8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024

8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces of Organic NFT Sales and Wash Volume Across Several […]

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Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]

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Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021

Ethereum's Q1 Stats Report Highlights Blockchain's 'Ultra Sound' Financial Growth in 2021During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter financial results. Wang’s comprehensive Ethereum analysis showcases a myriad of data points […]

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Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours

Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million; Coin Tanks 9% in 24 HoursThe Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling Zcon2 and reduced travel expenses. Zcash is […]

The post Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours appeared first on Bitcoin News.

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Bitcoin Cash Markets and Network Gather Strong Momentum in Q1

Bitcoin Cash Markets and Network Statistics Gather Strong Momentum in Q1The first quarter of 2019 has ended and things are starting to look much better for digital assets this year. Bitcoin cash (BCH) prices touched all-time highs for 2019 during the end of Q1 and the network’s overall strength has improved a great deal since the fork last year. Also read: Broken Phone? Don’t Sweat […]

The post Bitcoin Cash Markets and Network Gather Strong Momentum in Q1 appeared first on Bitcoin News.

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