DeepSeek tokens will likely enter the market until this viral hype fades down.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
3 best AI altcoins under $1 that could deliver huge returns in early 2025
If you’re trying to decide on the best AI altcoins under $1 then it’s worth taking a look at three that many analysts agree offer huge growth potential: RCO Finance (RCOF), The Graph (GRT), and Basic Attention Token (BAT).
Among these three, a growing number of crypto experts are increasingly favoring RCOF because of its lower entry price.
RCO Finance: The Future of DeFi with AI Trading and No-KYC Access
RCOF is one of the best AI altcoins that powers innovative AI-powered DeFi solutions in the RCO Finance ecosystem. The AI robo advisor of RCO Finance is a great tool that simplifies investing and trading by offering investment strategies.
It can also locate emerging market trends and alert you in real-time. It continuously analyzes live market data from sources like Reuters and Bloomberg and provides insights quickly.
For example, the crypto market has crumbled with the rise of DeepSeek AI and BTC has dropped below $100,000. Imagine getting this news before everyone and shorting BTC with 1000x leverage options offered in the RCO Finance platform.
You could have made a massive amount of money with just $100. In addition, the AI robo advisor can automatically adjust your portfolio in real-time without your intervention. RCO Finance is just in the presale stage and has already shipped its beta platform to the public.
Check out its beta version and analyze its capability yourself now. Moreover, RCO Finance takes privacy seriously and offers a KYC-free ecosystem. This has eased the onboarding process and guarantees the anonymity of users joining the platform.
GRT Signals Bullish Reversal Despite Recent Decline
On January 10, 2025, The Graph introduced Geo Genesis, a Web3 application designed to decentralize knowledge sharing. Geo Genesis allows users to manage, share, and govern knowledge through collaborative hubs called “Spaces.”
Built on the GRT network, it uses the GRC-20 data standard to enable unified knowledge graphs. Yet, GRT was trading around $0.16 in late January, with a decrease of over 20% in the past week.
Despite this, analysts say that GRT is showing a sign of bullish divergence in the RSI. They expect GRT to reverse the trend and move upward toward $0.30. This shows analysts’ belief in GRT, making it one of the best AI altcoins under $1.
EMA Re-Test Could Pave the Way to $0.30 for BAT
BAT is another of the best AI altcoins under $1, trading around $0.21 in late January. Analysts say that BAT has reached a significant resistance and is getting rejected at $0.25.
In the short term, this could slow down the upward momentum. However, re-testing crucial EMAs could be a vital area of focus. If BAT can break above $0.24, it could head toward $0.30 or higher.
Amid these, crypto experts predict that new crypto could outshine other best AI altcoins like BAT and GRT. It would be wise to add this new altcoin–RCOF for huge gains of up to 500x in early 2025.
RCOF Emerges as a Top Pick Among Best AI Altcoins with $12M Presale Success
RCOF token presale is attracting every investor who wants to buy the best AI altcoins and has raised nearly $12 million by late January. Currently, in Stage 5 of its public presale, RCOF has a great entry point of $0.10 among other AI altcoins under $1, like GRT and BAT.
In Stage 6, RCOF will be available at $0.13 per token, a 30% increase from the current stage. Investors are in FOMO mode, with many rushing to buy this AI altcoin because of its potential for huge returns in early 2025.
If RCOF gets listed on top-tier exchanges like Binance and Coinbase, some experts are convinced it will return over 500x profits. They also expect the adoption of the RCO Finance platform by institutional investors for investment.
In addition, the RCO Finance platform is secure, and its smart contracts are fully safe, as suggested by SolidProof.
For more information about the RCO Finance Presale:
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