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Bitcoin Hits 40 Million Inscriptions Milestone and Second-Highest Day of Confirmed Transactions
14.11.2023
Data reveals a milestone in the Bitcoin blockchain, with a tally of 40 million Ordinal inscriptions etched into its ledger. Inscription records were shattered on November 12, 2023, when a daily peak saw 505,345 inscriptions created in a single day. This burst of activity propelled Bitcoin to...
Finance Ministers from APEC Nations to Share Crypto Insights in San Francisco
14.11.2023
Image Source: Pixabay The Asia-Pacific Economic Cooperation (APEC) summit has drawn global attention to discussions on regional economic cooperation, including crypto regulations. The event, which commenced on November 11 in San Francisco, saw the finance ministers’ meeting on November...
Jump Crypto Pocketed over $1 Billion in Secret Do Kwon Deal, Dodges Questions from SEC
10.11.2023
President of Jump Crypto, Kanav Kariya, pleaded his Fifth Amendment rights while being questioned by the U.S. Securities and Exchange Commission over an alleged hidden market-making scheme with Terraform Labs’ founder, Do Kwon, that saw his company pocket over $1 billion. Kariya’s secret...
Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift
8.11.2023
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17...
Dex Trade Volumes Jumped 32% in October; November’s First Week Ends With Strong Activity
8.11.2023
After experiencing a slump in September, with a trading volume of $30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for...
Spot Trading Volumes Surge in October, Reaches Highest Level Since January 2021: CCData Research
8.11.2023
Source: Pixabay Spot trading volumes on centralized crypto exchanges saw a significant surge last month, marking the highest month-on-month increase since early 2021. According to research from CCData, the total spot trading volume rose by 87.2% to $632 billion in October, the highest monthly...
Crypto Regulation News Weekly Digest: SafeMoon Executive Charges and FinCEN’s Mixing Service Proposal
7.11.2023
Last week saw major regulatory actions against crypto mixing services and alleged fraud along with pushback from lawmakers. Image by Andrii, Adobe Stock. The cryptocurrency industry increasingly finds itself under the purview of regulators striving to balance innovation with consumer protection...
The $SPONGE Airdrop Just Distributed $100K To 747 Spongebob Participants – Here’s Why
7.11.2023
Tuesday, November 7, 2023 – The much-awaited Sponge token ($SPONGE) Season 1 airdrop dropped today, in a move that saw around $100K distributed between participants. The competitive Season 1 airdrop enticed more than 20,000 active participants to compete in a series of Sponge challenges tied...
Block’s Q3 Earnings Show $2.42 Billion Bitcoin Revenue, Marking 37% Annual Growth
5.11.2023
Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $3.19 billion, up 16% from the previous year. The firm’s...
NFTs on the Rise Again: October Saw 32% Growth in Trading Volume – Trend to Continue This Month?
4.11.2023
The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm DappRadar, NFT trading volume surged by $99 million, reaching $405 million...
Bitcoin Mining Revenue Soared in October, Securing Second-Highest Monthly Earnings of 2023
4.11.2023
In October, the landscape of bitcoin mining revenue brightened, climbing by $131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip in the earnings from fees, which saw a $5.44 million decrease from...
Stablecoin Market Rises by Over $600M in October Despite Mixed Supply Dynamics
3.11.2023
The stablecoin economy experienced growth in October after several consecutive monthly declines. In the last month, a total of $608 million was added to the fiat-pegged token market. Despite the increase, six stablecoins out of the top ten saw supply reductions during the month. Fiat-Pegged Token...
Is Pepe Going to Zero? PEPE Price Crashes 18% as Strange New Meme Coin Surpasses $1 Million Funding Milestone
3.11.2023
Pepecoin (PEPE) is undertaking a retracement move, as PEPE price crashed down -18%, yet, with the leading meme coin in turmoil, a strange new meme coin is skyrocketing in presale. As one of the biggest breakout movers of 2023, Pepecoin saw its public launch in April 2023 and became one of the most...
Crypto Projects Lose $51.6 Million in Attacks, Phishing Scams, and Rug Pulls in October 2023: Beosin
1.11.2023
Beosin’s security monitoring platform, Beosin EagleEye, reported that the crypto industry saw 23 security incidents in October 2023, collectively resulting in a substantial total loss of approximately $51.61 million. These losses were attributed to a trifecta of threats: hacker attacks...
Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
31.10.2023
The boredom ended in October as cryptocurrency prices zoomed higher, with the biggest of them all, bitcoin [BTC], posting the strongest monthly rally since January as investors were abuzz with optimism that bitcoin ETFs will soon get approved in the U.S
Digital Asset Investment Products Register Record $326M in Inflows, Led by Bitcoin and Solana
30.10.2023
Digital asset investment funds saw a record $326 million in net outflows last week, marking the largest single week of inflows since July 2022. According to a recent report by CoinShares, the surge in investor interest can be attributed to growing optimism surrounding the potential approval of...
Pepe Price Prediction as PEPE Falls 10% Alongside Dogecoin and Other Meme Coins – What’s Going On?
28.10.2023
Over the past week, the crypto market experienced significant fluctuations. Meme coins, such as PEPE coin , took center stage and reached a market cap of 500, nearly doubling its value. PEPE, after a meteoric rise influenced by pivotal events like a massive token burn and the market’s...
The Coolest Merch We Saw At New York Comic Con 2023
17.10.2023
New York Comic Con is many things: long lines, shoulder-to-shoulder crowds, panels, cosplay, and, of course, merch...so much merch. Eric and I took a few trips around the floor this year to get a load of all the random knick-knacks, art, statues, and cosplay items that were proudly on display,...
Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines
15.10.2023
Data reveals that the meme coin market has diminished by over $3 billion in value since the dawn of 2023. The leading meme coin by market cap, dogecoin (DOGE), saw a decrease of $2.46 billion from January onwards. Concurrently, shiba inu (SHIB) experienced a drop of approximately $1.22 billion over...
Biggest Movers: SHIB Hits 6-Day High to Start the Weekend
14.10.2023
Saturday saw shiba inu climb to its highest point since Monday, as bulls made a slight return to the market. The meme coin rose by as much as 4% on Saturday, as the global crypto market cap made gradual gains to start the weekend. Solana was another notable mover, climbing above the $22.00 zone....