Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,403,738,990,227.88
  • 24h Vol: $55,630,174,149.64
  • BTC Dominance: 56.54%

Crypto asset

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

Leave a Comment / Auto-Conversion, Balances, Binance, Binance USDC, Bitcoin, Blockchain, BUSD, Crypto asset, Crypto Hacked, Cryptocurrency, DAI, Digital Assets, Digital Tokens, digital wallets, ERC20, Ethereum, Finance, Fintech, holdings, Market Cap, Market Capitalization, market fluctuations, Market Trends, Nansen, News, Paxos, portfolio viewer, redemptions, Stablecoin, Top Ten, trade volume, tusd, USDC, USDT, Virtual Currency, Wazirx / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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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Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

Leave a Comment / 2020, 8 consecutive months, activeplayer.io, axie, axie infinity, axs, Bitcoin, Blockchain, blockchain games, Call of Duty, Comparison, count, Count Drop, Crypto asset, Crypto Hacked, Cryptocurrency, Decrease, Decrease in players, Ethereum, low, Market Capitalization, Millions, Monthly, monthly drop, Monthly numbers, Native Token, News, nft, NFTs, Non-fungible Token, Non-fungible tokens, November, online video game, Overwatch 2, P2E, P2E games, peak, play to earn, player, players, Ronin Blockchain, Ronin market, sales, Statistics, Top Games, top-played games, Valuations / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar in the last 30 days.

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Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

Leave a Comment / Altcoins, Asset-backed, asset-backed BTC token, Bitcoin, Bitgo-backed, circulating supply, collateralized, collateralized BTC, Crypto asset, Crypto Hacked, Crypto-collateralized, Cryptocurrency, custody, derivative, Eastern Time, ERC20-based, Ethereum, Ethereum chain, Jan. 2019, Largest operation, Market Capitalization, redemption, STETH, Synthetic Bitcoin, Synthetic BTC, Token value, tokenization, tokenized, Transparency dashboard, Tron blockchain network, WBTC, Wrapped, wrapped bitcoin, Wrapped Bitcoin Token, Wrapped BTC, Wrapped BTC Token, Wrapper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions The Bitgo-backed

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