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8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...
Solana Price Prediction as FTX Estate Sells $1.9 Billion Worth of SOL – Will SOL Rally Now?
7.4.2024
Solana Price Prediction In a startling market move, FTX’s estate liquidated approximately $1.9 billion of its Solana (SOL) holdings, significantly below current market rates, sparking widespread speculation on Solana’s price prediction. This massive sell-off, constituting over half...
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
6.4.2024
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings...
Web3 Quests Aim To Drive Fan Engagement At Real Life Events and Online
6.4.2024
The crypto bull market may be driving a renewed interest in non-fungible tokens (NFTs). According to DappRadar, the NFT sector has seen a 50% surge in trading volume for the first quarter of this year, generating $3.9 billion in revenue. These findings indicate this has been the strongest quarter...
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
5.4.2024
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest stablecoin by market capitalization, now valued at over...
Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over?
5.4.2024
Despite Dogecoin's recent price decline to $0.173, its resilience is evident with a $2 billion trading volume, solidifying its position in the cryptocurrency market's top 10.
The post Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over? appeared first on Cryptonews
DogWifHat Price Prediction as WIF Pulls Back From $4 Billion Market Cap – Can WIF Overtake Dogecoin?
5.4.2024
After hitting a $4 billion market cap last month, the Dogwifhat (WIF) price is pulling back sharply.
The post DogWifHat Price Prediction as WIF Pulls Back From $4 Billion Market Cap – Can WIF Overtake Dogecoin? appeared first on Cryptonews
Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks
4.4.2024
Ethereum Layer 2 network Zircuit has surpassed $1 billion in pre-mainnet deposits within a mere six weeks since opening its doors to investors.
The post Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks appeared first on Cryptonews
DogWifHat Price Prediction as WIF Reaches $4 Billion Market Cap – Can WIF Overtake Dogecoin?
4.4.2024
DogWifHat's valuation soars to $4 billion, stirring debate if it can eclipse Dogecoin, driven by its robust market rally and celebrity backing.
The post DogWifHat Price Prediction as WIF Reaches $4 Billion Market Cap – Can WIF Overtake Dogecoin? appeared first on Cryptonews
Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank
3.4.2024
Russian crypto exchange transactions amounted to almost $52 billion in 2023, the nation’s Central Bank has revealed.
The post Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank appeared first on Cryptonews
Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March
3.4.2024
Bitcoin ETFs pulled exponentially larger trading numbers in March, and BlackRock is leading the pack.
The post Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March appeared first on Cryptonews
Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...
Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin to Coinbase – Where Next for BTC?
2.4.2024
The Bitcoin (BTC) price is eyeing a possible breakout to the south of the $65,000 level as the market readies itself for a potential $2.1 billion sale of confiscated Silk Road Bitcoin tokens by the US government.
The post Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin...
Bank of Russia: Russians Transacted $51 Billion in Crypto During 2023
2.4.2024
The Bank of Russia noted that Russian nationals transacted $51 billion (4.78 trillion rubles) in crypto during 2023. According to an annual report issued by the bank, its investigations found that volume flows equivalent to the number, especially in bitcoin and ether, were attributed to Russian...
Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event
1.4.2024
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month. Historic Month for Bitcoin Miners —...
Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round
31.3.2024
Merkle Manufactory, the company behind the decentralized social network Farcaster, is on the verge of reaching a valuation of $1 billion in its latest funding round.
The post Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round appeared first on Cryptonews
Pepe Price Prediction as PEPE Market Cap Reaches $3 Billion – Can PEPE Overtake Dogecoin?
31.3.2024
With technical analysis showing bullish signs above the $0.0000086 pivot, PEPE Coin is on a trajectory that could see it challenging major players in the cryptocurrency market.
The post Pepe Price Prediction as PEPE Market Cap Reaches $3 Billion – Can PEPE Overtake Dogecoin? appeared first...
Bitcoin Price Prediction as Daily Trading Volume Drops to $16 Billion – What’s Going On?
31.3.2024
With trading volume down to $16 billion, Bitcoin's stability at $70,098 raises questions, driving analysis on potential market shifts and price predictions.
The post Bitcoin Price Prediction as Daily Trading Volume Drops to $16 Billion – What’s Going On? appeared first on Cryptonews
Bitcoin Price Prediction as $35 Billion Trading Volume Sends BTC Toward New All-Time Highs – Time to Buy?
29.3.2024
With Bitcoin nearing $71,000, backed by a massive $35 billion volume, is it time to buy before it soars to new heights?
The post Bitcoin Price Prediction as $35 Billion Trading Volume Sends BTC Toward New All-Time Highs – Time to Buy? appeared first on Cryptonews
Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack
29.3.2024
On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open Interest Reaches Unprecedented $37.55 Billion Since...