Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck the Trend As April concluded and May commenced, data reveals that NFT sales […] Source: https://news.bitcoin.com/nft-sales-dip-over-31-in-april-ethereum-solana-experience-sharp-declines/
United States Senator Cynthia Lummis (R-WY) has stated that she is “deeply troubled” by the Department of Justice’s (DOJ’s) stance on non-custodial software. In a tweet, Lummis expressed concern at the DOJ’s “hyper-aggressive argument that non-custodial software can constitute a money transmission service.” She added that the DOJ’s stance “contradicts existing Treasury guidance,” and “violates the rule of law.” “Arguments…
Bitcoin’s drop to $56,500 crushed bullish traders’ sentiment and took a heavy toll on altcoin prices but are generational buying opportunities emerging? Source: https://cointelegraph.com/news/price-analysis-5-1-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Tokenization firm Securitize just closed a $47 million strategic funding round led by none other than BlackRock, the world’s largest asset manager and operator of the…
Redstone, a new Ethereum scaling network designed for fully on-chain games and “autonomous worlds,” launched its mainnet today—with a number of early games already available for play. Developed by Ethereum startup Lattice, Redstone was built via Optimism’s OP Stack scaling tech. But it’s much more than a rebranded riff on the layer-2 tech that also powers networks like Base and…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports BNB Chain is aiming to foster the creativity of meme coins through a $1 million Meme Innovation competition. With a prize pool of $1 million divided…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Tether posted a record-shattering $4.52 billion profit in the first quarter—an unusually large sum even for the highly successful and dominant stablecoin provider. Per its Q1…
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves to 296,713.90 BTC. Bitcoin ETFs Continue to See Persistent Outflows Since April 24, 2024, U.S. […] Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-report-5-straight-days-of-outflows-totaling-635-million/
Meme coin fans think “serious” crypto investors are mid-curving it. Serious crypto investors think meme coin fans are idiots. Source: https://cointelegraph.com/magazine/meme-coins-betrayal-crypto-ideals-or-true-purpose/
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000. Source: https://cointelegraph.com/news/bitcoin-down-21-all-time-high-50k-btc-next
