Amid the broad uptick in crypto asset markets, non-fungible token (NFT) sales saw a 22.38% increase this past week. NFT sales managed to rake in $ 92.95 million this week and Ethereum and Bitcoin NFT sales led the way. Digital Collectibles Spike in Activity as Ethereum and Bitcoin Top the NFT Charts NFTs enjoyed …
AI-Designed Meme Coin GOAT Sees Explosive Growth in Just 72 Hours
Based on market data, goatseus maximus (GOAT), a meme coin generated by an artificial intelligence (AI) bot, has been steadily increasing in value since its introduction. Over the past 24 hours, it has appreciated by 132% against the U.S. dollar. From AI Bot to Major Crypto Exchanges: GOAT Climbs 546% in a Week It’s hard […]
Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a Hard […]
Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days
On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $ 54.27 million in outflows, a stark contrast to Thursday’s net inflow of $ 26.7 million, as indicated by recent data. Meanwhile, Grayscale’s Ethereum Trust (ETHE) has seen a reduction of over $ 2 billion in ethereum since July 23. U.S. Ether ETFs …