Ronin blockchain surpasses $4 billion in All-Time NFT sales volume
Ronin reached a new milestone in the NFT space trailing only Ethereum as the biggest blockchain by all-time sales volume. According to BeInCrypto research, Ronin had a total sales volume of approximately $4.07 billion as of June 5.
This comes as a massive boost to the entire Ronin ecosystem after its coin, RON, plunged to new high lows in the market crash of May. This led to market capitalization falling below $70 million.
More than 90% of US businesses accept cryptocurrencies
According to the “Merchants getting ready for crypto” survey conducted by accounting giant Deloitte, 87% of retail companies believe businesses that offer crypto as a payment option have an advantage over competitors in their respective niches.
The result showed that 93% of businesses with crypto payment options reported a variety of positive developments. These organizations report an improved client experience and an expanding pool of consumers.
Japan’s government approves policy to drive Web 3.0 adoption
The Japanese government on Tuesday gave the green light to a new policy that plans to develop and expand the Web3 environment in the country, including the use of cryptocurrencies, non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs).
Additionally, the country plans to promote its fintech sector by developing a system for raising funds with security tokens, easing the evaluative standards for crypto.
PLD rises 106.57% after 24h
After witnessing continuous growth, PLD, governance token of the Plutonians DAO, is now leading the Top Gainers and Top Trending on ONUS with 286,46k views.
In the past 24 hours, PLD has gained more than 100%, reaching a price of 6,005 VNDC with a trading volume of 7.25 billion VNDC.
Ripple, Stellar to aid Novatti launch AUDC stablecoin
Novatti Group quite recently confirmed that its deal with Ripple and Stellar to build its AUDC stablecoin was on. The Australian company plans to issue the same on the XRP Ledger and Stellar Chain.
The stablecoin set to launch would be backed 1:1 against the Australian Dollar. As such, market participants would be able to purchase 1 AUDC for 1 AUD and then leverage its utility by sending the AUDC to a digital wallet through a blockchain network without international transaction fees.
Among affluent Asian investors, 52% hold crypto
Affluent investors are ahead and are abundant about investing in crypto, with an analysis by Accenture showing that 52% of them include crypto in their portfolios during the initial quarter of 2022.
The study found digital assets make up 7% of these investors’ portfolios, making it the fifth-largest asset class in Asia. A further 21% are expected to enter the asset class by the end of 2022, suggesting that as much as 73% of affluent Asian investors would hold digital assets by then.
New study shows 37% want governments to legalize Bitcoin
A new survey conducted by The Economist, aimed to know the number of people who want their governments to legalize crypto.
The results showed that 37% of the respondents wanted their government to declare crypto as a legal tender. Furthermore, these groups expressed their support if such a move became a reality. However, 43% of the respondents said they were not in support or against the motion, while 18% rejected the move out rightly.
Metaverse tokens up 400% year on year despite altcoin bloodbath
A new report from Kraken Intelligence reveals that metaverse tokens were one of only two categories of cryptocurrencies that saw year-on-year growth in prices. Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Axie Infinity Shards (AXS) (up 511%), and Stepn’s GMT (up 746%).
Despite slumping prices across the market, usership among those games has remained consistent at about 1 million users per day, according to data from decentralized application tracker DappRadar.
ADA preferred by investors in this bear market
The survey run by London Real TV asked crypto community members which coin they prefer to hold most during the current bear market. A total of 76.9% votes were given to ADA, 11% and 5% were in favor of Bitcoin and Ethereum, respectively.
Santiment on-chain data provider has reported that last Friday, the number of whale transactions suddenly went up. Around 39 transfers, carrying over $1 million worth of ADA each, was detected between 2 p.m. and 3 p.m. UTC on Friday, June 3.
Ethereum’s Ropsten testnet merge is complete
On June 8, Ethereum completed The Merge on a public testnet for the first time, comprising a major milestone in its roadmap towards Proof-of-Stake.
After the Ropsten transition, two more testnets (Goerli and Sepolia) will be transitioned to proof-of-stake before focus shifts to mainnet.