NFT sales experienced a dip this week, dropping 8.78% compared to the previous seven days. Total sales amounted to $ 77.46 million, with a sharp decrease in both buyers (down 64.47%) and sellers (down 66.40%). Bitcoin NFTs Surge 29.36% as Overall NFT Sales Dropped Over the past week, the digital collectible market struggled, bringing …
Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review
In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in crypto fraud after setting up a fake crypto operation. Economist Peter Schiff warned of impending financial ruin unless the U.S. allows its “phony economy” to […]
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing the spotlight by skyrocketing 193%. This Week’s Crypto Gainers […]
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in its case against Ripple Labs, citing significant legal errors. Coinbase is optimistic […]
Last Week Featured Bullish Continuation
This editorial is from last week’s newsletter, Week in Review, with some slight tweaks to dates so the article makes sense. Subscribe to the newsletter to get this editorial the second it’s released, which also includes the biggest stories of the week and a comment on each story. One Week Ago, Bulls Continued Their Parade […]