While it seems OpenSea is keeping pace with January’s total volume of $5 billion by generating over $1.3 billion in total volume the last 7 days, the number of active users has decreased by more than 30% according to data from Dune Analytics.Are we beginning to see a lull in trader activity as a sign of an impending market pullback or are investors and collectors taking their … [Read more...] about NFT prices misfire as OpenSea daily active user volume drops 30% in a week
Daily
Bullish Expands Worldwide as Daily Trading Volume Tops $150M
Crypto exchange Bullish said it is expanding to over 40 jurisdictions in Asia-Pacific, Europe, Africa and Latin America, giving institutional and retail investors access to its liquidity pools totaling more than $2 billion.Since it opened in November, the exchange has achieved 24-hour total trading volume of over $150 million, Bullish announced Tuesday.It has also “hydrated its … [Read more...] about Bullish Expands Worldwide as Daily Trading Volume Tops $150M
Binance Smart Chain sets record after 14.7 million daily transactions in one day
In previous times, Bitcoin and Ethereum blockchains dominated the landscape as most of the transactions on the space occurred through either of them; however, data from BscScan, an analytical tool used to measure the numbers of transactions alongside other metrics on Binance Smart Chain (BSC) has shown that its daily transaction almost hit 15 million, making it the first … [Read more...] about Binance Smart Chain sets record after 14.7 million daily transactions in one day
Binance Smart Chain hits record-high daily transactions
Analytical data from BscScan, a sister product of Etherscan, reveals that Binance Smart Chain (BSC) surpassed 14.7 million blockchain transactions on Nov 16. This establishes a landmark all-time high for the decentralized finance (DeFi) network which exceeds the previous high of 13.1 million recorded on July 29 this year.In addition, 276,446 new wallet addresses were created … [Read more...] about Binance Smart Chain hits record-high daily transactions
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It’s the second time this year, and the price went vertical last time. More than $1 billion worth of Ether (ETH) has been removed from centralized exchanges in the past 24 hours, leading to speculation about imminent price gains for Ether as supply shrinks on many trading … [Read more...] about $1.2B in Ether withdrawn from centralized exchanges in record daily outflow