The post Crypto trader turns $800 into over $1 million in 20 days appeared on BitcoinEthereumNews.com.
A cryptocurrency trader has turned an $838 investment into more than $1 million in just 20 days after backing the rapidly surging Cash Cat (CASHCAT) memecoin on Robinhood Chain. The trader, identified by wallet address 0xDE4C, purchased 15.04 million CASHCAT tokens for just $838, roughly three weeks ago. Following the token’s explosive rally, the trader sold 13.5 million CASHCAT for approximately $917,600 while continuing to hold 1.5 million tokens valued at about $133,700, according to the latest on-chain data retrieved from Lookonchain on July 8. The combined value of realized and unrealized gains pushed the position above $1.05 million, representing a return of roughly 1,253 times the original investment. CASHCAT price chart. Source: Dexscreener The windfall came as CASHCAT emerged as one of the hottest meme coins in the cryptocurrency market. By press time, the token was trading a
The post Robinhood Earn + Morpho: Can 7% USDG Boost HOOD? appeared on BitcoinEthereumNews.com.
Robinhood just turned on its own blockchain and a new on-chain yield product, and the market noticed. The pitch is simple: park USDG, see roughly 7 percent APY, all without leaving the app. The question everyone is asking is less simple. Does this move the stock or just make good headlines? On July 1, Robinhood launched Robinhood Chain and introduced Robinhood Earn, a decentralized lending product with an estimated ~7 percent APY on USDG deposits according to company statements and reporting by CoinDesk. The engine under the hood is Morpho, a major DeFi lending protocol, with a curated vault designed by Steakhouse Financial, per Morpho’s announcement on launch day Morpho (official blog / press release). USDG, the stablecoin from Paxos’s Global Dollar Network, is now live on Robinhood Chain and set as the default asset for Earn flows, as the issuer confirmed in its own release Global Dollar Ne
The post Shiba Inu Burns 117 Million SHIB in Largest Single-Day Destruction in Six Months appeared on BitcoinEthereumNews.com.
SHIB News Shiba Inu’s community permanently removed more than 117 million SHIB tokens from circulation on July 8, the largest single-day burn recorded in six months. On-chain data shows the tokens were routed to a dead wallet, a one-way address from which they can never be recovered. A single wallet tied to Robinhood led the activity, torching over 109 million SHIB in one transaction, with smaller wallets contributing the remainder through the session. The spike briefly revived the project’s deflationary narrative, yet it landed against a backdrop of broad altcoin fatigue. For holders of Shiba Inu, the burn underscored how community-driven supply cuts continue even when price momentum stalls. Despite the deflationary headline, SHIB has slipped close to 9% over the past month, holding a narrow trading band even after a modest weekly gain. Our reading of the tape
The post Meme Token CASHCAT Rockets Over 700% Overnight on Robinhood Chain appeared on BitcoinEthereumNews.com.
On July 8, meme token CASHCAT experienced an astonishing boost, rising over 718% in value within 24 hours on Robinhood Chain, a recent Layer 2 network introduced by Robinhood. The token’s market capitalization quickly surged beyond $68 million shortly after its launch on July 1, capturing significant attention in the crypto community. Continue Reading:Meme Token CASHCAT Rockets Over 700% Overnight on Robinhood Chain Source: https://en.bitcoinhaber.net/meme-token-cashcat-rockets-over-700-overnight-on-robinhood-chain
The post CASHCAT’s Meteoric Rise Elevates Robinhood Chain appeared on BitcoinEthereumNews.com.
In an astonishing burst of activity, the meme token CASHCAT achieved an impressive 718% price leap within just 24 hours, spotlighting Robinhood Chain’s newly launched Layer 2 network. Following its recent debut on July 1, the token’s market capitalization rapidly surpassed $68 million, catching the attention of traders and analysts alike. Continue Reading:CASHCAT’s Meteoric Rise Elevates Robinhood Chain Source: https://en.bitcoinhaber.net/cashcats-meteoric-rise-elevates-robinhood-chain
The post Meme Token CASHCAT Takes the Crypto World by Storm with Spectacular Surge appeared on BitcoinEthereumNews.com.
Emerging as a sensation in the crypto markets, the meme token CASHCAT, traded on the Robinhood Chain, has witnessed an exhilarating leap in its value. Within just a day, the token’s worth soared by over 718%, with its market cap swiftly climbing past $68 million shortly after its introduction on July 1. Continue Reading:Meme Token CASHCAT Takes the Crypto World by Storm with Spectacular Surge Source: https://en.bitcoinhaber.net/meme-token-cashcat-takes-the-crypto-world-by-storm-with-spectacular-surge
The post Explosive Rise of CASHCAT Captures Market Spotlight appeared on BitcoinEthereumNews.com.
The meme token CASHCAT, debuting on Robinhood Chain just days ago, has experienced an extraordinary increase in value, skyrocketing by 718% within a single day. Following its launch on July 1, the token’s market capitalization ballooned, quickly surpassing $68 million according to data from CoinMarketCap. Continue Reading:Explosive Rise of CASHCAT Captures Market Spotlight Source: https://en.bitcoinhaber.net/explosive-rise-of-cashcat-captures-market-spotlight
Robinhood's blockchain pivot could redefine financial markets, but regulatory challenges and compliance complexities may impact its global reach.
The post Robinhood Chain launches as a Layer 2 blockchain built for real-world assets appeared first on Crypto Briefing.
