Cryptocurrency Analysis and News Portal
The largest cryptocurrency by market capitalization was recently down over 4.5% amid ongoing worries about inflation and the size of the next interest rate hike. Source
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After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed 62% higher against the U.S. dollar
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Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process. Cardano also rose to its strongest point since November, with the global cryptocurrency market
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Solana surged by as much as 22% on Monday, as bullish sentiment returned to cryptocurrency markets. The move saw the token climb to its highest point since November, when it was embroiled in the FTX collapse. Cardano also moved higher to start the week, climbing by nearly 13%. Solana (SOL) Solana (SOL)
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China funeral facilitator Fu Shou Yuan saw its shares recently rally to 7.04 Hong Kong dollars after being down 40%. The shares of a China-based funeral company recently surged to a new yearly high following a marked rise in Covid infections. According to a CNBC report, Fu Shou Yuan International Group stock
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Online game creation system Roblox recently reported that its shares closed substantially lower following a weak November report update.Roblox Corp (NYSE: RBLX) saw its shares fall by more than 15% on Thursday’s close, following a disappointing November update. The company’s November business update, which showed slowing growth, suffered a negative impact from
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Ryan Salame, the co-chief executive of FTX's Bahamas entity, called FTX Digital Markets, told the Bahamas Securities Commission on Nov. 9 that "clients’ assets which may have been held with FTX Digital were transferred to Alameda Research," according to a letter to the Bahamas Police Commissioner disclosed this week. This
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Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tightening this year is helping to slow the pace of consumer price increases. Source
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The number of ether (ETH) options contracts traded rose 10% in November relative to October, reaching a record high of 8.9 million. Trading volume in bitcoin (BTC) options rose 17% to 778,000 contracts, nearing the record rally registered in January 2021, according to data sourced from Deribit. Source
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Other payment methods usually ensure miners always get paid, even if the pool doesn’t find a block. However, PPLNS only pays miners after a block has been found by the pool, and then the pool goes back to check for valid shares contributed by each miner before winning a block.
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