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  • Aug 03, 2024

Solana DeFi Trading Volume Tops Ethereum for the First Time in July—Here's Why

Decentralized exchanges (DEXs) built on the Solana network overtook those built on longtime reigning decentralized finance (DeFi) king Ethereum in trading volume across the month of July—the first time that's happened to date. According to DeFiLlama data for DEX volumes by blockchain, Solana outpaced Ethereum in terms of overall trading volume for the month, and won out on the daily front on 17 total days last month. Solana-based protocols were responsible for 30% of all crypto DEX volume in Jul...

  • Aug 03, 2024

Miladycraft: The Grand Remilia Ball and 'Network Spirituality' in Minecraft

A custom Minecraft game server acts as both a key meeting place and an immersive, philosophical art piece at the center of Milady Maker—one of Ethereum’s most popular and subversive NFT projects. Built around rich theories on the modern world and micro-communities full of lore, the Milady Minecraft server or “Miladycraft” was created by holders of the Remilia Corporation NFT projects (like Milady Maker and Redacted Remilio Babies) for members to enjoy. But it’s more than just a place to hunt for...

  • Aug 03, 2024

This Week in Crypto Games: 'Hamster Kombat' and 'Catizen' Delay Airdrops as 'Notcoin' Launches New Game

Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup. The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week...

  • Aug 03, 2024

Bitcoin and Ethereum Prices Plummet as Solana and Dogecoin Lead Weekly Bleeding

The cryptocurrency market's rough week only got worse early Sunday, with the price of major assets like Bitcoin, Ethereum, and Solana plunging further, generating another heap of liquidations in the process. Bitcoin has fallen nearly 6% over the last 24 hours, dipping below the $58,000 mark and pushing its seven-day drop to almost 16%. Sitting as high as nearly $70,000 one week ago, Bitcoin is currently priced at $57,388 per data from CoinGecko. Other leading assets have followed suit. Ethereum...

  • Aug 02, 2024

Bitcoin, Ethereum, Dogecoin Dump: 'We Should Be Back In Line By October,' Says Expert

Cryptocurrency markets are trading lower in sync with other financial markets as of 8/2/24 Friday afternoon 5pm. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,672 -1.1% Ethereum (CRYPTO: ETH) $3,013 -3.8% Solana (CRYPTO: SOL) $151.3 -6.8% Dogecoin (CRYPTO: DOGE) $0.1127 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001485 -2.2% Don’t Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today. If you invested $100K in Nivida during COVID, y

  • Aug 02, 2024

Barkin Says Economy Healthy With Key Questions Around Job Market

(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US economy is in good shape, though it’s unclear whether the labor market is getting back to normal rates of hiring or more seriously deteriorating.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC

  • Aug 02, 2024

S&P 500 Has Its Worst Jobs Day Since October 2022: Markets Wrap

(Bloomberg) -- The selloff in stocks intensified and bond yields tumbled as a weak jobs report fueled worries that the Federal Reserve’s decision to hold rates at a two-decade high is risking a deeper economic slowdown.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to S

  • Aug 02, 2024

Hedge funds grow bearish amid economic slowdown jitters, Goldman says

Global hedge funds continued to add bearish equity bets to portfolios in the week to Aug. 1 when fresh data sparked fears the U.S. economy is slowing faster than anticipated, Goldman Sachs said in a note to clients. It marks the third consecutive week that hedge funds' bets that stocks will fall outpaced the addition of long positions, Goldman said, noting one long position was added for every 3.3 short bets. The Nasdaq Composite fell into correction territory on Friday after economic data for two consecutive days pointed to a faster-than-anticipated slowdown.

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