The NFT market is rebounding with $800M in monthly sales and positive sentiment, led by Pudgy Penguins’ memecoin PENGU.
Author: Victor Koetter
Victor Koetter
Victor has been actively involved in the crypto scene since 2019 and sees great potential in the possible applications of the technology and the resulting innovations. At the Crypto Valley Journal, he is responsible for the coverage of the topics NFTs & Metaverse. In 2021, he also co-founded the Swiss NFT Association. The association forms a knowledge hub around the topic of NFTs and organizes regular informative events.
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US Court overturns OFAC sanctions on Tornado Cash’s immutable smart contracts and set a new precedent for blockchain regulation.
The NFT project Pudgy Penguins is set to launch its PENGU token on the Solana blockchain, expanding its ecosystem to another blockchain.
The NFT market shows signs of revival with Yuga Labs and other projects, announcing new developments and strategic partnerships.
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Chainlink’s “Golden Record” optimizes corporate data via AI and blockchain, used by the likes of Franklin Templeton, UBS and Vontobel.
Today’s US presidential election pits Donald Trump against Kamala Harris, with the outcome potentially impacting the crypto market and blockchain adoption. Trump has positioned himself as pro-crypto, while the Democrats have taken a more conservative stance. Under a Trump presidency, regulatory easing is expected. This is likely to cause a rally in bitcoin prices, potentially pushing it beyond its previous all-time high. A Harris win is likely to cause a short-term market disappointment, as the current Democratic regime has been hostile to blockchain-related innovation, as evidenced by the SEC’s crackdown on many US registered blockchain entities, such as Ripple, Opensea,…
Visa and Coinbase have partnered to offer instant crypto deposits and withdrawals via Visa debit cards, enhancing crypto convenience.
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Hedge fund manager Paul Tudor Jones warns of unsustainable U.S. debt, predicts inflation, and advises diversifying into Bitcoin and gold.
Memecoins are gaining market traction despite high volatility and lack of fundamental value, mainly driven by community engagement.
The Solana token launch platform pump.fun reached $100M in revenue and released over 2M meme coins since its launch in January 2024.
Franklin Templeton and Citibank explore Solana’s blockchain for tokenized financial products and cross-border payments.
Solana remains stable despite FTX/Alameda transfers, with advancing innovations such as the Seeker mobile and the Firedancer client.
The NFT market is rebounding with $800M in monthly sales and positive sentiment, led by Pudgy Penguins’ memecoin PENGU.
Bitcoin reached a historic $100K milestone, altcoin season, and record liquidations take place, while institutional demand increases.
