Five publicly listed North American bitcoin mining firms have churned out a total of 1,802 bitcoin in July – on average 58% more than what they did in June. Marathon Digital, Riot Blockchain, Argo Blockchain, Bitfarm and Hut8 have all been through a significantly productive month in July even though they did not materially increase …
Five North American firms mined 58% more bitcoin in July thanks to China 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 »
Market capitalization of Monero increased, however, despite the rise in prices, MATIC and Binance Coin’s market capitalization witnessed a fall. XMR’s price showed chances of low volatility, while MATIC recorded a 47.2% weekly gain and lastly, Binance Coin could be headed towards a possible price breakout. Monero XMR/USD, TradingView Monero’s price action was halted after …
Monero, MATIC and Binance Coin Price Analysis: July 28 Read More »
Another day, another attack from the market’s bears. The prices of most cryptocurrencies dropped after Bitcoin rejected the resistance at $35,000. The price dropped by over 6% and went as low as $32,799. Needless to say, the altcoins were quick to follow suit. Bitcoin Cash [BCH], for instance, along with Polkadot [DOT] and Ethereum Classic …
Bitcoin Cash, Polkadot, Ethereum Classic: 08 July Read More »
Many of the market’s cryptocurrencies were unable to hold on to the price gains seen over the last few days. For Ethereum, for instance, it has been a particularly mixed week of trading, with ETH finally moving past the $2300 resistance level, before dipping below it once again. At press time, however, the coin had …
Ethereum, Polkadot, Chainlink Price Analysis: 06 July Read More »
Despite an optimistic market, Bitcoin fell by 8.4% over the last 24 hours. The effects of this fall were observed on the market’s altcoins as well, with the likes of Dogecoin, Polkadot, and Uniswap noting some corrections. Uniswap made some headlines earlier today by becoming the first exchange to be supported by CoinMarketCap’s newly launched …
Legislation introduced earlier this year in Wyoming to create a legal link between decentralized autonomous organizations (DAOs) and the state government is now the law of the land. The law, first introduced in February, won final approval in the legislature earlier this month before being signed by Governor Mark Gordon on April 21, according to …
Wyoming ‘DAO law’ to go into effect in July after receiving final approval Read More »
Ethereum Layer 2 scaling solution Optimism has delayed the public launch of its mainnet. The mainnet was scheduled to roll out this week, but it has now been postponed at least until July. The new schedule is just a rough estimate, said Optimism, because the launch is a “collaborative effort” of the Ethereum community. “Opening …
Ethereum scaling solution Optimism delays its mainnet launch at least until July Read More »
Quick Take Total adjusted on-chain volume, a proxy for economic throughput, saw an increase of 15.7% M/M The stablecoin supply grew by 10% M/M from $12.0 billion to $13.2 billion The adjusted on-chain volume of stablecoins hit yet another all-time and grew by 53% M/M Ethereum miners generated $143.8M in revenue representing a M/M increase …
July by the numbers: A look at crypto exchange volumes, open interest, and miner revenue Read More »
For many of the market’s altcoins, a rally was in the works even before Bitcoin’s price hike that enabled it to go past $11k took place. However, in the past day’s time, strong bullish momentum in the altcoin market has seen a dip. For the second-largest altcoin Ethereum, the past 24-hours’ price action hasn’t been …
Ethereum, Stellar, Dogecoin Price Analysis: 29 July Read More »