NFT News by Thebittimes.Com

A Solana (SOL) ecosystem cryptocurrency trader made nearly 4,000% of unrealized gains in a 5-hour trade, raising alerts for insider trading. The initial investment worth $49,000 suddenly became a $2 million stack of TORI, a recently launched meme coin. According to a report by Lookonchain , a trader spent 344 SOL, worth $49,000, to purchase 261.4 million TORI. The initial SOL originated from two Binance withdrawals to two new wallet addresses on April 25 and 26. Notably, the trader transferred the TORI tokens to multiple addresses on April 28, immediately after buying them. The 261.4 million TORI has a valuation of $2 million and reached approximately five hours after the trading activity. Picks for you 2 cryptocurrencies to reach $100 billion market cap in May 14 mins ago ‘Final warning’ as Bitcoin faces imminent devastating capitulation 1 hour ago Popular Bitcoin wallet bans United States citizens from its service 2 hours ago Has Bitcoin topped out? P...

Blocktrade, a crypto trading platform, announced that its Arcade feature has surpassed one million gameplay s in the three months since its launch, according to the information shared with Finbold on April 24.  This milestone underscores the immediate popularity of the Arcade among users who appreciate its mix of gaming excitement and trading thrills. Gamified trading experience The Blocktrade Arcade is designed to enhance the trading experience by introducing engaging gamified content, creating a more interactive and dynamic environment.  Picks for you Bitcoin aims $70,000 this week as FOMO takes over the crowd 6 mins ago AI predicts HBAR price for May 1, 2024 10 mins ago Dexalot’s Central Limit Order Book DEX launches on Arbitrum 18 mins ago AI predicts Silver price for May 1, 2024 35 mins ago These arcade-style games also foster a sense of community, a departure from the often solitary nature of crypto trading. At its launch, Bl...

Key takeaways Algotech’s decentralized algorithmic trading platform is set to appeal to the fast-paced world of cryptocurrency trading. The project is still in presale and has raised more than $3.2 million so far. Real-world asset (RWA) tokenization, Artificial Intelligence (AI), GameFi, Layer-2 SocialFi. These are some of the leading narratives in the cryptocurrency space at the moment. The last few months have seen several AI tokens record excellent gains. However, there hasn’t been much focus on AI in the cryptocurrency trading space. Algotech is embarking on this mission and intends to make a difference in the world of cryptocurrency trading with its technology. What is Algotech? Before we dig deeper into this project, we need to know what Algotech is.  Algotech is a cutting-edge decentralized algorithmic trading platform designed specifically for the fast-paced world of cryptocurrency trading. The platform has advanced algorithms...

Investing in cryptocurrencies like XRP can be a rollercoaster experience, sometimes fueled by the dream of becoming a millionaire . For that, cryptocurrency investors look for value asymmetry in the expectation of quick price appreciation while deploying capital accordingly. First, “becoming a millionaire” has different meanings according to the available investment capital. Someone with a $500,000 purchase would need XRP’s price to double to make this person a millionaire. In contrast, a $100,000 investment would require the token’s price to increase by 10 times to reach $1 million. A 100% price surge is a solid expectation for XRP in 2024 if things go well for the digital asset. However, a 900% increase would require an extremely favorable scenario and is unlikely to happen even during a bull market. Essentially, price appreciation is the result of an increased demand over an asset’s circulating supply. Considering XRP has a high inflation rate arising from Ripple’s monthly unloc...

Injective (INJ) had an impressive run in 2023 with over 3,300% gains from its lowest to its current price. Collecting the spoils afterward, the team will unlock nearly $150 million in tokens on January 20. This token unlock comes from Injective’s genesis distribution, which is partially locked in vesting contracts. Notably, 3.67 million INJ will be at the team’s and advisors’ disposal to sell at will from January 20. In particular, the team will unlock 3.33 million worth $125 million for itself. Meanwhile, advisors will receive slightly over $12 million worth of tokens to realize their profits over the years since launch. Finbold retrieved this data from TokenUnlocksApp on January 16. Injective (INJ) token unlock. Source: token.unlocks.app Injective (INJ) price analysis amid massive token unlock Notably, Injective trades at $40.81 by press time, in a consolidation range under its all-time high of $45.28. This is a 3,300% unrealized profit since its December 2022 lo...

Shiba Inu (SHIB) is one of the most popular memecoins in the cryptocurrency market. Ranked among the top 20 most valuable cryptocurrencies, SHIB has earned the attention of million s of investors. Currently, there are a total of 1,366,587 Ethereum address es holding SHIB, an ERC-20 token. These address es hold 999.98 trillion tokens, of which a burn address keeps 41% and, therefore, out of circulation. Shiba Inu top 100 token holders. Source: Etherscan This amounts to a relevant number of holding addresses despite not knowing the exact amount of individual holders. Interestingly, one single individual can own multiple addresses. At the same time, one single address can hold SHIB for multiple investors — as in centralized exchange addresses or DeFi smart contracts. Nevertheless, its relevancy is still notable, knowing this number is higher than Nashville’s 1.33 million population. Nashville is the 40th largest city in the United States and the capital of Tennessee. The aforementi...

DWF Labs has further solidified its alliance with the FLOKI ecosystem by substantially acquiring FLOKI tokens valued at $1.25 million .  DWF Labs executed this acquisition over the counter, highlighting strong belief in the meme coins in the ongoing bull market. DWF LABS PURCHASES AN ADDITIONAL $1,250,000 IN TOKENS TO SUPPORT THE FLOKI ECOSYSTEM Industry-leading digital asset market maker and multi-stage Web3 investment firm DWF Labs purchased an additional $1,250,000 in $FLOKI tokens from the #Floki Treasury and has expressed a strong… pic.twitter.com/Z7z2AaaBKl — FLOKI (@RealFlokiInu) December 5, 2023 You might also like: BlackRock and Bitwise amended applications for spot Bitcoin ETF yet again FLOKI’s price has been incrementally growing throughout the past year. Although memecoins have been notably stale throughout the first half of 2023, FLOKI’s price has soared by over 300% in a year. The acquisition of DWF Labs earlier today further boosted the memecoin’s pri...

Memeinator’s Stage 5 presale surpasses $1 million, making a remarkable impact. Memeinator’s unique blend of AI, viral marketing, and utility sets it apart in the meme coin arena. One MMTR token is going for $0.0125 in the current stage and is expected to rise to $0.0133 in the next stage. In the world of cryptocurrency, where trends rise and fall with lightning speed, there’s a new player on the scene that’s making waves and dominating the meme coin market – Memeinator. This innovative project, returning from the future with a mission to eradicate subpar memes, has garnered over $1 million in just a matter of days during its Stage 5 presale . What is Memeinator? Memeinator is not your run-of-the-mill meme coin. It’s a cryptocurrency project that leverages cutting-edge AI technology, viral marketing strategies, and a resolute mission to reach a $1 billion market cap. Unlike the dogs and frogs that have had their moment in...

In tandem with an impressive $33 million fundraising effort, Blockaid proudly emerges from its shroud of secrecy, boasting a clientele that includes heavyweights such as MetaMask and OpenSea. Blockaid, the pioneering blockchain security startup and close affiliate of the renowned MetaMask cryptocurrency wallet, has successfully secured a whopping $33 million in funding to facilitate the expansion of its cutting-edge technology, engineered to thwart malevolent transactions. The Series A financing round for Blockaid was spearheaded by leading names in the world of venture capital, including the formidable Coinbase investor, Ribbit Capital, and the forward-thinking early-stage VC firm, Variant. Complementing this, Sequoia Capital, Cyberstarts, and Greylock Partners also joined the funding consortium. Breaking the news on October 23, Blockaid announced the end of its covert operations, unveiling its maiden customers: MetaMask, the OpenSea marketplace, the Rainbow wallet, and the Zerion ...

Euroclear has joined forces with the World Bank to unveil a novel tokenized securities issuance service, marked by a €100 million digital bond issuance, aiming to integrate DeFi technology into TradFi services and enhance efficiency, transparency and accessibility. Euroclear, a major European clearinghouse, has collaborated with the World Bank to launch a tokenized securities issuance service. This initiative was marked by the issuance of a €100 million , $106 million , digital bond, as revealed in a press release on Tuesday. Euroclear’s Digital Securities Issuance (D-SI) unit is at the forefront, facilitating the issuance, distribution, and settlement of fully digital financial assets through distributed ledgers. Distributed ledgers are unique in their structure, as they allow each participant, or node, in a network to hold and update a database independently. The World Bank Group’s International Bank for Reconstruction and Development (IBRD) is utilizing this bond to channel ...

Ben Armstrong, also known as ‘BitBoy Crypto’, has recently become entangled in a lawsuit against his former partners from HIT Network, regarding assets seizure that were registered under their company’s name, but Armstrong claims belong to him. The former BitBoy Crypto employee is now asking for donations from the crypto community using emotional videos sharing his story, and on September 21, he shared a multi-millionaire XRP address, in response to supposed requests for a donation address by the XRP community. “Several people have asked about an $XRP donation address for my legal fund (…) XRP Address: ‘rJmXYcKCGJSayp4sAdp6Eo4CdSFtDVv7WG’ (…) Thanks for the support”. — Ben Armstrong (@BenArmstrongsX) Source: Ben Armstrong (@BenArmstrongsX) Thousands of dollars in XRP were already sent in the last 24 hours to the given Ben Armstrong address, with lots of these payments being from known centralized exchange accounts. Payments history from “rJmXY…Vv7WG”. Source: XRPScan...