Search
What's the state of Switch, leading into 'Switch 2'?
13.5.2024
Also: the biggest streamed games of April, and lots more
Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains
12.5.2024
The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the naira is attributed to Nigeria’s ongoing foreign exchange shortages....
NFT Sales See Week-Over-Week Decline as Market Continues to Cool
11.5.2024
Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 11.35% decline compared to the previous week’s figures. Leading the sales, Bitcoin-based NFT transactions totaled $49.8 million, yet this was a 13% decrease from the preceding week. NFT Marketplace Struggles as Sales Dip...
Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High
10.5.2024
Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin's retreat from its all-time high.
The post Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High appeared first on Cryptonews
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April
8.5.2024
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites....
A Spring Downfall: Solana Ecosystem and SOL Price Action in April 2024
8.5.2024
In this report, we explore and analyze the Solana ecosystem downtime, SOL price action, and Solana meme coin action in April 2024, with a particular focus on the reasons for a staggering 56% SOL price drop.
The post A Spring Downfall: Solana Ecosystem and SOL Price Action in April 2024 appeared...
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews
Ore wins Solana hackathon despite disrupting Solana’s network in April
7.5.2024
A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue where up to 70% of non-vote transactions were being rejected
DAI drives Ethereum stablecoin volume to record highs in April
6.5.2024
In the last few months, there has been a noticeable boost in the number of stablecoin transactions on the Ethereum blockchain compared to other months. This surge was most noticeable in April when it broke its all-time activity record. Flash loans, typically excluded from financial data...
Crypto venture capital funding hits $1B for second straight month
6.5.2024
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion
CZ gets jail sentence, Gensler viewed Ether as security, and FBI targets mixers: Hodler’s Digest, April 28 – May 4
5.5.2024
CZ gets four months in prison, Gary Gensler had Ether as security for at least 1one year, and the FBI targets crypto mixers
NFT Market Sees Over 30% Decline in Weekly Sales
4.5.2024
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin...
Plus: which of April 2024's Steam debuts have 'staying power'?
3.5.2024
Also: Gray Zone Warfare's hot launch & other big starts for the week
Losses due to crypto hacks fall 67%, Bitcoin DeFi interest rises: Finance Redefined
3.5.2024
The amount stolen through crypto hacks and the number of successful attacks sharply declined in April
U.S. April Job Additions of 175K Miss Forecasts for 243K, BTC Rises Above $60K
3.5.2024
Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi
2.5.2024
In April 2024, Web3 lost over $53 million through 21 incidents, a 46% decrease from the previous period.
The post Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi appeared first on Cryptonews
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
2.5.2024
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance...
Best Crypto to Buy Today April 30 – Wormhole, Optimism, Axelar
2.5.2024
As traders digest the implications of the latest Fed policy announcement and what it means for the outlook for Fed rate cuts later this year, traders are hunting for opportunities in the altcoin market and weighing up what might be the best crypto to buy today.
The post Best Crypto to Buy Today...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
1.5.2024
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56...
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
1.5.2024
Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck...