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One crypto trader’s journey from investing $113,000 to raising $3.4 million exemplifies the lucrative potential of meme coins on the Base network. Insights from Lookonchain demonstrate this amazing economic feat and highlight the extraordinary profit potential from trading meme coins. Crypto Whale continues to accumulate base meme coins trader started His business was made possible by bridging 38 Ethereum (ETH) worth around $113,000 to Base. They then used 31.6 ETH (approximately $108,000) to purchase 85.36 million DEGEN on March 2nd. Notably, this trader sold 72.73 million DEGEN for 2.83 million USDC and now holds 12.6 million DEGEN worth $600,000. Since…

The highest cryptocurrency price recorded a rebound today as Bitcoin (BTC) price held above the $70,000 level. Additionally, Ethereum price soared above $3,600. On the other hand, other top altcoins such as Solana (SOL) and XRP were notable for their rise.Today's major virtual currency pricesAs of this writing on Monday, April 1st, the price of Bitcoin had increased by 0.61% to $70,523.88. Meanwhile, trading volume increased by 21.07% in the past 24 hours to $20.87 billion. Meanwhile, the market capitalization of virtual currencies boasted $1.38 trillion.Turning to altcoins, the price of Ethereum was up 1.80% at the time of writing…

Last update: April 1, 2024 00:45 EDT | 1 minute read Matt Hogan, head of investments at Bitwise, said he expects the investment firm to become a key player in the Ethereum ETF, but strategically it will not approve the product in a hurry in May, but rather in December. I hope that the product will be approved.In a move aimed at replicating the success of the recent Spot Bitcoin ETF, the company recently SEC filing to launch Spot Ether ETF. This filing positions Bitwise as a potential competitor in the race to bring this product to market.The proposed “Bitwise…

Dive into the world of staking your Resked Swell Ethereum $rswETH with Pendle. Staking allows you to participate in the operation of blockchain networks and earn rewards. Let's take a look at how to start staking Resked Swell Ethereum $rswETH on Pendle.To start staking Resked Swell Ethereum $rswETH on Pendle, you first need to go to the DappRadar staking website.Before embarking on your staking journey, it is important to fully understand the terms, rewards, and risks associated with your chosen platform. By choosing a trusted platform and staking wisely, you can enhance your crypto portfolio through staking rewards.Staking your re-staked…

Bitcoin price is consolidating above the $70,000 resistance zone. BTC may remain range bound for some time before the bulls attempt a move towards $75,000. Bitcoin price is struggling to gain pace above the $71,500 resistance zone. The price is trading above $70,500 and the 100 hourly simple moving average. On the hourly chart of the BTC/USD pair, a short-term uptrend channel is forming with support at $70,750 (data feed from Kraken). A breakout of the $71,500 resistance zone could quickly start a new rally. Bitcoin price remains range bound Bitcoin price has formed a base above the $69,000 resistance…

A person gestures to the crowd from the balcony of the Casa Rosada presidential palace during Inauguration Day in Buenos Aires, December 10, 2023. Libertarian economist Javier Millay was sworn in as Argentina's president on Sunday after a landslide victory in an election fueled by anger over the country's economic crisis. . (Photo by: EMILIANO LASALVIA/AFP) (Photo by: EMILIANO LASALVIA/AFP via Getty Images)AFP (via Getty Images) When anarcho-capitalist and liberal leader Javier Millay seizes power in Argentina in December 2023, his plan to rebuild the national economy and dollarize it will lead to Bitcoin BTC and other cryptocurrencies in the…

The Securities and Exchange Commission (SEC) is considering delaying the anticipated approval of an Ethereum exchange-traded fund (ETF), according to Bitwise Chief Investment Officer Matt Hogan. This development follows Bitwise Asset Management's intention to list a Spot Ethereum ETF. Possible delay in Ethereum ETF approval Bitwise launched the Bitwise Bitcoin ETF (BITB), a Bitcoin spot ETF, on January 11th. Since then, the ETF has enjoyed a meteoric rise, amassing more than $2 billion in assets and ranking fifth in the so-called “Cointacky Derby.” Mr. Hogan shared insights on the explosive growth of BITB and other spot ETFs, highlighting the unprecedented…

Only about 11% of the total ETH supply was available for active trading. Investors were not very willing to part with their ETH holdings. Are you interested in buying Ethereum? [ETH] But there aren't enough sellers on the market? Well, you might not be the only one. ETH liquid supply decreases With an impressive start to 2024, up nearly 57% year-to-date (year-to-date), and the possibility of a spot ETF on the horizon, ETH is currently one of the hottest entities in the crypto market. It might become one. But for the king of altcoins, demand is not a problem. It's…

A widely followed cryptocurrency analyst details when he thinks Ethereum (ETH) and altcoins could outperform Bitcoin (BTC). In a new video update, cryptocurrency strategist Jason Piggino tells his 321,000 YouTube subscribers that the altcoin market is poised for a massive rally on behalf of the ETH/BTC pair. Told. “The market still appears to be built for mega returns of 37x for altcoins. [ETH/BTC] This is a little proxy for altcoin pumps. ” According to Pizzino, if history repeats itself and ETH/BTC behaves the same way it did the last time Bitcoin reached its cycle peak in 2021, traders will see…

As the crypto community awaits Easter weekend, some investors will be looking for the next hidden gem. This is also a critical time for the industry, as the Bitcoin (BTC) halving is just around the corner, potentially providing much-needed fuel to another pump. As it stands, DeeStream (DST) looks like a game changer. This is why Ethereum (ETH) and Litecoin (LTC) investors are betting on DeeStream (DST) for his 130x return. Some investors are wondering whether DeeStream (DST) has what it takes to start one of this cycle's biggest bull runs. Let's look at this in more detail. London Stock…