Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
The once booming market for non-fungible tokens (NFTs) has hit a rough patch, with sales volume plummeting 45% in the second quarter of 2024. This follows a strong first quarter that saw continued momentum from late 2023. Data from CryptoSlam reveals a drop from $4.1 billion in sales in Q1 to just $2.24 billion in … Read more
Notcoin (NOT), the Telegram tap-to-earn darling, is making waves with a double dose of good news. In a move likely to excite holders, Notcoin has burned a whopping $3 million worth of tokens from circulation. This burn significantly reduces the overall supply, potentially pushing up the value of remaining NOT tokens. But that’s not all! … Read more
The popular clicker game, Hamster Kombat, has been making headlines in Uzbekistan. While there were initial concerns about its legality, the National Agency for Perspective Projects (NAPP) has officially declared that the game itself is not banned. However, the NAPP did issue a warning regarding the in-game currency and its potential withdrawal. Here’s a breakdown … Read more
Gone are the days of simple, repetitive games dominating the play-to-earn (GameFi) market. Gamers are demanding more! A new wave of GameFi projects is emerging, boasting million-dollar budgets and years of development, a stark contrast to the earlier focus on quick earnings over fun gameplay. This shift reflects a growing desire for enjoyable experiences within … Read more
While the overall cryptocurrency market experiences a slump, Toncoin (TON), the digital currency linked to the messaging app Telegram, defies the trend. TON has seen a 20% price increase in the past month, even as the global market capitalization dips 15%. This bullishness is accompanied by a surprising development: a surge in whale activity. An … Read more
American singer Jason Derulo is facing criticism after selling thousands of dollars worth of his new cryptocurrency, JASON tokens, despite previously stating he “WILL NEVER SELL.”This revelation comes from analytics firm Bubblemaps, which claims Derulo sold tokens despite his strong public assurances. The situation is further muddied by Sahil Arora, the JASON token’s co-creator, who … Read more
In a surprise move, Notcoin’s recent airdrop has outshined well-established projects like ZKsync and LayerZero. The token, initially trading at $0.0142, saw a 7% increase in 24 hours. But the real story lies in the airdrop itself. Notcoin distributed tokens to a whopping 11.5 million users, with no strings attached. This airdrop, valued at roughly … Read more
Yescoin, the hot new Telegram crypto game, has taken the world by storm. With its simple swipe-to-earn gameplay and the promise of potential airdrops, it’s no wonder users are flocking to collect those digital coins. But is there a way to maximize your earnings and become a Yescoin master? Here are some tips to help … Read more
The cryptocurrency market witnessed a surge in PENDLE this week, with the altcoin registering a significant 25% price increase over the past seven days. This impressive rally placed PENDLE at the top of the list for gainers during that period according to CoinMarketCap data. Fueled by Investor Interest: Analysts attribute PENDLE’s strong performance partly to … Read more
A sudden and substantial transfer of $54.2 million worth of AVAX tokens has sent shockwaves through the cryptocurrency market, resulting in a significant 10% drop in Avalanche (AVAX) prices. This unexpected movement has sparked intense speculation and concern among investors and stakeholders alike. Details of the Transfer: The transfer, which occurred within a short span … Read more