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NFT Market Sees Over 30% Decline in Weekly Sales


From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin...

Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow


Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin...

LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon


The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token's value. The post LayerZero...

USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks


Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply....

Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut


Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms,...

Arkham Intelligence teams up with Telegram’s TON


In a new strategic partnership, The Open Network (TON), an enterprise that provides data analytics for blockchain technology, has partnered with Arkham Intelligence, a well-known entity in this area. This signifies that the powerful features and capabilities of Arkham’s blockchain...

Volta Raises $4.1 Million in Seed Funding For Institutional Platform


Volta secures $4.1 million in seed funding to develop a platform Volta Circuit aimed at improving security and control for institutional investors managing digital assets. The post Volta Raises $4.1 Million in Seed Funding For Institutional Platform appeared first on Cryptonews

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