Top 3 NFT brands sales grew 381% in February

NFTs had their best month ever in February, according to a report by DApp statistics trackers at DappRadar. Sales volume from the top three platforms grew to $342 million in February, up almost 400% from the $71 million recorded the month before. Sports memorabilia platform NBA Top Shot dominated the sector and is now responsible for 67% of total NFT transaction volume. The other NFT DApps in the top three are OpenSea, a general crypto collectibles market and CryptoPunks, an Ethereum-based collectibles series. CryptoPunks generated all-time high sales of $79M…

Bitcoin price ‘macro top’? Not so fast — data shows the real FOMO isn’t even here

Bitcoin (BTC) bears thinking that $58,000 was this cycle’s top will be sorely disappointed, fresh investment data from past bull markets shows. Compiled by on-chain analytics resource Whalemap, statistics covering BTC buys of between $5 million and $7 million conclude that even at recent all-time highs, Bitcoin was far from a “macro top.” “No FOMO in sight” for BTC During the 2017 and shorter 2019 bull market, Bitcoin saw mass buy-ins of a similar size — $5-7 million.  When investments of that amount hit a peak, price action began to…

An SEC Ripple Effect Leaves XRP Sliding the the Crypto Top 10

XRP is unsurprisingly lagging behind the rest of the incredibly bullish crypto market and altcoin space. The SEC’s charges against Ripple executives asserting that the token itself is an unregistered security have harmed any chance of upward momentum. It has also caused the altcoin to sink further and further down the ranks of the top ten crypto assets by market cap, less so because of sellers dumping XRP, but because other coins are flying so high and leaving Ripple behind. Here’s what the current top ten looks like and how…

Top 3 DeFi lending protocols exceed $20B in deposits

There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year. DeFi’s leading three lending protocols have amassed approximately $20 billion according to Dune Analytics. A Messari research report into valuing these platforms suggests they’re on track to generate in excess of half a billion in interest annually. Maker, Compound Finance, and Aave have all seen record levels of lending deposits as crypto yield farmers seek exponentially better returns than traditional banks can offer. Messari posted on Twitter: “The top three lending…

Top bidder at Ultraviolet NFT auction can collaborate with 3LAU on new music

Famed musician, producer, and Cointelegraph Top 100 awardee 3LAU has announced an upcoming NFT auction celebrating the three-year anniversary of his 2018 album Ultraviolet. The highest bidder will be able to collaborate with 3LAU on a new track. 3LAU’s “Ultraviolet Vinyl NFT Collection” is scheduled to be auctioned over two days from Feb. 26 on Origin Protocol’s decentralized e-commerce platform, Dshop. Auction participants will have the chance to bid on 33 one-of-a-kind “Vinyl NFTs” that are redeemable for exclusive access to unreleased music, special edition vinyls, and unique fan experiences.…