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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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Nexo in US:- The digital asset and crypto lending focused firm, Nexo, has re-entered US market. In a latest update coming from an exclusive event, the firm is making its re-entry into the market it left in 2022.
Nexo co-founder and CEO Antoni Trenchev announced, “America is Back – and so is Nexo”.
This return comes amid the developing pro-crypto regulatory environment in the US. The new SEC Chair Paul Altkins have taken the lead. As he discusses clear regulations for the crypto industry, the crypto market is expecting bullish sentiments ahead.
According to the announcement on X, Nexo will offer its full suite of digital-asset banking products to US users, including:
1. Instant Crypto Credit Lines – This will allow users in US to borrow against BTC, ETH and 100+ other tokens. They can borrow at industry-leading rates ( 2.9% APR) without selling their assets.
2. Flexible & Fixed-Term Savings: Nexo also provides high-yield crypto savings accounts. Its flexible savings plans can offer up to 14% annual yield with daily payouts and no lock-ups.
This will allow US customers to earn daily yields on crypto and stablecoins.
3. Personal USD Accounts: It allows users to top up, hold and withdraw U.S. dollars directly in your name.
4. Crypto-Backed Loans: The critical business operation of Nexo. Users in US market will be able to access liquidity on demand by its platform. However, the laon can only be given after keeping their crypto holdings as collateral.
It also has its own Web3 wallet and its venture arm, Nexo Ventures. The venture arm is a dedicated $150 million in-house investment fund providing support to DeFi, blockchain gaming, and NFT projects in the Web3 ecosystem.
Nexo’s re-entry announcement in the US market gains more strategic significance as it was unveiled in the presence of top diplomatic circles. In the recently concluded exclusive event, co-founder of Nexo, Antoni Trenchev, was present with Donald Trump Jr., and Israel’s Minister of Innovation ans Science, Gila Gamliel.
US President Trump declared in the event, “We see the opportunity for the financial sector and want to ensure we bring that back to the U.S..”
This suggests that UK-based crypto lender Nexo enjoys high-level connections in White House circles. This is an advantage that could serve it well as it expands into the U.S. market.
In 2022, Nexo stepped out of the US market amid clashes with the regulators. The doomed year for crypto lenders saw many such firms quitting or filing for bankruptcy.
However, now there is an evident rebound in the market. According to DeFillama data, total value locked in crypto-backed lending has climbed past $15 billion in April 2025. This is up by 53.1% – from $9.8 billion at the end of Q4 2024 to present $15 billion. This underscores renewed borrowing activity as rates become more competitive with traditional credit lines
In fact, in the last 24-hours, DeFi lending protocols have added $2.3 billion in TVL with 6% bump. Active loans are rising by $700 million – reflecting traders’ growing appetite for on-chain credit.
In the broader market itself, there is a bullish sentiment. BTC Price has surged past $95K and ETH is trading around $1,808 as of writing.
The post Nexo Is Back: Crypto Lending Giant Returns to U.S. Market With Trump Support appeared first on CoinGape.
Bitcoin (BTC) is up nearly 5% over ten days and is currently attempting to reclaim the $90,000 level. The recent uptick in whale activity, combined with strong technical indicators, is fueling optimism about a potential breakout.
Bullish patterns across both Ichimoku Cloud and EMA structures suggest the market may be gearing up for a move higher. As momentum builds, traders are watching closely to see if BTC can push toward the $100,000 mark in the coming weeks.
The number of Bitcoin whales—wallets holding between 1,000 and 10,000 BTC—increased from 1,980 on March 22 to 1,991 on March 25, marking the highest count since December 15.
Although modest, this rise is significant as it reflects renewed accumulation by large holders after more than three months of subdued activity.
Tracking whale wallets is crucial because these large players often move markets; their accumulation or distribution patterns can serve as early signals of broader sentiment shifts or major price moves.
Whales are typically considered “smart money,” and when their numbers rise, it often suggests increased confidence in the market’s near-term outlook.
Although the growth rate of new whales has slowed in recent days, the fact that their count has reached a multi-month high signals underlying strength.
It could imply that institutional or high-net-worth investors are positioning themselves ahead of a potential bullish move, adding weight to Bitcoin’s current support levels and possibly paving the way for further upside if momentum continues.
Bitcoin’s Ichimoku Cloud chart is showing a bullish structure, with price action clearly above the cloud and the cloud itself turning green and rising ahead.
The Tenkan-sen (blue) is above the Kijun-sen (red), indicating that short-term bullish momentum is still in play. However, the two lines have started to flatten, suggesting a possible pause or consolidation.
The future cloud (Kumo) is wide and sloping upward, which signals solid underlying support and growing trend strength. Additionally, the Chikou Span (lagging line) is positioned well above past price action, further confirming bullish sentiment.
While there may be some sideways movement in the short term, the overall Ichimoku setup continues to favor the bulls unless a breakdown below the cloud shifts the outlook.
Bitcoin’s EMA lines are aligning for a potential golden cross, which could signal the start of a fresh bullish phase. If this crossover happens and Bitcoin price manages to break the resistance at $88,807, it could trigger a move toward $92,928.
A strong continuation of the uptrend might then send Bitcoin to test $96,503 and $99,472, with a possible breakout above $100,000 if momentum accelerates.
On the other hand, if Bitcoin fails to break above $88,807 and faces a trend reversal, it could pull back to test the support at $84,736. A break below that level could lead to further downside toward $81,162.
If selling pressure continues, BTC might even revisit $79,970 and $76,644, potentially falling back below the $80,000 mark.
The post Bitcoin (BTC) Eyes a Breakout Towards $100,000 as Whale Accumulation Surges appeared first on BeInCrypto.
The post How James Wynn Lost $60 Million in a Week Trading Bitcoin appeared first on Coinpedia Fintech News
In the world of cryptocurrency trading, fortunes can be made — and lost — in a matter of days. One such example is James Wynn, a crypto trader famous for using high leverage in his trades. Recently, Wynn faced one of the biggest losses of his career, losing over $60 million in just seven days.
The trouble began on May 19th, when Wynn opened a big trade on Bitcoin using 40x leverage. This means for every $1 of his own money, he borrowed $40 to increase his bet. He started with 5,520 Bitcoin at a price of around $103,300. Over the next few days, he kept increasing his position, pushing it past 9,300 Bitcoin and then above the $1 billion mark.
At first, it looked like a smart move. As Bitcoin’s price rose, Wynn’s trade showed unrealized profits of over $10 million. He even locked in some gains by closing part of his position. But the market soon turned against him. A drop in Bitcoin’s price, triggered by news about new U.S. tariffs on European goods, caused his position to lose value fast.
Wynn tried to recover by adding new trades and switching strategies, but the losses kept piling up. By May 26th, he had lost about $60 million, making it one of the steepest declines of his career. Despite the setback, he mentioned that his trading account still had around $25 million in profits from earlier trades.
James Wynn became famous in the crypto world during the 2022 bull market. Back then, he reportedly got support from Alameda Research, a trading firm known for backing new crypto traders. Wynn gained attention for his aggressive trading style, using leverage levels as high as 40x to amplify his positions.
He made big profits trading Bitcoin and meme coins like Pepe Coin and Official Trump Token. His strategy involves reacting quickly to market moves and even using social media to share his positions, which sometimes influences other traders.
The post How James Wynn Lost $60 Million in a Week Trading Bitcoin appeared first on Coinpedia Fintech News
In the world of cryptocurrency trading, fortunes can be made — and lost — in a matter of days. One such example is James Wynn, a crypto trader famous for using high leverage in his trades. Recently, Wynn faced one of the biggest losses of his career, losing over $60 million in just seven days. …