Metaverse, AI, and Liquid Staking Tokens Among Top 125 Crypto Assets Gaining Year-On-Year
If we talk, Bitcoin and Ethereum, which are said to be the major crypto currency assets in 2023, have made great gains and Bitcoin has gained 17.2% in the last 30 days and Ethereum has gained 9.3% in the same range. While the year-to-date figures show that bitcoin is down 38.3%, Ethereum is seen in a decline against the US Dollar and is down 39.3%. If we talk, let’s look at 12 crypto assets that have gained in their fundamentals during the last 12 months.
Binance US denies report comparing it to fraudulent crypto exchanges
Binance US denies all reports that draw parallels between it and “what appear to be fraudulent exchanges that have gone bankrupt.” The United States-based crypto trading platform insists that “only Binance.US employees” have access to its bank accounts and denies allegations that the global crypto exchange itself has “secret access”. The exchange elaborates that we are led by former DOJ, SEC, FBI, and NY Fed employees who are responsible for operating a platform that is secure and compliant with US laws and regulations, and that Binance US has never does not trade nor lend customer funds. Binance US has always been 1:1 backed and operates under regular audit and reporting by government agencies.
Nearly 3 billion USD stable coins have been removed from the market in 6 days
Six days ago, before blockchain infrastructure platform Paxos announced it would no longer mine BUSD stable coins, $2.86 billion worth of BUSD was redeemed and currently the most active crypto exchange Binance BUSD token, and in the past twenty-four hours The stable coin, of course, currently commands around 10.7% of the $67.71 billion global trade volume of the crypto economy.
Bitcoin continues to record blocks above 3.75Mb range as simple inscription nears 150,000
As sequential inscriptions reach the mark 150,000, blocks larger than 3 MB become common, while blocks near the 4 MB range are numerous. Meanwhile, average transaction fees on the chain have remained flat over the past few weeks, after surging 122% in early February 2023, and are currently trending along the same lines at $1.77 per transfer.
Sony and Astar Networks Launch Web3 Incubation Program for NFT and DAO-Focused Projects
On February 17, 2023, Sony Network Communication, based in Tokyo, Japan, announced that it is co-hosting an important web3 event with multichain smart contract platform Astar Network. The program begins accepting applications and Sony and Astar will jointly mentor “utility-oriented” Web 3 projects featuring NFTs and Decentralized Autonomous Organizations (DAOs).
NFT sales grew by over 43% in the past week to over $397 million
As of February 18, NFT token sales over the past 7 days showed a 43.97% increase over the previous week, with NFT sales volume reaching $397.86 million this week with 345,716 NFT buyers and roughly 1.62 million transactions recorded. done.
Open sea drops fees to zero and announces new creator income model in response to shifting NFT landscape
The largest known market for non-fungible tokens (NFTs) has announced changes to its fee structure and policies in response to changes in the NFT ecosystem. The company detailed that for a limited period of time it would drop the fee to zero and offer an alternative creator-owned model with a minimum fee of 0.5% for all collections that do not use on-chain enforcement. .
Biggest Movers: DOT remains near multi-month high as LINK hits 9-day high
Polkadot remained close to its highest level since September as bullish sentiment turned up to start the week and after moving above $7.00 on Friday we see that momentum was higher during Saturday. Chainlink was also higher, and its price had moved to its 9-day high.
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700 as Markets Rebound on Saturday
If we talk about it, Ethereum was once again trading above $1700 to start the week as the crypto currency market completely reversed from Friday’s fall and today’s session saw a rise in the global crypto market cap. As the bulls went to see yesterday’s decline and with these prices nearing the $25000 mark bitcoin was also back in the green.
