The zk-stark second layer NFT market place, ImmutableX, has began trading with it settling at a price of around $5 on Huobi, the first exchange to list them. The token...
Onchain Highlights DEFINITION: The total amount of coins (USD Value) transferred from short-term holders in loss to exchange wallets. Only direct transfers are counted. Coins are considered to be in loss when the price at the time the coins are spent is lower than the entity’s average on-chain acquisition price for the tokens.
SEC commissioner Mark Uyeda acknowledged that asset tokenization, including tokenization of securities, carries potential benefits. Uyeda said on June 14 that representing asset rights with a digital token on a blockchain can provide “security, transparency, and immutability.
Australian rapper Iggy Azalea has made waves in the digital assets community by launching her Solana-based MOTHER token, a meme coin that has seen a meteoric rise in value despite its lack of intrinsic utility.
Quick Take On May 28, Semler Scientific unveiled its Bitcoin treasury strategy, following the path of companies like MicroStrategy and Metaplanet. This announcement has had a positive impact on Semler’s stock, which has surged by 10%, contrasting with MicroStrategy’s slight decline of over 2% and Bitcoin’s modest 2% rise since May 27.
Token standards are rules and protocols that dictate how tokens function on a blockchain. Different blockchains have their own token standards to ensure interoperability, security, and efficiency.
Quick Take According to data from The Block, Bitcoin’s spot market volume saw a consistent upward trend from September 2023 to March 2024. The total spot market volume across all exchanges in September 2023 was $324 billion.
Keyrock analysts dwelve into the pre-token trading platforms to understand their impact on post-TGE market trends and investor outcomes.
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