Another decline in NFT market sales occurred during the last week, with a decline of 7.91% from the prior week. Both the number of buyers and sellers saw significant drops; the former fell by 73.46 percent and the latter by 61.18 percent from the previous week. According to DappRadar statistics,
September 14, 2024 1 min read
Fhenix, a Fully Homomorphic Encryption (FHE) Layer 2 has announced the integration of Celestia as its data availability solution. Through the provision of reliable and decentralized data streams, Fhenix will facilitate the development of robust onchain apps with integrated privacy features for developers. Transaction data is accessible for download by anyone via Celestia’s modular
September 12, 2024 1 min read
The newest Guardian to join layer 3 network Orbs’ ecosystem is Animoca Brands Japan, according to the company. To ensure the continued reliability and safety of Orbs’ L3, the Japanese arm of the worldwide gaming and web3 behemoth will operate a validator node there. Animoca Brands Japan is a powerful force in
September 11, 2024 2 mins read
Following a disappointing August employment report that hinted at the US economy’s continued vulnerability to a recession, Bitcoin’s (BTC) value fell below $54,000 over the weekend. However, it has since recovered and is again trading around $56,000. Crypto equities have also seen a significant recovery, similar to the price of
September 9, 2024 2 mins read
Over the last eight days, a total of $1.2 billion has been removed from eleven different spot bitcoin exchange-traded funds (ETFs) in the US. According to Bloomberg statistics released on September 9, investors pulled about $1.2 billion out of the eleven spot Bitcoin (BTC) exchange-traded funds (ETFs) from August 30
September 9, 2024 1 min read
By adding tokenized US Treasury notes (T-bills) to the XRP Ledger (XRPL), Ripple is increasing the platform’s functionality. As part of their relationship, Ripple and OpenEden, a leading supplier of tokenized RWA, have made this major milestone. As a result of the partnership, XRPL holders would have access to US
September 8, 2024 1 min read
August output reports from Bitcoin miners showed varied results for the industry as a whole. Several businesses have taken proactive measures to streamline their processes in response to network challenges and the increased demand for power, especially in Texas, a state with a large mining industry. With the Bitcoin network’s
September 8, 2024 2 mins read
Net withdrawals of $211.15 million were recorded by U.S. spot bitcoin exchange-traded funds on Thursday, marking their seven-day streak of negative flows. SoSoValue data shows that out of all the spot bitcoin ETFs, Fidelity’s FBTC had the most outflow, totaling $149.49 million. Bitwise’s BITB then had a net loss of
September 6, 2024 1 min read
There have been increasing demands for Bitcoin prices below $50,000. As the market continues to see selling pressure on the cryptocurrency. Nevertheless, Bitcoin whales persist in amassing BTC with each price decline. The whales seem to be feeling confident in the days leading up to Friday’s publication of US employment
September 6, 2024 1 min read
The second season of EigenLayer’s stakeholder airdrop, or “stakedrop,” will distribute 86 million EIGEN tokens to stakeholders, node operators, ecosystem partners, and community members. On or before September 17, 2024, the distribution will start targeting participants who were active between March 15 and August 15. This follows April’s announcement of
September 5, 2024 1 min read
