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Showing posts with the label crypto portfolio

Andrew Tate’s crypto wallet shows nearly $600K in losses

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Controversial influencer Andrew Tate is learning the hard way about blockchain transparency. On Tuesday, Tate took to X (formerly Twitter) to flex a massive +138.5% return on an ETH long position using 25x leverage on Hyperliquid, a rising decentralized perpetuals exchange (DEX).  His post included a Hyperliquid-branded trade screenshot and a referral link, an apparent attempt to capitalize on the buzz and drive affiliate signups. Andrew Tate’s now deleted tweet. Source: X But Tate may have underestimated the transparency of on-chain platforms. While centralized exchanges (CEXes) can obscure account identities, DEX trades are fully public, tied to wallet addresses. Crypto sleuths quickly traced the wallet behind his Hyperliquid trade, exposing a much less glamorous truth.  According to data from portfolio tracker Hyperdash, the wallet currently shows a cumulative PnL of -$597,302.89, reflecting total losses across all past trades . In other words,...

OpenAI o1 builds ideal crypto portfolio for the 2024 bull run

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Cryptocurrency analysts say an altseason is “just around the corner,” getting ready for a crypto bull run starting in 2024. Looking for insights on how to better build an investment position, Finbold turned to OpenAI’s recent launch and most advanced artificial intelligence (AI), o1, asking for the ideal crypto portfolio given this potential opportunity. Notably, the “PhD-like” OpenAI model offered a complete portfolio subdivided in six categories. First, large- and mid-cap cryptocurrencies represent 30% of the investment, followed by small-caps and three niche sectors totaling 40%. Picks for you Bitcoin price levels to watch as 'bullish fervor' set to 'cool down very quickly' 8 mins ago Alt...