CryptoBlog n.2228
🖼 NFT Sales Rebound on Major Blockchains After Prolonged Decline After declining throughout 2024, the weekly sales volumes of non-fungible tokens (NFTs) on some of the leading blockchains for digital collectibles have finally turned positive. Data from CryptoSlam revealed a notable uptick in sales across several top NFT platforms, signaling a potential resurgence in the market. NFTs on the top five blockchains experienced a strong performance over the past week. Polygon led the charge with an impressive 123.20% increase in seven-day sales, marking a significant recovery.
CryptoBlog n.2227
Brazil’s Supreme Court has ordered the immediate and full suspension of X after Elon Musk refused to name a legal representative for the firm. The court has ordered X to be taken down within 24 hours, mandated app stores to comply within 5 days, and imposed daily fines of $8,874 for anyone using a VPN to access X. In response, Elon Musk said the "oppressive regime in Brazil is so afraid of the people learning the truth that they will bankrupt anyone who tries.”
CryptoBlog n.2226
💰 Bitcoin accumulation addresses see steady rise Bitcoin’s accumulation addresses have experienced a notable decline in 2024. Historically, these addresses steadily increased, reflecting long-term holder confidence as Bitcoin’s price appreciated over the past decade. By 2022, accumulation addresses almost surpassed 800,000, growing further in 2023 to a peak of around 846,000 at the start of 2024.
CryptoBlog n.2225
India is investigating Telegram for alleged criminal activity, including extortion and gambling, with potential blocking pending the investigation's outcome. The probe does not involve IT rule violations, as an official confirmed the platform is compliant.