Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $ 341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s Wrath This September, …
Coinbase CEO Discusses US Crypto Regulation — Sees More Institutional Investors Coming In
Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a possibility we’ll just get a different SEC chair in […]
Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop
In the first week of September, an outflow of $ 59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $ 294 million or 0.9% …
Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $ 20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning Network’s Capacity Drops by …
While Worldcoin Sees a 148% Surge in Unique Addresses, the Top 20 Wallets Command 94% of WLD Supply
Worldcoin’s native cryptocurrency, worldcoin (WLD), has oscillated in value between $ 2.69 and $ 2.13 per token throughout the preceding 12 days, peaking at $ 3.30 per coin on July 24, 2023. The number of individual addresses possessing WLD under Worldcoin’s umbrella has surged by more than 148%, escalating from 164,195 wallets …