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Top 5 Ethereum NFT Collections Ranked By Market Cap: A Snapshot Of The NFT Market

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As the NFT market continues to evolve, several standout collections on the Ethereum blockchain are making waves. Coingecko’s recent ranking by market cap highlights the top performers in this space. Here are the top 5 Ethereum-based NFT collections: 1. CryptoPunks Widely regarded as the original NFT collection, CryptoPunks was launched in 2017 with 9,000 out … Read more

$CELO Surges 19.6% As Vitalik Buterin Highlights Its Growth And Transition

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$CELO, the native token of the Celo blockchain, saw a remarkable 19.6% surge today, climbing to $0.63. The spike follows praise from Ethereum co-founder Vitalik Buterin, who acknowledged Celo’s growth and its ongoing transition from a Layer 1 (L1) to a Layer 2 (L2) blockchain. Price Action: $CELO (@Celo) is up 19.6% today to $0.63, … Read more

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

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In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than … Read more

‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals

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Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. … Read more

BLUR Unlocks Another 39.46 Million Tokens, Continues Flow To Coinbase Prime

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BLUR’s monthly token unlocking event has come around once again, with 39.46 million BLUR tokens, valued at $6.94 million, unlocked and transferred from the Blur unlocking contract to the 0x0A0 multi-signature address just 7 hours ago. Following previous patterns, this address performed a small deposit test into Coinbase Prime, suggesting that these BLUR tokens will … Read more

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

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East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes … Read more

Circle Partners With Sony to Introduce USDC on Soneium

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Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange. … Read more

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

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Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed … Read more