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Ethereum Leads Weekly Altcoin Losses as Wider Market Sell-Off Continues


The crypto market remains in the red zone with altcoins and pack leader Ethereum (ETH) posting losses two weeks after the approval of spot Bitcoin (BTC) ETF by the United States Securities and Exchange Commission (SEC). On-chain data shows the price of several crypto assets trading at monthly lows....

Solana NFT Weekly Sales Hit $62M, Surpassing Bitcoin Network


Weekly NFT sales on Solana experienced a surge this past week, surpassing Bitcoin. Cryptoslam data reveals that the blockchain’s weekly trading volume exceeded $62m between Jan. 18 to Jan. 25. It’s worth noting that around $3.4m constituted wash volume, or trading designed to create...

Bitcoin Dominance Reaches 2-Year High, Exceeding 53%


Source: Adobe / AMERO MEDIA Bitcoin’s share of the overall crypto market capitalization, known as the Bitcoin dominance, has reached a 2-year high at over 53%. According to data from TradingView, the Bitcoin (BTC) dominance has risen from 52% to over 53% over the past week, after having traded...

Bitcoin and Ethereum Networks See Heightened Fees as Crypto Usage Soars


Source: AdobeStock/Andrey Popov Bitcoin (BTC) and Ethereum (ETH) networks have experienced a dramatic surge in transaction fees amid soaring crypto usage.  According to data by BitInfoCharts, the average BTC transaction fee currently stands at around $10, up by more than 500% compared to less than...

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