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The global non-fungible token market exhibits cyclical behavior, with “seasons” characterized by periods of strong interest and activity followed by periods of cooling and reassessment. This market pattern is often influenced by various factors, including geopolitics, negative crypto market sentiment, media coverage, and the underlying value proposition of specific non-fungible token projects. The NFT market has experienced a significant downturn in the past four months, primarily due to a combination of factors, including declining investor interest, falling cryptocurrency prices, and market saturation. Fortunately, the non-fungible token buying spell has started building up, with top NFT coins leading the recent surge. NFT coins are the native coins or tokens of a specific NFT ecosystem. Below, we have listed some of the top-selling NFT crypto coins in the NFT market. 1. FLOKI FLOKI, a utility token that forms the backbone of the Floki Ecosystem, is this week’s to...

Meme coins are evolving from joke coins into cryptocurrencies with utility. Shiba Inu and Floki lead the adoption among top meme coins. Meanwhile, the new Rebel Satoshi Arcade is on a journey to transform blockchain games. The meme coin space has seen tremendous growth over the last few months. Emphasis has gradually shifted from the hype and community drive to meme coins that offer utility. Shiba Inu leads the charge, with Shibarium recording over 1.39 million wallet addresses. Meanwhile, Floki has revealed plans to offer regulated banking accounts to its users. Also, Rebel Satoshi Arcade, one of the new meme tokens, is leading the charge for utility, introducing an exciting gaming ecosystem. Rebel Satoshi Arcade (RECQ) decentralizing blockchain gaming Rebel Satoshi Arcade (RECQ) is one of the new meme coins challenging the traditional notion of what a meme coin should be. While traditional meme coins are created as a joke or for fun, Rebel Satoshi Arc...

One rival of smart contract platform Ethereum (ETH) is shifting its culture to focus on promoting tokens it says are inspired by internet culture and humor. In a new announcement, layer-1 blockchain Avalanche (AVAX) says that it intends to start promoting its Culture Catalyst initiative, which launched last year and aims to support meme coins , gas tokens, non-fungible tokens (NFTs), stable coins , Real World Assets (RWA), and governance coins . “Last year, the Avalanche Foundation launched Culture Catalyst, a program aimed at empowering creators, sparking innovation, and propelling the adoption of blockchains. This initiative seeks to better position Avalanche to cultivate and support the many new forms of creativity, culture, and lifestyle that blockchain enables.” Avalanche says it plans on purchasing select AVAX-based meme assets to start a collection, and says it will be choosing the tokens based on a combination of factors, including but not limited to its...

Binance CEO Changpeng Zhao resigns and pleads guilty. Binance delisting of 10 major coins as regulatory response. Binance restructures leadership and commits to compliance. Binance, the world’s largest cryptocurrency exchange, is making significant moves in response to a groundbreaking settlement with the US Securities and Exchange Commission (SEC). The exchange has announced the delisting of 10 major trading pairs, including notable cryptocurrencies such as Aptos (APT), Axie Infinity (AXS), and Filecoin (FIL). Changpeng Zhao’s resignation and $4B Penalty In a surprising turn of events, Binance founder Changpeng Zhao, commonly known as CZ, has decided to step down from his role as CEO in the wake of a comprehensive settlement with the SEC we reported earlier. The settlement stems from criminal charges against Binance , including breaking sanctions and money-transmitting laws. As part of the deal, CZ has pleaded guilty to charges related to ...

Cardano (ADA) and Tron (TRX) are established projects that are currently stable. Meanwhile, a new play-to-earn (P2E) meme coin project, Kangamoon, has captured investor attention. Summary: ADA recently recovered above $0.25. TRX is bullish; the RSI reading is above 47.01 Kangamoon’s no-tax model places the project ahead of emerging P2E games. Cardano is building momentum ADA is steadying, recovering, and trading above $0.25, adding 6%. You might also like: Cardano’s Hoskinson foresees ADA surpassing Bitcoin  While Cardano is still down around 2% for the month, over 30% versus its July highs around $0.38 and over 45% since April’s yearly highs above $0.46, its latest rebound has propped its market cap. Contraction in ADA prices is tied to dropping decentralized finance (defi) activity and concerns about how the United States Securities and Exchange Commission (SEC) has classified the token. Tron prices bullish TRX’s value has plummeted since i...

MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin. The company now holds 158,245 bitcoins acquired for a total of $4.68 billion. MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added to its Bitcoin (BTC) haul again. In crypto news shared on Monday by Michael Saylor, the company’s founder and chairman, MicroStrategy recently acquired an additional 5,445 bitcoins to bring its total BTC holdings to over 158k. MicroStrategy now holds 158,245 bitcoins According to a filing with the US Securities and Exchanges Commission (SEC), MicroStrategy purchased the BTC for $147.3 million, acquiring each coin at the average price of $27,053. Per the document, the company now holds 158,245 BTC, which was cumulatively acquired for $4.68 billion. The average price of the entire acquisition is $29,582 per bitcoin. Saylor shared the news on his official X account on Monday. ...

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency industry has had a long history with betting and gambling, with some chains, like Tron, being the major gambling hubs. Betting on political events using digital assets has been particularly popular as of late, especially now that the new US presidential race has kicked off. The United States will elect a new president in 2024, and the crypto industry is investing in cryptocurrencies that emerged recently, named after the new candidates. These so-called shit coins have attracted a lot of traffic on DEXes, where listing them is a shorter and less complex process. Uniswap, for example, recently saw several new cryptos tied to the candidates, including the DONALD (TRUMP) token and President Ron DeSantis (RON) token. Both new cryptocurrencies are based on Ethereum, launched as ERC-20 tokens. DEXTools, a decentralized exchange data and Analysis tools platform for traders, has revealed se...

On Monday, Andrew Tate , the infamous former kickboxing champion who is now facing charges in Romania for money laundering, organized crime, and human trafficking, tweeted a ticker for a Crypto token that launched just 15 minutes later. In depressingly predictable fashion, it pumped. The token, which boasted the ticker ‘SLUTS,’ has since shed 99% of its value and now has a market cap of up to $140,000. Tate denied that he’d pumped this coin and claimed that he was only joking. Obviously wanting to make his ‘no-shitcoin’ stance clear, Tate tweeted again, this time a video saying he doesn’t endorse them and never will. And, just in case we missed that, he sent out another reminder today. However, despite his vehement protests, there’s no escaping the fact that, back in 2021, he heavily hyped a dog meme token called Floki Inu . An investigation by Altverse uploaded to YouTube shows that Tate promoted Floki heavily in late 2021. He tweeted th...

The cryptocurrency markets have picked up significant steam in 2023. Bitcoin (BTC), the original crypto, has rallied nearly 80% this year, with a 24% spike in March alone. Ethereum (ETH), on the other hand, has made gains of up to 76% year-to-date. Profits made by the crypto industry far outshine traditional assets, as global financial issues continue to hold firm. According to a report by Bernstein, macro catalysts are moving more toward Bitcoin (BTC), amid weakness in the U.S. regional banks and deposit outflows toward money market funds. As per Bernstein’s report, the collapse of FTX was the catalyst for a new bull cycle. The report mentioned that the collapse cleaned the final batch of “toxic crypto leverage.” According to the report, the cryptocurrency exchange’s crash showed investors the value of decentralization and self-custody wallets. Nonetheless, Bernstein added that the current cycle is not fully appreciated. However, the report indicated that this will be th...

The 'Google of Blockchain' - The Graph (GRT) has kicked off 2023 with a sensational rally. After a slow bleed out from the 2021 Bull Run - this top 100 coin is on the come back. Cascading price action throughout 2022's GRT death slide finally bottomed out at $0.05 on Dec 30. Macro sentiment spurred initial price action for GRT. Markets were invigorated by surprise dovish tone from the Fed and as the S&P500 began to rise - so did crypto. January uptick was unremarkable compared to GRT's past performance on the markets. Yet, as Bollinger bands widened throughout the month - many price levels began to give way. TradingView/ GRTUSDT By the end of January GRT had posted a 67% gain. And more importantly had established an area of local support at $0.08 - $0.09. The first weekend of February saw GRT skyrocket with a bang. Big green candles rocked up on the chart on February 4 as market Alt Season started to take hold. A whopping weekend - which tore thr...

S table coins such as Tether’s USDT or Binance’s BUSD have become incredibly popular in the last couple of years. Binance’s BUSD s table coin has gained a market cap of $22 billion in just a few years of existence. S table coins have become an important instrument in the crypto space. Veteran trader Peter Schiff believes that the s table coin market cap will soon exceed that of Bitcoin (BTC). With the market capitalization of all #crypto tokens below $793 billion, the value of the two largest dollar-backed s table coins represents 14% of the market. That's 80% of the value of #Etherum, the 2nd largest. Soon the value of s table coins will exceed the value of #Bitcoin. — Peter Schiff (@PeterSchiff) November 21, 2022 Now Schiff does have an interesting argument, but still, beating the original crypto is no easy task. Will the stablecoin market cap exceed that of Bitcoin? Firstly, there are a lot of gears at work which has resulted in stablecoins...

On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $60 Million Worth of 11-Year-Old Bitcoins Move Amid the Crypto Market Rout A large string of so-called ‘sleeping bit coins ’ moved on Friday morning (ET) after remaining idle for more than 11 years. The 3,500 BTC worth over $60 million stemmed from seven different BTC addresses created on Oct. 7, 2011. It is the first large string of decade-old sleeping bit coins to wake up in months. The 3,500 bit coins from 2011 were caught by Btcparser.com, and the owner of the seven different addresses did not spend any of the corresponding bitcoin cash (BCH) or bit coins v (BSV) tokens associated with the bit coins . The first 500 bit coins from the batch of 3,500 derived from the address “1roet,” and it was confirmed at block height 762,676. The BTC addre...