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Showing posts with the label market trend

NFT Sales Fall 13% To +$127M This Last Week Of August

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The non-fungible token market has plunged in trading sales volume and floor prices this last week of August. In the past seven days, the global NFT market has raised a trading sales volume of over $127 million, down over 13% from the past week. This recent negative growth indicates the global NFT market cooled after experiencing a resurgence late last month and earlier this month. NFT Sales Fall +13% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer tracking non-fungible token collections from over 20 NFT blockchains, indicates that the non-fungible token market has plunged again this week. From August 25 to August 31, the non-fungible token market raised a trading sales volume of +$127 million. During this time, the NFT trading sales volume has plunged by 13% from the past week. Source: CryptoSlam.io Ethereum, the blockchain network renowned in the NFT market for hosting the majority of...

Solana Breaks Out Of Ascending Triangle: Is $300 The Next Stop?

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Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge

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Bitcoin Dominance Holds Altcoin Season At Bay, Analyst Says No Upside Until This Happens

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Ethereum Price Eyes 38% Jump To $3,500 As 50EMA Swims Into View

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Ripple: WisdomTree Officially Files S-1 For Its Spot XRP ETF

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Asset manager WisdomTree has officially submitted its S-1 filing for a spot XRP ETF (Exchange Traded Fund). The development marks a significant milestone for the cryptocurrency industry. Ripple’s XRP token has surged following the ETF filing. https://twitter.com/watcherguru/status/1863548788654084452?s=46 Also Read: Shiba Inu: SHIB On Track To Claim $0.00005, Here’s When? XRP Begins To Rally? The cryptocurrency market is facing a slight correction. Bitcoin (BTC) is facing significant resistance at the $96,000 level. Ripple’s XRP token, on the other hand, is defying the market trend. The asset is up by 20.3% in the daily charts, 54.9% in the weekly charts, 102.1% in the 14-day charts, and 351.6% over the previous month. The asset’s price has also risen by 276.3% since December 2023. Source: CoinGecko Also Read: Currency: What’s Happening With Indian Rupee And The US Dollar? XRP’s latest rally has led to the asset breaching the $2 mark for the first time since Janu...