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Azuki NFT Floor Price Has Fallen Over 60% in the Past 30 Days: Nansen

According to Nansen, the floor price of Chiru Labs' popular Azuki NFT collection has declined by 63% over the past 30 days. This comes after some critical reactions from the crypto community over Elementals, the company's new NFT collection. CoinDesk’s Jennifer Sanasie presents "The Chart of the Day."

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NFT Creator Royalty Payments Sunk to Two-Year Low in June: Nansen

A new report from data analytics platform Nansen shows that royalty payments sunk to a two-year low in the month of June. This comes after NFT royalty payments reached their peak in April 2022, contributing to a collective 28,000 ETH in one week of creator earnings. CoinDesk's Jennifer Sanasie explains the sharp decline in "The Chart of The Day."

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67% of New NFTs Minted Are Profitable: Nansen Data

According to Nansen data, 67% of new non-fungible token (NFT) mints in May are profitable. Separately, Dune Analytics notes a declining number of monthly active traders this year on Opensea, the largest NFT marketplace, amid increased weekly volume on Blur, an NFT platform geared towards professional traders. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Nansen Cuts 30% of Staff To Reduce Expenses; Binance Says it Needs to 'Focus on Talent Density'

Nansen, a blockchain data analytics platform, announced a 30% reduction in headcount on Tuesday as it looks to cut costs alongside a continuing slump in cryptocurrency markets. Meanwhile, crypto exchange Binance said it needs to "focus on talent density across its organization" as it responded Wednesday morning to a report of job cuts. "The Hash" panel discusses what to make of the continued crypto layoffs in the latest fallout of the ongoing bear market.

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Ether Staking Deposits Top Withdrawals For First Time Since Shanghai Upgrade

Ether (ETH) holders are rushing to stake their tokens, with network validators pushing deposit activity to the highest level since the Shapella upgrade earlier this year. More than 200,000 ether have been deposited to the network since the start of the week, according to data from Nansen. eToro US Investment Analyst Callie Cox weighs in.

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Binance’s On-Chain Balance Stands at Nearly $65B Despite CFTC Lawsuit: Nansen Data

Data from blockchain analytics firm Nansen reveals that Binance's on-chain balance remains high, despite the CFTC suit against the crypto exchange that dropped this past week. Nansen Customer Success Manager Jason Meng discusses what the on-chain analytics tool provider is seeing in regards to Binance's outflows following regulatory turbulence for the world's largest crypto exchange.

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Binance's $2B Weekly Net Outflows 'Not Out of the Norm': Nansen Analyst

Binance's on-chain balance remains high, despite U.S. regulators charging the crypto exchange for allegedly violating U.S. federal law this past week. Nansen Customer Success Manager Jason Meng tells "First Mover" that Binance saw about $2 billion of net outflows in the past seven days and that's "not out of the norm" for the exchange.

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Binance’s On-Chain Portfolio Stands at $64B, Nansen Data Shows

Data from blockchain analytics firm Nansen shows that Binance’s on-chain portfolio currently stands at $64 billion. Braden Perry, Kennyhertz Perry Partner and former CFTC senior trial lawyer, shares his thoughts on the CFTC lawsuit against Binance and the state of the broader U.S. crypto regulatory landscape as CFTC Chairman Rostin Behnam reiterated Tuesday at a congressional hearing that he believes ether is a commodity, contrary to what the SEC has said. Plus, his thoughts on Sam Bankman-Fried facing a new U.S. indictment.

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Bitcoin Briefly Slips Below $27K as CFTC Sues Binance

Bitcoin (BTC) briefly dipped below $27,000 as crypto traders react to the CFTC suing Binance and its CEO Changpeng "CZ" Zhao. In the last 24 hours, Binance has seen a net outflow of $400 million on Ethereum, according to blockchain analytics firm Nansen. This compares to a net flow of $2 billion over the past seven days. Hxro founder Dan Gunsberg weighs in.

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Arca Head Of Research On Blur's Rapid Rise

NFT marketplace OpenSea’s dominance in the NFT ecosystem faces a growing challenge from Blur’s rapid ascent. Earlier this week, Blur overtook OpenSea in daily Ethereum trading volume for the first time, according to data from Nansen. Arca Head of Research Katie Talati weighs in on Blur's rapid growth.

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