Tag: Worth

  • Top 3 altcoins under $1 worth watching: Sei, Ethena, Arbitrum

    Top 3 altcoins under $1 worth watching: Sei, Ethena, Arbitrum

    Sei Token Among Top Coins To Watch

    • Sei eyes further gains as it breaks above $0.31 with a 20% surge in 24 hours.
    • Ethena price is above $0.35 and could eye the $1 psychological level amid fresh momentum
    • Arbitrum price has reached $0.41 and could explode amid adoption trends.

    The cryptocurrency market is in an uptrend, with several altcoins under $1, including Sei, Ethena, and Arbitrum, seeing notable gains in the past 24 hours.

    Sei has surged 20% in the last 24 hours, breaking above $0.31, while Ethena has spiked above $0.35. Elsewhere, Arbitrum trades above $0.41.

    With these tokens among the top 100 best performers as altcoins gain alongside Bitcoin, are they worth watching?

    Here’s a brief overview of each.

    Sei (SEI) price poised at $0.31

    Sei, a high-performance layer 1 blockchain designed for decentralized finance (DeFi) and high-frequency trading, has recently captured significant attention.

    On July 10, 2025, Sei announced a major milestone with the integration of native USDC and Circle’s CCTP V2, positioning it as a trusted financial rail for institutional-scale transactions.

    This development, coupled with a 20% price surge in the last 24 hours, underscores Sei’s potential to dominate the DeFi and payment sectors.

    As Sei continues to enhance its infrastructure for seamless, near-instant global settlement, it remains a coin worth watching for investors seeking exposure to high-speed blockchain solutions.

    The broader crypto market, currently at $3.6 trillion, is experiencing a bull flip. Sei broke above $0.30 and could eye a further upward trajectory.

    Bulls will target $1 having already seen the token tap the all-time high of $1.14 in March 2024.

    Ethena (ENA) breaks above $0.35

    Ethena, a delta-neutral stablecoin protocol based on Ethereum, has seen a notable price increase, surpassing $0.35 as top altcoins rallied alongside Bitcoin.

    The ENA token’s uptick in the past 24 hours comes amid listing by Upbit, South Korea’s largest crypto exchange. Upbit announced the listing of ENA trading pairs with KRW, BTC, and USDT, beginning July 11, 2025.

    Ethena, which aims to provide a stablecoin solution resilient to market volatility, could see its native token benefit from Upbit’s listing with further adoption and liquidity.

    The Ethena Lab’s focus on stability and its integrations across the market means it’s a key player in the stablecoin and DeFi sectors.

    Given the crypto market’s recent surge, Ethena’s one of the altcoins to monitor. ENA traded at an all-time high of $1.52 in April 2024.

    Arbitrum price breaks $0.41

    Arbitrum, an Ethereum layer-two (L2) scaling solution, has demonstrated strong performance. ARB price has reached $0.41 and looks bullish.

    Known for improving Ethereum’s speed, scalability, and cost-efficiency through optimistic rollups, Arbitrum is well-positioned to dominate the smart contract platform sector.

    Its native token, ARB, is used for governance within the Arbitrum DAO, further solidifying its role in decentralized applications (dApps).

    A 15% increase in Arbitrum’s price over the last 24 hours and 26% in the past week, aligns with the broader market’s uptick.

    If institutional interest in L2 solutions continues to rise, Arbitrum’s potential for further gains makes it a noteworthy altcoin under $1.

    The token traded at the ATH of $2.40 in January 2024.



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  • Hoth Therapeutics to buy up to $1 million worth of Bitcoin

    Hoth Therapeutics to buy up to $1 million worth of Bitcoin

    Hoth Therapeutics, a publicly-traded biopharmaceutical company, has adopted Bitcoin (BTC) as a treasury asset.

    The clinical-stage biopharmaceutical company announced on Nov. 20 that its board of directors had approved adding BTC to its balance sheet. In the first step of this significant move, Hoth Therapeutics will buy up to $1 million in Bitcoin, according to details in a press release.

    Big move as Hoth buys Bitcoin

    Hoth points to Bitcoin’s traction as an investment asset, global adoption and rising institutional purchase as key to its decision. Bitcoin ETFs and options approval, increased ETF inflows and assets as well as plans for strategic BTC reserves has also buoyed several platforms.

    The Hoth management team also looked at BTC as a hedge against inflation and store of value as crucial features.

    “As Bitcoin continues to grow, gaining investor attention and acceptance as a major and primary asset class, we believe that Bitcoin will serve as a strong treasury reserve asset,” Robb Knie, chief executive officer of Hoth said.

    “With recent approval of Bitcoin ETFs and increasing activity from institutional investors, it is a strong addition to our treasury strategy. We believe its inflation-resistant characteristics may make it a reliable asset as a functional store of value,” Knie added.

    Hoth’s move comes as MicroStrategy, the company that has acquired a massive BTC haul since its first purchase in 2020, added to its holdings with a $4.6 billion purchase. Other companies, including ‘Asia’s MicroStrategy’ Metaplanet are looking to follow suit.

    Endowments, pension funds and family offices are among those to also take a serious look at Bitcoin.

    Meanwhile, the price of Bitcoin has surged to new all-time highs above $94,000 amid positive sentiment since Donald Trump’s re-election. Analysts say the benchmark crypto asset will surpass $100k, going parabolic in the next months.

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  • MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k

    MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k

    MicroStrategy, the business intelligence company founded by Michael Saylor that;s now the biggest corporate holder of Bitcoin (BTC), has added to its haul of the digital asset.

    On Monday, Saylor announced that the publicly-traded company had acquired another 27,200 BTC for over $2 billion. The news coincided with the surge in Bitcoin price – which reached a new all-time high above $84k.

    Earlier, the world’s largest and most popular cryptocurrency had traded to above $82k. This follows sentiment from the Donald Trump election victory, which continues to create a bullish buzz.

    MicroStrategy its $22 billion in BTC purchases

    The latest Bitcoin purchase for MicroStrategy comes after the company raised $2.03 billion. Earlier, MicroStrategy had revealed plans to raise $42 billion to buy more bitcoins – a scenario that has added to the overall bullish sentiment around the benchmark cryptocurrency.

    Saylor said his company spent these proceeds on buying an additional 27,200 BTC. With this acquisition, which was finalized at the average price of $74,463, MicroStrategy now has a total of 279,420 bitcoins.

    In total, the company has spent $11.9 billion to buy BTC at the average price of $42,692 per coin. At current price of $84,153, MicroStrategy’s Bitcoin holdings amount to over $23.5 billion.

    The BTC has achieved a yield of 7.3% quarter to date and 26.4% year-to-date.

    “Our MSTR treasury operations in the first 10 days of November resulted in a BTC Yield of 7.3%, a net benefit to our shareholders of ~18,410 BTC,” Saylor posted on X.



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  • Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses

    Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses

    Tesla transfers Bitcoin worth $770M to new addresses
    • Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses.
    • This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022.
    • Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy.

    Tesla, the electric vehicle giant led by Elon Musk, has recently relocated its entire Bitcoin (BTC) treasury, consisting of 11,509 bitcoins valued at approximately $770 million, to multiple new addresses.

    This significant move was reported by analytics firm Arkham Research, which tracked the on-chain data associated with the transactions.

    First time Tesla is touching its Bitcoin stockpile

    The transfer of bitcoins marks Tesla’s first interaction with its crypto wallets since 2022 when the company sold off the majority of its holdings.

    The series of transactions occurred within a single hour and was preceded by six test transactions, indicating a strategic approach to the relocation.

    At its peak, Tesla held around 43,000 bitcoins, but according to the latest quarterly report, the company reportedly had about 9,720 BTC, worth roughly $650 million as of October 15.

    Arkham estimates that Tesla still holds 11,509 bitcoins across 68 addresses, reflecting a significant adjustment in its cryptocurrency strategy.

    Tesla’s past dealings with Bitcoin have been noteworthy. In early 2021, the company made headlines with a monumental $1.5 billion investment in the cryptocurrency, followed by the sale of $272 million worth of bitcoin in the first quarter of 2021, resulting in a profit of $128 million.

    By the second quarter of 2022, Tesla sold another $936 million in Bitcoin, garnering $64 million in gains as the market experienced volatility.

    Despite these transactions, the recent move to new addresses raises questions about Tesla’s future plans for its Bitcoin holdings. Industry speculation suggests that the company might be preparing for further sales, although no official statements have clarified the intent behind the recent transfer.

    As of now, Tesla remains the third-largest holder of Bitcoin among publicly traded companies, trailing behind MicroStrategy and Marathon Digital Holdings (MARA).

    Additionally, Musk’s other company, SpaceX, is estimated to hold around 8,285 bitcoins, further emphasizing the significant role cryptocurrency plays in the operations of Musk’s enterprises.

    Notably, Tesla continues to accept BTC payments for vehicle purchases, signalling its ongoing engagement with the cryptocurrency landscape.

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  • Whale dumps $3 million worth of INJ and buys LDO

    Whale dumps $3 million worth of INJ and buys LDO

    An image of a whale’s tail in the ocean
    • The whale sold over 150k Injective (INJ) tokens worth over $3.29 million.
    • According to Lookonchain, the whale acquired 2.44 million Lido DAO (LDO) worth over $3.05 million.
    • INJ price dipped slightly while LDO rose

    A whale has sold a significant amount of Injective (INJ) and bought more Lido DAO (LDO) tokens.

    On Wednesday, Sept. 25, Lookonchain shared on-chain details that showed the whale dumped 150,428 INJ valued at $3.29 million. The whale swapped the INJ for 2.44 million LDO valued at more than $3.05 million.

    Per Lookonchain, the whale sold their INJ for LDO via crypto liquidity provider Cumberland.

    Injective price

    Injective (INJ) is layer 1 blockchain decentralized finance applications. The Binance and Mark Cuban-backed interoperable L1 blockchain currently ranks as the 49th largest cryptocurrency by market at $2.1 billion.

    The price of Injective’s native token fell 3% to trade near $21.24. INJ trading lower also saw weekly gains shrink to around 14%, while Injective is now down 1.4% in the past month. Notably, INJ reached highs of $22.70 on Tuesday, hitting the resistance level seen on August 24.

    INJ price however reached $52.62 on March 14, 2024 and its currently positioned nearly 59% off that level.

    Lido DAO price

    With the LDO purchase, the whale’s showing their bullish projection for Lido. Growth for the decentralized finance platform – a market leader in Ethereum staking – may be among catalyst.

    The Lido DAO price was up 2.6% in the past 24 hours to change hands at highs of $1.29 earlier in the day. LDO is among the top gaining tokens with +29.7%  this past week.

    LDO price was at $1.26 at the time of writing.



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  • Mt. Gox moves Bitcoin worth nearly $2.8 billion

    Mt. Gox moves Bitcoin worth nearly $2.8 billion

    • Mt.Gox has moved over 44,500 BTC worth over $2.8 billion to an internal wallet.
    • The price of BTC fell slightly after the transfer, retreating to around $62,835.

    On-chain data shows a wallet linked to Mt. Gox has just moved more than $2.8 billion worth of Bitcoin.

    The huge transfer comes as Bitcoin price looks to hold gains seen since last weekend’s attempted assassination of Donald Trump.

    Mt.Gox transfers over $2.8 billion in BTC

    On Tuesday, Lookonchain shared details of a large BTC transfer.

    Citing data tracked by blockchain analytics firm Arkham, the platform said the transfer originated from the wallet of defunct crypto exchange Mt. Gox.

    The said Mt. Gox wallet moved over 44,500 BTC worth over $2.84 billion, with this going to an internal wallet. Market anticipation is that the exchange’s trustee could be preparing for a repayment round following an announcement in late May.

    Mt. Gox moved 47,000 bitcoins last month ahead of the expected repayments commencement date this July. As then, Tuesday’s transfer saw the price of BTC slip slightly from above $63,000.

    Analysts at Bitfinex said in a report on Monday that while positive news will continue to dictate BTC movement, the threat of fresh sell-off pressure remains. Mt. Gox, which currently holds 138,985 BTC worth over $8.8 billion, is likely to be one source of this anticipated downside pressure.  

    “Crypto asset prices in general in the current period have been determined by the news agenda, rather than fundamentals. Selling pressure concerns have not completely disappeared as Mt. Gox creditors are also scheduled to receive their BTC payouts over the next couple of weeks. We expect these headlines to continue to have some impact on price before a complete pricing in of the situation,” Bitfinex analysts wrote in the weekly report.

    Bitcoin currently trades around $62,835.

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  • If BONK can 10x, Solana phones will be worth $7000; meanwhile GFOX heads for $2 million

    If BONK can 10x, Solana phones will be worth $7000; meanwhile GFOX heads for $2 million

    Crypto has shocked the world yet again, and as open interest heats up, it is clear that risk-on market participants will thrive in the coming two years. Speculative appetite is up, and following the Bitcoin (BTC) Spot ETF approval anticipation, a dramatic industry repricing will occur.

    According to many, anybody who bought a Solana (SOL) Saga, which recently sold out in the US, should HODL the phone! If Bonk (BONK) can 10X the Solana phones will be worth $7,000. But the real top crypto to buy now is Galaxy Fox ($GFOX), which heads for $2 million and promises one of the best price discovery phases of any token in 2024.

    Saga sales turnaround: a strange success story

    Saga, a mobile phone released by Solana, was the first piece of hardware created by a layer one blockchain. Although sales were dismal and founder Anatoly even backpedalled on the product, stating it was an experiment in a podcast, the enormous surge of $BONK has breathed new life into the market. 

    Each phone comes loaded with an airdrop of 30 million $BONK, and if Bonk can 10x, the Solana phones will be worth nearly $7,000. Not bad for a phone that costs $599! The rampant increase in BONK’s valuation has single-handedly reversed the fortune of the Saga and driven the phone from a lack of sales to being sold out. A secondary market has even emerged, with people paying thousands of dollars for new, unopened Sagas.

    Will Bonk become retrospectively the best crypto to buy in 2023? For those early enough, certainly, but memecoins have a pre-ordained life cycle, and when Tier 1 centralized exchanges list them (Binance and Coinbase), the trade is already over. For those that missed $BONK, the top crypto to buy now and the next big opportunity is $GFOX.

    Galaxy Fox ($GFOX) aims at $2 million next step $5 million

    Galaxy Fox continues raising and has blown past its competitors when it comes to funding. Steadily closing in on $2 million and with $5 million as the next target, the natural question is just how high this P2E token can go. Early momentum paints a wonderfully accurate picture of future performance and judged on this metric, $GFOX is the top crypto to invest in before the end of 2023.

    This play-to-earn token is expanding the boundaries of what it means to be a P2E project. Instead of just the top-ranked players earning rewards, Galaxy Fox has enabled the entire community to earn thanks to its introduction of staking rewards. 

    Beyond this, the ecosystem provides novel ways for skilled market actors to generate profit, including an NFT marketplace. NFTs grant in-game stat bonuses, and logic dictates that as the prize pool for its runner game grows larger, the floor price of NFTs will climb as the stat boosts they confer grow more valuable. Mint an NFT early and flip it as the prize pool climbs? Could it be the best meta-trade within this cosmic ecosystem?

    Analysts have already forecast 100x gains in 2024, citing the protocol’s intricate taxation system, which funds staking payouts, the liquidity pool, and the Treasury. Taxes funding staking rewards means no long-term inflation. Tokenomics are deflationary, allowing value to accrue steadily over time. The Treasury funds ecosystem development initiatives, meaning more activity will equate to more new users, and a flywheel will activate. 

    Closing thoughts: memecoins & P2E tokens primed to explode in 2024

    The meta in the last quarter of 2023 has certainly been memecoins, and Bonk’s outrageous performance offers testament to this statement. Heading into 2024 this trend will remain intact, and GameFi is expected to become another dominant market vertical. 

    To learn more about $GFOX, visit Galaxy Fox Presale or join the Community.

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  • BTC Whale moves $37M worth of bitcoins after eleven years of inactivity

    BTC Whale moves $37M worth of bitcoins after eleven years of inactivity

    • There has been an increase in the number of early crypto holders moving tokens to new wallets.
    • The BTC whale moved all their bitcoins to a new wallet.
    • Whales make such moves in preparation for selling or alternative investments.

    Lookonchain has revealed that an early Bitcoin (BTC) holder transferred $37 million worth of bitcoins to new wallets after eleven years of inactivity. The move has ignited speculation about the motive behind this move.

    In the early hours of Wednesday, the Whale, a term used to describe a powerful owner of any financial asset, transferred all of their 1,037.42 bitcoin to a new address, “bc1qtl.” Although involving a staggering BTC amount, the token movement has had very little impact on the market seeing that Bitcoin (BTC) price has barely moved. BTC was trading at $29,192.78, up 0.06% in the past 24 hours.

    It is important to note that the transferred bitcoins were received on April 11, 2012, when the price was $4.92. The 1,037.42 BTC was at the time worth $5,107.

    Why did the Whale transfer the BTC?

    While such large cryptocurrency movements from early participants are mostly uncommon, they could mean the holder is preparing to sell the cryptocurrencies, stake on an exchange, or diversify their holdings for other tokens.

    The move is the most recent in a string of older wallets moving bitcoin (BTC) and ether (ETH) tokens to exchanges this year. At least four wallets transferred millions of dollars worth of bitcoins to exchanges or to other wallets in April.

    A wallet that had acquired over 61,000 ether (ETH) in an ICO eight years ago also transferred the entire sum to a wallet connected to the Kraken cryptocurrency exchange last week. These holdings, which were acquired during the ICO for 31 cents per token, are currently valued at over $116 million.



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  • ‘it’s worth nothing but I own some’

    ‘it’s worth nothing but I own some’

    interactive brokers chairman on bitcoin
    • Thomas Peterffy owns bitcoin for an unusual reason.
    • He says crypto activity at IBKR has been very slow.
    • BTC is trading well below the $30,000 level today.

    Interactive Brokers – a financial services company that enables 24/7 trading of bitcoin reported weaker-than-expected earnings for its first financial quarter this week.

    Chairman Peterffy’s view on BTC

    On Wednesday, discussing the earnings report with CNBC’s Andrew Ross Sorkin, the firm’s chairman said he owned bitcoin albeit for an unusual reason.

    As far as I’m concerned, it’s worth nothing. But I own some even though I believe it’s worth nothing because other people believe that it’s worth something.

    Thomas Peterffy also revealed that he did not have a view on where the bitcoin price may be headed from here.

    The world’s largest cryptocurrency is trading well under the $30,000 level today perhaps as investors moved to capitalise on its massive run to the upside in recent months.

    Crypto trading has been slow at IBKR

    Interactive Brokers recorded a 21% annualised increase in customer accounts in its recently concluded quarter to 2.20 million.

    Revealing how crypto contributed to the platform’s financial performance in Q1, Chairman Thomas Peterffy said on CNBC’s “Squawk Box”:

    Crypto activity on our platform is very slow. We don’t custody crypto – that may be a reason. But generally, crypto trading is much reduced from where it used to be a year or two ago.

    He doesn’t have a bullish view on the equities market either and said the S&P 500 should be trading about 20% lower than where it is now.

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