InsideBitcoins

The non-fungible token market is going through another phase of a downturn, with trading sales volumes and floor price value dropping to their weakest levels since 2024. Despite the overall decline, the global non-fungible token market continues to showcase signs of resilience in this first quarter of 2025. Below, we have listed some of the top-selling non-fungible token collections this week:

1. Pudgy Penguins NFT Collection

Pudgy Penguins, a globally acknowledged non-fungible token collectio

A battle for the lucrative meme coin market is heating up as Solana launchpad Pump.fun takes on Raydium with the launch of its new decentralized exchange (DEX), PumpSwap.

The launch, announced in a March 20 thread on X, comes hard on the heels of Raydium’s announcement that it is launching a competing meme coin generator, LaunchLab.

Pump.fun had previously used Raydium to migrate coins when their value passed a certain threshold.

All Meme Coins That Complete Their Bonding Curve On Pump.Fun Wi

The digital asset management firm Canary Capital has filed an application before the United States Securities and Exchange Commission (SEC) seeking to launch an exchange trading fund (ETF) for $PENGU and Pudgy Penguins non-fungible token collection. In response to the ETF application, the trading sales volume for Pudgy Penguins NFTs has surged over 160% from the past day.

Today, $PENGU and Pudgy Penguins NFTs were included in an ETF filing by Canary Capital. pic.twitter.com/GaqMsa3zhg

— Igloo

Metaplanet stock surged more than 17% after the Japan-based investment firm announced Eric Trump would join its Strategic Board of Advisors.

”His business acumen, love of the Bitcoin community and global hospitality perspective will be invaluable in accelerating Metaplanet’s vision of becoming one of the world’s leading Bitcoin Treasury Companies,” Metaplanet’s CEO Simon Gerovich said of US President Donald Trump’s son in a March 21 announcement on X.

Metaplanet is aggressively expanding its B

LG, a multinational conglomerate and consumer electronics corporation, has shut down its non-fungible token marketplace barely three years after launch. The announcement comes just less than six months after Kraken, one of the leading crypto exchanges, closed its non-fungible token marketplace. In this article, we shall assess some of the factors that have led to LG’s exit from the NFT market.

LG Exits The NFT Market

In a March 20 site publication, LG Electronics confirmed plans to shut down i

Crypto exchange Bitnomial has dropped its lawsuit against the US Securities and Exchange Commission (SEC) ahead of the launch of XRP futures.

According to a March 19 statement shared on X, the crypto exchange’s XRP futures are regulated by the Commodity Futures Trading Commission (CFTC) and will be made available starting today for current users.

Bitnomial Drops SEC Lawsuit, Citing Regulatory Clarity

Bitnomial’s decision came after the SEC dropped an appeal in its Ripple lawsuit

Back in Augu

President Donald Trump said that crypto industry innovation is poised to “unleash an explosion of economic growth” and help it expand US dollar dominance.

Speaking in a recorded video to the Digital Asset Summit, Trump said he’s creating a legal framework that will liberate institutions to ”invest, innovate and take part in one of the most exciting technological revolutions in modern history.”

Those innovations will help improve the banking and payments systems, while dollar-backed stablecoins

Polygon, a renowned scaling solution network on Ethereum, has surpassed the giant blockchain networks Bitcoin, Solana, and Mythos Chain in terms of daily sales volume. In the past 24 hours, the Polygon-based non-fungible token series has raised a trading sales volume of $2.8 million, up over 140% from the past day. In this article, we shall explore some of the factors fueling the recent Polygon NFT market growth.

Polygon Pumps 140% In Daily NFT Sales Volume

Data fetched by cryptoslam.io, an on

Backpack, the digital assets incubation studio and the team behind the popular Mad Lads non-fungible token collection, has teased a new non-fungible token project. This highly anticipated project is slated to be revealed this Friday. In response to this teaser, the Mad Lads has seen its floor price pumping from as low as 49.7 SOL to as high as 55.0 SOL, the highest since January 2025.

Friday. @Backpack . pic.twitter.com/eA18T4953M

— Mad Coach◎🎒(Ø,G) (@SolanaCoach) March 19, 2025

Backpack Tea

The EOS Network that launched during the 2018 initial coin offering boom has rebranded to Vaulta as part of its pivot to focus on Web3 banking.

In a March 18 statement, the company said that the switch to Valuta is scheduled for the end of May. The rebranding will include a new token. An advisory group known as the Vaulta Banking Advisory Council will also be established to help the firm move in its new direction.

EOS Token To Transition To The Vaulta Token

In another statement, the company s

Magic Eden, one of the largest cross-chain non-fungible token market platforms, has launched a quest that allows its lucky marketplace users receive the upcoming $PAWS airdrop. This highly anticipated token will be listed today, March 18, 2025. The $PAWS airdrop is an exciting opportunity for crypto and NFT users to earn rewards based on their activity within the Telegram mini-app ecosystem and blockchain.

Magic Eden Launches A Crypto Quests

In a March 18 blog post, Magic Eden confirmed that i

Canary Capital has filed for a proposed Sui ETF (exchange-traded fund) with the US Securities and Exchange Commission (SEC).

In a March 17 Form S-1 filing with the US regulator, the crypto investment firm requested to list the Canary SUI ETF. The filing did not include information regarding which exchange the proposed ETF would be traded on or what its proposed ticker symbol would be.

SUI ETF Filing Is Canary Capital’s 6th Proposed Crypto ETF

The Canary SUI ETF is the 6th crypto fund proposed

US Spot Bitcoin ETFs (exchange-traded funds) recorded their best net daily inflows in 6 weeks as traders and investors prepare for the upcoming Federal Open Market Committee (FOMC) meeting.

The BTC funds saw $274.6 million enter their reserves collectively yesterday, marking the best net daily inflows since Feb. 4, according to data from Farside Investors. 

That comes as the FOMC’s two-day meeting commences today. Investors and traders are now waiting to see if interest rates will be hiked, sl

The global non-fungible token market has shown signs of resurgence, with its daily sales volume and other trading activities increasing. In the past 24 hours, the non-fungible token market has amassed a trading sales volume of $18 million. During this period, the non-fungible token trading sales volume has surged by +80% from the past day. Below, we shall explore some of the factors fueling the recent market resurgence.

NFT Sales Rise +80% In The Past 24 Hours

Data compiled by cryptoslam.io, a

The once-booming non-fungible token market is down by nearly all trackable metrics. In sectors from art to gaming, trading sales volume and floor price values for NFTs have plunged by about 90%. In the past several weeks, the trading sales volume has fallen below the $20 million mark. In this article, we shall explore the Union Build protocol and how it can be a game-changer in the global NFT market.

This will be interesting to see. NFTs + Union is another step in crypto tech that will be revol

A Bitcoin whale who placed a huge bet on a drop in the BTC price has doubled down on the trade as markets brace for key economic data this week.

The whale initially opened a 40x leverage short position for over 4,442  BTC, valued at more than $368 million, according to data from Hypurrscan.

In the last 24 hours, the whale has added to the position, with the total BTC in the short trade standing at more than 5,199 coins, worth over $432.7 million, as of 1:18 a.m. EST.

Bitcoin Whale Sitting On

Planetarium Labs, the web3 gaming company and the team behind the popular Immortal Rising II non-fungible token game, has announced plans to launch its highly anticipated Immortal Statue non-fungible token collection this week. The Immortal Rising II game creator announced its NFT collection earlier this year. In this article, we shall look extensively at this Immortal Statue NFT collection.

Immortal Statue NFT Series Is Minting This Week

In a March 17 blog post, the Immortal Rising II team co

Candy Digital, the next-generation non-fungible token company and brand engagement platform, has announced plans to launch a new non-fungible token collection. The now highly anticipated NFT collection will launch next week on March 18th, 2025. The NFT collection will feature six baseball superstars participating in Japan’s upcoming Major League Baseball (MLB) 2025 Tokyo Series.

Candy Digital Launches 2025 Tokyo Series ICONs NFTs

In a March 14 blog post, Candy Digital confirmed plans to launch

XRP stands out with an impressive 1,370% growth over just three years. Its utility derives from nearly instantaneous and inexpensive cross-border financial transfers between digital wallets. Each transaction burns a small amount of XRP, gradually reducing supply and boosting value.

The cryptocurrency enables the tracking and trading of real-world assets, including U.S. Treasuries, on blockchain technology. XRP’s upcoming automatic market maker functionality promises optimal settlement prices fo

A top Democrat urged the US Treasury Department to halt the setting up of a Strategic Bitcoin Reserve by President Donald Trump, saying it will ”enrich the President and his donors.”

“Such a reserve provides no discernible benefit to the American people,” wrote House Representative Gerald E. Connolly of Michigan in a March 13 letter to Treasury Secretary Scott Bessent.

He added that the plan, called the ”dumbest idea ever” by a Federal Reserve official, would waste taxpayer dollars.

Trump’s S