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Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines

In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0% […]

UNI Defies Market Sentiment as SEC Closes Uniswap Labs Investigation

The US Securities and Exchange Commission (SEC) has officially closed its investigation into Uniswap Labs without taking any enforcement action. The decision to drop the investigation solidifies a shift in the SEC’s approach under its current leadership, which has been reassessing enforcement actions across the crypto industry. SEC Ends Uniswap Probe During Gary Gensler’s tenure […]

New Research Model Sheds Light on Cryptocurrency Market Drivers 

The new study has delved into cryptocurrency prices, particularly bitcoin, revealing that markets are significantly influenced by both conventional financial factors and crypto-specific factors. The paper by Austin Adams from Uniswap Labs, Markus Ibert from the Copenhagen Business School Department of Finance, and Gordon Liao from Circle Internet Financial was published earlier this week. New […]