Crypto Research

* A rare CryptoPunk NFT called "Covid Alien" was sold at Sotheby's on Thursday for $11.8 million. Created by Larva Labs, CryptoPunks were among the first NFTs available on the Ethereum blockchain and consist of 10,000 unique, pixelated characters.Ledger, a manufacturer of hardware wallets for crypto, completed a $380 million Series C financing led by 10T Holdings on Thursday, implying a $1.5 billion valuation for the company. This new raise...

Ethereum on-chain transaction volume and miner revenues reached monthly all-time highs in May, with monthly mining revenues hitting $2.3 billion, and miner transaction fees surpassing $1 billion for the first time. On-chain transaction volume was over $650 billion, nearly doubling the preceding month's total.

The weekly returns for the Rebel coins was obviously poor but do not overlook the returns achieved over the first 5 months of the year. ☀️Have a good long weekend, BitDigest will be back on Tuesday June 1st. THE HEADLINES MERGERS & ACQUISITIONS MARKET DATA THOUGHTS ON THE ECOSYSTEM DAILY CARTOON

THE HEADLINES EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM DAILY CARTOON Note: Zcash (ZEC) and Monero (XMR) are privacy coins

Friday is the last day I will be sharing BitDigest with many of you. I occasionally like to change what I am doing with this daily letter and together with Fundstrat have decided to no longer circulate BitDigest to Fundstrat’s clients.  This is bittersweet as I have enjoyed being a contributor to their team. I have been a Fundstrat client for several years and have no plans to change this relationship, but after nearly...

THE HEADLINES MERGERS & ACQUISITIONS MARKET DATA THOUGHTS ON THE ECOSYSTEM DAILY CARTOON

THE HEADLINES MARKET DATA EXCHANGE, CUSTODY AND PRODUCT NEWS THOUGHTS ON THE ECOSYSTEM