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NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes
14.12.2022
On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above...
Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial System
14.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial...
Avalanche (AVAX) attempts to breach the $14 upper band of its consolidation!
14.12.2022
Blockchains at the current time are being used for processing multiple different types of transactions. Processing all of them throughout the main blockchain can often lead to bottlenecks and lesser TPS. Avalanche handled such situations by creating three distinct chains, namely X-Chain,...
Biggest Movers: AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data
13.12.2022
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets had expected. The figure was also 0.6% lower than October’s reading of 7.7%. Litecoin also...
Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed
12.12.2022
On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021,...
Oryen Network (ORY): A hedge against inflationary Avalanche (AVAX) and Pancakeswap (CAKE)
12.12.2022
As the world continues its accelerated shift towards a more digital economy, the need for a stable currency grows increasingly urgent. Investors are constantly on the lookout for the next big thing. One recent project gaining attention is Oryen Network (ORY), a decentralized finance (DeFi)...
Today in Crypto: Noteworthy Announced 5 mBTC Note Sale, Fir Tree Sued Grayscale, Blockstream Rais(ing/ed) Funds
7.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Noteworthy Announced 5 mBTC Note Sale, Fir Tree Sued Grayscale, Blockstream Rais(ing/ed) Funds
Avalanche attempts to cross its long-term support of $13.35!
7.12.2022
Avalanche blockchain architecture and its use of X-Chain, P-Chain, and C-Chain has not only reduced unnecessary loads on each blockchain but resulted in a positive turnaround of the returns. The capability of processing 6500 transactions per second cannot be easily rivaled by any of the smart...
Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High
6.12.2022
Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Bearish sentiment returned to the global crypto market cap in today’s session, with prices down by 1.77% as of writing. On the other hand, avalanche was trading lower, as prices retreated from a recent...
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
5.12.2022
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112...
Avalanche to power Alibaba Cloud's infrastructure services in Asia
3.12.2022
Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche's public blockchain platform in Asia
Avalanche-Based DEX Trader Joe to Soon Deploy on Ethereum Scaling Solution Arbitrum
2.12.2022
Trader Joe locks up over $95 million worth of tokens as of Friday and is among the most popular Avalanche-based products
The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support
29.11.2022
On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB...
NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains
29.11.2022
Non-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored...
Avalanche resistances look strong: What’s Next for AVAX?
24.11.2022
Being a relatively new-generation blockchain ecosystem, Avalanche has made multiple improvements to its transaction capabilities adding numbers as high as 6500 TPS. Since this blockchain offered similar scalability offered by Ethereum, the outlook of AVAX exploded in terms of market position...
Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days
16.11.2022
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi...
Why are investors choosing Orbeon (ORBN) over STEPN (GMT) and Avalanche (AVAX)?
14.11.2022
In an ever-growing world of digital currencies and projects, investors have to get selective about their portfolios. It is no longer just about potential but the pace at which the projects can provide returns to investors. For that reason, many investors are now turning to Orbeon Protocol (ORBN)...
Avalanche fails to sustain the support: Is it time to sell AVAX?
11.11.2022
Avalanche’s native token, AVAX, was down in the last few days when FTX announced its liquidity crisis, and Binance came to acquire FTX. However, Binance officials announced Wednesday that they would not buy FTX because the situation is beyond their control. That follows a negative sentiment...
How does Dogeliens compare to crypto giants like BNB and Avalanche?
9.11.2022
The cryptocurrency market is volatile, with market crashes and spikes happening multiple times a year. While some cryptocurrencies are relatively generous with the returns they offer, some can dismantle a user’s portfolio. BNB and Avalanche have provided good returns for their users in...
GMX Protocol positioned on Avalanche in January 2022
8.11.2022
The GMX Protocol had been effectively positioned on the Avalanche. This incident took place sometime in the month of January, 2022. Ever since, the entity has taken the lead of engaging in on-chain swaps. Along with that, there is also the issue of futures trading, which has kept them occupied....