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A newly created cryptocurrency wallet generated more than $1 million in unrealized profits in under 24 hours by taking a leveraged long position on Starknet’s native token, STRK. The anonymous trader opened the position on October 10 on the Hyperliquid perpetual futures exchange. Using 3x isolated leverage, the wallet bought 24.42 million STRK tokens with a notional value of approximately $2.9 million. As STRK’s price climbed, the position’s unrealized profit reached about $1.05 million, lifting its overall value to roughly $4 million. The entry price was near $0.076, while the token later traded between $0.11 and $0.12, according to on-chain data retrieved from Lookonchain on October 11. This guy made over $1M in less than a day! He created a new wallet yesterday and opened a 3x long on 24.42M $STRK ($2.9M), which is now up $1.05M in unrealized profit.https://t.co/XQQwYtaoVc pic.twitter.com/QKmMZK8GM5 — Lookonchain (@lookonchain) October 11, 2026 STRK le...

Late last week, The Sandbox (SAND) cryptocurrency associated with a ‘Metaverse’ project of the same name saw an unexpected and sudden upsurge that took it approximately 63.64% higher, from $0.044 to $0.072. The rally continued one day later after a brief correction, bringing the token to $0.081 by October 3 and, even after the subsequent downturn to $0.073, SAND remains up 68.82% on the weekly chart.  SAND cryptocurrency price one-week chart. Source: CoinMarketCap Notably, the move is entirely attributable to three cryptocurrency exchanges – Upbit, Bithumb, and Coinone – lifting a trading caution designation from The Sandbox that they placed in August. According to an October 2 Bithumb announcement, the decision was reached after the platform determined that the reasons for the warning had been resolved and announced a resumption of deposits and withdrawals later on that same day. What happened to The Sandbox (SAND) in August 2026? Meanwhile...

In spite of Bitcoin (BTC) and Ethereum (ETH) surrendering $44.8 billion and $8.9 billion of their market capitalization over the past 24 hours, through September 28, Aksel Kibar, a former fund manager, has cautioned against these cryptocurrencies falling below and hovering near their May 2026 peak. Kibar affirmed that Bitcoin and Ethereum need to move quickly away from current levels to continue their recent bull market.  “If these are short pullbacks to broken resistance levels, price needs to quickly move away from current levels, resulting in strong weekly closes,” Kibar documented on September 27. He marked a major weekly support level at approximately $82,800 for Bitcoin.  Furthermore, this chartist emphasized that this liquidity zone was previously a strong resistance level since BTC capitulated to $60,000 in February, early this year.  BTC/USD daily chart. Source: TradingView Comparably, Kibar argued that Ethereum’s price has broken...

Justin Sun recently announced that his new “Justin Sun Prize” would begin in earnest, with $1 million being offered for those who can solve 66 mathematical problems and verify their proof. The only problem? Sun hasn’t shown any evidence that there’s $66 million in funding for those who are able to solve the problems. Comparisons to Nobel ring true Sun took to X to announce the competition and immediately compared it to the Nobel Prize, acknowledging that Nobel created the prize after he was labeled “The Merchant of Death” and he became terrified for his legacy. Sun neglected to state why he may feel similarly about his own reputation, but he’s recently been embroiled in a bitter break-up and surrogacy drama with Chinese actress Jing Tian, that has seen Mainlanders resolutely siding with Jing. Justin Sun’s egg story keeps getting worse Read more: Justin Sun has ruined his reputation in China However, Sun’s woes don’t stop with the hatred that Ch...

The XRP Ledger (XRPL) has processed a record 3,254 transactions in a single block, setting a new record as XRP price climbed almost 4% amid developments surrounding the network. Most transactions consisted of tiny XRP payments, which do not constitute a heavy load on the network, according to a report posted on X by XRPL validator Vet on September 14. Although the sender’s identity and purpose remain unconfirmed, Vet suggested that the activity may have served as a throughput test. “3254 transactions in a single block a few hours ago on the XRP Ledger. New record. Good opportunity to review an interesting characteristic of the XRP Ledger vs Bitcoin… I don’t know why this person is doing these transactions but looks like throughput testing probably,” Vet wrote. 3254 transactions in a single block a few hours ago on the XRP Ledger. New record. Good opportunity to review an interesting characteristic of the XRP Ledger vs Bitcoin. Our blocks are dynamic in siz...

McDonald’s India’s X account has deleted posts from an alleged intern who claims they weren’t paid for months, and that memecoin trading left them starving. The first post, uploaded on Sunday, claimed that the writer, an intern, manages several Asian McDonald’s accounts. They claimed that their boss, “Amit Joshi,” hasn’t paid them since December 2025, leaving them no choice but to take on two extra jobs in customer support and delivery. On top of this, the “intern” described themselves as an unsuccessful memecoin trader. They claimed, “I literally starve every day because I lose all my money on them.” Screenshots of the now-deleted McDonald’s India posts. Read more: Bitcoin doesn’t need the McRib to rally The last post in the thread claimed McDonald’s owed them ₹60,000 ($650) and that they’re hoping to achieve community support.  It appears no memecoin has been linked to the posts, so it’s unlikely that the account was hacked as...

Metaplanet has paid over $45 million to operate a bitcoin (BTC) treasury company that has a $1 billion unrealized loss from investing in BTC. The Japanese company that emulated Michael Saylor’s Strategy loaded its purchases far higher than Strategy’s $75,385 cost basis. It paid 36% more, to be precise. Indeed, Metaplanet has paid $4.41 billion to buy 43,000 BTC at an average cost basis of $102,502 per coin. Metaplanet deal puts ‘King of Death Spiral Financing’ on both sides Read more: Metaplanet pitches stock buybacks after 96% mNAV decline For context, BTC closed Friday near $77,600. That simple reality means that the company has lost 24% on its BTC investment, underperforming even a corporate treasury of idle cash in a bank account. Since Metaplanet started purchasing BTC in April 2024, its fiscal reports disclose at least ¥7 billion (USD$45 million) worth of expenses to operate its treasury operations: ¥4.5 billion of issuance costs, ¥1.9 ...

Crypto exchange BitMart might not be shutting down after all, following this weekend’s announcement of plans to explore a potential “restructuring plan.” BitMart says the plan may involve the phased “resumption of certain operations in an orderly manner alongside distributions to creditors.” Restructuring counsel White & Case has been hired to help BitMart assess its options, while a roadmap detailing its future will be released “no later than September 9, 2026.” Read more: BitMart CPO resigns as insolvency speculation mounts Just over a month ago, on July 26, BitMart announced that it would cease all of its operations by January 31, 2027.  What followed was weeks of panic from users trying and failing to withdraw all of their assets from the exchange.  BitMart’s Chief Product Officer Terence Lee resigned in a post that distanced himself from the crypto exchange’s core operations.  Its CEO Nathan Chow was terminated prior to the...

The XRP price plunged 5% over the past 24 hours to $2.41 as of 3:44 a.m. EST even as trading volume surged 80% to $3.1 billion. The drop followed sharp criticism from  Solana Foundation executive Vibhu Norby, who called XRP a “mediocre token” that has been “outclassed” by Solana (SOL) in speed, scalability, and developer adoption. I want Ripple and XRP to succeed at an insane degree such that the entire industry moves forward. But the fact is that the community does not argue with facts, even though the data is readily available. And as a longtime engineer and truth seeker, that bothers me. It is totally… pic.twitter.com/2U6tOmG8sI — vibhu (@vibhu) November 1, 2025 The comments reignited rivalry between the two blockchain communities, with XRP supporters emphasizing Ripple’s expanding role in cross-border payments and institutional partnerships. Analysts said the criticism may have fueled short-term selling pressure, though long-t...

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The Bitcoin price slid 2% over the last 24 hours to trade at $111,33 as of 3.30 a.m. on trading volume that slumped 31% to $50.47 billion. There may be worse to come, according to Glassnode, which warned that if the price can’t climb back above its cost basis at $113k, a plunge to $88k could happen as long-term holders begin to reduce positions.​ 🧠 Veteran Sellers Making Moves Bitcoin's struggling to break back above $126k, with long-term holders keeping up their steady profit‑taking. Glassnode #insights reveal these pros, after months of stacking, are cashing in gradually, fueling ongoing downward pressure. ➡️… pic.twitter.com/h9PDRsGags — CryptOpus (@ImCryptOpus) October 31, 2025 If the market finds enough buyers, some analysts say a rebound toward $113,000 and higher could still be possible, but demand remains weak for now.​​ Trading volume has also slowed as investors step back, waiting for clearer signs. Bit...

Pseudonymous analyst Crypto Bitlord, with a following of nearly half a million on X, predicted that Ripple’s XRP could reach the $21 mark this cycle. That’s an ambitious price target, which seems unrealistic, and the analyst got called out for his larger-than-life forecast by investors. The $XRP community is one of the largest crypto communities on earth so when it smashes through $21 this cycle watch the world flip — Crypto Bitlord (@crypto_bitlord7) October 28, 2025 “The XRP community is one of the largest crypto communities on earth. So when it smashes through $21 this cycle, watch the world flip,” he said on X. A user quickly flagged the prediction, saying, “It won’t reach $4. This guy $21.” Several commentators questioned the price projection, calling it “a meme price in a bear market. ” Another user opined, “$21 feels like we’re chasing a myth,” but said, “the pump might just surprise us all” in the end. However, the majority of XRP com...

While the larger crypto market is facing a correction, Trump Coin (Official Trump/TRUMP) is registering gains on every time frame. According to CoinGecko data, Trump Coin has seen an 8.7% rally in the last 24 hours, a 42.9% rally in the last week, a 35.8% rally in the 14-day charts, and a 10.2% rally over the previous month. Let’s discuss why TRUMP’s price is going up, while most other crypto assets are facing corrections. Source: CoinGecko What’s Behind Trump Coin’s Price Rally? Source: Newsweek Trump Coin’s latest price surge comes amid positive trade talks between the US and China. The crypto market faced its most significant single-day liquidation earlier this month after the two countries engaged in a trade dispute. The market slightly recovered after President Trump said that the two nations would finalize a new trade deal. However, the recent positive trade developments have led to a wider market rally. TRUMP is among the few crypto assets trading in...

Musk’s $1T pay package is heading for a shareholder vote on November 6th, and Board Chair Robyn Denholm is basically threatening that a no vote would trigger an Elon Musk departure. I find this interesting. The shareholder vote Tesla is about to go through could totally reshape the company’s leadership and force the Tesla board decision on finding an internal CEO. Tesla Board Preps CEO Succession Amid Musk $1T Pay Package Vote Tesla CEO succession has become urgent right now as the annual meeting approaches. Denholm only had 10 days to send a letter to shareholders before the vote, and she’s framing it as a survival question for whether Musk will stick around. 10 days until our Annual Meeting on November 6 Watch Board Chair Robyn Denholm on @CNBC explain why this vote is so critical to Tesla’s futurehttps://t.co/t1LJJAiGS8 — Tesla (@Tesla) October 28, 2025 Denholm stated: “Do you want to retain Elon as Tesla’s CEO and motivate him to drive Tesla to be...