Author: NBTC
Frog-themed meme coin Pepe (PEPE) has seen a 42% price surge in the last 24 hours, capturing the market’s attention. According to blockchain data tracker Whale Alert, a massive 7.14 trillion PEPE, worth nearly $78.8 million, was transferred between unknown wallets within minutes. Whale Alert reported in recent hours that “7,143,024,728,061 PEPE (78,827,992 USD) transferred from unknown wallet to unknown wallet.” 🚨 🚨 🚨 🚨 7,143,024,728,061 #PEPE (78,827,992 USD) transferred from unknown wallet to unknown wallethttps://t.co/ae34lLguqM — Whale Alert (@whale_alert) May 9, 2025 While the origin and destination of the PEPE tokens remain unknown, the transaction’s size has fueled speculation.…
Bitcoin hits the $100K mark and keeps rising as more people join the network and trade. Over 800,000 wallets are still active daily, showing strong interest and regular use. The pioneer cryptocurrency has surpassed Amazon and emerged as the 5th-largest asset. Bitcoin has officially reclaimed the $100,000 spot, marking a powerful comeback after months of market turbulence. The digital asset, which initially crossed $100K in December 2024, surged as high as $109,000 in January 2025, shortly after Donald Trump resumed the U.S. presidency. His market-friendly rhetoric and early policy signals briefly fueled optimism across the crypto space. With the ascent…
Abraxas Capital moved $75M+ in ETH from Binance, Kraken, and DeFi to its wallets in 11 hours. The firm also withdrew and redeployed tens of millions in USDT, AETH, and WETH across protocols. Activity suggests strategic asset rebalancing across centralized and decentralized platforms. Abraxas Capital Management, operating under the Heka Fund label, executed a series of major Ethereum (ETH) transactions within 11 hours, moving more than $75 million in ETH from centralized exchanges and DeFi platforms to its wallets. Blockchain data reveals that the firm withdrew 41,269 ETH from Binance and Kraken, alongside additional transfers involving Aave and Compound. The…
Zerebro co-founder Jeffy Yu was found alive in his parents’ home after evidently faking his suicide on a pump.fun livestream. As a result, his tribute meme coin LLJEFFY has fallen by 40%. According to a report by local news outlet The San Francisco Standard, Jeffy Yu was confirmed to be alive and living in his parents’ home, five days after the 23-year-old crypto mogul seemingly took his own life on a livestream. On-chain traders have speculated that Yu faked his own death as a way to depart from the crypto space. Especially after Yu’s obituary on the memorial platform, Legacy…
Europe is emerging as an ideal destination for traditional financial institutions looking to expand into the cryptocurrency market. Recent moves by Robinhood, Revolut, and the European Central Bank (ECB) highlight a strong convergence between traditional finance and blockchain technology, unlocking new opportunities and challenges. Europe Becomes the Go-To Market for Crypto Innovation Robinhood, a well-known US trading platform, is preparing to launch a blockchain-based US stock trading platform in Europe. This platform will enable European users to trade tokenized US securities, potentially built on blockchains like Arbitrum, Ethereum, or Solana, in collaboration with a digital asset firm. The move leverages…
Bitcoin surged over 3% in 24 hours, topping $104,000 (highest since Jan 31). Nearly $400 million in bearish BTC short positions were liquidated in 24 hours (highest since Nov). The significant short squeeze suggests potential for further upside as bearish pressure eases. Bitcoin experienced a powerful upward surge in the last 24 hours, decisively breaking above key psychological levels and catching many bearish traders off guard, leading to substantial liquidations of short positions. The rally was underpinned by positive macroeconomic news and continued strong institutional interest in the leading cryptocurrency. The price of Bitcoin (BTC) climbed over 3% within a…
The Virtuals Protocol (VIRTUAL) is the trending token on CoinGecko, after posting notable gains over the day and in the last month. However, heads turn amid concerns that whale control, weak fundamentals, and AI hype may be fueling a volatile rally. VIRTUAL Whale Holdings Raise Red Flags VIRTUAL, a fast-rising AI-themed token, has skyrocketed nearly 300% in May, gaining 46% in the past 24 hours alone. Trending on CoinGecko, data shows it was trading at $2.13 at the time of writing. VIRTUAL price performance. Source: CoinGecko Yet behind the meteoric price action lies a troubling concentration of power. According to…
South Korea’s leading crypto exchange Upbit has announced the listing of Pudgy Penguins (PENGU) on the KRW, BTC, and USDT exchanges, expanding investors’ access to one of the most recognizable NFT-themed meme tokens. Upbit Lists Pudgy Penguins (PENGU) for Trading on KRW, BTC and USDT Markets Its inclusion on this list is the latest sign of growing market support for meme coins with strong community support and brand awareness. According to Upbit’s announcement, PENGU deposits and trading will commence shortly, and certain precautions and temporary restrictions will be implemented to ensure a smooth market entry. Upbit reminds users to carefully…
Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting 929 exahash per second (EH/s), a horsepower figure that illustrates just how fiercely miners are competing to add the next block. Miners Power Up: Bitcoin Network Reaches Record 929 EH/s Bitcoin’s hashrate surged roughly 3 EH/s above the 926 EH/s peak logged Tuesday, April 8, 2025, highlighting a steady march higher rather than a single‐day jolt. On Friday, May 9, 2025, the tally briefly kissed 929 EH/s before settling near 924.78 EH/s at 10 a.m. Eastern, showcasing an almost-ceaseless hum…
Crypto developer activity has slowed down to levels not seen since 2018, despite the constant project launches. Activity, as measured by GitHub commits, is lower across the board, while Ethereum retains a 40% share of new code deliveries. Crypto projects are slowing down their open-source activity. Developer activity has returned to levels not seen since 2018, based on open-source repository commits. Open-source activity peaked in August 2023, at 176K weekly commits. The Ethereum ecosystem is responsible for around 40% of all additions, with 28.7K in weekly commits. At its peak, the Ethereum ecosystem produced 93.2K commits. Developer activity and the…