BlockPress

BlockPress

The crypto trap that won’t let you sell — and how to avoid it

Honeypot scams represent a significant threat to cryptocurrency investors, employing deceptive tactics to lure victims into irreversible financial losses. These scams operate by creating seemingly lucrative investment opportunities, often featuring tokens that appear promising but are, in reality, designed to…

How to earn crypto passively without trading

Cryptocurrency index funds and exchange-traded funds (ETFs) offer a compelling approach to passive income generation within the dynamic cryptocurrency market. Unlike actively managed funds that require constant monitoring and trading decisions, index funds and ETFs provide a diversified portfolio mirroring…

Investor makes nearly $30M from Bitcoin bought in 2013

A remarkable investment story highlights the potential, and inherent volatility, within the cryptocurrency market. In 2013, a shrewd investor committed $60,000 to Bitcoin, a relatively nascent digital currency at the time. This decision, driven by foresight or perhaps a calculated…

Ethereum whales open $100M of leveraged bets after US strikes Iran

The cryptocurrency market is currently experiencing a complex interplay of forces, with significant implications for Ether (ETH), the second-largest cryptocurrency by market capitalization. While large investors, often referred to as “whales,” are demonstrating considerable confidence in ETH’s price recovery by…