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
Drops
Suit up! Cointelegraph Store drops fresh crypto swag
A new era in the world of crypto-inspired merch is here. The Cointelegraph Store is live and ready to outfit you with swag you can’t find anywhere else. Check out what we’ve been up to here.We specialize in one thing: products created exclusively for the crypto-converted. The HODLer. The nonfungible token (NFT) collector. The miner. Those on the rocket, and those already on the … [Read more...] about Suit up! Cointelegraph Store drops fresh crypto swag
Bitcoin drops below $5K – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Bitcoin drops below $5K – CoinDesk
Argo Blockchain Monthly Revenue Drops Even as It Mined More Bitcoins
Argo Blockchain, the sole crypto miner listed on the London Stock Exchange (LSE), said mining revenue fell 5.7% in December as a declining price for bitcoin more than offset an increase in production.The London-based company mined 214 bitcoins last month, taking the total for 2021 to 2,045, according to an announcement Friday.Mining revenue, however, fell to £7.82 million … [Read more...] about Argo Blockchain Monthly Revenue Drops Even as It Mined More Bitcoins
Kazakhstan’s Hashrate Drops as Internet Blackout Persists Amid Nationwide Protests
Internet watchdog NetBlocks reported that internet connectivity in Kazakhstan is still almost nonexistent. Connectivity was initially lost around noon UTC Wednesday. “Metrics indicate a simultaneous loss of connectivity affecting multiple providers, which could indicate the use of a centralized kill-switch,” NetBlocks told CoinDesk in a Twitter message. Source link … [Read more...] about Kazakhstan’s Hashrate Drops as Internet Blackout Persists Amid Nationwide Protests