Global NFT sales dropped to $88 million this week with a 7.07% decrease, while Solana showed strong growth with a 24% increase in trading volume, challenging Ethereum’s market dominance.
Phantom Wallet experienced service disruptions during the massive GRASS token airdrop on Solana, affecting millions of users while highlighting the blockchain’s improved stability despite unprecedented transaction volume.
Circle is advancing its IPO plans with strong financials and no additional funding needs, while CEO Jeremy Allaire remains optimistic about stablecoin legislation despite political hurdles.
Shiba Inu (SHIB) and Ripple (XRP) present compelling investment opportunities through ecosystem expansion and institutional adoption respectively, with both cryptocurrencies positioning themselves for potential ETF launches and increased market presence.
The Golden State Warriors have named Coinbase as their official cryptocurrency platform partner, marking a bold return to crypto partnerships despite ongoing legal challenges from their previous FTX sponsorship and Coinbase’s current SEC lawsuit.
The 13th Blockchain Life Forum in Dubai attracted more than 12,119 participants from 120 countries, featuring 200+ speakers from major crypto companies and concluding with a spectacular afterparty featuring French Montana.
The Wall Street Journal’s report of alleged US federal investigations into Tether has sparked market volatility, though the stablecoin issuer strongly denies the claims as “old noise” while defending its track record of law enforcement cooperation.
Major Japanese financial institutions, including Mitsubishi UFJ Trust and Nomura Securities, have submitted proposals urging regulators to prioritize Bitcoin and Ethereum for potential cryptocurrency ETFs, citing their market stability and long-term investment potential.
South Korea announces new cryptocurrency regulations requiring businesses to register and report cross-border virtual asset transactions, targeting $8 billion in forex-related crimes since 2020.
Web3 gaming platform Paragon successfully launched its 1,500 limited edition loot-box NFTs with instant sellout, promising holders early platform access and enhanced gaming benefits. The ecosystem boasts over 45 million plays and 1 million active wallets.
