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Dune analytics
Scores of Friend.tech Users Remain Active Even as Trading Volumes Drop 95%
According to data from Arkham, transactional activity on Friend.tech has slumped from $16 million on August 21 to just over $700,000 today. The decentralized social app has earned over $4.2 million in fees for creators. Total users of the platform have nearly doubled in the past week, according to data from Dune Analytics, but new users have steadily dropped over this period. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Coinbase's New Blockchain Sees Muted Inflows on Launch Day; Is a Spot Bitcoin ETF Coming?
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the Securities and Exchange Commission seeks to appeal a judge's ruling on Ripple's programmatic sales of XRP. Dune analytics tracks inflows to Coinbase’s newly launched 'Base' blockchain. And, Matrixport analysts predict that the SEC will likely greenlight several spot bitcoin ETFs in quick succession, leading to another rally for bitcoin's (BTC) price.
67% of New NFTs Minted Are Profitable: Nansen Data
According to Nansen data, 67% of new non-fungible token (NFT) mints in May are profitable. Separately, Dune Analytics notes a declining number of monthly active traders this year on Opensea, the largest NFT marketplace, amid increased weekly volume on Blur, an NFT platform geared towards professional traders. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Polygon, Cardano and Solana NFT Sales Rise as Ethereum NFT Sales Slump
While Ethereum remains by far the most popular blockchain for minting NFTs, smaller blockchains have experienced interesting bumps in sales in recent weeks.
Bitcoin Long Liquidations Hit Highest Level Since August: Data; Interest in Bridging Bitcoin to Avalanche Swells
The crypto futures market took a hit with exchanges liquidating longs or bullish bitcoin futures worth over $62 million during Asian trading hours on Friday. That's the highest amount since August, according to Glassnode data. Separately, over 2,000 BTC ($44 million) was ported to Avalanche, the largest single-day BTC.b mint on record, according to data sourced from pseudonymous analyst 0xAcid's dashboard on Dune Analytics.
Over $30B of NFT Trading Volume on Ethereum Is Wash Trading, Research Suggests
Based on data pulled from Dune Analytics, the shady trades accounted for over half of the total NFT trade volumes in 2022, and nearly 45% of all-time NFT volume.
Reddit Avatar Tokens Set Minting Record
Collectible Avatars, a set of art tokens based on the Polygon blockchain by social network Reddit, set a minting record of more than 255,000 unique avatars on Saturday, data queried by Dune Analytics shows. "The Hash" hosts discuss the latest in the world of NFTs.
Blur Becomes Second-Largest NFT Marketplace Based on 24-Hour Trading Volume
New NFT (non-fungible token) marketplace Blur conducted 1,160 ETH of single-day trading on its platform, according to Dune Analytics, placing it just behind OpenSea on 24-hour trading volume. "The Hash" panel discusses the latest in the world of NFT marketplaces as competition heats up.
Dune Analytics, Home of DIY Data Dashboards, Raises $8M in USV-Led Series A
Dune lets anyone with on-chain know-how share their data creations with the world.
DeFi Angels, VC Firms Back $2M Round for Data Provider Dune Analytics
Ethereum data firm Dune Analytics, which has stood out from the pack for its focus on DeFi projects, has raised a $2 million seed round.
