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Author: James Wilson
The NFT market is showing strong recovery with sales volume jumping by 22.43% to $107.1 million. According to data from CryptoSlam, the NFT buyer count has increased by 33.82% to 523,950, while NFT sellers have grown by 20.75% to 269,713. NFT transactions have also risen by 22.68% to 1,711,931. The recovery has happened as Bitcoin’s (BTC) price has recovered to the $96,000 level. At the same time, Ethereum (ETH) has shown a 1.6% recovery in the last seven days and is hovering at the $1,800 level. The global crypto market cap is now $3 trillion, up from last week’s $2.97…
The week of April 27 to May 3 saw major crypto funding activity, with total investments reaching $104.7 million across 15 projects. Camp Network and Miden both raised $25 million each. Infrastructure projects dominated this week’s funding rounds. The data also shows continued interest in privacy, AI, and DeFi-focused solutions. Here’s a breakdown of this week’s crypto funding activity as per Crypto Fundraising data: Camp Network Raised $25 million in a Series A round According to Fortune, the investment was backed by 1kx, Blockchain Capital, and OKX Ventures Camp Network has raised over $29 million so far Miden Miden secured…
In a candid 60-second video, Ripple’s Chief Legal Officer Stuart Alderoty explained that the U.S. Securities and Exchange Commission’s decision to drop Ripple’s case underscores a change in the regulator’s approach to cryptocurrency enforcement. “The SEC has not only dropped its appeal against Ripple, they’ve now dropped every case against every crypto company in the United States,” Alderoty stated. ‘Explain what the law is’ Alderoty says the SEC has finally acknowledged what the crypto industry has long argued. Enforcement actions cannot be brought without first establishing clear regulatory guidelines. “You can’t bring enforcement actions for violating the law without first…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and Litecoin show bullish signs, but new token Remittix could outperform both in the payments space. Solana is at around $151.27, and Litecoin is at approximately $89.04. Both assets look set to move higher, but a newer payments-first token, Remittix (RTX), is quietly gaining traction, and most analysts think it might beat the two old-timers. Solana’s on-chain demand is heating up Solana’s active addresses have increased more than three times since January, and DEX trading volumes reliably exceed…
Sui price is slowly forming a bullish flag and a golden cross, pointing to a strong breakout as its funding rate turns positive and decentralized finance assets jump. Sui (SUI) token was trading at $3.40 on Saturday, up by 94% from its highest level in April this year. Third-party data shows that Sui has become one of the fastest-growing players in the crypto industry this year. The amount of assets locked in its decentralized exchange network has jumped by 40% in the last 30 days, to $2.45 billion. This growth has made it the 9th biggest blockchain in the industry,…
Traders turned optimistic this week as Bitcoin surpassed $97,000, paving the way for capital rotation to GameFi, DeFi and Layer 2 tokens. ImmutableX’s IMX token stands out among the rest with double-digit gains on Friday. The native utility token of the gaming platform rallied 10% before erasing gains at the end of the week, and printed over 5% weekly gains. The ImmutableX (IMX) chain addresses the scalability and cost of the Ethereum blockchain. IMX posted over 30% gains in the past month and hovers around key resistance at $0.70. ImmutableX price analysis ImmutableX is bullish on several time frames. The…
The team behind the Melania meme coin has made another token selloff and dumped 9.99 million $MELANIA tokens worth approximately $4.65 million over the past eight days. According to on-chain analyst Ember CN, these sales were conducted through “unilateral liquidity and DCA (dollar-cost averaging) methods.” This continues an overall selling pattern that started over a month and a half ago. MELANIA team nets 170,000 Solana Since March 16, the project team has transferred 41.675 million MELANIA (MELANIA) tokens from community and liquidity addresses and started converting them to Solana (SOL). The total selloff has netted the team 170,000 SOL, valued…
President Donald Trump and his family are generating billions from cryptocurrency, according to a new report from State Democracy Defenders Action. The nonprofit organization, which claims to be “fighting autocracy,” estimates that nearly 40% of Trump’s net worth now comes from digital assets, totaling around $2.9 billion. That crypto windfall stems from Trump’s personal memecoins, Official Trump (TRUMP) and Melania (MELANIA), and a sizable stake in World Liberty Financial (WLFI), a Trump-affiliated crypto exchange launched in 2024. While the group behind the study describes itself as nonpartisan, it’s led by longtime critics of the president. Still, the numbers are eye-popping.…
A publicly-traded logistics firm has struck a $20 million deal with an institutional investor to purchase Official Trump memecoins, becoming one of the first companies to anchor its digital asset strategy around the U.S. president’s controversial crypto business. Freight Technologies CEO Javier Selgas pitched the move as part of an effort to grow U.S.-Mexico commerce—though how a memecoin fits into supply chains remains unclear. The investment also comes as the U.S. Office of Government Ethics examines whether President Donald Trump violates federal ethics rules by offering exclusive access to his coin’s top investors. What Is Fr8Tech? Freight Technologies, which refers…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Codename:Pepe enters the bull market buzz with AI-powered memecoin tech, aiming to rival PEPE’s explosive rise. A fresh contender in the crypto space is gathering attention. With ambitions akin to the legendary PEPE coin’s meteoric rise, this new player, known as Codename:Pepe, is causing a buzz. In a market already in the midst of a bull run, its mission promises a staggering surge potential. Codename:Pepe distinguishes itself by leveraging artificial intelligence. It’s designed not just to mimic success but…