Shiba Inu (SHIB) has recently demonstrated a promising technical setup, closing a weekly candle above a critical support level and signaling potential for a significant price increase. The token’s price
Czech Central Bank Jumps into Crypto with Coinbase Investment The Czech National Bank (CNB) took a daring step into the world of crypto by acquiring stakes in Coinbase, the biggest U.S.-based crypto exchange. The bank also deepened its investment in Palantir Technologies, a leading AI and data analytics company. Strategic U.S. Portfolio Changes in Q2 In its latest Form 13F filing with the United States Securities and Exchange Commission, the central bank bought 51,732 shares of Coinbase valued at over $18 million at the end of June. It also boosted its holding in Palantir by 49,135 shares to 519,950 shares. The move suggests growing confidence of the Czech National Bank in technology-related assets, especially those related to AI and blockchain. Palantir Soars after AI guidance Palantir has emerged as one of the big performers of 2025 so far, with its stock rising 80% in the first half of the year, well ahead of the S&P 500’s rise of 5.5%. The surge comes in the wake of strong earnings and increased investor demand for AI stocks. Coinbase Joins S&P 500 Despite Revenue Decline Coinbase made history in May when it became the first crypto firm to join the S&P 500. Its stock has been up around 60% in the past month with a 41% gain in H1 2025 and further 10% in recent weeks. But the company’s Q1 finances told a tale of opposites. Total revenue declined 10% to $2 billion, and net income plummeted 95% to $66 million, dragged down by nearly a $600 million unrealized crypto asset loss. But EPS was $1.94, better than forecast by analysts. Increasing Crypto Resilience Through Consolidations Even in the face of revenue headwinds, Coinbase remains busy building out its crypto offerings. In May, it agreed to acquire Deribit, an options trading platform for cryptocurrencies, for $2.9 billion. It recently also acquired Liquifi, a token management startup, strengthening its support for early-stage token projects and compliance infrastructure. Such moves reflect Coinbase’s ambitions to dominate multiple segments of the crypto space—including tokenization and derivatives—in the face of growing institutional interest.
On July 13, the Pump.Fun (PUMP) token officially commenced its launch on the Gate Launchpad, marking a significant milestone for the project. The subscription window is scheduled from 22:00 on
Unexpectedly, several publicly traded companies from diverse industries are making significant investments in Bitcoin and other cryptocurrencies, signaling a broader corporate embrace of digital assets. These firms range from Asian-inspired
AVAX bulls mean business! But if $20 cracks, this rally might unravel faster than you can blink.
James Wynn, a crypto trader known for placing massive leveraged bets, has deactivated his X account following staggering nine-figure losses. Key Takeaways: James Wynn deleted his X account after suffering nine-figure losses from risky, high-leverage crypto trades. His Bitcoin positions on Hyperliquid were liquidated multiple times, wiping out nearly all his holdings. Wynn’s dramatic downfall serves as a warning against aggressive speculation in volatile markets. His former handle, “ JamesWynnReal ,” now leads to a message stating, “This account doesn’t exist. Try searching for another.” According to blockchain data aggregated by Arkham Intelligence and Hypurrscan, Wynn’s wallets currently hold just over $10,000, a dramatic fall from his previous positions. James Wynn Changes Bio to ‘Broke’ Before Deleting Account Prior to deleting his account, Wynn updated his profile bio to a single word: “broke.” Wynn earned notoriety within crypto circles for consistently taking high-risk, high-leverage positions that often ran counter to market trends. His aggressive trading style led to losses totaling hundreds of millions. He gained particular attention for his activity on the Hyperliquid platform, where he placed some of his biggest bets. In May 2025, Wynn’s $100 million long position on Bitcoin was liquidated after the price slipped below $105,000. The wipeout resulted in the loss of 949 BTC from his holdings. Just before this collapse, Wynn admitted publicly that his approach resembled gambling more than disciplined trading, warning others not to follow his risky strategy. Despite this setback, Wynn opened another $100 million Bitcoin position days later. He claimed his positions were under attack by market makers aiming to trigger his liquidation. In a rare plea, Wynn requested donations from the crypto community to bolster his account, receiving funds from at least 24 addresses. Shortly after, Wynn liquidated 240 BTC, valued at around $25 million then, in an attempt to reduce his liquidation risk. He made $100,000,000 in unrealized profit. Lost everything. Begged for donations to avoid liquidation. Today his account got suspended. The downfall of James Wynn (1/9) pic.twitter.com/lMFKIiuc1V — StarPlatinum (@StarPlatinumSOL) July 12, 2025 Nevertheless, his efforts failed to save the remaining positions, which lost over 99% of their value. Wynn’s downfall has sparked debate among crypto investors, with many pointing to his losses as a cautionary tale. Wynn first rose to prominence by turning a $7,000 position in PEPE into $25 million. In March, Wynn began trading perpetual futures for the first time and quickly transformed a $3 million position into $100 million through aggressive high-leverage plays. Hyperliquid Hits $248 Billion Monthly Volume In May, Hyperliquid surged to a record $248 billion in trading volume, marking a 51.5% increase from April’s $187.5 billion. The growth came amid heightened market activity during the “James Wynn” trading frenzy. Year-over-year, Hyperliquid’s volume soared by 843%, jumping from $26.3 billion last May to this year’s record-breaking figure. The platform combines centralized exchange (CEX)-level user experience with non-custodial onchain infrastructure, attracting traders who want both performance and crypto-native operations. Hyperliquid’s expanding footprint is evident in its growing market share relative to Binance, the industry giant. In May, Hyperliquid accounted for 10.54% of Binance’s perpetual futures volume, up from 9.76% in April, signaling a shift in dominance within the sector. Decentralized exchange (DEX) perpetual futures also saw gains, capturing 6.84% of global perp flows in May, a rise from under 2% in 2022. The post High-Leverage Crypto Trader James Wynn Deletes X Account After Nine-Digit Losses appeared first on Cryptonews .
From noodle giants to love hotel operators and cannabis sellers, these five publicly traded companies made unexpected bets on Bitcoin and other cryptocurrencies.
Shiba Inu (SHIB) to add 20% next week if this Bollinger Bands signal validates
Binance founder Changpeng Zhao (CZ) retweeted a notable post by social media influencer Matt Wallace. Wallace claimed that Coinbase was the “anonymous” source behind the negative press about US President Donald Trump’s crypto project World Liberty Financial and Binance. Wallace used the following expressions in his post: “Evidence is emerging that Coinbase is the anonymous source behind President Trump’s smear campaign against World Liberty Financial and Binance.” Related News: Major Bitcoin Bull Michael Saylor Responds to the Question of ‘Whether He Will Sell Bitcoin’ Coinbase executives were allegedly concerned about a potential presidential pardon for CZ and the possibility of Binance returning to the US with legal status. Given Coinbase's high transaction fees and poor customer service, it's believed that Binance could lose significant market share if it re-enters the US market. “Binance is the world's No. 1 crypto exchange. Returning to the US with legal status would immediately shrink Coinbase's market share and severely damage its revenue. Most shockingly, Coinbase is targeting President Trump to undermine its own competition. This is un-American,” Wallace said. *This is not investment advice. Continue Reading: Exchange Wars: Binance Founder CZ Accuses Rival Exchange of Sabotage