Ethereum NFT royalties hit 2-year low as Bored Ape floor price falls below 30 ETH

NFT royalties are an important gauge of incoming revenues to fund the ongoing development of various projects in the ecosystem.

Ethereum NFT royalties hit 2-year low as Bored Ape floor price falls below 30 ETH

Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen. Data shared with Co...

1 year ago

BlackRockā€™s BTC ETF Filing Could ā€˜Democratize Crypto,ā€™ CEO Larry Fink Says

Fink likened crypto to ā€œdigitizing goldā€ and outlined bitcoin as an ā€œinternational assetā€ that could serve as a hedge against inflation.

BlackRockā€™s BTC ETF Filing Could ā€˜Democratize Crypto,ā€™ CEO Larry Fink Says

Larry Fink – Chief Executive Officer of BlackRock – raised hopes that his company’s recent filing to launch a spot Bitcoin exchange-traded fund (ETF) in the USA could make inve...

1 year ago

SXP Price Trend Reversal: Is it Bullish or Bearish?

The SXP price showed signs of a bullish trend reversal when it broke out from a nearly two-year-long resistance line at the beginning of March 2023

SXP Price Trend Reversal: Is it Bullish or Bearish?

However, the price failed to sustain its increase and has fallen since reaching a new yearly high in April. The price trades within a horizontal range and shows mixed signs in multiple time fram...

1 year ago

Polkadot Leads in Crypto Development Activity, But DOT Is in the Doldrums

Multi-chain crypto network Polkadot has the highest developer activity, according to recent research

Polkadot Leads in Crypto Development Activity, But DOT Is in the Doldrums

On July 6, blockchain analytics platform Santiment published its latest crypto development activity list, and there were some surprising results. ...

1 year ago

Binance US market share drops below 1% amid regulatory lawsuit: Report

The U.S. market share of Binance.US has reportedly dropped amid a Securities and Exchange Commission lawsuit, while Coinbaseā€™s rose roughly 7% in June.

Binance US market share drops below 1% amid regulatory lawsuit: Report

United States-based cryptocurrency exchange Binance.US has reportedly seen its market share drop more than 20% amid a lawsuit from federal financial regulators. According to a July 5 r...

1 year ago

CFTC investigators conclude ex-Celsius CEO Mashinsky broke US rules: Report

If a majority of CFTC commissioners agree with the conclusion, the regulator could file a case in federal court.

CFTC investigators conclude ex-Celsius CEO Mashinsky broke US rules: Report

Investigators from the Commodity Futures Trading Commission (CFTC) have reportedly determined that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke several United States re...

1 year ago

Binance, Coinbase and Gemini staff are among the least happy, data suggests

Crypto exchange Binance said its ā€œhardcoreā€ work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt.

Binance, Coinbase and Gemini staff are among the least happy, data suggests

Crypto exchanges, including Gemini, Binance and Coinbase, are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some argue the re...

1 year ago

Bitcoin Mining Revenue Hits $184 Million in Q2 Amid Ordinals Fervor

The experimental class of tokens has delivered a healthy quarterly sum to miners, analysis shows.

Bitcoin Mining Revenue Hits $184 Million in Q2 Amid Ordinals Fervor

Bitcoin miners are awash with funds from transaction fees, a multimillion-dollar windfall generated this past quarter due to the popularity of BRC-20 tokens and Ordinals, according to Coin Metri...

1 year ago

Binance suspends support for 8 Multichain-bridged tokens amid cross-chain issues

Multichain's MULTI token plunged by 7% following news of Binance's latest withdrawal suspension.

Binance suspends support for 8 Multichain-bridged tokens amid cross-chain issues

Crypto exchange Binance will suspend support for eight Multichain-bridged (MULTI) tokens on July 7 till further notice because of the issues with some of the protocol’s cross-chain routes....

1 year ago

Denmark orders Saxo Bank to get rid of its crypto ā€” for now

Denmark financial watchdog warns Saxo Bank that crypto trading is unregulated until the European Unionā€™s MiCA policy comes into effect

Denmark orders Saxo Bank to get rid of its crypto ā€” for now

In Denmark, the financial regulator has instructed Saxo Bank to scrap its crypto holdings due to their unregulated status in the country. The Danish Financial Supervisory Authority (FS...

1 year ago

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