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The BitTorrent (BTT) price has been constantly declining since January 2022 but has risen to an 11-week high on Oct. 31 when the platform announced a renewed product.  BitTorrent announced the BitTorrent Web PRO on Oct. 31 on X (formerly Twitter), which helped the asset’s price rise to $0.00000052. But the surge was short-lived, and the BTT price declined again. BTT price, volatility, and social volume – Nov. 1 | Source: Santiment The announcement faced criticism from many users on X, saying that “investors are losing money.” The holders are only losing money… #BitTorrent Web Pro?? who will buy this?? — Kimsman (@hasoo_kim) October 31, 2023 According to data from the market intelligence platform Santiment, BTT’s price volatility skyrocketed on Oct. 31, when the asset reached a local top with a $41 million 24-hour trading volume.  You might also like: New Bitcoin highs are coming: analyst While BitTorrent’s price volatility declined by half, t...

Binance’s market share in non -dollar crypto exchanges has declined by nearly 25% since the beginning of 2023. According to data, the projected market share for Binance in September 2023 will be 50.76%. Market share fell sharply in April before briefly recovering in June. It has since continued contracting. Source: The Block “Binance finished 2022 with a 75% market share among a group of platforms that also includes major Asian players like Upbit, Huobi, Bybit and OKX — but that figure declined steadily throughout the year, hitting 54% in August.” The Block In March 2023, Binance’s trading volume was $556.36 billion but fell to $192.12 billion by August. Analysts predict trading volumes to contract in September. Binance’s removal of zero fees for popular trading pairs may negatively impact activity and, thus, volume. You might also like: Binance’s Bitcoin volume plummets after end of zero-commission trading With Bi...

The web3 real estate platform, Propy, gained traction in the past 24 hours as its native utility token, PRO, rises significantly.  According to data provided by CoinMarketCap (CMC), the recent hike comes with a notable increase in the asset’s 24-hour trading volume, rising by around 1,740% and reaching $4.7 million. You might also like: Bounty marketplace exec explains how to launch crypto project without getting hacked Moreover, PRO is up by 55% in the past 24 hours, trading at $0.42 when writing. The asset’s market capitalization has reached roughly $42 million. It ranks 407 on CMC. PRO price – July 6 | Source: CoinMarketCap On July 5, PRO witnessed a 77% rise with its price reaching the $0.57 mark after consolidating between $0.26 and $0.28 over the past week. Per CMC, PRO’s return on investment (ROI) shows the red zone — down by almost 50%. The Analysis provided by InvestorsObserver puts PRO as a high-risk asset — this usually happens because of a massiv...

Speecher：Keith Choy, Interim Head of Intermedlaries Division, Hong Kong Securities and Futures Commison(Chairman of Fintech Advisory Group) Editor：@null_aez, WuBlockchain Link: https://www.web3festival.org/hongkong2023/live?lang=zh-CN Good morning. It’s an honor to be invited to speak at this wonderful festival. Over the past few years, there have been many amazing developments and breakthroughs across various technologies. For example, we’ve seen enterprises incorporating artificial intelligence within their bussinesses, central banks, financial insititions are exploring the benefits of using distributed ledger technology (DLT). Just a few weeks ago, I experienced firsthand the wonders of Chatgpt. The potential applications of this technology and the like, and their reifications are huge. We’ve seen news report that financial firms are testing the tool and using it to write research reports. I must confess the thought of using Chatgpt to write this speech has also come across my mind....

Only 11,440 NFT traders were active on March 11 which was the lowest figure recorded since November 2021. Nonfungible token (NFT) trading volumes took a massive beating following the collapse of Silicon Valley Bank (SVB) last week as traders fled the markets fearing the repercussions of a major United States bank going under. According to a March 16 report from data aggregation platform DappRadar, NFT trading volumes were hovering between $68 million to $74 million in the lead-up to SVB’s collapse on March 10, then fell to $36 million on March 12. The dip was accompanied by a 27.9% drop in daily NFT sales count between March 9 to March 11. NFT trading volume and sales count on all networks between March 1-13. Source: DappRadar 11,440 NFT traders were “active” on March 11 also, the lowest figure recorded since November 2021 according to DappRadar. The report explained the depeg of USD Coin (USDC) which hit as low as $0.88 moved trader attention away from the NFT market: As a result “NF...