Raj Gokal Breach:- In a massive data breach, personal information of Solana co-founder Raj Gokal was accessed by hackers in Migos Account hack. On Tuesday morning, a number of doxxed images of Raj Gokal and his wife were posted on Instagram account, Migos – the American hip-hop group with 13 million followers. This was unusual for the Migos Instagram account who otherwise posts content related to music releases and albums or tour & live performance visuals. Reportedly, hackers gain access not only to the Migos social media account but also to Raj Gokal’s Google, email and Apple account credentials. Posts By Hackers on Migos Page How Solana Co-founder’s Account was Hacked Even before the breach became evident, Raj Gokal had posted on his X account. On May 20, he had asked users to stay cautious about potentially misleading token launch or soliciting funds. This implies that hackers had been trying… Read More at Coingape.com
A Bitcoin whale just woke up, moving 50 BTC mined over 15 years ago, now worth nearly $4.7 million, showcasing the incredible 93 million percent profit. Meanwhile, whales are piling into Bitcoin again, signaling strong market confidence and pushing prices to new highs.
Bitcoin Whales Break 15-Year Silence with $5M Transaction
A long-dormant Bitcoin whale woke up, drawing attention from across the crypto space. According to The Bitcoin Historian, a wallet holding 50 BTC mined 15 years ago has moved its funds.
These coins, originally mined in 2010 when the price of 1 BTC was below $0.10, have now profited by an astonishing 93,460,500%.
Overall, the value of 50 BTC was less than $5. Today, with Bitcoin trading above $94,000, the same holdings are now worth nearly $4.7 million.
A similar case unfolded in November 2024, a BTC holder earned a massive profit of 150 million percent, when he sold his 2,000 BTC holdings, originally worth just $120, for approximately $179 million.
Are Whales buying Bitcoin Right Now?
Bitcoin’s value has jumped +11.2%, and this has once again coincided with key whales & sharks adding on to their already enormous bags. Wallets holding 10-10K $BTC have added 19,255 more coins in this short stretch, and continue to be one of crypto’s most powerful indicators. pic.twitter.com/b3TiVd71iD
According to Santiment data, Bitcoin whales (wallets holding between 10 to 10,000 BTC) have added 19,255 BTC in just one week. This brings their total holdings to an all-time high of 13.47 million BTC. At the same time, Bitcoin’s price jumped by 11.2%, reaching $94,430.89.
This pattern shows that when these large investors buy more BTC, it often leads to a rise in price. Their buying reduces the supply available in the market, which can push prices higher.
Glassnode’s latest data shows that large Bitcoin holders are buying more during the recent price rise. Wallets with over 10,000 BTC are in heavy buying mode, while those holding 1,000 to 10,000 BTC are not far behind. Even mid-sized wallets with 100 to 1,000 BTC are starting to increase their holdings. This overall buying trend suggests strong confidence in the market and expectations of further growth.
The post Bitcoin Whale Profits $4.7M from 50 BTC Mined 15 Years Ago appeared first on Coinpedia Fintech News
A Bitcoin whale just woke up, moving 50 BTC mined over 15 years ago, now worth nearly $4.7 million, showcasing the incredible 93 million percent profit. Meanwhile, whales are piling into Bitcoin again, signaling strong market confidence and pushing prices to new highs. Bitcoin Whales Break 15-Year Silence with $5M Transaction A long-dormant Bitcoin whale …
Shiba Inu (SHIB) price trades at a four-day high as rising network activity drives a surge in the SHIB burn rate. The community burn portal shows that 1 trillion SHIB tokens have been burned in total, while the burn rate continues to soar with a 3,000% spike at press time. As network activity and usage spikes, can SHIB burn 1 trillion tokens every day, and if so, what will be the impact on the token price?
Shiba Inu Price Today as Bulls Target $0.000014
Shiba Inu price is trading at $0.0000132 with a 4% intraday gain as Bitcoin’s rally past $99,000 fueled positive sentiment around altcoins, especially meme coins.
The four-hour SHIB chart shows that this top meme coin is now targeting the resistance level at $0.0000134, and if it manages a breakout from this level, it may surge to a two-week high of $0.0000147.
SHIB/USDT: 4-Hour Chart
Among the factors driving the Shiba Inu price gains is the surging burn rate. Data from Shibburn shows that over 67 million of the meme token’s supply has been burned in one week, with the 24-hour burn rate soaring by 3000%.
SHIB Price Impact if Burn Rate Hits 1 Trillion Daily
The current SHIB burn rate is notably low, considering there are only 1 trillion token burns on the community burn portal, which is barely a dent in Shiba Inu’s supply of 589 trillion coins.
If the burn rate were to skyrocket to 1 trillion every day, it means there will be 365 trillion SHIB token burns within a year, which is around 62% of the circulating supply. Per Grok3,
“Burning 1 trillion SHIB tokens daily could theoretically increase the price by 167% in one year to $0.000037, assuming constant market cap, with potential for higher gains if demand surges.”
A drastic decline in the supply will also eliminate market cap constraints, allowing the Shiba Inu price to hit psychological levels of $0.01 or $0.001.
Can SHIB Realistically Burn 1 Trillion Tokens Every Day?
For Shiba Inu to get to a 1 trillion SHIB burn rate, the ecosystem would have to experience exponential growth. Moreover, activity on the Shibarium layer two network will have to compete with top layer twos like Polygon or Arbitrum.
Currently, Shibarium’s $3 million TVL milestone is at play after a steady surge over the last month. This growth coincides with a twofold spike in SHIB transaction volumes, as Shibscan data reveals.
Shibarium TVL
If Shibarium’s TVL can balloon past $1 billion and emerge among the top layer twos as adoption grows, the meme coin can achieve 1 trillion token burns.
Shiba Inu Technical Analysis as Cup and Handle Pattern Emerges
Shiba Inu price has formed a cup and handle pattern on the daily chart, and it currently eyes a breakout past the handle’s resistance. If it manages to break out, it will signal a bullish Shiba Inu price prediction and support an uptrend towards $0.000017.
The DMI supports the likelihood of the uptrend continuing with the +DI line (blue) crossing above the -DI line (red), signalling that a bullish trend is now in play. However, traders should remain cautious of the ADX line that signals the current trend is weak and Shiba Inu may drop to test resistance at the handle’s breakout point.
SHIB/USDT: 4-Hour Chart
To sum up, SHIB price appears to be on a bullish path, after the recent 4% gains and the surging network activity and burn rate. If the momentum holds and Shibarium’s usage grows to achieve 1 trillion SHIB burns daily, the meme coin eyes massive gains to new highs.
The renowned PolitiFi token TRUMP coin has recently seen a surge in price and investor activity, emerging as a hot buzz within the crypto market amid Donald Trump’s dinner invitation to its holders. However, a peculiar dumping spree taken on by the meme token’s team has sparked concerns market-wide lately.
On-chain statistics indicated that the team offloaded $20 million worth of tokens to crypto exchanges on April 29. Meanwhile, in an unprecedented plot twist, Democratic senators pushed for an inquiry into the upcoming dinner for token holders, which appears to have solidified concerns amid the massive dump.
TRUMP Coin Team Offloads $20M To Crypto Exchanges
Lookonchain’s X post on April 29 revealed that a wallet linked to the TRUMP coin team has deposited a whopping $19.6 million worth of tokens to the crypto exchange behemoths Binance, OKX, and Bybit.
As per the data, 700,000 tokens worth $10.21 million were dumped to Binance. Whereas, 350,000 and 296,000 tokens were offloaded to the CEXs OKX and Bybit, respectively.
Source: Lookonchain, X
Primarily, the massive deposits highlighted above indicate that the token supply on exchanges rose considerably. In response, market watchers eye the dumps with some caution, whereas the recent probe into Donald Trump’s upcoming dinner has rung further alarms.
Democrats Push For Inquiry Into The Upcoming Dinner
U.S. Sen Adam B. Schiff and Elizabeth Schiff have recently called for an inquiry into the upcoming Donald Trump dinner for top investors in his PolitiFi token. Notably, the Senators have requested U.S. Office of Government Ethics Director Jamieson Greer to launch a probe into the matter.
“We write to request an urgent inquiry regarding President Trump’s invitation for top investors in his meme coin, $TRUMP, to join him at an intimate private dinner and private VIP reception, which led to a subsequent surge in investment in the President’s digital asset that increased its value by approximately $100 million,” Schiff & Warren wrote in their filing.
The dinner for the top 220 investors in the PolitiFi token will occur on May 22, 2025. Intriguingly, CoinGape reported that market watchers believe TRON founder Justin Sun is attending this dinner, among many other renowned personalities.
Meanwhile, the PolitiFi token’s price traded at $13.95 at the time of reporting, extending weekly gains to nearly 70% amid the President’s dinner buzz. However, despite the rising price action, a TRUMP coin price prediction by CoinGape revealed that bears remain dominant on the token, per the 3-month bias indicator.
Additionally, investors’ apprehension took a further hit as Coinglass data showed an 8% drop in the token’s futures OI to $734 million. Further, even the derivatives market volume saw a 13% decline in value to $2.70 billion. Traders and investors are now left speculating over future price actions amid uncertain market dynamics and soaring optimism in light of the upcoming dinner.
Bitcoin’s value has jumped +11.2%, and this has once again coincided with key whales & sharks adding on to their already enormous bags. Wallets holding 10-10K 
