Altcoin News Official TheBitTimes.com

Bill Gates fortune is making headlines as the Microsoft co-founder pledged to give away virtually all of his $108 billion wealth by 2045, igniting a heated feud with Elon Musk over foreign aid cuts. This accelerated philanthropy timeline represents a dramatic shift in billionaire philanthropy approaches, with Gates planning to liquidate his Bill Gates fortune through the Gates Foundation wealth distribution program. Also Read: Ethereum Pectra Upgrade Price: ETH Surges 18% to $2,200 Gates Vs. Musk: $108B Giveaway, Philanthropy Clash, And Future Plans Source: CNN The Elon Musk vs Bill Gates tech billionaires feud intensified after Gates announced his plan to donate his entire fortune by 2045. Gates Foundation wealth will grow to distribute approximately $200 billion over two decades in what Gates called “the largest philanthropic commitment in modern history.” Gates stated: “People will say a lot of things about me when I die, but I am determined that ‘he died rich...

An apparent multi-million dollar trade gone wrong on the Hyperliquid derivatives exchange saw a JELLYJELLY memecoin trader lose millions, gain it all back, and then give it all away again. Onlookers to the topsy-turvy David v Goliath battle with the exchange’s liquidity provider were enthralled as the trader opened a leveraged position and removed liquidity from its own account in order to increase its leverage ratio even higher. With margin reaching nose-bleeding territory, even the smallest fluctuation in price would force a liquidation. It duly did. With a slight wick in price, the trader’s memecoin transferred to an experienced Hyperliquid market-maker, a so-called Hyperliquidity Provider (HLP) . Seemingly down millions of dollars, the trader then executed the next leg of the trade. Knowing that JELLYJELLY was a particularly small and thinly traded memecoin, and armed with the ability to arbitrage its price cross-exchange via a newly-announced 25X perpetuals ...

The cryptocurrency market suffered one of its worst liquidation events in history, wiping out over $2.24 billion in the last 24 hours amid escalating global trade tensions. Ethereum (ETH) took the hardest hit, leading the liquidation spree with $617.35 million, followed by Bitcoin (BTC) at $418.20 million. Other altcoins also faced sharp declines, with a combined $441.18 million in liquidations, amplifying the market’s downward spiral. Cryptocurrency liquidation heatmap. Source: CoinGlass Mass liquidations trigger market-wide panic According to data from CoinGlass , 746,711 traders were liquidated, marking one of the most severe wipeouts in crypto history. The largest single liquidation order was recorded on Binance’s ETH/BTC trading pair, valued at $25.64 million. Picks for you Is Bitcoin headed below $90,000 amid Trump’s tariffs?...

A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to see more rallies after concluding an ABC wave pullback. “LINK continues to look strong here against USD and BTC pair. Working real hard on the range breakdown reclaim, I think this will be at least 50% higher in the next week or two.” Source: Bluntz/X He also says that the market correction this week creates a buying opportunity for LINK. “There are some good setups now on these mega flushes. LINK is one of them.” Source: Bluntz/X LINK is trading for $23.65 at the of writing, up 12.2% in the last 24 hours. ...