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Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales last week with $188.51 million … Read more
Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent. Go to Source Powered by WPeMatico
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart … Read more
Crypto traders are waiting for the result of today’s FOMC and it’s possible that the recent downside could reverse course if Powell’s statements hint at an improving U.S economy. Go to Source Powered by WPeMatico
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit. Go to Source Powered by WPeMatico
Bitcoin and altcoins started the week in the red, but if this week’s FOMC meeting aligns with investors’ general expectations, the wider crypto market could quickly rebound. Go to Source Powered by WPeMatico
Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price. Go to Source Powered by WPeMatico
Bitcoin and select altcoins continue to consolidate near their recent highs, increasing the possibility of an upside breakout. Go to Source Powered by WPeMatico
Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to its strongest point since November. Monero was also in the green, nearing a key resistance level in … Read more
Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out. Go to Source Powered by WPeMatico