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Many a cryptocurrency trader spotted the opportunities presented by new or struggling digital assets, thus turning modest sums of money into veritable fortunes within mere days and, sometimes, hours throughout 2024. In the small hours of February 7, 2025, one such investor saw and took an opportunity to bet on a new token – Berachain (BERA) – collapsing in value soon after its launch, thus reversing a common theme of many traders being left ‘holding the bag’ after the often brief and violent post-listing rally. Specifically, the short trader used approximately 1.6 million USDC stablecoin to bet against BERA on the decentralized platform Hyperliquid to bet against the cryptocurrency.  Picks for you Bybit announces a Valentine’s Day deal with 14% cashback for Bybit Card holders 1 hour ago ...

Despite not being a full week old at press time, 2025 is already emerging as a strong continuation of the cryptocurrency – and meme coin – bull market. One digital assets trader turned into a spectacular example of this fact as they managed to, within just 10 hours, turn a $2,000 investment into more than $3 million in profit, per data Finbold retrieved from Solscan on January 6. The trader used 10 Solana (SOL) – worth just over $2,000 – to purchase 22 million Hyperfly (HYPER) in the afternoon of January 5. Shortly after minding, they began selling the meme coin, offloading nearly 18 million HYPER for 10,286 SOL (~$2.21 million). Picks for you Bitcoin could collapse to $78,000 warns crypto expert 29 mins ago Boeing s...

Dogecoin (DOGE) is one of the most successful cryptocurrency projects in the market. The original memecoin has come a long way in its 11-year journey. DOGE’s price has risen by a massive percentage since its launch. Early investors have reaped millions of dollars in profit with minimal investment. Also Read: Nvidia Reports Q3 Earnings This Week: Will NVDA Stock Boom Continue? If you had invested $1000 in DOGE in November 2014, ten years ago, you would have been sitting on $1.59 million today. Your portfolio would have grown by 159,531%. Source: Changelly Can You Still Become A Millionaire With Dogecoin? DOGE’s price skyrocketed during the 2021 bull run. The memecoin is witnessing another massive price surge right now. DOGE’s price is up by 5..2% in the daily charts, 26.6% in the weekly charts, 146.4% in the 14-day charts, and 160.3% over the previous month. The memecoin is also up by 344.1% since November 2023. Also Read: BRICS Countries Are Rejecting De-Dollarization ...

Bitcoin’s mining difficulty is at all-time highs – and with it, the difficulty of turning a profit. Revenues from the computer rigs that secure the world’s most valuable blockchain are at 12-month lows. Miners’ use of electricity – including its financial cost and environmental impact – is at an all-time high. Worse, this top expense of mining companies is accelerating. Since the beginning of 2023, Bitcoin’s hashrate increased 91% from 256 exahashes per second to a record 746 exahashes per second this month. A smoothed trend line of hashrate, which varies considerably day-to-day, trends up-and-to-the-right along a rarely interrupted vector. Read more: Tether-owned Northern Data accused of fraud by former execs Earlier this year, the hard-coded reward for solving Bitcoin’s computational puzzle halved from 6.25 to 3.125 BTC per block of transactions. That instantly reduced miners’ revenue – which is at a 12-month low. Making matters worse, Bitcoin’s difficulty adjustment adjusts ...