NFT sales volumes fell in the lead-up to Christmas in 2022 as well as in 2021. Meanwhile, Yuga Labs’s Bored Ape Yacht Club’s floor price increased ahead of the holiday. For the second year in a row, NFT sales have dipped leading up to Christmas. NFT trading volume fell from over $24 million on Dec….
Coinbase stock has fallen to an all-time low of $32.40 per share, dropping 6% over the past five days. America’s largest crypto exchange is ending the year on a sad note amid falling revenues and profits. It has been a brutal 2022 for Coinbase investors, with the company’s stock falling almost 87% over the year…
Bitcoin miner Argo Blockchain requested that trading be temporarily suspended on Nasdaq ahead of Wednesday’s open. The miner said two weeks ago that it was in “advanced negotiations with a third party” to sell certain assets to avoid filing for bankruptcy. Argo Blockchain, the UK-based company, is also listed on the London Stock Exchange, which…
As of the end of December, daily spot trading volume fell below $10 billion. Trading volumes haven’t been that low since Dec. 17, 2020, when bitcoin’s price first broke past $20,000. Meanwhile, Bitcoin accumulation is nearing record 800,000 addresses despite whale selling, while Bitcoin exchange withdrawals sink to a 7-month low. According to The Block’s…
Over the past month, the highest blockchain development activity was recorded in Cardano (ADA), Polkadot (DOT), Kusama (KSM), Cosmos (ATOM), Decentraland (MANA), and Ethereum (ETH) – data from Santiment revealed. Development activity indicates a project’s dedication to creating a viable product. According to Santiment, Cardano (ADA) is currently the most actively developed crypto. Multiple innovations…
Fidelity has filed three trademark applications to provide services in the metaverse and other virtual worlds in its latest move in the digital asset space. The trademarks filing is just the firm’s latest move in the field of digital assets. According to the filings, the global asset management giant wants to provide its traditional services…