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Pudgy Penguins’ NFT sales nosedive as token rallies: Nifty Newsletter

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Pudgy Penguins’ PENGU token jumps 13% despite NFT sales dropping over 50%, fueled by a viral marketing campaign.

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Coin Market

Solana price rallies to $272, but what will it take for SOL to hit new highs?

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Solana rallied by 7% on Jan. 22, but a few data points suggest a move to SOL’s all-time high could take longer than expected.

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Kraken ramps up donations to Ulbricht amid $47M wallet rumors

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The Silk Road creator walked free on Jan. 22 after 12 years in prison. Wallets tied to him are rumored to be worth around $47 million.

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Coinbase files to dismiss BiT Global lawsuit over wBTC

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The complaint, filed in December 2024, alleged “antitrust injury” from Coinbase over its decision to delist wrapped Bitcoin in favor of promoting its cbBTC product.

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