Memecoins HODLlers outnumber Bitcoin, Binance survey says
Memecoins were also tipped by survey respondents as a leading source of market growth next year, behind AI tokens.
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Fanatic sells 60% stake in Candy Digital amid ‘imploding NFT market’
The sports merchandise giant has got cold feet in the shrinking NFT market. 255 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTSports merchandise firm Fanatics is divesting its stake in nonfungible token (NFT) company Candy Digital as confidence in the asset class wanes.On Jan. 4, it was reported…
Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts
Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts.Credit rating firm Moody’s released a note on Coinbase on Jan. 19 discussing its downgrade of the company’s senior debt and corporate family rating…
Before NFTs: Surging interest in pre-CryptoPunk collectibles
NFT hunters are suddenly rediscovering these forgotten vintage collectiblesLove them or hate them, blockchain collectibles are having a moment.It’s good art. It’s bad art. It’s good, bad art. Folks are flipping apes and robots and pixely punks. Tweets (which are arguably ownerless) are worth millions to the right buyer. Literal children — we’re talking humans…
Apollo DAO to close vaults on Terra Classic
The protocol's TVL has plunged from around $200 million in September 2021 to less than $125K. 813 Total views 14 Total shares Around the same time that a South Korean court issued an arrest warrant for Terra co-founder Do Kwon, Apollo DAO, a decentralized autonomous organization building on the Terra blockchain, said it was closing…
Price Analysis Jan 20: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA
The total market capitalization of the crypto space rallied from about $184 billion on Jan. 3 to a high of $250 billion on Jan. 19. That is a 35% gain within a short span of time. Usually, fast-paced rallies do not last long, hence, for the long-term health of the markets, it is better to…
OpenSea NFT trading volume surges as Bored Ape mania intensifies
Data shows that OpenSea has generated more than $700 million in sales so far this year putting the NFT marketplace on track for another record month. 425 Total views 8 Total shares NFT trading volumes on OpenSea are surging in January amid a renewed speculative frenzy on Yuga Labs’ Bored Ape Yacht Club (BAYC) and…
Iran: Science and Tech Department Official Says Blockchain Can Improve National Economy
An official at the Iranian government’s vice presidency for science and technology has said blockchain can help improve the country’s national economy. His statements were reported by English-language daily newspaper The Tehran Times on Dec. 16.Alireza Daliri, deputy for management development and resources at the vice presidency for science and technology, is quoted as saying…
BSN ‘Split’ Can Stimulate China’s Blockchain Sector Toward Global Reach
Launched in April 2020, China’s Blockchain Service Network was designed to serve as a hosting platform for small and medium-sized businesses as well as independent entrepreneurs alike. The network seeks to provide developers with a wide array of tools to devise various novel blockchain applications, thus enabling the creation of a standardized blockchain ecosystem across…