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The whale, who had held a short Bitcoin position worth over $500 million on Hyperliquid for 8 days, ultimately closed the trade with a profit of over $9 million. The entire event stirred up the investment community.The Whale Closes Positions and Earns a ProfitBy March 18, 2025, the whale had closed all its positions on Hyperliquid. The whale used “Close Short” orders to exit its short positions on Bitcoin and USDC, netting a profit of $9.46 million in just 8 days.This whale has closed all his positions and made a profit of $9.46M in just 8 days.https://t.co/EtI4kinRNE pic.twitter.com/TPxf6MIIqR— Lookonchain (@lookonchain)…

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Crypto.com is facing fresh scrutiny from the cryptocurrency community following its controversial vote to mint 70b CRO tokens, worth about $5b.CRO is the native cryptocurrency of the Crypto.com ecosystem, used for transaction fees, staking and rewards on the platform. The move has fueled fears that the exchange might be secretly insolvent, according to a viral Reddit post by user u/GabeSter on r/CryptoCurrency.The controversy erupted after Crypto.com proposed to remint tokens it had previously burned in 2021. At the time, the company had touted the token burn as a way to solidify CRO’s long-term value by reducing supply. However, on March…

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TUT crypto rallied as high as 180% in the past day ahead of its listing on the crypto exchange KuCoin today. According to data from CoinGecko, Tutorial (TUT) rose to an intraday high of $0.037 up over 180% from the previous day.  The gains extended its weekly profits to a massive 2,800%, making it a top-performing altcoin over the period. Its daily trading volume stood almost double the previous day at $43.8 million, while its market cap was seated at $21.5 million. The altcoin rallied after crypto exchange KuCoin announced the addition of a USDT trading pair for the TUT…

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Trump-linked WLFI sold $550M tokens to early investors  Project made a test WLFI token transfer, sparking speculation of a likely public offering President Trump-linked World Liberty Financials (WLFI) has finalized its second round of token sales, bringing the total raise to $550M.  During the first round, the DeFi project netted $300M from sold WLFI tokens and $250M in the second phase. Now, the project’s valuation is around $5 billion, as per data from ICO Drops.  Reacting to the sales, WLFI’s Co-founder Zach Witkoff stated that the project would supercharge DeFi. “This milestone proves that those who truly understand crypto and…

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A cryptocurrency expert thinks that XRP might overtake Ethereum in market value in the next three months, which could threaten Ethereum’s position as the second biggest cryptocurrency. This claim has triggered arguments in the cryptoverse, with some people doubting…

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Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 CryptoPunks 475.41 ETH 7 ethereum View 2 Good Vibes Club 245.28 ETH 460 ethereum View 3 Pudgy Penguins 119.34 ETH 13 ethereum View 4 SMB Gen2 0.00 ETH 80 solana View 5 OnChainShiba 112.70 ETH 7 ethereum View 6 Autoglyphs 100.00 ETH 1 ethereum View 7 Frogana 0.00 ETH 1181 solana View 8 Fidenza by Tyler Hobbs 63.37 ETH 2 ethereum View 9 Lil Pudgys 62.37 ETH 62 ethereum View 10 OKX NFT Creation 57.64 ETH 58 polygon View…

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Homepage > News > Business > PH Innovation Hub to transform Marikina into startup powerhouse Imagine a space where a food entrepreneur can test a recipe, a gaming startup can develop its next blockbuster, and a blockchain pioneer can pitch to investors—all under one roof. That’s the vision behind a new innovation and startup hub in the city of Marikina in the Philippines, a groundbreaking initiative proposed by Congresswoman Stella Quimbo and led by the Philippine Innovation Hub, aiming to revolutionize the country’s startup ecosystem. While its official name has yet to be finalized, the facility is set to play…

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Currently trading at $2.25—after experiencing a 3.73% decline in the last 24 hours and an 18.23% drop over the past 30 days—XRP remains one of the most closely watched altcoins. Market sentiment has been mixed recently. While short-term bearish indicators have emerged, some technical analysts see signs of consolidation, suggesting that a modest rebound might be on the horizon. XRP Price Analysis The immediate support is firmly established at $2.25—a level where significant buying interest has been noted. Additionally, if a downturn occurs, the next support zone could be around $2.00, a psychological level that has historically held firm during…

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Crypto firm Bakkt’s share price has closed March 18 trading down over 27% after it disclosed that two of it biggest clients, the Bank of America and Webull, won’t renew commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when the deal expires on April 22. It also disclosed that the brokerage platform Webull had also decided not to renew its agreement when it ends on June 14. Bank of America represented 17% of Bakkt’s loyalty services revenue in the nine months ending Sept. 30, 2024, according to…

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Ethereum (ETH) has officially lost the $2,000 mark, plunging to its lowest levels since October 2023 as selling pressure intensifies. The price recently dropped as low as $1,750, marking a dramatic decline from its December 2024 high of $4,100. This 57% crash has created a difficult environment for bulls, with Ethereum struggling to find support amid broader market weakness. The crypto market downturn has left ETH vulnerable, with investors concerned about further downside risks. With macroeconomic uncertainty and bearish sentiment dominating, Ethereum remains in a fragile position, failing to reclaim key resistance levels. On-chain data from CryptoQuant reveals that Ethereum…

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