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Insider Buying: Bonk, Inc. Board Member Mitchell Rudy Acquires Stock to Close Q4
Accessnewswire· 2026-01-09 13:30
Core Insights - The article highlights the confidence of Bonk, Inc. in its "Revenue-to-Treasury" strategy as indicated by the recent stock purchase by a board member [1] Company Actions - Mitchell Rudy, a member of Bonk's Board of Directors, purchased 13,142 shares of Bonk, Inc. common stock in the open market at the end of the fourth quarter [1]
Crypto Liquidations Top $477M as Bitcoin Slips Below $90K
Yahoo Finance· 2026-01-08 13:19
The new year enthusiasm has all but vanished as Bitcoin continued its sustained downtrend, undoing most of the year-to-date gains noted in the first week. Bitcoin is down 2.4% over 24 hours, and is trading at $89,881, according to CoinGecko data. The total crypto market capitalization, which hit $3.305 trillion yesterday, is down 2.6%. As a result of the top crypto’s downward move, total liquidations over the past 24 hours have exceeded $477 million, according to CoinGlass data. Bulls who rode the optimi ...
Prediction: Dogecoin Will Plunge to Under a Penny in 2026
Yahoo Finance· 2025-12-19 16:20
Core Viewpoint - Dogecoin has experienced a significant decline in 2025, with predictions indicating it may fall below one cent in 2026 due to changing investor sentiment and valuation comparisons with other meme coins [1][8]. Historical Performance - Dogecoin launched in December 2013 but only broke the penny barrier in January 2021, reaching an all-time high of $0.74 in May 2021, leading to substantial gains for some investors [2]. - Since its peak in May 2021, Dogecoin has been on a downward trend, currently trading 82% below its all-time high [3][8]. Market Sentiment and Valuation - The hype surrounding Dogecoin, particularly with endorsements from figures like Elon Musk, has not translated into sustained value, leading to a disappointing year for investors in 2025 [4]. - Dogecoin's valuation is questioned when compared to other meme coins, such as Shiba Inu, which has a market cap of $4.5 billion, suggesting that Dogecoin's current valuation of $20 billion may not be justified [6]. Potential Future Valuation - If investors begin to value Dogecoin similarly to Shiba Inu, with its large circulating supply of 152 billion coins, the price could drop to approximately $0.03 [7]. - A further comparison with Bonk, another meme coin with a market cap of $715 million, could imply an even lower price of around $0.004 for Dogecoin [9].
BONK Meme Coin Lands on Swiss TradFi Markets: Will ETP Boost BONK Price Prediction?
Yahoo Finance· 2025-11-28 03:55
Group 1 - Bonk, a Solana-based memecoin, is now trading on Switzerland's SIX Swiss Exchange through a regulated exchange-traded product launched by Bitcoin Capital AG, allowing investors to buy exposure to Bonk via standard brokerage accounts without needing to hold the token directly [1][3] - The token, which launched on Christmas Day in 2022, is designed as a community-driven project and is currently trading approximately 83% below its all-time high from November 2024, despite a recent increase of about 2.8% [2][4] - The listing of Bonk on a regulated exchange represents a significant step towards mainstream acceptance of memecoins, positioning it alongside traditional assets like stocks and bonds [3][4] Group 2 - Bitcoin Capital AG, based in Switzerland, specializes in issuing exchange-traded products backed by cryptocurrencies, aiming to provide regulated access to digital assets for investors [4] - The entry of Bonk into European markets follows the recent launch of a Dogecoin exchange-traded fund by Grayscale in the United States, which saw trading of approximately $1.4 million on its first day, falling short of expectations [4] - Technical analysis indicates that Bonk is currently within a multi-month falling wedge pattern, suggesting potential for a price shift if it breaks above the upper trend line, although it has been under selling pressure [5][6]
North Korean group linked to another major attack on South Korea’s top exchange
Yahoo Finance· 2025-11-27 21:47
Core Insights - The crypto market has faced significant challenges in Q3 2025, with Bitcoin's price dropping from an all-time high of over $123,000 to around $90,000 [1] Industry Developments - Several companies in the crypto industry are shutting down or filing for bankruptcy, including DappRadar, which ceased operations due to financial unsustainability [2] - Rental Coins, a Brazilian crypto firm, has filed for Chapter 15 bankruptcy in the U.S. to recover its assets [2] - Bitfarms Ltd. announced plans to abandon Bitcoin mining operations in favor of AI by 2027 [3] Security Incidents - A leading crypto trading exchange has suffered a significant hack, resulting in millions of dollars lost [3] - Upbit, South Korea's largest crypto exchange, reported a loss of approximately $36.8 million due to a breach involving irregular withdrawals of Solana network assets [4] - Upbit has initiated an emergency security review and halted some services following the incident [4] Company Responses - Upbit's CEO stated that the exchange will fully compensate affected members with its own assets [5] - The exchange has moved remaining funds into cold storage to prevent further suspicious withdrawals and is working to freeze on-chain assets [5] - Naver Financial announced plans to acquire Upbit's parent company, Dunamu, in an all-stock deal valued at $10.29 billion [6]
Is Any Cryptocurrency Other Than Bitcoin a Potential Millionaire Maker?
Yahoo Finance· 2025-11-17 10:43
Group 1 - The cryptocurrency market is becoming increasingly challenging for finding significant investment opportunities, with Bitcoin only up 10% this year, raising concerns about its future potential to create new millionaires [1][8] - Despite the struggles of established cryptocurrencies, there are still high-risk opportunities in new cryptocurrencies that lack a proven track record, which could potentially yield high returns [2] Group 2 - AI coins were expected to benefit from the growth in the artificial intelligence sector, but they have performed poorly in 2025, with notable declines such as Artificial Superintelligence Alliance down 77%, Render down 68%, and Bittensor down 22% [3][4] - Meme coins have historically shown potential for high returns, but recent performance has been disappointing, with Dogecoin down 45%, Shiba Inu down 55%, and Bonk down 60% this year [5][7] - The concept of a Memecoin Supercycle suggests that some meme coins could outperform other cryptocurrencies in the long term, potentially creating a new asset class, especially with the anticipated launch of new spot crypto ETFs [6]
Millionaire Trader Gets Liquidated For $15 Million On DOGE, SHIB Rival Bonk And Fartcoin In 'Most Brutal Liquidation Ever'
Yahoo Finance· 2025-10-15 18:01
Core Insights - A pseudonymous crypto trader, Unipcs, experienced a significant loss of $15 million due to a liquidation event, which he described as the most "brutal" in crypto history [1] - The market saw Bitcoin and Ethereum drop approximately 13%, while altcoins and meme coins experienced a drastic decline of 70% to 99% within minutes [2] - The crash was primarily limited to centralized exchanges, indicating issues related to liquidity and market-making rather than a systemic market failure [3] Market Dynamics - Exchange systems failed during the liquidation, with stop-loss orders not triggering and margin additions being impossible, leading to an unprecedented speed and severity of the market crash [3] - Despite the losses, Unipcs remains optimistic about the market's potential for a rally in Q4, suggesting that recovery is possible and that the market still holds significant profit opportunities [4] Investment Strategies - Unipcs plans to revise his trading frameworks by reducing leverage, enhancing risk protocols, and protecting positions against failures from exchanges [3] - The broader investment landscape emphasizes the importance of diversification across various asset classes to manage risk and achieve steady returns, as highlighted by the mention of platforms that provide access to real estate and other investment opportunities [4][5]
Bitcoin Dominance Slips as Altcoin Rally Takes Hold—How Low Will It Go?
Yahoo Finance· 2025-09-18 15:09
Group 1 - Bitcoin dominance is currently at 57.79% and is expected to decrease further, despite experts predicting a rise in Bitcoin prices to new highs this year [1][6] - Following a recent Federal Open Markets Committee meeting, Bitcoin's price increased by 1% and reached a peak just below $118,000, marking its highest price in over a month [2][3] - Analysts forecast Bitcoin prices could reach between $140,000 and $145,000 by year-end, driven by rate cuts and a shift of funds into Bitcoin as a safe haven amid expectations of USD devaluation [3] Group 2 - Short-term trends indicate a rotation of traders into altcoins, particularly ahead of anticipated SEC approvals for various crypto ETFs, which may temporarily affect Bitcoin dominance [4] - Notable altcoins like XRP and BNB have seen significant price increases, with XRP rising 3% to $3.12 and BNB climbing about 5% to $996, setting a new all-time high above $1,000 [4] - Solana has experienced a substantial increase of almost 6% in the past day, reaching $248, and has risen 35% over the last month, largely due to corporate treasury purchases [5] Group 3 - Users on the Myriad prediction market are bearish on Bitcoin dominance, with 53% believing it will drop to 53% before potentially recovering to 63% [6] - The last time Bitcoin dominance was at 63% was in mid-July, coinciding with Bitcoin's previous all-time high above $112,000 [6]
How to buy REX-Osprey DOJE (Dogecoin, XRP, Trump, Bonk ETF) shares
Yahoo Finance· 2025-09-12 17:40
Group 1 - The REX-Osprey's DOJE ETF is set to begin trading on September 12, marking a significant milestone for cryptocurrency investors in the U.S. as it will be the first clear XRP fund under the Investment Company Act of 1940 [1][2] - The ETF has achieved "post-effective" status after a 75-day review by the SEC, indicating no issues were found [2] - The launch of this ETF is closely monitored by investors, who are interested in its implications for XRP's price, future ETF filings, and the overall movement towards regulated digital asset exposure [3] Group 2 - The ETF will be traded on a regulated U.S. stock exchange, providing a different investment structure compared to directly purchasing XRP or Dogecoin on exchanges [4][7] - Investors can buy the ETF through various brokerage accounts, such as Robinhood, E*TRADE, or TD Ameritrade, without needing a crypto wallet or exchange account [4][7] - The ETF will have its own ticker symbol, with "DOJE" designated for the REX-Osprey, allowing investors to easily track and trade the fund [8]
Millionaire Trader Snubs Dogecoin, Shiba Inu But Predicts 'Explosive Parabolic Move' For Meme Coins
Yahoo Finance· 2025-09-11 02:31
Core Insights - A prominent millionaire meme coin trader believes that the recent bounce in meme coins is just the beginning, with an "explosive parabolic move" expected soon [1][4] - The trader, Unipcs, has a current position in Fartcoin (CRYPTO: FARTCOIN) with a profit and loss (PnL) of approximately $4.3 million, down from a peak of over $8 million [2][3] - Unipcs plans to hold his positions until they surpass $10 million in value, focusing on undervalued assets and maintaining conviction in his strategy [3][5] Profit and Loss Analysis - In June, Unipcs reported an unrealized profit of $4.5 million, which has slightly decreased to around $4.3 million today [2] - The PnL has remained around the $4 million mark for the past few months, not accounting for nearly $933,000 already paid in funding [3] Market Outlook - Unipcs anticipates a parabolic rally in meme coins, particularly those within the Solana (CRYPTO: SOL) ecosystem [3] - He emphasizes a long-term investment strategy, contrasting with short-term or volatility-driven trading approaches [5] Investment Focus - Unipcs's conviction picks include Fartcoin, Useless, and Bonk (CRYPTO: BONK), while he notably excludes Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) from his list [6]