$83,254.00
-0.47%$1,841.73
-2.00%$2.19
2.68%$608.27
0.47%$125.95
-0.55%$0.999939
0.00%$0.171133
-2.57%$0.683032
-0.56%$0.231431
-0.95%$1,839.26
-1.96%$83,008.00
-0.57%$3.86
4.26%$9.64
-0.94%$13.71
-1.76%$0.271334
0.80%$19.55
-2.34%$2,203.86
-2.11%$2.40
-2.35%$0.999693
-0.01%$0.00001271
-1.51%$0.173533
-1.54%$86.49
0.40%$6.40
2.92%$4.12
-0.81%$307.37
0.41%$4.67
-0.01%$0.789
-4.29%$1,841.10
-1.98%$1.00
0.07%$0.999738
-0.04%$12.74
-1.00%$1,956.77
-1.99%$28.35
-0.74%$218.09
0.45%$6.02
-1.76%$5.31
-3.12%$2.62
-2.47%$0.0000072
-5.05%$1.045
-0.01%$48.77
-0.31%$0.105375
4.08%$35.57
-1.22%$22.66
-0.80%$0.807582
-1.76%$83,171.00
-0.57%$5.43
-1.05%$0.999173
0.12%$0.808043
-0.20%$16.83
-0.80%$166.27
-6.06%$1.16
0.22%$10.27
0.41%$0.02322375
-0.31%$232.09
-1.75%$1.00
0.00%$3.31
-0.23%$0.360743
-5.04%$4.31
-3.24%$3.53
-3.17%$2.78
-0.41%$0.205039
-0.38%$82,984.00
-0.26%$4.02
0.00%$0.065767
0.03%$0.186128
-1.15%$0.493675
-3.06%$0.336278
-0.08%$5.39
1.92%$11.12
-0.26%$0.485583
0.80%$0.765915
-4.35%$0.475843
-4.15%$83,078.00
-0.67%$1,913.54
-2.18%$0.457497
-6.32%$1,841.28
-1.81%$1,311.87
-7.39%$1.08
-1.96%$0.068478
-1.22%$131.29
-0.86%$70.03
0.52%$0.558449
-2.84%$17.42
-6.42%$0.999812
-0.02%$0.794905
-2.36%$0.624962
-2.02%$2,082.47
-2.11%$0.997662
0.00%$0.00001151
-2.96%$0.181811
-2.65%$0.582168
2.61%$0.091027
-2.16%$8.82
-2.12%$0.840325
-2.67%$0.01347229
2.23%$1.00
-0.00%$0.999677
-0.03%$7.44
-5.69%$1.00
0.10%$82,474.00
-1.10%$0.874962
-2.74%$3,108.18
0.00%$0.999997
-0.09%$608.18
0.54%$1,951.89
-2.22%$0.01566476
-1.87%$0.660577
-0.14%$2.20
1.80%$3,122.43
0.69%$83,326.00
-0.31%$0.274121
-0.56%$0.00000068
-0.98%$0.176162
-0.66%$32.30
-0.17%$0.482737
0.77%$0.999946
0.00%$2.04
2.07%$0.104715
0.32%$161.05
-0.52%$0.386969
0.33%$35.86
-2.67%$3.19
4.77%$0.00005927
-1.89%$1,917.69
-1.99%$7.50
-5.89%$0.0112021
-1.41%$0.147331
-0.94%$137.75
-0.59%$15.98
-1.78%$0.999741
0.01%$0.419643
-2.82%$0.075977
0.77%$0.514124
27.98%$1.75
-1.51%$0.997822
0.03%$0.648789
-3.36%$1.77
4.14%$1.00
0.04%$2.95
-1.43%$1.00
-0.00%$0.430605
0.71%$0.00505559
-1.71%$0.247658
-0.64%$79,903.00
-1.95%$16.40
-1.21%$27.93
0.24%$6.48
0.01%$0.71378
-0.59%$0.439696
-1.71%$0.171081
-2.29%$1,953.57
-2.08%$0.00000043
-0.66%$0.427304
-1.79%$82,948.00
-0.70%$1,840.63
-1.99%$0.15167
-0.77%$6.34
-5.62%$82,823.00
-1.76%$2.55
-1.59%$0.440784
-10.10%$0.08112
-2.31%$1.082
-0.01%$0.999747
-0.04%$0.04259051
0.86%$1,841.28
-2.15%$0.61785
-1.31%$1.14
-0.31%$0.00002017
0.45%$1,841.12
-2.02%$110.49
0.00%$1.10
-0.66%$0.00735538
-0.83%$0.477178
-2.41%$0.47527
-3.06%$0.00601625
-0.57%$1,921.24
-2.05%$82,912.00
-0.74%$0.875595
1.18%$0.00649477
-3.35%$0.205074
-0.75%$0.379227
1.18%$39.21
-2.19%$0.999497
0.04%$0.999855
-0.04%$0.01044213
9.17%$0.171002
2.23%$0.998291
0.03%$0.00401566
2.71%$82,706.00
-0.56%$1,841.33
-1.97%$0.00006011
0.22%$0.0000016
-3.60%$1,824.35
-3.42%$1.002
-0.00%$120.66
-2.80%$0.03102225
-0.43%$1.29
-4.75%$0.03074945
-5.25%$0.550748
3.93%$0.248135
-1.34%$2.72
-0.58%$1.22
-5.41%$0.257609
-1.43%$1.39
-1.80%$1,822.74
-2.04%$3.67
-3.70%$0.657788
-3.34%$1,839.82
-2.04%$2.89
-1.65%$0.00045212
157.68%$82,986.00
-0.67%$21.86
-1.33%$0.783449
-1.88%$0.192372
-1.25%$81,105.00
-2.12%$16.10
-0.94%$1,946.48
-1.94%$2,013.30
-2.02%$0.260602
-0.16%$1.078
-2.24%$3,084.20
0.03%$0.00285858
19.03%$0.08611
-5.73%$0.03614155
-0.92%$0.495229
2.19%$0.067143
-2.24%$0.03123211
-0.70%$1,999.79
-1.96%$0.106736
-0.52%$0.998945
-0.08%$0.00322802
-0.88%$0.116684
-0.81%$0.00232951
-0.45%$0.522732
-6.53%$0.03062425
-1.10%$1,840.41
-1.86%$1,671.39
-0.50%$0.945436
-1.67%$0.0049179
-0.39%$0.01140396
-0.24%$0.526863
-1.24%$20.12
-0.13%$2.19
4.36%$0.648833
-3.49%$2.18
0.21%$0.298485
-1.53%$0.214696
2.24%$0.999583
0.01%Reading
The crypto market’s largest NFT marketplace, OpenSea, has officially facilitated more than $10 billion in volume for the first time since opening its doors four years ago.
The first NFT marketplace to be established on the Ethereum blockchain, OpenSea’s trading volume has shot up in the past year alongside the boom in non-fungible tokens (NFTs). In August, for example, the platform’s total volume was just $1 billion.
OpenSea has officially surpassed $1 billion in gross market volume after a record few days.
More impressively @opensea facilitated $1 billion in volume in 2021 alone!
2018 – $473k
2019 – $8 million
2020 – $24 million
2021 (YTD) – $1.02 billionJust absolutely insane growth. pic.twitter.com/loH0jw5cqr
— Mason Nystrom (@masonnystrom) August 2, 2021
NFTs are cryptographically unique tokens that can be linked to digital or physical assets such as artwork, music, or videos. Many of the most famous NFT series, such as Bored Ape Yacht Club, frequently trade hands on OpenSea, while the platform has also hosted multi-million-dollar sales.
In comparison with other major platforms, OpenSea is streets ahead in terms of trading volume.
Ethereum-based platforms Rarible and SuperRare.co have volumes of just $263.97 million and $177.95 million, respectively. The average price per sale, however, on Rarible and SuperRare is much higher than on OpenSea, suggesting the latter two platforms are more popular for higher-ticket sale items.
The second-highest ranking platform by volume is the crypto game Axie Infinity, with $3 billion in total volume and over one million traders on its platform. By comparison, OpenSea has 635,698 traders on its platform, and Rarible 83,810.
The NFT boom isn’t just taking place on Ethereum, either, with many projects launching on rival blockchains such as Solana.
Last week, film director Quentin Tarantino announced a series of NFTs on the privacy-centric blockchain Secret Network, with the tokens’ encrypted metadata ensuring that only the seven lucky fans will have access to never-before-seen behind the scenes and notes of Tarantino’s movie Pulp Fiction.
As more celebrities and artists look to cash in on the NFT boom, the future of nonfungible tokens is surely a bright one.
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Banks can engage in cryptocurrency and other legally permitted activities without seeking prior regulatory approval, so long as they manage risks appropriately, The Federal Deposit Insurance Corporation announced Friday. The policy change rescinds a 2022 requirement that mandated FDIC-supervised institutions notify the agency before engaging in crypto-related activities. Under the new guidance, banks can offer services involving digital assets without the agency's advance permission. "With today...
The NASDAQ exchange has applied to the U.S. Securities and Exchange Commission to list shares of an Avalanche exchange-traded fund issued by crypto asset manager Grayscale. The 19b-4 form for Grayscale's AVAX ETF follows its registration as a Delaware Trust entity more than two weeks ago. If approved, the AVAX ETF would use Coinbase Custody as its custodian, the 19b-4 shows. The issuer must still file an S-1 registration statement describing the product, however. AVAX, the utility token of L...
