According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $ 12.37 billion year-to-date, exceeding the total crypto purchases of 2023. This indicates that exchanges and trading platforms are preparing to accommodate a large …
Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days
In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $ 137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume in the last three months. Polymarket Outpaces June Volume in …
NFT Sales Soar 24% as Ethereum Takes the Lead This Week
Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales reached an impressive $ 99.05 million, with Ethereum-based NFTs leading the charge at $ 36.62 million. NFT Market Booms With Ethereum at the …
Bitcoin ETFs Soar With $252M Influx, Ether ETFs Experience Another Day of Losses
US Bitcoin ETFs Soar With $192M Boost; Ethereum ETFs Record Modest Loss
The latest figures from U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) reveal another contrasting shift. Bitcoin ETFs welcomed $ 192.56 million in inflows, while their ethereum counterparts saw around $ 2.87 million in net outflows. Blackrock’s IBIT Leads Inflow Gains On Thursday, bitcoin and ether ETFs moved in opposite directions, with bitcoin …