Data shows that Ethereum is the blockchain with the highest NFT sales this week, reaching $33.61 million, up 31.7% from the previous week; Bitcoin ranks second in NFT sales this week, reaching $21.41 million, up 35.6% from the previous week; the third blockchain in NFT sales is Solana, with sales of $16.69 million, up 40.87%. In addition, the highest-priced NFT sold this week was an Uncategorized Ordinal, which sold for $4.55 million; the second-highest-priced NFT was the Ethereum-based Tokenvestingplans NFT, which sold for $913,526. Although Ethereum and Bitcoin continue to dominate the NFT market, this week's NFT sales data highlights the increasing diversification of the market, indicating that the preferences of both buyers and sellers are constantly changing, and it is logical for the NFT market to align with the recent growth of the broader cryptocurrency market.

Ran Yi, founder of Orderly Network, posted on the X platform that he deeply regretted what happened to the IBX community and stressed that he had never incubated IBX. He also said that the Orderly team has some identity information of an IBX founder and will fully cooperate with the investigation needs of relevant law enforcement agencies if necessary. At the same time, he is considering taking legal action against IBX and its founder because they used the name of Orderly to spread misleading information and damage its reputation.

Dogecoin has seen a strong upswing over the past week, hiking by 30% on the charts. source: https://ambcrypto.com/dogecoins-price-to-1-finally-a-re-visit-to-a-2021-rally-could-be-key/

TL;DR 2024-2025: Stacks (STX) is expected to trade between $1.59 and $4.72, with an average price around $2.40 in 2024 and potentially reaching $4.41 by the end of 2025. 2026-2027: Predictions for 2026 suggest a price range of $2 to $5.60, while 2027 could see prices fluctuating between $1.50 and $3.80. 2028-2030: By 2028, STX ... source: https://crypto-economy.com/stacks-price-prediction/

At the 2024 Global Digital Business Conference held in Shanghai, the National Blockchain Technology Innovation Center released the "National Open Blockchain Network Technology White Paper", which systematically proposed the design ideas of the national open blockchain network, the key technical capabilities of independent innovation, and the open source and open collaboration system. The white paper believes that facing the complex and major scenarios such as global trade, finance, and supply chain, and facing the blockchain application needs of ultra-large scale, ultra-high efficiency, and ultra-strong security, the establishment of an ultra-large-scale blockchain network to achieve efficient cross-regional and cross-subject data collaboration is becoming a new global trend. The national open blockchain network uses blockchain and privacy computing, zero-knowledge proof and other fusion technologies to design and build a high-performance and high-reliability network architecture to ensure efficient, fast, and secure data transmission and collaboration. It can support seamless connection of various application scenarios by distributing computing power across the entire network, allowing more high-value data resources to be safely shared and efficiently used in the form of "available but invisible", thereby fully releasing the advanced productivity of high-value data in a large number of key scenarios such as trade, finance, and energy. It can also build an open and shared blockchain ecosystem, which will help promote the development of the next generation of the Internet.

Due to their volatility and buzz around certain assets, meme coins saw a wider rally. source: https://zycrypto.com/top-performing-meme-coins-this-week-all-you-need-to-know/

العملة الرقمية DOGE واحدة من أكبر العملات الرقمية ذات طابع الميم ومعروف بأن “إيلون ماسك” داعم صريح لها. مؤخرا ظهر تحليل مفاده أن “إيلون ماسك” وإذا ما تم تعيينه في إدارة “دونالد ترامب” فسيكون له دور محوري في تعزيز اعتماد عملة DOGE وزيادة سعرها. Dogecoin is like Bitcoin of the meme coins!You don't like it? … source: https://arab-btc.net/can-doge-hit-1/

A group of 18 state attorneys general have urged President Biden to help secure the release of Binance executive Tigran Gambaryan, who has been detained in Nigeria since February 2024. The attorneys general have asked Biden to designate Gambaryan as a hostage under the Robert Levinson Hostage Rescue and Hostage Accountability Act. According to a joint letter sent on October 18, the group expressed concern about Gambaryan's deteriorating health and the illegal nature of his detention. "His continued detention without cause not only violates his rights, but also poses a serious threat to his health and well-being... We have a responsibility to advocate for American citizens overseas, and we urge the federal government to exert the necessary diplomatic pressure to secure his release," Attorney General Formella wrote in the letter. (Cointelegraph)

null source: https://x.com/BTC_Archive/status/1847634906840474090

Solana’s co-founder, Anatoly Yakovenko, has highlighted a major difference between the network’s ecosystem and Ethereum. source: https://zycrypto.com/solana-co-founder-analyzes-scalability-differences-with-ethereum/

This week, World Liberty Financial (WLFI) officially started its public sale, and this crypto project with the Trump family background finally surfaced. However, contrary to initial market expectations, WLFI's sales performance does not seem to be satisfactory.

In a renewed effort to assert his claim in the cryptocurrency space, Craig Wright has launched another legal action, arguing that modern Bitcoin developers have strayed from its founding principles.

On October 18, 2024, the SEC has "accelerated approval" for the listing of options trading for multiple Bitcoin spot ETFs. This means that the acceptance and popularity of Bitcoin in the US financial market has reached a new height.

Ethereum's Dencun upgrade in March 2024 introduced a concept called Blob. Blob is a novel data storage concept designed to reduce transaction costs for layer 2 scaling solutions.

Many smart money investors have earned more than a thousand times the profits. Behind the stories of getting rich overnight, how did these smart money investors operate? How did they achieve more than a thousand times the profits?

In October 2024, South African Reserve Bank Governor Lesetja Kganyag delivered the opening speech at the Payments Conference in Johannesburg, which laid out the past, present and future of the paradigm shift in South African payments.

This year's Tokyo EDCON conference was held in Shibuya, Tokyo, where the Mentougou Exchange was located. I applied for an EDCON conference volunteer and went to Tokyo to learn about the development of the crypto industry in Japan ten years after the collapse of Mentougou.

We are now seeing a number of re-staking platforms moving towards a similar end goal. It will be very interesting to watch how the re-staking ecosystem and its dynamics evolve over the next few years.

DePIN revolutionizes Web3 games through decentralized infrastructure, enhances player autonomy, interactivity and economic sustainability, creates immersive gaming experiences and empowers players with asset ownership and governance.

The entire industry is undergoing an unprecedented profound transformation, and new things often break out and often sprout in silent waiting.