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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more
28.5.2022
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions
NFT Market Shows Signs of Recovery Despite Low Trading Volume
26.5.2022
The market for non-fungible tokens (NFTs) shows signs of recovery - with the number of users, transactions, and amount of wallets buying NFTs seeing an uptick despite the continued low trading volume.
More than 250,000 users interacted with NFTs over the week ended on May 23, up by around...
Uniswap breaks $1T in volume — but has only been used by 3.9M addresses
25.5.2022
Uniswap has hit two major milestones this month, with the DEX topping $1 trillion in volume and hitting around 3.9 million cumulative users this month
DeFi Trading Hub Uniswap Surpasses $1T in Lifetime Volume
24.5.2022
Uniswap's milestone comes as the decentralized exchange continues its march across Web 3
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...
NFT Sales Volume Down by Nearly 55% Amid Crypto Downturn
19.5.2022
Sales of non-fungible tokens (NFTs) have plunged by more than 54% over the past week as the crypto market dropped sharply.
Over the course of the past week, NFT sales volume reached USD 25m, a drop of 54.6% compared to the earlier week, according to data by NonFungible.com.
Similarly,...
Magic Eden Tops OpenSea in Daily Trading Volume as Solana NFTs Heat Up
19.5.2022
The Solana-based marketplace has seen far more transactions than its Ethereum counterpart in the last 24 hours
Terra (LUNA) trading volume surge 200% as market adjusts to death spiral
15.5.2022
Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14
Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%
14.5.2022
As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours. NFT Floor Values Take a Significant...
Aussie crypto ETFs see $1.3M volume so far on difficult launch day
12.5.2022
The trio’s launch marks the first crypto ETFs to go live in Australia, with two of them focused on offering exposure to BTC and the other focused on ETH
Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week
10.5.2022
Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week. NFT sales on Ethereum were hit the hardest as the blockchain saw...
Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost
10.5.2022
Floor prices for some of the most popular NFT collections are slipping to their lowest levels in over a week, including the top-traded Otherdeed for Otherside Metaverse land
Bitcoin network transactions and fees surge amid investor de-risking
10.5.2022
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report
Bitcoin whales jumping ship as exchange inflows reach 3-month high
9.5.2022
The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode
NFT markets slump as weekly sales volume dives 30%
9.5.2022
MAYC, BAYC, and Otherdeed trading volumes are all way down, as are volumes in the entire NFT market, possibly signaling a general cooldown in the industry
Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
8.5.2022
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower...
$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week
6.5.2022
With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders. 7-Day NFT Sales Volume Jumps 74%...
'Someone is blowing up' — Bitcoin sees 2022 volume record amid hopes capitulation is over
6.5.2022
Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century
Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume
6.5.2022
After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day