In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $ 1.51 billion. Additionally, this month marked a record in fee collection, with miners securing $ 324.83 million in onchain transaction fees. Bitcoin Miners Smash Records — Highest Monthly Haul of $ 1.51 Billion in December 2023 December 2023 …
Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $ 1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $ 1 Billion Initially, on Nov. 22, 2023, Blast’s value locked was recorded …
The Chinese State Administration of Foreign Exchange (SAFE) has cracked down on an underground bank that used crypto to offer illegal exchange services. The operation, which had over 1,000 bank accounts and a presence in 17 provinces, moved over 15.8 billion yuan ($ 2.2 billion) to purchase crypto on exchanges overseas and provide yuan …
Bitcoin options open interest has soared to unprecedented levels, surpassing the $ 18 billion threshold on Dec. 22, 2023. Currently, evidence indicates that bitcoin traders are leveraging bitcoin options to mitigate risk and speculate on the future price trajectories of bitcoin, particularly in anticipation of major developments such as the U.S. Securities and Exchange …
This year, the cryptocurrency market has seen a dramatic surge, ballooning from a modest $ 827 billion at December’s close in 2022, to a robust $ 1.736 trillion presently. In this period, numerous cryptocurrencies have experienced significant growth. The following analysis delves into the crypto economy’s top performers and underperformers over the last …