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Showing posts from March, 2025

Top Selling NFTs This First Week Of April – DeFi Dungeons Top In Sales

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The global non-fungible token market has started the new month of April 2025 healthy and strong after experiencing negative growth in trading sales volume in the past several weeks. In the past 24 hours, the non-fungible token market has amassed a trading sales volume of $14 million. During this time, the NFT trading sales volume has surged by 46% from the past day. Below, we have listed some of the most-selling NFT collections this first week of April 2025: 1. DeFi Dungeons NFT Collection Defi Dungeons, a non-fungible token collection from the DeFi Dungeons, a fantasy idle RPG powered by the Solana blockchain network, is the top-selling NFT collection this first week of April 2025. In the past 24 hours, the DeFi Dungeons NFT collection has amassed a trading sales volume of $1.5 million. It has a market capitalization of over $5 million and a floor price of $466. 2. Taproot Wizard NFT collection Taproot Wizards, a renowned non-fungible token collection from the Quantum Cats NF...

Exploring the Jelly Short-Squeeze Incident: Are Centralized Exchanges Really Superior to Hyperliquid?

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Author | Xian Rang Interviewee: Shawn, Developer of Hyperliquid Ecosystem LSD Project The recent Jelly short-squeeze incident involving Hyperliquid has sparked widespread industry discussion and debate. While some critics have taken the opportunity to accuse Hyperliquid, others have sided with centralized exchanges like Binance and OKX, advocating their supposed superiority. In response, the Xian Rang team conducted an in-depth discussion with Shawn, a developer working on an LSD project within the Hyperliquid ecosystem. Topics discussed included Hyperliquid's technical architecture and current status, the vulnerabilities exposed by the Jelly incident and potential improvements, the fairness of KOLs attacking Hyperliquid while siding with centralized exchanges, and future trends within the exchange sector. Below is the transcript of the conversation: 1. Wuyue: Could you briefly introduce yourself? Shawn: I entered the blockchain industry in 2017, focusing primarily on technology, i...

Crypto market erases $100 billion in 24 hours

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Though the trading days since March 11, and particularly since March 23, brought renewed hope for cryptocurrency investors with, for example, Bitcoin (BTC) rallying nearly 10% within two weeks, the 24 hours between Thursday and Friday moved the needle back into fear. The 24 hours leading up to press time on March 28 generated a 3.70% market-wide crash that ensured the total market capitalization of digital assets plummeted by just over $100 billion to $2.71 trillion. Total cryptocurrency market capitalization 24-hour chart. Source: TradingView The valuation and price drop has been accompanied by a new shift in the ‘Fear & Greed Index,’ per the data retrieved by Finbold from CoinMarketCap . Specifically, investor sentiment hit 12-month lows earlier in March, only to enter a sharp recovery in more recent sessions. Picks for you Crypt...

Congress Members' Top 3 Stock Picks Revealed

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Congress stock picks are getting a lot of attention right now, especially as more and more elected officials seem to be investing in tech and biotech companies. Recent data actually shows that members are betting big on NVDA (NVIDIA), AVGO (Broadcom), and AMGN (Amgen) – and these congress stock picks have been delivering some pretty impressive returns. At the time of writing, these political stock strategies have consistently outperformed the broader market, which is why many retail investors are keeping an eye on government investments for potential guidance. Also Read: Ripple: How High Will XRP Rise In Q2 2025? Find Out Which 3 Stocks Congress Members Are Betting Big On Source: Watcher Guru 1. NVDA: AI Computing Giant Source: quiverquant.com NVIDIA is currently leading the congress stock picks with its dramatic growth from near-zero to over $140 by early 2025. Nancy Pelosi, for instance, invested between $250,001 and $500,000 in 50 NVDA call options with an $80 strike price that will...

French Investor's 580 BTC Buy Sees 709.8% ROI

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A French investor’s Bitcoin purchases have been making headlines lately, with The Blockchain Group recently acquiring 580 BTC for approximately €47.3 million. This rather bold Bitcoin investment strategy has now positioned the company as Europe’s leading Bitcoin treasury operation, delivering some truly extraordinary returns that many analysts didn’t see coming. Also Read: Bank of America Revises Gold Price Forecast: Check the New Target How Smart Bitcoin Investments Lead to Massive Returns & Growth Source: Watcher Guru The Blockchain Group’s Strategic Bitcoin Accumulation The Blockchain Group, which is currently based in Puteaux, France, and also listed on Euronext Growth Paris, announced on March 26 that it acquired 580 BTC through its subsidiary. The Bitcoin purchase was made at an average price of around €81,550 per Bitcoin, increasing their total holdings to about 620 BTC, which at the time of writing is valued at roughly €50.5 million. Alexandre Laizet, dep...

Top Selling NFTs This Week – Penguins & Bored Ape Top In Sales

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The global non-fungible token market has experienced a short uptick this week, marked by a surge in floor price values and trading sales volume. In the past seven days, notable NFT collections like the Bored Ape Yacht Club, CryptoPunks and Pudgy Penguins NFTs have seen their NFT floor prices and sales volume rise +10%. In this article, we have listed some of the top-selling NFT collections this week: 1. Bored Ape Yacht Club NFT Collection Bored Ape Yacht Club, a globally acknowledged non-fungible token collection from the digital asset firm Yuga Labs, featuring a fixed set of 10,000 NFTs hosted on the Ethereum network, is this week’s most-traded NFT collection. In the past 24 hours, the Bored Ape Yacht Club NFT collection has amassed a trading sales volume of $598,080. It has a market cap of $300 million and a floor price of $30,121. 2. Pudgy Penguins NFT Collection Pudgy Penguins, another globally acknowledged from the digital asset firm Igloo featuring a fixed supply of 8,88...

DeFi lending protocol Abracadabra exploited for $13M of ETH

DeFi lending protocol Abracadabra has lost approximately $13 million via an exploit that appears to be linked to certain collateral tokens.  Crypto security audit firm Peckshield flagged the hack, which drained a total of 6,260 ether (ETH) on the Ethereum layer-two network Arbitrum. The funds have since been bridged back to Ethereum, where they are being held in three addresses.  .@GMX_IO @MIM_Spell related contracts have been hacked for ~6,260 ETH (worth ~$13M) pic.twitter.com/LZzMADWB3n — PeckShield Inc. (@peckshield) March 25, 2025 Read more: Magic Internet Money loses its sparkle as DeFi platform hacked for $6.5M After being tagged in the initial alert, decentralized perps exchange GMX took to X to clarify that its contracts were unaffected by the attack. The team points instead to “Abracadabra/Spell cauldrons” which “allow for borrowing against specific GM liquidity tokens.” While the investigation into the root cause of the hack is ongoing, one of Abra...

Ripple: AI Predicts XRP Price For March 31, 2025

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Ripple’s native token XRP was up nearly 3% on Monday’s trade, hovering around the $2.45 mark. The token is free from the shackles of the lawsuit pressed by the US Securities and Exchange Commission this month. The SEC withdrew the lawsuit against Ripple last week, making the cryptocurrency sector enter a new era without governmental interference. Also Read: Shiba Inu: SHIB’s Price 1 Year From Now Source: Coingecko However, Ripple’s native cryptocurrency did not experience a major price outburst after the SEC dropped the lawsuit. XRP went from a low of $2.25 to a high of $2.55 after the news about the lawsuit ending broke out. That’s an upsurge of nearly 13% in a day but it failed to maintain the positive momentum. Also Read: How Much Bitcoin (BTC) Does North Korea Hold? AI Price Prediction: Ripple (XRP) Price For March 31 Source: Bitcoin Block Leading on-chain metrics and price prediction firm CoinCodex has painted a neutral picture for Ripple’s XRP. Accord...