[ad_1] Changpeng Zhao conducted a 24.7 leveraged long trade on Mubarak to test for MEV issues, triggering a surge in the token’s price. On Mar. 23, Binance founder and former CEO opened a 24.7x leveraged long position on Mubarak (MUBARAK) with 0.04 BNB as collateral on APX Finance. The transaction was reported on X by on-chain analyst ai_9684xtpa, to which CZ replied “Doing a little on-chain testing on Sunday, as usual. Nothing to be excited about.” Despite CZ’s downplaying, ai_9684xtpa reported that in the 7 minutes since opening the position, APX (APX) surged by 26%, from $0.64 to $0.081, while…
Author: NBTC
[ad_1] The past couple of weeks have been tumultuous in the digital asset market as investors’ portfolios recorded sharp price dips and substantial losses. The altcoin space took the most beating, with the global market cap experiencing one of its biggest devaluations on record. Last week, Bitcoin investors endured what Glassnode called an intense whipsaw in price action. The leading digital asset saw its price initially fall as low as $93k, after which it recovered briefly and rallied to $102k. Now, it is trading closer to $95k. 14-day Bitcoin price chart, since January 29. Source: Glassnode The realized losses recorded…
[ad_1] 1inch’s investment fund is offloading portions of its crypto holdings despite a recent market rebound, signaling a strategic effort to cut losses and hedge against further potential downside. According on-chain monitoring X account EmberCN, the 1inch team’s investment fund recently sold 37.9 Wrapped Bitcoin (WBTC) at $86,578 each, totaling about $3.28 million, and 511 Ethereum (ETH) at $2,072 each, amounting to around $1.05 million. EmberCN revealed that from Feb. 2 to March 10, the fund spent a total of $44.22 million on WBTC, ETH, and 1INCH. This included purchasing 11,198 ETH for a total of about $28.85 million at…
[ad_1] The BCH Bliss 2025 conference is set for May 13-15 this year, seeing devs, users, and supporters of all backgrounds ready to converge on Ljubljana, Slovenia to talk developments on Bitcoin Cash. Though the cryptosphere at large has been inundated with politics as of late (with resultant meager coverage of tech), several important smart contract upgrades to the Bitcoin Cash network are set to go live in May. Bitcoin Cash supporters have been busy buying up so-called “Velma” non-fungible tokens (NFTs) this year, in order to attend the the BCH Bliss 2025 conference, in Ljubljana, Slovenia. The name “Velma”…
[ad_1] Immutable, a prominent blockchain ecosystem to improve Web3 gaming, has announced an exclusive development concerning the Perpetual Rewards program. As per Immutable, the platform is unveiling Perpetual Rewards program’s beta version to accelerate the Web3 gaming landscape’s overall growth. The initiative promises to reward gamers along with offering sustainability. Immutable is launching the beta version of the Perpetual Rewards program for real gamers.We are committed to allowing Web3 games to reward gamers through a fun and sustainable product.More information on how you can prepare for launch 🧵 — Immutable (@Immutable) March 24, 2025 Immutable’s Launch Beta for Perpetual Rewards…
[ad_1] Abu Dhabi Global Market has signed a Memorandum of Understanding with Chainlink to explore blockchain regulation, tokenization, and emerging technologies. The agreement will support blockchain projects registered with Abu Dhabi Global Market by providing access to Chainlink’s infrastructure and expertise. It also includes plans for educational events on topics like cross-chain interoperability and proof of reserves. The partnership aims to set regulatory standards for blockchain and artificial intelligence. This could help establish rules for how digital assets are created, transferred, and managed while ensuring compliance with financial regulations. Abu Dhabi Global Market is an international financial center in the…
[ad_1] Bitcoin is showing the same price movement seen in past market cycles. The RSI indicator is near a key level that may decide the next move. Traders are unsure if Bitcoin will break higher or see a sharp fall. Bitcoin’s price action is once again drawing parallels to previous cycles, sparking debate on whether history is repeating itself. Crypto analyst Tony has highlighted a striking resemblance between the current BTC price structure and past market behavior, suggesting that Bitcoin’s ongoing price movement may follow an established pattern. At the time of analysis, BTC is trading at $96,678, showing a…
[ad_1] Decentralized finance (DeFi) protocols have shown continued shifts in total value locked (TVL) because multiple projects achieved substantial weekly growth. QuickSwap ($QUICK) achieved the highest growth rate in the market after its TVL increased by 237% based on updated data. TOP PROJECTS BY WEEKLY #TVL GROWTH$QUICK $ALPHA $NOTE $THL $ZERO $DF $AERO $EUL $MGP $INV $ICHI $CRV $T $YFI $EIGEN pic.twitter.com/AVmbPaWZR1 — PHOENIX – Crypto News & Analytics (@pnxgrp) March 23, 2025 According to the recent data from Phoenix group TVL on QuickSwap surged to $120.6 million for the most prominent weekly surge. Alpha ($ALPHA) and Note ($NOTE) demonstrated…
[ad_1] Pi Network’s mainnet launches on February 20, 2025, after multiple delays from 2024. Over 19 million Pioneers completed KYC, with 10.14 million migrating to the mainnet. Pi Coin’s price surged 80% to $92 following the mainnet launch announcement. After multiple delays of the Pi network mainnet launch from 2024 to now 2025, the wait is finally overa. The core team has officially announced that the Tap to Earn Pi Coin Network will launch on February 20, 2025, at 8 AM UTC. The announcement has stirred excitement in the network with Pi coin surging to $92. Finally, Pi Mainnet To…
[ad_1] This is a segment from The Drop newsletter. To read full editions, subscribe. Star Atlas, an ambitious sci-fi interplanetary MMORPG, has made strides toward its full launch since its white paper released back in 2021. Right now, there’s a web-based game known as SAGE (Star Atlas Golden Era) that’s available until the full, immersive 3D main game launches. In a broader crypto market where quick hype cycles can dominate narratives, it can be difficult for a game with a longer development timeline to retain interest — and stay financially afloat. Michael Wagner, CEO and co-founder of Star Atlas, tells…