Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two...
Bitcoin
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam...
BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing...
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128....
NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35%...
Bankman-Fried’s Lavish Lifestyle Allegedly Revealed, Cuban Warns of Wash Trade Implosion, Experts Expect Soaring Gold Prices in 2023 — Week in Review
More information has come to light allegedly revealing the lavish lifestyle of FTX co-founder and “altruist” Sam Bankman-Fried, as the...
Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS)....
More Than 65% of Oman’s Crypto Holders Are College Graduates — Study
Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are either high school or college...
Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters
The cryptocurrency community is discussing the new “Game of Thrones” non-fungible token (NFT) assets that were launched on the NFT...
Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide,...
Ethereum Developers Prepare to Deploy Shanghai Public Testnet, Focus on Staked Ether Withdrawals
According to the Jan. 5, 2023 All Core Devs (ACD) meeting, Ethereum developers are preparing to deploy a public testnet...
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi...
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to...
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to...
