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2024-02-25 19:42:00 Weekly NFT Sales Surge 17% as Bitcoin Reclaims Second Spot

The NFT market continues its upward trajectory, with a whopping $306 million in sales this week. Ethereum dominates the scene, raking in $145.91 million, while Bitcoin makes a strong comeback with $70.96 million in sales.

Ethereum-based projects like Pandora and the Bored Ape Yacht Club fuel the surge, driving an impressive 8.58% increase from last week.

Bitcoin's rise is fueled by an astounding 83.9% surge in Uncategorized Ordinals, helping it regain its position as the second-highest in weekly sales volume.

While Solana sees a slight dip of 5.54%, other chains like Mythos and BNB experience double-digit growth, clocking over $7 million each.

Notable winners include the enchanting world of Pandora, leading with $35.34 million in sales, followed by the rising stars of Uncategorized Ordinals and the ever-popular Bored Ape Yacht Club.

The top-priced NFTs this week include Pandora #57023 at a staggering $1.55 million, Cryptopunk #3167 at $449,869, and Bored Ape #7616 at $330,633.

Beyond Ethereum and Bitcoin, platforms like Polygon, Avalanche, and even Cardano witness high-value NFT transactions, showcasing the growing diversity of the digital collectibles market. Open / Comment

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2024-02-22 18:57:02 Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend

Bitcoin (BTC) and Ethereum (ETH) took a slight hit, but it was the Solana (SOL) and XRP that really felt the sting with significant drops. However, amidst the sea of red, there were a few rising stars like Siacoin (SIA) and BNB that managed to shine.

Wednesday's trading day wasn't kind to everyone, with some coins like RON, AR, and OP experiencing notable declines. Over 50 digital currencies were caught in the downward spiral. But there were also some modest gains for tokens like FET, LEO, and even MANTA and SUI.

The market volatility led to over $206 million being wiped out in derivatives, mostly from long positions. Long bets worth $135.64 million and short positions worth $70.39 million were liquidated. The trading volume reached a whopping $95.579 billion, with stablecoins contributing a significant chunk.

Despite the ups and downs, most top ten stablecoins held their ground, except for TUSD, which deviated slightly from its peg. So while the market may have stumbled, it's clear that crypto is still full of surprises. Open / Comment

2024-02-19 20:45:23 Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations

Dormant Vaults Awaken: In a thrilling turn of events, the crypto world is witnessing a resurgence of long-forgotten bitcoin treasures. Over the past three days, 452.25 BTC worth a staggering $23.36 million have broken free from their slumber, making their first moves in years.

Time Traveling Transactions: The year 2024 has become a time machine for bitcoin, with addresses from 2010 to 2012 finally stretching their digital legs. But it's the post-2012 era that's really buzzing, as thousands of once-dormant wallets show signs of life.

Pricey Pockets: On February 15th, an address created in 2014 cashed out 106.76 BTC, originally worth a modest $91,706.84 but now commanding a princely sum of $5.5 million. And that's just the tip of the iceberg.

A Stirring Slumber: The next day, an address from 2013 woke up and spent 100 bitcoins, now valued at an eye-watering $5.16 million compared to their humble beginnings at $230 per coin.

Time Is Money: On February 17th, a wallet from way back in 2012 made its move, transferring 96 BTC that were once worth just over a thousand dollars but are now sitting pretty at a cool $4.95 million.

Strategic Moves: This flurry of activity isn't just happenstance; it's a calculated dance with market conditions. As bitcoin continues its ascent, these vintage spends offer insights into investor sentiment and future trends in the ever-evolving crypto landscape. Open / Comment

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2024-02-16 20:00:44 Onmi is not merely a game; it's the dawn of a new age in blockchain gaming for 2024, introducing the industry's first non-Ponzi, play-to-earn (P2E) game that genuinely blends immersive gameplay with real-world experiences. As the pioneer game of its kind, Onmi stands on the cusp of a potential trillion-dollar market capitalization, already boasting partnerships with actual brands from the French Fashion Week and notable artists.

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2024-02-16 17:54:01 Pro-Crypto US Attorney Considers Challenging Elizabeth Warren in Massachusetts Senate Race

Pro-Crypto U.S. Lawyer to Decide in Coming Days
In a surprising twist, pro-crypto U.S. lawyer John Deaton is contemplating a run against Massachusetts Senator Elizabeth Warren. Political strategist Jim Conroy suggests that Deaton's decision is imminent, adding suspense to the upcoming Senate race.

A New Dynamic in the Making?
Warren, known for her criticism of the crypto industry, might face an unexpected opponent. The race for the Senate seat was once considered uneventful, but Deaton's potential candidacy could shake things up.

Crypto Lobby Buzzes with Anticipation
The U.S. crypto lobby, often targeted by Warren's anti-crypto rhetoric, is abuzz with excitement over Deaton's possible challenge. With her controversial stance on crypto and attempts to link it to terror funding, Warren has sparked opposition within the industry.

Republicans Seek a Strong Contender
Warren's relentless attacks have spurred the crypto industry to rally behind pro-crypto candidates. A Political Action Committee supporting such contenders has already amassed an impressive $78 million in funds.

Deaton: A Ripple in the SEC's Waters
Deaton's clash with the SEC over Ripple Labs and his advocacy for sensible crypto regulations have earned him attention beyond social media platforms. He brings a unique perspective to the race.

Can Warren Be Defeated?
While Warren may be favored for re-election, Republicans are determined to find a formidable challenger who can shift the focus from fundraising to her political survival. The battle for Massachusetts just got more interesting. Open / Comment

2024-02-13 19:58:02 Vitalik Buterin's Bold Advice: Security Questions to Combat Deepfake Threats

Ethereum's co-founder, Vitalik Buterin, has a unique take on countering the rising menace of deepfake technology. In the wake of a $25 million heist orchestrated using AI-generated impersonations, Buterin suggests a refreshingly human-centric approach.

Deepfakes have come a long way, evolving from laughably obvious to eerily convincing. To stay ahead, Buterin advocates for security questions that tap into our natural knack for remembering personal details. It's about leveraging our human strengths against artificial trickery.

The key lies in combining these questions with additional layers of protection. Think pre-agreed code words and even a secret "duress key" to signal distress in compromised situations. It's all about staying one step ahead of the game.

When it comes to transactions, Buterin urges caution by introducing delays for irreversible actions. This gives us time to double-check and prevent costly mistakes in this brave new world of deepfakes.

While the threat is real, Buterin remains optimistic. By adapting our strategies and embracing these proactive measures, he assures us that staying secure is still very much within our grasp.

In the era of deepfakes, let's not forget to ask ourselves the right questions – because security matters now more than ever. Open / Comment