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Showing posts from March, 2025

Ether whale narrowly avoids liquidation of $117M position

Ether holders continue to monitor two dicey ‘whale’ positions that came dangerously close to liquidation yesterday, with a combined $229M worth of collateral at risk. Following another rough weekend, which saw ETH slide around 10%, liquidating such large quantities would be sure to send the token even lower still. After hitting a four-year low against Bitcoin towards the back end of last week, ETH has since slid even further, to a 5-year low.  The 125,603 $ETH($229M) held by these two whales on #Maker is at risk of liquidation! The liquidation price is $1,787.75 and $1,701.54.https://t.co/OsRc23ptV8https://t.co/nbAL9cAnkv pic.twitter.com/xUn6iOW19B — Lookonchain (@lookonchain) March 31, 2025 Read more : ETH crashes to four-year low against BTC  The slightly smaller of the two positions (63k ETH, worth $114M) was being actively managed over the weekend, adding a total of 2,600 ETH of collateral and repaying some debt to bring its liquidation price down to $1...

Panini America NFTs Soar +1,200% In Daily Sales Volume

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Panini America, the American division of a trading card company, has seen its non-fungible token collection skyrocket in trading sales volume. In the past 24 hours, the Panini America NFT series has recorded a trading sales volume of over $1 million, becoming the third most-selling NFT collection in the global NFT market chart. It has outpaced some of the notable NFT collections, such as the Bored Ape Yacht Club and Pudgy Penguins. #PaniniObsidian Football is coming to #PaniniBlockchain on Friday, March 28 at 10am CT at https://t.co/Gw2RxZUmvE! Chase Obsidian’s Inserts like Black Stained Glass and Black Color Blast plus additional 2024 NFL season inserts including Kaboom!, Blank Slate, Downtown! and… pic.twitter.com/P3RPL90IRM — Panini America (@PaniniAmerica) March 27, 2025 Panini Tops The NFT Market Chart Data compiled by Cryptoslam.io, a renowned on-chain crypto market data aggregator and non-fungible token explorer, shows that the Panini America NFT series ...

Is Blockchain the Key to Financial Privacy?

Is Blockchain the Key to Financial Privacy?! In an era of increasing financial surveillance and data breaches, privacy has become a major concern for individuals and businesses. Many are turning to blockchain technology as a potential solution—but is it the key to financial privacy? The Paradox of Transparency and Privacy Blockchain is often praised for its transparency, immutability, and security. Public blockchains like Bitcoin and Ethereum allow anyone to verify transactions, but this very feature can also expose financial activity to unwanted scrutiny. Every transaction is recorded on a public ledger, making it possible to trace the flow of funds. This raises an important question: Can blockchain offer privacy while maintaining its core principles? Privacy-Focused Blockchain Solutions Several blockchain projects have taken up the challenge of enhancing financial privacy. Here are some key innovations: 1. Privacy Coins (PIVX, Monero, Zcash, etc.) Privacy-focused cryptocurrencies use...

PEPE at Launch vs. Today: What Would a $500 Investment

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The cryptocurrency industry was previously filled with dog-themed meme coins. While Shiba Inu (SHIB) emerged as a Dogecoin (DOGE) killer, a few others wanted in on the canine party. Amidst this, PEPE made its debut with a bang. The frog-themed meme coin stood out for a lot of reasons. One among them is its massive price change right after its launch. The asset has even continued this uptrend throughout its time in the market. Also Read: Bitcoin Reserves a ‘Time Bomb’—Russian Economist Warns of 50% Crash How High Is PEPE Trading Today? Source: Techpoint Africa Over the past 24 hours, PEPE recorded a rise of 1.21%. This was a shocker as most assets in the market were on a downtrend. At the time of writing, the meme coin was trading at $0.000008537. This was achieved after the asset managed to rise by nearly 12% throughout the past seven days. The majority of the market registered downfalls during the month of March. PEPE, on the other hand, surged by 8.74%. Source: CoinMarketCap Along wi...

SHIB price soars as $1 billion flows in overnight 

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Shiba Inu (SHIB) experienced a massive 15% rally over the past 24 hours, sending the price of its token from $0.00001348 to $0.00001552 at press time.  With this latest move, SHIB has now rallied by 19.71% on the weekly chart, bringing year-to-date (YTD) losses down to 26.68%. SHIB price 1-day and year-to-date (YTD) charts. Source: Finbold Notably, in the last 24 hours, the market capitalization of Shiba Inu has increased from $7.94 billion to $8.97 billion on March 26, per data retrieved by Finbold from CoinMarketCap . That’s a $1.03 billion increase in the span of a day.  Picks for you WhiteBIT launches its crypto exchange in Australia 2 hours ago Ripple’s Legal Chief drops bombshell ‘Final’ update on SEC case ...

VeChain (VET) Turns Green, Rallies 13%: $0.040 Next?

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VeChain (VET) is gaining momentum once again after its recent price dip. The asset has rallied 0.4% in the daily charts, 8.8% in the weekly charts, and 13% in the 14-day charts. Despite the rally, VET’s price is still down 17.4% over the previous month and 38.7% since March 2024. Also Read: Cardano Prediction: AI Sets ADA Price For March 31, 2025 Source: CoinGecko Crypto Market Resurgence Source: Watcher Guru The crypto market seems to be recovering after its recent dip. Bitcoin (BTC) has reclaimed the $87,000 level. The global crypto market cap has risen to $2.97 trillion. BTC’s rally may have trickled into other assets. VeChain (VET) could be rallying due to increased BTC inflows. The market rally is likely due to the US announcing that it would ease tariffs. Tariffs against the European Union (EU), Canada, and Mexico triggered a market correction. VET and other assets faced substantial price dips following the development. Also Read: Shiba Inu: Can SHIB Hit $0.01 Before 2...

Ripple Hits Another Major Milestone: XRP Eyeing $4.20?

Ripple (XRP) has hit a new major milestone, with the first-ever regulated XRP futures in the US going live this week. Bitnomial, a U.S.-based digital asset derivatives exchange, has launched the first-ever U.S. Commodity Futures Trading Commission (CFTC) regulated futures contract for XRP, the firm announced on Thursday. “This marks the first-ever CFTC-regulated XRP futures product in the United States, providing traders with a compliant, transparent, and capital-efficient way to gain exposure to XRP,” Bitnomial said in a statement this week. The move is the latest in a string of huge milestones for Ripple Labs and their XRP cryptocurrency. This week the software company saw its lawsuit from the SEC finally come to a close. The lawsuit was originally filed four years ago, under the previous Gary Gensler-led SEC. Ripple CEO Brad Garlinghouse called the lawsuit “doomed from the start” in a statement following the dropped appeal. Garlinghouse also called the move “a resounding...

Crypto Czar David Sacks Meets With UAE Officials to Talk Crypto, AI

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In what could be a key part of the industry’s growth on a global scale, US President Donald Trump’s crypto czar, David Sacks, has officially met with top United Arab Emirates (UAE) officials on Friday. Indeed, Sacks and other Trump administration officials met with the foreign leader to discuss the cryptocurrency sector and artificial intelligence. Senior UAe Official Tahnoon Bin Zayed Al Nahyan confirmed the meeting in a post to X (formerly Twitter). Both sides did not limit the discussion to the emerging technologies, as they also talked about potential opportunities for the UAE’s potential investment plans into the United States. JUST IN: Crypto Czar David Sacks holds talks with top UAE official to discuss cryptocurrency. pic.twitter.com/kkVWSh8l5j — Watcher.Guru (@WatcherGuru) March 21, 2025 Also Read: US President Trump Urges Congress to Pass Stablecoin Legislation Trump Administration and UAE Officials Meet to Talk Crypto & AI There is no denying that the return...

Dan Chen, director of FTX-linked Deltec, joins Gemini as CFO

Dan Chen, director of FTX-linked Deltec, joins Gemini as CFO Dan Chen, the former chief financial officer (CFO) of Deltec International, has joined Gemini, also as CFO. Deltec International is the parent company of Deltec Bank, which allegedly extended billions of dollars in credit to Alameda Research to facilitate its activities. Tether, FTX, and Alameda Research were also able to bank there. Before joining Gemini, Chen worked as vice president of capital markets and bank partnerships for Affirm. He also serves on the board of directors for Relm Insurance, a Deltec International-affiliated firm. Relm provided insurance to FTX US, FTX Australia, and other companies that faced the consequences of FTX-Alameda Research. I’m thrilled to announce that I’ve joined @Gemini as its Chief Financial Officer. I will be working alongside @cameron and @tyler and the incredible team at Gemini to unlock the next era of personal, financial, and creative freedom. Crypto is ...

Hedera HBAR: How High Will It Trade in 2025

Hedera coin (HBAR) was among the top-performing assets last year as it surged nearly 850% between November to January. It went from a low of $0.04 before Trump’s victory to a high of $0.37 when he took oath. It deleted a zero with ease and investors who accumulated the token early made massive profits in a short time. However, like many altcoins, HBAR has had a slow start to 2025 and is down nearly 20% in the last month alone. HBAR is now trading at the $0.18 mark on Tuesday and is attracting bearish sentiments. It is down close to 4% in the day’s trade and showing no signs of a bullish trajectory. Can Hedera coin dust itself from the fall and begin to steadily climb up in the indices? How may the coin perform for the remainder of this year? How High Will Hedera HBAR Go in 2025? The US SEC is currently mulling over announcing approvals to a spree of ETF applications that it has in store for investors. In the latest development, the US SEC has acknowledged Grayscale’s Hedera (HBAR) ETF,...

Mario Nawfal can't shake doubts over shady ROSS token promo

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Mario Nawfal’s crypto account claims to have removed two promotions for an Adin Ross token after discovering it was a scam. However, users on X (formerly Twitter) remain skeptical. On Monday, the RoundtableSpace X account promoted a ROSS token before deleting the post shortly afterward. The next day, it shared the token address of this ROSS token. At one point, the market cap of ROSS reached $7 million before its price crashed. Mario Nawfal claims the account was compromised by a member of his team after they were convinced to promote a fake Adin Ross token by the user “@hardsnipe.” Despite this, onlookers on X weren’t impressed. One user who was annoyed at the team for promoting ROSS twice said, “Do you think we’re f*cking stupid?” Read more: FBI and SEC likely investigating Mario Nawfal after wave of complaints Others called it a “poor excuse,” and described Nawfal’s explanation as “a polite way of saying I rugged you,” and “HARD TO BELIEVE.” ...

Solana’s Rough Patch

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After a promising start to 2025, Solana price has shed nearly 45% from its peak within just one month. A broader look at the cryptocurrency market reveals that what initially seemed a full-fledged bull run was abruptly halted by recent inflation data. High inflation — or even a slowdown in its decline — forces the Federal Reserve to halt its rate-cutting cycle, potentially keeping rates steady or even increasing them in the future. Persistently elevated rates reduce market liquidity, and highly speculative assets like cryptocurrencies are often the first to take a hit from such monetary tightening. A quick glance at a crypto heatmap reflects the extent of this downturn, with red dominating across major digital assets, indicating widespread losses. Solana, however, has not only been affected by unfavorable market conditions — it has also underperformed compared to other cryptocurrencies due to two major factors. First, recent scandals involving so-called meme co...

North Korea Passes El Salvador in Bitcoin Holdings After $1.4B Hack

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In what is a rather surprising global development, North Korea has reported surpassed El Salvador in total Bitcoin holdings after its most recent $1.4 billion Bybit hack. Indeed, Arkham Intelligence reported that the Lazarus hacker group currently holds 13,518 BTC, more than the governments of the Central American nation and Bhutan. The Lazarus group completed the $1.4 billion theft in February, and it has propelled the nation’s Bitcoin holdings. El Salvador currently holds just 10,635 BTC, while Bhutan holds more than 6,000 BTC. Indeed, both countries have sought to integrate the leading cryptocurrency in their financial operations as a nation. Source: Watcher Guru Also Read: BRICS: Russia and North Korea Announce Historic Agreement North Korea BTC Holdings Surpass El Salvador & Bhutan After Bybit Attack Although prices have not benefited, there is no denying that 2025 has been a massive year for the cryptocurrency market. The United States has led its own overhaul of its crypto ...

Major Bitcoin Crash Warning: Analyst Warns BTC Could Fall to $10,000

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Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has made a doomsday prediction for Bitcoin. The strategist predicted that BTC could crash to the $10,000 level if a series of events occurred in the markets. He warned that gold prices above the $3,000 mark are a triggering point for other assets to plummet in value. The development puts pressure on the broader stock and cryptocurrency market, which could lead to a downward trajectory. Also Read: Ripple Rebounds 4% to End the Week: Can XRP Target $4? Source: Coingecko Bitcoin is currently hovering around the $83,750 level and remains trading sideways in the charts. It has dipped close to 15% in the last 30 days and is exactly opposite to gold where it rose nearly to 15% year-to-date. The inflow of funds from institutional investors is moving into gold and the commodity markets leaving stock and cryptocurrencies in the limbo. The move could put BTC on a slippery slope with higher chances of a price dip. Also Read: Solana: W...

BRICS: The US Dollar Has Become a Problematic Currency

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On the heels of the 16th BRICS summit in October 2024, Russian Foreign Ministry spokesperson Maria Zakharova called the US dollar a “problematic currency.” She said that the de-dollarization agenda is not a goal for some nations, but a reality. While the initiative took wings last year, it is now an ash-covered cinder that has taken a temporary refuge. Also Read: BRICS: Nobody Will Trust the US Dollar Again The temporary refuge to pause de-dollarization comes after US President Donald Trump threatened 100% tariffs on goods from BRICS countries. This led to many countries, especially India and Brazil dropping the de-dollarization ideals and embracing the US dollar. The backtracking comes from threats and not out of their own will. The main issue with developing countries was that the US was weaponizing the dollar for their benefit. Even former US Treasury Secretary Janet Yellen admitted that sanctions have led to de-dollarization. From pressing sanctions to ruining economies, the ...