Speculative Trading on NFTs and Bitcoin on the Rise: On-Chain Indicators for Retail Participation in Cryptocurrency Markets

Speculative Trading on NFTs and Bitcoin on the Rise: On-Chain Indicators for Retail Participation in Cryptocurrency Markets

Speculative trading on-chain, involving inscriptions on bitcoin or transactions with NFTs on ether, is a retail participation indicator. High fee levels in bull markets suggest increased on-chain speculation, as seen in the 2021 market peak. Currently, NFT gas usage on ether is only at 2%, compared to 40% in 2021, according to Glassnode data. This … Read more

South Korean Watchdog And US SEC To Tackle NFTs Classification: Meeting Scheduled for May

South Korean Watchdog And US SEC To Tackle NFTs Classification: Meeting Scheduled for May

South Korean Regulator And US SEC Set To Ignite NFTs And Bitcoin ETFs In May, Details Inside South Korea’s FSS Chairman is set to meet with the SEC Chairman in May to discuss the classification of NFTs and approval of spot Bitcoin ETFs. NFTs, providing unique certificates of authenticity for digital assets, are gaining popularity. … Read more

SBI Holdings Launches EXPO 2025 NFTs on XRP Ledger: A Major Advancement in NFT Adoption

SBI Holdings Launches EXPO 2025 NFTs on XRP Ledger: A Major Advancement in NFT Adoption

SBI Holdings To Launch XRP Ledger NFTs At EXPO 2025 SBI Holdings, a financial giant in Japan and a partner of Ripple, is planning to issue Non-Fungible Tokens (NFTs) on the XRP Ledger for the upcoming EXPO 2025 in Osaka, Japan. This initiative represents a significant step in the adoption of NFTs and blockchain technology … Read more