NFT minting accelerated even as buyers spent less, pushing the market toward a high-volume, low-price dynamic. The non-fungible token (NFT) market expanded in total supply, but saw significantly lower sales in 2025 compared with previous years. CryptoSlam data shows that the total number of NFTs in circulation climbed to more than 1.34 billion this year, marking a 25% increase from the one billion supply in 2024. The increased supply came in parallel with falling sales. According to CryptoSlam data, NFT sales reached about $5.63 billion in 2025, down by about 37% from the $8.9 billion recorded last year. Average sale prices also declined year-on-year, slipping to $96 from $124. Read more
Bitwise is seeking SEC approval for 11 single‑token “strategy” ETFs tied to major altcoins, expanding its product shelf deeper into the altcoin market. Crypto fund manager Bitwise has filed with the United States Securities and Exchange Commission (SEC) to launch 11 single‑token “strategy” crypto exchange‑traded funds (ETFs), extending the company’s crypto ETF footprint deeper into the altcoin market. The proposed funds would offer targeted exposure to assets including Aave (AAVE), Uniswap (UNI), Zcash (ZEC), Bittensor (TAO), Sui (SUI) and Near (NEAR), among others, giving investors a regulated route into tokens that so far have mostly traded on crypto exchanges. According to the filing, each product is designed as a “Strategy ETF” rather than a plain spot vehicle, following a rules‑based playbook for how it gets exposure to the underlying asset. Read more
A Coinbase executive said changes to the GENIUS Act could weaken US dollar stablecoins as China moves to boost the digital yuan by allowing interest-bearing wallets. A senior executive at Coinbase warned that changes to the US stablecoin framework could weaken Washington’s position in the global race for digital payments, just as China moves to make its central bank digital currency (CBDC) more competitive. In a post on X, Faryar Shirzad, Coinbase’s chief policy officer, said the debate over whether US-issued stablecoins can offer “rewards” under the GENIUS Act could hurt US dollar stablecoins’ global competitiveness. He pointed to a recent announcement from China’s central bank as evidence that rival financial systems are moving quickly to enhance the appeal of state-backed digital money. The People’s Bank of China, China’s central bank, this week outlined a framework that will allow commercial banks to pay interest on balances held in digital yuan wallets starting Jan. 1, 2026. Lu Lei, a deputy governor at ...
Ethereum transactions were the most costly in May 2022 when fees were over $200 per transaction on average. They have been declining since. The Ethereum mainnet clocked 2.2 million transactions in a single day in a new record this week, while fees have fallen to just 17 cents on average. The layer-1 blockchain recorded its new transaction milestone on Tuesday, according to block explorer Etherscan. Transaction fees have also dropped considerably over time. The highest transaction fees on Ethereum were recorded in May 2022, when users had to spend over $200 per transaction. Read more
Google Trends search for “Bitchat” in Uganda shows a spike from 0 to 100 on Wednesday, the day after opposition leader Bobi Wine urged people to download it. Ugandan politician and opposition leader Bobi Wine is encouraging his constituents to download Jack Dorsey’s decentralized peer-to-peer messaging service, Bitchat, in the lead-up to the country’s election, alleging the ruling party will try to cut off communication services. During the 2016 election, long-time Ugandan President Yoweri Museveni blocked internet and social media access for the entire population, citing security and safety concerns, and again in 2021, according to a report from the Pan-African Human Rights Defenders Network. Wine alleged in a X post on Tuesday that a similar action is on the agenda in the lead-up to the Uganda 2026 presidential election, which is scheduled for Jan. 15. Read more
BitMine snared another 32,938 ETH on Tuesday as end-of-year tax-loss sellers and bots kept prices down, Fundstrat’s Tom Lee said. Ethereum treasury company BitMine Immersion Technologies scooped up $97.6 million worth of Ether on Tuesday as the crypto market remains muted in the final days of 2025. Nansen data shows BitMine purchased 32,938 Ether (ETH). Other data shows its total holdings are now 4.07 million ETH, worth $12 billion. BitMine also staked another 118,944 ETH, continuing its strategy to earn passive returns for shareholders. BitMine’s latest buying spree comes amid a broader crypto market compression, which Tom Lee, the orchestrator of BitMine’s Ethereum strategy, said was partly due to an uptick in tax-loss selling in the US: Read more