1/ There were over 3.7 million Ethereum ERC-721 transfers on November 17th!
That’s over 4x more transfers than the previous all-time high of 846 thousand, which occurred just two weeks ago.
JUST IN: Swiss stock exchange SIX lists first income-generating crypto product, tied to tezos token
@sixgroup, @AmunAG, @TezosFoundation, @CoinbaseCustody
https://t.co/iwACj9LPxD
.@coinmetrics At first glance the volatility level appears to be highly correlated with network value? (Which shouldn’t really be a surprise.) If that’s the case, the add’l volatility in $GUSD makes sense w/ it’s decline both in relative and absolute terms among its peers
Since the creation of stablecoins, their volatility has been trending down.
Interstingly, $USDC is the least volatile, $GUSD is the most and $USDT volatility at all time lows.
This could indicate the presence of more efficient arbitraging or increased market credibility
I spent some time writing a glossary of terms for crypto: https://t.co/Y2rbVVQRUb. Tried to strike a balance between depth and approachability. But I hope it serves as a useful reference for both crypto newcomers and experienced buidlers alike.
1/ The main thesis of “The Bitcoin Reformation” is that there are four fundamental parallels between the Protestant Reformation and the present day, which could signal profound societal and economic changes ahead.
Among the five other leading #stablecoins@TrustToken’s $TUSD accounts for 43% of daily average volume followed by @PaxosGlobal’s $PAX (33%) and @circlepay’s $USDC (21%)
“A quick look at the state of crypto asset markets & the greater ecosystem” just posted to Medium. Here are some highlights...
https://t.co/Tyn2Zqy4Eh
All data sourced from https://t.co/YJC0v3WTGS
So I ran the FULL Numbers:
Q3:
Block Height: 583,172 to 597,263
Coins Mined: 176,137.5
SMA Price: $10,385
Total Avg Production Value: $1.830bn
% CashApp = $159m / $1.83bn
= 8.7%
I believe this is slightly down on last quarter in #bitcoin terms :(
STACK HARDER PEOPLE!
1/ There has been some very interesting on-chain activity happening on @Ripple's XRP recently, let's take a look! 🧐
Firstly, there has been a significant increase in the transaction count over the last fortnight.
while commanding just 3.41% of total DEX volume market share, dYdX does 3rd most volume (~$780k over last 24 hours) for ETH/DAI market after @CoinbasePro and Oasis