Author: NFT Evening

Traditional Markets and Crypto See notable declines The conventional and cryptocurrency markets both suffered significant downturn on January 7, 2025. Stronger-than-anticipated economic data sparked worries about the Federal Reserve postponing its scheduled rate reductions, therefore generating uncertainty in the whole financial industry. Bitcoin Comes Below $97,000 The biggest Bitcoin, plummeted to $96,909, down more than 5% in the last 24 hours. There were notable liquidations in the crypto market resulting from this abrupt drop. Coinglass claims that over one day, around $483.44 million in long positions were sold. Not alone did the sell-off affect Bitcoin; Ethereum dropped over 8%, while…

Meme coins deliver vitality, entertainment, and groups that never stop generating buzz. From Dogecoin leading the charge to young challengers creating waves, these tokens draw interest with their own blend of appeal and promise. Three particularly noteworthy coins—BTFD Coin, Dogecoin, and PENGU—take the stage in January 2025. Every one of them has something interesting; let’s dig deeper and see what makes them unique. Staking Rewards and Major Potential with BTFD Coin BTFD Coin arrived on the meme coin scene rather forcefully. Selling almost 62 billion coins, its presale exceeds $5 million. Through its 90% APY staking payouts, this Ethereum-based currency…

Having over ten years of experience in office, Canadian Prime Minister Justin Trudeau announced his departure from his post. He admitted that internal disagreements had hampered his capacity for good governance, so they were the main cause of his choice. Trudeau said at a news conference, “I plan to quit as prime minister and as party leader when the party chooses a new leader. I cannot be the one bringing the liberal ideal forward into the next election. His leaving represents a major change in Canadian politics and starts conversations about future leadership and its possible influence on many spheres,…

In late 2024, the cryptocurrency market witnessed a historic surge, with Bitcoin surpassing the $100,000 mark for the first time. This milestone triggered a wave of mainstream adoption, with a significant increase in Americans owning digital assets. This rapid growth in crypto ownership continued into 2025, fueled by a growing understanding of the technology and its potential benefits. This report by NFTEvening dives into the reasons behind the cryptocurrency market’s explosive growth in 2025. We surveyed over 1000 US-based residents to explore the factors driving crypto adoption, analyze the changing investor sentiment, and examine the evolving landscape of the crypto…

Bitcoin ETFs provide an easy way to gain exposure to Bitcoin’s market movements without the complexity of owning cryptocurrency directly. In this guide, you’ll discover the best Bitcoin ETFs to buy, the factors to consider when choosing one, and how to effectively invest through a brokerage platform. What Is a Spot Bitcoin ETF? A Bitcoin Exchange-Traded Fund (ETF) allows you to invest in Bitcoin without directly owning the cryptocurrency. So, instead of buying Bitcoin yourself, you purchase shares in a fund that holds the actual Bitcoin. If you want to buy BTC, check out our list of top Bitcoin exchanges.…

The first week of the new year ushered in a series of notable gains across both NFT collections and crypto tokens. Despite the holiday lull, several digital assets defied expectations with strong trading volumes, rising floor prices, and renewed community interest.  On the NFT side, smaller yet dedicated collections turned heads by attracting fresh buyers and pushing average sale prices higher. Meanwhile, meme-inspired cryptocurrencies and established gaming tokens continued to demonstrate the powerful impact of community momentum.  In this rundown, we’ll highlight three standout NFT projects and three crypto tokens that made waves during the final days of 2024 and…

Binance has announced Solv Protocol (SOLV) as the third project on its Binance Megadrop platform. Solv Protocol, a Bitcoin staking protocol focused on building a Bitcoin-centric financial ecosystem, offers users the opportunity to participate in the SOLV Megadrop starting from January 7, 2025, at 00:00 UTC. The Megadrop page is expected to be available on the Binance App approximately 12 hours before the event begins. Following the Megadrop period, Binance will list Solv Protocol (SOLV) on January 17, 2025, at 10:00 UTC, introducing trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY. The seed tag will be applied to SOLV at…

Year-End NFT Market Overview NFTs concluded 2024 on a relatively high note, reaching a sales volume of $8.83 billion for the year according to CryptoSlam. Though that figure surpasses the $8.7 billion recorded in 2023, it still trails behind the market peaks seen in 2021 and 2022, when total NFT volumes ranged between $15.7 billion and $23.7 billion. Despite lower activity compared to those boom periods, the modest year-on-year growth indicates ongoing demand for digital collectibles even in a cooler macro environment. Ethereum and Bitcoin competed head-to-head for the leading blockchain position in 2024’s NFT space, both registering $3.1 billion…

Plans for Metaplanet’s Bitcoin Expansion With an eye toward 10,000 BTC overall, Metaplanet Inc. intends to increase its Bitcoin holdings by 470% this year. This follows an accumulation approach first presented in April 2024. CEO Simon Gerovich said the company will reach its objectives using sophisticated capital market instruments. For the Tokyo-based investment company, CEO Simon Gerovich said 2024 would be a transforming year. The firm strengthened its position as the top Bitcoin Treasury Company in Asia, added new records, and stretched its Bitcoin treasury. This year the company emphasizes execution to give its owners even more value. Based on…

Originally launched as a collection of 8,888 penguin-themed non-fungible tokens, Pudgy Penguins has grown into one of the standout names in the NFT space. It is part of a creative project that combines endearing artwork with a vibrant community of collectors, enthusiasts, and investors. With physical toys emerging and expansion plans underway, this project bridges the gap between digital art, community building, and global recognition in both digital and physical worlds. What is Pudgy Penguins? Pudgy Penguins is a well-known NFT collection featuring 8,888 adorable, penguin-inspired digital collectibles. Each penguin in the set is distinct, with unique traits that make…