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Disney launches NFT platform, eye issues at ApeFest and NFT sales rise: Nifty Newsletter

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Cointelegraph reached out to various professionals in the Web3 space to get their thoughts on the recent upward trend in NFT sales volumes.

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CryptoQuant CEO calls rising Bitcoin hashrate ‘indirect bullish signal’ from institutions

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Public miners backed by major TradFi players are coming back online, boosting Bitcoin’s hashrate, a positive sign for BTC’s fundamentals, according to CryptoQuant’s Ki Young Ju.

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Bitcoin ETF buyers are trend followers, not setters, DWF Labs says

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DWF Labs research finds that Bitcoin ETF flows follow past BTC price movements rather than predict future returns, with investors buying rallies and selling dips.

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SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds

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SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.

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