Ethereum News Daily Official TheBitTimes.com

OpenSea, a non-fungible token marketplace once known as the market leader in the non-fungible token market, has returned to the top spot. In February, it emerged as the most-traded NFT marketplace in terms of users and trading sales volume. In the past 30 days, the OpenSea NFT marketplace has amassed a trading sales volume of over $211 million, taking 47.8% of the NFT market share. OpenSea Overtakes Blur In February 2025 Data compiled by nftpulse.org, a multi-chain non-fungible token collections explorer, shows that OpenSea was the most traded non-fungible token marketplace in February. From February 01 to March 01, the OpenSea NFT marketplace amassed a trading sales volume of $211 million, becoming the leading NFT marketplace in the NFT market. OpenSea has taken Blur, which took the lead in January 2025. Blur, another giant Ethereum-based non-fungible token marketplace, and OpenSea’s main market rival was the second most-traded in the global non-fungible token market in F...

This week regulators joined hands to highlight the crypto sector’s inherent risk, but pro traders fought back by adding leverage to their long positions. It’s possible that many people have already forgotten that Bitcoin’s (BTC) price closed 2022 at $16,529 and the recent rebound and rejection at the $25,000 level could raise concern among certain investors. Bears are pushing back at the $25,000 level and there has been multiple failed attempts at the level between Feb. 16 and Feb. 21. Currently, it looks like the $23,500 resistance is continuing to gain strength with every retest.  Pinpointing the rationale behind Bitcoin’s 45.5% year-to-date gain is not apparent, but part of it comes from the United States Federal Reserve’s inability to curb inflation while raising interest rates to its highest level in 15 years. The unintended consequence is higher government debt repayments and this adds further pressure to the budget deficit. It’s virtually impossible to predict when the Fed wil...