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Showing posts from February, 2025

NFT Sales Fall+30% To $106M This Last Week Of February 2025

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The global non-fungible token market has continued to record negative growth this new year. For another week, the NFT market has plummeted in terms of trading sales volume and floor price values. In the past seven days, the NFT market has recorded a trading sales volume of $106 million, down 30% from the past week. In this article, we shall explore the full state of NFTs in the past seven days. NFT Sales Fall 30% In The Past 7 Days Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, shows that the NFT market has recorded negative gains again this week. In the past seven days, the global NFT market has attracted a trading sales volume of $106 million, down 30% from the past week. The global NFT market raised $115 million, down 11% from the previous week. Ethereum, the blockchain network renowned in the NFT market for powering most of the top NFTs, is the most-traded blockchain network in the NFT market...

US Economy: Trump's Tariff Spree Is Set To Create More Mayhem: Here's How

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Donald Trump has once again struck the market with a fresh spree of tariffs. The US president has levied 25% tariffs on the European Union, followed by deploying an additional 10% tariffs on China. Minutes after the aforementioned tariff announcement, the cryptocurrency market felt the aftereffects of it, with Bitcoin plunging below $80K price levels. Are Trump’s tariff spree ideations spelling trouble for the US economy? Let’s find out. Also Read: US Car Dealership Officially Accepts Pi Coin as New Payment Option Trump’s Tariff Strategy: A Blunder or a Boon? Source: LA Times Donald Trump is currently on an aggressive tariff spree. The 47th US president is currently busy imposing tariffs on nations, levying 25% and 10% tariffs on imports from the EU and China, respectively. Trump’s tariff decision had a massive global effect, with markets tumbling down due to the rising trade war fears. At the same time, Trump has also levied taxes on Mexico and Canada, sparking issues for US auto...

IMF approves El Salvador's $1.4B loan but imposes bitcoin restrictions

The International Monetary Fund’s (IMF) executive board approved a $1.4 billion loan with El Salvador on Wednesday that requires the bitcoin-centric state to scale back its involvement with the cryptocurrency.   The deal was initially struck last December and required the approval of the IMF board. Its goal is to strengthen El Salvador’s public finances, governance, and growth while addressing the risks of its “Bitcoin project.” The IMF’s Deputy Managing Director and Acting Chair, Nigel Clarke, said the program, “will confine government engagement in Bitcoin-related economic activities, as well as government transactions in and purchases of bitcoin.” "Globalism" has outmaneuvered Bukele and #Bitcoin.@IMFNews just granted El Salvador a $1.4B loan. In exchange, the Bukele administration agreed to reduce government involvement in #Bitcoin, including halting Bitcoin purchases. Defund @bitcoinofficesv https://t.co/5h26nsBqX6 pic.twitter.com/ux51GWsT5...

Nvidia (NVDA) to See Stellar Earnings, but Here's Why This Time is Different

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The stock market has been anxiously awaiting what’s to come from the Nvidia (NVDA) Q4 earnings report. Although it has suffered through a volatile start to the year, things are expected to turn around. With stellar data likely to come, there is no debating that this time is likely to be different for the AI chipmaker. Wednesday is the big day for the report, but Wall Street looks torn on what that could mean for the stock. The company is no stranger to positive earnings data that performs above expectations. In its last earnings report in November, it showcased a stunning year-over-year revenue increase of 206%. However, that expectation may be the problem. Source: CNBC Also Read: Nvidia (NVDA) Revenue to Grow 72%? Why Now’s The Time to Buy Nvidia Stock Expects Massive Q4 Earnings Once Again: Will The Stock Surge? There are few companies that have enjoyed the upward trajectory that Nvidia has. The AI chipmaker is in a win-win position in the burgeoning artificial intelligence sect...

Bitcoin Price Prediction: As BTC Drops Below $90K For The First Time Since November, Investors Flock To This ICO For Potential Bitcoin Airdrops

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The Bitcoin price slipped 3% in the last 24 hours to trade at $89,038.82 as of 9:56 p.m. EST as investors decrease their exposure to the crypto. The BTC price dropped below the $90K mark for the first time since Nov. 14, 2024, to reach a low of $87,629 during yesterday’s trading session. Bitcoin Price Reclaims A Support Level 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price was able to reclaim the support at $88,444.73 in the last couple of hours. Now, the leading crypto has the room needed to potentially rise to the major resistance at $90,884.93 if the bullish pressure persists. In an extreme case, BTC might even rise to as high as $93,904.24 in the short term. On the other hand, a sudden selloff could result in a drop below the aforementioned $88,444.73 mark. A drop below this recently-flipped level might expose the Bitcoin price to the risk of plunging all the way down to $85,971.15. Technicals Suggest Bulls Are Trying To Take Control Of The Bitcoin P...

Is It Too Late To Buy HYPE? Hyperliquid Price Pumps 14% And This Might Be The Next Crypto To Explode

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The Hyperliquid price jumped 14% in the last 24 hours to trade at $12.15 as of 12:29 a.m. EST on trading volume that skyrocketed 146% to $434 million. Hyperliquid Price Shows Bearish Momentum Near Key Fibonacci Support The HYPE price is experiencing a strong bearish trend, breaking below key Fibonacci levels. The Hyperliquid price chart shows a retracement from the $35.52 high, with price action now sitting around the 0.618 Fibonacci level ($19.79). This is a crucial support zone because the golden ratio (0.618) is often seen as a reversal point. However, a clear breakdown below this level increases the likelihood of testing the 0.786 level at $15.51. Additionally, the price of HYPE is trending below the 50-day Simple Moving Average (SMA) at $23.41, confirming that sellers are in control. The Relative Strength Index (RSI) at 33.75 is indicating increasing selling pressure, but being near 30 suggests a possible bounce. However, if the RSI dips below 30, it could signal further dow...

Sonic Price Prediction: S Surges 5% But Traders Buy This New Meme Coin Offering Free Bitcoin

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The Sonic price has surged 5% in the last 24 hours to trade at $0.8551 as of 7 a.m. EST on a 30% pump in trading volume to $384 million. Sonic Price Breaks Bearish Channel, Eyes Rally Toward $1.00 The S/USDT 45-minute chart shows the market structure, transitioning from a strong bullish rally to a period of consolidation within a bearish channel. Initially, the price surged upward, reflecting strong buying momentum, before facing resistance and retracing into a downward-sloping channel. However, the price shows signs of a potential breakout from the bearish channel, which could trigger a new upward movement. The current price is trading at $0.8561, with the support zone between $0.8145 and $0.8464, and the resistance zone near $1.00. The bearish channel formation, characterized by lower highs and lower lows, suggested a temporary decline in momentum. However, recent price action indicates buyers are stepping in, attempting to push the price out of this structure. Several buy (...

GME Ethereum partners up with Stocktwits

GME Ethereum (GME), a cryptocurrency and platform dedicated to promoting financial decentralization, has partnered up with Stocktwits, the social media platform for traders, investors, and market professionals, as reported to Finbold on Monday, February 24. Inspired by the 2021 GameStop (NYSE: GME) short squeeze, which led to GameStop shares skyrocketing by 179% over three days, GME Ethereum relies on blockchain transparency and security to promote financial autonomy. Promoting GME Ethereum visibility Trying to establish itself in the meme finance space and the crypto industry at large, GME Ethereum has joined forces with Stocktwits to help users track the meme coin’s price movements, monitor market sentiment, and partake in real-time discussions. Picks for you If you put $1,000 in Nancy Pelosi's 2025 stock purchases, here is your ...

Pi Network Price Prediction: PI Coin Pumps 80% To Top Trend On CoinMarketCap As Savvy Investors Buy This ICO For Safer Meme Coin Investing

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The Pi Network price pumped 80% in the last 24 hours to trade at $1.268 as of 08:49 p.m. on trading volume that skyrocketed 221% of $1.3 billion. The surge has made PI Coin the top trending major cryptocurrency on CoinMarketCap. Pi Network Price To Sustain The Bullish Trend Reversal The PI price chart reveals a strong downward move followed by a stabilization phase and a potential reversal. Initially, the Pi Network price saw a sharp drop, reaching a low of approximately $0.615, before gradually forming a rounded bottom pattern. This suggests that buyers have started stepping in at lower levels, leading to a gradual recovery. Recently, the price of Pi Network surged towards the 38.2% Fibonacci retracement level at $1.40, encountering resistance around this zone on the 30-minute timeframe. The chart indicates that the price of PI is attempting to reclaim lost ground, with the 61.8% level around $0.90 serving as a critical support. Additionally, a 50-day Simple Moving Average...

Most Viewed Cryptos on GeckoTerminal to Watch – KAITO, Grok 3, Reploy

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The highly anticipated KAITO token airdrop on Base has officially launched, drawing significant attention from the crypto community. However, users looking to claim their tokens must first pay a fixed fee of 0.0015 ETH (approximately $4.10). On-chain data shows that this fee has already generated 36 ETH ($98,800) and continues to rise.  While some speculate that this charge serves as a service fee for tokentable, the platform facilitating the airdrop, its impact on KAITO’s price remains a key point of discussion. Meanwhile, other tokens are rallying. Insidebitcoins has curated a list of the most viewed cryptos on GeckoTerminal to watch. Most Viewed Cryptos on GeckoTerminal to Watch The price of $KAITO has soared to $1.7015, reflecting a 38.39% increase over the past 24 hours. Meanwhile, Reploy’s native token, $RAI, is trading at $2.7202, marking a 20.84% rise within the same timeframe. Liquidity for $TTG remains well-distributed, reaching $320.7K across various trad...