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Bitcoin Leverage Ratio Spike: Increased Liquidation Risks

Bitcoin Leverage Ratio Spike: Increased Liquidation Risks

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Bitcoin’s estimated leverage ratio (ELR) surged to its highest level since January 2023 on April 25th. This indicates that traders are using larger positions relative to their margin, potentially increasing the risk of liquidations. The ELR is calculated by dividing open interest by the number of coins on derivative exchanges. A rising ELR suggests elevated risk within the Bitcoin market.

FTX Seeks to Recover Millions in Missing Tokens from NFT Star and Delysium

FTX Seeks to Recover Millions in Missing Tokens from NFT Star and Delysium

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FTX, the bankrupt crypto exchange, is pursuing legal action against NFT marketplace NFT Star and AI platform Delysium to recover assets for its creditors. The lawsuits allege the companies failed to deliver tokens purchased under Simple Agreements for Future Tokens (SAFTs), a common fundraising mechanism in the crypto space. This is part of FTX’s broader effort to recoup funds following its collapse and return value to those impacted.

1inch Expands to Solana: Enhanced Swaps & Cross-Chain Potential

1inch Expands to Solana: Enhanced Swaps & Cross-Chain Potential

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1inch, a decentralized exchange aggregator, has launched on the Solana blockchain. This integration, announced at TOKEN2049 Dubai, allows users to perform on-chain swaps through the 1inch dApp and access six APIs. The move marks 1inch’s first major deployment of its Fusion protocol on Solana, paving the way for potential cross-chain swaps between Solana and other networks. The article highlights Solana’s significantly higher transaction processing compared to Ethereum, despite similar trading volumes.

BitMEX Offers Zero-Fee Bitcoin Spot Trading Until Bitcoin Reaches $100K

BitMEX Offers Zero-Fee Bitcoin Spot Trading Until Bitcoin Reaches $100K

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Cryptocurrency exchange BitMEX has announced the introduction of commission-free Bitcoin spot trading. This promotion will remain in effect until the price of Bitcoin hits $100,000. The move aims to attract more users to the platform and increase trading activity within the Bitcoin market.

Gitcoin Shifts Focus: Grants Program Prioritized, Software Division to Close

Gitcoin Shifts Focus: Grants Program Prioritized, Software Division to Close

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Gitcoin, a prominent Ethereum-based platform, is restructuring due to financial constraints and evolving Web3 landscapes. The platform is set to shut down its software division, Gitcoin Labs, by May 31, 2025. This decision reflects a strategic shift towards prioritizing its grants program, a move driven by profitability challenges and personnel changes. The specific reasons behind the restructuring, alongside the shifting focus, highlight the dynamic nature of the web3 space.

Digital Souvenirs: Blockchain's Impact on Memory Collection

Digital Souvenirs: Blockchain’s Impact on Memory Collection

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Digital souvenirs, primarily NFTs, are transforming how we collect and own memories. Built on blockchain technology using smart contracts and standards like ERC-721, they offer unique ownership, provenance, and security. Benefits include global accessibility, liquidity, and programmability. Examples like NBA Top Shot and Hadestown collectibles demonstrate their potential. The article explores the future of these digital assets and their integration with experiences.

Bitcoin ETF Demand Surges Following Price Increase, Reaching Record Inflows

Bitcoin ETF Demand Surges Following Price Increase, Reaching Record Inflows

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Spot Bitcoin ETFs experienced a dramatic turnaround, attracting over $3 billion in net inflows between April 21st and 25th. This surge in institutional investment marks a significant shift from previous weeks’ sluggish demand. The increased interest in Bitcoin ETFs is directly correlated with a recent price breakout, signaling growing confidence in the cryptocurrency market and potentially leading to record-breaking investment flows in 2025.

Bitcoin Mining Leans into Renewable Energy Sources, Report Shows

Bitcoin Mining Leans into Renewable Energy Sources, Report Shows

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A recent report from the Cambridge Centre for Alternative Finance indicates that over 50% of Bitcoin mining energy consumption comes from sustainable sources. This highlights a growing trend within the industry towards renewable energy. The report also notes increased diversification and innovation in operational metrics, suggesting a push for long-term resilience within the Bitcoin mining sector.

ProShares XRP Futures ETF Launch Delayed: What Investors Need to Know

ProShares XRP Futures ETF Launch Delayed: What Investors Need to Know

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ProShares’ planned XRP futures exchange-traded funds (ETFs) will not launch on April 30th, according to a statement from Bloomberg analyst James Seyffart. While the U.S. Securities and Exchange Commission (SEC) has approved the ETFs, a confirmed launch date is still pending. The article clarifies that despite the approval, the products will not be available for trading as previously anticipated, leaving investors awaiting further announcements.

TRON DAO Sponsors Harvard Blockchain Conference 2025: Supporting Emerging Talent

TRON DAO Sponsors Harvard Blockchain Conference 2025: Supporting Emerging Talent

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TRON DAO is the Platinum Sponsor of the Harvard Blockchain Conference 2025, organized by the Harvard Undergraduate Blockchain Club. The conference brought together 350 participants, including students and industry professionals. This sponsorship highlights TRON DAO’s commitment to fostering innovation and supporting the development of future leaders in the blockchain and AI sectors. The event provided a platform for networking and exploring advancements within the rapidly evolving digital asset space.