Author: NBTC
Key Takeaways Vinecoin (VINE) is a new Solana-based memecoin launched by Vine app co-founder Rus Yusupov The token has a maximum supply of 1 billion VINE, with 5% reserved for developers Developer tokens are scheduled to unlock on April 4th, 2025 Like all memecoins, VINE carries significant investment risks In early 2025, the cryptocurrency landscape continues to be dominated by memecoins, with celebrity-backed tokens gaining particular traction. While much attention has focused on Donald and Melania Trump’s recent crypto ventures, another notable figure has entered the space: Rus Yusupov, co-founder of the once-viral video platform Vine, with his new token…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -3.82% today against the US Dollar Ethereum is currently trading 15.72% below our prediction on Apr 03, 2025 Ethereum dropped -20.01% in the last month and is down -48.11% since 1 year ago ETH price is expected to rise by 14.62% in…
A cryptocurrency trader suffered a $3.79 million loss after Binance unexpectedly updated leverage and margin tiers for select tokens. One of the affected tokens was Act I (ACT), where the trader’s $3.79 million position was liquidated at $0.1877, according to the latest on-chain data retrieved by Finbold from Lookonchain on April 1. After the liquidation, one of the largest for the day, ACT experienced a massive price drop. As of press time, the token was trading at $0.1018, down 46% in the last 24 hours and nearly 50% on the weekly timeframe. This price collapse has compounded losses for those…
Bitcoin and other altcoins remained under pressure on Wednesday after ADP released a stronger-than-expected private payrolls report. Bitcoin (BTC) continued trading below $100,000, while major cryptocurrencies like Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) were in a tight range. ADP, the largest payroll processing company in the U.S., reported that the economy added 183,000 jobs in January, surpassing December’s 176,000 and exceeding the forecast of 148,000. The ADP report comes just two days ahead of the Bureau of Labor Statistics’ official nonfarm payrolls report. According to Investing, economists expect the data to show that the U.S. economy created 154,000…
Pendle (PENDLE), a DeFi protocol focused on tokenized yield trading, drew attention recently due to a reported surge in large whale transactions associated with its token. According to data from on-chain analytics provider Lookonchain, five newly created wallets collectively withdrew 2.66 million PENDLE tokens from Binance. Whales are accumulating $PENDLE!5 newly created wallets withdrew 2.66M $PENDLE($7.9M) from #Binance in the past 5 days.Address:0x21fBA58b20f62397c015bc1f5a15f742ad430dFA0x2EB48c60F4ea75fa0a0Ff5BB017EBD9f5981b8F50x11DFEDf01B3FA824BbCB138159B2e6AFE43692a3… pic.twitter.com/hnnXVeUqUY — Lookonchain (@lookonchain) April 2, 2025 This amount was valued near $7.9 million over the past five days, as reported by Lookonchain. This significant off-exchange movement suggests growing confidence among large holders and sets up a…
Shiba Inu lead developer Shytoshi Kusama has more reasons to argue that the SHIB project has evolved beyond its meme origins. In a tweet on Tuesday, Kusama reminded the crypto community that Shiba Inu has grown into a utility-driven project to such an extent that it no longer fits the categorization of meme coins. With the most recent partnership announcement, Kusama emphasized that it is proof that SHIB is not a meme but a serious project in the crypto space. “We are actually a technology powerhouse,” he said. Proof Shiba Inu is Not a Meme, Per Kusama Notably, this bold…
A dormant Ethereum ICO wallet moved 1,700 ETH ($3.18M) after seven years of inactivity. The ETH was transferred to Binance, raising interest in the crypto community. The transfer marks a rare occurrence of a dormant wallet becoming active after a long period. An Ethereum ICO participant moved 1,700 ETH worth $3.18 million to Binance following an inactive seven-year span. The immense transaction drew widespread attention from the cryptocurrency community because the wallet lay dormant for seven years. Crypto Rover noted on X that a wallet that had been inactive for seven years made an unexpected move that signifies a very…
Around 1:30 PM today, many altcoins on cryptocurrency exchange Binance experienced sudden and sharp declines, with ACT/USDT down over 49% in 30 minutes, DEXE/USDT down over 23%, and DF/USDT down over 16% in the same period. The unexpected decline was triggered by large sell orders executed within a short time frame, leading to a significant increase in spot trading volume. Benson Sun, a former FTX community partner, analyzed the situation and attributed the price crash to Binance’s recent adjustments to ACT’s leverage position limits. The platform had introduced a rule that limited maximum open positions at 1x leverage to $4.5…
DeFi lending continues to be one of the most active type of apps on multiple chains. The sector is adapting to the market slowdown by lowering its interest rates. DeFi is lowering interest rates across the board, with all protocols shifting to the lower range of yield. DeFi lending protocols will usually adjust yield to reflect market conditions, pushing even Aave to go as low as 4.63%. Sky Protocol, formerly Maker, is down to 6.09%, from 12.5% near the peak of the market cycle. Yield and passive income is key at this stage of the crypto cycle, driven by a…
Popular cryptocurrency tracker Shibburn has spread the word about a large number of SHIB meme coins that have been pushed out of circulation over the past day. It happened as the price of the second-most popular meme cryptocurrency, SHIB, is striving to recover after a recent 34% crash. SHIB burns soar 577% A tweet published by the aforementioned data platform earlier in the day shows that during the past 24 hours, the joined efforts of the Shiba Inu global community have helped them to rid of 18,760,236 SHIB by transferring them to unspendable wallets to be locked there for good.…