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Showing posts from April, 2025

FTX Sues NFT Star Marketplace In Bid To Recover Lost Funds

FTX, the crypto exchange that went bankrupt, has filed a lawsuit against NFT Stars, an Ethereum blockchain-based digital non-fungible token marketplace, and Kurusemi (Delysium), a renowned blockchain company. The crypto exchange seeks to recover funds from the two companies after they failed to deliver all the digital tokens, like cryptocurrencies or NFTs, that FTX had paid for. FTX Perseus NFT Stars And Kurosemi In a press release published earlier this week, the FTX Recovery Trust confirmed that it filed a lawsuit on Monday against NFT Stars NFT marketplace and Kurosemi, which does business as Delysium, alleging the two companies failed to deliver crypto tokens promised under investment agreements with Alameda Research’s venture arm, Alameda Venture. In the FTX, Alameda Research acted as FTX’s main market maker. It played a significant role in the growth of FTX. FTX Seeks to Recover $1.8mm in AGI tokens, $88k in SIDUS tokens, and $8.8k in SENATE tokens Of all the thin...

Musk's Big Move: Transitioning Out of DOGE Amid Tariff Tensions?

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Elon Musk’s DOGE involvement at the White House is certainly changing, as the tech billionaire is now apparently stepping back from his Department of Government Efficiency role. This shift, which is happening right now, comes amid growing market volatility and has also raised several questions about regulatory uncertainty in crypto investments. Also Read: Shiba Inu’s Future If Bitcoin Soars to $2.4M: SHIB Holders Won’t Believe This Understanding Musk’s Shift in the DOGE Role: Impact on Market Volatility, Regulations & Crypto Investments Source: Reuters Musk’s Changing White House Role Elon Musk DOGE leadership is transitioning to a remote arrangement, and at the time of writing, the White House has confirmed that Musk is no longer physically working on-site. White House Chief of Staff Susie Wiles was clear about the fact that: “Instead of meeting with him in person, I’m talking to him on the phone, but it’s the same net effect.” Wiles also empha...

Reasons Your Business Needs Blockchain Security Services

It's not enough for your business or organization to have a blockchain development team to integrate digital technology in your operations. A security measure is necessary to ensure vulnerabilities are addressed before they cause substantial damage or massive loss. Although a security department can be established in-house, hiring a fully independent firm offering Web3 security services is often the best approach. That said, security isn’t just a technical add-on, but also a vital part of running anything on the blockchain. If you're exploring Web3 solutions for your business, here’s why investing in professional protection makes a real difference. Prevent Costly Hacks Are you aware that hackers are constantly searching for methods to exploit blockchain platforms? Major losses could result from even minor flaws in your system! Fortunately, hiring specialists in blockchain security services can help in identifying coding flaws, exposed APIs, unsecure connections, and...

$3B ETF Inflows Can't Break $100K—Bitcoin Out of Steam?

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Bitcoin ETF inflows have actually reached around $3.06 billion, and yet Bitcoin continues to struggle beneath the $100,000 barrier despite this substantial institutional support. The cryptocurrency gained about 10% last week, trading at approximately $95,500, but has been unable to breach this key psychological level since February 2025, which has many investors wondering about future BTC price prediction scenarios. Also Read: Putin Gifts Trump Painting & Proposes Ceasefire—Could a US-Russia Axis Trigger Re-Dollarization or De-Dollarization? Why Bitcoin Price Stalls Despite ETF Inflows And Crypto Hype Source: Watcher Guru Several strategic institutions continue to fuel Bitcoin ETFs as they display exceptional interest in BTC yet the $100,000 resistance level continues to block Bitcoin’s price appreciation despite positive crypto market Analysis . The contradictory market behavior leaves several crucial questions about what actual forces move Bitcoin prices in its present state. ET...

Sure Shot Way To Beat Buffett: Analyst’s Bold Claim Using Cryptocurrency

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The cryptocurrency market has become more nuanced than before. With President Donald Trump going all in on Bitcoin and the crypto domain, the market has noticed a sharp shift and is now awaiting a comprehensive regulatory approach to help the domain rise high on the radar. In this wake, a leading financial expert has drawn a compelling opinion, reflecting on a lost opportunity, the one that could have led investors to accumulate huge amounts of profits, contesting none other than Warren Buffett in the process. Also Read: Yuan Hits 7.30061 Against U.S. Dollar Today: What’s Driving the Shift in the FX Market? How Crypto Could Have Made Investors Rich Source: Watcher Guru The cryptocurrency domain is dynamic and ambitious. This arena is full of surprises, often disseminating them in the form of huge profits through researched approaches and Analysis . In this wake, Anthony Pompliano, a leading financial expert, took to X to reflect on the importance of this domain. In his recent post, Pom...

Analyst Says Solana-Based Memecoin Going Much Higher, Sees PENGU Facing ‘True Test’ After April Surge

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A closely followed crypto strategist believes one memecoin running on Solana (SOL) is not yet done rallying, even after posting over 60% gains this month. Pseudonymous analyst Altcoin Sherpa tells his 245,000 followers on the social media platform X that he’s bullish on Bonk (BONK) following the altcoin’s breakout of an accumulation zone on the three-day chart. The trader shares a chart suggesting that BONK can rally to as high as $0.0000262 after taking out its resistance at $0.0000142. “BONK is going much higher (I have a bag). Looks good on the charts as well. Think I’m going to add to my position if I get a small dip.” Source: Altcoin Sherpa/X At time of writing, BONK is trading for $0.0000182. Turning to the native asset of the non-fungible token (NFT) project Pudgy Penguins (PENGU), the trader says the altcoin needs to print a bullish higher low setup at around $0.0065 to start reversing its multi-month downtrend. Otherwise,...

Stablecoins in the BNB ecosystem

Stablecoins in the BNB Ecosystem: Fueling Stability and Growth Stablecoins play a crucial role in the BNB ecosystem, offering price stability and seamless access to decentralized finance (DeFi) services. Pegged to fiat currencies like the U.S. dollar, stablecoins such as BUSD, USDT, and USDC are widely used across Binance Smart Chain (BSC) for trading, lending, staking, and liquidity provision. BUSD, the native stablecoin issued in partnership with Paxos, was once the dominant stable asset on BSC. Despite regulatory shifts affecting BUSD, the BNB ecosystem has adapted, with other stablecoins like USDT and USDC gaining traction. These assets provide a reliable medium of exchange and store of value, essential for users navigating the often-volatile crypto markets. Stablecoins in the BNB ecosystem also power DeFi protocols, allowing users to earn yields, provide liquidity, and interact with dApps without worrying about price fluctuations. Their integration into wallets, DEXs like PancakeS...

AI Predicts Trump Meme Coin's Price For The End of April 2025

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Donald Trump has been making headlines for the past year in the cryptocurrency industry. His sudden inclination towards the industry, along with the launch of the TRUMP meme coin, put the President in the spotlight. The asset’s massive uptick caught the eye of several investors, old and new. Even though the market shifted focus, the meme coin continued to remain relevant. According to the Trump meme coin’s website, Donald Trump will host a special gala dinner with the 220 largest holders on May 22. The invitation is dubbed the “most EXCLUSIVE INVITATION in the world.” Also Read: When SHIB Hits $0.00005, You’ll Wish You Invested $1K Now—Here’s Why This wasn’t all. TRUMP holders were yet again in for a treat. The website also reveals that the top 25 coin holders will have “an ultra-exclusive private VIP reception with the President” in addition to the gala dinner. This will reportedly take place at the Trump National Golf Club in Washington, DC. ...

Ethereum Adds 12% In 24 Hours – On-Chain Metrics Point To Modest Resistance Ahead

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R. Kiyosaki says this asset ‘will 2x in 2025’ — and it’s not Bitcoin

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Summary: ⚈ Robert Kiyosaki predicts silver will double in price during 2025. ⚈ He warns gold is overvalued after topping $3,500 and pulling back. ⚈ Kiyosaki isn’t buying more Bitcoin, saying he already owns enough. According to Robert Kiyosaki, silver is a highly attractive investment in 2025 due to its substantial upside potential.  The prominent investor and author of the best-selling personal finance book ‘ Rich Dad Poor Dad’, took to X on April 22 to, as he put it, bring ‘GOOD NEWS for people with not much money.’ In the post, the influencer revealed his intent to buy more Silver Eagles – America’s official silver bullion coins – while reminding his followers that their ‘profit is made when you buy…. Not when you sell.’ The author reiterated that the precious metal is significantly below its all-time high (ATH) and forecasted it ‘will 2x in 2025,’ thus reaffirming his previous price target of $70. Silver YTD price chart. Source: Trad...

Tesla (TSLA) Says None of Its $1B Bitcoin Was Sold in Q1 2025

Tesla (TSLA), one of the leading automotive and clean energy companies owned by Elon Musk, announced today that none of its $1 billion in Bitcoin was sold in Q1 2025. The company did not buy or sell any of its Bitcoin, according to its latest earnings report. Tesla’s current holdings of Bitcoin are worth approximately $1,050,300,000 at press time. The holdings also have an unrealized gain of over $500 million. While the company didn’t sell any of its BTC holdings, Tesla last made a significant Bitcoin transaction in Q3 2024. Then, for the first time in two years, Elon Musk’s Tesla transferred all of its $760 million worth of Bitcoin assets from its public wallet. Tesla continues to cling to its substantial Bitcoin investment, even amid ongoing price turbulence for the largest cryptocurrency. It last reduced its holdings in Q2 2022 after liquidating 75%, or roughly $936 million worth of BTC. The company’s recent Bitcoin transfer did impact the asset’s price, causing it to surge to ...

Ethereum Attempts Breakout From Multi-Month Downtrend, But Can ETH Hold $1,600?

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Crypto market wipes over $700 billion since Trump’s return to White House

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Donald Trump’s re-election in November 2024 proved to be an impressive bullish catalyst for the cryptocurrency market, as it swiftly led to a rally for many digital assets. This rally generated 11,000 new Bitcoin (BTC) millionaires and enabled BTC to reach above $100,000, eventually hitting its intraday all-time high (ATH) of over $109,000. Donald Trump’s actual presidency had the opposite effect, as it led many cryptocurrencies lower as they began following other risk assets in their downturn amidst the growing economic uncertainty.  Indeed, when the billionaire took office, the total digital assets market capitalization stood at $3.46 trillion – approximately $210 billion above the January 1, 2025, valuation – and, by press time on April 21, it collapsed to $2.7 trillion. In total, cryptocurrencies erased about $760 billion in the three months since Trump became president. Cryptocurrency market capitalization YTD chart. Source: TradingView Cry...