Metaverse NFT Trading Volume Hit New All-Time High, DappRadar Says
Another reason for the increase in trading volume is due to NFT marketplace Blur’s “airdrop seasons and farming,” according to Sara Gherghelas, blockchain analyst at DappRadar. “The NFT whales decided to farm [virtual] land, especially the MG Land project, which is an NFT collection.”
Related Posts
Pantera Capital Raises $71 Million for Third Crypto Venture Fund
Blockchain investment company Pantera Capital has launched a new crypto fund with over $71 million already committed.
Solana Tokens or: How I Learned to Stop Worrying and Love the Points
SALT LAKE CITY — The way Barrett from Cypher Protocol sees it, Solana’s comeback depends on one thing: tokens.Specifically, new tokens from teams on the Solana blockchain that haven’t issued them before. They’re the key to driving liquidity, trading activity and most important, new users into a decentralized finance ecosystem that sorely needs all three.Barrett,…
Bank of America Joins Marco Polo Blockchain Trade Network
news Bank of America has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain technology. Founded by startups R3 and TradeIX, Marco Polo is built on R3’s Corda blockchain platform. The network aims to deliver real-time connectivity, greater visibility for trading relationships and lower barriers to accessing capital. According to…
Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia’s Earnings Rejuvenates AI-Tokens
Bitcoin fell to as low as $50,700 late Wednesday, while ether dropped just under $2890 before reversing losses early Thursday.Some traders said the sell-offs were expected and not indicative of a broader market trend, citing price-action analysis.The crypto market hit multi-month highs earlier this week, declining a bit, before recovering early Thursday, as traders took
Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
Crypto markets are bracing for a downturn as liquidity tightening resumes after the U.S. debt ceiling is lifted, observers said.The replenishment of the U.S. Treasury general account and the Federal Reserve (Fed) winding down its balance sheet will remove hundreds of billions of dollars from the financial system, weighing on cryptocurrency prices in the coming…
How Coinbase Is Using an Ethereum Upgrade to Help Merchants Accept USDC
news Coinbase Commerce is putting ethereum’s most recent upgrade, Constantinople, to use for thousands of retailers and merchants around the world. Launched early last year, Coinbase Commerce is an app for online vendors wanting to accept payments in crypto and integrate these purchases into existing business cash flows. As reported by CoinDesk in May, over…
BlockFi Administrator Submits Plan in Court to Make Customers Whole
Bankrupt crypto lender BlockFi's plan administrator has asked a U.S. court for an order for the final distribution to make customers and unsecured creditors whole. "This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc. The administrator
Solidus Labs Believes Its Crypto Surveillance Tool Can Help Launch a Bitcoin ETF
Nov 19, 2020 at 8:10 a.m. UTCSolidus Labs CTO Praveen Kumar (left), COO Chen Arad (top) and CEO Asaf Meir (right). (Solidus Labs)Solidus Labs Believes Its Crypto Surveillance Tool Can Help Launch a Bitcoin ETFMarket manipulation is one of the main concerns the U.S. Securities and Exchange Commission (SEC) has cited in rejecting a number…