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July NFT Sales Plummet for Second Consecutive Month

2.8.2024
In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July...

Filecoin’s Price Dips 55% in Q2, but TVL Hits All-Time High

1.8.2024
Filecoin (FIL) did not have the best quarter in terms of network performance, with the exception of growth in a few sectors. The broader market’s bearishness and the theory of “sell in May and go away” seem to have caused the decline in growth. Filecoin Succumbs to Skepticism A report released...

XRP Defies Market Trends; Hits 6-Month High in Wallet Holdings

31.7.2024
On July 31, the cryptocurrency market encountered turbulence, with global market valuations reportedly dropping beneath $2.5 trillion, CoinMarketCap reports. As a result, Bitcoin (BTC) and Ethereum (ETH) recorded slight declines, setting a somber tone. However, XRP took a surprising turn. According...

‘Crypto President High Tops’ — Trump Reveals Limited Edition Bitcoin Sneakers

31.7.2024
Former U.S. President Donald Trump announced through a recent post on Truth Social that he is launching a line of Bitcoin-themed sneakers. “Just spoke at the Bitcoin Conference in Nashville, Tennessee on Saturday. It was GREAT! Get your Bitcoin Sneakers now. These are Limited Edition, they are each...

EU AI Act comes into effect — Here’s what to expect

31.7.2024
The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations

$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’

31.7.2024
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country

Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases, World Gold Council Reports

31.7.2024
The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising...

University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications

31.7.2024
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research, criticizing previous work for its lack of fundamental...

Bitcoin price closes in on all-time high as political and TradFi tone and tenor shift

29.7.2024
BTC price rallied as an improved regulatory outlook in the US and a series of improvements in the Bitcoin ecosystem altered investor expectations

Solana near yearly high after 27% July gain and SOL price ‘double bottom’

29.7.2024
Solana liquid staking tokens (LSTs) are increasing SOL onchain activity as TVL crosses $5.5 billion

Is Ethereum Poised for a New High Following ETF Inflows?

29.7.2024
The fourth week of July brought drama and chaos in the ecosystem after the Ethereum ETFs made a dramatic entrance on July 22, generating over $4 billion in trading volume within their first week. This robust start has raised expectations for a potential price boost in Ethereum. While the price...

TRON Is Set to Skyrocket: How High Can TRX Go This Bull Season?

29.7.2024
Cryptocurrency prices surged wildly to kick off this week, with Bitcoin nearing seventy thousand dollars in valuation while the crypto fear and greed index rose sharply to sixty-three points on the scale. TRON, or TRX, has been performing well. Justin Sun’s innovative blockchain project...

Record $39.4B Bitcoin open interest suggests imminent price breakout

29.7.2024
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout

Will Solana Smash Its 52-week High of $209 in this Bull Run?

29.7.2024
Solana’s price action has been marked by robust bullish momentum of late, with the cryptocurrency trading hands at $193.59 (at press time)—a 4.60% increase on the day. Its 50-day simple moving average languishes far below $149.61, a signal that the broader trend remains decidedly upward...

Bitcoin pushes toward $70K — just 6% needed for new all-time high

29.7.2024
Bitcoin price came within 5.7% of its peak today as the week begins with positive sentiment

How high can BTC price go after Trump’s bullish Bitcoin speech?

28.7.2024
A Bitcoin analyst predicts the cryptocurrency's price could soar above $800,000 following Trump's promise to integrate it into the US's strategic reserves

Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High

28.7.2024
According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate...