Below are the crypto top news highlights for the week.

Monday, 31st October 2023

Topic: Frosty Times: OpenSea Sales Volume Has Taken a Dive in the NFT Winter of 2023

Key Takeaways

  • According to data from Dune Analytics, sales of non-fungible tokens (NFTs) based on Ethereum and Polygon are significantly declining on the NFT marketplace OpenSea each month.
  • This year’s declining interest in digital collectibles, exacerbated by several issues such as fluctuating federal rates and heightened regulatory scrutiny, is the reason for the sales fall.
  • There is optimism for a recovery in the NFT sector despite its difficulties.

Tuesday, 31st October 2023

Topic: ETH Price to Hit $2500 in November

Key Takeaways

  • Ethereum saw a decline relative to Bitcoin (BTC) during last week’s surge in the cryptocurrency market.
  • On-chain research, however, indicates that a possible price rebound for ETH may occur in November 2023 due to heightened demand from institutional investors.
  • IntoTheBlock statistics indicate that on October 24, Ethereum recorded a significant 5,700 Large Transactions.

Crypto Top News Highlights For The Week

Wednesday, 1st November 2023

Topic: These 3 Major Factors Could Influence the Crypto Market in November and December

Key Takeaways

Thursday, 2nd November 2023

Topic: Following Key Partnership Announcement, Cardano’s Price is Targeting $0.30

Key Takeaways