Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This week, NFT revenues fell 25.48% compared to the previous week. […]
Chimpanzee recently launched its NFT Passports with an exclusive promotion giving holders a chance to win $10,000USDT and an opportunity to stake them. With a unique approach to rekindling interest in wildlife conservation among the youth, Chimpzee is set to revolutionize climate action as we know it. Let’s see how. Demand and Utility Underpinned by […]
While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from […]
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840,179, miners are now earning less bitcoin in rewards compared to before the halving event […]
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56 billion. Bitcoin Miners Recorded Strong Revenue Last Month On May 1, […]
Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes purchasing a 200 megawatt Bitcoin mining center and two additional […]
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