Welcome to the Daily Discussion. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April. According to DappRadar, there is a monumental 45% climb in organic trading volume of NFTs in April in comparison to the previous months. Solana NFT trading has skyrocketed in April, as Moonbirds also proved to boost Ethereum trading. Suggested Reading | Bitcoin Seen Dropping To $32K – But Not This Month – As Analyst Sees It Hitting $48K NFT Trading Volume Climbing There has been a marked sluggishness in February and March, but NFT trading volumes have bounced back in April with a remarkable increase of 45%. There has been a halt for six weeks that transpired in mid-February with the NFT market. Thankfully, the trading volume improved in April. The main culprit for the recent increase in NFT trading volume points to Solana-based NFTs and Moonbirds. The NFT market has recorded an increase in monthly NFT trading volume at $6.3 billion in April. That is a growth spurt or jump of over 23% from March. Moobirds Now 11th Most-Traded NFT In History Moonbirds, a private or members-only collection, has generated around $500 million in trades which has helped with the recovery of the NFT market. To date, Moonbirds is now the 11th most traded NFT collection in history which has surpassed other NFT collections such as Cool Cats, Doodles, and Meebits. Crypto total market cap at $1.62 trillion on the weekend chart | Source: TradingView.com Despite the controversies, Moonbirds has remained strong with the floor price consistently above 28 ETH or approximately $81,944. Another important factor is the increase in demand for Solana NFTs at 91% every month which has generated over $300 million in total revenue. Solana-based NFTs have also increased in the sale price to $350. Suggested Readin | NFT Market Records Decreasing Number Of Buyers – Is The NFT Hype Dying? OpenSea Support On Solana Boosts NFTs The popularity and massive success of Solana NFTs isn’t a surprise especially because OpenSea has expressed its support for the Solana blockchain. The backing of this major NFT marketplace has done wonders for Solana NFTs as a whole. Okay Bears and DeGods are popular Solana NFT collections that have generated $23 million and $43 million in trading volume which paved the way for the collections to be included in the top 30 most traded NFT collections last month. More so, Otherdeeds by Yuga Labs which had their first NFT drops on April 30 also contributed to the boost in NFT trading volumes. Despite generating over $340 million in APE, Otherdeeds suffered from losses of over 4.5 million due to failed transactions. Featured image ItsBlockchain, chart from TradingView.com
I was told june 2023. Now i am seeing june 2024. Some texted say between now and august 2024. submitted by /u/PennyStockbio [link] [comments]
submitted by /u/CreepToeCurrentSea [link] [comments]
In 2011, Erik Finman, who is based out of the United States, was just 12 years old when he received a generous gift of $1,000 from his grandmother. Most other kids his age would use the money to buy a new smartphone or the latest video game console, but Erik decided to invest everything in…
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Terra’s commitment to filling up its coffers with Bitcoin has been solidified once more with another $1.5 billion purchase. This is the fruit of a pledge that the project had made to buy more than $10 billion worth of BTC to serve as a reserve for its stablecoin, UST. More importantly, though is how this boosts the foundation’s standing when it comes to corporations holding the digital asset. Terra Now Holds More BTC Than Tesla Before Terra had begun its bitcoin buying spree, there have been other corporate bodies that had already made the plunge to do so. The likes of MicroStrategy, Galaxy Digital, and Tesla come to mind when thinking of this. While MicroStrategy had cemented its lead as the company with the largest BTC holdings, Tesla had retained its position in second place. That is, until now. Related Reading | Bitcoin Institutional Outflows Near One-Year Highs, More Downside Coming? With its most recent buy, Terra has now become the second-largest corporate bitcoin holder, beating out Tesla for the title. The deal was carried out as an over-the-counter (OTC) purchase in conjunction with cryptocurrency broker Genesis and Three Arrows Capital, a crypto trading and venture capital firm. The Luna Foundation Guard (LFG) which had begun accumulating BTC earlier this year has ramped up its buying. It is one of the fastest accumulation trends of any corporate bitcoin holder. Its first purchase had taken place in February, and now, barely three months later, the non-profit foundation now holds 80,393 total BTC. All of which come out to a dollar value of $2.9 billion at the time of its last purchase. It now holds almost double what Tesla holds, which currently sits at 48,000 BTC. Reiterating The Promise When Do Kwon, founder of Terra, had announced that the foundation was planning to buy $10 billion worth of BTC for its treasury, the question had been when. While participants in the space had speculated it would take a while before they began buying the coins, Terra had quickly moved forward to start. It had gradually added BTC to its treasury and in three months has now purchased more than a quarter of the $10 billion BTC. BTC falls below $36,000 | Source: BTCUSD on TradingView.com In an additional move, Terra had also moved to add another cryptocurrency to its treasury. This time around turning to Avalanche (AVAX) to do so. It had purchased a total of $200 million worth of AVAX, a trade that was carried out directly with the Avalanche Foundation. Related Reading | Bitcoin ETP Outflows Spell Bearish Sentiment Among Institutional Investors The Luna Foundation Guard reserves have now grown to $3.23 billion. Bitcoin makes up 90.7% of the reserves with a total of 80,393 BTC valued at $2.93 billion. LUNA makes up the second-largest portion with $126.63 million making up 4.2%, AVAX at 3.5%, USDT AT 0.8%, and USDC at 0.7%. Featured image from Portal do Bitcoin, chart from TradingView.com
Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IPs) to Embracer Group. The deal, which values these properties at $300 million, will allow the company to focus on the development of new businesses more aligned with the refined direction of the company, […]
I've been here for a while now and I've gotta say … I'm getting pretty tired of our little market. There's so much that is just so rediculous. For starters, wasn't the whole point to get away from the mainstream markets and banks? Now here we are, directly correlated to the moves of the stock…
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This is one of those truly remarkable things which I personally think elevates Safemoon to #1 Crypto scam, far above Bitconnect. In the latest Coffeezilla video, our intrepid investigator finally confirmed that John Karony, the CEO of Safemoon, definitively owns the infamous "Gabe" wallet – the BSC wallet that ends in "6abe" I might make…
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submitted by /u/Shakirov01 [link] [comments]
