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Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more…

Continue ReadingSecondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week

Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the…

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While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week

During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the…

Continue ReadingWhile Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week

State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months

During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region.…

Continue ReadingState of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months