Christie’s is partnering with digital marketplace MakersPlace to auction the work of a renowned crypto artist.
Out of the 160 cryptocurrency exchanges analyzed in a recent report, half control roughly 85% of the total market share.
According to a CryptoCompare Research report published today, exchanges that the analytics firm rated as “top tier” gained 13% of the market share from October 2020 to January. This put the market share of these 84 exchanges at roughly 74%, with more than $1 trillion in assets.
However, CryptoCompare said this percentage likely rose to 85% for January. Given that the total market capitalization of all cryptocurrencies is $1.47 trillion at the time of publication, the market share of these exchanges may now be more than $1.2 trillion.
The report attributed the increase in market share to retail and professional crypto traders turning to exchanges with seemingly lower risk as the price of Bitcoin (BTC) surged past $20,000 in…
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Icon, Ravencoin and Lisk are riding the bull wave on possible future developments
Bitcoin (BTC) created another milestone today when the price breached the $50,000 barrier. Bitcoin has now risen about 1,230% from a low of $3,803.58 on March 13 of last year to a new all-time high at $50,622 today.
This rally has been led by strong institutional demand that is showing no signs of stopping. MicroStrategy meanwhile said it plans to again raise $600 million through a sale of convertible notes and the proceeds will be used to buy Bitcoin.
While institutional investors continue to buy, Glassnode data suggests that long-term Bitcoin investors are using this rally to book profits. Bitcoin miners who have also been major sellers during the recent bull run have held back in February, which suggests that they are likely expecting even higher levels in the future.
 price jumps 70% ahead of the upcoming parachain auctions){kind=link}
Kusama’s KSM price underwent a strong 70% breakout on Feb. 15 as excitement continues to build for the Kusama and Polkadot ecosystems ahead of the upcoming parachain auctions.
Kusama price soars 70%
Data from Cointelegraph Markets and TradingView shows that KSM rose from $134 to a peak at $236 in the early hours of Feb.16 before profit-selling pulled the price back to $194.
Kusama is an experimental interoperable blockchain platform that is often referred to as a “Polkadot’s wild cousin” due to having a similar codebase. The protocol is built on Substrate, the developer kit/framework for the Polkadot blockchain, and designed to be an interoperable, scalable framework for developers.
Projects that eventually want to launch on Polkadot have the opportunity to launch on Kusama first to test how their protocol will operate in the wild and to access…
Bitcoin alcanzó un nuevo valor máximo al superar los $50.000 esta mañana, después de haber desplazado el exceso de apalancamiento alcista en el mercado de derivados con una rápida caída del precio el lunes.
Por un breve momento, y durante las primeras horas de trading en Nueva York, bitcoin superó por primera vez los $50.000.
El lunes, los valores de bitcoin habían caído $3.000 hasta situarse por debajo de $45.926 durante las primeras horas de trading en Asia, lo que provocó liquidaciones de posiciones largas por aproximadamente $392 millones en el mercado de derivados.
Tras una breve caída, bitcoin superó los $50.000 pero no logró mantener ese valor. Ahora, necesitará la ayuda de los compradores en efectivo o al contado para ubicarse por encima de esa marca, de acuerdo a Patrick Heusser, jefe de operaciones de Crypto…
Dogecoin started off as a joke cryptocurrency but now has a market capitalization of $7 billion and a huge global following. How did it all happen?
Dogecoin was a parody cryptocurrency created by Adobe Product Marketing Manager Jackson Palmer and software engineer Billy Markus in late 2013. The two set out to make the project “as ridiculous as possible” and centered it around a popular internet meme of a Japanese Shiba Inu “doge” that would say nonsensical phrases like “much wow” and “such tired.”
The total supply of 100 billion coins was another one of the “wacky decisions” the co-founders made to “make [dogecoin] … undesirable as a cryptocurrency so that it [didn’t] become serious.” Eventually, though, the supply limit was removed to promote the use of the crypto token…
Eleven years post-Bitcoin, six years post-launch of Ethereum, eight days after that announcement, the first signs of crypto product-market fit are before us.
Michael Seibel (the co-founder at Twitch and president of Y Combinator) likes to say that product-market fit isn’t some kind of wishy-washy metric. “You have reached product/market fit when you are overwhelmed with usage –usually to the point where… you are swamped just keeping it up and running.” It’s when you have so much demand you can’t keep up with it.
Dermot O’Riordan is a Partner at Eden Block, a European VC firm investing in blockchain infrastructure and emerging crypto-networks.
In Ethereum, we see that with the rise of decentralized finance (DeFi) and how much people pay for block space.