Cryptocurrency Market

  • Market Cap: $2,652,519,160,659.01
  • 24h Vol: $109,136,225,300.82
  • BTC Dominance: 58.15%

Blockchain

arbitrum’s-daily-transaction-count-surpasses-ethereum-for-the-first-time-ever

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever

According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling Solution Arbitrum’s Daily Transfers Skyrocket Layer two (L2) scaling networks have become popular over the last two years as secondary […]

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briton-wanted-by-us-for-advising-north-korea-on-crypto-arrested-in-russia

Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia

A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyang to bypass sanctions using digital assets. U.K. Citizen Sought by U.S. for Violating North Korea Sanctions Apprehended in a Moscow Hostel The Russian

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luxor-technologies-acquires-ordinalhub-to-provide-tools-for-bitcoin-based-nfts

Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs

With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address Challenges in the Market for Ordinal Inscription Trades At the time of writing, there are

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litecoin-network-adopts-ordinal-inscriptions,-following-bitcoin’s-lead

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead

Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain.

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binance-increases-usdc-holdings-as-busd’s-market-cap-slides-lower

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by

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original-bitcoin-wizard-artist-raises-nearly-$150,000-in-btc-via-lightning,-despite-criticism-from-bitcoin-maximalists

Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists

On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were successful, Wertheimer explained that bitcoin maximalists and the r/bitcoin moderator Bashco disliked it. Artist Who

Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists Read More »

bitcoin-network-difficulty-expected-to-see-largest-increase-of-the-year-amid-high-hashrate,-shorter-block-times

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times

After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height 772,128. Next Bitcoin Difficulty Change

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ethereum’s-transition-to-proof-of-stake-yields-deflationary-results

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to

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helium-network-migration-to-solana-blockchain-in-march-drives-significant-gains-for-sol-and-hnt-tokens

Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens

Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week against the greenback. Core Helium Devs

Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens Read More »

ordinal-inscription-collections-on-bitcoin-blockchain-grow-as-creators-monetize-art

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art

With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins, Bitcoin Shrooms, Inscribed Pepe, Planetary Ordinals, Based Apes, Satoshi Punks,

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art Read More »