NFT Volume Witnessed Nearly 50% Decline YoY in 2023
From the Q1 2022 through the fourth quarter, digital art volumes fell by more than $10 billion. However, late 2023 and early 2024 were promising times for the NFT market.…
Court Orders Independent Examiner in FTX Bankruptcy Case.
Ruling of Judge John Dorsey of the U.S. Bankruptcy Court was overturned. The court found that prospective investors would benefit from more clarity.An independent examiner was ordered to be appointed…
NFT Market Surges? $42.8M Trading Volume Signals Comeback
Ethereum NFT market hits a 7-month high, reaching $42.8 million. Blur dominates with 82% volume, and PudgyPenguins surges 65% in 7 days.The Ethereum NFT market experienced a remarkable uptick on…
Donald Trump’s NFTs Are Live on Bitcoin Ordinals.
Trump merges NFTs and Bitcoin with “One-of-One” Ordinals, priced at $9,900.His digital collectibles spark interest amid exclusivity and imposed limitations.Former U.S. President Donald Trump is intertwining the worlds of cryptocurrency…
Bitcoin Price Crash Forces Traders to Withdraw Over $250 Million
Crypto Market Sees $250 Million Liquidations amid Bitcoin’s price Dip, Grayscale’s aggressive BTC sales add to Bearish Sentiment. More than $250 million worth of forced liquidations rocked the cryptocurrency market…
USDT Issuer Tether Purchased $380 Million Worth of Bitcoin. Will you?
Tether now has an astounding 66,465 BTC, or around $2.8 billion, in bitcoin.In September 2022, Tether bought 33,980 BTC to start their Bitcoin gathering journey.Tether, the issuer of the USDT…
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch.
Timmer believes the situation is a “sell-the-news moment” where participants may have “equitized” future spot positions via futures markets.Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that…
Litecoin Shows Resilience and Potential for Upside Amidst Key Developments.
Litecoin’s price declined from its peak of $115 in July 2023 to a low of $56 in August.A higher low was created in Litecoin’s price, indicating an ascending support trendline…
Manta Network, The Fastest-Growing Layer 2 Blockchain Sets New Records.
Manta Network achieves Top 3 status in Ethereum L2 with $850M TVL. Manta New Paradigm offers 5% native yields alongside attractive rewards. Manta Network, a prominent multi-modular ecosystem designed for…
Bitcoin ETFs Have Traded $10B Since Launch, Hold 34.5K BTC
Trading for newly launched spot Bitcoin exchange-traded funds has been booming in the three days since they went live on exchanges. Almost $10 billion has been traded in spot Bitcoin…