NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter
NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November. Go to Source
Month: November 2024
Marketing shouldn’t be the scapegoat in crypto
Responsible marketing in crypto cultivates transparency, education and trust, serving as a critical tool for project legitimacy and industry growth. Go to Source
From Pennies to Properties: The Untold Story of Crypto’s Impact on Homeownership
Recent analysis from the Office of Financial Research (OFR) reveals that increased household exposure to cryptocurrency is reshaping financial behaviors, particularly in debt accumulation. OFR Report Reveals the Growing Influence of Crypto Assets on Household Debt Between 2020 and 2021, the proportion of U.S. households reporting taxable cryptocurrency events tripled. This growth highlights the intersection … Read more
Cryptoquant Data Points to Potential Bitcoin Surge Beyond $146K
Bitcoin’s record-breaking rise to $99,800, followed by a slight correction, has analysts at Cryptoquant signaling that the bull market is far from over, with onchain metrics suggesting potential for further gains beyond $100,000. Cryptoquant Analysis Indicates Bitcoin Bull Cycle Is Far From Over Bitcoin’s recent climb to a record high of $99,800, followed by a … Read more
Ether futures open interest hits all-time high — Is the ETH bull run starting?
Ethereum futures hit new records, possibly signalling a fresh bull run in ETH. Go to Source
Non-USD stablecoins can spur adoption: Report
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. Go to Source
Institutions won’t embrace Web3 without privacy options — Web3 exec
Paradoxically, one of crypto’s biggest selling points keeps institutions from embracing Web3 and distributed ledger technologies. Go to Source
Ethereum Price Prediction: Can ETH Break $10,000 This Bull Run With JetBolt’s Growing Momentum
Ethereum (ETH) is basking in bullish glory, climbing 35.9% this November. Whale accumulation and soaring market optimism are driving ETH’s rally, with market observers eyeing a potential breakout that could lead to unprecedented highs. With a bull run gaining steam, can ETH break $10,000 this bull run? Meanwhile, JetBolt (JBOLT) is gaining attention as a … Read more
Stablecoin trading volume surges to $1.8T in November
Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. Go to Source
Publicly Listed Chinese Firm SOS Commits $50 Million to Bitcoin Investment Amid Market Surge
SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase of bitcoin (BTC). SOS Invests $50 Million in Bitcoin According to the announcement, the initiative aims to bolster the company’s blockchain strategy while leveraging the growing prominence of bitcoin as a digital asset. The decision … Read more
