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Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High
17.2.2022
The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching...
Russian Government Eyes $13 Billion in Taxes From Crypto Economy
9.2.2022
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles...
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
7.2.2022
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
4.2.2022
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9%...
Apple on Metaverse: We See a Lot of Potential and Are Investing — CEO Tim Cook Says ‘It’s Very Interesting to Us’
31.1.2022
Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. “It’s very interesting to us,” he noted. Global investments banks Morgan Stanley and Goldman Sachs have predicted that the metaverse could be an $8 trillion opportunity. Apple...
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
30.1.2022
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs...
Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders
28.1.2022
Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically...
ETH to hit $20 trillion market cap by 2030: Ark Invest
27.1.2022
ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi
Goldman Sachs Sees the Metaverse as $8 Trillion Opportunity
25.1.2022
Global investment bank Goldman Sachs has predicted that the metaverse could be an $8 trillion opportunity. Several others have similarly predicted that the metaverse is a multitrillion-dollar market. Goldman Sachs Says the Metaverse Could Be an $8 Trillion Opportunity Global investment bank Goldman...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward
21.1.2022
Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining difficulty’s all-time high (ATH) is now higher than the ATH it reached...
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
21.1.2022
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire...
Bitcoin Dominance Increases, ETH’s Market Share Slides, Stablecoin and Smart Contract Coins Rise
19.1.2022
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range....
Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs
18.1.2022
While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more...
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
15.1.2022
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This...
Dacxi Announces Global Tokenized Crowdfunding Solution – the Dacxi Chain
5.1.2022
PRESS RELEASE. Dacxi has announced the Dacxi Chain – the world’s first tokenized crowdfunding system that demonstrates the revolutionary commercial potential of blockchain. Tokenization of digital assets will change how the world does business – in particular how new ventures...
Bitcoin Dips Below $44K, Crypto Economy Drops 4.5%, Traders Rush to Stablecoins
5.1.2022
The price of bitcoin dropped below the $44K zone on Wednesday to $43,678 per unit as the entire crypto-economy has shed billions in value. At the time of writing, the overall crypto economy is down 4.5% as it dipped to $2.25 trillion in value. Bitcoin and Crypto Economy Sheds Billions, Crypto Fear...
This Year’s Top 10 Crypto Asset Gainers Outshined BTC’s and ETH’s 12-Month Returns
27.12.2021
Digital currencies had a phenomenal 2021 as the crypto economy surged past a couple of trillion dollars in value this year. Over the last 12 months, bitcoin gained more than 90% in value and ethereum spike more than 540%. However, while those gains are decent, numerous digital assets outperformed...
Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades
25.12.2021
Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto...