Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales Volume Metrics show that the NFT marketplace Opensea has surpassed $20 billion in all-time sales volume,…
Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for support levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Melt-up or breakdown? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in the range defined in recent days without significant downside pressure. Circling $44,000, traders were mostly preoccupied with a…
Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate, and not ban, crypto. Bitcoin Bitcoin was marginally higher on Wednesday, as the world’s largest cryptocurrency received a boost from the news surrounding Russia. BTC/USD rose to an intraday high of $44,312.45 during today’s session, as bulls re-entered the race…
Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch in its market. The token was issued in 2016 to refinance crypto exchange Bitfinex after it lost about $70 million worth of Bitcoin (BTC) in a hacking incident. In its original whitepaper explaining LEO,…
The Russian government and the country’s central bank have reached an agreement on how to regulate Bitcoin and other cryptocurrencies in a plan to recognize digital assets as a form of currency. According to a document published on the Russian government official website on Tuesday night, a draft law is expected to be introduced by February 18. “The circulation of…
On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any user to “instantly verify the provenance and authenticity” of vaccines by scanning the QR code on the package. Somewhat surprisingly, throughout the pandemic, there have…
The esports organization Immortals has just signed a three-year partnership deal with the cryptocurrency exchange Bitstamp. Under the deal, Bitstamp will be the gaming organization’s founding partner and official cryptocurrency exchange. Bitstamp did not respond to Decrypt’s request for details about the funding amount. This isn’t the Immortals’ first foray into the world of cryptocurrency. It already has an existing…
press release PRESS RELEASE. Not only are the financial markets experiencing a revolution due to blockchain technology and cryptocurrencies, but NFTs are changing the digital space for artists and consumers and investors. NFTs, already a multi-billion dollar sector, have witnessed an incredible rise of art collectors and investors, from professionals to hobbyists and newbies. Digital artwork and collections are selling…
The Nasdaq-listed digital assets financial services company Eqonex has launched a new type of Bitcoin (BTC) investment product, a BTC dated futures contract with a physical settlement. Announcing the news on Wednesday, Eqonex explained that its BTC dated futures are denominated in the USD Coin (USDC) stablecoin and increase in parallel with the BTC price increase against USDC. In contrast…
In brief Candy Digital will release NFTs based on 23 NASCAR Cup Series vehicles as part of a deal with the Race Team Alliance. Fanatics’ NFT business has more sports partnerships ahead, CEO Scott Lawin tells Decrypt, plus a move into entertainment NFTs. Sports merchandising giant Fanatics made a big play in the NFT space last year, launching Candy Digital…
