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Showing posts with the label million

Throwback: How A Store Manager Made $1 Million With Shiba Inu

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Shiba Inu (SHIB) has seen ample success in its four short years. The asset’s price skyrocketed during the 2021 bull run. Early investors made millions with minimal investments. Many people with regular jobs could retire at an early age thanks to SHIB’s incredible performance. Let’s take a look at one such instance. Also Read: Pi Coin Prediction: AI Sets PI Price For April 20, 2025 Warehouse Manager Achieves Remarkable Financial Success Through His Investment in Shiba Inu Source: Watcher Guru In 2021, Rob spent his time as a supermarket warehouse manager researching different cryptocurrencies. The warehouse manager had his origins in Northern England while aiming to expand his financial resources. A whitepaper about SHIB appeared before Rob as he conducted his cryptocurrency research. Rob declared he became totally interested after finishing his reading of the document. Rob invested $8000 in SHIB in 2021. During October, his initial $8000 investment expanded into a tota...

Crypto influencer lost $8 million in one month from a $15 million investment

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The cryptocurrency market went through a shakeout, with most cryptocurrencies experiencing a crash in the past 24 hours. A crypto influencer and Ethereum (ETH) supporter currently holds $8 million in unrealized losses with the ERC-20 token FRIEND. Notably, the pseudonymous influencer Machi Big Brother, with 164,400 followers on X, has over 50% losses with FRIEND. Lookonchain spotted the one-month losing position from the labeled account and reported it in a post on June 8. Machi Big Brother(@machibigbrother) has been buying $FRIEND since May 3. He has spent 4,975 $ETH($15.6M) to buy 8.6M $FRIEND at an average price of $1.81. At the current price, he lost $7.9M on $FRIEND!https://t.co/j5UByo2jpN pic.twitter.com/tiew7f377A — Lookonchain (@lookonchain) June 8, 2024 According to the on-chain analyst, Machi Big Brother has been buying the token since May 3. Overall, he bought 8.6 million FRIEND for an average price of $1.81. The crypto influencer spent 4,975 E...

NEO rebounds past $22.8 as this meme coin presale surges past $4.8 million

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NEO surges past $22.8 amid broader crypto market recovery. Kangamoon integrates SocialFi, Play-to-Earn, with $KANG tokens for community engagement. $KANG token presale exceeds $4.8M, with 32.4% sold. NEO, one of the leading altcoins, has made a significant rebound, surging past the $22.8 mark. This surge comes amid a broader recovery in the crypto market, particularly driven by Bitcoin’s resurgence following a flash crash over the weekend. At the same time, a new meme coin, Kangamoon, has also seen a surge in interest among investors pushing the total amount raised in its ongoing native token presale past $4.8 million . NEO price breakout NEO, often dubbed the “Chinese Ethereum” due to its similarity in functionality, has witnessed a remarkable price surge of 25.30% within a day, reaching a hit of $22.89. At press time, the toke’s price had slightly pulled back to $21.72. This surge positions NEO among today’s top crypto ...

This crypto trader just lost $1 million overnight on Binance

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A crypto trader reportedly lost $1 million in USDT overnight, trading the meme coin PEPE with Binance‘s margin leverage. This story represents the untold reality of many other traders who rarely get to the headlines. The trader goes by the pseudonym Crypto Nerd on X (formerly Twitter) and reported his losses on April 13. In particular, Crypto Nerd explained he opened a 3x-leverage long position on PEPE, with $1 million worth of Tether’s stablecoin USDT. The dramatic outcome gets worse considering the memecoin trader has less than $1,000 in his banking account, as reported. Picks for you Market strategist warns global economy on the brink of a perilous financial collapse 2 hours ago Cryptocurrency trader s lost nearly $1 billion in 24 hours amid market crash 2 hours ago Crypto market maker profits $8 million from a single token 20 hours ago Unusual correlation of Gold and US Treasury Yield raises concerns 20 hours ago “Just...

Colossal whale buys over $250 million of Ethereum in 4 days

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Ethereum (ETH) has been experiencing a notable uptrend recently, propelling this leading altcoin past the significant milestone of $3,000. Notably, one whale has potentially played a substantial role in fueling this streak of gains. Namely, on February 22, a major whale identified as 0x7a9 acquired an additional 16,160 ETH tokens, equivalent to $46.95 million, at an approximate price of $2,906 per token.  Concurrently, they withdrew 9,277 ETH (valued at $26.95 million ) from the Binance exchange. Additionally, this investor purchased 6,883 ETH using 20 million USDT through the decentralized exchange aggregator platform, 1inch. Picked for you Shots fired: Arthur Hayes slams Cardano as ‘dogsh*t’ and ‘wannabe Ethereum’ 22 mins ago Orbs and IntentX collaborate to elevate on-chain OTC derivatives and spot trading  1 hour ago How much money does Jeff Bezos make a second? 1 hour ago R. Kiyosaki: Gap between rich and poor is getting wider than the Grand Cany...

OPNX fined $2.7 million in UAE for flouting marketing laws

On Aug. 16, the Dubai Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates (UAE) escalated its actions against Open Technology Markets Ltd. (OPNX), a crypto exchange.  This follows previous notices in April 2023 concerning the exchange’s conduct. The regulator also  fined  the exchange and its executives. On May 2, OPNX was fined $2.7 million for flouting Dubai’s Virtual Assets and Related Activities regulations revolving around marketing and promotion. The exchange is yet to pay the penalty.  You might also like: OKX Middle East receives MVP preparatory license from VARA in Dubai VARA is intervening in response to alleged bankruptcy claims. All penalties are reviewed by the regulator’s Grievance Committee, in compliance with the law. The Committee’s endorsement of enforcement actions against OPNX justifies the fines levied. Since OPNX is yet to pay, VARA is actively considering additional steps to ensure compliance. These may...

Bosch partners in $100 million Web3 development foundation

Global technology firm Bosch partners in the launch of a new foundation, committing $100 million to a Web3, AI and IoT grant program. A $100 million is being earmarked for a grant program funding the development of Web3, AI and decentralized technologies in a partnership between Bosch and Fetch.ai. The two companies are collaborating to create the Fetch.ai Foundation, which will aim to fuel industrial adoption of innovative software, AI and Web3 technologies. The initiative will fund research and develop decentralized technologies for real-world use cases. The program will provide $100 million in grants to fund the long-term development of Web3-based solutions and services for the mobility, industrial technology and consumer industries. An announcement shared with Cointelegraph indicates that the grant program will invest in select companies and partners over a three-year period. Fetch.ai is a Cambridge-based artificial intelligence firm developing a decentralized machine learning ne...

Calvaria Is the Best P2E Game in 2023 raising nearly $3 million in Presale — Ending Soon

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Join Our Telegram channel to stay up to date on breaking news coverage The unique concept behind the recently released crypto card game Calvaria has piqued the interest of investors, prompting many to look for a Calvaria price forecast. Since the beginning of the presale, the initiative has brought in about $3 million . As of this writing, there are just two weeks left for investors to buy tokens before the IEO, and the price is expected to skyrocket in that time. Listings on GotBit and LBank have been verified in addition to the January 31 BKEX IEO for the RIA coin. With a price of $0.0325 per token, there are only 7.5 million RIA tokens available for purchase. As the presale nears its conclusion, there is still time for investors to get in on this token presale which has the capability of giving back 10x the invested amount. What Makes Calvaria Stand Out? Calvaria is touted to be a one-of-a-kind, innovative blockchain gaming platform that aspires to integrate a number of ...