Category: Cryptocurrency News

I’m a little confused, it says in warning 3% on staked ethereum but it also charged me some money for unstated ethereum. I guess my question is, do I keep the staked eth to keep earning that 3%? Or unstake it because it looks like a fee or or something was taken out? submitted…
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In a post via X (formerly Twitter), crypto analyst cyclop (@nobrainflip) has shared a bold prediction and personal success story with his 370,000 followers. Cyclop revealed a staggering $2.5 million profit from an initial investment of $8,000 within a year, attributing a significant portion of this success to investments in Solana-based meme coins. Cyclop’s statement reads, “I made $2.5 million from $8,000 in a year. Most of the profit was made on $SOL meme coins 3 months ago: x400 on ANALOS, x30 on POPCAT, x8 on SILLY. Solana meme season is back, and many memes have 100x+ potential.” Before delving into the list of recommended meme coins, cyclops issued a cautionary note, hinting at the volatile nature of these investments. Despite acknowledging the inherent risks, cyclop emphasized the unprecedented earning potential of memecoins, stating, “Many believe that memecoins are just a gamble […] However, I think it is the best way to earn in crypto if you learn when to buy and what to buy. And here’s why: ‘Buy when the pump starts.’” Related Reading: Crypto Analyst Identifies 8 Altcoins To Turn $1,000 Into $1 Million Highlighting the distinct advantages of meme coins, cyclop pointed out, “Unlike other tokens, memes have an advantage: 100% of the supply is in the market, meaning there’s no emission, and VCs won’t be dumping their sky-high bags on you. Moreover, they have the biggest upside, and they are #1 rally gainers during a bull market (where we currently are).” Reflecting on previous successful calls, such as POPCAT, ANALOS, and SILLY, which have seen returns ranging from 8x to 1000x, the analyst is now sharing a new list of promising meme coins: #1 Wolf Wif (BALLZ) With a $40 million market cap and $370,000 in liquidity, this coin stands out as the analyst’s “biggest bet,” highlighted by its lack of centralized exchange listings and partnerships, alongside the significant market cap achieved in under 24 hours. “NFA, but it looks like a new cult,” cyclop stated. The memecoin is obviously inspired by DogWifHat (WIF), a memecoin that emerged on the Solana blockchain, similar to called BONK, which also saw significant gains and generated several millionaires. BALLZ may attempt to build on the success of WIF. #2 SolChat (CHAT) Priced at $5.8, with a $47 million market cap and $1.1 million in liquidity, SolChat has garnered attention from “major influencers” and a notable mention from the Phantom wallet, as remarked by cyclop. According to the official website, SolChat is not merely a memecoin; it is a communication protocol on the Solana blockchain that enables text, voice, and video calls in a manner akin to traditional Web2 applications, but within a Web3 environment. It leverages the Solana blockchain’s low gas fees and on-chain storage capabilities for messages and group chats, positioning itself as a novel application in the rapidly evolving landscape of decentralized technologies. #3 Harambe (HARAMBE) A tribute to the beloved gorilla, this meme coin boasts a $45.8 million market cap, described as having “a real soul” by cyclop. HARAMBE is also based on the Solana blockchain and pays homage to the spirit of Harambe. It is driven by the community’s love for memes and a desire for community-driven projects. Related Reading: Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode Beyond its meme-centric nature, the Harambe meme coin aims to stand out by incorporating advanced AI technology. It features an AI neural network auto-trading bot designed to autonomously conduct trades in the cryptocurrency market, aiming to transcend the typical meme coin by leveraging AI hedge fund technology​​​​. #4 Pelfort (PELF) Showing a remarkable day growth of +550%, this coin has a market cap of $15.4 million and liquidity of $1.0 million, according to the crypto analyst. It is a Solana memecoin parody based on Jordon Belfort as Pepe. #5 Doland Tremp (TREMP) Like MAGA (TRUMP), TREMP is another meme coin that builds on the popularity of former US President Donald Trump and his potential success in the US election campaign. With a playful nod to political satire, TREMP holds a $37 million market cap, under the slogan “Mek Memes Gret Agen!” Rounding out the bottom of the analyst’s list are Brett (BRETT) at #6 and PENG on Solana (PENG) at #7, each with unique appeal and the potential for explosive growth, according to cyclop. Featured image from iStock, chart from TradingView.com

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Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) to the network, with the mining pool Foundry USA at the forefront, delivering 204.41 EH/s. Bitcoin Edges Closer to Zettahash […]

The Bitcoin price is creeping up once again, rising to a new all-time high above $71,000 in the early hours of Monday. As the price surge continues, it has put a record number of shorts at risk, where a less than 10% move upward from here will see $1 billion in shorts liquidated. $1 Billion In Shorts At Risk Of Liquidation Crypto trader and analyst Ash Crypto took to X (formerly Twitter) to share a map that showed the number of short positions at risk as the price of Bitcoin rises. The map shared in the post showed that short liquidation leverage had risen above $1 billion. Related Reading: Shiba Inu BONE Token Garners Over 20,000 Picks On Binance Futures NEXT Program These short leverage positions had been rising along with the price with a large number of crypto investors expecting the price to crash after pumping to a new all-time high. However, Bitcoin seems to have other plans in mind with its price surging close to $72,000 and increasing the risk of liquidations for these positions. For these positions, Bitcoin reaching $75,000 would be detrimental to them. At this price level, over $1 billion worth of short positions will be liquidated. “$1,000,000,000 WORTH OF SHORTS WILL GET LIQUIDATED IF BTC HITS $75,000,” Ash Crypto revealed. Will Bitcoin Stop Anytime Soon? The Bitcoin price has seen a 10.33% increase in the last week and shows no signs of stopping soon. However, the debate of whether it continues upward or downward continues to wax strong as crypto analysts far and wide proffer their own predictions. One crypto analyst know as MarcPMarkets suggests that the price of Bitcoin could hit resistance and then spiral back down if Bitcoin fails to properly clear the $70,000. But the analyst also explains that there is a possibility that the positive price action does continue if price does push above $71,500 and makes a close above it. Related Reading: Litecoin Beats Out Dogecoin, Bitcoin To Emerge As Top Crypto For Payments At the time of writing, Bitcoin is trading above $71,700, which shows it has cleared the level highlighted in the analyst. Now, what remains is to see if the cryptocurrency is able to make a daily close above $71,500, something that would be incredibly bullish for price. In this case, the BTC price could rise as high as $80,000 following this breakout. The Bitcoin move over $71,000 has already had a significant impact on traders in the last day. Over $333 million has been lost by traders in one day. But interestingly, the majority of liquidations (64.29%) happen to be long positions, according to data from Coinglass. BTC price reaches new ATH | Source: BTCUSD on Tradingview.com Featured image from, chart from Tradingview.com Atlantic Council

On March 11, ethereum’s price action painted a bullish picture, closing at $4,053 after touching a low of $3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $27.57 billion. Ethereum Ethereum’s (ETH) journey on March 11 marked a significant upturn, […]