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A Shiba Inu whale has made mind-blowing profits by buying low and selling high. The whale was an early investor and purchased SHIB on August 6, 2020 a week after its launch. The wallet spent just $3,800 back then and got to accumulate 15.28 trillion SHIB tokens. The dog-themed token was hovering at the $0.0000000009 range when it was added to his wallet. Fast-forward to five years, the whale has made $6.05 million in profits with the $3,800 investment in Shiba Inu. Despite the hefty sale, the whale still holds 2.15 trillion SHIB tokens which is currently worth $52 million and has made an overall profit over the years worth $109 million, according to SHIB data from Lookonchain. Also Read: Here’s Why You Should Consider Holding Shiba Inu Till 2030 The buy low and sell high is the dream of every investor but not everyone can time the market easily. While some miss the bus, the others get in late and incur losses. The stories of small investments turning into millions are aplenty in the br...

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Wall Street Pepe ($WEPE) is gearing up to take over meme coins, launching on Uniswap in just three days. On Monday (February 17), presale investors can claim their tokens at 2 PM UTC. With all the excitement, particularly from early investors who contributed over $73 million to Wall Street Pepe’s presale, many are wondering how $WEPE’s price will perform, especially in the current market environment. One thing Wall Street Pepe has taught us since launching its presale in December 2024 is its consistent ability to defy the market’s downtrend.  Over the past two months, while the meme coin sector dropped from a $137 billion valuation to about $70 billion, Wall Street Pepe has continued to attract fresh capital, averaging over $1 million per day, and has sold out all of its tokens ahead of the presale’s scheduled end. All of this suggests a strong possibility that $WEPE could hit a grand slam on its first trading day, wit...

The cryptocurrency market started the year on a bullish note. Several assets witnessed a notable surge over the past day. But Ripple’s XRP, in particular, stood out. The altcoin managed to climb up the cryptocurrency ladder after it recorded a double-digit rise. But the real challenge is if XRP can continue this trend and reclaim its all-time high over the next couple of days. Also Read: What Does De-bank Mean? XRP’s Meteoric Price Rise Source: Trackinsight Ripple’s XRP surged by a staggering 13.36% over the past 24 hours. During the time of writing, the asset was trading at $2.38. Earlier today, the altcoin surged to a high of $2.44 all the way from a low of $2.09. The asset is currently 37.59% below its all-time high of $3.84. This peak was achieved by XRP about seven years ago, in 2018. Source: CoinMarketCap In addition, the market cap of the asset also spiked. XRP is presently the third-largest cryptocurrency after taking over Tether (USDT). The asset’s marke...

Along with the rest of the market, Ripple’s XRP was also seen making strides. Despite being overtaken by its counterparts, the altcoin hit an eight-month high of $0.73. While the asset continues this hot streak, several investors who missed out on pouring funds into XRP sooner rather than later were calculating their potential profits. This article dives into the asset’s growth over the past decade and the gains made. Also Read: Shiba Inu: This SHIB Investor Turned $3,800 Into $123 Million Revisiting XRP’s Growth XRP made its debut in the cryptocurrency market in June 2012. But in little more than a year, its value skyrocketed, rising from its modest origins to more than 100 times its original worth by 2014. In 2014, which was about ten years ago, the asset was trading at $0.028. XRP even went on to hit an all-time high of $3.84 in 2018. At press time, the asset was trading at $0.6677, witnessing a 4.50% surge over the past 24 hours. Ripple’s cryptocurrency grew ...

The fourth largest bank in Switzerland, Zurich Cantonal Bank, has officially launched both Bitcoin and Ethereum trading. Indeed, the institution from the Central European nation has officially announced the capability for users to trade cryptos along with traditional securities. The bank has announced its users are able to “buy and sell Bitcoin and Ethereum,” while also storing “security-relevant access data.” The bank currently holds assets of more than CHF 150 billion. Moreover, Zurich Cantonal announced cryptocurrency integration into its mobile banking offerings. JUST IN: Switzerland's fourth largest bank, Zurich Cantonal Bank, launches #Bitcoin & Ethereum trading. — Watcher.Guru (@WatcherGuru) September 4, 2024 Also Read: Record ETF Inflows: Bitcoin & Ethereum ETFs Leading the Charge Switzerland’s 4th Largest Bank Launches BTC & ETH Trading 2024 has been a massive year for crypto. Specifically, it’s been vital for the top two tokens by mar...

The New York Stock Exchange (NYSE) is considering implementing cryptocurrency trading, although the current regulatory framework prevents moving forward. As the world’s largest exchange in volume, such development could positively impact the demand for cryptocurrencies—Bitcoin (BTC) included. Looking for insights on the possible effects of an NYSE Bitcoin listing, Finbold asked OpenAI‘s most advanced artificial intelligence (AI) model, ChatGPT-4o, what the BTC price could be following this approval. ChatGPT-4o Bitcoin price prediction in hypothetical NYSE listing Notably, ChatGPT-4o has provided three price predictions for the short, mid, and long terms after receiving the proper context. Picks for you Altseason incoming? Ethereum reclaims key trend line against Bitcoin 49 mins ago ...

BitFuFu, a cryptocurrency mining company, achieved a significant milestone by going public on the Nasdaq stock exchange through a merger with Arisz Acquisition Corp. The company commenced trading on March 1, 2024, using the ticker symbols “FUFU” for its Class A ordinary shares and “FUFUW” for its warrants. The intention to go public was disclosed in early February through documents filed with the Securities and Exchange Commission (SEC). However, on the first day of trading, FUFU faced challenges, with equity mostly remaining stable. The stock opened trading at $6.67 before reaching a daily peak of $8.53. Nevertheless, the stock had declined approximately 4.3% by the market’s close, settling at $6.38. Picked for you Ripple reserves 200 million XRP for March’s sell-off 1 hour ago Brace for strong DOGE surge; Here’s why 2 hours ago How much will MicroStrategy stock be worth if Bitcoin hits $100,000? 1 day ago How rich is the fou...

Swan Bitcoin recently announced numerous new lines of business, including bitcoin-backed lending, venture and private equity investments, and incredibly, a trading fund. Indeed, despite repeated warnings against active trading and an unwavering buy-and-hold message regarding bitcoin, Swan has hired a quant trader from Chicago to actively trade the currency. Fortune Crypto wrote that Swan “deployed” $200 million worth of capital in 2023. In that piece, Fortune publicized Swan’s “$40 million in funding raised in 2023 for expansion efforts.” However, it was initially difficult to determine exactly how much equity Swan sold to raise that capital. That “$40 million in funding raised” number was absent from Swan’s press release and it took several weeks for Swan founder and CEO Cory Klippsten to clarify that the raise was a convertible note that will roll into an upcoming fundraising round. In an email to Protos, Klippsten further explained, “ $16.5 million was in our Seri...

The Securities and Exchange Commission (SEC) of the United States approved 11 Bitcoin spot ETFs on January 10. The recently listed funds started trading on January 11 amid price discovery and volatility. In particular, the cryptocurrency market turned its eyes to the iShares Bitcoin Trust (NASDAQ: IBIT) by BlackRock Inc. (NYSE: BLK). This was given to the relevance of the financial giant and largest global asset manager. The company has been actively investing in Bitcoin-related companies in recent months. Notably, IBIT’s price discovery started in the pre-market, fuelling Bitcoin (BTC) investors’ enthusiasm with initially positive results. BREAKING️ BlackRock's #Bitcoin ETF is trading up +23.35% pre-market. pic.twitter.com/eT8SHJO7hi — Bitcoin Archive (@BTC_Archive) January 11, 2024 BlackRock’s Bitcoin ETF analysis However, the scenario quickly changed for BlackRock’s Bitcoin ETF, as observed in the 5-minute price chart. Opening at $28.05 per share on its first pub...