Weekend – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 13 Sep 2025 09:24:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Weekend – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Microsoft 365 fees got you down? The lifetime version is at an all-time low price this weekend https://earlybirdsinvest.com/microsoft-365-fees-got-you-down-the-lifetime-version-is-at-an-all-time-low-price-this-weekend/ https://earlybirdsinvest.com/microsoft-365-fees-got-you-down-the-lifetime-version-is-at-an-all-time-low-price-this-weekend/#respond Sat, 13 Sep 2025 09:24:01 +0000 https://earlybirdsinvest.com/microsoft-365-fees-got-you-down-the-lifetime-version-is-at-an-all-time-low-price-this-weekend/

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Watch Out Below: Bitcoin’s Weekend Surge Leaves CME Gap https://earlybirdsinvest.com/watch-out-below-bitcoins-weekend-surge-leaves-cme-gap/ https://earlybirdsinvest.com/watch-out-below-bitcoins-weekend-surge-leaves-cme-gap/#respond Mon, 11 Aug 2025 10:43:30 +0000 https://earlybirdsinvest.com/watch-out-below-bitcoins-weekend-surge-leaves-cme-gap/

Bitcoin

may find itself fighting gravity after a surge over the weekend took it to within striking distance of its $123,000 all-time high while leaving a gap in the price of CME futures between Friday’s closing price and Monday’s open.

CME bitcoin futures, cash-settled contracts that track the price of the largest cryptocurrency, settled at $117,430 on Friday, only to open on Monday at $119,000. Historically, bitcoin has shown a tendency to fill these gaps, meaning the price often retraces to cover the difference between the two levels. This can happen within days or even within hours of the gap forming.

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“Most previous gaps that were created did close within the same day, but this one moved a bit further than those,” Daan Crypto Trades, a crypto trader and investor, said in a post on X.

Unlike spot markets, which trade around the clock, CME futures operate from Sunday evening through Friday evening for 23 hours a day. Any significant price movement during the one-hour daily pause or over the weekend can create what traders call a CME gap.

Daan noted that bitcoin is now close to price discovery, a market phase that begins when an asset surpasses its previous all-time high and trades in uncharted territory. In such situations, gaps can become “runaway gaps” instances where momentum is so strong that the market continues to trend in the same direction without returning to fill the gap, at least in the short term.

“I’d recommend keeping an eye on this gap,” Daan said. “If price were to close it, it could make for a decent reversal area. But I wouldn’t fully bet on it closing until price gets at least within a one to two percent proximity again, below $120,000 or so.”

Heading into Monday’s U.S. open, traders will be watching closely to see whether the gap begins to close or whether bitcoin’s bullish momentum carries it straight past $123,000 into new all-time highs, potentially leaving the gap behind at least for now.

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Remember ‘Weekend at Bernie’s’? This game channels the same dark humor, and it’s better than the movie https://earlybirdsinvest.com/remember-weekend-at-bernies-this-game-channels-the-same-dark-humor-and-its-better-than-the-movie/ https://earlybirdsinvest.com/remember-weekend-at-bernies-this-game-channels-the-same-dark-humor-and-its-better-than-the-movie/#respond Thu, 07 Aug 2025 22:16:50 +0000 https://earlybirdsinvest.com/remember-weekend-at-bernies-this-game-channels-the-same-dark-humor-and-its-better-than-the-movie/

So there I was, alone in a diner with the corpse of a man I’ve never met. Before I could get my bearings straight, I heard the police on the scanner announcing that a murder had been called in and they’d be at the diner in 4 minutes. I panicked.

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In his weekly column, Android Central Senior Content Producer Nick Sutrich delves into all things VR, from new hardware to new games, upcoming technologies, and so much more.

Before I knew it, the body was stashed somewhere I hoped no one would find it. With seconds to spare, I cleaned up my fingerprints, stashed the mystery man’s belongings, and slowly opened the door to greet two officers who had weapons drawn on me.

Just 30 seconds later, I was pronounced innocent and allowed to go on my merry old way. Except, I found that hiding this guy’s corpse was more fun than I had anticipated and, apparently, the universe was giving me an unlimited number of times to replay this scenario. It was like the movie Groundhog Day with a dash of Weekend at Bernie’s thrown in for good measure.

If you hadn’t already guessed it, the game is called Hide the Corpse, and it’s available on the Meta Quest platform for just $15. It’ll give you several hours of dark comedy goodness, and PSVR 2 players will soon get to join in on the fun on August 18 when it launches on the PlayStation Store.

A puzzle game like no other

Hide the Corpse – Official Announcement Trailer – YouTube
Hide the Corpse - Official Announcement Trailer - YouTube


Watch On

Hide the Corpse is sort of an elaborate game of reverse hide-and-seek. The game has over half a dozen levels, each with at least six different places to hide the mystery man Gus’s corpse.

Despite what the subject matter might make you think, Hide the Corpse is a strangely family-friendly title that has no foul language, no violence (other than dragging a corpse around, I suppose), and little else that might trigger you to hide its existence in front of your kids.

That, of course, meant that my son and I spent hours laughing until we cried as we struggled to drag around Gus’s insanely heavy corpse without running into the furniture in our real living room. Seriously, it’s a hilariously good time that’s guaranteed to make you laugh.

An official screenshot of Hide the Corpse for Meta Quest. Pulling Gus along on the ground

(Image credit: HyperVR Games)

Dragging Gus around is entirely physics-based, and since he’s supposed to be the weight of an average full-grown adult, that means Gus is quite challenging to move around. Even more so given that you only have four minutes to somehow bring him to a legit hiding spot and cram him into whatever dimensions said spot allows.

The intro level takes place in an apartment where you can hide Gus in strangely conspicuous places like the bathtub, the armoire, under the bed, and three other spots I don’t want to ruin. You’d think the cops would find him in these places, but they’re, thankfully, no Sherlock Holmes.

The goal is to just hide Gus’s corpse from plain sight, a goal that becomes zanier and zanier as you progress through the levels. And I promise that you never realized how heavy a corpse could be in zero gravity until you get to the space level!

An official screenshot of Hide the Corpse for Meta Quest. Gus floating underwater

(Image credit: HyperVR Games)

Gus isn’t the only object you’ll need to hide, though. The man somehow has several of his belongings scattered randomly in each level, including his comb, wallet, favorite record (this is 70s themed), driver’s license, and a few other nicknacks. Each of these also needs to be hidden from plain sight to get the best score.

Oh, and don’t forget to erase every single one of the fingerprints you left along the way. Seriously, those little blue fingerprints appear on anything you’ve touched, even if you didn’t realize you’d touched it. It’s an almost overwhelming amount of stuff to do in just four minutes, but it results in some gratifying gameplay in a short span.

When the time is up, either at the four-minute mark or when you open the door for the cops, you’ll get graded on your performance. I’m not sure who grades someone on their ability to hide a corpse, but I hope I never run across them in real life.

An official screenshot of Hide the Corpse for Meta Quest showing the cops finding Gus

(Image credit: HyperVR Games)

Once you find enough hiding spots in each level, you’ll unlock a new level to play in. The scenarios are incredibly varied, ranging from the apartment you start in to the diner I spoke of earlier, a zero-gravity space station, an art museum, and more. The latest update in mid-July added a ton of new modifiers, including a heavier Gus and the ability to double the hiding time.

Alone or with friends, it’s a riot

While it’s a single-player game, I found it to be the most fun when casting the gameplay to a TV while others in the room were watching. This always elicited people asking to try it and then spending multiple sessions in the game until someone pried the headset from their cold, not-dead hands. Definitely not dead. That only happens in the game.

It’s the kind of zany, whimsical, unique fun that I love seeing from indie developers and a reminder of the late 90s and early 2000s era of gaming, where just about any theme or concept could make a game, no matter how surreal or ridiculous. Plus, at just $15, it’s tough to say no to for a few fantastic hours of entertainment with friends and family.

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Asia Is Powering Ethereum’s Weekend Gains Amidst Signals of Altseason Breakout https://earlybirdsinvest.com/asia-is-powering-ethereums-weekend-gains-amidst-signals-of-altseason-breakout/ https://earlybirdsinvest.com/asia-is-powering-ethereums-weekend-gains-amidst-signals-of-altseason-breakout/#respond Mon, 21 Jul 2025 17:02:32 +0000 https://earlybirdsinvest.com/asia-is-powering-ethereums-weekend-gains-amidst-signals-of-altseason-breakout/

Ethereum climbed above $3,800 after recording a daily gain of nearly 3%. It extended a strong upward trend that has seen the altcoin rise over 55% in the past month. This momentum highlighted continued investor confidence, despite relatively low gas fees across the network.

Funding rates have moved into double digits, although they remain modest relative to the broader scale of futures positioning and Ethereum ETF inflows. Against this backdrop, Asia continues to lead altcoin performance in ETH.

Asia’s ETH Buying Spree

Matrixport revealed that data tracking ETH’s performance across trading sessions last week showed Asia’s influence becoming more pronounced, which is responsible for the sharp weekend rally. Beyond speculative flows and treasury adoption, an uptick in DeFi activity is also providing much-needed support to the cryptocurrency’s upward momentum.

Amid this supportive environment, experts highlighted the emerging signals that point towards a potential altcoin season taking shape. For instance, the associated indexes have crossed above 50, the highest since December.

ETH Perpetual Open Interest surged from under $18 billion to over $28 billion in a week, which is being driven by institutional demand. The recently signed GENIUS Act, which sets clearer stablecoin regulations, has also renewed interest in ETH and other Layer 1s among Corporate Treasuries.

Meanwhile, the anticipation of staked spot ETH ETF approvals is prompting further institutional rotation from Bitcoin to Ethereum. ETH’s market share has risen to 11.6% while BTC dominance slips, which could mean that a potential next leg for altcoin season is underway.

Critical Resistance Point for Altcoins

A similar sentiment was echoed by Swissblock’s data, which shows that 75% of altcoins are currently testing key resistance levels, a technical point where altcoin seasons either begin or fail. In weak altseasons, Bitcoin remains strong, which leads to only short-lived altcoin rallies with limited capital rotation into alts.

On the other hand, strong altseasons require significant capital flow. This is characterized by Bitcoin losing relative strength, its dominance dropping, and altcoins breaking out broadly across the market.

Swissblock noted that the market is at this decision point now. Bitcoin’s momentum is slowing, and early signs of capital rotation into altcoins have begun, which means the conditions for a potential strong altseason are forming if capital flow accelerates further.

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Cointelegraph and CoinMarketCap front ends compromised with scam links over the weekend https://earlybirdsinvest.com/cointelegraph-and-coinmarketcap-front-ends-compromised-with-scam-links-over-the-weekend/ https://earlybirdsinvest.com/cointelegraph-and-coinmarketcap-front-ends-compromised-with-scam-links-over-the-weekend/#respond Mon, 23 Jun 2025 08:35:40 +0000 https://earlybirdsinvest.com/cointelegraph-and-coinmarketcap-front-ends-compromised-with-scam-links-over-the-weekend/

Cointelegraph, one of the leading crypto media platforms, has confirmed a front-end security breach that exposed its users to a malicious pop-up urging them to connect their wallets.

The incident, which occurred on June 22, involved scammers promoting a fake Cointelegraph token (CTG) and a counterfeit initial coin offering (ICO) campaign.

Scam Sniffer, a blockchain security platform, first flagged the compromise, noting that the attackers aimed to deceive users into granting wallet access. Once connected, these wallets could be drained of assets.

Cointelegraph
Malicious Pop-Up on Cointelegraph (Source: Scam Sniffer)

Scam Sniffer traced the exploit to a JavaScript payload embedded via the site’s advertising infrastructure. The code appeared to come from a domain resembling AdButler, though it had been recently registered and linked to a malicious script hidden within a banner advertisement.

In a public statement, Cointelegraph acknowledged the issue and warned users not to interact with pop-ups promoting “CTG tokens” or “CoinTelegraph ICO airdrops.”

The platform emphasized that it is actively investigating and working to remove the malicious code. Users were advised not to enter personal details or connect wallets to any prompts on the site.

CoinMarketCap faced similar exploits

This incident follows a similar attack on CoinMarketCap just two days prior.

On June 20, the crypto data provider briefly experienced a front-end breach that resulted in a fake wallet prompt appearing on its homepage.

CoinMarketCap traced the vulnerability to a doodle image linked to unauthorized JavaScript, which briefly disrupted the site’s interface. It noted:

“Our security team identified a vulnerability related to a doodle image displayed on our homepage. This doodle image contained a link that triggered malicious code through an API call, resulting in an unexpected pop-up for some users when visited our homepage.”

While the message on each site differed, both cases followed a near-identical delivery mechanism: a deceptive pop-up disguised as a platform feature. This may indicate a coordinated campaign targeting high-traffic crypto websites using ad-based JavaScript exploits.

Security experts pointed out that the twin breaches highlight a growing trend of attackers exploiting trusted platforms to execute wallet-draining schemes. As a result, they urged crypto users to remain cautious, avoid interacting with unknown dApps, and regularly monitor wallet activity to stay safe.

Mentioned in this article
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Dogecoin Jumps After Rollercoaster Weekend Price-Action https://earlybirdsinvest.com/dogecoin-jumps-after-rollercoaster-weekend-price-action/ https://earlybirdsinvest.com/dogecoin-jumps-after-rollercoaster-weekend-price-action/#respond Mon, 23 Jun 2025 07:30:41 +0000 https://earlybirdsinvest.com/dogecoin-jumps-after-rollercoaster-weekend-price-action/

Dogecoin staged a sharp recovery following a dramatic weekend selloff, during which the token plummeted to a low of $0.143 before rebounding above $0.153.

The move came amid surging trading volume — over five times the daily average — confirming buyer interest at critical support levels and hinting at a potential momentum shift as broader markets remain turbulent.

News Background

  • Global macroeconomic uncertainty continues to rattle digital assets. Geopolitical tensions and trade disputes between major economies have amplified volatility across risk markets.
  • Meanwhile, inflation concerns and ongoing scrutiny of Federal Reserve monetary policy have contributed to cautious sentiment in crypto.
  • DOGE’s latest bounce came during a period of intense selling pressure, but strong volume-backed support at $0.145 appears to have triggered a reversal.
  • Despite being a high-beta asset, Dogecoin’s recovery from its local lows suggests resilient market structure — particularly given the broader weakness seen across altcoins.
  • Technical analysts are closely watching whether DOGE can sustain its momentum above $0.153 and break through short-term resistance as bullish volume accelerates.

Price Action

DOGE posted a volatile 9.1% range over the 24-hour window, falling from $0.157 to $0.143 before rebounding to close near $0.153. Most dramatic selling occurred during hours 13–14, where volume spiked to over five times the average, establishing a firm floor at $0.145.

In the final hour of trading, Dogecoin surged from $0.152 to $0.153, with a notable breakout above $0.153432 occurring after 04:58. Volume surged again at 05:11 (10.7M), confirming buyer strength and pushing DOGE to a new local high.

Technical Analysis Recap

  • DOGE dropped from $0.157 to $0.143 and rebounded to $0.153 — a 9.1% swing.
  • Volume during 13–14 hour spike exceeded 5x daily average, confirming support at $0.145.
  • Uptrend formed with clear higher lows from $0.145 to $0.152.
  • Breakout above $0.153 resistance occurred after 04:58, pushing price to $0.153432.
  • Volume surge at 05:11 (10.7M) confirmed breakout strength.
  • Final hour showed sustained bullish momentum and strong consolidation above $0.152.
  • Price action now targets the $0.155–$0.158 zone, with $0.145 holding as key support.
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SOL, XRP and Doge Lead Lead Altcoin Recovery after $1 billion weekend liquidation https://earlybirdsinvest.com/sol-xrp-and-doge-lead-lead-altcoin-recovery-after-1-billion-weekend-liquidation/ https://earlybirdsinvest.com/sol-xrp-and-doge-lead-lead-altcoin-recovery-after-1-billion-weekend-liquidation/#respond Mon, 23 Jun 2025 05:52:54 +0000 https://earlybirdsinvest.com/sol-xrp-and-doge-lead-lead-altcoin-recovery-after-1-billion-weekend-liquidation/

Crypto traders went into rebound mode, forced to make a massive liquidation after panic sales over the weekend, triggered by a military strike at Iran’s nuclear facility.

Solana

XRP, and Dogecoin were hit hardest among Altcoins, but show signs of recovery as leveraged BET resets and spots buy returns.

When the market is reset, liquidation will pause

Over the past 24 hours, Crypto Markets absorbed another $642 million liquidation, increasing its $595 million on Saturday, bringing its two-day tally to more than $1.2 billion.

Bitcoin

Leading the bleeding, the ether was followed by a $230 million liquidation bet followed by a long liquidation of $188 million. Sol saw a $28 million liquidation, but XRP took $21 million and Doge exceeded $25 million.

Liquidation refers to when an exchange forces closes a trader’s leveraged position due to a partial or complete loss of the trader’s first margin. This occurs when the trader is unable to meet the margin requirements for leveraged positions (there is not enough funds to keep the trade open).

The cascade of liquidation often indicates an extreme market. There, market sentiment is engulfed in one direction, so a price reversal could be imminent. The sale began late Saturday after former US President Donald Trump confirmed that he had confirmed a coordinated strike at Iran’s major uranium enrichment sites.

But by Monday, the worst seemed to be over. Bitcoin has returned to $101,237. The ether hovered at nearly $2,236, while the Sol was up to $133. Meanwhile, XRP traded over $2, with Doge hovering for around 15 cents.

The losses continued on the daily charts, but bounce suggested that dip buyers were intervening quickly. Analysts say the institutional flow and growing use cases support snapbacks faster than other tokens.

Altcoins displays resilience

“While Bitcoin’s post-escalation focus has been on Iran’s focus, the Altcoin market shows signs of diverse strength,” said Eugene Chen, OSL chief commercial officer.

“While Ethereum continues to attract institutional benefits amid the rise in ETF inflows, Solana and other layer 1 tokens benefit from improved network activity, developer recruitment and ETF approval speculation,” added Cheung.

Others say the market’s quick rebound reflects the broader belief that geopolitical fallout remains localized with limited Macross pillovers.

“The market is pretty optimistic that the Iran-Israel conflict will remain muted and that its economic impact will be contained locally,” said Nick Ruck, director of LVRG Research.

“We expect Iran to have to engage in some retaliatory measures to maintain legitimacy in its regime, but such measures will be limited to avoid attracting all parties into a long-term conflict,” Lac added.

Still, the risk remains. The US suggested a “much larger” military response when Iran retaliated, and oil flows through the Strait of Hormuz could shake the wider market.

However, the speed of recovery suggests that the cipher remains in the macro-up trend, and liquidation can be considered an entry point.

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Solaxy Blows Past $46M as Weekend FOMO Heats Up – 6 Days Left to Go https://earlybirdsinvest.com/solaxy-blows-past-46m-as-weekend-fomo-heats-up-6-days-left-to-go/ https://earlybirdsinvest.com/solaxy-blows-past-46m-as-weekend-fomo-heats-up-6-days-left-to-go/#respond Tue, 10 Jun 2025 15:20:49 +0000 https://earlybirdsinvest.com/solaxy-blows-past-46m-as-weekend-fomo-heats-up-6-days-left-to-go/

Last updated: 

FOMO hit hard over the weekend as Solaxy’s ($SOLX) presale sprinted past $46.2 million, kicking off a six-day countdown for early investors to get in.

More than $1.4 million in $SOLX has been snapped up since June 6, showing traders are racing to lock in the current price before the token lists on top exchanges.

Already deep in development, Solaxy is building the first true Layer-2 for Solana ($SOL). When the stack goes live, which has been announced that it will be this month, it’s set to make Solana far more dependable – not just for meme coins, but for DeFi, gaming, and any high-throughput dApp that needs speed without congestion.

At $0.00175 per token, $SOLX is still a bargain, but the clock is ticking: the price ratchets up every two days.

For anyone who sees Solaxy as the upgrade that can push Solana to the next level, now is the moment to act.

Why $SOL Is Still Undervalued – and What Solaxy Has to Do With It

The price of $SOL dipped as low as $142 last week but has since recovered, currently trading at $153 at the time of writing.

The past 24 hours saw a modest 5.1% increase – a small move considering the macro backdrop, which includes renewed U.S.–China talks set to take place in London this week.

That’s why many still see $SOL as undervalued. While Bitcoin hit a fresh all-time high on May 22, Solana hasn’t come close to retesting its January peak.

Sure, the market is still in Bitcoin season – only 29 of the top 100 altcoins have outperformed BTC recently – but even compared to Ethereum ($ETH), which gained 5.1% in the past 30 days, $SOL underperformed, posting a 9.6% decline over the same period.

And yet, institutional interest in Solana hasn’t faded. Just two weeks ago, Canada-listed firm SOL Strategies filed to raise up to $1 billion in equity and debt to expand its Solana exposure.

DeFi Development Corp also became the first public company to invest in Solana-based liquid staking tokens (LSTs). Leveraging Sanctum’s infrastructure, they launched dfdvSOL, which lets users stake $SOL while keeping it liquid for DeFi participation.

But perhaps the biggest reason investors are holding their fire is because they’re waiting for the catalyst that could unlock a new phase of growth: Solana’s first dedicated Layer-2 scaling solution – and that’s exactly what Solaxy is building.

When One Meme Coin Can Freeze a Network, Layer-2 Becomes Non-Negotiable

The launch of Pump.fun in 2024 breathed new life into Solana’s meme coin ecosystem, sparking a wave of hyper-volatile tokens that reached peak momentum by January 2025.

Leading that surge was the Official Trump ($TRUMP) meme coin – a token launched by U.S. President Donald Trump himself – which briefly became the third-largest meme coin by market cap, trailing only Dogecoin ($DOGE) and Shiba Inu ($SHIB).

But while $TRUMP’s explosive rise pushed Solana-based meme coins into the multi-billion-dollar range, it came at a steep cost. The network struggled under the pressure, triggering widespread congestion.

Solana explorers like Solscan and wallets such as Phantom experienced internal server errors, while even centralized exchanges like Coinbase reported delays of up to 15 hours – all caused by the overwhelming traffic linked to the Trump meme coin frenzy.

Since then, the meme coin sector (like Solana) has yet to reclaim its peak market caps. Broader macro pressures – including renewed U.S.–China tariff tensions reignited by Trump – have also dampened sentiment. But beyond geopolitics, the real takeaway is structural.

Pump.fun showed why Solana is the go-to chain for meme coin trading: fast, cheap, and built for chaos. But the Trump-driven congestion also exposed its limits.

If one meme coin can bottleneck the entire ecosystem, what happens when DeFi, gaming, and other high-throughput verticals scale?

Enter Solaxy – the first dedicated Layer-2 for Solana. By batching transactions off-chain and settling them on Solana’s mainnet, Solaxy eases congestion and unlocks serious throughput upgrades.

Skeptics have long said Solana doesn’t need Layer-2 scaling because of its monolithic design. But the $TRUMP incident proved otherwise. And with $46 million raised so far, the Solana community is clearly betting big on Solaxy as the next evolution of the chain.

The Road Ahead: Solaxy’s Testnet Is Already Running and Time’s Running Out

But it’s one thing to say what you’re going to do – and another to actually show how you’re doing it. For a new project, that distinction is crucial – and it’s something Solaxy has taken to heart.

Right now, Solaxy has already launched its testnet, giving users a real glimpse into what the network can deliver. Users can bridge $SOL from the Solana Devnet via bridge.solaxy.io, deploy contracts using Solana’s native toolchain, move assets across the Solaxy roll-up, and track activity via the Solaxy Explorer.

Furthermore, the Igniter Protocol – Solaxy’s native token launchpad – and its decentralized exchange (DEX) are set to launch shortly.

That’s why FOMO has surged since the final days of the presale were announced. Solaxy isn’t just offering a vision – it’s delivering proof. And this may be the last chance to grab its native token $SOLX at a significantly lower price.

With live infrastructure, visible activity, and growing exposure, the demand for $SOLX is expected to explode once it hits major exchanges.

Only 6 Days Left to Go – Here’s How to Join Solaxy’s Presale

There’s no more time to lose with the presale ending next week. If you have not secured $SOLX at its presale prices, head over to the Solaxy website, connect a supported wallet, and buy $SOLX.

Once purchased, tokens can be staked immediately to grow your holdings passively – with the protocol currently offering a dynamic 87% APY, adjusting based on pool activity.

For the best experience, use Best Wallet, the recommended self-custody option with full presale integration and multichain support.

Join the massively growing Solaxy community on Telegram and X.


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Missed These? Top Crypto Headlines from This Weekend https://earlybirdsinvest.com/missed-these-top-crypto-headlines-from-this-weekend/ https://earlybirdsinvest.com/missed-these-top-crypto-headlines-from-this-weekend/#respond Mon, 26 May 2025 21:22:23 +0000 https://earlybirdsinvest.com/missed-these-top-crypto-headlines-from-this-weekend/

A prominent Bitcoin supporter spearheads funding for a Swedish company’s BTC acquisition plans. Meanwhile, Coinbase faces escalating legal troubles after disclosing a significant breach and regulatory fallout. In other news, a Manhattan crypto investor is arrested in connection with a violent Bitcoin-related kidnapping.

More details on these stories ahead.

Adam Back Joins Investors in $2.2M Capital Raise for H100 Bitcoin Push

Blockstream CEO and Bitcoin advocate Adam Back has led a 21 million SEK (approximately $2.2 million) funding round for Sweden-based health tech firm H100 Group AB. The company revealed on May 25 that the funds, which were raised through interest-free convertible loans, would be allocated toward acquiring Bitcoin, following its strategic shift announced on May 22.

Back contributed about $1.4 million, with the rest supplied by firms including Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB, and Crafoord Capital Partners.

With this capital, H100 aims to purchase around 20.18 BTC, adding to the 4.39 BTC it already acquired on May 22. This brings its total holdings to about 24.57 BTC. The zero-interest loans will mature on June 15, 2028.

Coinbase Faces Growing Legal Pressure After Revealing Extortion and Data Breach

A fresh class-action lawsuit has been filed against Coinbase and two of its executives, accusing the company of failing to disclose a serious user data breach and a regulatory issue with the UK’s FCA, which allegedly triggered a steep drop in its stock price.

Filed by investor Brady Nessler on May 22 in a Pennsylvania court, the complaint alleges that the events led to a significant decline in shareholder value. Coinbase had disclosed on May 15 that it could incur up to $400 million in damages after a $20 million extortion attempt and internal system compromise by bribed customer support staff. Shares fell by 7.2% to $244 on the same day.

The latest development adds to the crypto exchange’s increasing legal troubles in the wake of the data breach announcement, as multiple lawsuits accuse the company of failing to properly manage the incident and safeguard user information.

Crypto Investor Arrested for Kidnapping and Torture in Bitcoin Theft Case

John Woeltz, a 37-year-old cryptocurrency investor, was arrested for kidnapping and torturing a man in an upscale Manhattan townhouse. The victim, a 28-year-old who recently arrived from Italy, was allegedly held captive for weeks, beaten, shocked with electric wires, and threatened with death unless he surrendered his Bitcoin password.

Prosecutors revealed that Woeltz and his accomplices drugged the victim and physically assaulted him. The victim managed to escape after agreeing to reveal his password stored on a laptop. When Woeltz turned away, the victim fled and flagged down a police officer for help.

Medical examination confirmed injuries consistent with the victim’s account of being bound and assaulted. Police seized drugs, weapons, body armor, night vision gear, and photos showing the victim with a gun to his head during a search of the residence.

Woeltz faces charges of kidnapping, assault, unlawful imprisonment, and firearm possession. He was denied bail and required to surrender his passport, as prosecutors warned he has access to private aircraft and helicopters, which raises flight risks. Authorities also cited an unidentified accomplice still at large.

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Dogecoin, Cardano’s ADA, XRP Fall 7% in Weekend Bloodbath https://earlybirdsinvest.com/dogecoin-cardanos-ada-xrp-fall-7-in-weekend-bloodbath/ https://earlybirdsinvest.com/dogecoin-cardanos-ada-xrp-fall-7-in-weekend-bloodbath/#respond Sat, 24 May 2025 08:16:53 +0000 https://earlybirdsinvest.com/dogecoin-cardanos-ada-xrp-fall-7-in-weekend-bloodbath/

The crypto market turned red over the weekend, with Dogecoin (DOGE), Cardano’s ADA, and XRP each dropping over 7% as profit-taking set in after a strong week.

Bitcoin fell from a daily high of $111,200 to just over $107,000 on Friday, causing a swift change in sentiment. The drop came as President Donald Trump revived fears of a tariff war with the European Union — threatening a 50% levy as talks were “going nowhere.”

Market cap shed 5% and the broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens, fell 2.2% as traders moved to lock in gains amid rising volatility.

The move comes despite bitcoin touching fresh highs above $111,500 just days earlier, with ETF inflows, stablecoin legislation, and institutional buying supporting its rally. But those same tailwinds haven’t kept altcoins afloat in the short term.

“Bitcoin reaching a new all-time high also carries altcoins toward a bullish direction,” said Haiyang Ru, co-CEO of HashKey Group, said in a Telegram message. “But if BTC’s volatility picks up again, traders may rotate into regulated stablecoins — especially with new frameworks in the U.S. and Hong Kong easing that transition.”

Alex Kuptsikevich, chief analyst at FxPro, crypto sentiment recently hit levels last seen in January, just as BTC and ETH reached critical resistance zones. “Unlike previous BTCUSD rallies, the current movement is not just momentum-driven but backed by real demand and macro factors,” he noted.

Still, markets are showing signs of fatigue. Ethereum is struggling to break past its 200-day moving average near $2,650, while altcoins that previously surged — such as HYPE and EIGEN — are now cooling off after double-digit gains.

Analysts warn that if BTC doesn’t establish a new support zone, altcoin losses could deepen.

For now, the weekend pullback displays the fragility of rallies in low-liquidity conditions and the speed at which sentiment can turn.

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