Author: NBTC

A high-net-worth Ethereum ($ETH) investor has recently made a re-entry into the market with a huge bet. As per the data from Lookonchain, the crypto whale again participated in the Ethereum market with a bold $20.55M bet following DCA strategy, irrespective of having formerly incurred a large loss of $11M. The on-chain analytics platform took to its official account on X to share details of this event. Despite losing ~$11M on $ETH before, this ETH cultists is still buying.3 months ago, a whale sold all $ETH at ~$2,740, losing ~$11M.One month ago, he re-entered by buying 2,713 $ETH($4.07M) at $1,502.As…

Polkadot announced the near completion of Polkadot 2.0, the highly anticipated upgrade to the blockchain network that includes features such as agile coretime, async backing, and elastic scaling. The whole point of the upgrade is to improve flexibility, speed, and scalability. The mentioned features are bound to make an impact as Polkadot is positioning itself to better meet the demands of the rapidly evolving blockchain landscape. For instance, asynchronous backing will allow parachains to produce blocks independently of the relay chain’s block production schedule, increasing throughput and reducing latency. Agile coretime will replace the previous fixed slot auction system and…

Plume Network, a noteworthy L1 to tokenize and trade real-world assets (RWAs), has announced its collaboration with Hyperliquid, a crucial blockchain and DEX. $PLUME token will now be available on Hyperliquid exchange. The integration of Hyperliquid denotes a key development in the multichain expansion plan of Plume Network to dramatically widen composability and accessibility for consumers. Both the platforms revealed the details of this initiative in threads of posts on X. PLUME is now live on @HyperliquidX, accessible from dozens of chains for hundreds of thousands of new users.We’re proud to be a day 1 launch partner for Hyperbridge as…

Bitcoin is trading stronger today, up over 3% near $96,800, but it’s hitting a tough spot trying to stay above the $97,000 mark. Experts note Bitcoin could face significant resistance around the $100,000 and $110,000 levels as it eyes future gains. This comes as the broader crypto market shows bullish signals, with most top 10 altcoins also in the green. Bitcoin’s Path to a New All-Time High: How Soon? Bitcoin’s all-time high was $109,358, set, back in January 2025, about 141 days ago. A macro analyst has observed that, on average, it takes about 211 days to reach a new…

The somewhat recent launch of Ripple’s RLUSD stablecoin has sparked discussions within the XRP community on X, with members debating XRP’s evolving role versus this new digital dollar. Some community members express concerns that RLUSD might diminish XRP’s utility, especially in areas like cross-border payments and liquidity provision. Community Concerns: Will RLUSD Sideline XRP’s Utility? One community member particularly highlighted Ripple’s shift to minimize XRP’s role, focusing it mainly on transaction fees, since RLUSD can be used for everything else. However, others pointed out XRP’s status as a liquidity engine rather than a gas token, meaning XRP facilitates efficient value…

A crypto trader known as James Wynn has sparked widespread interest after reportedly earning over $46 million in profits within just two months on the decentralized exchange Hyperliquid. Since March, he has bagged surprising profits by a series of high-leverage positions on Bitcoin and various meme coins, including PEPE, TRUMP, and Fartcoin. Hyperliquid Trader Criticizes CEXs While Riding $46 Million Profit Wave According to on-chain analytics firm Lookonchain, Wynn began actively trading on Hyperliquid around mid-March. Since then, he has placed aggressive long positions with leverage ranging from 5x to 40x. Five of those positions remain open and are still…

While Bitcoin had a weak performance in the first quarter of 2025, it is experiencing a strong recovery after the first week of April. At this point, Bitcoin rose above $97,000 again following news that the US and China will resume tariff talks. While moving at $96,000 levels ahead of the critical FED decision, market analyst Omkar Godbole said that the Bitcoin chart indicates an upward trend. According to the analyst, Bitcoin is showing similar technical patterns to those that preceded its late-2024 rally. MACD Indicator! Analyzing the popular MACD indicator, which is primarily used to identify trend reversals and…

Zerebro creator Jeffy Yu, who supposedly committed suicide last weekend, has been found alive by a reporter at his mom and dad’s house. The 22-year-old dev was discovered Wednesday by the San Francisco Standard, which found him padding around in flip-flops. He was visibly shocked at being found. Yu claimed he had been “doxxed” and “harassed,” and lamented that his poor parents would now have to move house. “You can see the PTSD in my eyes, right?” he said, before telling the reporter to leave. Yu’s alleged death sparked a meme coin trading frenzy. On Sunday, users on X reported…

American businessman Eric Trump has revealed that his father, President Donald Trump, holds a significant amount of Bitcoin. Speaking to Bloomberg at the TOKEN2049 in Dubai, he noted that Bitcoin is “digital gold” and expressed strong support for its future. In parallel, Eric disclosed that he and the president hold a lot of Bitcoin, predicting exponential growth for it in the coming years. According to Eric Trump, he personally holds a substantial amount of Bitcoin. He further revealed that his father Donald Trump equally holds a sizable balance of the pioneering crypto asset, though he failed to give any figures.…

A single crypto trader tried shorting Ethereum with max leverage on Hyperliquid and paid the price within less than eight hours. What started as an extravagant $5.08 million bet turned to disaster, and the traders exhausted their position with only $310,000 remaining. This gambler just lost $4.77M shorting $ETH in under 8 hours.He deposited $5.08M into Hyperliquid to short $ETH with max leverage (25x).Now he’s down to just $310K. Brutal!https://t.co/pWHJQzhxEN pic.twitter.com/FcjLYi43yC — Lookonchain (@lookonchain) May 9, 2025 A M Short Position on Ethereum It began with a huge deposit: 3.36 million USDC was transferred from the user’s wallet into Hyperliquid…