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Reddit NFT trading volume hits all-time high: Nifty Newsletter Oct. 19–25, 2022
26.10.2022
Apple published rules for NFT for the first time which included a 30% NFT “tax” and geo-limit exchanges
Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid
25.10.2022
The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over...
Reddit ‘Digital Collectibles’ Trading Volume Shoots Past All-Time High – Here’s What You Need to Know
25.10.2022
The trading volume of Reddit digital collectible NFTs has surpassed $2.5 million in the past 24 hours, representing over one-third of the collection’s cumulative trading volume of $6.3 million since launch.
At the same time, the daily sales volume of Reddit NFTs also witnessed a new all-time high...
Peter Brandt: BTC Will Hit All-Time Highs in 3 Years – but First, $13K
24.10.2022
Bitcoin expects to chop little, moving between $17,000 and $23,000 for the next year, Peter Brandt tells CoinDesk TV
Reddit NFT trading volume hits all-time high as wallet holders near 3 million
24.10.2022
Meanwhile, the minting volume of nonfungible tokens have been declining steadily
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
24.10.2022
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84...
Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023
21.10.2022
A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the currency’s exchange rate reportedly touched a new low of just under 750 naira for every U.S....
Crypto hacks are set to hit all-time highs in 2022, analyst explains
19.10.2022
Kim Grauer, Director of Research at Chainalysis, explains why the amount of crypto stolen in hacks is surging and what could be done to invert this dangerous trend
Polkadot hits all-time high in development activity
17.10.2022
It's been almost one year since the start of the ecosystem's signature parachain auctions
Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher
16.10.2022
Following the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by the 13.55% increase. In fact, five days ago at block height 758,138, the network’s computational power surpassed the all-time high (ATH) recorded on October...
Cardano Price Forecast – Can ADA Make a New All-Time High This Year?
15.10.2022
Cardano price continues to wallow in the murky waters of the crypto winter about a year after posting an impressive show to its all-time of $3.09. If the current retracement at $0.36 carries on, ADA could broadcast a 90% correction from its historical high....
Read More: Cardano Price Forecast...
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver
14.10.2022
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with...
Web3 devs ‘more active than ever’ amid crypto winter: Report
14.10.2022
Consecutive all-time-high smart contract deployments and surging usage of Web3 script libraries mean that Web3 devs are still busy working despite the prolonged market downturn
Cardano Price Forecast – Can ADA Beat its All-Time High?
13.10.2022
Cardano was one of the biggest losers after the US Consumer Price Index was released on Thursday.
ADA dipped to a 21-month low of $0.35 in the immediate aftermath of the announcement, a price that has not been seen since January 2021.
The coin has made a slight recovery to $0.37 but is still...
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October
10.10.2022
After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling...
Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase
10.10.2022
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height...
Bitcoin Mining Difficulty Surges to All-Time High, Putting Additional Squeeze on Miners
10.10.2022
Bitcoin mining difficult has soared by 13.55% to 35.6 trillion, its largest one-day rise since May, 2021, according to data from btc.com
Ethereum Sees Biggest Network Growth Day in 2022 – Number of Addresses Hits All-Time High
10.10.2022
The Ethereum network has seen its biggest one-day growth so far in 2022, with the total number of wallet addresses on the network hitting a fresh all-time high over the weekend. The growth indicates that the real-world utility of the network is rising.
Per data from the crypto analytics firm...
Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement
9.10.2022
Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term...
Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs
9.10.2022
Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as they aim to remain competitive in the fierce competition