NFT Market

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NFT Market

Pudgy Penguins' PENGU Coin Bridges Crypto and Mainstream Audiences

Pudgy Penguins' PENGU Coin Bridges Crypto and Mainstream Audiences

Pudgy Penguins, the indie NFT success story and power player in the crypto space, continues to extend its reach with the launch of its official cryptocurrency, PENGU. PENGU is drawing on the power of its massive fandom in the crypto space and beyond. Specifically, its goal is to attract their...

NFT Market Sees 10% Sales Surge, Ethereum Leads the Charge

NFT Market Sees 10% Sales Surge, Ethereum Leads the Charge

The global NFT market is recovering! During the previous week, sales volumes increased to $115 million, an impressive 10.85% increase. The Ethereum-based NFT trading market has skyrocketed. That’s a remarkable increase of more than 55% over last week. Although Bitcoin and Solana gained significantly as well, Ethereum’s dominance shows that...

Decoding NFT Value Beyond the Hype: Scarcity, Royalties, and On-Chain Analytics

Decoding NFT Value Beyond the Hype: Scarcity, Royalties, and On-Chain Analytics

Non-fungible tokens (NFTs) have been all the rage, with mind-blowing million-dollar NFT auctions and quick-fleeting trends overtaking our news cycle. The real promise of NFTs goes well beyond speculation and fads. These digital assets have enduring value for a few important reasons. Scarcity, beautiful aesthetics, behavioral economics baked into open-source...

Bitcoin Remains Steady as Ether.fi, Hivemapper, and Maple Finance Surge

Bitcoin Remains Steady as Ether.fi, Hivemapper, and Maple Finance Surge

At the time of writing, Bitcoin’s price is $103,956.30 after a 24 of 0.08% increase. Meanwhile, several altcoins are experiencing significant gains. Ether.fi (ETHFI), Hivemapper (HONEY), and Maple Finance (SYRUP) yielded triple-digit percentage gains over the weekend. Their market capitalization and trading volume exploded as well.Ether.fi (ETHFI) is currently on...

NFT Market Sees $115 Million in Sales, Ethereum and Bitcoin Lead the Surge

NFT Market Sees $115 Million in Sales, Ethereum and Bitcoin Lead the Surge

After regressing alongside the wintery NFT market, the non-fungible token (NFT) market is booming again with sales up 10.6% at $115 million. Ethereum and Bitcoin are at the forefront, showing promising strides in both sales volume and user engagement. Other parachains and blockchains like Mythos Chain, Solana, and Polygon continue...

Ethereum's Korean Footprint Grows Amidst Market Shifts in Q1 2025

Ethereum's Korean Footprint Grows Amidst Market Shifts in Q1 2025

Since the rise of Ethereum in 2016, Korean users have consistently accounted for higher levels of engagement in the Ethereum blockchain. This trend underscores their increasing interest in decentralized finance (DeFi) and such technologies. In the recent analysis, we analyzed around 60,000 of those wallet addresses that were most likely...

Bitcoin Soars Past $103,000 as ETF Inflows Surge

Bitcoin Soars Past $103,000 as ETF Inflows Surge

The currency has recently hit a record high, exceeding $103,000 for the first time since January. This increase has been largely due to major investments rushing into U.S.-listed Bitcoin ETFs. The surge, observed on May 9, 2025, reflects a broader market trend, with the total crypto market capitalization rebounding strongly...

CryptoQuant CEO Signals Shift in Bitcoin Cycles Amid ETF Influence

CryptoQuant CEO Signals Shift in Bitcoin Cycles Amid ETF Influence

Ki Young Ju, the CEO of CryptoQuant, he is a famous on-chain analyst. He argues that the Bitcoin market dynamics are in the middle of a massive structural change. Artificially manipulated and financially driven Bitcoin cycles are history. Ju likens the current environment to a game of “Musical Chairs,” where...

Crypto Market Plunges in Q1 2025 Amidst Shifting Investor Interests

Crypto Market Plunges in Q1 2025 Amidst Shifting Investor Interests

When we fast-forward to the first quarter of 2025, the entire crypto market suffered a violent crash. Its value plummeted 18.6% in a single weekend, going from a year-to-date record high of $3.8 trillion to only $2.8 trillion. Their plunge included some of the largest ever in well-established cryptocurrencies such...