During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain Witnesses Unprecedented 4 MB Block Over the recent weekend, Marathon, a […]
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $ 2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $ 6.2 billion. Tether’s secured loans ($ 4.8 billion), which are collateralized by highly liquid assets, were “fully covered by the undistributed accumulated profits known …
Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales
In November, Bitcoin clinched the leading position in monthly non-fungible token (NFT) sales, and interestingly, this month Bitcoin continued to retain its top status, amassing a total of $ 853 million in sales. NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise Although NFT sales have declined in the past week, …
Wallet of Satoshi Exits US Market Amidst Record-Breaking Month, Leaving Customers to Seek Alternatives
On Friday, Wallet of Satoshi, a provider of Lightning Network payment services, announced its departure from the U.S. market, though it refrained from providing specific reasons. The firm informed its U.S. clientele that they could “withdraw and transfer” their funds to a different wallet. Wallet of Satoshi Halts U.S. Operations A recent update on X […]
NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections
In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $ 106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $ 60.23 million, a modest 0.98% climb …