Author: NBTC
A cryptocurrency trader, who previously made massive profits from $TRUMP and $MELANIA, experienced a dramatic loss after spending $1.82 million on $ENRON tokens, only to sell for $1.11 million, incurring a loss of $709K in just 30 minutes. The incident serves as a cautionary tale about the risks of trading recklessly and succumbing to the fear of missing out (FOMO) despite previous successes in the market. This guy made $10.1M on $TRUMP and $3.4M on $MELANIA.But today, he spent $1.82M on $ENRON, only to sell it for $1.11M—losing $709K in just 30 minutes!Profits don’t make you invincible. Don’t #FOMO, and…
Ethereum co-founder Vitalik Buterin has made a massive donation to Zuitzerland, a decentralized project inspired by his Zuzalu experiment. Onchain Lens, a blockchain surveillance platform, was the first to highlight the fund transfer, in which Vitalik Buterin sent 274 ETH (around $500,000) to Isla, a Web3 researcher contributing to the development of the Zuitzerland project. This donation was unsurprising given the Ethereum co-founder’s indirect ties to Zuitzerland. Although the project was developed by other founders, it takes inspiration from Vitalik Buterin’s Zuzalu experiment. How Does Zuitzerland Link to Buterin’s Zuzalu Experiment For those unfamiliar, Zuzalu was a temporary community experiment…
March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily yield of 1 petahash per second (PH/s)—diminished by 3.93% from its early March benchmark. Hashprice’s 3.93% Slide Meets 862 EH/s Frenzy Fresh data collected on April 1, 2025, via hashrateindex.com, illustrates a descent in hashprice from $48.84 per PH/s on March 1 to the current $46.92. This figure encapsulates the hypothetical daily return for 1 PH/s of mining production. Despite the month’s downward trajectory, the hashprice oscillated dramatically, climbing to a peak of $54.38 in early March before eroding to…
Bitcoin’s rise from $20K to $114K shows market confidence and strong recovery trends. USDT’s $140B surge highlights its critical role in supporting crypto liquidity. Stablecoins like USDT are vital during both market dips and bullish phases. The crypto market is nothing if not dynamic, and a chart shared by analyst RickUntz highlights an intriguing interplay between Bitcoin (BTC) and USDT dominance, showcasing data that encapsulates key market movements from 2022 to 2025. The visual juxtaposition of BTC’s price trajectory and USDT’s market activity reveals a relationship that hints at broader market sentiment and potential outcomes for crypto traders. pic.twitter.com/3ilAZ5bDDK —…
Pudgy Penguins ended its PENGU token claim on Solana on Wednesday, and burned (or effectively destroyed) all remaining unclaimed tokens—about 13.69% of the total supply, valued at more than $150 million at the time of burning. The team initially intended to allow claims until March 9, but later changed the date, giving users just five more days to claim their PENGU. The expedited claim was put in place because a majority of Pudgy Penguins NFT owners had already claimed, according to project leader Luca Netz. “Makes no sense to keep it open if the data says that the only people…
Ethereum (ETH) shows promising pump signals. ETH sees inflows of $105 million in under 24 hours. Ripple’s XRP shows promising signs for a bullish pump. As Bitcoin maintains its slow progress towards ATH price recover, analysts are keeping a watchful gaze on reputable altcoins and XRP and ETH are on the top of the list. To highlight, the pioneer altcoin Ethereum (ETH) shows promising pump signals as $105,000,000 flows into ETH in under 24 hours. It looks like both whales and institutions are betting on ETH. Ethereum (ETH) Shows Promising Pump Signals $105,000,000 flowed into $ETH in 24 hours.That’s not…
Hut 8 CEO Asher Genoot discussed in a Bloomberg interview the logic behind the newly launched American Bitcoin venture. Genoot, speaking on Bloomberg TV in a joint interview with Eric Trump, said that Hut 8 is not starting its venture with members of the Trump family from scratch. Instead the venture is launching as a “scaled mining operation from day one.” Hut 8 will contribute its mining rigs in exchange for an 80% stake in American Bitcoin, allowing the venture to begin with substantial infrastructure and operational capacity to mine Bitcoins (BTC). “We’ll contribute our rigs into the entity in…
Inflows into spot Bitcoin exchange-traded funds in the U.S. slowed down on Feb. 5 following remarks from Trump’s crypto policy advisor regarding the potential implementation of a national strategic Bitcoin reserve. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $66.38 million in net inflows on Wednesday, 80% lower than the $340.82 million inflows seen over the previous day. The majority of inflows came into BlackRock’s IBIT with $44.35 million entering the fund. WidomTree’s BTCW and Fidelity’s FBTC also contributed to the positive momentum with inflows of $11.38 million and $10.65 million respectively. The nine remaining spot Bitcoin…
Although some collectors have left NFTs for dead, Canary Capital believes the asset class could find fans on Wall Street. In a recent interview with Decrypt, Canary Capital CEO Steven McClurg suggested the NFT market could soon experience a revival, with chatter about funds tracking NFT prices potentially stoking investor interest in digital art collectibles. Although an NFT-backed ETF might have been unthinkable a few years ago, the likelihood that such a fund could become available to U.S. investors has increased as federal regulators embrace new, crypto-friendly regulations and as “more liquid” NFTs have come to market, McClurg told Decrypt.…
Based on recent data, $CHZ’s social engagement and investor participation experienced a notable rise because this project demonstrated a considerable expansion in its daily social interactions. Social media activity toward cryptocurrency projects maintains high levels of discussion, as 13 projects have experienced exceptional growth in social demand in the last 24 hours. Top-13 gainers by Daily Social Volume GrowthIntroducing #PJTs with the highest level of daily social volume increase, showing an increased interest in the PJTs within the last 24H.$CHZ $CVX $SNT $NYAN $CETUS $NATIX $LISK $RPL $RARI $SYS $CPOOL $VVS $RDNT pic.twitter.com/YI8IdIkkTe — Cryptolaxy #StandWithUkraine (@Cryptolaxy) February 5, 2025…