Non-fungible token marketplace OpenSea is headed for its highest volume month ever, indicating NFTs may be one sector of the cryptocurrency economy that has decoupled from bitcoin’s price drop. For the first half of January, OpenSea has generated nearly $2.7 billion in volume, which is on track to surpass the $3.4 billion high it notched …
OpenSea on Track for Record Month as NFT Sales Boom Read More »
Nubank has revealed expected dates for when it will go public in the U.S. and Brazil as part of its upcoming initial public offering (IPO). In a Portuguese-language blog post, Nubank said it estimates Dec. 9 and 10 as the dates when its parent Nu Holdings will list on the New York Stock Exchange (NYSE) …
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 price of ether, the native cryptocurrency of Ethereum, is significantly down from its all-time high this month, but May is still set to represent a record-breaking month for ETH miners. Data collected by The Block Research shows that as of May 23, ETH miners have hauled in some $1.93 billion in revenue. Of that …
Ethereum mining revenue set for record-breaking month despite price declines Read More »
Mixed martial arts league UFC is launching a fan token this June. A year after it first partnered with sports-focused blockchain platform Chiliz, the two will mint $UFC on the Chiliz blockchain. Chiliz and its token platform Socios.com have primarily focused on European soccer teams, enabling them to mint their own fan tokens. Those tokens …
Mixed martial arts league UFC is launching a fan token next month Read More »
Crypto exchange volumes surpassed $1 trillion in March — the second consecutive month that volumes have reached thirteen figures. According to data compiled by The Block, spot trading volumes for March totaled $1.17 trillion. That’s a 5% decrease from February’s all-time high volume of $1.23 trillion. A breakdown of March’s crypto-only exchange volumes shows that …
Exchange volumes surpassed $1 trillion for second month in a row Read More »
The week-by-week number of tweets containing the word ‘bitcoin’ hit a new this month, according to data compiled by The Block Research. For the week ending February 14, there were roughly 675,000 tweets containing the term ‘Bitcoin.’ That figure represents a 17.13% increase from the previous volume peak, which occurred in mid-January with a weekly …
Weekly ‘Bitcoin’ tweet volume hit a new high this month Read More »
December of 2020 beat out the previous month’s all-time high for Ethereum options trading volume, according to data compiled by The Block. November generated $1.83 billion worth of options while December had $2.24 billion — a 22.4% increase. Deribit had 83.4% of the Ethereum options trading volume. Next was OKEx with 13.9% of the volume, …
December was a record volume month for Ethereum options Read More »
Coinbase announced Monday that it will suspend trading in XRP globally next month, nearly a week after the U.S. Securities and Exchange Commission hit Ripple with a lawsuit. The firm announced the move in a blog post shared with The Block. Coinbase said that XRP trading will transition to limit-only beginning immediately on December 28 …
Coinbase says it will suspend XRP trading next month Read More »
The Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third 51% attack this month, noticed by mining company Bitfly, which also spotted the first attack on Aug. 1. UPDATE (Aug. 29, 23:03 UTC): Added comment from ETC Cooperative in third bullet point. Source link