Crypto Bubble
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Trader made $26m investing in Solana meme tokens
During the recent meme coin boom, a trader has reportedly made over $26 million in profits trading tokens on Solana.
According to Lookonchain analysts, on Nov. 11, 2023, paulo.sol noticed the increase in the price of Bonk (BONK) and invested in the asset. While engaged in swing trading, the trader earned about $6.28 million from price fluctuations.
The user then started buying and trading Dogwifhat (WIF) on Dec. 4, 2023, followed by Jeo Boden (BODEN) in March. Both times were moments when meme coins began to rise sharply.
In total, paulo.sol earned a profit of $9.51 million and $7.04 million on the two coins trading at higher prices. Currently, the trader holds positions in BODEN for $7.6 million and in WIF for $5.7 million.
On the back of these gains, the trader has continued to add new coins to their collection. The crypto trader also recently purchased 9.3 million in Popcat, valued at $4.9 million, becoming the second-largest holder of the token.
Storyfire (BLAZE) to Be Listed on 25 April
Storyfire native token $BLAZE will be listed tomorrow on MEXC, Gate at 12:00 PM UTC and on PancakeSwap at 12:05 PM UTC. Storyfire has recently concluded its IDO on Decubate and got sold out within 8 Seconds, and completed guaranteed sale on AiTechPad and will host FCFS round tomorrow. The IDO price of the $BLAZE token is $0.0004, initial MCap is $627,429 and Total Supply is 20B $BLAZE. Storyfire has recently completed its Investment round backed by Octavia Ventures, Genesis Capital, TGE Ventures and GDA Capital.
StoryFire is a platform combining SocialFi, GameFi, and DeFi into a unified experience, simplifying connections between gaming, social media, and decentralized finance. Features include StoryFire Oasis for metaverse experiences, StoryFire SocialFi with an AI content creation tool, and StoryFire DeFi for $BLAZE token interoperability.
The results of the contest will be announced on May 6th, 2024
Hong Kong's Bitcoin and Ethereum ETFs Approved for Trading, Set to Begin on 30 April
Hong Kong has officially approved six crypto-based spot ETFs, including three spot bitcoin and three spot ether ETFs, for trading starting April 30. This move positions Hong Kong as a hub for digital assets.
Woo X Exchange Introduces Tokenized T-Bills for Retail Investors
Woo X cryptocurrency exchange has launched tokenized United States Treasury Bills (T-Bills), offering retail investors the opportunity to earn yield through its RWA Earn Vaults. These vaults, backed by T-Bills, provide annual percentage rates (APR) between 4.5% and 4.7% to USDC holders.
Tether's Launch on TON Blockchain Sees 'Great Start,' CEO Says, Reaching $60M
$60 million worth of Tether (USDT) has been issued on The Open Network (TON) since April 19, making it the 11th largest blockchain for Tether. Tether also launched the gold-pegged Tether Gold (XAUT) stablecoin on TON. According to Tether's Transparency report, the authorized supply issued on TON has grown to $60 million as of April 22.
Grayscale Unveils 0.15% Fees for Its Bitcoin Mini Trust ETF
Grayscale has introduced its Bitcoin Mini Trust (BTC) with a lower fee of 0.15% compared to GBTC's 1.5%. The BTC trust will receive 63,204 bitcoin, or 10% of existing GBTC assets. This move allows GBTC shareholders to switch to the new fund without incurring capital gains tax. Grayscale's assets under management currently amount to approximately $19.6 billion.
Mike Tyson joins boxing blockchain project
Boxing legend Mike Tyson has partnered with the blockchain project for boxers Ready To Fight.
According to a press release, the strategic alliance comes as Ready To Fight (RTF) prepares to list its own RTF token on four cryptocurrency exchanges. Tyson has joined the platform as a brand ambassador to “revolutionize the boxing ecosystem.”
The RTF project is led by heavyweight champion Oleksandr Usyk and a team of advisors and ambassadors dedicated to shaping the future of boxing. The project bills itself as a blockchain-enabled social network that seamlessly connects fighters at all levels with key industry stakeholders.
RTF is not Mike Tyson’s first initiative in the field of blockchain. In August 2021, the famous boxer put up a collection of non-fungible tokens (NFTs) for sale on the OpenSea marketplace. Emerging digital artist Corey Van Lew created the limited edition NFT token in collaboration with Tyson.
Later, in April 2022, the former heavyweight champion listed his Mystery Box NFT collection via Binance’s NFT marketplace. By participating in the sale, boxer’s fans could unlock ownership of signed Tyson merchandise, including gloves, shorts, T-shirts, warm-up gear, and other autographed items.
OneCoin Lawyer Receives Bail While Awaiting Appeal of Conviction and 10-Year Sentence
Mark Scott, a lawyer convicted for fraud and money laundering in connection with the OneCoin crypto scheme, has been granted bail pending an appeal. This decision follows his sentencing to 10 years in prison three months ago.
Binance May Reenter Indian Market by Paying $2 Million Fine, Report Says
Binance is reportedly planning to re-enter India by paying a $2 million fine, as per the Economic Times. The exchange was previously removed from the country, along with others, following compliance issues and notices from India's Financial Intelligence Unit (FIU).
1intro LBP Public Sale Ending in Less Than 4 Hours
1INTRO has launched $INTRO LBP Public Sale, the first LBP on the 1LBP platform, the sale has been started from 14 Apr. The sale Ending in Less Than 4 Hours, offering 200M $INTRO tokens. All the LBP Participants will receive Airdrop from 1intro. More details related to the Airdrop will be revealed soon.
1intro is a platform at the intersection of finance and innovation, focusing on AI-enhanced liquidity. They are developing a platform for LBPs and a Dex that aims to be intelligent and user-centric. 1INTRO has introduced $INTRO, its governance token, allowing active participation in governance and incentives.
Bored Ape Yacht Club's Floor Price Hits Lowest Point Since 2021, Down Over 90% from All-Time High
The floor price for Bored Ape Yacht Club (BAYC) NFTs has dropped to its lowest level since August 2021, reaching 10.9 ether (about $34,000) on Monday. This decline comes amidst a broader downturn in the NFT market. Despite its previous success and celebrity endorsements, BAYC has been affected by the overall market trend.
Germany's Largest Federal Bank, Landesbank Baden-Württemberg, to Offer Cryptocurrency Custody Services
Landesbank Baden-Württemberg, Germany's largest federal bank, is set to provide cryptocurrency custody services in collaboration with Bitpanda exchange due to growing demand from its corporate clients for digital assets.
Bitcoin ETFs see $55m net outflow, as BTC drops to $65k
Spot Bitcoin ETFs, or exchange-traded funds, saw a net outflow of $55 million on Friday, April 12.
According to data from SoSo Value, the largest outflow on Friday came from Grayscale’s GBTC, which saw $166 million withdrawn.
GBTC continues to see large outflows ahead of the halving, as the ETF also shed $154.9 million on Monday, April 8.
Conversely, the largest inflow on Friday came from BlackRock IBIT, with the ETF attracting $111 million.
The impact of Friday’s outflow has been evident in the crypto market. Bitcoin lost nearly 5% in the past 24 hours, dropping to $65,000. The overall market followed suit, as nearly $900 million was liquidated.
Bitcoin ETFs saw three days of net outflow last week, with a total of $298.4 million in funds exiting from the market.
It won`t get any better
Look no further for universal investments. @IVEX_token got you!
Everyone is trembling before their ICO! The queue of investors is growing, and free points are limited
Guys, the project is sponsored by several European funds.
And there is more…
IVEX expected investment amount has already exceeded threefold!!!
#Investment #ICO #IVEX
Don’t you miss those updates:
https://t.me/IVEX_OfficialChat
https://t.me/ivex_token
https://www.instagram.com/ivex_token/
https://twitter.com/ivex_token
Nuklai to Be Launched on Gate Startup & Multiple Launchpads
Nuklai has announced that its native token, $NAI, will have its IDO hosted on ChainGPT Pad, Ape Terminal, and WePad starting from 10 April. The IDO price is set at $0.003, with initial Mcap of $3M and a total token supply of 10B $NAI.
Nuklai is also Launching on Gate Startup starting from 15 April. The Allocated supply for Gate Startup is 13,333,334 $NAI.
Nuklai is a Layer 1 infrastructure provider for data ecosystems, empowering next-gen AI. Their marketplace enables new revenue streams from untapped data, unifying the fragmented data landscape for better processes & new business opportunities.
Token Info:
— Price: $0.003
—Initial MCap: $3M
—Total Supply: 10B $NAI
—Network: Avalanche
Launchpads:
—Ape Terminal:
—Subscription: 10 Apr - 15 Apr
—Snapshot & Lottery: 15 Apr
—Redemption: 17 Apr
—Total Raise: $360K
ChainGPT Pad:
—Subscription: 12 Apr - 13 Apr
—Swap: 15 Apr
—CLAIM: TBA
—Total Raise: $150K
—Refund Term: 7 Days
$NAI will be listed on Gate Exchange on 17 Apr.
Uniswap nosedives 16% on news of Wells notice
Uniswap‘s token UNI has dropped 17% following a lawsuit notice from US regulators sinking to $9.27, its lowest since late February.
The latest decline coincided with the exchange receiving an official investigation Wells notice from the SEC.
The market cap of UNI token saw a 17% loss in the hours since the news broke, with the token now trading at $5.54 million, according to data from CoinMarketCap.
Uniswap Labs founder Hayden Adams expressed his frustration and readiness to contest the SEC’s action foreseeing a lengthy legal battle that could reach the Supreme Court.
Uniswap contends that UNI does not constitute a security and thus falls outside the regulatory scope of a securities exchange or broker, a stance outlined in a recent blog post without detailing the Wells notice.
Bill Hughes, Consensys’ Senior Counsel and Director of Regulatory Matters discussed the process required for the SEC to officially file a lawsuit, noting that approval from the agency’s five commissioners is necessary.
“We all know that the Chair wants to sue them, and two commissioners are NOT going to disagree, and two will disagree,” Hughes wrote. “So a suit is a foregone conclusion, but there isn’t a suit yet.”
Omnia Protocol Private Sale Live on ChainGPT Pad
Omnia Protocol $OMNIA private sale (Guaranteed Round) is live now on ChainGPT Pad and will last till Tomorrow 10 April, 12 PM UTC. $OMNI Token Private round Price is $0.28, raising a total of $300K for this round and Total Supply is 100M.
Omnia Protocol is a decentralized infrastructure protocol designed to ensure secure access to the blockchain, protecting blockchain applications and wallets from single points of failure. Additionally, Omnia allows individuals to earn rewards by hosting and maintaining nodes on specific blockchains. The protocol emphasizes privacy, providing untraceable access to the blockchain.
Binance CEO considers several jurisdictions for selecting the exchange's headquarters
Binance CEO Richard Teng is exploring potential jurisdictions for the exchange's headquarters but has not made a final decision. He highlighted the complexity of factors involved, including regulations and taxation. Teng hinted at an upcoming announcement regarding the headquarters and discussed challenges related to global regulations and efforts to secure the release of a Binance executive detained in Nigeria.
Ripple CEO Forecasts Crypto Market to Reach $5 Trillion by End of 2024
Ripple CEO Brad Garlinghouse predicts the cryptocurrency market could surpass $5 trillion this year, citing factors like the launch of U.S. spot bitcoin ETFs and the upcoming bitcoin "halving." He believes these trends will attract institutional money, driving up demand while supply decreases. The current market cap is around $2.6 trillion, so doubling would mean a total of $5.2 trillion.
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