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#NFT Sales Plunge This Week as #Volume Drops Close to 30%

Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million #Cryptopunk Sale. According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week.
📈 Do you know? Kraken Digital Asset Exchange was among the first few #crypto exchanges to offer spot trading, derivatives, and index products.

🔸 Ranked 4th largest crypto #exchange based on traffic, liquidity, and trading volumes.

🔸 Nearly 1000% increase in sign-ups in 2021! Over a $207+ bn quarterly trading #volume!

🔸 Founded by Jesse Powell in July 2011 in California.

🔸 Nearly 185+ cryptos, 130+ #trading pairs, and 7 fiat currencies are available for trading.

🔸 Kraken's #revenue in FY 2021 was $25.7 mn, more than 100% growth compared to 2020.

🔸 Kraken’s offerings include margin trading, staking, futures, OTC, proof of reserves, #KrakenPro, #CryptoWatch, and API.

🔸 Recently, RAKBANK partnered with #Kraken to revolutionize crypto trading in the UAE.

🔸 Raised $132.6 mn in 15 #funding rounds from 2B Global Capital, VentureGarage, and others.

🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6976898421060222976
The #cryptocurrency market was back in the red on Monday after making a quick recovery over the weekend, bringing to mind the gloomy days of September when concerns about #inflation and the #recession hurt the markets the most.

The market capitalization of all cryptocurrencies was down slightly, #trading at $924.4 billion, having lost around 1.24% during the previous day. However, the overall trade #volume increased by about 24%, or $46.1 billion.

#Bitcoin was holding the $19,000-mark, whereas #Ethereum slipped below the $1,300-mark. #Cryptocurrencies followed stock market, which were lagging behind due to escalating worries.
🔹 Do you know BitKeep? Asia’s No.1 Largest #Web3 Multi-Chain #Crypto Wallet that supports 76+ mainnets to explore #DeFi, NFTs, DAO, and more.

🔹 Bitkeep is also an officially recommended wallet of the world’s top 30 #mainnets including Ethereum, Polygon Technology, Solana Labs, TRON DAO, BNB Chain Labs, etc.

🔹 Supports 223,500+ cryptos, 100,000+ NFTS, and 20000+ Dapps.

🔹 Till now, Bitkeep reached #volume of $500 billion in transactions and $1 bn in Users Accumulated Assets.

🔹 Trusted by more than 6 mn users in 168+ countries and is available for #Android, #iOS, and #Chrome browsers.

🔹 Bitkeep’s offerings include a #digital wallet, #DApp store, #NFT marketplace, #DEX, Swap, and launchpad.

🔹 Raised $15 mn Series A round from lead investors including Dragonfly Enviro Capital, SevenX, Matrixport, Peak Capital Limited, and KuCoin Exchange ventures.

🔹 Read More: https://www.linkedin.com/feed/update/urn:li:activity:7000815179609362432
#Crypto markets were under pressure on Friday after the Federal Reserve’s hawkish commentary.

Major altcoins fell early on December 16 as the global crypto #marketcap declined 1.01 percent to $860.8 billion over the last day. The total crypto market #volume over the last 24 hours fell 20.85 percent to $46.0 billion.

#Bitcoin was below $17,500 levels after a long consolidation, Also #Ethereum remained below the $1,300 mark.
Major #cryptocurrencies traded in the green early on January 9 as the global #crypto market cap rose 3.11 percent to $849.6 billion, over the last day. The total crypto market #volume over the last 24 hours increased 69.77 percent to $28.71 billion.

The price of #Bitcoin, the world's largest cryptocurrency, hovered around $17,234, with its #dominance at 39.00 percent, which is a decrease of 0.54 percent over the day.
The global #crypto market cap rose 1.91 percent to $993.22 billion, over the last day. The total crypto market #volume over the last 24 hours decreased 31.25 percent to $48.1 billion.

The price of #Bitcoin, the world's largest #cryptocurrency, hovered around $21,146.95, with its dominance at 40.09 percent, which is an increase of 0.03 percent over the day.
The global #crypto market cap saw a minor dip early Tuesday morning, dipping down to around $985 billion with a #volume of $48.1 billion.

However, despite some losses, #Bitcoin (BTC) and #Ethereum (ETH) managed to remain stable within the $21,000 and $1,500 marks, respectively.
#Cryptocurrencies extended gains on Wednesday.

The global #crypto market cap stood at $1 trillion, with a #volume of $57.8 billion in the past 24 hours.

#Bitcoin price stood at $22,107.06, registering a 24-hour gain of 1.72 percent, #ETH price stood at $1,548.83, marking a 24-hour gain of 3.23 percent.