Weekly NFT sales rise to $85.9m, Ethereum network leads the pack

weekly-nft-sales-rise-to-85-9m-ethereum-network-leads-the-pack

The non-fungible token (NFT) market has seen a notable resurgence, with a 10.10% increase in sales volume over the past week. Current data from Cryptoslam indicates that NFT sales volume has reached approximately $85.97 million, reflecting a positive trend compared to the last two weeks of September. In tandem with the rise in sales volume, […]

Cutoshi Is shakes up meme market with Its DeFi hub; TON & SHIB investors notice

cutoshi-is-shakes-up-meme-market-with-its-defi-hub-ton-shib-investors-notice

Savvy DeFi traders are increasingly turning their attention to Cutoshi, a new memecoin currently in presale, which is drawing interest from investors of established tokens like Shiba Inu and Toncoin. Cutoshi (CUTO) is generating buzz with its unique approach, blending a MemeFi initiative with core DeFi principles. Experts predict strong growth potential for this token, […]

Pi Network’s $15B Funding: What’s Really Going On?

pi-networks-15b-funding-whats-really-going-on

Rumors are circulating that the Pi Network, a mobile-mining cryptocurrency project, has secured $15 billion in funding. Recently, various social media accounts have been sharing screenshots of an image containing business descriptions and key information about the Pi Network. This news has generated significant interest and speculation within the cryptocurrency community. Pi Network has not […]

Bitcoin ETF outflows surpass $300m, analysts warn of key price levels

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This week, spot Bitcoin exchange-traded funds (ETFs) in the U.S. experienced outflows exceeding $300 million as global macroeconomic events created uncertainty about short-term trends. Following a historically bearish September that saw over $1.1 billion in inflows, around $388.4 million was withdrawn from 12 spot Bitcoin ETF funds between October 1 and October 3. This coincided […]

Ethereum’s lowered yield might signal a paradigmatic shift in the ecosystem | Opinion

ethereums-lowered-yield-might-signal-a-paradigmatic-shift-in-the-ecosystem-opinion

In mid-August 2024, Ethereum (ETH) gas fees dropped to 0.6 gwei, the lowest level since 2019. While some view this decline with concern, it reflects broader, healthier shifts within the ecosystem. Lower gas fees indicate a decrease in mainnet transaction volume, which has resulted in reduced staking yields for validators. Additionally, the slow adoption of […]

Sudeng soars to record high as Sui meme coins gain traction

sudeng-soars-to-record-high-as-sui-meme-coins-gain-traction

Sudeng, a newly launched meme coin on the Sui Blockchain, surged by over 30% as the broader cryptocurrency market recovered. On October 3, Sudeng (hippo) climbed to a record high of $0.0143, marking a 180% increase from its lowest point earlier in the week. This rally coincided with a rising demand for Sui meme coins, […]

Pi Network Seeks Influencers for Open Network Growth

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The Pi Network has recently introduced the Global Pi Influencer Program as part of its ongoing efforts to boost growth and engagement in anticipation of the Open Network phase. This initiative aims to leverage the influence of key figures in the cryptocurrency space to further enhance awareness and adoption of the Pi Network. By joining […]

The largest TON tokens collapsed by 50%: Here are the possible reasons

the-largest-ton-tokens-collapsed-by-50-here-are-the-possible-reasons

Tokens in the TON ecosystem that were recently listed on major cryptocurrency exchanges have experienced a significant decline. The largest tokens by market capitalization within the TON ecosystem have seen a sharp drop in the past few days. Compared to their all-time highs (ATH), the decline has reached between 30% and 50%. Notably, many of […]

Bitcoin’s halving upending global solo-mining profitability

The cost of mining a single Bitcoin has significantly changed since April’s halving, and eight countries with low electricity costs have already imposed bans on BTC mining. Once a lucrative venture for early adopters, Bitcoin mining has become less profitable following this year’s halving, according to a September report by NFT Evening. For instance, in […]