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HYPE, SUI Lead Altcoin Losses as Ethereum Dips Under $4,300
HYPE, SUI Lead Altcoin Losses as Ethereum Dips Under $4,300

Yahoo

timea day ago

  • Business
  • Yahoo

HYPE, SUI Lead Altcoin Losses as Ethereum Dips Under $4,300

Ethereum's slip below $4,300 set off a chain reaction across crypto markets Monday morning, wiping out more than $487 million in long positions and leaving altcoins bleeding. Hyperliquid (HYPE) plummeted 8.7% to $43.38 while Sui (SUI) crashed 7.3% to $3.55, leading a brutal selloff across altcoins. Ethereum (ETH) shed 5.4%, Solana (SOL) tumbled 5.6%, and Cardano (ADA) declined 6.2%, according to CoinGecko data. XRP (XRP) fell 4.5%, Stellar (XLM) dropped 5.4%, and Dogecoin (DOGE) retreated 4.6% in the last 24 hours. 'This looks like a fairly natural pullback after the strong run many cryptocurrencies had seen in recent weeks, with liquidations amplifying the downside across the market,' Nansen analyst Nicolai Sondergaard told Decrypt. 'Since altcoins tend to react more sharply during these periods, tokens like HYPE and SUI experienced even steeper declines,' Sondergaard noted, pointing out that Bitcoin's sell-off triggered the declines. Traders brace for Jackson Hole meeting The liquidation cascade comes ahead of Thursday's Jackson Hole symposium, with QCP Capital analysts sharing in their latest report how "some traders believe that the overnight washout reflects de‑risking ahead of the symposium," where Fed Chair Jerome Powell takes the stage. Held each August in Jackson Hole, Wyoming, the symposium gathers the Fed, global central bankers, and policymakers. QCP analysts added that "BTC funding rates had been warning of trouble" with rates turning negative by Saturday despite spot prices rising over the weekend. "The U.S. PPI came in higher than expected, forcing markets to quickly scale back September rate-cut bets that earlier signs of labor market softness had elevated," Dan Chen, analyst at crypto exchange Bitunix, told Decrypt. Chen called the selloff "a corrective pullback within an uptrend" and said the market may consolidate through Jackson Hole if Ethereum "can hold support near $4,150" before resuming its advance. However, he warned that "a breakdown risks further cascading liquidations with downside targets in the $3.9k–$3.6k range, where altcoins—especially HYPE and SUI—are likely to stay relatively weaker." Billions in Ethereum Waiting to Be Unstaked Could Add Sell Pressure to ETH: Analyst Some 75% of Ethereum's $206.79 million in liquidations in the last 24 hours came from long positions, totaling more than $180.52 million, according to CoinGlass data. "The mounting queue of soon-to-be-unstaked ETH could be driving the asset's recent retracement," Juan Leon, Bitwise Senior Investment Strategist, previously told Decrypt.

Alisha Lehmann loses title of ‘world's most beautiful footballer' as stunning pics of Sweden's Alice Sondergaard emerge
Alisha Lehmann loses title of ‘world's most beautiful footballer' as stunning pics of Sweden's Alice Sondergaard emerge

Scottish Sun

time26-07-2025

  • Entertainment
  • Scottish Sun

Alisha Lehmann loses title of ‘world's most beautiful footballer' as stunning pics of Sweden's Alice Sondergaard emerge

ALISHA LEHMANN has lost the title of being the "world's most beautiful footballer". The Swiss ace had a huge following of 17million followers on Instagram. 12 Alisha Lehmann has been unseated as the world's most beautiful footballer Credit: Reuters 12 Fans have fallen head over heels for Alice Sondergaard Credit: INSTAGRAM @alicesondergaard 12 She has recently joined Geona Credit: INSTAGRAM @genoacfcwomen 12 She already has over 50,000 followers Credit: INSTAGRAM @alicesondergaard Lehmann, 26, was often hailed by fans for her stunning looks while on the pitch. However, a new star has taken her mantle as fans have fallen for Swedish striker Alice Sondergaard. The star is already making waves in the footballing world, having signed for Italian outfit Genoa. Sondergaard, 22, has already represented Sweden as she received her first call-up when she was just 15. However, she did not make the cut for Peter Gerhardsson's final squad for the Euros this summer. She will now be hoping to help Geona remain in Serie A Women's after the team earned promotion to Italy's top-flight for the first time in their history. She has signed a contract with the Liguria club that will run until 2027. Genoa announced her signing on Instagram with a selection of pictures of Sondergaard wearing the club shirt. And fans were left besotted by her dazzling beauty as they flooded the comment section. One posted: "It's official, the most beautiful footballer alive." Alisha Lehmann poses with an ALIEN in bizarre NASA-themed adidas shoot alongside Juventus star boyfriend Douglas Luiz A second wrote: "Always been a Genoa fan." A third commented: "Beautiful and talented." A fourth said: "All of a sudden I am a Genoa fan." Another added: "She is beautiful damn." Sondergaard already boasts 58.8k followers on Instagram, where she regularly posts action snaps and updates from outside of football. 12 Sondergaard stunned in this black dress Credit: INSTAGRAM @alicesondergaard 12 She has encouraged people to start supporting Genoa Credit: INSTAGRAM @alicesondergaard 12 She will face Lehmann this season on the pitch Credit: INSTAGRAM @alicesondergaard 12 She previously played for Bologna, Hellas Verona and Sampdoria Credit: INSTAGRAM @alicesondergaard When not on the pitch, she can be found wearing stunning outfits and enjoying the weather. She has also played for both Sampdoria and Hellas Verona during her time in Italy. Her first club was BK Hacken FF in her homeland of Sweden. Sondergaard and Geona will start their journey in Serie A against AC Milan. She will not have to wait long to face Lehmann on the pitch as Genoa will take on Juventus on November 11 in their sixth game of the season. 12 Sondergaard has signed a contract with Bologna until 2027 Credit: INSTAGRAM @genoacfcwomen 12 She will want to help the club stay in Serie A Women's Credit: INSTAGRAM @genoacfcwomen 12 She plays as a forward Credit: INSTAGRAM @genoacfcwomen

Alisha Lehmann loses title of ‘world's most beautiful footballer' as stunning pics of Sweden's Alice Sondergaard emerge
Alisha Lehmann loses title of ‘world's most beautiful footballer' as stunning pics of Sweden's Alice Sondergaard emerge

The Irish Sun

time26-07-2025

  • Entertainment
  • The Irish Sun

Alisha Lehmann loses title of ‘world's most beautiful footballer' as stunning pics of Sweden's Alice Sondergaard emerge

ALISHA LEHMANN has lost the title of being the "world's most beautiful footballer". The Swiss ace had a huge following of 17million followers on Instagram. 12 Alisha Lehmann has been unseated as the world's most beautiful footballer Credit: Reuters 12 Fans have fallen head over heels for Alice Sondergaard Credit: INSTAGRAM @alicesondergaard 12 She has recently joined Geona Credit: INSTAGRAM @genoacfcwomen 12 She already has over 50,000 followers Credit: INSTAGRAM @alicesondergaard However, a new star has taken her mantle as fans have fallen for Swedish striker Alice Sondergaard. The star is already making waves in the footballing world, having signed for Italian outfit Genoa. Sondergaard, 22, has already represented READ MORE ON FOOTBALL However, she did not make the cut for Peter Gerhardsson's final squad for the Euros this summer. She will now be hoping to help Geona remain in Serie A Women's after the team earned promotion to She has signed a contract with the Liguria club that will run until 2027. Genoa announced her signing on Instagram with a selection of pictures of Sondergaard wearing the club shirt. Most read in Football And fans were left besotted by her dazzling beauty as they flooded the comment section. One posted: "It's official, the most beautiful footballer alive." Alisha Lehmann poses with an ALIEN in bizarre NASA-themed adidas shoot alongside Juventus star boyfriend Douglas Luiz A second wrote: "Always been a Genoa fan." A third commented: "Beautiful and talented." A fourth said: "All of a sudden I am a Genoa fan." Another added: "She is beautiful damn." Sondergaard already boasts 58.8k followers on Instagram, where she regularly posts action snaps and updates from outside of football. 12 Sondergaard stunned in this black dress Credit: INSTAGRAM @alicesondergaard 12 She has encouraged people to start supporting Genoa Credit: INSTAGRAM @alicesondergaard 12 She will face Lehmann this season on the pitch Credit: INSTAGRAM @alicesondergaard 12 She previously played for Bologna, Hellas Verona and Sampdoria Credit: INSTAGRAM @alicesondergaard When not on the pitch, she can be found wearing stunning outfits and enjoying the weather. She has also played for both Sampdoria and Hellas Verona during her time in Italy. Her first club was BK Hacken FF in her homeland of Sweden. Sondergaard and Geona will start their journey in Serie A against She will not have to wait long to face Lehmann on the pitch as Genoa will take on 12 Sondergaard has signed a contract with Bologna until 2027 Credit: INSTAGRAM @genoacfcwomen 12 She will want to help the club stay in Serie A Women's Credit: INSTAGRAM @genoacfcwomen 12 She plays as a forward Credit: INSTAGRAM @genoacfcwomen 12 BK Hacken FF was her first club Credit: Getty

Whatever happened to NFTs?
Whatever happened to NFTs?

Yahoo

time27-06-2025

  • Entertainment
  • Yahoo

Whatever happened to NFTs?

In 2021, NFTs were everywhere, from pixelated punks to bored apes, they dominated headlines and drew billions in investment. By 2022, celebrities and brands were all in, buying JPEGs on the Ethereum network and even hyping metaverse real estate. But by June 2025, the hype has all but vanished. Floor prices have collapsed, trading volumes have plunged, and the NFT market is now a shadow of its former self. So, what happened to NFTs? Read more: Crypto live prices Yahoo Finance UK sat down with Nansen Research Analyst Nicolai Sondergaard, to find out whether the market is dead, what lessons were learned, and if NFTs left anything of real value behind. NFTs, or non-fungible tokens, are unique digital assets stored on the blockchain, which signify ownership or authenticity of a specific item. They differ from cryptocurrencies like bitcoin (BTC-USD) in that they are indivisible and irreplaceable. Their uniqueness gave them value, especially in the world of digital art, music, collectibles, and gaming. Read more: Bored Ape Bar – Inside the $100,000 membership exclusive NFT club in London With the NFT boom, a new digital creator economy briefly flourished. Artists tokenised their work. Musicians experimented with fan-owned tracks. Enthusiasts traded memes. What began as a niche use of blockchain technology quickly turned into a global cultural movement, but also a speculative bubble. "Instead of being used for the potential that NFTs still have, they became memeified and, as such, were instruments for speculation," Sondergaard said. "This is the reason why many, to this day, still do not touch NFTs, they only see and remember the people that got rich quick and the ones that got burned." The collapse has been dramatic. According to analysis reported by NFT Evening, around 96% of NFT collections are now considered 'dead', meaning they show no trading activity, sales, or community engagement. For context, only 30% were considered inactive back in 2023, highlighting just how steep the decline has been. New NFT mints continue to fall month after month. As NFT Evening also reports, weekly trading volume on Ethereum-based marketplaces stands at around $90m, a fraction of the multi-billion-dollar peaks seen in 2021–2022. So, what caused the NFT craze to fizzle out so rapidly, and what does it reveal about how investors engage with hype-fueled technologies? According to Nicolai Sondergaard, the downfall wasn't due to a flaw in the underlying tech, but rather how it was used. 'They became memeified… traded for pure speculation. Many were fully unaware of what NFTs could be used for aside from minting a collection of pixels," Sondergaard said. The pattern reflects a broader trend in tech cycles that when the narrative is louder than the utility, markets can inflate quickly, and pop just as fast. Sondergaard said this dynamic created a lasting stigma: a tale of fast money, rug pulls, and disillusioned investors, as many people associate NFTs with overpriced monkey pictures and not with any meaningful utility. However, are any industries quietly using NFT technology today in ways the public might not notice, or has the entire concept has been shelved? Sondergaard pointed to several real-world use cases that continue to grow beneath the surface. For example, some communities like Bytexplorers use NFTs as gated passes to forums and events. 'Usually minting these NFTs is cheap, and ensures that people that are really interested join,' he explained. In real estate, platforms such as Propy enable people to buy property using NFTs, putting legal documents on-chain for transparent and secure transactions. The gaming industry, while still in its infancy with NFTs, is experimenting by granting players ownership of in-game items like skins, a move that reflects the thriving secondary markets for virtual goods in games like Counter-Strike. Additionally, in brand engagement, Adidas ( has leveraged NFTs to offer holders discounts and exclusive merchandise, creating new ways to connect with customers. Meanwhile, the music industry uses NFTs to streamline royalty payments, allowing artists to get paid more transparently while enabling fans to truly own music tracks. 'There are a few different real-world use cases that are still going today,' Sondergaard said. 'These don't make headlines, but they represent the core utility NFTs always had, verifiable, programmable digital ownership.' While Ethereum remains the dominant blockchain for NFTs, activity has shifted. According to a16z's State of Crypto 2024 report, the trend is moving away from high-volume secondary trading and toward 'low-cost social collecting experiences.' Two Ethereum Layer 2 networks, Base, from Coinbase (COIN), and Zora, are now seeing an increase NFT minting activity. Base, in particular, has averaged over one million daily active transacting addresses since late 2024. NFTs, as a market, are unquestionably in decline. But the underlying technology, the concept of unique digital ownership, continues to evolve and embed itself quietly into products and platforms. 'Ultimately,' Sondergaard said, 'when considering NFTs there is a need to distinguish memetic NFTs, which are traded for the pure purpose of profit, and the ones used to facilitate something else.' Read more: Why pension funds are buying bitcoin What we know about Elon Musk's controversial blockchain vision for US How AI could change the internetError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Study shows mercury levels in arctic wildlife could rise for centuries
Study shows mercury levels in arctic wildlife could rise for centuries

Straits Times

time14-06-2025

  • Science
  • Straits Times

Study shows mercury levels in arctic wildlife could rise for centuries

Previous research has shown that mercury can persist in oceans for more than 300 years. PHOTO: AFP Levels of mercury in Arctic wildlife could continue to rise significantly even as countries curb their emissions, a new study suggests. Researchers analysed more than 700 samples of fish, mammals and peat collected across Greenland over the past 40 years and found evidence that the mercury in them was distributed by ocean currents. The finding, published this week in the journal Nature Communications, helps explain why levels of mercury contamination have continued increasing in the Arctic even as global emissions have begun to plateau. 'We got a lot of surprises when we analysed the data,' said Dr Jens Sondergaard, a senior ecological science researcher at Aarhus University in Denmark and lead author of the study. 'It's a really striking trend.' Exposure to high concentrations of mercury, a potent neurotoxin, can lead to neurological and other health-related effects and the study confirms that mercury emitted today could continue posing a large threat to humans and wildlife in the region for centuries. By analysing mercury isotopes, a unique kind of chemical signature that can be matched like a fingerprint, the researchers traced the spread of mercury contamination to the patterns of ocean currents around Greenland. Previous research has shown that mercury can persist in oceans for more than 300 years. The results indicate that large, century-old stores of mercury in the ocean could actually be the dominant means by which the element proliferates through marine ecosystems in the Arctic, Dr Sondergaard said. This poses a problem for people who live in the region, particularly Inuit communities that hunt large marine mammals with high concentrations of mercury, like seals. 'It's a quite unique situation. This population that ought to be, you know, in a clean environment, has some of the highest concentrations,' said Professor Rune Dietz, a professor at Aarhus University and a co-author of the study. Mercury is primarily spread through the environment by human activities such as burning coal or mining heavy minerals, like gold. According to a 2023 estimate by researchers at the Harvard School of Engineering and Applied Sciences, atmospheric mercury concentrations have risen nearly sevenfold since the 1500s. Mercury emissions in North America and Europe began falling in the 1970s, following the enactment of a series of environmental regulations like the Clean Air Act. Other countries with high levels of pollution, like China and India, began curbing their emissions a little more than a decade ago, after signing a global agreement known as the Minamata Convention. Earlier this week, the Environmental Protection Agency began moving to loosen limits on mercury emissions, along with those on other pollutants, from power plants. There is no known safe level of methylmercury, the toxic form of mercury that can form in aquatic environments. In high bodily concentrations it can cause neurological problems, kidney damage and affect fetuses in the womb. Despite hosting almost no mercury-producing industries, the Arctic has become a hot spot of contamination, in part because of the natural pattern of the Earth's atmosphere and oceans, which tend to circulate pollutants toward higher latitudes. Large predators that eat significant amounts of contaminated prey end up ingesting the most mercury. Studies have shown that such marine mammals, like ring seals and pilot whales, can carry concentrations of mercury up to 50 times greater than some smaller fish, like herring. The new paper found that concentrations of mercury found in polar bear tissues have doubled in the last 40 years. Professor Niladri Basu, a professor of environmental health sciences at McGill University in Canada who was not affiliated with the study, said that Indigenous groups with hunting practices are most at risk for exposure to mercury. 'The species that drive exposure in communities are not species that are harvested for global transport and trade,' he said. Prof Basu added that mercury advisories have led to some Inuit communities cutting back on traditional food sources, representing a significant cultural loss. Emissions aren't the only mercury contamination threat in the Arctic. In 2024, a study found that the region's frozen soils, known as permafrost, have been accumulating mercury for centuries, reaching levels estimated to be higher than the atmosphere, oceans and life-forms combined. As climate change continues to warm the planet, scientists worry that these stores of mercury could be released. In November, international delegates will meet for the Minamata Convention's sixth major meeting. 2025 also presents the first deadline for the more than 120 countries who signed on to the treaty, to begin phasing out mercury use in certain types of production. Even in light of the global action on mercury, Prof Basu said, it could take centuries for the Arctic to recover. 'On one hand, we want to take action, and we have to recognise that mistakes are made and that we can't continue as business as usual,' he said. 'But on the other hand, we have to recognise that it's going to take a long, long time to undo all the damage.' NYTIMES Join ST's Telegram channel and get the latest breaking news delivered to you.

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