Bitcoin Rally Not Yet Euphoric? Puell Multiple Suggests More Upside

The NFT market just got a serious boost, with weekly sales surging 37% to nearly $145 million—the biggest jump we've seen in months. The real headline grabber? Immutable, a gaming-focused blockchain, actually outsold Ethereum for NFTs this time around. While Bitcoin's price rally might be part of the story, it looks like gamers and collectors are driving this unexpected comeback.

Editor’s Note: After months of NFT gloom, this rebound hints that the market isn't dead—it's just evolving. Immutable beating Ethereum is especially telling; it suggests gaming NFTs (think in-game items, not just expensive JPEGs) might be the next big wave. For crypto watchers, it's a sign that niche blockchains could start stealing Ethereum's crown in specific sectors.

The SEC just gave Trump Media and Technology Group—the company behind Truth Social—the official thumbs-up for its massive $2.3 billion Bitcoin treasury deal. This means the company, heavily influenced by Donald Trump’s family, can now move forward with its plan to hold Bitcoin as part of its corporate treasury.

Editor’s Note: This isn’t just another corporate Bitcoin play—it’s a high-profile move by a politically charged company, which could signal broader acceptance (or scrutiny) of crypto in mainstream finance. Whether you love or hate Trump’s involvement, it’s a big deal when a major public company gets regulatory clearance to tie its fortunes to Bitcoin. Expect more debate about crypto’s role in both business and politics.

Big players in the Ethereum market—whales and sharks—have been quietly scooping up a massive 1.49 million ETH over the past month, while smaller investors (retail) seem to be stepping back. This could signal a shift in confidence or strategy among different investor groups.

Editor’s Note: When deep-pocketed investors pile into an asset like Ethereum while smaller traders pull back, it often hints at diverging expectations. Whales might see long-term value or upcoming catalysts, while retail investors could be spooked by short-term volatility. Either way, it’s a dynamic worth watching—it could foreshadow price moves or broader market trends.

The crypto market just took a brutal hit, shedding a staggering $210 billion in value this week alone. Most coins are deep in the red, but a handful are surprisingly holding their ground—or even gaining—amid the chaos. Think of it like a financial hurricane where a few stubborn trees refuse to topple.

Editor’s Note: Crypto’s wild swings aren’t just for traders anymore—these crashes ripple through everything from retirement portfolios to meme-coin gambles. The fact that some coins are resisting the nosedive suggests there might be more at play than just panic selling. Whether that’s smart bets, insider moves, or pure luck, it’s a reminder that crypto never follows a predictable script. Buckle up.

Just when Ethereum seemed poised to break past the $3,000 mark—a key psychological milestone for investors—geopolitical turmoil threw a wrench in the works. After Israel’s airstrike on Iran late last week, global markets took a hit, and crypto wasn’t spared. Ethereum, the second-biggest cryptocurrency, saw a sudden drop as investors pulled back, revealing a flight from riskier assets.

Editor’s Note: Crypto markets are still deeply tied to real-world instability. Even though Ethereum had momentum, this shows how quickly external shocks can derail investor confidence—especially in volatile assets like crypto. If you’re betting on digital currencies, geopolitical risks are now part of the calculus.