Cryptocurrency Market

  • Market Cap: $2,373,744,303,466.21
  • 24h Vol: $113,374,661,454.85
  • BTC Dominance: 56.14%

Blockchain

animoca-brands,-the-sandbox,-and-smobler-launch-virtual-peace-sanctuary-in-metaverse

Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse

Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding. Virtual Peace Sanctuary Debuts in The Sandbox Metaverse, Backed […]

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top-10-bitcoin-holders:-exchanges,-corporations,-and-governments-dominate-the-charts

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts

Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities

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1.71-million-btc-from-2009-2012-block-rewards-still-dormant,-worth-over-$100b

1.71 Million BTC From 2009-2012 Block Rewards Still Dormant, Worth Over $100B

This past week, a batch of five block rewards from 2009 were moved for the first time in almost two years. Interestingly, since 2015, only 48 block rewards from Bitcoin’s creation year have been spent. With the reawakening of these so-called ‘sleeping’ bitcoins from Bitcoin’s early days, it’s a good time to reflect on just

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the-5-month-halving-hangover:-bitcoin-miners-continue-to-face-revenue-struggles 

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles 

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during

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nft-sales-climb-7.33%,-mythos,-blast,-and-solana-lead-the-charge

NFT Sales Climb 7.33%, Mythos, Blast, and Solana Lead the Charge

Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable lift. NFT Gains: Digital Collectible Buyers Increase by 137% as Sales Hit $77.13M After several weeks

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terraform-labs-gets-court-approval-to-wind-down-operations-in-bankruptcy

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted

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cryptoquant:-coinbase’s-cbbtc-could-challenge-bitgo-in-wrapped-bitcoin-market

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin token, cbBTC, in mid-September 2024, and it has swiftly expanded to a supply of 1,670 cbBTC, according

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lawmaker-flags-concerns-over-sec’s-crypto-approach

Lawmaker Flags Concerns Over SEC’s Crypto Approach

Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized approach. The lawmaker highlighted his subcommittee’s legislative successes but expressed frustration with the SEC’s broad and unclear regulations, which he argued burden digital asset

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bettors-on-polymarket-see-69%-chance-of-trump-launching-a-token-before-election

Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election

Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency

Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election Read More »

bitcoin-and-ethereum-fee-drop:-the-perfect-time-for-cost-effective-transactions

Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions

Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune transaction expenses for certain activities or even gather unspent transaction

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