Category Archives: Blockchain

NFT Sales Drop 9.6% to $160.9M, Ethereum and Bitcoin Network Sales Plunge

NFT Sales Drop 9.6% to $160.9M, Ethereum and Bitcoin Network Sales Plunge

As the cryptocurrency market continues its upward trajectory, with Bitcoin nearing the $100,000 mark and touching a new all-time high of $99,655.50, the NFT market has shown signs of weakness. Recent data reveals a 9.6% decrease in total NFT sales volume, dropping to $160.9 million. This dip follows last week’s figure of $178.8 million, marking […]

Stellar, Dogecoin, and Cardano Shine as Crypto Market Valuation Reaches $3.5 Trillion

Stellar, Dogecoin, and Cardano Shine as Crypto Market Valuation Reaches $3.5 Trillion

The global cryptocurrency market has surged to an all-time high, crossing the $3.49 trillion mark, reflecting an impressive 11.5% increase over the week and adding $358 billion to its overall valuation. Bitcoin (BTC) led the charge, rising over 8% during this period as buyers pushed to breach the psychological resistance at $100,000, triggering a ripple […]

Kusama Soars Over 110%: What’s Behind the Surge of Polkadot’s Canary Network?

Kusama Soars Over 110% What’s Behind the Surge of Polkadot’s Canary Network.

Kusama has recently taken the crypto world by storm, with its price soaring by more than 112% on Saturday. This dramatic increase has left investors and analysts buzzing about what’s driving the price action for Kusama (KSM), often referred to as Polkadot’s “canary network”. Known for its experimental nature, Kusama has seen a surge that […]

Bitcoin ETFs See Record $3.38 Billion Inflows, VanEck Analysts Eye $180K Price Target

Bitcoin ETFs See Record $3.38 Billion Inflows, VanEck Analysts Eye $180K Price Target

Bitcoin ETFs have experienced record-breaking demand, with a staggering $3.38 billion in weekly inflows, signaling growing investor interest as the cryptocurrency approaches new price milestones. This surge in capital comes at a time when Bitcoin continues its rally, nearing the coveted $100,000 mark, and analysts predict even greater price potential in the coming months. Record […]

Stellar Lumens (XLM) Soars: 3 Key Reasons for Potential Reversal

Stellar Lumens (XLM) Soars 3 Key Reasons for Potential Reversal

Stellar Lumens (XLM) has made a strong comeback, experiencing three consecutive weeks of growth and reaching its highest price since 2021. As of recent, the price of Stellar Lumens has surged to $0.3052, a notable increase driven by the ongoing cryptocurrency market bull run and a growing fear of missing out (FOMO) among investors. This […]

Sui Partners with Franklin Templeton to Drive Blockchain Innovation

Sui Partners with Franklin Templeton to Drive Blockchain Innovation

The Sui blockchain has entered a strategic partnership with Franklin Templeton Digital Assets, aiming to bolster the ecosystem and accelerate blockchain-based advancements. This collaboration is set to provide critical support to developers within the Sui network, tapping into Franklin Templeton’s deep expertise in blockchain technology, digital assets, and investment strategies. Franklin Templeton Digital Assets has […]

Here’s why the Capybara Nation crypto token is skyrocketing

Here’s why the Capybara Nation crypto token is skyrocketing.

The Capybara Nation (BARA) crypto token has been on a massive rally, soaring by 435% on November 22, reaching a price of $0.00001358. This remarkable increase has propelled its fully diluted market cap to over $1.3 billion. The surge came after a highly anticipated airdrop event and the token’s immediate listing on Crypto.com, one of […]

SHIB could surge over 50% if this event unfolds.

SHIB could surge over 50% if this event unfolds.

Shiba Inu (SHIB) is positioning itself for a potential massive rally, with analysts predicting significant upside in the near future, driven by multiple bullish indicators. Bullish Patterns and Predictions Analyst Ali Martinez highlighted a bull flag pattern on SHIB’s 1-day chart, a technical indicator that often signals substantial gains once the price breaks above the […]

MicroStrategy raises $2.97 billion through a convertible note offering to acquire more BTC

MicroStrategy raises $2.97 billion through a convertible note offering to acquire more BTC

MicroStrategy has successfully completed its offering of 0% convertible senior notes, raising approximately $2.97 billion in net proceeds. The company announced on November 22 that it intends to use these proceeds to purchase additional Bitcoin, further solidifying its position as the largest corporate holder of the cryptocurrency. The offering, which was initially set at $2.6 […]

Polygon partners with the Foresight Venture-backed stablecoin network WSPN

Polygon partners with the Foresight Venture-backed stablecoin network WSPN

Polygon Labs has partnered with the stablecoin infrastructure startup WSPN (Worldwide Stablecoin Payment Network), based in Singapore, to expand the use of its stablecoin, WUSD, in payments and decentralized finance (DeFi). This strategic collaboration, announced on November 22, aims to promote the adoption of WUSD across emerging markets, including Hong Kong, Singapore, and Africa. While […]