Trader loses nearly $2.7M in 2 days due to high leverage & liquidations. Funds dropped from $2.96M to $250k. Example: $175k lost on a high-lev BTC long in 45 mins. Trader is now in a 25x ETH long at $2444 (liq: $2480). Cautionary tale on leverage risk.
#crypto #blockchain #news #BTC #Bitcoin
Former BlackRock portfolio manager Jennifer Thornton joined crypto asset firm Bitwise. She now manages crypto strategies, including NFT funds, shifting focus from US Treasury bonds to Bitcoin & NFTs.
#crypto #blockchain #news #BTC #Bitcoin
Trader loses $2.46M on high-leverage ETH short after price rise. Undeterred, they opened a $17.6M BTC long with 40x leverage (liq price $105,510), facing significant liquidation risk. This high-risk play follows their previous loss.
#crypto #blockchain #news #BTC #Bitcoin
Per Economic Daily, China targets global AI leadership in tech & governance. Despite chip challenges, it's accelerating foundational tech & dominance in applications/rules, using strengths to be a key innovator & rule-setter in the AI revolution.
#crypto #blockchain #news
Michael Saylor: Digital Gold Rush Will End Around January 7, 2035
MicroStrategy founder Michael Saylor stated on Twitter that the digital gold rush is projected to conclude around January 7, 2035.
He added:
Get your Bitcoin before it no longer belongs to you, seize the time.
#crypto #blockchain #news #BTC #Bitcoin
Former US President Joe Biden has been diagnosed with aggressive prostate cancer that has spread to his bones. Diagnosed last week w/ Gleason 9 (Grade 5), the cancer is aggressive but appears hormone-sensitive & manageable. Biden & family are reviewing treatment options. Former President Trump sent well wishes.
#crypto #blockchain #news
Market odds heavily favor the Fed keeping interest rates unchanged in June (91.4% chance vs. 8.6% cut). July odds for no change are 66.9%. #Fed #InterestRates #FederalReserve #Economy
#crypto #blockchain #news
Crypto market saw $188M in liquidations over the past 24 hours. The majority were short positions, accounting for $124M ($64M long). BTC liquidations were $36.6M and ETH $43.4M.
#crypto #blockchain #news #BTC #Bitcoin
ETH bounced strongly to $2536 (up >2.5%) from $2400, liquidating $22M+ shorts. Tech analysis points to upward momentum & bullish flag; breaking resistance could target $3700. Analysts target $3k-$5k but note pullback risk. Weekly indicators bullish.
#crypto #blockchain #news
An ETH whale holding a 25x leveraged short position worth $25.4M (9,923 ETH) is reducing it to avoid liquidation. The liquidation price is $2,577. This address, potentially linked to Three Arrows Capital and inactive for 4 years, is making its first move. Monitoring by @ai_9684xtpa.
#crypto #blockchain #news
Tornado Cash co-founder Roman Storm's team wants gov't FinCEN communications. Argues prosecutors misled court on US law for non-custodial mixers. Cites Samourai case where FinCEN reportedly said non-custodial services might not be MSBs. This info is key to defense vs. unlicensed money transmitter charge.
#crypto #blockchain #news
Crypto security costs are soaring. Coinbase spent $6.2M on CEO Brian Armstrong's personal security last year – more than combined security for execs at JPMorgan, Goldman, Nvidia. Reflects rising threats like kidnapping & extortion targeting wealthy crypto figures.
#crypto #blockchain #news
Whale trader James Wynn (@JamesWynnReal) has accumulated $20.41M in unrealized profit from long positions on Hyperliquid. Significant gains stem from large BTC & kPEPE longs, according to monitoring by @ai_9684xtpa.
#crypto #blockchain #news #BTC #Bitcoin
Whale deposited 700 BTC (~$72.7M) to Binance, according to OnChain Lens. The whale reportedly holds an additional ~4500 BTC (~$467M) across two other wallets.
#crypto #blockchain #news #BTC #Bitcoin
MapleStory Universe announces temporary maintenance for May 19. From 06:00 to 08:00 (2 hours), the website, game client, MSU Market, Explorer, & related services may be inaccessible due to a server check. Please plan your activities accordingly.
#crypto #blockchain #news
Michael Saylor again posted MicroStrategy's Bitcoin Tracker info. Based on past patterns, this typically hints they'll announce increased BTC holdings soon, likely tomorrow.
#crypto #blockchain #news #BTC #Bitcoin
Crypto traders are bullish on Bitcoin, expecting a new ATH & price discovery. Some eye $116k soon, citing patterns like converging triangles & diamond breakouts, plus strong US buying. Caution remains as key resistance isn't definitively broken, risking a short-term pullback.
#crypto #blockchain #news #BTC #Bitcoin
Crypto whale James Wynn commented on Bitcoin price on X. He'd view a drop below $100k favorably to buy more, but thinks it's improbable.
#crypto #blockchain #news #BTC #Bitcoin
Saifedean Ammous is funding developers to increase the cost of "spam inscriptions" on Bitcoin. He compares it to email spam, arguing technical means should make it expensive to maintain network health, not censor. He also suggested abandoning developers who create spam tools.
#crypto #blockchain #news #BTC #Bitcoin
Texas's Strategic Bitcoin Reserve bill (SB21) advances to a 2nd reading in the House on May 20. If passed, Texas would be the 3rd state with a reserve, allowing a fund (initially Bitcoin) via appropriations/donations, stored securely. #Texas #Bitcoin #SB21
#crypto #blockchain #news #BTC
Binance SUI ecosystem trading competition is LIVE! ✨ Trade SCA, BLUE, NAVX, HIPPO, NS, & SUI on Binance Wallet/Alpha for a share of ~$1.7M prize pool. Ends May 30th (UTC). Top traders win multiple rewards! Distribution by June 13th. Don't miss out! #Binance #SUI
#crypto #blockchain #news
US SEC releases FAQs on crypto asset activities & DLT. Clarifies broker-dealer/transfer agent rules. Commissioner Peirce calls it a "gradual step forward," addressing custody rules, crypto ETFs in kind, & tokenized securities.
#crypto #blockchain #news
PayPal/MoneyGram execs say banks (custody, fiat) & US law are key for stablecoin growth & trust. US stablecoin laws nearing decision point, banks could play bigger role. PayPal launched PYUSD '23. #stablecoins #crypto #banking #paypal
#blockchain #news
🚨 SCAM ALERT 🚨 Polygon co-founder warns of AI deepfake scam targeting crypto startups. Scammers use fake video calls to trick teams into installing malware. Several targets confirmed. Key advice: NEVER install software during unsolicited calls & use separate device for wallets. AI security is vital! #crypto #security #deepfake #scam
#blockchain #news
HK Police CSTCB is boosting security for the city's virtual asset ecosystem with a new tool, CryptoTrace, developed with HKU. It provides advanced support for investigating virtual asset crimes. Chief Supt. Lam stresses shared responsibility among exchanges, regulators, and law enforcement.
#crypto #blockchain #news
Anchorage Digital CEO Nathan McCauley denied reports of a DHS investigation as "complete nonsense" at Consensus 2025. He stated lawyers confirmed no investigation exists. Anchorage emphasizes its focus on strict compliance and recently securing the difficult NYDFS BitLicense.
#crypto #blockchain #news
Morgan Stanley's digital asset head left in March to start a DeFi fund in Switzerland, bridging TradFi & DeFi with asset management & trading. Fundraising soon. Meanwhile, Morgan Stanley plans to integrate crypto trading into E*Trade next year. #DeFi #Crypto #TradFi
#blockchain #news
AI search engine Perplexity has reportedly reached a $14 billion valuation after securing $500 million in new funding, according to the Wall Street Journal.
#crypto #blockchain #news
TeraWulf reports a $61.4M net loss in Q1 2025, up from $9.6M last year, per Cointelegraph. Revenue fell to $34.4M due to Bitcoin halving, network difficulty & weather. Cost of revenue rose to 71.4%.
#crypto #blockchain #news #BTC #Bitcoin
CryptoQuant CEO: Bitcoin selling pressure is easing, but no clear bull/bear signals yet. ETFs & institutional money are changing the market dynamics, making it less predictable than before. On-chain data still matters, but interpretation is key.
#crypto #blockchain #news #BTC #Bitcoin
Trump says the US will collect $6B by imposing a 10% tariff on the UK. He claims a new trade agreement will reduce non-tariff barriers for US goods. #trade #tariffs #US #UK
#crypto #blockchain #news
Wellgistics Health (NASDAQ: WGRX) plans to use XRP for treasury & payments, backed by a $50M credit line! 🚀 Aims to cut costs & speed up transactions in its healthcare network. Could reshape payment efficiency in the industry! #XRP #FinTech #Healthcare
#crypto #blockchain #news
Binance Wallet launches its 15th TGE featuring MYX Finance ($MYX)! Subscription period: May 6, 2025, 4 PM - 6 PM (UTC+8). Check Binance Wallet for eligibility details. 40M $MYX allocated for future marketing. Entry details coming soon! #Binance #MYX #TGE #Crypto
#blockchain #news
Beam Foundation Burns Over 113 Million BEAM Tokens
The Beam Foundation announced on X that it burned 113,957,240 BEAM tokens on May 1st. This reduces the total supply of BEAM by 40.9%.
#crypto #blockchain #news
In response, "Retard Finder" users expressed their hope that Musk would ensure Grok doesn't object to the word "retard."
#crypto #blockchain #news
Coinbase will suspend MOVE token trading around 2:00 AM (UTC+8) on May 16. MOVE order books are now in limit-only mode. Users can place/cancel orders, but execution may be limited. #Coinbase #MOVE
#crypto #blockchain #news
Fr8Tech (FRGT) secures up to $20M to buy TRUMP tokens, becoming one of the first public companies to integrate it into their digital asset strategy. Initial $1M issuance, potential for $19M more. Follows FET token acquisition. #crypto #Fr8Tech
#blockchain #news
Dinari, a blockchain finance firm bringing U.S. equities to international investors, just closed a $12.7M Series A! Led by Hack VC & Blockchange Ventures, with VanEck Ventures, F-Prime, and Avalanche Fund participating. (via Fortune) #blockchain #finance #investing
#crypto #news
Blockstream spins off its mining & ASIC divisions into independent companies led by Chris Cook & Assaf Gilboa. CEO Adam Back focuses on Bitcoin financial infrastructure. New products launching at the Bitcoin conference in May aim for a streamlined user experience.
#crypto #blockchain #news #BTC #Bitcoin
Binance Completes USDC Integration on Sonic Network, Opens Deposits
Binance has announced the completion of the integration of USD Coin (USDC) on the Sonic network and has enabled deposit functionality.
#crypto #blockchain #news