Author: dfmines

Cryptocurrency News and Public Mining Pools

Altcoins Take Main Stage as Ethereum (ETH) Shoots Past $2.5K (Weekend Watch)

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What is the Best Crypto Card ever?

Hey guys! I am currently on the search for a crypto native card and I wonder what is the best one in terms of fees, benefits and security aswell ofc. I am from Switzerland and have used CryptoCom Card in the past, but I dislike that I cannot spend CHF, only EUR. Now i saw…
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Visa tokenized Asset Platform + AI

In 2024, Visa launched its Tokenized Asset Platform. The article below outlines Visa's plans to collaborate with BBVA to issue tokens on the public Ethereum blockchain, with live pilot programs expected in 2025. https://investor.visa.com/news/news-details/2024/Visa-Introduces-the-Visa-Tokenized-Asset-Platform/default.aspx It seems Visa is finally moving forward with a real-world application of tokenization and AI agents. The CEO doesn’t mention Ethereum…
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Vyvo COO: AI’s Next Step – Becoming a Tool for Self-Awareness

Mariana Krym, an expert in disruptive technologies, envisions a future where artificial intelligence goes beyond simple task execution, evolving into an “emotional mirror” that helps users navigate their emotions and self-awareness. She believes that AI should recognize subtle emotional cues and help users gain insights into their feelings. Artificial Intelligence As an ‘Emotional Mirror’ Mariana […]

Daily General Discussion – May 11, 2025

Welcome to the Daily General Discussion on r/ethereum https://imgur.com/3y7vezP Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2 Please use this thread to discuss Ethereum topics, news, events, and even price! Price discussion posted elsewhere in the subreddit will continue to be removed. As always, be constructive. – Subreddit Rules Want to…
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BONK Poised For Liftoff As Bulls Target Long-Term SMA Breakout

According to crypto analyst CryptoS6, BONK is approaching a critical juncture as it tests the 200-day Simple Moving Average (SMA) at approximately $0.0000238, a level that has historically acted as a strong resistance during downtrends. A decisive break and sustained move above this long-term indicator could signal a significant trend reversal, effectively marking the end of BONK’s prolonged bearish phase. CryptoS6 emphasizes that reclaiming this level would validate bullish momentum and reestablish buyer dominance, setting the stage for an extended rally. Breaking The Long-Term SMA: Why This Level Matters In a recent update on X, popular crypto analyst CryptoS6 pointed out that BONK is flashing signs of a significant technical shift. The price is currently testing the 200-day SMA at $0.0000238, an area widely regarded as a major trend-defining level. Reclaiming this zone would mark BONK’s first serious bullish reversal since early Q1, signaling that buyers are regaining control after months of sideways or bearish pressure. Such a shift in control could ignite renewed investor interest and set the stage for an extended rally. Related Reading: BONK Symmetrical Triangle Squeeze: Is A Mega Breakout Imminent? What makes the setup even more interesting is the minimal resistance standing between the current price and the 0.5 Fibonacci retracement level at $0.0000348. According to CryptoS6, this area often becomes a magnet for breakout-driven momentum, creating room for swift upward moves. If BONK can firmly close above the 200-day SMA, the probability of a stronger rally increases dramatically, as traders are likely to pile in behind the move. CryptoS6 didn’t hold back from making a bold projection either. He suggested that BONK’s chart is setting the stage for what could be a “God Candle” explosive move, a vertical price move that would rapidly push he token from $0.000025 to $0.00004.  BONK 3-Way Confirmation: Volume, Trend & History Say ‘Go’ CryptoS6 firmly emphasized that a combination of growing volume, strong trend alignment, and striking historical pattern symmetry reinforces the case for a major breakout in BONK.  The recent surge in volume is not just noise; it reflects increasing market participation and suggests that accumulation is underway, often a precursor to a significant price move. Meanwhile, BONK’s price action is aligning with key moving averages, particularly as it eyes a reclaim of the 200-day SMA, a critical indicator of long-term trend shifts. Related Reading: BONK Flashes Buy Signal After Crashing 40% In One Week – Time To Get In? In conclusion, CryptoS6 described the setup as “clean,” meaning the chart offers a well-defined structure and reliable levels for both entry and risk management. With momentum continuously building and minimal resistance ahead, the risk/reward profile remains highly favorable. Featured image from Shutterstock, chart from Tradingview.com

Take profit or hold?

I bought some ETH at $1,700 – nothing life changing, $5,000 – so I made a fairly decent profit. I am very tempted to sell the lot, but at second thought I wanted to just take the profit. My strategy line of thought: if ETH goes down, I’m left with the cash and possibly buy…
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3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play

Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5 million TRUMP tokens on May 10, 2025. That stash is valued at roughly $52.66 million across multiple exchange platforms. When so much enters exchanges all at once, it can trigger massive price movements and increased volatility. Traders indicate they’re paying close attention to order books to determine if prices will fall. Meme-coin community tension is building. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Massive Token Transfer Between Exchanges According to reports, the 3.5 million‑token decrease was allocated on four key platforms. 1.5 million tokens worth approximately $22.41 million were given to Binance. 1 million tokens, worth around $15.06 million, were distributed to OKX. Both Bybit and Coinbase received 500,000 tokens, approximately worth $7.53 million and $7.48 million, respectively. The wallet linked to the $TRUMP team just deposited 3.5M $TRUMP($52.66M) into exchanges again.https://t.co/9nc4YjTvxEhttps://t.co/Y8lStmCWyw pic.twitter.com/alY3TRv1oz — Lookonchain (@lookonchain) May 10, 2025 Such distribution might facilitate availability for trade or be a starting point in selling. Using the top exchanges’ choice shows the owner’s accessibility. Statistics come directly from the public blockchain. Market Maker Joins The Fray Simultaneously, market maker Cumberland DRW transferred 300,000 tokens to OKX for approximately $4.4 million. Combined with previous deposits, over $24 million worth of TRUMP tokens flowed onto exchanges in recent days. Chain observers noted the timing, as the activity preceded a high-profile political reception on May 22. Some investors are concerned it is a sign of a group exit strategy among large holders. Others point out that market makers will frequently swap tokens to hedge against risk and balance order books. Either situation keeps eyes fixed on the next giant transfer. WLFI Increases Crypto Holdings Meanwhile, a wallet associated with World Liberty Financial purchased 1,587 ETH for approximately $3.5 million. It also acquired 9.7 wrapped Bitcoin, valued at approximately $1 million. That spree comes on the heels of another $19.58 million token deposit that appeared on exchanges on April 29. A wallet likely linked to #Trump’s World Liberty(@worldlibertyfi) bought 1,587 $ETH($3.5M) and 9.7 $WBTC($1M) ~30 minutes ago.https://t.co/0qWkRUhm0D pic.twitter.com/KaYsTQrQ6G — Lookonchain (@lookonchain) May 9, 2025 WLFI is associated with a political figure, which adds to the hype surrounding the TRUMP token. Analysts say this action indicates the group is serious about holding and transferring large amounts in crypto. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Price Movements Indicate Volatility Despite sell-off fears, TRUMP increased 2.50% over the last 24 hours and was trading at $14.09 at press time. That’s lower than a recent high of $15.15. The token’s market cap is close to $2.85 billion and 24‑hour volume is almost $2.77 billion. Large transactions on the chain such as these will usually initiate quick changes in price. Traders will have their eyes glued on exchange books and social media feeds in the next few days. If another whale decides to shift tokens, markets will respond in an instant. TRUMP token is still at the mercy of its largest holders and the timing of their trades for now. Featured image from Unsplash, chart from TradingView

Florida Teens Charged in $4M Las Vegas Crypto Kidnapping

Florida teenagers are facing charges of kidnapping and stealing $4 million in cryptocurrency and non-fungible tokens. Teenagers to Be Tried As Adults Three Florida teenagers are reportedly facing charges of kidnapping and stealing $4 million in cryptocurrency and non-fungible tokens (NFTs) from a Las Vegas-based man. The suspects have been identified as Belal Ashraf and […]

Coinbase considered Saylor-like Bitcoin strategy before opting out: Bloomberg

Coinbase reportedly considered adopting a Bitcoin investment playbook like Michael Saylor’s Strategy on multiple occasions, but decided against it each time out of fear that it would kill the firm’s crypto exchange, Bloomberg reported.“There were definitely moments over the last 12 years where we thought, man, should we put 80% of our balance sheet into crypto — into Bitcoin specifically,” Coinbase CEO Brian Armstrong told Bloomberg in a May 9 video call.Armstrong said the Bitcoin (BTC) strategy could have risked the company’s cash position and potentially killed the crypto exchange. “We made a conscious choice about risk,” he added.Coinbase Chief Financial Officer Alesia Haas, who also attended the video call, added that the firm didn’t want to be seen as directly competing against its customers over which cryptocurrencies would outperform. “Rest assured, we are not stopping there,” Haas said, as Coinbase reported purchasing another $153 million worth of crypto assets in its first quarter results statement on May 8, which was primarily concentrated in Bitcoin.According to BitcoinTreasuries.net, Coinbase holds 9,480 Bitcoin — worth $988 million at current market prices — which makes up the majority of its $1.3 billion crypto asset holdings.Armstrong’s crypto exchange is the ninth-largest corporate Bitcoin holder, trailing the likes of Strategy, Bitcoin miner MARA Holdings and Tesla.Related: $45 million stolen from Coinbase users in the last week — ZachXBTSeveral companies have begun copying Saylor’s Bitcoin playbook, funding purchases through stock and debt sales on the bet that Bitcoin’s price appreciation will boost their share prices.Over 100 public companies have now reported holding Bitcoin around the world, while another 40 exchange-traded fund issuers, 26 private firms and 12 nation states have also reported holding the cryptocurrency.Source: Mitchell AskewCoinbase deepens derivative offerings through Deribit acquisitionOn May 8, Coinbase agreed to acquire crypto derivatives platform Deribit for $2.9 billion, marking the industry’s largest corporate acquisition to date. The acquisition will expand Coinbase’s footprint in the crypto derivatives market immensely, which previously had been limited to its Bermuda-based platform.Coinbase noted that Deribit facilitated over $1 trillion in trading volume in 2024 and has around $30 billion of current open interest.The deal now makes Coinbase the “global leader” in crypto derivatives trading, the firm said.Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight