Global NFT sales in October clocked in at more than $850 million over roughly 3 million total transactions. I looked into NFT wash trades last month and that research got me to look at the numbers more closely. Footprint Analytics – NFT Monthly Sales The trigger points for me to say that transactions are becoming … Read more
The world of online gaming has been quickly changing as the influence of blockchain continues to penetrate the industry. One such game is The Chosen Ones. Ever since it became possible to earn rewards that could be converted to real-world money, the gaming industry has been on track to grow its valuation massively as more … Read more
Investors’ concern of the impact of the Fed monetary policy decisions over the US financial markets has been affecting crypto markets as well during the last 2 months. Particularly, we’ve seen crypto prices broadly move closer to risk-on assets such as tech stocks. Correlations between both growth/tech stocks are currently high both for Bitcoin and … Read more
Ethereum was the first generalist blockchain to popularize Decentralize Finance (DeFI) through its use of smart contracts. In turn, they created a rich ecosystem of dApps as web interfaces to the blockchain’s smart contract, so far accounting for 3,778 dApps across 6,730 smart contracts. Such dApps have recreated virtually the entire financial system – borrowing, … Read more
