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8 Articles

Created: 2026/05/29 16:29

Updated: 2026/05/29 16:29

Memescope traders have been left with a case of Monday blues

The post Memescope traders have been left with a case of Monday blues appeared on BitcoinEthereumNews.com. The “Memescope Monday” trading event flopped and has

Author: BitcoinEthereumNews

2026/03/31

Why Is Zcash Thriving? Paid Promotion Or Real Momentum?

After years in the wilderness, Zcash (ZEC) has staged a roughly 740% price “pump” this year, with analysts linking the move to surging demand for on-chain privacy and a cluster of high-profile endorsements. The speed and timing of the rally have ignited a heated debate on X: is Zcash’s resurgence driven by coordinated paid promotion, or by genuine improvements in its technology and monetary design? The flashpoint came from infrastructure founder Mert Mumtaz (@0xMert_), who mocked the idea that a single “mega-whale” is paying off every visible supporter. “There’s a person in crypto so rich that they are simultaneously paying off Cobie, Naval Ravikant, Balaji Srinivasan, me, Tim Ferris, [Arthur] Hayes, Gainzy, path, Ansem, the Winklevoss Twins, Toly [Yakovenko] and more. (all of whom require just one final OTC KOL deal to finally make it). Either that or I’m retarded.” there’s a person in crypto so rich that they are simultaneously paying off cobie, naval, balaji, me, tim ferris, hayes, gainzy, path, ansem, the winklevoss twins, toly and more (all of whom require just one final OTC KOL deal to finally make it) either that or I’m retarded — mert | helius.dev (@0xMert_) November 16, 2025 In a follow-up, he argued the real story is investor psychology, writing that “people would rather believe the above than admit that they sidelined themselves due to poor thinking and emotion.” Why Is Zcash Surging Now? Mert then laid out why, in his view, Zcash is rallying now: a more favorable political window for privacy coins in the US, issuance reduction, NEAR Intents that turn ZEC into a “shielded swiss vault” for one-click cross-chain payments, the default-shielding Zashi wallet with “100x better UX,” the 100x-scaling ambitions of Project Tachyon. Related Reading: Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment On the long list of arguments he added the disillusionment with an increasingly institutional Bitcoin, Europe’s tightening surveillance regime, maturing zero-knowledge tech, fatigue with supply-controlled coins that were “dumped” on retail, and the broader “debasement trade” pushing investors toward alternative stores of value. He closed: “you combine all of the above with a little spark and the fire spreads fast. There is no conspiracy, just think. This is not a trade.” Skeptics see the same facts very differently. One user complained that Jordan Fish [@Cobie), a prominent UK-based crypto investor and trader, had become a “paid zcash shill,” and asked whether “all the big KOLs just randomly decided to just start shilling Zcash.” Cobie replied that his interest was not new at all: “Just started? I have been doing this almost 10 years (painfully),” resurfacing a 2017 tweet about buying ZEC if the price ever hit $0.3. When his critic apologized, Cobie turned to fundamentals: “Zcash has a lot of recent developments actually IMO. (1) One of the coolest things I have seen: Project Tachyon. (2) They fixed the brutal inflation that killed us. (3) Zcash + NEAR intents for permissionless cross-chain swaps seems to actually be working.” Zcash has a lot of recent developments actually IMO. (1) One of the coolest things I have seen: https://t.co/3wXNpugkna (2) They fixed the brutal inflation that killed us (3) Zcash + NEAR intents for permissionless cross-chain swaps seems to actually be working:… pic.twitter.com/JgVFh9Xg3T — Cobie (@cobie) November 16, 2025 Those developments are verifiable. Zcash’s engineering roadmap has advanced from experimental cryptography to production-grade systems. Project Tachyon, outlined by Zcash researcher Sean Bowe, proposes “oblivious synchronization,” a way for wallets to sync shielded notes without leaking metadata, drastically lowering latency and making large-scale shielded usage practical. Related Reading: Arthur Hayes Outlines Why Zcash Could Surge To $10,000–$20,000 Fast On the user side, the Zashi wallet has become the flagship interface, abstracting away complex shielding flows and steering users into private, shielded transactions by default. Research from Galaxy and other analysts notes that shielded supply has climbed from low single-digit percentages a few years ago to roughly a quarter of all circulating ZEC, with estimates around 30% of supply now parked in the shielded pool. Influencer activity undeniably amplifies this. Naval Ravikant’s October post, “Bitcoin is insurance against fiat. ZCash is insurance against Bitcoin,” was widely cited as an immediate catalyst for a sharp doubling in ZEC’s price and cemented the “privacy insurance” meme. The Zcash debate ultimately sits at the intersection of reflexive markets and real progress. Genuine upgrades in issuance, UX and scalability, plus a harsher global climate for financial privacy, have created a strong fundamental backdrop. Vocal advocates with large audiences have compressed years of re-rating into weeks, leaving sidelined traders searching for explanations. Whether one calls that paid promotion, organic momentum or a feedback loop of both, the current cycle shows how quickly a once-written-off privacy coin can become crypto’s latest battleground. At press time, ZEC traded at $682. Featured image created with DALL.E, chart from TradingView.com

Author: NewsBTC

2025/11/18

Is Trezor’s ‘quantum-ready’ wallet a marketing stunt?

The post Is Trezor’s ‘quantum-ready’ wallet a marketing stunt? appeared on BitcoinEthereumNews.com. Users on X aren’t sold on Trezor’s new “quantum-ready” wallet, claiming the term is akin to a marketing stunt and no different from any other hardware wallet implementing an update. Trezor’s announcement of the Trezor Safe 7 claimed it was the “world’s first quantum-ready hardware wallet.” It said, “When quantum computing grows powerful enough to challenge today’s cryptography, your device will already have the foundation it needs to adapt through future firmware updates.” Trezor added that without this tech, “migration to post-quantum cryptography would force users to keep their keys on general-purpose computers, opening an entirely new set of attack vectors.” However, X users weren’t too sure what any of this actually means, and claimed Trezor’s explanation in the support links “are extremely vague and high-level.” How can it be quantum ready? Have yous created a new set of words which a seed can be generated which fingerprint verification for every tx as a must? If your words are brute forced by a quantum computer the words can be used in any wallet? — Brandon Ferris (@Brandon8ball97) October 21, 2025 Read more: Google’s quantum computer could break Bitcoin in two ways Crypto influencer Gainzy called the marketing term “the dumbest thing I’ve ever read” and claims that the “quantum-ready” feature is just an update that’s years away. He also claims “it’s like any other hardware wallet but costs 20$ more for a marketing gig.” Others questioned what actually makes the wallet quantum-ready. One user joked that Trezor’s intern might not even know what it means, as they just repeated their prior statements. What’s the deal with Trezor’s quantum technology? In order to be quantum-ready, Trezor touts a number of rather complex design choices. Firstly, it claims to run three layers of security, a boardloader, a bootloader, and firmware. The bootloader…

Author: BitcoinEthereumNews

2025/10/22

The Kalshi vs Polymarket KOL Wars have begun

The post The Kalshi vs Polymarket KOL Wars have begun appeared on BitcoinEthereumNews.com. Prediction markets Polymarket and Kalshi are competing to recruit as many crypto influencers as possible, paying them to display affiliate badges on X in a PR battle that has been dubbed the “Kalshi vs Polymarket KOL Wars.” Both firms are paying undisclosed sums to various accounts, with followers ranging from the hundreds to the hundreds of thousands, to promote their markets to their respective audiences on X and display the affiliate badge. Crypto streamer Gainzy announced he was joining Polymarket last month, while @katexbt joined Kalshi this week. Another member of the Kalshi team noted last month, “Deploying more Kalshi badges — steady lads,” while some users have begged for the chance to represent Kalshi. The marketing push follows a recent dramatic drop in app downloads across both platforms and may well be an attempt to hook newcomers across the crypto community. Prediction market competition leads to poaching X user and crypto streamer, “Eddie,” accepted a Kalshi affiliate deal in September, but over three weeks later, he was poached by Polymarket and his account is now sporting the rival badge. One crypto user joked Eddie might even be a “double agent.” Read more: Lord Miles wants YouTubers to help settle Polymarket scandal Another influencer to switch sides is “Utopia Sports,” who is currently brandishing a Polymarket badge after claiming their Kalshi partnership turned sour. The account claims their badge was removed three weeks into the partnership after they wanted to renegotiate the terms of Kalshi’s “unclear” agreement. According to messages shared by Utopia Sports, Kalshi wanted the money paid to Utopia Sports back and told them, “If we let every partner cut off their contract while keeping the money, we would go bankrupt.” Didn’t even get drafted in the Kalshi vs Polymarket KOL wars, is it because I am old now? — Cobie (@cobie) October 6, 2025 For…

Author: BitcoinEthereumNews

2025/10/08

Zcash (ZEC) Hits A ‘Tipping Point,’ Says Electric Coin Co. CEO

Electric Coin Co. (ECC) chief executive Josh Swihart says Zcash has crossed a psychological and developmental threshold after a week of outsized price action and unusually dense ecosystem activity around Token2049 and adjacent events in Singapore. In a long post on X, Swihart characterized the moment as an inflection driven by fundamentals, the macro “zeitgeist,” […]

Author: Bitcoinist

2025/10/07

MetaMask unveils rewards program, $30m in LINEA for users

MetaMask plans to launch a major on-chain rewards program, distributing over $30 million in LINEA (LINEA) tokens during Season 1.

Author: Crypto.news

2025/10/05

Top Stories Driving The Crypto Market This Week, According to Santiment

Solana Chain Carnival: Can Pump.fun's CCM Reshape the Creator Economy?

Yesterday, the Solana chain was quite lively. First, $CARD and $ZARD led the on-chain RWA craze for Pokémon cards, and then the well-known KOL HIM led the CS2 skin market $HUCH, and the market value also soared. It seems that the concept of ICM is gaining momentum on Solana. At the same time, PumpFun released a version update video, launched Project Ascend and Dynamic Fees V1, and proposed a new concept Creator Capital Markets (CCM). At first glance, it seems that the product ideas of Heaven and Bags are not much different from those of some time ago. This also triggered the return of a number of project developers, including the long-banned Memecoin trader Mitch, who launched his own live-streaming token on Pumpfun, which saw its market value exceed $42 million within three hours. This series of activity led to a general rise in other live-streaming tokens, while Pumpfun's token creation and graduation rates both increased by over 40%. Pumpfun’s ambition this time seems to be not just to have ICM, but to use the concept of CCM to make pumpfun a more extreme version of Twitch. Project Ascend Innovation According to an official announcement from Pump.fun, the core change introduced by Project Ascend is the Dynamic Fees V1 system. This new tiered creator fee structure radically changes the previous fixed-rate model. Under the previous system, creators received the same percentage of transaction fees regardless of their token's market capitalization. Now, the system introduces a dynamic fee rate tied to market capitalization—tokens with higher market capitalization receive lower creator fees, while smaller projects continue to contribute higher fees. The rationale behind this design is to encourage creators to focus on the long-term growth of their tokens, rather than short-term cashing out. PumpSwap transaction fees and content creator earnings for tokens with different market capitalizations Officials claim that this update increases creators' potential earnings tenfold. For creators who successfully manage the token ecosystem, this means they no longer need to sell their holdings to profit, instead earning a steady income through a consistent share of transaction fees. This paradigm shift is a key step in Pump.fun's efforts to address the widespread "pump and dump" problem within the memecoin ecosystem. Dynamic Fees V1 applies to all PumpSwap tokens, both newly issued and existing, while maintaining the same protocol and liquidity provider fee distribution. For "abandoned" projects whose creators have vanished, fees will flow to the community. CTO projects can apply to receive creator fees, and Pump.fun promises a significantly faster approval process. Mitch's Return: A Small-Town Story from Broke to Millionaire After Pump.fun announced its update, the first major returnee was Mitch (@MitchOnSOL_), a legendary trader who was banned multiple times by Platform X. His story is well-known in the Solana memecoin community. He entered the crypto space in 2022 and initially profited through contract trading, but lost nearly all his funds due to an addiction to online blackjack. By 2023, he had only 1 SOL left, but he achieved a 100x return by buying Milady. He then invested in popular memecoins like Retardio, pushing his assets to a peak of $8 million. Mitch's success is as notable as his controversial nature within the community. Community members like TMtheOG accused him of being an "insider" of the Pump.fun team, claiming he laundered millions of dollars through soft rug pulls, leading to his official ban from X. However, supporters like imperooterxbt defended him, arguing that he was one of the few influencers who openly purchased high-market-cap tokens and promoted them like a regular community member, rather than solely promoting insider projects he held. The reason for his ban was extortion from X. While this was only Mitch's side of the story, some supportive community members still voiced their support, chanting "Free Mitch." This time, Mitch launched his own creator coin, $MITCH. He personally purchased 80% of the supply, stating that neither he would lock it up nor sell it, but would only give it away in future livestreams, with only 20% ultimately entering circulation. In his announcement, he emphasized that this wasn't a charity, but rather a "personal experiment for fun." However, the striking $24 million in his address, God.SOL, made this experiment truly "entertaining" for him. MITCH quickly launched MOONSHOT after its launch, which also allowed its market value to exceed 42 million US dollars in a short period of time. However, if calculated based on the "circulating market value", the highest market value was only about 8.4 million US dollars. Rasmr's Livestreaming Empire: From Researcher to Memecoin Influencer Equally garnering attention alongside Mitch is blockchain researcher rasmr_eth (@rasmr_eth). As a core member of the probablynothing community, he joins well-known streamer ThreadGuy, former DEGODS founder Frank Degod, and OGshoots. Some of these individuals form an insider group known as the "Hookah Gang." They have issued numerous high-market-cap tokens, many of which are soft-coins, a source of controversy. Rasmr has been active in the crypto space since 2011 and currently has over 117,000 followers. His influence lies not only in his research and analysis, but also in the unique community culture he has built through live streaming. Rasmr has called other creators during live broadcasts to discuss memecoin opportunities (sometimes with insider information), and these "classic meme moments" often become hot topics in the community. He streams on his Twitch channel and pumpfun, covering trading demonstrations, blockchain discussions, and even livestreams of games like Path of Exile 2. His posts demonstrate a strong sense of community, and he often engages in memecoin fervor, from taking Muard out on the street to force-sell Chillhouse to people, to visiting traditional fund companies to promote Fartcoin. While quite nonsensical, it does, in some ways, introduce more people to memecoins. The live broadcast token $rasmr he previously launched currently has a market value fluctuating between 5 and 7 million US dollars, and he also holds 80% of the token. Old School Trader Gainzy Gainzy started to get involved in crypto during the 2017 crypto bull market. At that time, he participated in multiple projects that allowed him to obtain a 10-fold return on his assets. However, with the collapse of FTX, he eventually lost most of his assets due to the bankruptcy of the platform. He considers the "hellish" experience of the 2018-2019 bear market trough a valuable lesson, often sharing it in his livestreams as CT history (Crypto Twitter History). He began by scalping, excelling at profiting in volatile markets. He believes that long-term holdings are generally risky due to the influence of the DXY (US Dollar Index), bond yields, and Federal Reserve announcements, which is why he also enjoys trading Memecoins. He represents a different approach to livestreaming. Compared to other streamers, he's more of a "boomer" (old-school) type. His livestreams are pretty regular, starting at 10 a.m. every day, sometimes for a few minutes, sometimes for hours, just like a regular workday. Sometimes he shares technical analysis and trading strategies, sometimes he discusses the market, and sometimes he just gambles with friends or shares his personal life. He self-deprecatingly calls himself "Washed," saying most of his followers come from the early cycle (2017-2022), when algorithms were unfavorable to new traffic. He emphasized the essence of the streamer identity: "Most are destined to fail (NPCs or boring people), and only a few main characters can stand out." Interestingly, although he issued his own live streaming token, he distanced himself from others' live streaming tokens. He stated that while he recognizes their potential, in this sector, content quality is far more important than short-term profit. The price of his token GNZYSTRM has been rising steadily since it was launched in April, basically fluctuating between 2 million and 5 million market capitalization. BASEDD BASEDD was launched by Jacky and others in early 2024, initially focusing on NFT and memecoin projects in the Solana ecosystem. By 2025, it evolved into "BASEDD House", a content creation center focused on physical and virtual. In March 2025, they announced the Summer Content House program, selecting 7 creators through a "talent show" series, focusing on short videos, live broadcasts, vlogs, and cross-platform activations (such as Twitch, YouTube, Pump.fun). The program aims to break the "CT echo chamber" (Crypto Twitter echo chamber) and provide a viral content environment. In August and September 2025, the community entered Season 2 and relocated from Las Vegas to Los Angeles, becoming deeply involved in the explosive growth of the Pump.fun live streaming track. Currently, the market capitalization of its community token, $BASEDD, remains between $2 million and $5 million. While the community already has a token, several members also have their own "livestreaming tokens." GOON, run by @nevergoon100, for example, takes a more entertaining approach. GOON's livestreams are often filled with absurd and dramatic elements. While this style has been controversial, it has successfully attracted the attention of many young investors. Goon gave a child $200 worth of memecoin $USDUC during a live broadcast and asked him to download pumpfun Is CCM an innovation or just another speculation? The concept of Content Creator Markets (CCM) marks Pump.fun's attempt to build a radical new creator economy model. Unlike traditional content creation or livestreaming platforms like Twitch, CCM allows creators' influence to be directly represented and traded through tokens. Viewers no longer rely solely on tips or subscriptions to support creators; instead, they can share in the benefits of their success by purchasing tokens. However, this isn't PumpFun's first attempt at this. Since its introduction in late 2024, Pump.fun's livestreaming feature has been controversial for its lack of regulation, allowing users to post inappropriate content (drug use, pornography, and extreme behavior). This has led to significant speculation and potential market manipulation, resulting in significant losses for many participants. Maintaining market order while encouraging innovation has become Pump.fun's biggest challenge. The community's reaction to CCM was sharply divided. Threadguy, in his post, argued that the era of "influence being directly exchanged for money" had arrived. However, a significant number of critics argued that this was just another speculative bubble, with retail investors ultimately the victims. Is this Pump.fun update a significant step forward in the evolution of the memecoin ecosystem, or another bubble about to burst? The answer will likely be determined by the market and time. But what is certain is that in the world of Web3, the relationship between creators and supporters is being redefined.

Author: PANews

2025/09/04

‘Microwave’ no longer searchable on X amid Bob Lax rumors

The post ‘Microwave’ no longer searchable on X amid Bob Lax rumors appeared on BitcoinEthereumNews.com. An apparent bug that has rendered the term “microwave” unsearchable on X has coincided with the crypto community memeifying a controversial trader who claimed an Amazon kitchen appliance was frying his brain. X’s search feature works fine for any other word, but the search term “microwave” is met with the message, “Something went wrong. Try reloading.” The timing of the technical hitch is suspicious to say the least, striking as giddy crypto enthusiasts flooded the platform with jokes about “Bob Lax,” real name Zachary Stuart, being microwaved in his home. The story appears to be related to a screenshot of a review that Stuart supposedly left on Amazon back in March 2025 in which he claimed that a microwave he ordered had not only radiated his brain but was also spying on him. The review itself is hard to decipher, with one line reading, “THEY WATCH GRID NODE NOT KITCHEN PULSE PULSE PULSE THROUGH ME THROUGH WALL.” They microwaved bob lax pic.twitter.com/RijMyAzPeT — threadoor (@threadoor) August 24, 2025 A screenshot of the review from Bob Lax, real name Zachary Stuart. Read more: Solana CEO ghosts Burwick Law 9 times over Pump Fun lawsuit Shortly after the crypto trader’s incoherent ramblings went viral, the review spawned multiple tokens on controversial memecoin platform Pump Fun. One such token called “MICROWAVED” reached a market cap of $3.6 million before, in typical Pump Fun fashion, crashing back down to $750,000. Box Lax was arrested this year for assault Lax is a kind of micro celebrity in crypto circles, with his own backlog of “lore” that includes an alleged incident with Mark Cuban, and walking around the 2021 BTC conference in Miami with a black eye. rare Bob Lax pic from deep in my archives BTC Miami 2021 Guy walked around with this black eye the entire…

Author: BitcoinEthereumNews

2025/08/28

From WNBA farce to coin price surge, the viral marketing behind DILDO's tenfold increase in ten days

Author: 1912212.eth, Foresight News The Women's National Basketball Association (WNBA) was unexpectedly overshadowed by a bizarre "toy invasion" incident. Starting on July 29, a series of green mysterious toys (dildo)

Author: PANews

2025/08/12

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