Author: NBTC
The non-fungible token (NFT) market continued to showcase its high-value transactions in January 2025, with CryptoPunks taking the lead in terms of sales volume. January’s top NFT sales revealed substantial interest in iconic digital assets, with notable transactions across a range of projects. Among the most expensive sales were CryptoPunks, Azuki, and Autoglyphs, further establishing the growing prominence of NFTs in the broader digital and financial landscape. TOP #NFT SALES IN JANUARYAmong largest sales in January are: #CryptoPunk#Azuki#AutoglyphsLargest Sale: CryptoPunk #6472 – $735.44K pic.twitter.com/zDLD7AjooV — PHOENIX – Crypto News & Analytics (@pnxgrp) February 2, 2025 According to the Phoenix Group,The…
Depending on which news outlet you read this morning, investment demand for MicroStrategy’s new STRK was either far less than or double the company’s goal. According to a press release, MicroStrategy raised $563.4 million via its new Series A Perpetual Strike Preferred Stock after targeting just $250 million for that capital raise. That version of the news lit up one side of the media this morning with a fanfare of bullish headlines from crypto publications. In stark contrast, traditional finance reported on the raise with more detail and none of this bullishness. Barron’s, for example, led with “MicroStrategy’s New Preferred…
Magic Square has formed an essential partnership with 5ireChain which develops the next-gen Layer-1 blockchain that ensures sustainability and operational efficiency. Through their partnership 5ireChain will deliver its dApps to the Magic Store which will expand the ecosystem as users gain seamless access to new projects and enhanced opportunities. 🤝 Partnership Announcement: Magic Square x 5ire 🤝We’re teaming up with @5ireChain to bring their blockchain and ecosystem to @MagicStoreWeb3!Through this partnership, 5ire-powered dApps will soon be available on the Magic Store—unlocking more innovation, more projects, and… pic.twitter.com/ILYCiGWUTk — Magic Square (@MagicSquareio) January 31, 2025 Magic Square operates the Web3 App…
Fundstrat chief investment officer Tom Lee says those who turn a blind eye to Bitcoin likely believe that BTC will eventually plunge all the way down to zero. In an interview on the Global Money Talk YouTube channel, Lee says Bitcoin has proven its staying power after over a decade of existence. He also notes that it’s now very unlikely for Bitcoin to vanish, given that the incoming Trump administration has repeatedly expressed its support for the largest crypto by market cap. “I think that it’s probably better to just observe a few things. One is Bitcoin has now been…
Since gracing the cover of the New York Times, Pudgy Penguins have been on a rollercoaster ride. Originally a cute profile picture NFT collection, Pudgy Penguins endured the ousting of its founder before finding mainstream success, with licensed toys landing on the shelves of Walmart and Target stores nationwide. Launched amid the NFT boom in 2021, the collection and its ecosystem of companions has become the face of Web3, garnering millions of social impressions and exploding beyond the relatively small sector of crypto participants on X (formerly known as Twitter). Here’s everything you need to know about Pudgy Penguins. What…
Two US lawmakers are accusing seven of the largest American banks by total assets of failing to pass the benefits of a high interest-rate environment to customers. In a letter to the CEOs of Bank of America, Citibank, JPMorgan Chase (JPMC), US Bank, PNC Bank, Truist and Wells Fargo, US senators Elizabeth Warren (D-Mass.) and Jack Reed (D-R.I.) say the lenders have increased the interest rates they charge borrowers while keeping the rates they pay to savings accounts low. “Deposit rates for savers always lag behind the federal funds rate, but this gap is larger for customers of big banks…
In recent days, Bitcoin and altcoins have experienced a recovery, with the BTC price exceeding $ 102,000. While there has been a general rise in altcoins, this rise has also mobilized whales. At this point, cryptocurrency analysis company Santiment announced the 10 altcoins that experienced the highest increase in whale activity. “Among altcoins with a market cap of over $500 million, the projects that saw the biggest increase in whale transactions this week are: 1) Maker DAO – DAI (BNB): +800% 2)Dexe Network – DEXE: +250% 3)Layer Zero – ZRO (Optimism): +200% 4)Aave – AAVE (Polygon): +200% 5) Maker DAO…
Atleta Network, a multi-layer and modular blockchain ecosystem, has announced its partnership with DexCheck AI which offers AI-led tools along with precise on-chain data. The partnership focuses on enhancing the trading experience. In this respect, the collaboration leverages DexCheck AI for AI-driven insights, real-time market data, and analysis. The crypto traders can anticipate a redefined experience as a result of this strategic partnership. Overall, this endeavor underscores a significant development for AI and DeFi realms. 📊 Partnership Announcement: @DexCheck_io x @Atleta_Network!DexCheck is a DeFAI analytics tool, empowering traders with AI-driven insights, on-chain data, and real-time market analysis.🔥 Elevate your trading…
Veteran trader Peter Brandt recently posed a key question that could shape Bitcoin’s next move. In a tweet, Brandt hinted at a potential shakeout in the Bitcoin market, implying that a final “dump” or extended period of sideways trade might occur before a large rally. “The big question in my mind is whether Bitcoin will get one more dump (or more lengthy congestive chop) before the pump. Remember, markets generally do not sour until retail traders get worn out,” Brandt wrote. The big question in my mind is whether Bitcoin will get one more dump (or more lengthy congestive chop)…
US crypto ETFs have registered massive net cash inflows of $655.9 million in the last seven days. That is according to the latest data shared by Phoenix Group today. During this period, spot Bitcoin ETFs registered bigger amounts of inflows worth $588.2 million. Spot Ethereum ETFs also recorded significant net inflows of $68 million over the same duration. Collectively, US crypto ETFs currently manage $136.06 billion in assets under management (AUMs). While Bitcoin funds now control a whopping $124.5 billion in AUMs, Ethereum ETFs AUMs reach $11.5 billion as of today, January 31, 2025. CRYPTOCURRENCY ETFs OVERVIEW (30D) #iShares #FidelityWiseOrigin…