LongHash Data

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[LongHash Data @longhashdata]

China is an important cryptocurrency market, but its environment is very unique. Why do some tokens do better than others there? Our new report provides background on 20 major digital currencies and their reception in China https://t.co/AYvMlEyxZX @mattysino

[LongHash Data @longhashdata]

Testing

[LongHash Data @longhashdata]

#Solana price up over 8,640% since the beginning of 2021, making it the highest YTD rate of the top 10 cryptocurrencies #Defi

[LongHash Data @longhashdata]

.⁦@opensea⁩ #NFT marketplace reached 124,000 users a week, surpassing Uniswap, according to ⁦@DappRadar⁩ ⁦cc @natechastain⁩

[LongHash Data @longhashdata]

The NFT gaming sector has been heating up, with #Ethereum-based game ⁦@AxieInfinity⁩ hitting a record high of 27,000 daily users in July.

[LongHash Data @longhashdata]

With the crackdown on #Bitcoin miners in China, Bitcoin's 30-day average hash rate has fallen sharply, dropping about 13% from its May peak.

[LongHash Data @longhashdata]

Bitcoin energy consumption is estimated at around 124 trillion watt-hours per year (TWh/Year), up 70% year-to-date. Source: ⁦@DigiEconomist⁩

[LongHash Data @longhashdata]

@BennettTomlin Yes, the problem is that some of that data is not up to date and we will be taking down that chart while we look into it. Thank you very much.

[LongHash Data @longhashdata]

Here’s how the recent crypto hit the DeFi market.

Makerdao’s 7-day total locked value went down almost 30%. Among the top 10 DeFi projects only ⁦@0xPolygon⁩ increased its weekly TVL — by 38.37%. (Data as of May 21 9:00 UTC)

[LongHash Data @longhashdata]

With #Dogecoin skyrocketing, another dog-themed coin $SHIB recently hit #11 in searches on Chinese social media site Weibo ⁦@Shibtoken⁩

[LongHash Data @longhashdata]

On-chain transactions on #Ethereum are up 23% over the last 30 days. Meanwhile, on-chain transactions on Bitcoin have dropped by around 5%.

[LongHash Data @longhashdata]

Searches for #Dogecoin (狗狗币) recently hit a new all-time high on Baidu, China's leading search engine. #DogeDay

[LongHash Data @longhashdata]

#Coinbase goes public today! Trading volume was $335 billion in Q1 of 2021, up 498% from Q1 2018.

[LongHash Data @longhashdata]

In 2020, spending on enterprise blockchain services in China was almost 7x greater than in 2017, representing 13% of total global spending

[LongHash Data @longhashdata]

Data shows that there are currently 6,906 digital currency-related companies in China, including 585 newly registered companies in 2020 with 99% YoY growth rate. Only 23% of companies are state-owned.

[LongHash Data @longhashdata]

Data shows that there are currently 6,906 digital currency-related companies in China, including 585 newly registered companies in 2020 with 99% YoY growth rate. Only 23% of companies are state-owned.

[LongHash Data @longhashdata]

NFT hype in China has been rising. WeChat search volume for “NFT��� on March 12 was 26x higher than January 1, 2021. #NFT

[LongHash Data @longhashdata]

Chinese companies continue to outpace the U.S. in blockchain invention patents, accounting for 46% of the world's total in 2020. The U.S. and Japan account for 24% and 8%, respectively.

[Ravi Nayyar @ravirockks]

If you would like something shorter to read, here's an article (also 2018) I wrote for the crew at @longhashdata on why crypto is not the best money laundering avenue for crims: https://t.co/L9lN0Gaok4

#FightFinancialCrime #NoMoneyForTerror

[LongHash Data @longhashdata]

In February 2021, cryptocurrency exchange #Binance had 2.26x more online visits than #Coinbase. But the market cap of platform token #BNB was only about 41% of the expected valuation of Coinbase's equity:

[LongHash Data @longhashdata]

Bitcoin's having a good week, but DeFi tokens are having a better one. Over the past 7 days, more than 70% of major #DeFi tokens (tokens with at least $100M reported market cap) are up vs. Bitcoin.

(Data Source: @MessariCrypto).