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Bitcoin Leads $305M Digital Asset Outflows, CoinShares Blames US Economic Data

Digital asset investment products witnessed $305 million in outflows last week, with negative sentiment widespread among various providers and regions. CoinShares attributes this to stronger-than-expected economic data from the United…

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Crypto Market Wobbles: Helium Gains While Zcash Leads Week’s Declines

While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn’t have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43%…

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Ethereum Technical Analysis: ETH Price Hovers in Consolidation Zone

On September 2, 2024, ethereum was priced at $2,517, with a 24-hour intraday range of $2,407 to $2,531. Over the past week, its price fluctuated between $2,409 and $2,740, reflecting…

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NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge

Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales…

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ChatGPT Analyzes Which Altcoin Will Perform the Best by 2024’s End (Hint: it’s Not Ripple (XRP))

TL;DR ChatGPT highlighted Ethereum (ETH) as the leading contender for a strong rally in the following months (among the altcoins). Somewhat surprisingly, the chatbot did not include Ripple (XRP) as…

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Nigerian Blockchain Leader: Approval of 2 Crypto Exchanges Brings Much-Needed Regulatory Clarity

A Nigerian blockchain industry leader has described the recent approval of two crypto exchanges by the securities regulator as a positive step that improves the image of Nigeria’s crypto space.…

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$2 Billion Milestone Reached in Tokenized Treasury Bonds

The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s…

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Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority…

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Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip

While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%,…

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Washington Man Faces Charges in $64 Million Crypto Laundering Scheme

A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts.…

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