Ethereum’s rising

and NFTs are back.

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🔹 Ethereum overtakes Polygon in NFT sales

🔹 Binance never dropped XRP (even during the lawsuit)

🔹 Crypto startups raised $739M in one week

Source : Cryptopolitan

NFTs (those fancy internet pictures) just had a glow-up. Ethereum, Polygon, Immutable and other blockchains are fighting for the top spot.

🚨 Breaking News:
NFT sales hit $125 million this week, up 8.17%! Ethereum jumped ahead of Polygon again in blockchain rankings.

⚡ Wire Simplified:

  • Immutable led the charts with $33.3M in sales

  • Ethereum clocked $25.6M in NFT sales (up 31%)

  • Polygon dropped 29% to $16.5M and lost its #1 spot

  • CryptoPunks are still making rich people richer (one sold for ₹3.25 CR)

  • NFT buyer activity stayed steady at over 1 million users

✔️ Straight to the Point:
NFTs are back in style. Ethereum’s rising, Polygon’s slipping, and high-value JPEGs are being sold for house money again.

📊 Do you think NFTs are making a real comeback?

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Source : Mint

While U.S. exchanges dumped XRP during its lawsuit with the SEC, Binance (the global one) said “Nah, we’re good.”

🚨 Breaking News:
Binance.com never delisted XRP, even when its U.S. cousin (Binance.US) and others like Coinbase ran for the hills.

⚡ Wire Simplified:

  • Binance founder CZ said they always supported XRP globally

  • Binance.US had paused XRP trading during the lawsuit

  • Major exchanges like Coinbase, Bittrex, and Crypto.com had delisted XRP

  • XRP is back on U.S. exchanges now that the lawsuit is almost over

  • XRP has gained 361% this year, despite a slow month

✔️ Straight to the Point:
Binance stood by XRP during the drama. Now, with legal clouds clearing, XRP’s back on the U.S. scene stronger than ever.

💬 Did Binance make the right call by sticking with XRP?

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Source : Medium

Crypto companies are back in VC group chats. Startups raised over $739 million this week, mostly in infrastructure and DeFi.

🚨 Breaking News:
Kalshi raised $185M, Bit Digital $150M, and several other crypto startups got big cheques from VCs who are no longer scared.

⚡ Wire Simplified:

  • Kalshi (prediction markets) valued at $2B post-Series C

  • Bit Digital raised $150M to mine Bitcoin across 3 countries

  • Canton Network and World Liberty Financial both raised $100M+

  • Privacy startup Zama raised $57M for fancy encryption tech

  • 17 startups raised money, including one HR startup using AI

✔️ Straight to the Point:
Crypto VC funding is heating up again, especially for serious projects like prediction markets and privacy tools. The vibes? Optimistic.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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