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Bandanna Sporting Crypto Punk #5822 Sets New Record As It Sells For $23M

Bandanna Sporting Crypto Punk #5822 Sets New Record As It Sells For M

[ad_1] A CryptoPunk NFT has just set the record for the highest-selling punk so far. The collection which is more than three years old had been in obscurity for the longest time but with the rise of NFT popularity, they have become one of the most valuable collections in the NFT space. In a recent […]

Kalshi Posts Record $2.9B Week on NCAA Basketball Tournaments as Polymarket Dips

Kalshi Posts Record .9B Week on NCAA Basketball Tournaments as Polymarket Dips

[ad_1] Kalshi posted a new volume record for the week of March 9-15, surging to $2.9B on the back of NCAAB conference tournaments. Meanwhile, Polymarket dipped 6% ahead of the March fed meeting. The weekly total dipped slightly, but the more telling story is Kalshi and Polymarket moved in opposite directions this week, driven by […]

Tom Lee’s Bitmine Buys Another $88M ETH as ETFs Record Inflows

Tom Lee’s Bitmine Buys Another M ETH as ETFs Record Inflows

[ad_1] Key Notes Bitmine accumulated over $128 million in ETH in the past two days. Ethereum ETFs recorded $84.6 million in inflows, coming from Grayscale. The leading altcoin fell below $3,000 despite the notable accumulations. The Ethereum ETH $3 126 24h volatility: 1.1% Market cap: $377.14 B Vol. 24h: $8.12 B  treasury company Bitmine Immersion, […]

At least one metric remains at a record high

At least one metric remains at a record high

[ad_1] Bitcoin’s “realized capitalization” is at an all-time high of $1.125 trillion, suggesting that BTC remains in a bull market despite the near-40% plunge in prices over the past 10 weeks. This on-chain metric, which values each bitcoin at the price it last moved, highlights actual capital inflows rather than speculative price action like total […]

BitMine Overhaul Signals Institutional Consolidation as ETH ETFs Record Outflows

BitMine Overhaul Signals Institutional Consolidation as ETH ETFs Record Outflows

[ad_1] Key Notes Ethereum ETFs recorded $728.3 million in internet outflows this week as market sentiment deteriorated sharply. BitMine, the world’s largest ETH treasury holder, appointed Chi Tsang as CEO alongside three new impartial administrators. Technical indicators present ETH faces steep resistance, with reclaiming the 50-day shifting common turning into more and more unlikely within […]