Author: NBTC

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…

Cryptocurrency analysis company MakroVision has published its updated analysis of Ethereum’s recent price movements. The report states that Ethereum has successfully completed its rise from $1,400 and attracted attention with a 77% increase. MakroVision stated that the bullish scenario it had previously predicted came true. It was stated that the price range between $ 1,295 and $ 1,525 worked as a strong support zone, and it was noted that Ethereum recovered by gaining strength from this region. According to analysts, eyes are currently focused on the resistance zone between $2,405 and $2,465. Although Ethereum has reached this zone, analysis suggests…

Solana co-founder Anatoly Yakovenko made ambitious statements about the new version of Solana in his statement following Ethereum’s latest Pectra update. Yakovenko stated that with the Solana v2.2 release, there was a 20% increase in the network’s processing power, which corresponds to a capacity increase five times that of Ethereum’s Pectra update. On Wednesday, the Ethereum network successfully launched Pectra, its third major update since Merge. The update aims to improve the network’s user experience, increase scalability, and strengthen staking flexibility. Pectra includes innovations such as account abstraction, adjustments to data storage requirements, increased validator staking limits, and greater flexibility…

In the dynamic world of cryptocurrency, support for foundational infrastructure is key to long-term growth and adoption. That’s why recent news from Tether, the issuer of the widely used USDT stablecoin, has caught the attention of many in the space. Tether announced a significant contribution aimed at bolstering the backbone of crypto commerce: a second $100,000 grant to the BTCPay Server Foundation. This move isn’t just about money; it’s a strong reaffirmation of commitment to the principles of free and open-source software development, which are vital for a decentralized future. Why is Support for Open Source Crypto Critical? The cryptocurrency…

The world of cryptocurrency is constantly buzzing with activity, and sometimes, a single transaction can grab the attention of the entire market. That’s precisely what happened recently when a significant USDT transfer involving a substantial amount of funds was detected, moving from the HTX exchange to the Aave decentralized finance (DeFi) protocol. This kind of large movement often signals strategic positioning by major players, commonly referred to as crypto whales, and understanding these movements can offer valuable insights into market sentiment and potential future trends. What Did Whale Alert Report? Blockchain tracking service Whale Alert, known for monitoring large cryptocurrency…

In recent weeks, the cryptocurrency market has witnessed one of its most aggressive shakeouts. The most recent liquidation heatmap shows that leveraged traders were severely impacted, as Bitcoin approached the $100,000 mark with over $298 million in total liquidations over the previous day. With losses of $114,46 million, Bitcoin led the wipeout as expected, followed by Ethereum with $65 million. The brunt fell on shorts wiping out $215 million in short positions, indicating a traditional short squeeze setup. In terms of price, Bitcoin is now trading just under $100,000, indicating that its breakout rally is still going strong. The asset…