NFT Sales Reach $95.42M, Ethereum Leads Amid Declining Market Participation
NFT sales rose 6.29% to $95.42M, led by Ethereum with $32.46M, while Bitcoin-based NFTs fell 10.03%. Non-fungible token (NFT) sales increased by 6.29% from the previous week between August 3 and August 10, 2024, reaching a total of $95.42 million. Nevertheless, the NFT market experienced a significant decrease in the number of participants, with purchasers […]
Digital Collectibles Market Drops 45% in Q2
NFT sales volume dropped 45% in Q2 2024 to $2.25 billion, down from Q1’s $4.1 billion, amid Bitcoin’s downward momentum. In 2024, the sales volume of non-fungible tokens (NFTs) decreased by 45% on a quarter-over-quarter basis due to the downward trajectory of the Bitcoin market. In the first quarter of 2024, NFTs maintained the upward […]
North Korea Hackers Transfer $21.9M To Russian Exchange
Chainalysis discovered that North Korean hackers stole $21.9 million in cryptocurrencies and sent it to a Russian cryptocurrency exchange notorious for illicit operations. Recently, Chainalysis revealed alarming findings indicating North Korean hackers have funneled $21.9 million in stolen cryptocurrencies to a notorious Russian cryptocurrency exchange that facilitates illicit transactions. This disclosure sheds light on a broader […]
Dogecoin Nears $0.1 as Crypto Market Surges: What’s Behind the DOGE Rally?
Dogecoin (DOGE), the meme-inspired cryptocurrency featuring a Shiba Inu dog as its mascot, has surged past $0.09 and is now approaching the key level of $0.1. Dogecoin was created in 2013 as a joke based on the popular “doge” internet meme. However, it has gained a loyal community of supporters who use it for tipping, […]
Bitcoin Price Rises After U.S. CPI Data Falls for Ninth Month in a Row
Bitcoin price rises after the U.S. Bureau of Labor Statistics released its latest Consumer Price Index (CPI) report, which shows a ninth consecutive month of falling in March. The latest CPI report indicates that Bitcoin’s price is rising as consumer prices grew 0.1% on a seasonally adjusted basis in March, after a 0.4% increase in […]