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30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived
9.10.2022
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore...
Study: MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market
8.10.2022
Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the region’s biggest cryptocurrency market, according to the latest Chainalysis data....
8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000 BTC in a Single Trade
7.10.2022
Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit, which...
Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
6.10.2022
Solana NFT volume surged to $130 million in September and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us
Shiba Inu Volume Spikes While the SHIB Price Consolidates!
5.10.2022
Shiba Inu (SHIB) price is consolidating within a range that could result in a possible breakout either way. It has significant fundamental issues, which are the main reasons for the long-term downtrend. Shiba Inu started different use cases to extend their activities, but none of them worked...
Bitcoin Trading Volume Picking Up Again – End of Bear Market?
3.10.2022
Bitcoin’s trading volume has steadily expanded since mid-June while the trading volumes of other top capital assets have declined, indicating that the leading crypto could be increasingly considered a “safe haven” for traders fleeing other asset categories, according to a recent analysis...
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report
30.9.2022
According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s...
NFT Trading Volume Plummets 97% Since January
29.9.2022
Trading volumes in non-fungible tokens (NFTs) have taken a major dive, dropping nearly a 100% from their all-time high in January this year.
The trading volumes fell 97% from their record high, Bloomberg reported, citing data from Dune Analytics.
More precisely, they fell from $17 billion at...
Surging Bitcoin-Sterling Trading Volume Points to Hedging Demand for Crypto, or Does It?
29.9.2022
There's a debate over whether rising BTC/GBP trading volume represents hedging demand for the cryptocurrency or speculative interest
NFT trading volume plunges 98% from January despite rise in adoption
28.9.2022
During the same period, the number of wallets owning NFTs has increased by about 2.8 million
Bitcoin, British Pound trading volume soars 1150% as UK's currency risks dollar parity
27.9.2022
Doom and gloom for some British pound investors is neatly avoided with a Bitcoin flight
Thai SEC Sues Five Entities for Creating Fake Volume Across Two Crypto Exchanges
27.9.2022
Thailand's Securities and Exchange Commission (SEC) has sued five traders for creating artificial volume on crypto exchanges Bitkub and Satang Corporation
This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower
22.9.2022
Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during...
World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support
21.9.2022
The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s...
Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch
21.9.2022
Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be able to choose if they want to work in-office or remotely. The company also hinted at the launch of...
Exness Registers a $2.8T Trading Volume in August
19.9.2022
Exness, a commercial brokerage with its headquarters in Cyprus, defied market norms in August by managing $2.81 trillion in trading activity. Exness had its highest monthly numbers to date, while most of its rivals recorded a monthly decline in activity due to the summer vacations. Every month,...
Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days
19.9.2022
During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS)...
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
16.9.2022
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting...
UNUS SED LEO (LEO) and BudBlockz ($BLUNT) See Increased Purchasing Volume
13.9.2022
Currently, the crypto market is one of the most dynamic markets in the world. This is largely due to the high level of speculation that characterizes the market and the constant innovation and development unfolding at every turn. Because of this dynamism, the price of crypto assets, including coins...