NFT Market Fall: A Short Overview NFT markets developed incredibly rapidly towards the close of 2023. The trend swiftly turned, however. NFT trading volume hit $1.36 billion, based on data by DappRadar. By January, it dropped by 26%. The decline accelerated in February, with another 50% drop. Here’s how the numbers look: Month Trading Volume … Read more
The Financial Intelligence Unit (FIU) sanctioned Dunamu, Upbit’s parent company, for conducting transactions with unregistered virtual asset businesses. Upbit also failed to follow proper customer verification procedures and did not report suspicious transactions. Along with the suspension, the exchange faces financial penalties and personnel actions. Upbit has acknowledged the violations and promised to strengthen compliance … Read more
CryptoQuant statistics show a steady rise in BTC held in exchange wallets since February 6. Currently, 2.47 million BTC are held in exchange wallets, a 1% rise this month. This could stop a price increase since traders are transferring their coins to exchanges, possibly for sale. The price of Bitcoin has been trapped in a … Read more
On February 17, Binance launched a community vote to gauge interest in listing Pi Network. The vote, set to end on February 27, has received overwhelming support, with 85% of participants in favor. This comes just one day before Pi Network’s planned mainnet launch. Despite strong backing, critics have questioned Binance’s decision. Crypto journalist Colin … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Dogecoin price struggles to break resistance, facing a crucial test. Meanwhile, a rising crypto star is gaining momentum. The Dogecoin price is at a crossroads, facing a major hurdle that could determine its … Read more
Argentina meme coin news has rocked the crypto market, and now Javier Milei might face impeachment over LIBRA crypto. Will they ever learn? Marketed as a private initiative to support small businesses, LIBRA surged to a $4.5 billion market cap before crashing to $200 million. Milei posted about LIBRA on his official X account, claiming … Read more
The CAR token skyrocketed, but deepfake warnings and a sudden website takedown have raised questions about whether this is truly a government-backed initiative. On Feb. 10, the Central African Republic made an unexpected move by announcing the launch of its own memecoin, CAR. The announcement came directly from the official X account of President Faustin-Archange … Read more