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NFTs see massive drop in trading volume this quarter
NFTs see massive drop in trading volume this quarter

Share link:In this post: NFT trading volume dropped by 45% this quarter amid a consolidation phase. Billionaire Mark Cuban sold $38,533 worth of NFTs after nearly two years of inactivity. The NFT market shows decreased participation and lower average sale prices along with the waning interest.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/

Cryptopolitan·2024/06/26 16:37
Is Base taking over as the go-to blockchain, with over 3.1M daily transactions?
Is Base taking over as the go-to blockchain, with over 3.1M daily transactions?

Share link:In this post: Base is successful both in drawing new users and retaining them. ETH deposits accelerated in the past few months. Base targets developers and prepares to build fault proofs for more decentralized computation.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making a

Cryptopolitan·2024/06/26 16:37
Flash
19:06
Base chain TVL surpasses 4 billion US dollars
Base chain TVL surpasses 4 billion USD, with on-chain asset scale exceeding 12 billion USD, and on-chain sponsored transactions reaching 169 million times.
19:00
Waller: Inflation Risks Now Exceed Employment Risks, Market Focuses on July CPI
On July 7, Federal Reserve Governor Waller stated that the U.S. labor market has stabilized, while inflation is accelerating again. Currently, inflation risks have surpassed employment risks, marking a complete reversal from policy considerations a year ago. He pointed out that last year, rate cuts were supported due to a weak labor market, but now the policy focus should shift back to curbing inflation. The market is currently turning its attention to the June CPI, which will be released on July 14, as it is the last key inflation data before the Federal Reserve meeting on July 28-29. Despite international oil prices falling to around $70 per barrel, Fed officials still expect inflation to be significantly above the 2% target by the end of the year. The market anticipates that the Fed will raise interest rates by September at the latest, with a roughly 25% probability of a rate hike in July, as several officials have signaled further tightening of policies.
18:48
The US government is working to build a strategic bitcoin reserve and cryptocurrency inventory.
The White House stated that the US government is working to establish its Strategic Bitcoin Reserve and cryptocurrency holdings. (Watcher.Guru)
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