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Digital Assets See Outflows for 3rd Consecutive Week


Coinshares reported consecutive weekly outflows in digital asset investment products, totaling $30 million. Ethereum faced its worst year-to-date net flows with $61 million in outflows, while multi-asset and bitcoin ETPs saw inflows of $18 million and $10 million, respectively. Regional inflows...

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May


Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging...

Crypto Market Bounces Back, Mog Coin and ENS See Double-Digit 7 Day Gains


On Monday, July 1, 2024, the overall crypto economy rose by 2.31%, reaching a total value of $2.31 trillion. Bitcoin increased by 2.8% this week, and ethereum climbed 4.8%, while several digital assets posted double-digit gains. Leading the performance chart over the past seven days was mog coin...

New investment of Vitalik Buterin in MegaLabs


Other notable investors include Figment Capital, Joseph Lubin, and Jordan Fish. The accompanying press release states that MegaETH can perform transactions per second with precise responsiveness. According to the press release, its massive performance unleashes fully onchain applications that match...

U.S. Govt. Moves 3,375 Ethereum Amidst ETH ETF Approval Hype


According to data from blockchain intelligence firm Arkham, a wallet associated with the US government moved 3,375 ETH. The moved Ethereum was valued at approximately $11.75 million and sent to an unknown address at 16:34 UTC+8. This large transfer comes at a time when the crypto market is waiting...

Ethereum surges 5% with whale activity ahead of ETH ETF approval


Ethereum’s market value has jumped 5% ahead of the SEC S-1 form revisions. The community expects the SEC to announce its approval in the next 14 to 21 days. In light of this, whale activity has also surged, pushing ETH past the $3,500 level. Reports indicate that a crypto whale, most likely...

Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review


Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in...

NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week


Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This...

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