Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,405,003,212,360.21
  • 24h Vol: $54,332,229,412.15
  • BTC Dominance: 56.55%

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us-government-plans-to-sell-over-41,000-bitcoins-confiscated-from-silk-road-hacker

US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker

Leave a Comment / Analytics, Asset, Auction, Bitcoin, bitcoin sale, Blockchain, BTC, Coinbase, confiscation, Criminal Investigation, Crypto Hacked, Cryptocurrency, Currency, dark web, Digital, Ethereum, Exchange, Fed sale, financial, forfeiture, Fraud, glassnode, James Zhong, Liquidation, Marketplace, News, prosecution, Seizure, sentencing, Silk Road, Ulbricht, US government, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government, one of the […]

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nft-sales-drop-5.4%-to-$193m,-ethereum-dominates-with-$107m-in-sales:-weekly-recap

NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap

Leave a Comment / Art, Auction, Bitcoin, Blockchain, Blockchain Art, Bored Ape Yacht Club, Buyers, Cardano, collectibles, Crypto Hacked, Cryptocurrencies, Cryptocurrency, cryptopunks, Decentralization, Degods, Digital Art, Digital Assets, Ethereum, Gods Unchained Cards, high-value, HV-MTL, market, Markets, MG Land, Mutant Ape Yacht Club, News, nft, NFTs, Non-fungible tokens, Otherdeed, Ownership, sales, Solana, Sorare, Statistics, Technology, trends, Weekly Recap, weekly sales, Y00ts / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT Market Shows Signs of Slowdown With

NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap Read More »

report:-us-government-auctions-off-failed-banks-svb-and-snby,-crypto-restrictions-apply

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

Leave a Comment / American Banks, anti-crypto, Auction, auctioning banks, bailout plan, bank failures, bank shutdowns, Banking Industry, Barney Frank, bidders, Bids, Bitcoin, Chartered Bank, controversy, crypto businesses, Crypto Hacked, Cryptocurrency, depositors, Ethereum, FDIC, Finance, Financial Institutions, Financial News, New York State Department of Financial Services, News, Piper Sandler Companies, potential buyers, private equity companies, Regulations, regulations vs innovation, restrictions, Reuters, Signature Bank, Silicon Valley Bank, sources, strict rules, traditional lenders, unidentified sources, US economy, US government / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal

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report:-silicon-valley-bank-under-fdic-auction-as-calls-for-bailout-grow

Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

Leave a Comment / appropriately capitalized, Assets, Auction, Bailout, bank runs, Banking system, Bill Ackman, billionaire, Bitcoin, Bloomberg Report, branches, California regulators, comment, Craft Ventures, Crypto Hacked, Cryptocurrency, David Sacks, debate, Decision, Ethereum, FDIC, final bids, Galaxy Digital, Garry Tan, Janet Yellen, Mike Novogratz, Monday, News, receivership, response, Silicon Valley Bank, SVB, SVB issues, system, tech founders, U.K., U.S., U.S. Treasury Secretary, Venture Capitalists, weaknesses, Y Combinator / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on

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makerdao-issues-emergency-proposal-to-address-$3.1b-in-usdc-collateral-after-stablecoin-depegging-incident

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

Leave a Comment / Auction, Bitcoin, Black Thursday, cash and stables, Circle Financial, collateral, collaterized, Crypto, Crypto Hacked, Cryptocurrency, DAI, DAI price, Dai Stablecoin, decentralized finance, DeFi, emergency proposal, Ethereum, Exposure, failure, Impact, impaired, Liquidity, makerdao, market, News, Parity, potential, proposal, Risky, Silicon Valley Bank, Stability, Stablecoin, stablecoin assets, Stablecoins, stables, support, tail risk, underwater, USDC, Voters / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of the project’s stablecoin, DAI. Makerdao Proposes Changes to Limit Exposure

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident Read More »

yuga-labs’-twelvefold-collection-of-ordinal-inscriptions-generates-735-bitcoin,-worth-more-than-$16-million

Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million

Leave a Comment / art market, art system, Auction, bidding, Bitcoin, Bitcoin Punks, Blockchain, blockchain technology, Bored Ape Yacht Club, Crypto, Crypto Hacked, Cryptocurrency, Demand, Digital Art, Digital Assets, Emblem Vault, Ethereum, Investors, News, nft, NFT collection, Non-fungible Token, Ord Rocks, Ordinal Inscription auction, sales, sales space, Satoshi, satpoint, Schmigge Figge, Solana, Twelvefold auction, Twelvefold collection, Yuga Labs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than $16 million. The highest bid was 7.1159 bitcoin, equivalent to $160,000. Individuals

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bitcoin-based-nfts-cross-200,000-ordinal-inscriptions,-yuga-labs-launches-twelvefold-collection

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection

Leave a Comment / 200000, 3D elements, 55000, art system, Auction, Bitcoin, Bitcoin (BTC), Blockchain, Blue-Chip NFTS, Bored Ape Yacht Club, BTC, cartography, Crypto Hacked, Cryptocurrency, data, Digital Collectibles, Ethereum, generative creations, hand-drawn features, images, inscriptions, litecoin, litecoin (LTC), litoshi, litoshis, LTC, minting, News, NFTs, Non-fungible tokens, Ordinal inscriptions, ordinals, Satoshi, satoshis, software applications, Technology, Text, Twelvefold, videos, Yuga Labs / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created a collection of 300 generative ordinal NFTs called Twelvefold.

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nft-sales-soar-138%-in-past-week,-blur-market-dominates-this-week’s-eth-based-nft-sales

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales

Leave a Comment / Asset Management, Auction, Azuki, Bitcoin, Blockchain, blockchain technology, Blur, bnb, Bored Ape Yacht Club, Collectors, Crypto Hacked, Cryptocurrency, Decentralized, Digital Art, digital ownership, Ethereum, Immutable X, Investments, JPG Store, looksrare, market, Market Share, Markets and Prices, Moonbirds, Mutant Ape Yacht Club, NFTs, Opensea, Opepen Edition, Otherdeed, Polygon, sales, Solana, Weekly NFT Sales, X2Y2 / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead NFT Sales Surge While crypto asset

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales Read More »