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Trade activity in Ethereum’s non-fungible token (NFT) market is booming, with weekly volume reaching its highest point since February 2023. NFT sales on the Ethereum (ETH) network have increased by almost 100% in the last week, reaching a staggering $158 million, according to data from CryptoSlam. Other well-known NFT blockchains, such as Bitcoin and Polygon […] More
Despite the excitement in Bitcoin exchange-traded funds (ETFs) and the impending halving event, Bitcoin Ordinals have been losing traction. According to NFT data aggregator CryptoSlam, monthly sales of Ordinals dropped 61% to $335 million in January from $868 million in December, the month with the biggest sales in Ordinals history. The first version of nonfungible […] More
The world’s largest cryptocurrency exchange, Binance, has declared its intention to list the JUP token on its platform, which is a major step forward for the Solana-based decentralized exchange, Jupiter Exchange (JUP). Jupiter Exchange, meanwhile, is creating ripples in the cryptocurrency community by taking second place among decentralized exchanges thanks to a spike in trading […] More
Major NFT indexes have increased by about 10%, although ether prices are expected to end the month slightly higher by just over 2%. This month, non-fungible token (NFT) index prices have increased by nearly 10%, outperforming the gains of ether (ETH), the cryptocurrency that many NFTs are denominated in, which has increased by slightly over […] More
The introduction of Bitcoin ETFs has upended the conditions that investors were accustomed to, which has resulted in numerous developments for the cryptocurrency market recently. It appears that investors are now focused on cryptocurrencies, particularly meme coins. As public knowledge of cryptocurrencies grows, meme coin investors have been instrumental in driving Shiba Inu’s success in […] More