Category: Uncategorized

[ad_1] The cryptocurrency market cap saw net outflows of $3.64 billion since the last wMarket report. As of press time, the total crypto market cap stood at $920.06 billion, down 0.4% over the last 24 hours. Bitcoin’s market cap fell 0.6% over the reporting period to $369.10 billion from $369.10 billion. Meanwhile, Ethereum’s market cap…

[ad_1] Layer-1 blockchain network Aptos crashed by roughly 45% on its first day of trading to $8.15, according to CoinGecko data. On Binance, APT’s value briefly spiked to as high as $59.39 before crashing to under $10. The crypto exchange accounts for over 50% of the token’s trading volume over the last 24 hours. Aptos…

[ad_1] The dominant media narrative surrounding Bitcoin has been one of an energy-guzzling digital asset used for speculation. Institutions ranging from local governments to the World Economic Forum (WEF) have been touting Bitcoin’s energy usage as a huge driving factor of climate change, issuing reports comparing its energy consumption to various nation-states. This narrative was…

[ad_1] Investors appear to be losing interest in Metaverse-related tokens as only one among the top 10 crypto assets in the niche has recorded a positive performance in the last 30 days. According to CryptoSlate data, Bored Apes affiliated ApeCoin (APE) has shed 26.42% in the last 30 days. Over the seven-day metrics, it has lost…

[ad_1] Four blockchain advocacy groups have filed amici curiae in support of Grayscale’s spot Bitcoin ETF lawsuit against the Securities and Exchange Commission (SEC). The Blockchain Association, Chamber of Digital Commerce, Chamber of Progress, and Coin Center were named as parties to the amici curiae filed before the U.S. District Court on Oct. 18. 1/…

[ad_1] Terra Classic community approved proposal 5234, which reduces 1.2% tax burn to 0.2% and reserves another 10% tax revenue for the ecosystem infrastructure and contributors. According to a LUNC developer, 83% of the community participated in the voting process, and the proposal was approved by 82% of yes votes. The new tax rate will…

[ad_1] This time one year ago, Polygon was the second largest chain for the number of NFT users, which Footprint Analytics counts as a wallet address that has bought or sold an NFT asset at least once in the previous month. By growing from nearly zero percent of the market share of NFT users to…

[ad_1] The total amount of Bitcoin (BTC) held by exchanges reached its lowest since 2018, while Ethereum (ETH) supply on exchanges has been increasing significantly since June 2022. The numbers also indicate that investors who buy and hold Bitcoins prefer Coinbase to do so. Bitcoin Bitcoin held by exchanges has reached its lowest in four…

[ad_1] Nuri, a German crypto neobank, is closing its doors as it was unable to find an acquirer after filing for insolvency in August, CEO Kristina Walcker-Mayer said in an Oct. 18 blog post. The CEO said the decision was taken as the company was unable to find a potential acquirer or investors after working…

[ad_1] Roughly 50,000 Bitcoin (BTC) were withdrawn from Coinbase on Oct. 18, making it the first time since June that such a massive amount of the flagship token has left the exchange. The chart below demonstrates the Bitcoin withdrawals from Coinbase since the beginning of the year with the orange line. Bitcoin balance on Coinbase…