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Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

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Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to … Read more

Memecoins Surge On Solana After Fed Rate Cut; Whale Amasses $74M Profit In $WIF

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Memecoins on the Solana blockchain saw notable gains on Thursday following the Federal Reserve’s interest rate cut. Among the standout performers was Dogwifhat ($WIF), which surged by 6.55%, securing its place as one of the top-performing memecoins. The token boasted a trading volume of $424 million, drawing significant attention from traders. In a major move, … Read more

Rapper Iggy Azalea to Launch Crypto-Powered Online Casino ‘Motherland’ in November

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Iggy Azalea is set to shock the online gambling world with the launch of her new crypto-powered casino, Motherland, in November 2024. Powered by her Solana memecoin, MOTHER, the casino will offer a variety of games, including slots, blackjack, roulette, poker, and sports betting. The launch is part of Azalea’s broader strategy to build a … Read more

Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel Rewards

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Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to enhance the crypto travel experience and incentivize users with up to 10% of booking value back in SOL. Travala Integrates Solana for … Read more

NFT Sales Climb 7.33%, Mythos, Blast, and Solana Lead the Charge

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Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable lift. NFT Gains: Digital Collectible Buyers Increase by 137% as Sales Hit $77.13M After several weeks … Read more