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Collective traders or organizations now dominate the Bitcoin mining industry, but a few solo miners like CK end up defying the odds at times, winning against these groups. A Solo BTC miner, CK, recently succeeded in mining the 899,826th block and made nearly $330K in one such event. How? Let’s discuss. Bitcoin Miner Solo CK
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Shiba Inu meme coin has recently rattled the crypto market by following one of the latest trends in the sector. The crypto’s team shared an X post this Friday that read, “Shib is for everyone.” This post follows the recent “Base is for everyone” token buzz.
Notably, Coinbase Layer 2 network Base earlier posted a very similar comment on X. As an upshot, the crypto realm saw the unintended launch of a new coin, with its price skyrocketing momentarily before falling from grace.
Shiba Inu team’s account @Shibtoken shared an X post on April 18 that read, “Shib is for everyone.” Further, the team shared another post soon after that read “Coined it.” The latter post was linked to Zora, a platform that allows users to mint content as tokens.
As mentioned above, these posts mainly follow the Coinbase L2 network’s recent chronicle. It’s noteworthy that the Layer 2 network shared an X post that read “Base is for everyone, followed by another post that read, “Just coin it,” linking it to the platform Zora.
The upshot? A domino effect kicked in, and these posts by the Layer 2 network ignited the launch of a new token that wasn’t even officially verified. Notably, this new token soon hit a market cap of over $20 million before erasing over 40% in value and retracing to $11 million. In turn, crypto market traders and investors are left abuzz amid this token’s launch, whilst the Shiba Inu team is now following similar footsteps.
It’s notable that some crypto traders even turned a mere $4.5K investment into a whopping $666K with the new “Base is for everyone” token. This saga put a major spotlight on the crypto project, with some even tossing insider trading and rug-pull allegations.
Meanwhile, the hourly SHIB price chart shows that the meme coin witnessed a 1% uptick after the post by @Shibtoken, reaching $0.0000118. Its price recovered after hitting a low of $0.00001164 intraday. Notably, market experts like IAmCryptoWolfy are wondering about the sudden jump in Shiba Inu price, highlighting the surge on X.
However, this upward trajectory is relatively diminished compared to what the new Base token witnessed before falling. Besides, CoinGape recently reported that SHIB’s daily volume has also hit remarkable levels. As a result, traders and investors remain optimistic about what lies next for the meme coin’s price as it taps into one of the latest market trends amid bullish dynamics.
The post Shiba Inu Follows Crypto Market Trend With “Shib Is For Everyone” Post, What’s Happening? appeared first on CoinGape.
The post Ethereum Price Climbs, but Analysts Warn of Risks Following Large Inflows appeared first on Coinpedia Fintech News
Ethereum has posted a strong recovery over the past week. On April 9 alone, the ETH market saw a growth of 8.24%. In the last 24 hours, the market has surged by over 1.5%. However, fresh on-chain data shows a disturbing trend – an unusually large influx of ETH to derivatives exchanges. Is another price drop coming?
At the start of this month, the Ethereum price was $1,821.51. Although at one point on the second day of the month, the price touched a peak of $1,957.94, it plummeted to $1,794.51 by the time of closing.
Between April 5 and 8, the ETH market slipped by over 18.86%. Since April 9, the market has surged by 7.82%.
Compared to the first week, the market appeared more stable in the second week. Between April 7 and 13, the market climbed slightly by 2.83%.
In the last seven days, the market has witnessed a rise of 0.1%.
The Ethereum Exchange Netflow (Total) – Derivative Exchanges chart reveals that over 77,000 ETH were sent to derivative exchanges yesterday.
Reports indicate that the aforementioned unusual inflow was the largest daily inflow in March and April.
Yesterday, the ETH price declined from $1,588.44 to $1,577.07, marking a drop of 0.71%. At one point yesterday, the price touched as low as $1,537.28.
These types of inflows often suggest traders are hedging or opening short positions.
A historical pattern analysis reveals that similar inflows, though not as severe as April 16’s, were observed on March 26 and April 3 as well.
On both these occasions, the market witnessed a sharp correction. Between March 25 and 30, the Ethereum market experienced a serious correction of 13.05%. Between April 4 and 8, the market saw a significant correction of 18.92%.
The global economic crisis, triggered by the US’ aggressive tariff policy, has affected almost all the major asset classes, including the cryptocurrency market.
Since April 1, the cryptocurrency market has slipped by around 0.38%, and the altcoin market by 4.42%. During the period, the Ethereum market has dropped by at least 12.56%.
In 2024 and 2023, Ethereum grew by 46.1% and 90.8%, respectively. In the first quarter of this year, the market showed an unimpressive change of -45.3%. In Q1 2024 and Q1 2023, the market rose by 59.8% and 52.4%, respectively.
April has been a volatile month for the entire crypto market, especially the Ethereum market, because of the imposition of the tariff policy by the Trump administration and the subsequent announcement of a 90-day pause for its implementation.
In conclusion, Ethereum’s price is showing some recovery, but big inflows to derivatives and global tensions make its short-term outlook uncertain.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Ethereum Price Climbs, but Analysts Warn of Risks Following Large Inflows appeared first on Coinpedia Fintech News
Ethereum has posted a strong recovery over the past week. On April 9 alone, the ETH market saw a growth of 8.24%. In the last 24 hours, the market has surged by over 1.5%. However, fresh on-chain data shows a disturbing trend – an unusually large influx of ETH to derivatives exchanges. Is another price …
Aave and Uniswap protocols recently created new records amid signs of a recovery in the cryptocurrency market.
Record-breaking achievements by Aave and Uniswap amid a recovering crypto market raise the question: Are we witnessing the start of a new DeFi boom, or is this just a short-term surge?
With Ethereum (ETH) surpassing $2,500, a key milestone in a volatile crypto market, whale activity on Aave and milestones from Uniswap paint a picture of the decentralized finance (DeFi) ecosystem.
A wallet linked to WLFI recently deposited 50 WBTC into Aave V3 and borrowed 400 million USDC to purchase 1,590 WETH at an average price of $2,515. This wallet now holds assets worth $15.11 million, including 3,924 WETH ($9.91 million) and 50 WBTC ($5.19 million). It has a healthy position on Aave (Health Rate of 2.0), reflecting confidence in ETH’s upside potential.
On the same day, a whale named nemorino.eth bought 3,088 WETH at an average price of $2,488, securing an unrealized profit of approximately $124,000. This reinforces bullish sentiment around ETH as large investors accumulate near the $2,500 level. However, not all whales are optimistic.
On May 12, 2025, EmberCN reported that a whale borrowed 5,000 ETH from Aave in 50 minutes and shorted it at $2,491, highlighting divergent investment strategies.
The surge in whale activity on Aave aligns with remarkable DeFi milestones. Aave’s founder, Stani Kulechov, announced on May 11, 2025, that Aave reached a record Total Value Locked (TVL) of $25 billion, making it one of the largest DeFi protocols.
According to DeFiLlama data from May 14, 2025, Aave accounts for over 21% of the DeFi market’s TVL, surpassing competitors like Lido (LDO) and EigenLayer (EIGEN). This growth is largely driven by large investors depositing substantial assets into the protocol.
Meanwhile, Uniswap, a leading decentralized exchange (DEX), achieved a historic milestone. On May 12, 2025, Uniswap reported that its all-time trading volume surpassed $3 trillion, showing DeFi’s appeal.
DefilLama data from May 14, 2025, shows that Uniswap processes over $3.6 billion in transactions in 24 hours, capturing 24% of global DEX trading volume and solidifying its dominance.
These milestones from Aave and Uniswap reflect DeFi’s growth and a shift of capital from traditional finance to decentralized protocols.
These developments carry significant implications for ETH and the DeFi ecosystem. Active whale participation on Aave signals a strong belief in ETH, particularly as its price exceeds $2,500. This optimism supports the broader DeFi narrative.
Aave’s $25 billion TVL highlights its role in providing liquidity and supporting complex investment strategies. Similarly, Uniswap’s $3 trillion trading volume shows the popularity of DEXs, enabling direct, intermediary-free trading that reduces costs and enhances transparency.
The DeFi boom could propel ETH’s long-term growth. The price surpassing $2,500, coupled with whale activity, indicates DeFi is becoming a cornerstone of Ethereum’s ecosystem.
The rise of Aave and Uniswap, fueled by record TVL and trading volumes, alongside significant whale activity, suggests DeFi is entering a new growth phase. While short-term market fluctuations remain possible, these protocols’ increasing institutional interest and strong fundamentals point to a sustained DeFi boom, with Ethereum at its core. However, investors should monitor market movement and whale strategies, as divergent approaches signal potential volatility.
The post Aave and Uniswap Break Records as ETH Surges Past $2,500. Is DeFi Back? appeared first on BeInCrypto.