CoinDesk Podcast Network Are CryptoPunks The Internet Status Symbol? | COINDESK DAILY
Jul 25, 2025
President Trump calls for lower interest rates during a visit to the Federal Reserve, stirring discussions on economic policy. Meanwhile, CryptoPunks make headlines as a whale splurges over $4.3 million on these NFTs, contributing to a significant market surge. The segment also highlights a fascinating partnership between Elon Musk’s AI startup and a prediction market platform, hinting at innovative intersections within the crypto space. Privacy in blockchain technology is also touched upon, ensuring user control over data.
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CryptoPunks Lead NFT Resurgence
- CryptoPunks are leading the NFT market resurgence with a 66% increase in market cap in 30 days.
- Their market share rose 29%, outperforming other popular NFT collections like Pudgy Penguins and Bored Ape Yacht Club.
GameSquare's NFT Acquisition
- GameSquare acquired the Cowboy Ape CryptoPunk NFT from Robert Leshner in exchange for $5.15 million in preferred stock.
- This represents the first direct NFT acquisition as part of their digital asset treasury and crypto culture strategy.
Trump's Fed Visit Highlights Rate Pressure
- Donald Trump criticized Fed Chairman Jerome Powell over costly renovations during a rare Federal Reserve visit.
- Despite earlier criticism, Trump said he does not intend to fire Powell and pushed for lower interest rates.