NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last
The cryptocurrency market has sustained a downward trajectory over the past week. The overall market has seen a decline of 3.6%, coupled with a significant 27% decrease in trading volume compared to the previous week. Despite this gloomy backdrop, hope flickers among traders, largely fueled by the resilience of select
Inflation concerns persist as the U.S. Bureau of Labor Statistics gears up to unveil the April Consumer Price Index (CPI) data on May 15. The projections suggest that April’s CPI could range between 3.3% and 3.4%, the figures could amplify worries about inflation running higher than the Federal Reserve’s target
Amid the crypto market uncertainty, Internet Computer (ICP), the Graph (GRT), and the most watched of all, ETFSwap (ETFS), have emerged as the leading DeFi coins that can 100x crypto investors’ portfolios in the bull market. Decentralized finance (DeFi) remains one of the biggest liquidity ecosystems and the fastest-growing industry
Ethereum’s recent burn rate drop marks a notable shift, signaling potential changes within its ecosystem. Meanwhile, XRP is navigating turbulence as its resistance levels challenge the resilience of its market value. Amid these shifts, BlockDAG stands out with an innovative roadmap update, unveiling a low-code/no-code platform that simplifies the creation
Staking will not be a part of the proposed spot ether exchange-traded fund (ETF) from 21Shares and Cathie Wood’s ARK Invest. The “sponsor may, from time to time, stake a portion of the Trust’s assets through one or more trusted Staking Providers.” was a staking component that ArkInvest/21 Shares disclosed
Multiple recent operational outages on the Zilliqa network have affected mainnet block production. Nevertheless, the network is fully operational again as of May 10th, and the reason for this is still being investigated. After brief interruptions to block production on mainnet, Zilliqa informed the community that the network was back
Not many things draw investors’ attention, like a big move in a crypto whale’s portfolio. Keeping a close watch on market developments and new prospects, these influential individuals significantly influence how digital assets develop. An anonymous crypto whale recently caused a stir in the market by selling their holdings in
There’s a slight relief in the market as Bitcoin (BTC) rebounds above $62,800 and Ethereum (ETH) attempts to find a firm foothold above $3,000. Among the top 5 gainers of the day, Solana-based viral memecoin Dogwifhat (WIF) boasts its double-digit price surge. In the last 24-hour trading window, WIF surged
The decentralized finance (DeFi) sector is witnessing fierce competition among various projects, each striving to establish dominance and offer innovative solutions to users. While Polygon (MATIC) has emerged as a prominent player in the DeFi space, a new contender, Retik Finance (RETIK), has risen quickly with ambitious goals and unique
