Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

PEPE Whale Makes $8.13M In Profit As Bullish Rally Continues

Pepe coin (PEPE) has been showing an incredible performance alongside the rest of the crypto market. This weekend, the two biggest cryptocurrencies, Bitcoin and Ether, displayed remarkable price growth. BTC keeps reaching new all-time highs (ATH), and ETH surpassed the $4,000 mark for the first time in two years. Similarly, PEPE joined the party after hitting a new ATH over the weekend, which prompted whales to take profit on their bags. Related Reading: Pepe Coin Soars Over 250% – Will March Bring More Surprises? Whale Makes Big Profits After Price Surge After its launch in April of last year, the frog-themed coin shook the crypto space and the memecoin market, becoming one of the most recognizable memecoins in the sphere. Despite the big start, PEPE’s price started fading as the market turned its eyes to competitors like BONK and other Solana-based memecoins. However, the bull run has propelled the market prices to heights unseen since 2022, and PEPE has taken advantage of the bullish momentum. As reported by the blockchain analytics platform Lookonchain, a whale made over 431% in profits in just two weeks. The address shows that the trader withdrew over 1 trillion PEPE tokens from Binance in three transactions before the price skyrocketed. In just 2 weeks, this trader made $8.13M(+431%) on $PEPE! This trader deposited 196.18B $PEPE($1.7M) to #Binance for profits 4 hours ago, with 1T $PEPE($8.31M) left. He withdrew 1.19T $PEPE(cost ~$1.88M) from #Binance before the price of $PEPE increased.… pic.twitter.com/FWZgIWcCYP — Lookonchain (@lookonchain) March 10, 2024 The first transaction of 713.12 billion PEPE was made 15 days ago when it was trading at around $0.00000138. The second withdrawal, about 316.36 billion tokens, was done a day later when the token price was $0.00000180. Finally, the trader withdrew 116.7 billion tokens one more time when the price was hovering around $0.00000269. Lookonchain said these withdrawals accounted for 1.19 trillion PEPE tokens, which cost about $1.88 million. Yesterday, the whale deposited 196.18 billion tokens back to Binance for profits of $1.7 million. The address still has 1 trillion PEPE left, worth around $8.13M at the time of the report. At the time of writing, these holdings had increased by over $1 million and were worth $9.13 million. As reported by NewsBTC, whales have profited from their PEPE holdings since the memecoin started its resurgence in late February. PEPE’s Massive 800% Surge Despite the volatile crypto market and whales selling large amounts of PEPE, its community seemingly feels confident in the frog-theme coin and considers it THE memecoin of this bull run. $PEPE will surprise everyone like $DOGE did in 2021. After the first Dogecoin pump in 2021, some people regretted not buying. Don't make the same mistake in 2024 with $PEPE. This is THE meme coin of this bullrun. pic.twitter.com/lUq213XwFQ — Tryrex (@Tryrexcrypto) March 9, 2024 Since the memecoin interest surged, Pepe coin has tagged along and shown massive growth. In the last 14 days, the token has registered a staggering 549% price. Even more impressively, the price has risen 799.5% in the past month. The token has climbed to the top of the memecoin ranking after flipping tokens like BONK and CorgiAI. PEPE now sits as the third largest memecoin with a market capitalization of $3.85 billion, an 8.41% increase in the last 24 hours. Similarly, its daily trading volume has increased by 16.85% to $1.49 billion, suggesting that market activity and interest in the memecoin have surged in the last day. At writing time, PEPE is trading at $0,000009135. This represents an 8.5% rise in 24 hours and a 5.95% decrease from its ATH of $0,000009793, registered two days ago. Related Reading: Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode PEPE price performance in the 5-day chart. Source: PEPEUSDT on Tradingview.com Featured image from X.com, Chart from Tradingview.com

The private key for a wallet created with MEW in 2017 has 57 characters. How fucked am I?

I saved a printed version of this key at multiple different locations. I don't have phrases or .json file. Is there any chance this key is partial private key and I could brute force the last 7 characters, or did I fuck up and copy the cipherkey? I've accessed the wallet multiple times, then I…
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No More ETH or Shiba Inu Gas Fees for Swing Traders

Hey, not sure if anyone's mentioned it or not, but to trade a handful of tokens and pay ZERO gas/transaction fees, check out the new Webull Pay app. It's by no means a wallet, but you can buy your ETH and Shiba Inu instantly and not have to worry about that horrible $135+ gas fees.…
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Awaiting Dencun: Execution Layer upgrades

Although we are marching towards the Dencun upgrade and all posts are filled with its mentions, a basic understanding of the changes coming with it can still be challenging for the community. Today is the time for an explicit post explaining all EIPs which is going to be implemented on the Execution Layer within the…
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Cardano Price About To Explode: Crypto Pundit Reveals Next Target

Dan Gambardello, the founder of Crypto Capital Venture, has provided a bullish analysis of the current price action of Cardano (ADA). The crypto analyst also dispelled the notion that ADA won’t perform well in this bull cycle, noting that the crypto token is where it is meant to be before it takes off.  Where Cardano Is Headed Gambardello mentioned in a video posted on his X (formerly Twitter) platform that CardanoADA could rise to $1.15 and as high as $1.50 in its next move to the upside. He made this statement while highlighting a reversal zone on the weekly chart, which was critical the last time ADA made a breakout.  Related Reading: Crypto Whales Bet Big On LINK – Is Chainlink The Next Bitcoin? The crypto analyst claimed that the token is again at the lower end of this reversal zone, which happened before ADA broke out the last time. Meanwhile, looking at the order book, he revealed that there is historically a lot of interest and market participants at the $1.20 price level. As such, it is another area that could act as a “magnet for ADA at the upper end of the reversal zone.” The crypto analyst also tried to allay the fears of those worried about ADA’s current price action. He stated that the token lagging while Bitcoin is hitting new all-time highs (ATHs) is “historically normal” and suggested that a move was imminent for ADA based on data from past cycles. Gambardello further asserted that “things are on pace,” so there is no need to be worried.  An Explanation For ADA’s Current Price Action Gambardello also elaborated on why ADA has yet to experience any parabolic move. He alluded to the 2021 bull run when Bitcoin kept hitting new highs between December 2020 and January 2021, while Cardano lept lagging during this same period and didn’t make any move until later in January 2021.  Related Reading: Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode He added that ADA was 80% from its ATH back then before it made its move and even kept declining while Bitcoin was on a surge. However, that changed all of a sudden as “ADA went crazy to the upside.” The crypto analyst went on to reaffirm his belief that ADA “does lag, but when it finally moves, it really moves very strongly.” Gambardello had previously predicted that ADA could rise to as high as $11 in this bull cycle. Back then, he noted that the crypto token now has more robust fundamentals compared to the last bull run.  At the time of writing, ADA is trading at around $0.73, down in the last 24 hours, according to data from CoinMarketCap.  ADA price at $0.739 | Source: ADAUSD on Tradingview.com Featured image from Swyftx Learn, chart from Tradingview.com

Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn

A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating that there was “absolutely nothing wrong with paying for the […]

ethereum vs bitcoin

What percentage of your total crypto, to include other cryptos other than bitcoin and ethereum, do you recommend allocating for Bitcoin and Ethereum? What is your rationale for holding ethereum if you agree in principle that bitcoin's price will reach a million dollars? What do you think will the effect of bitcoin halving for bitcoin…
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Question about “internal transactions” or sub-calls

Does the Tx receipt GasUsed / Fee and Value accounts for sub-contract calls triggered by the Tx ? ç For example, account A uses call of contract B, and contract B triggers a transfer and a create. These two sub-calls make a transfer and use gas. Is this amount and gas computed in the parent…
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Where the #$!? is everybody ?

For one thing, retail is still royally ignoring cryptos in general. Not one article in the front page of any of the news outlet I follow. But more annoyingly, I remember twitter, this sub – and to a lesser extent, some others – being formidable thermometers of the market during the previous cycle. Like clockwork…
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Gas fees are ruining my Wallet

Sup guys, I am again at the point where it does not make sense for me to continue my polygon to eth bridge because my Gas fee is way higher than the amount i am bridging. :)) And if some person thinks he has too much money: heres my wallet adress maybe someone is willing…
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