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Monday, April 28, 2025

Blockchain
Top Metaverse Stocks To Follow Now – April 25th
Top Metaverse Stocks To Follow Now – April 25th
By MarketBeat News

Here's a concise summary of the article: The top 5 Metaverse stocks to watch are NVIDIA, Accenture, Globant, SK Telecom, and Everbright Digital. These companies had the highest dollar trading volume in the last few days. - NVIDIA provides graphics and compute solutions, with a market capitalization of $2.72 trillion and a P/E ratio of 43.72. - Accenture offers strategy and consulting services, with a market cap of $183.71 billion and a P/E ratio of 24.58. - Globant provides technology services, including digital solutions and enterprise technology solutions, with a market cap of $5.27 billion and a P/E ratio of 32.18. - SK Telecom offers wireless telecommunication services in South Korea, with a market cap of $8.84 billion and a P/E ratio of 9.16. - Everbright Digital is an integrated marketing solutions provider involved in the metaverse, with a 12-month low of $3.54 and a 12-month high of $4.99. These stocks showed varying trading performances on Friday, with NVIDIA and Accenture trading up, while SK Telecom and Everbright Digital traded down.

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Argo Blockchain (ARBK) Projected to Post Quarterly Earnings on Tuesday
Argo Blockchain (ARBK) Projected to Post Quarterly Earnings on Tuesday

April 27, 2025 • By MarketBeat News

Argo Blockchain (ARBK) is expected to release its Q4 2024 earnings on April 29th, with analysts predicting a loss of $0.14 per share. The stock opened at $0.40 on Friday, with a 50-day moving average of $0.38 and a 200-day moving average of $0.67. Argo Blockchain has a market cap of $28.47 million and a beta of 2.00. The company engages in bitcoin and cryptocurrency mining worldwide. Keefe, Bruyette & Woods recently initiated coverage with an "underperform" rating.

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Traders Purchase High Volume of Call Options on Core Scientific (NASDAQ:CORZ)
Traders Purchase High Volume of Call Options on Core Scientific (NASDAQ:CORZ)

April 27, 2025 • By MarketBeat News

Core Scientific, Inc. (NASDAQ:CORZ) saw a significant increase in options trading on Friday, with 225,171 call options acquired, representing a 241% increase from the average volume. Director Jordan Levy bought 62,500 shares at $8.01 per share, increasing his position by 25.57%. In contrast, Director Todd A. Becker sold 134,250 shares at $10.75 per share, decreasing his position by 40.69%. Several institutional investors, including FMR LLC and Vanguard Group Inc., have recently increased their stakes in the company. Core Scientific reported a quarterly earnings per share of ($0.01), beating analyst estimates, and had revenue of $94.93 million. The company has a market cap of $2.45 billion and a 52-week low of $2.88.

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Analysts Set Converge Technology Solutions Corp. (TSE:CTS) Target Price at C$16.63
Analysts Set Converge Technology Solutions Corp. (TSE:CTS) Target Price at C$16.63

April 27, 2025 • By MarketBeat News

Converge Technology Solutions Corp. (TSE:CTS) has been given a consensus rating of "Hold" by nine ratings firms. One analyst has a sell rating, six have a hold rating, and two have a strong buy rating. The average 1-year target price is C$16.63. Several analysts have updated their coverage, with some raising their target prices and others lowering them. The company provides hybrid IT infrastructure solutions and services in the US and addresses business and IT issues for public and private organizations.

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US crypto rules like 'floor is lava' game without lights — Hester Peirce
US crypto rules like 'floor is lava' game without lights — Hester Peirce

April 27, 2025 • By Cointelegraph by Ciaran Lyons

SEC Commissioner Hester Peirce compared US crypto rules to the game "floor is lava" without lights, where firms must navigate unclear regulations. Peirce stated that SEC registrants have to "hop from one poorly illuminated regulatory space to the next" to engage in crypto activities without directly holding crypto assets due to unclear rules. She emphasized the need for clear regulations, saying "it's time that we find a way to end this game" and establish a framework for crypto assets. Commissioner Mark Uyeda also highlighted the importance of access to custodial options that meet regulatory requirements. Newly sworn-in SEC Chair Paul Atkins expressed expectations of "huge benefits" from blockchain technology and plans to facilitate clear regulatory rules for digital assets.

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Bitcoin Price Surges Past $95,000 — Analyst Discusses The Real Drivers
Bitcoin Price Surges Past $95,000 — Analyst Discusses The Real Drivers

April 27, 2025 • By Opeyemi Sule

The Bitcoin price has been rising, breaking above $90,000 and reaching $95,000. On-chain analyst IT Tech analyzed the recent rally, identifying catalysts such as a rotation of capital and increased activity from short-term holders. Data shows that short-term holders have increased their balance by 19% in the past 30 days, while long-term holders have stopped selling, removing overhead pressure. IT Tech warns that the dominance of short-term holders could lead to high volatility, but believes the Bitcoin price has yet to reach its local top, currently valued at around $95,210.

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Trump-backed crypto venture partners with Pakistan Crypto Council to boost blockchain adoption
Trump-backed crypto venture partners with Pakistan Crypto Council to boost blockchain adoption

April 27, 2025 • By PTI

The article discusses various topics, including a terrorist attack in Pahalgam, India's plans regarding the Indus River, and the impact on Kashmir air travel. India is reevaluating the Indus Treaty, considering short, mid, and long-term plans for the Indus River. Pakistani Prime Minister Shehbaz Sharif has dismissed India's stance as a "worn-out narrative." The article also touches on other topics, such as the electric vehicle industry, tariff pauses, and digital currency initiatives.

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Trump’s top memecoin holders’ dinner is an “impeachable offense,” says Sen. Ossoff
Trump’s top memecoin holders’ dinner is an “impeachable offense,” says Sen. Ossoff

April 27, 2025 • By Monika Ghosh

US Senator Jon Ossoff has accused President Donald Trump of committing an "impeachable offense" by inviting top holders of his memecoin to a gala dinner. The dinner, scheduled for May 22, is seen as a way for Trump to personally gain from increased trading of his memecoin, raising legal and ethical concerns. Ossoff argues that Trump is "selling access" to himself in exchange for payments made directly to him through the memecoin. The senator is working to secure votes for impeachment, but it's a challenging task with Republicans controlling the Senate. The memecoin, launched on January 17, has raised concerns about conflict of interest and corruption, with many criticizing Trump's actions as a blatant attempt to profit from his position.

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DePIN Altcoin Outpaces Crypto Market and Skyrockets by Nearly 44% Following High-Profile Exchange Listing
DePIN Altcoin Outpaces Crypto Market and Skyrockets by Nearly 44% Following High-Profile Exchange Listing

April 27, 2025 • By Daily Hodl Staff

The XYO token, associated with the XYO Network, a decentralized physical infrastructure network (DePIN) project, surged by nearly 44% after being listed on the South Korean crypto exchange Bithumb. The XYO Network aims to process decentralized data, utilizing a network and protocol for aggregating, verifying, and organizing data. The project is migrating to a new layer-1 chain and introducing a new token, XL1, to operate alongside the original XYO token, which will remain on Ethereum. As a result, XYO's price has increased by over 71% in the past week, currently trading at $0.0154.

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Bitcoin Coinbase Premium Gap Remains In Positive  Zone — What This Means For Price
Bitcoin Coinbase Premium Gap Remains In Positive  Zone — What This Means For Price

April 26, 2025 • By Opeyemi Sule

The price of Bitcoin has surged over 13% in the past week, reaching above $95,000 for the first time since February. On-chain data suggests a positive investor sentiment, potentially indicating a bull run. The Coinbase Premium Gap, which tracks the difference between Bitcoin prices on Coinbase and Binance, has remained positive for over 265 hours, historically correlated with positive price action and accumulation phases. This could sustain Bitcoin's bullish momentum and catalyze the next significant breakout.

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XRP News: XploraDEX $XPL Presale Nears Completion as Final Countdown 48 Hours Begins
XRP News: XploraDEX $XPL Presale Nears Completion as Final Countdown 48 Hours Begins

April 26, 2025 • By XploraDEX

The XploraDEX $XPL presale is nearing its end, with only 48 hours left. This decentralized exchange is built on the XRP Ledger and features AI-powered trading automation and real-time predictive analytics. Investors are excited about the opportunity to purchase $XPL tokens before they are listed on exchanges at a higher valuation. The presale's end marks the beginning of a new era for DeFi on the XRP Ledger, with $XPL tokens ready to stake, trade, and vote. Interested investors can secure their tokens now, but time is limited.

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Richard Heart Wins Complete Dismissal of all Claims Brought Against Him by the U.S. SEC
Richard Heart Wins Complete Dismissal of all Claims Brought Against Him by the U.S. SEC

April 26, 2025 • By PR DESK

A US court has dismissed all claims against Richard Heart, a serial entrepreneur and founder of crypto products HEX, PulseChain, and PulseX. The SEC had filed a lawsuit in July 2023, accusing Heart of raising over $1 billion through unregistered offerings and spending millions on personal luxuries. However, Judge Carol Bagley Amon ruled that the SEC lacked jurisdiction and that the offerings were not targeted at the US. The court also found no substantial connection to domestic securities transactions, as the tokens were not sold on US exchanges and there was no direct marketing to US investors. The SEC has confirmed it will not amend or refile its complaint, allowing the dismissal to stand and formally closing the case without finding any wrongdoing. This ruling is seen as a landmark win for cryptocurrency and open-source innovation, and a decisive blow to the SEC's crypto enforcement strategy.

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