Bitcoin & Etherium at all time high: CryptoCurrency Market hits staggering $3 trillion
$3 trillion
Total value of the cryptocurrency market on Monday, November 8 — a new all-time high. The runup coincided with twin peaks for BTC (breaking $68,000) and ETH (above $4,800). In other news, DeFi protocols had more $270 billion in value locked as of Tuesday AM — another all-time high.
140 million
Approximate number of Chinese citizens (about 10% of the total population) who have activated digital yuan wallets, according to the People’s Bank of China. As China cracked down on crypto this year, the country ramped up efforts for its central bank digital currency, which has seen adoption grow more than six times in the last four months.
$250,000
Price at auction for an NFT that grants once-per-year access to a 2,000 pound tungsten cube at the Illinois headquarters of metal supplier Midwest Tungsten. Why? Because tungsten — which is almost as dense as gold but much cheaper — has become a meme on crypto Twitter, leading many fans to buy (much smaller) cubes. The auction’s winner can choose to “burn” the NFT and receive full ownership of the giant cube.
49%
Percentage of millennials who said they’re “at least somewhat comfortable” owning crypto in a recent survey. Meanwhile, 37% of Generation X and 22% of baby boomer respondents to the Bankrate survey reported the same crypto comfort levels.