Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according to the company. The fee reduction applies […]
In the first quarter of 2024, spot trading volumes of the top ten centralized exchanges (cex) topped $ 4.29 trillion, a 95.3% increase from the previous quarter. Despite facing legal challenges Binance remained the largest cex platform with a market share of 50%. The top crypto asset manager Grayscale’s converted GBTC exchange-traded fund (ETF) …
Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 13.72% reduction. This downturn marks the fourth consecutive week of declining NFT sales, a stark contrast to the record-breaking achievements witnessed throughout other sectors in March. During this period, the splendor of trading volumes did not extend to digital […]
This week, sales of non-fungible tokens (NFTs) surged by 16.8% over last week, as per the most recent statistics on digital collectibles. The Ethereum blockchain led the charge among 21 blockchains, capturing the top spot with sales totaling $ 148.49 million, marking a substantial increase of 99.08%. Digital Collectibles on the Rise: Ethereum Tops …
Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $ 1.28 billion in volume on Wednesday. Additionally, figures indicate that Grayscale’s Bitcoin Trust GBTC has offloaded another tranche of bitcoins, totaling 13,178.50 bitcoin valued at $ 527 …