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” Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume “ Coinbase, one of the largest crypto exchanges by volume, opened its beta non-fungible token (NFT) marketplace to the public on May 4 with on-chain data showing a maximum of 150 total transactions on the day and $75,000 in USD volume….
” WSJ says ‘the NFT market is collapsing’ but the data says otherwise “ An article in the Wall Street Journal has claimed sales of non-fungible tokens (NFTs) are “flatlining” — in the same week that the top five collections alone accounted for more than $1 billion in primary and secondary sales. The article cited…
” What are the most bullish cryptocurrencies to buy right now? | Find out now on The Market Report “ The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But…
” More than $1.6 billion exploited from DeFi so far in 2022 “ The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with over $1.6 billion in crypto stolen from users, surpassing the total amount stolen in 2020 and 2021 combined. Analysis from blockchain security firm CertiK…
” XRP price rebounds after worst month since June 2021 — major recovery ahead? “ Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks. Support confluence raises XRP…
” NFT traders STEPN to a new groove — Is move-to-earn the future of fitness or another fad? “ Axie Infinity was a pioneer of the play-to-earn movement and the project inspired new Web3 applications that aspire to apply the earning model to their respective ecosystems. The latest project to join the move-to-earn movement is…
” Web3 solutions aim to make America’s real estate market more accessible “ America’s housing market may soon be facing its next bubble as home prices across the country continue to be fueled by demand, speculation and lavish spending that could result in a collapse. Moreover, many homeowners are opting to stay put due to…
” Institutional investment flows out of ETH and into competing L1 altcoins “ Institutional investors have shifted their attention from Ethereum (ETH) to competing Layer 1 blockchains of late, with capital inflows for altcoin investment products increasing last week whilst Ether products posted outflows for the third week in a row. Data from CoinShares’ latest…
” OpenSea top-10 NFT projects soar as new liquidity enters the market “ Spring is here and with it came a newfound awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from midApril to $17.6 billion. However, on April 16,…
” ‘Legacy’ NFT prices are soaring, but exactly what makes a collection a blue-chip? “ Blue-chip NFTs is a popular buzzword one will find strewn across Twitter and various crypto media. The term, “blue chip,” is borrowed from traditional finance where stocks that are considered to be the well-established extension of corporations known for their…