Business intelligence firm MicroStrategy has purchased a further 5,050 bitcoin, taking its total holdings to 114,042 BTC, according to a statement today. The firm spent $3.16 billion on this entire stash, which has a current value of $5.1 billion — a 42% gain. Since making several major purchases toward the end of last year and …
MicroStrategy takes its Bitcoin holdings to 114,000 BTC ($5.1 billion) Read More »
Bitcoin miners brought in approximately $1.41 billion in revenue during the month of August, according to data compiled by The Block Research. The monthly figure is below the all-time peak of $1.75 billion posted in March but represents a month-over-month increase — roughly 45% — from July’s $971.83 million. The vast majority of the August …
Bitcoin miners post $1.4 billion in revenue for August, data shows Read More »
NFT Wrap is a new weekend feature dedicated to all things non-fungible and token-y. Got a tip? Am I doing this right? Reach out at [email protected] As highlighted by The Block’s Data Dashboard, July saw just over $300 million in trade volume across the non-fungible token space’s marketplaces. The vast majority of that took place …
The non-fungible token (NFT) marketplace OpenSea has surpassed $1 billion in monthly trading volume, according to data compiled by The Block. OpenSea’s trading volume increased 286% from July to August, and it has carried the majority of NFT monthly trading volume since May of this year. The firm has already seen $1.23 billion in volume …
OpenSea is first NFT marketplace to pass $1 billion in monthly trading volume Read More »
advertisement Decentralized exchanges saw $56.47 billion in volume during the month of July, representing another monthly decline. According to The Block’s Data Dashboard, 65% of the monthly volume figure was derived from Uniswap v2 and v3 — $10.6 billion and $26.57 billion, respectively. SushiSwap and Curve posted $6.07 billion and $5.13 billion in monthly volumes, …
Decentralized exchanges saw $56 billion in monthly volumes for July Read More »
Bitcoin miners hauled in $1.7 billion in revenue during the month of April, according to new data. The April figure represents a slight decline compared to March’s $1.75 billion, as shown in the chart below. Miners were buoyed by high prices as bitcoin traded at an all-time above $60,000 earlier this month. At press time, …
Bitcoin miners generated $1.7 billion in revenue during April Read More »
Quick Take A crypto billionaire who goes by the name MetaKovan recently paid $69 million for an NFT by the digital artist Beeple. Who is MetaKovan and why does he think this art is actually worth $1 billion? This feature story is available to subscribers of The Block Daily. You can continue reading this Daily …
Ethereum’s price has hit new all-time-highs over $2,560 on Coinbase Pro. The price of the second-largest cryptocurrency by market capitalization jumped above the $2,500 level for the first time around 10:30 UTC on Thursday. The price growth continued to above $2,560 and is changing hands around $2,540 as of press time, which represents a 13% …
Ether price hits new highs above $2,560, market cap nearing $300 billion Read More »
$7.6 billion in crypto long positions have been liquidated over the past hour as bitcoin’s price plunged to $52,000, data from bybt.com shows. Bitcoin’s price began to trend downwards early Saturday, but the steep plunge began around 3:00 UTC on Sunday. Bitcoin’s price dropped by more than 10% over the past hour, from $58,000 to …
Bitcoin plunges to $52,000 as $7.6 billion in crypto long positions liquidated Read More »
Dapper Labs, the NFT development platform behind NBA Top Shot, is raising money at a $7.5 billion valuation in a round led by Coatue Management, according to the tech news publication The Information. The three-year-old Dapper Labs had just completed a $305 million funding round on March 30, which valued Dapper at $2.6 billion. That …
NFT platform development startup Dapper Labs valued at $7.5 billion Read More »