Crypto has the potential to make ordinary people hilariously rich. Here’s three real life tales, and one guy who sold free Bitcoin too early. A surprise manila folder with millions of Bitcoin, a memecoin that went to the moon and a series of high-stakes poker games these are some true-life tales of people who struck it rich with crypto. While there are many stories of skilled traders, miners and gamers who became self-made crypto millionaires, the more interesting ones are those who stumbled into crypto and accidentally struck digital gold. It was 2013. Two freshman students were sitting at a bar. The guy, a nerdy computer type, was interning at Goldman Sachs. He told the girl lets call her Anna You should invest in Bitcoin. The girl, who had the resources, said, Sure. $10,000 was exchanged, and Anna forgot about it. Read more
Crypto has the potential to make ordinary people hilariously rich. Here’s three real life tales, and one guy who sold free Bitcoin too early. A surprise manila folder with millions of Bitcoin, a memecoin that went to the moon and a series of high-stakes poker games these are some true-life tales of people who struck it rich with crypto. While there are many stories of skilled traders, miners and gamers who became self-made crypto millionaires, the more interesting ones are those who stumbled into crypto and accidentally struck digital gold. It was 2013. Two freshman students were sitting at a bar. The guy, a nerdy computer type, was interning at Goldman Sachs. He told the girl lets call her Anna You should invest in Bitcoin. The girl, who had the resources, said, Sure. $10,000 was exchanged, and Anna forgot about it. Read more
China’s control over crypto liquidity and its buying power gives Beijing unprecedented leverage over the Trump family’s digital fortune. Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association China’s control over cryptocurrency liquidity in Hong Kong gives it unprecedented power over the Trump family’s crypto wealth. This leverage lets Beijing influence the family’s financial fate — and potentially US-China relations — through market moves. As Eric Trump visits Hong Kong, this crypto-political nexus signals a new era of global power. Cryptocurrency is no longer seen as just the new financial innovation around the block. Virtual assets have become powerful geopolitical instruments determining the fates of nations. Read more
Ether's bullish Augusts in the past have preceded major rallies into year-end, raising hopes of ETH price reaching $7,000 by January. Key takeaways: ETH eyes record monthly close, unlocking potential for a year-end rally. History shows August’s average 60% gains into December despite September dips. Read more
Private OTC token deals give funds discounted allocations and predictable profits, while retail investors face hidden sell pressure and little transparency. Crypto funds and market makers are buying tokens at steep discounts through private over-the-counter deals and hedging them with shorts, locking in double-digit returns while retail traders take the risk. Venture capitalists, funds and market makers can often secure allocations at roughly a 30% discount with three- to four-month vesting, then hedge by shorting the same amount on perpetual futures markets, according to Jelle Buth, co-founder of market maker Enflux. This structure largely guarantees profits that can annualize to as much as 60%-120%, regardless of where the token price moves. Read more