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
With Bitcoin breaking $10,000 for the third time this year and going on its maiden big-money move since the halving, prospects are high. Like all moves from four to five figures, this one was initially met with startling enthusiasm. However, given the market we’re in now, how long can the market sustain above $10,000? The …
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November. The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of the trading session Monday, …
Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving Read More »