Laughing – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 15 Jun 2025 12:53:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Laughing – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Bitcoin Kidnapping Case Duo Say Victim Was Laughing, Not Locked Up https://earlybirdsinvest.com/bitcoin-kidnapping-case-duo-say-victim-was-laughing-not-locked-up/ https://earlybirdsinvest.com/bitcoin-kidnapping-case-duo-say-victim-was-laughing-not-locked-up/#respond Sun, 15 Jun 2025 12:53:41 +0000 https://earlybirdsinvest.com/bitcoin-kidnapping-case-duo-say-victim-was-laughing-not-locked-up/

William Duplessie and John Woeltz, charged in New York for allegedly kidnapping a man to steal his Bitcoin
BTC


$104,975.31

, have pleaded not guilty.

According to a report by Associated Press on June 12, their lawyers told the court that the alleged victim was not being held against his will and was seen smiling, laughing, and using drugs during the time he claimed to be in danger.

Duplessie and Woeltz appeared in a New York courtroom on June 11. Their legal teams said video clips showed the victim walking around New York and looking relaxed. They argued that it did not match the claim that he was being held captive and tortured.

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Prosecutors pushed back on the defense’s claims. Assistant District Attorney Sarah Khan stated that the videos were shared in an attempt to create a false version of what happened. She said the goal was to make it seem like the man was free to leave, even though the full situation was different.

Authorities said they found photos of the victim with a gun to his head and another showing him being set on fire. They also recovered weapons, including a chainsaw and a loaded pistol, from the scene. They also stated that there may be two more individuals who were held by the same suspects in other locations.

Both Duplessie and Woeltz are facing serious charges, including first-degree kidnapping and assault. If found guilty, they could face a life sentence in prison. The judge denied their requests for bail, which means they will stay in custody until their next court date on July 15.

Meanwhile, on June 9, the US Attorney’s Office for the Central District of California announced guilty pleas from five men. What case were they involved in? Read the full story.

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]]> https://earlybirdsinvest.com/bitcoin-kidnapping-case-duo-say-victim-was-laughing-not-locked-up/feed/ 0 42155 XRP Will Explode—And This Korean Expert Says He’ll Be ‘Laughing’ At Critics https://earlybirdsinvest.com/xrp-will-explode-and-this-korean-expert-says-hell-be-laughing-at-critics/ https://earlybirdsinvest.com/xrp-will-explode-and-this-korean-expert-says-hell-be-laughing-at-critics/#respond Sun, 06 Apr 2025 13:00:15 +0000 https://earlybirdsinvest.com/xrp-will-explode-and-this-korean-expert-says-hell-be-laughing-at-critics/

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A Korean financial analyst who uses the name XForceGlobal has made bold claims about XRP’s future price, stating the cryptocurrency could reach between $10 and $20 in the coming months.

The confident prediction comes even as XRP currently trades at $2.07 and the broader cryptocurrency market struggles through a prolonged downtrend.

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XRP Shows Unusual Strength Amid Crypto Slump

While XRP has dropped more than 5% over the past few weeks, this decline is significantly less severe than what other major cryptocurrencies have experienced.

According to the report, top cryptocurrencies like Ethereum have fallen by over 40% in the last three months. Similar sharp drops have hit other popular coins such as Solana and Dogecoin.

XRPUSD trading at $2.07 on the daily chart: TradingView.com

XForceGlobal, who describes himself as a Certified Elliott Wave Analyst, pointed out that XRP has maintained its position above recent lows while competing cryptocurrencies have plummeted between 45% and 65% from their peaks. This relative stability forms the foundation of his optimistic outlook.

Elliott Wave Analysis Points To Massive Gains

The analyst’s forecast is based greatly on Elliott Wave theory, a technical analysis technique which tries to predict market action by finding repeating wave patterns. On the basis of his recognition of a 5-wave pattern, XForceGlobal has consistently predicted that XRP will hit $20 to $40 this year or next.

Trillion-Dollar Valuation Projections Questioned By Critics

Many market observers remain skeptical of such ambitious price targets. For XRP to reach $10, it would need to surge over 370% from its current price. A move to $20 would require an even more dramatic 850% increase.

At such prices, XRP’s market capitalization would be around $1 trillion at the $10 level and $2 trillion at $20. Such valuations would be a first for an alternative currency and are the reasons why many analysts believe such forecasts are unrealistic, at least in the short term.

Source: CoinGlass

CoinGlass: Trading Interest Grows Despite Market Uncertainty

In spite of the continued argument regarding the future of XRP, statistics by CoinGlass indicate increasing interest in the cryptocurrency.

Open interest on XRP trades has risen to $3.60 billion over the past few days, reports indicate. This increase indicates that traders are opening positions in the asset irrespective of the direction of the market.

When asked for the timeline of his price forecast, XForceGlobal was not as definite, indicating that it may take a while before XRP gets to the forecasted $10-20 mark.

Related Reading

Nevertheless, the analyst was confident enough with his technical analysis to assert he would “be laughing at everyone” who are skeptical about XRP’s ability to hit these price levels.

With XRP’s year-to-date gains dwindling to mere 0.80%, wiping out all gains since the beginning of 2025, the question is if XForceGlobal’s lofty predictions will materialize or become part of the long list of failed cryptocurrency price projections.

Featured image from Gemini Imagen, chart from TradingView

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