STRAX rises 105.65% after 24h
After many days fluctuating between $0.399791 and $0.50049, STRAX, the utility token of the Stratis ecosystem, recorded a positive signal and rose again.
STRAX has gained 105.65% in the last 24 hours to $0.985905, the highest level since May 5th. However, with the ATH of $4.57, many investors still have high expectations for the potential breakthrough of this token.
Whale accumulated 100 million DOGE
According to Whale Alert, in the last 24 hours, 100,000,000 DOGE was transferred from multiple wallets to an unknown wallet. This amount of DOGE is worth $7,729,600.
Metaverse is expected to reach $5 trillion mark by 2030
Global consulting firm McKinsey & Company has released “Value Creation in the Metaverse”, a report based on data from two surveys, covering 3,104 consumers across 11 countries and 448 companies in 15 industries.
According to the report, the value of metaverse could reach $5 trillion by 2030. In addition, 50% of live events can be held in the metaverse and internet users will spend about 6 hours a day in the virtual space.
The number of non-zero addresses on the Ethereum network hit ATH
Ethereum (ETH) has had a difficult journey in 2022. The altcoin saw a peak drawdown of -79.5% from its ATH, placing its most sell-off within the upper bound of previous bear market floors.
Despite the aforementioned price crash, there is still good news for the ETH community. The number of non-zero addresses on the Ethereum network has hit an ATH of 82,919,388. The number of addresses holding more than 0.01 ETH also touched an ATH of 23,264,304.
Harmony offers $1 million bounty after discovering $100 million altcoin hack
The team behind Harmony Protocol is offering a $1 million reward for information leading to the return of $100 million in altcoins stolen from its Horizon bridge.
Harmony will advocate for no criminal charges when funds are returned, the company’s official Twitter account posted on Saturday.
50% of Latin American consumers have experience transacting crypto
51% of Latin American consumers have conducted at least one transaction with crypto assets, and over 33% of them have used stablecoins for everyday purchases, according to the latest survey conducted by Mastercard.
54% of Latino consumers are optimistic about the performance of digital assets as an investment. Meanwhile, two-thirds of Latinos want a hybrid payment option that includes both crypto and traditional payment methods for their day-to-day operations.
Hublot starts accepting Bitcoin and other crypto payments
The Swiss luxury watchmaker – Hublot – allowed its customers to buy certain limited products in cryptocurrencies by partnering with the bitcoin payment service provider – BitPay.
Customers will be able to pay for their products using SHIB, BTC, ETH and the five other USD-pegged stablecoins (BUSD, DAI, GUSD, USDC and USDP).
Goldman Sachs leading investor group to buy Celsius assets
Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius.
The proposed deal would allow investors to buy up Celsius’ assets at potentially big discounts in the event of a bankruptcy filing.
Top 5 Daily Gainers
Two cryptocurrencies of the Terra Classic ecosystem including $USTC and $LUNC, are currently leading the Top Gainers on ONUS with an increase of 38.81% and 34.29%, respectively.
Following are $CEEK (up 27.22%), $SPELL (up 23.81%) and $SWFTC (up 22.22%).
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
According to the data shared by the Cambridge Centre for Alternative Finance, the Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power.
The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the Mining hash rate, which reduced the commuting power for Mining BTC blocks to 199.225 exahash per second (EH/s).