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Ethereum short seller wins big $1.1 million in just 2 days
Ethereum short seller wins big $1.1 million in just 2 days
A cryptocurrency trader witnessed a gain of over $1.1 million on their Ether position in just two days after positioning for the current cryptocurrency market correction.
A skilled trader made over $1.1 million profit from their short position on Ether (ETH), which involved 'borrowing' the underlying cryptocurrency from a broker, selling it at the current price, and then buying it back when the price drops — a strategy used by traders to bet on the depreciation of an asset.
A cryptocurrency trader witnessed a gain of over $1.1 million on their Ether position in just two days after positioning for the current cryptocurrency market correction.
A skilled trader made over $1.1 million profit from their short position on Ether (ETH), which involved 'borrowing' the underlying cryptocurrency from a broker, selling it at the current price, and then buying it back when the price drops — a strategy used by traders to bet on the depreciation of an asset.
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Vitalik Buterin donates 88 ETH to the zoo to adopt Moo Deng
Vitalik Buterin donated 88 ETH to the zoo to adopt Moo Deng
Moo Deng, the famous short hippopotamus on the internet, has been adopted by Vitalik Buterin, one of the most famous cryptocurrency founders.
Buterin, co-founder of Ethereum, the world's second-largest blockchain network, has become the godfather of Moo Deng, as announced by the Khao Kheow Open Zoo in Thailand on social media on December 26th:
"Thank you, Vitalik Buterin, for participating in the Wildlife Sponsorship Program, adopting Moo Deng with a generous gift worth 10 million THB for her family!"
Moo Deng, the famous short hippopotamus on the internet, has been adopted by Vitalik Buterin, one of the most famous cryptocurrency founders.
Buterin, co-founder of Ethereum, the world's second-largest blockchain network, has become the godfather of Moo Deng, as announced by the Khao Kheow Open Zoo in Thailand on social media on December 26th:
"Thank you, Vitalik Buterin, for participating in the Wildlife Sponsorship Program, adopting Moo Deng with a generous gift worth 10 million THB for her family!"
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Bitcoin Runes runs out of momentum, coming to a halt at the end of 2024?
Bitcoin Runes runs out of momentum, coming to a halt at the end of 2024?
Transactions on the Runes protocol on the Bitcoin network struggled to reach previous highs in December, marking a sharp decline compared to the previous months of 2024.
Since its launch, the Runes protocol has consistently had the highest bandwidth on the Bitcoin network. On April 23, Runes had over 753K transactions, surpassing the Ordinals protocol, BRC-20s, and Bitcoin (BTC). This figure accounted for over 81% of the total on-chain Bitcoin block transactions.
Transactions on the Runes protocol on the Bitcoin network struggled to reach previous highs in December, marking a sharp decline compared to the previous months of 2024.
Since its launch, the Runes protocol has consistently had the highest bandwidth on the Bitcoin network. On April 23, Runes had over 753K transactions, surpassing the Ordinals protocol, BRC-20s, and Bitcoin (BTC). This figure accounted for over 81% of the total on-chain Bitcoin block transactions.
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XRP whales accumulate strongly – Signaling a major price surge?
XRP whales accumulate strongly – Signaling a major price surge?
Whale transactions over 1 million USD signal strategic accumulation, driving XRP's bullish trend.
Price stabilizes near the 2.20 USD–2.50 USD range; a breakout could stimulate bullish momentum.
Recently, XRP has seen a significant increase in whale transactions, with individual trades exceeding 40 million USD.
Whale transactions over 1 million USD signal strategic accumulation, driving XRP's bullish trend.
Price stabilizes near the 2.20 USD–2.50 USD range; a breakout could stimulate bullish momentum.
Recently, XRP has seen a significant increase in whale transactions, with individual trades exceeding 40 million USD.
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According to analysis from Ai 姨, a large wallet address (believed to be owned by an organization or a smart individual) has continued to increase its holdings over the past hour. Specifically, this wallet spent $262 million to buy an additional 309 million ai16z tokens at an average price of $0.8482. Currently, the DJnHz…2TUUz wallet owns a total of 18.7 million ai16z tokens (worth $15.83 million), accounting for 1.7% of the total tokens and is one of the 7 largest holding addresses. With an average purchase price of $0.4805, this wallet is making a profit of $6.9 million.
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A massive transaction of 30 million XRP (worth over 69 million USD) was transferred to Coinbase during Christmas, raising concerns about the possibility of a major sell-off, although it could just be an internal transfer. This transaction shook market sentiment, while the current price of XRP has slightly decreased by 2.09% in the past 24 hours, trading at 2.27 USD.
XRP has a chance to recover thanks to the year-end Santa Rally trend, with significant support at 1.9280 USD and a long-term target of 4 USD. Additionally, Ripple has launched the RLUSD stablecoin to increase liquidity for the XRP Ledger, although this puts short-term pressure on the price of XRP. Overall, recent events mark a crucial phase in the development of $XRP .
XRP has a chance to recover thanks to the year-end Santa Rally trend, with significant support at 1.9280 USD and a long-term target of 4 USD. Additionally, Ripple has launched the RLUSD stablecoin to increase liquidity for the XRP Ledger, although this puts short-term pressure on the price of XRP. Overall, recent events mark a crucial phase in the development of $XRP .
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Will the cryptocurrency market surge again after Christmas?
Will the cryptocurrency market surge again after Christmas?
The cryptocurrency market often experiences significant volatility in the late-year period, especially after the Christmas holidays. The phenomenon of the “Santa Claus Rally” – the price increase of financial assets during the period from late December to early January – has been observed over many years.
The “Santa Claus Rally” effect in the cryptocurrency market
The cryptocurrency market often experiences significant volatility in the late-year period, especially after the Christmas holidays. The phenomenon of the “Santa Claus Rally” – the price increase of financial assets during the period from late December to early January – has been observed over many years.
The “Santa Claus Rally” effect in the cryptocurrency market
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Russia Uses Bitcoin and Crypto in International Payments: A Groundbreaking Step Before Sanctions
In the context of pressure from Western economic sanctions, Russia has decided to take a groundbreaking step by using Bitcoin and other cryptocurrencies in international payments. Russian Finance Minister Anton Siluanov recently confirmed that the country is beginning to use cryptocurrencies as a tool to evade financial restrictions and strengthen its economic position.
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The account of the Chairman of Animoca Brands was hacked, promoting a fake Token.
The account of the Chairman of Animoca Brands was hacked, promoting a fake Token.
Yat Siu, co-founder and executive chairman of Animoca Brands, is said to have had his X account hacked to promote a fake Token named ANIMOCA.
Animoca Brands' official X account has confirmed the incident and urged investors to stop interacting with Yat Siu's account.
Fake ANIMOCA Token Soars 500% in Just 5 Minutes.
According to an initial investigation by Kenta, the hacker successfully compromised Yat Siu's official X account and posted about Animoca Brands releasing an official Token under his name. It appears that the hacker had created this Token earlier on the pump.fun platform.
Yat Siu, co-founder and executive chairman of Animoca Brands, is said to have had his X account hacked to promote a fake Token named ANIMOCA.
Animoca Brands' official X account has confirmed the incident and urged investors to stop interacting with Yat Siu's account.
Fake ANIMOCA Token Soars 500% in Just 5 Minutes.
According to an initial investigation by Kenta, the hacker successfully compromised Yat Siu's official X account and posted about Animoca Brands releasing an official Token under his name. It appears that the hacker had created this Token earlier on the pump.fun platform.
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Market Manipulation, the Risk of Breaking Investor Trust
Recently, many users on Binance have begun to notice unusual signs in the market. Large buy or sell orders suddenly appeared on the order book, pushing prices up or down, but then disappeared immediately. These are tactics often employed by large players or automated trading bots, making the market unfair. This puts retail investors at a disadvantage, making it difficult for them to trade fairly.
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On-chain Analysis: Impact of BIO Airdrop News on RIF and URO
According to on-chain analyst @ai_9684xtpa, positive news about the BIO airdrop program has driven significant growth for both RIF and URO, each experiencing different levels of growth. The moves of smart cash flows have also recorded significant profits due to early investment positions.
Smart Cash Flow Creating Profit Waves
The smart wallet AcUm…MvLRa has realized a profit of 3.59 million USD thanks to an early investment strategy in RIF and URO. Below are the performance details of each asset:
Smart Cash Flow Creating Profit Waves
The smart wallet AcUm…MvLRa has realized a profit of 3.59 million USD thanks to an early investment strategy in RIF and URO. Below are the performance details of each asset:
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Montenegro denies Do Kwon, extradition to the U.S. likely
Montenegro denies Do Kwon, extradition to the U.S. likely
The Constitutional Court of Montenegro has dismissed the appeal of Do Kwon, co-founder of Terraform Labs, against the extradition. This decision removes a significant legal barrier in the extradition process.
According to information, this decision was fully agreed upon. The court pointed out the legal flaws in Kwon's appeal and confirmed the previous ruling supporting the extradition.
The Constitutional Court of Montenegro has dismissed the appeal of Do Kwon, co-founder of Terraform Labs, against the extradition. This decision removes a significant legal barrier in the extradition process.
According to information, this decision was fully agreed upon. The court pointed out the legal flaws in Kwon's appeal and confirmed the previous ruling supporting the extradition.
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AAVE Price Approaches 3-Year Peak Amid Optimistic Sentiment
AAVE Price Approaches 3-Year Peak Amid Optimistic Sentiment
AAVE's price continues to rise, affirming its position as the largest lending protocol in the cryptocurrency market with a market cap of $5.5 billion—higher than the total of all 10 other leading lending protocols combined.
The token has impressively increased by 220% this year and 110% in just the last 30 days, driven by strong momentum and growing interest from the market. Technical indicators like RSI and CMF show positive trends underway, however, some signs suggest that momentum is cooling which could hint at a potential future correction.
AAVE's price continues to rise, affirming its position as the largest lending protocol in the cryptocurrency market with a market cap of $5.5 billion—higher than the total of all 10 other leading lending protocols combined.
The token has impressively increased by 220% this year and 110% in just the last 30 days, driven by strong momentum and growing interest from the market. Technical indicators like RSI and CMF show positive trends underway, however, some signs suggest that momentum is cooling which could hint at a potential future correction.
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3 coins revived in 2024, breaking strong into 2025
3 coins revived in 2024, breaking strong into 2025
The cryptocurrency market has recorded an incredible recovery in 2024, increasing from a market capitalization of $1.8 trillion in January to an astonishing $3.9 trillion as of mid-October. This boom has largely been driven by the outstanding growth of Bitcoin, achieving a 160% increase year-to-date.
However, this strong recovery has also triggered a wave of optimistic momentum across the market—especially with some altcoins—bringing new life to projects that have been stagnant or underperforming, at least in the eyes of some observers.
The cryptocurrency market has recorded an incredible recovery in 2024, increasing from a market capitalization of $1.8 trillion in January to an astonishing $3.9 trillion as of mid-October. This boom has largely been driven by the outstanding growth of Bitcoin, achieving a 160% increase year-to-date.
However, this strong recovery has also triggered a wave of optimistic momentum across the market—especially with some altcoins—bringing new life to projects that have been stagnant or underperforming, at least in the eyes of some observers.
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5 Exit Strategies for Traders
5 Exit Strategies for Traders
Introduction
For traders, knowing when to exit a trade is just as important as knowing when to enter.
A well-planned exit strategy can help you protect profits, minimize losses, and limit emotion-based decisions. This is especially useful in volatile market conditions.
Introduction
For traders, knowing when to exit a trade is just as important as knowing when to enter.
A well-planned exit strategy can help you protect profits, minimize losses, and limit emotion-based decisions. This is especially useful in volatile market conditions.
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Floki DAO expands liquidity for Floki ETP in Europe
Floki DAO expands liquidity for Floki ETP in Europe
Floki DAO, the organization managing the Floki cryptocurrency, has proposed allocating a portion of its treasury to an asset manager to launch an exchange-traded product (ETP) in Europe, allowing institutional investors to access this cryptocurrency.
In a proposal submitted on December 25, members of Floki DAO are voting to decide whether to allocate liquidity for ETP or not. The proposal requests the use of a portion of 16 billion FLOKI — worth 2.8 million USD at current prices — as liquidity for the future fund.
Floki DAO, the organization managing the Floki cryptocurrency, has proposed allocating a portion of its treasury to an asset manager to launch an exchange-traded product (ETP) in Europe, allowing institutional investors to access this cryptocurrency.
In a proposal submitted on December 25, members of Floki DAO are voting to decide whether to allocate liquidity for ETP or not. The proposal requests the use of a portion of 16 billion FLOKI — worth 2.8 million USD at current prices — as liquidity for the future fund.
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Binance's Bitcoin reserves return to January levels, what does it mean?
Binance's Bitcoin reserves return to January levels, what does it mean?
Bitcoin reserves on Binance, the world's largest Cryptocurrency exchange by trading volume, have fallen to levels not seen since January 2024, just two months before Bitcoin's price surged by 90% in March.
If Bitcoin continues on this trajectory with the current price of $98,680, it could mean the price will reach $187,500 in just a few months.
Bitcoin reserves on Binance, the world's largest Cryptocurrency exchange by trading volume, have fallen to levels not seen since January 2024, just two months before Bitcoin's price surged by 90% in March.
If Bitcoin continues on this trajectory with the current price of $98,680, it could mean the price will reach $187,500 in just a few months.
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Price Prediction for BIO Token: What is the Next Move for This Promising Token?
1. Price movement of the BIO token
The BIO token is currently trading at $0.59 on the Whales Market platform, recording a decrease of 16.7% in the past 24 hours. Despite the drop, the trading volume reached $732.5K, reflecting significant interest from the community, with overwhelming buying on the market.
The most common price of BIO fluctuates between $0.54 - $0.64, demonstrating a certain level of stability within this range. Meanwhile, the highest selling price recorded is $0.69, and the highest buying price reaches $0.9.
The BIO token is currently trading at $0.59 on the Whales Market platform, recording a decrease of 16.7% in the past 24 hours. Despite the drop, the trading volume reached $732.5K, reflecting significant interest from the community, with overwhelming buying on the market.
The most common price of BIO fluctuates between $0.54 - $0.64, demonstrating a certain level of stability within this range. Meanwhile, the highest selling price recorded is $0.69, and the highest buying price reaches $0.9.
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Shiba Inu (SHIB) Burn Rate Surges Over 1,000%: Is a Major Price Increase on the Horizon?
🚀 Shiba Inu (SHIB) Burn Rate Explodes to 1,041%!
The Shiba Inu (SHIB) ecosystem is once again grabbing attention as the burn rate skyrockets to 1,041% in just the past 24 hours, with 6.54 million SHIB tokens burned. This spike has ignited hopes for a strong price rally, as both retail and institutional investors increase their interest.
🔍 Reasons Behind This Surge
The latest on-chain data from Shibburn shows two large burn transactions from wallet 0x608….9fe80, contributing 2.14 million SHIB tokens. Such spike burn events are often signs of potential future price momentum. Notable:
The Shiba Inu (SHIB) ecosystem is once again grabbing attention as the burn rate skyrockets to 1,041% in just the past 24 hours, with 6.54 million SHIB tokens burned. This spike has ignited hopes for a strong price rally, as both retail and institutional investors increase their interest.
🔍 Reasons Behind This Surge
The latest on-chain data from Shibburn shows two large burn transactions from wallet 0x608….9fe80, contributing 2.14 million SHIB tokens. Such spike burn events are often signs of potential future price momentum. Notable:
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Crypto Market Predictions 2025: What Do Experts Say?
Crypto Market Predictions 2025: What Do Experts Say?
2024 is almost over, and it has been a relatively good year for the ecosystem. But what awaits the cryptocurrency market in 2025?
This is a pressing question that investors may be facing. In this analysis, TinTucBitcoin discusses insights from renowned analysts about the coming year. While some predict the bull market will continue its rise, others caution against being overly optimistic. Here are the various parts of the top forecasts and key signals from essential indicators.
2024 is almost over, and it has been a relatively good year for the ecosystem. But what awaits the cryptocurrency market in 2025?
This is a pressing question that investors may be facing. In this analysis, TinTucBitcoin discusses insights from renowned analysts about the coming year. While some predict the bull market will continue its rise, others caution against being overly optimistic. Here are the various parts of the top forecasts and key signals from essential indicators.