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Showing posts with the label ethereum network

Top Selling NFTs This Week – Kaito Genesis NFTs Rise In Rankings

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The non-fungible token market, once defined by its rapid rises and abrupt declines, is slowly stabilizing. In recent weeks, the NFT market has recorded healthy positive growth, driven by renewed expectations of crypto-friendly regulations and growing investor interest following former President Donald Trump’s re-election. In this article, we have listed some of the most-selling NFTs this week. 1. Pudgy Penguins NFT Collection Pudgy Penguins, a non-fungible token collection from the digital asset incubation studio and toy brand Igloo featuring a limited set of 8,888 penguin birds hosted on the Ethereum network, has been the dominant NFT collection in the global NFT market this week. In the past 24 hours, the Pudgy Penguins NFT collection has raised a trading sales volume of $2.4 million. The Pudgy Penguins NFT collection has a market cap of $731 million and a floor price of $82,282. 2. Azuki NFT Collection Azuki, a globally acknowledged non-fungible token collection from the di...

Coinbase Suspending Wrapped Bitcoin (wBTC) Trading as cbBTC Surges

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The largest cryptocurrency exchange in the United States, Coinbase, has announced that it is suspending the trading of wrapped Bitcoin (wBTC) as its own cbBTC offering continues to rise in value. In a post to X (formerly Twitter), the exchange announced that the suspension comes as part of a compliance review for the cryptocurrency. The exchange notes that the asset will be suspended on December 19th, around 12pm ET. The move is a regular monitoring practice, as the firm looks to affirm all listed tokens “meet our listing standards.” Moreover, the rise of Coinbase’s own wrapped Bitcoin option has undoubtedly played a part in the decision. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET. — Coinbase Assets ️ (@CoinbaseAssets) November 19, 2024 Also Read: Coinbase Officially Lists the Meme Coin PEPE Coin...