NFT News
The non-fungible token (NFT) market continues its meteoric rise, with leading blockchains reporting staggering sales figures this week. Data from Phoenix Group, a leading crypto analytics platform, highlights Ethereum, Bitcoin, and Solana as the top performers, alongside other notable contenders like Mythos, Immutable, and Base. This surge indicates a growing investor interest in NFTs and
NFT News
Tezos is set to make a notable appearance at the NFT Paris conference on February 13, 2025, highlighting its expanding role in blockchain-based art, decentralized governance, and the rising concept of tokenizing real-world assets (RWAs). According to an official post by XTZ, co-founder Arthur Breitman will lead a session titled “Tokenization & Asset Management: Unlocking
NFT News
Wells Notice issued by the U.S. Securities and Exchange Commission (SEC) to CyberKongz, a well-known blockchain gaming project recognized for its utility token and NFT collecting integration. Often before official enforcement action, this notification shows the SEC’s continuous assessment of blockchain gaming initiatives and their adherence to U.S. securities laws. The creative way CyberKongz has
Market News
Bitcoin’s future has long been a subject of debate, but Marc Boiron, CEO of Polygon Labs, is making a bold prediction: the world’s largest cryptocurrency could surge to $250,000. Boiron argues that Bitcoin’s fixed supply and increasing demand make its long-term appreciation inevitable, despite short-term volatility. His forecast comes at a time of heightened market
Market News
Dogecoin’s price could be on the verge of a significant rally, with analysts predicting a 200% surge amid increasing speculation surrounding a potential Dogecoin exchange-traded fund (ETF). Recent market activity and expert opinions suggest that an ETF approval could push the popular meme cryptocurrency well beyond its all-time high of $0.739. Over the past year,
Market News
Shibarium, Shiba Inu’s Layer-2 blockchain, has seen an unprecedented collapse in activity, with daily transactions plummeting by 99% in just a week. On February 14, Shibarium recorded 4.64 million daily transactions. By February 21, that number had fallen to just 52,410, according to blockchain data from Shibariumscan. The dramatic decline comes as SHIB, the ecosystem’s
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Trading and investing platform eToro has secured regulatory approval under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the EU. The Cyprus Securities and Exchange Commission (CySEC) granted the permit to eToro’s European subsidiary, eToro (Europe) Ltd, making it one of the first trading platforms to operate under
NFT News
OpenSea, one of the largest NFT marketplaces, has suspended its XP reward system for listing and bidding following backlash from the community. The system, part of OpenSea’s new OS2 beta marketplace, was meant to incentivize activity in anticipation of the upcoming SEA token airdrop. However, it quickly became a focal point of controversy, with critics
Market News
Japan has approved new regulations aimed at strengthening stablecoin collateral management and enhancing user protections. The move comes as the country seeks to balance innovation in digital finance with financial stability and investor security. The Financial Services Agency (FSA) of Japan has endorsed regulatory changes that broaden the range of assets that can back stablecoins.
Market News
Jack Dorsey, co-founder and executive chair of Block Inc., is making a high-stakes move into Bitcoin mining with Proto, the company’s new open-source mining initiative. Announced during Block’s fourth-quarter 2024 earnings call, the project aims to decentralize the industry and compete directly with dominant players like China-based Bitmain, which has long controlled the global supply
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Crypto markets face downside risk as institutional interest in CME bitcoin and ether futures declines, JPMorgan analysts warned. The total cryptocurrency market capitalization has dropped 15% from its peak of $3.72 trillion in December to $3.17 trillion, a sharp correction that signals weaker demand from institutional investors. JPMorgan’s latest report, led by managing director Nikolaos
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Nasdaq has submitted a proposal to the Securities and Exchange Commission (SEC) for a groundbreaking exchange-traded fund (ETF) framework designed to expand access to digital assets while enhancing regulatory oversight. If approved, the proposed rule—Nasdaq Rule 5712—would allow the listing of funds holding multiple cryptocurrencies beyond Bitcoin and Ethereum, signaling a major shift in institutional
