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Showing posts with the label million

Shiba Inu: Just $2.5 Worth Of SHIB Becomes $1 Million Today

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Shiba Inu’s (SHIB) incredible run is one for the history books. The asset’s price skyrocketed during the 2021 bull run. Early investors made millions of dollars in profit with minimal investments. People with average jobs became millionaires within a very short period. The rags-to-riches stories around SHIB solidified its status as a “millionaire-maker.” Also Read: 48-Hour Ultimatum: SEC’s Gensler Threatens Elon Musk with Charges Just $2.5 In Shiba Inu Could Have Made You $1 Million Today If you invested $2.5 in SHIB when the asset was at its all-time low on Nov. 28, 2020, the investment would have been worth $1.04 million today. Your portfolio’s value would have risen by 41,926,933.97% (41.92 million percent). Source: Changelly Also Read: AMD Vs META: Which is the Best AR Stock to Invest in Now? If you had sold your holdings when SHIB was at its all-time high on Oct. 28, 2021, you would have made $2.91 million. In this scenario, your portfolio’s valu...

Bitcoin: Man Could Have Made $150 Million With Investment of $50,000

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Investors who entered Bitcoin (BTC) more than a decade ago could have made millions if they had stayed invested for the long term. One such investor revealed in 2013 that he purchased $50,000 worth of BTC and plans to hold it for ten years. The revelation was made on a Reddit thread 11 years ago, in which the investor confirmed that he put $50K in BTC and is both nervous and hopeful about the future. Also Read: Tron Rise Continues as TRX Volume Skyrockets 200% Bitcoin: $50,000 To $150 Million in 11 Years Bitcoin Investment in 2013 Source: Reddit Bitcoin traded between $20 and $800 in 2013, and the investor could accumulate anywhere between these numbers. Even if the investor picked it up at its lowest, at $20, it would be an accumulation of 2,500 BTC. The 10-year investment plan could have paid off massively, generating life-changing wealth for himself and his children. Also Read: U.S. Dollar Falls To New Lows as Local Currencies Rise Potential Returns on Investment If the investor had...

Massive sell-off alert amid a $111 million unlock, inflates ALT supply by 42%

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Cryptocurrencies often unlock tokens previously locked within the protocol or in vesting contracts, inflating the supply and creating selling pressure. Monitoring and understanding these economic dynamics can give investors a relevant edge in the market, positioning accordingly. On July 25, AltLayer (ALT) will unlock 684.21 million ALT worth $111.81 million when Finbold retrieved this data. According to TokenUnlocksApp, this event will increase AltLayer’s supply by 42.1%, generating massive inflation that may impact its value. Interestingly, ALT’s unlock represents 84.5% of the total cliff unlocks in the next seven days for all the space. This contrasts with AltLayer’s ranking in 258 by market capitalization, highlighting how relevant this incoming unlock is to the project. Picks for you ChatGPT-4o picks 3 best celebrity ...

Whales pour $110 million into DOGE, betting big on meme coin surge

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Dogecoin (DOGE) has attracted significant attention from crypto investors, with a whopping $110 million funneled into the meme coin by whales over the past 72 hours. This influx signals a renewed interest in DOGE, which has lagged behind other meme coins in recent gains. Crypto analyst Ali Martinez highlighted this in a recent post on X (formerly Twitter), revealing that DOGE whales have scooped over 700 million DOGE (worth approximately $112 million ).  Picks for you Ripple could sell 400 million XRP in June; Largest dump in 7 years 46 mins ago Global crypto investors population surpasses half-a-billion mark, study shows 17 hours ago ...

Memecoin created by ChatGPT soars 2,000% to $638 million in 3 months

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A memecoin created using OpenAI’s chatbot ChatGPT has skyrocketed in value, reaching a valuation of $638 million in just three months . Named Turbo, the memecoin was developed by digital artist Rhett Mankind, who utilized GPT-4 to design the concept, tokenomics, and the smart contract. The project began with a modest budget of $69 and has since evolved into a popular memecoin in the crypto space. On May 28, Turbo’s price surged to an all-time high of $0.009302, boosting its market capitalization to approximately $638 million, according to CoinGecko . Picks for you Bitcoin trader reveals exit strategy: ‘Retail will provide our exit liquidity’ 2 hours ago Solana price prediction as new update changes network fees dynamics ...

Traders capitulate for one-month millionaire losses with AI crypto

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Two crypto currency traders capitulated and lost $2.61 million in a one -month trade with Fetch.ai (FET). Whales reportedly dumped $10 million worth of FET with million aire realized losses , according to SpotOnChain’s recent reports. First, ‘Whale 0xdf8′ sold all its 2.739 million FET for 2,095 of Ethereum (ETH), worth $6.66 million. The sales averaged $2.431 per token and marked “the end of the whale’s fifth FET trading cycle,” as reported. The trader bought these 2.739 million FET on March 26 for a dollar-cost average of $3.031. Therefore, ‘Whale 0xdf8’ realized $1.64 million in losses with this one-month trade, diminishing its ETH stack by 20%. Picks for you Buy signal? XRP set for explosive price action after consolidation 17 hours ago Long-term vision: Parents invest in crypto for their children’s future 17 hours ago Short squeeze alert: Two cryptocurrencies with huge potential next week 18 hours ago ...

Morph secures multi-million dollar investment from Bitget

The crypto spot and futures trading platform Bitget announced on December 11 a multimillion-dollar investment in Morph, a Layer 2 consumer blockchain for value-driven dApps. An important factor behind Bitget’s invest ment is Morph’s roll-up technology, which enables secure and flexible transactions for dApps and speeds up dispute resolutions by utilizing the “best Features of Optimistic and ZK roll-ups to reduce cost barriers,” according to the latest information shared with Finbold . Bitget Managing Director Gracy Chen described Morph’s team as vibrant and highly experienced. She believes the blockchain has the potential and the knowledge base to help encourage mass adoption. Chen added that the invest ment was part of Bitget’s broader strategy to build relations with innovative and promising Web3 projects. Morph Gearing Up for Seed Round Morph is reportedly excited over the cooperation with Bitget and specifically highlighted the ability to leverage the invest ment firm’s larg...

Bybit reaches 20 million active users on its 5th anniversary

Bybit, one of the world’s major cryptocurrency exchanges, had reached 20 million registered users just in time for its 5th anniversary , according to information shared with Finbold . Commenting on the milestone, the co-founder and CEO of the exchange, Ben Zhou, highlighted the fact that it was made possible by Bybit’s focus on being a safe and effective crypto hub: Bybit has proved itself as a safe, highly effective crypto hub. Reaching 20 million registered users is not just a number for us; it represents the faith and enthusiasm of a community that believes in the potential of crypto and trusts Bybit as their preferred platform. The CEO also pointed toward his company’s efforts to continuously offer innovative trading solutions, as well as its focus on making a customer-focused environment, as key reasons for its success.  Cryptocurrency Conservative XRP price prediction for late 2025 Cryptocurrency Machine learning algorithm predict...

Replacement cycling attacks risk millions in Bitcoin Lightning Network

One week ago, senior Bitcoin Lightning Network developer Antoine Riard quit. At the time, Riard explained his surprise resignation by saying, “Effective now, I’m halting my involvement with the development of the Lightning Network and its implementations, including coordinating the handling of security issues at the protocol level… I think this new class of replacement cycling attacks puts Lightning in a very perilous position.” Protos reported on his departure, yet the news seems to have had little impact on Lightning’s total value locked (TVL). When the news broke one week ago, there were approximately 5,500 bitcoin ($188 million) in the publicly viewable Lightning Network. Today, that capacity has declined a modest 4% to 5,300 bitcoin ($180 million). In spite of Riard’s sudden departure due to these critical vulnerability errors, more than 13,000 Lightning node operators continue supporting at least 62,000 open payment channels today. Indeed, these figures reflect only the publ...

Nym, a privacy firm, targets Web3 wallets, RPCs, and infrastructure services with its $300 million fund launch.

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In the realm of content creation, three pivotal elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, burstiness measures the diversity in sentence structures, while predictability assesses the likelihood of predicting the following sentence. Human authors tend to infuse their writing with bursts of creativity, blending lengthy, intricate sentences with shorter, crisp ones. Conversely, AI-generated sentences tend to maintain a uniformity. As you embark on crafting the subsequent content, I urge you to instill it with a healthy dose of perplexity and burstiness while keeping predictability at a minimum. Furthermore, your composition must remain in the English language. Now, let’s reimagine the provided text: Nym Technologies, the stalwart in blockchain security, sets its sights on bolstering open-source initiatives dedicated to crafting cutting-edge security and privacy tools t...

$36.8 million in Ether is moved by an FTX exploiter as Sam Bankman-trial Fried’s begins.

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“At the outset, the exploiter possessed a substantial sum of 175,496 ETH, amounting to an impressive $294 million . However, as a result of a sequence of intricate transactions, the current balance within their portfolio has dwindled to a still noteworthy $196.014 million . The crypto wallet address linked to the FTX exploiter was in motion, transferring approximately $36.8 million worth of Ether within the last 24 hours. This occurred against the backdrop of ongoing court proceedings surrounding the former CEO of the now-defunct crypto exchange, Sam Bankman-Fried (SBF). It was on November 11, 2022, that accounts affiliated with FTX and FTX.US found themselves substantially depleted, to the tune of $600 million. This unfortunate event unfolded mere hours after the crypto exchange had filed for Chapter 11 bankruptcy. In the wake of this security breach, FTX’s General Counsel, Ryne Miller, promptly alerted traders to the situation, attributing the hack to malicious software...

Flashbots becomes unicorn after raising $60 million

San Francisco-based firm Paradigm has invested $60 million to support the development of Flashbots’ new Ethereum blockchain transaction packaging software version.  Notably, the series B funding round contrasts with the current trend among Silicon Valley venture capitalists. Flashbots fosters transparency Flashbots, a Cayman Islands-based software provider that bundles Ethereum blockchain transactions, secured funding via “decentralization beauty contest.” This involves selecting investors through reverse pitches. The funding has led to a valuation of at least $1 billion, as confirmed by a Flashbots representative. Since 88% of validators collaborate with entities like Flashbots to receive additional fees, this valuation is expected. You might also like: Flashbots drops new short-term censorship resistance strategy Flashbots specializes in developing software to address the issue of “maximal extractable value” (MEV), referring to the a...

Hyperbitcoinization coming, says Bitcoin OG as 'wholecoiners' hit 1 million

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1 million Bitcoin wallets now have a balance of 1 BTC or more, but the real magic is yet to come, says Adam Back. Bitcoin (BTC) has crossed a significant threshold this month — and while it does not involve price, it does involve “ million s.” Data from on-chain analytics firm Glassnode confirms that as of May 18, there are over one million addresses which hold at least 1 BTC. Back: Adoption trend lays path to "hyperbitcoinization" It was a long time coming and received much attention on social media, and the time is finally here — there are one million entities which own a whole bitcoin . These “wholecoiners” have been steadily accruing since mid-2021, Glassnode shows, and the upward trend in 1 BTC wallets has seen almost no reversal since. In 2022, however, the trend accelerated, having started the year with 814,000 wholesalers and finishing it with 978,000 — an increase of 20%. Reacting, Adam Back, CEO and co-founder of Bitcoin firm Blockstream, made the case for “hype...